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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.

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Suppose an Exxon Corporation bond will pay $4,500 ten years from now. If the going interest rate on safe 10-year bonds is 4.25%,
Luda [366]

Answer:

The answer is a. $2,967.92

Explanation:

Calculation of prent value

Present value = p* (1+i)^-10

Present value = $4,500 * (1+0.0425)^-10= <u>$2,967.92</u>

4 0
3 years ago
It is important to think about your own views on leadership. What do you feel are the foundations of what makes a leader success
Anika [276]

Some of the fundamentals of leadership are character, empathy, and integrity. These are essential ingredients of that make a leader successful. From the list below the best perspective would be: "The best style of leadership depends on the situation."

<h3>What is leadership and why is it important?</h3>

Simply said, leadership involves taking chances and questioning the existing quo. Leaders inspire followers to take on new and improved goals.

Leading an organization's resources toward increased efficiency and goal attainment is a crucial management job. Clear objectives are provided by effective leaders, who also inspire and direct their teams to accomplish the organization's goals.

A competent leader will model appropriate behavior for their team members and foster passion for the task being done. Leaders that are accountable and modest will teach their followers how to act in similar ways. In the process, leaders may give team members a good sense of the corporate culture.

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4 0
1 year ago
The total amount of carbon fixed into organic matter through photosynthesis (or chemosynthesis) in a given unit of time is known
lesya692 [45]

The total amount of carbon fixed into organic matter through photosynthesis (or chemosynthesis) in a given unit of time is known as Gross primary production.

<h3>What is Gross primary productivity?</h3>

Gross productivity generally is the rate of energy capture.

Net efficiency is lower: its net efficiency is balanced for the vitality utilized by the living beings in respiration/metabolism, so it reflects the sum of vitality put away as biomass.

The whole vitality settled by plants (autotrophs) in a community through photosynthesis is alluded to as net essential efficiency (GPP).

Since all the vitality settled by the plant is changed over into sugar, it is hypothetically conceivable to decide a plant’s vitality take-up by measuring the sum of sugar delivered.

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4 0
1 year ago
Suppose you're in charge of establishing economic policy for this small island country. Which of the following policies would le
Rom4ik [11]

Answer:

Encouraging saving by allowing workers to set aside a portion of their earnings in tax-free retirement accounts

Explanation:

Productivity increases when human capital increases due to higher education and training, when physical capital increases due to higher investments or when new technological breakthroughs increase productivity.

By encouraging savings, investments will increase as well as physical capital which results in an increase in productivity.

4 0
3 years ago
Sonja is writing an essay about becoming a preschool teacher. Complete it by correctly filling in the missing information.
stepladder [879]

Answer:

Out of all the career choices in the <em>Human Services</em> career cluster;

I’ll need to complete high school and get an <em>associate's degree (or bachelor's)</em>

Explanation:

The occupation of a preschool teacher is in the <em>Human Services career cluster</em>. This cluster includes children education, social and community occupations and counseling.

In order to be eligible for the preschool teacher job, Sonja needs to obtain an <em>associate's or bachelor degree</em> from an academic institution that prepares candidates well enough to become licensed preschool teachers.

7 0
3 years ago
Read 2 more answers
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