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spin [16.1K]
3 years ago
14

A product that cannot be perceived by the senses is called an _____ product.

Business
1 answer:
Eva8 [605]3 years ago
8 0
Im pretty sure it is amenity
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The perfectly competitive firm produces that quantity at which a.marginal revenue is greater than marginal cost. b.the largest g
Katena32 [7]

Answer:

Option (c) is correct.

Explanation:

The perfectly competitive firm produces at a point where the marginal revenue is equal to the marginal cost because it the profit maximizing point for the competitive firms. Under the perfectly competitive market conditions, the price is determined by the two forces: demand and supply of the goods.

The firms under this market condition, faces a perfectly elastic demand curve which implies that the buyers are free to buy any quantity of goods.

4 0
3 years ago
Which methods of paying for college do not require repayment? Check all that apply.
Svetradugi [14.3K]

Answer:

The correct answer would be option D, Scholarships

Explanation:

Scholarships are basically grants, given to students who cannot pay for their education expenses. Grants are the funds that are given to an entity by the Government or financial institution or any institution which the receiving party is not required to repay. Grants are usually given to the non profit organizations, Educational institutions, individuals or businesses to help them grow and meet their expenses better. So scholarships are the grants given to students by the college authorities to continue their education and meet their educational expenses and the students are not required to payback these student scholarships.

8 0
3 years ago
Read 2 more answers
Effectiveness means:
Usimov [2.4K]

Effectiveness means producing the desired result with an application of minimum effort, expense, and waste.

<h3>What is effectiveness?</h3>

When a firm or a producer produces goods or services by application of the available resources in the best possible way, ensuring their optimum utilization, the firm is engaged in bringing effectiveness in production.

Hence, option B holds true regarding effectiveness.

Learn more about effectiveness here:

brainly.com/question/24230098

#SPJ1

7 0
2 years ago
Recently the corporate tax law in the U.S. changed so that firms that previously faced a marginal tax rate of close to 40% now p
garri49 [273]

Answer:

a.) increased the after-tax cost of debt

Explanation:

Missing options are:

a.) increased the after-tax cost of debt

b.) did not change the after-tax cost of debt

c.) increased the value of the deduction for interest expense

d.) decreased the after-tax cost of debt

The after tax cost of debt is calculated by multiplying the debt's principal x interest rate x (1 - tax rate). If the tax rate decreases, the after tax cost of debt increases. e.g.

$1,000 owed at 6%, when tax rate was 40% ⇒ after tax cost of debt = $1,000 x 6% x (1 - 40%) = $36 or 3.6%

now, $1,000 owed at 6%, when tax rate is 21% ⇒ after tax cost of debt = $1,000 x 6% x (1 - 21%) = $47.40 or 4.74%

4 0
3 years ago
Suppose that velocity is 3 and the money supply is $600 million. According to the quantity theory of money, nominal output equal
Tamiku [17]

Answer:

$1,800 million

Explanation:

According to the quantity theory of money , velocity = nominal output / money supply

If velocity is 3 and money supply is $600 million, nominal output = $1,800 million .

I hope my answer helps you

3 0
3 years ago
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