Answer:
The answer is: In the short run, a purely competitive firm that seeks to maximize profit will produce where total revenue exceeds total cost by the maximum amount.
Explanation:
Total revenue is the total receipts a seller can obtain from selling goods or services to buyers. It can be written as P × Q, which is the price of the goods multiplied by the quantity of the sold goods.
Total cost is an economic measure that sums all expenses paid to produce a product, purchase an investment, or acquire a piece of equipment including not only the initial cash outlay but also the opportunity cost of their choices.
Therefore, if the revenue the company recieves is greater that the amount of money invested (total cost) it's profit will maximize.
According to the vroom expectancy theory, motivation strength <u>"is determined by the perceived value of the result of performing a behavior and the perceived probability the behavior will cause the result to materialize."</u>
Vroom's expectancy theory expect that behavior results from cognizant decisions among options whose reason it is to amplify joy and to limit pain. Vroom understood that a worker's execution depends on singular factors, for example, identity, aptitudes, information, experience and capacities. He expressed that exertion, execution and inspiration are connected in a man's inspiration. He utilizes the factors Expectancy, Instrumentality and Valence to represent this.
Essentially, I would recommend considering the relationship between the utility of this game for you (how much you want it, does it fit into your goals) and its prize: so if the prize is low but the utility is high, you should buy it, but if the prize is high and the utility is low, you should not.
Answer:
Explanation:
From its inception, the organization has advocated for the fair and equal treatment of African Americans. Its success in drawing alliances, both black and white, representing a wide array of social service groups, continues to serve as the bridge to vital resources needed to meet the diverse needs of African Americans.
Answer:
i dont know im only in seventh grade and i dont know when the last time i wrote a essay
Explanation: