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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To measure changes taking place in your financial situation, you probably need to calculate financial ratios.
<h3>What is financial ratio?</h3>
A financial ratio can as well be described as the accounting ratio which is the relative magnitude of two selected numerical values that is been gotten from a enterprise's financial statements.
It encompass many standard ratios used to try to evaluate the overall financial condition , hence To measure changes taking place in your financial situation, you probably need to calculate financial ratios.
Learn more about financial ratios at:
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Answer:
He has lost the previous files as he has been replacing them.
Explanation:
When you save a file in your computer, you need to save it with a name that is different from the names of the other files you have in the computer. If you save file with the same name of another file, you will replace that file and will lose the information you had. So according to this, as Jack is saving all his work for the class with the name of the course, it means that he has saved everything with the same name and he has lost the previous files because everytime he saves a new file he replaces the previous one.
Answer:
The answer is: A) some people win, some people lose, and there is a loss of economic efficiency.
Explanation:
When the government imposes a price ceiling, some consumers win since they buy cheaper products (lower than equilibrium price) but suppliers lose. Inf the government decides a price floor is better, then customers will lose and some suppliers will win (prices are higher than equilibrium price).
Both price ceilings and price floors cause deadweight loss, decreasing economic efficiency.
Answer: d. A provision related to the achievement of certain performance criteria
Explanation:
While compensatory plans are used in order to compensate the employees of a particular company, the noncompensatory stock option is one whereby the employees of a company are allowed to purchase the stock of that company at a particular price t a specific price and at a particular time period.
Some of its characteristics include:
• participation by substantially all full-time employees who meet limited employment qualifications.
• equal offers of stock to all eligible employees.
• a limited amount of time permitted to exercise the option.
Option D that "provision related to the achievement of certain performance criteria" isn't a characteristics. Therefore, D is the answer.
