1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ArbitrLikvidat [17]
2 years ago
8

The market price of one package of raspberries sold in a perfectly competitive market is $7. Based on this information, what is

the marginal revenue of increasing production from 30 packages to 45 packages?
Business
1 answer:
Kitty [74]2 years ago
3 0

Answer:

$105

Explanation:

In a perfectly competitive market, all suppliers and all consumers are price takers. That means that no one has enough market power to either raise or lower the price.

This means that the marginal revenue obtained by selling 15 more packages = 15 packages x $7 = $105

In a perfectly competitive market, the demand curve is perfectly elastic or horizontal at a given market price.

You might be interested in
What bia metric can be used to express the longest time a business function can be unavailable without causing irreparable harm
aleksklad [387]
MTD <span>You are concerned about the risk that an avalanche poses to your $3
</span>million shipping facility based on expert opinion you determine that <span>there is a 5
</span><span>percent chance that an avalanche will occur each year</span>
5 0
2 years ago
Acquisition cost, as well as capital improvements, will​
Sophie [7]

Answer:

Thus the cost of acquisition as well as the cost of improvement by the previous owner of a capital asset shall be the cost of acquisition of such asset to the person selling the such capital asset acquired under gift or inheritance and the indexation shall be allowed from the year of acquisition or improvement by the previous owner.

Explanation:

not rlly sure tho

3 0
2 years ago
The capital budgeting process in a company involves evaluation of cash flows, risk analysis, correlation with the portfolio of p
Galina-37 [17]

Answer:

c. Universal Computer Corp.’s purchase of a competitor’s subsidiary.

b. Atlanta Aeronautics Co.’s purchase of a new piece of equipment.

Explanation:

Consider the following definition.

What is capital Budgeting ? Capital budgeting is the process a business undertakes to evaluate potential major projects or investments.

3 0
2 years ago
Microsoft develops, produces, and markets a wide range of computer software, including the Windows operating system. On its rece
Shkiper50 [21]

Answer:

$106 million

Explanation:

                               allowance for doubtful accounts

                               debit             credit

beg. balance                                   426

bad debt                                           85        

ending balance       <u>405                        </u>

                                                        106

Since you need $106 million to balance the account, that should be the amount of bad debt written off during the current year. Allowance for doubtful accounts is a contra asset account, any debit balance increases accounts receivable while a credit balance decreases it.

6 0
3 years ago
The sales department of a consumer products organization realized that its rivals were adopting new customer relationship manage
Dmitry [639]

Answer: Option (C)

Explanation:

Environmental forces are referred to as or known as those forces which tends to involve shared beliefs and attitudes of population. Most of the marketing managers have found their task and job increasingly hard because of the fact that lifestyles, consumer values, and also beliefs are changing at a much more rapid rate than they did used to.

3 0
3 years ago
Other questions:
  • A hamburger factory produces 70,000 hamburgers each week. The equipment used costs $13,000 and will remain productive for four y
    12·1 answer
  • Jack receives a check from Kappa Company and indorses it "without recourse." This indorsement is:______.a. a blank indorsement.
    7·1 answer
  • Planning is a key management function because other management functions depend on having a good plan.
    10·1 answer
  • Which of the statements below is​ FALSE? A. Preferred stock does not have a maturity date. B. Preferred​ shareholders' dividend
    8·1 answer
  • Hello! can you pls help me with this question?
    6·1 answer
  • When should you begin preparing for an interview?
    10·1 answer
  • Which of the following might be considered e-waste?
    12·1 answer
  • What role do individuals play in a capitalist system?
    13·2 answers
  • Find three examples of each tool in the promotional mix. Answer these questions: 1.What is the purpose of the promotional tool?
    8·1 answer
  • What tends to happen to a nation that increases its participation in an open economy with an international sector?.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!