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HACTEHA [7]
4 years ago
6

Rick is an asparagus farmer and the world asparagus market is perfectly competitive. the market price is ​$18 a bundle. rick sel

ls 600 bundles a week and his marginal cost is ​$22 a bundle. rick is​ ______.
a. not maximizing profit because there is too much competition in the oyster market
b. maximizing profit if he is selling the maximum amount of asparagus he can produce
c. maximizing profit because marginal cost is greater than marginal revenue
d. not maximizing profit because marginal cost is greater than marginal revenue
e. not maximizing profit because the world asparagus market is perfectly competitive
Business
1 answer:
makkiz [27]4 years ago
6 0
D. I am sure it's d...
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Answer:

yes

Explanation:

role of music is very important

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3 years ago
Unsystematic risk: Group of answer choices can be effectively eliminated by portfolio diversification. is compensated for by the
Novay_Z [31]

Answer:

can be effectively eliminated by portfolio diversification.

Explanation:

The systematic risk is the risk where the loss is associated with the entire market while on the other hand,  the unsystematic risk is the risk in which the loss is associated with the particular segment

Therefore according to the given options, the unsystematic risk is the risk that is eliminated by diversifying the portfolio i.e investing the amount in different companies rather investing in one company

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3 years ago
The ______ is primarily responsible for policing the world trading system and making sure nation-states adhere to the rules laid
Masteriza [31]

Answer:

World Trade Organization (WTO)

Explanation:

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6 0
4 years ago
Stefanie opens a checking account at her neighborhood bank and writes a check on her account. The legal relationship between Ste
Bingel [31]

Answer:

c. An agency relationship

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In this relationship the agent must consent to the instructions of the person i.e the principle.

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3 0
3 years ago
Production Budget
9966 [12]

Answer and Explanation:

The preparation of production budget is shown below:-

                      Weightless Inc

                    Production Budget

         For the month ending October 31

                             Units Bath Scale            Units Gym Scale

Expected Units to

be sold                       150,000                         90,000

Desired Inventory,

October 31                  12,500                           8,000

Total                          162,500                           98,000

Less: Estimated Inventory,

October 1                   -18,000                           -10,000

Total Units to be

produced                  144,500                           88,000

5 0
3 years ago
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