Answer: Marginal revenue is equal to price times quantity
Explanation:
A perfectly competitive market is a market where there's a large number of both the producers and the consumers have full and symmetric information.
In a perfectly competitive market, the marginal revenue is the same as price and the marginal revenue curve is the same as the demand curve facing sellers.
It should be noted that the statement that the marginal revenue is equal to price times quantity is incorrect. The total revenue is equal to price times quantity.
Answer:
A. $32.08
Explanation:
Dividend=$1.25
Capital gain after one year=$35
Rate of return=13%
Formula for this will be;
Share price=(dividend+capital gain)/(1+rate of return)
Share price=(1.25+35)/(1+.13)
Share Price=36.25/1.13
Share price=32.08
Answer: 1) Raising brand awareness 2) Supervise sales team 3) Carry out presentation
Explanation:
The marketing management has a lot to do to ensure a product is well sold in the market.
1) Raising brand awareness; the product management must come up with innovative wats of promoting brand awareness, either through social media or street marketing, these lies in their hands to do. They are to come up with marketing campaigns
2) Supervise team: the product management would work with a team of marketers and while doing so, would supervise each of them in monitoring how they are going about getting new clients and retaining old clients
3) Presentations; where the nee arises, the marketing management would go out for presentations to companies and group of organization to teach about her products. This can also be done by her team members but they are some occasion the management plays the role
Answer:
120 seconds (2 minutes)
Explanation:
Standard time = normal time + allowances
The normal time is computed using the following formula
normal time = observed time X ratings/100
observed time mean = (84+76+80+84+76)/5 = 80
A person who is 25% faster has a rating of 125%
normal time = 80 X 125/100 = 100 seconds
Allowances is calculated as a percentage of normal time
Allowance = 80 X 20/100 = 20 seconds
Standard time = 100 + 20 = 120 seconds
Your answer is going to be B.
