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Savatey [412]
3 years ago
8

Suppose a perfectly competitive firm is producing 37 units output, and the marginal cost of the 37th unit is $3. If the firm can

sell each unit of output for $5 and the firm's revenue is sufficient to cover its variable cost, the firm should:__________.
A. lower its price.
B. decrease production.
C. increase production.
D. raise its price.
Business
1 answer:
ale4655 [162]3 years ago
8 0

Answer:

correct option C. increase production.

Explanation:

given data

producing  = 37 units  

marginal cost MC = $3  

sell MR = $5  

solution

the profit is maximum at MR = MC   ..............1

and here MR = $5 and MC = $3

then production should be increased up to the  MC = MR = $5

so correct option is C. increase production

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Joi, working at a research facility in Washington, DC, needs to communicate with Jesús, who is in Mexico City, about a project t
PIT_PIT [208]

Answer:

The correct answer is B that is physical barrier

Explanation:

Physical barrier is the kind of barrier which is comprise of the natural and environmental condition, act as a barrier or fence in communication while sending the message from the sender to receiver.

In this case, Joi wants to communicate to Jesus regarding a project, on which they will be working on. But still facing the problem while communication. So, it is a barrier which is physical.

6 0
3 years ago
Impa Inc. applies overhead based upon machine hours. At the beginning of 2018, Impa estimated overhead to be $400,000, machine h
PolarNik [594]

Solution :

It is given that,

Impa Inc. estimated an overhead of $ 400,00 machine hours to be 25,000 and that of direct labor hours of 40,000.

During the month of April, Impa Inc. has a 3000 direct labor hours as well as 4500 machine hours.

Therefore, the overhead applied for the month of April is

$\frac{400,000}{25,000} $  machine hours = $ 16 per machine hour

The actual machine hours in April = 4500 machine hours

Therefore the overhead applied = 4500 x 16

                                                      = $ 72,000

4 0
3 years ago
Cado Co.'s payroll for the month ended January 31 is summarized as follows:Total wages $100,000Amount of wages subject to payrol
sladkih [1.3K]

Answer:

A. $6,200

Explanation:

We multiply the taxable wages by the tax rate of each tax.

FICA                      80,000 x 7% = 5,600

Unemployment    20,000 x 3% =    600

This will be share of Cado in the payroll taxes. 6,200

The total taxes, would include the employee FICA. but we aren't asked for that. Just for the employee

8 0
4 years ago
Bill was 150 pounds overweight but his insurance premiums significantly dropped after he lost weight by going to a local health
Serggg [28]

The kind of measures that Bill took which made his insurance premiums to drop is a preventative measure.

<h3>What is a preventative measure?</h3>

In insurance, a preventative measure can be defined as a kind of measure that typically involves reducing the degree of risk associated with an insurance object, and mitigating (decreasing) the negative impact of potential insurance-related accidents on the insured.

In this context, we can infer and logically deduce that the kind of measures that Bill took which made his insurance premiums to drop is a preventative measure.

Read more on insurance here: brainly.com/question/16789837

#SPJ1

7 0
2 years ago
Luis is an HR manager preparing a message to his company's employees, explaining the company's new policy of valuing diversity.
Lilit [14]

Answer:

Luis can use the following statement to express the best business case for valuing diversity:

O A diverse workforce makes the company more competitive by providing insights into its diverse customers. Valuing diversity takes many forms, including affirmative action and rewards for demonstrating respect.

Explanation:

This statement best explain the narrative of expressing the best business case for valuing diversity as a business wants to remain competitive and ahead of its competitors. As well as the second part of the statement shows that diversity is not limited to some specific terms and areas rather it has vast impact and meaning like including affirmative actions and rewards for showing respect to your work, working environment and your fellows.

6 0
3 years ago
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