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Dafna1 [17]
3 years ago
12

At the profit-maximizing level of output

Business
1 answer:
tensa zangetsu [6.8K]3 years ago
5 0

Answer:

The correct answer is letter "C": marginal revenue equals marginal cost.

Explanation:

The profit-maximizing level of output for every type of firm is reached when the marginal revenue of production equals the marginal cost meaning that the additional cost of selling one more unit equals the cost of producing one more unit.

Marginal costs vary according to changes in production. Because of that, managers must identify when those events happen to calculate the profit margin (percentage sales that are converted into profits) of the firm to avoid losses.

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Suver Corporation has a standard costing system. The following data are available for June: Actual quantity of direct materials
tatuchka [14]

Answer: $3.10

Explanation:

The actual price per pound of direct materials purchased in June will be calculated as follows:

Let the actual price be represented by x.

Material price variance is calculated as:

= (standard price-actual price) × actual quantity

-2000 = (3 × 20000) - 20000x

-2000 = 60000 - 20000x

20000x = 60000 + 2000

20000x = 62000

x = 62000/20000

x = 3.1

Therefore, the actual price per pound of direct material bought in June is $3.10

4 0
3 years ago
____ consumption occurs when consumers "set apart" objects and events from normal activities and treat them with respect. ____ c
solong [7]

Answer:

  • Sacred consumption
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Explanation:

This differentiation is based on special religious events (e.g. religious holidays) that considered some goods as sacred, while profane had to do with everyday life.

Some modern marketing strategies try to build sacred brands. For example, Google has become our God of all knowledge and no one even dares to challenge that almost religious belief. Anyone can make their own coffee or buy coffee at any coffee shop, but Starbucks is different, it has built a sense of emotional connection with the public. It's not any coffee that we need or want.  

6 0
3 years ago
The postmaster of a small western town receives a certain number of complaints each day about mail delivery. DAY 1 2 3 4 5 6 7 8
kari74 [83]

Answer:

The mean of the data is: 7.857

b) Yes the process is in control since all values in data set lie between the UCL and LCL.

Explanation:

Find attached the solution

3 0
3 years ago
Why do large media companies have so much control
gtnhenbr [62]

Answer: Big Tech companies thrive on consumer data.

Explanation: So you can limit there power by imposing

6 0
2 years ago
Bob lives in Houston and runs a business that sells boats. In an average year, he receives $842,000 from selling boats. Of this
quester [9]

Answer:

A. The wholesale cost for the pianos that Darnell pays the manufacturer.

3 0
3 years ago
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