In a competitive market, a large number of producers compete with each other to satisfy the needs of their consumers. In here, no one or group of producers can dictate the price. <span>They have only one major decision to make—and that is, what quantity to produce. Therefore, when Tom decided to produce commemorative t-shirts, and decrease his output, This decision did not increase his revenue, since did not lead to higher market price nor the competitors will decrease their output. </span><span> The answer is C. decrease his revenue, for price remains the same.</span>
Th return on the market is 0.08.
<h3>What is the return on the market?</h3>
According to the capital asset pricing model, the expected return of an asset is a function of the risk free rate, beta and return on the market.
Expected return = risk free rate + (beta x return on the market)
0.087 = a + 0.74b
0.159 = a + 1.63b
Where:
a = risk free rate
b = return on the market
Subtract equation 1 from equation 2
0.072 = 0.89b
b = 0.072 / 0.89
b = 0.08
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Lisa has a credit card with a limit means :
Your credit score usage price — the amount of revolving credit you're presently using divided by means of the whole amount of revolving credit score you have to be had — is one of the most critical factors that influence your credit score scores. So it is a terrific idea to try to maintain it beneath 30%, which is what is commonly encouraged.
<h3>What is a credit score card?</h3>
A credit score card is a form of credit score facility, supplied by means banks that permit customers to borrow a budget inside a pre-approved credit restriction. It permits customers to make purchase transactions on goods and offerings.
<h3>What does credit card restriction suggest?</h3>
In very simple terms, the credit restriction or the Credit Card limit is the maximum quantity that someone can spend on his or her credit Card. This restriction is something that the issuing business enterprise fixes.
<h3>What occurs when you hit your credit score card restriction?</h3>
Right here are the most common consequences related to spending over your credit score restriction: Your credit score card may be declined. you may pay an over-limit rate. Your interest fees could move up.
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Rene will likely be into a sales clerk and/or banker. Sales clerk is advertising for a product(s) on the way she'll get customer feedback to improve product(s) for customer satisfaction.
Banker she will deal customers, monetary and/or salary issues.
Hope this helps :)
Answer:
Net loss -£25,250
Explanation:
The computation of the profit is shown below:
Sales (750 units × £26) £19,500
Less: Variable cost (750 units × £25) £18,750
Contribution margin £750
Less: Fixed cost £26,000
Net loss -£25,250
The £25 could be calculated below:
= £10 + £12 + £3
= £25
Basically applied the above format