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Naddika [18.5K]
3 years ago
5

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Business
1 answer:
AlexFokin [52]3 years ago
6 0

Answer:

?

Explanation:

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Adam Smith's invisible hand theory is the concept that in a market where people are free to buy and sell as they please, buyers will buy goods that sellers offer at prices that work for all parties.

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Jim receives a copy of a proposal for a new radio station in his town. From the information, he learns the potential for profits
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Jim is analyzing the <u>prospectus </u>through which he learns about the potential for profits, the risk involved, and the capital that is needed to become a shareholder of a company.

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2 years ago
Horizon inc., a local electronics manufacturing company, produces a significant amount of electronic waste every day. the compan
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This scenario illustrates that Horizon has failed to fulfill its <u>"Legal responsibility".</u>


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If a competitive firm can sell a bushel of soybeans for $25 and it has an average variable cost of $24 per bushel and the margin
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Answer:

reduce output

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The marginal cost ($26) is greater than the marginal revenue ($25). In order to maximise profit, marginal cost should he reduced up to the point where marginal cost equals marginal benefit.

A firm should shutdown, reduce production to zero if average variable cost is greater than price but in this question, the firm shouldn't shut down since price ($25) is greater than average variable cost ($24).

I hope my answer helps you

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3 years ago
You are the HR manager for a fifty-person firm that specializes in the development and marketing of plastics technologies. When
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I would say that the organization needs a job and yea yea
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