When marginal revenue is equal to the marginal cost, then the firm should increase the level of production to maximize its profit.
Marginal revenue simply means the increase in revenue that a company makes as a result of selling an additional output of good. Marginal cost is the cost that a company incurs for production of one extra unit of good.
It should be noted that when the marginal cost if a firm is more than the marginal revenue, it means that the firm is producing too much.
When the marginal revenue of the firm equals the marginal cost, then the firm should maximize its profit.
The correct option is A.
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Answer:
D. Conviction of a felony.
Explanation:
The basis for the suspension is the <u>Conviction of a felony</u>. As common, significantly more severe the violation, that has more severe the penalty. As an illustration but observed guilty of a misbehavior violation, thou may only have to give a penalty. If a court declares a felony conviction after that you may be inspecting various years in the penitentiary. Remaining convicted concerning a felony is a dangerous matter.
Answer:
Answer is E.Both bring a backup copy of your slides on a flash drive and distribute handouts of your slides to the audience.
Explanation:
Answer:
The correct answer is $2,500,000,000.
Explanation:
According to the scenario, the computation of the given data are as follows:
Operating capacity = 80%
Sales = $2 billion
Fixed assets = $600,000,000
So, we can calculate the level of sales by using following formula:
Level of sales = Sales ÷ operating capacity
= $2,000,000,000 ÷ 80%
= $2,500,000,000
Answer:Many companies state their brand promise directly in words, using a short phrase called what? A. A warranty B. A customer mindset C. A corporate image D. A tagline
✓ D.
