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irina [24]
3 years ago
14

Xavier produces and sells tomatoes in a purely competitive market. This implies that Xavier's marginal revenue from an extra uni

t of tomatoes is always equal to the:
Business
1 answer:
VARVARA [1.3K]3 years ago
5 0

Answer: unit price

Explanation:

A purely competitive market is a market whereby there are many firms that produce goods that looks the same and the prices for goods are based on demand of consumers. There's also free entry and exit and no supplier has the right to influence price.

Since Xavier produces and sells tomatoes in a purely competitive market. This implies that Xavier's marginal revenue from an extra unit of tomatoes is always equal to the unit price.

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3 years ago
As the number of multinational corporations continues to grow, we are experiencing a greater number of international ethical dil
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Answer:

Multinationals must subjectively determine the local living wage, which is usually more than the local legal wage in developing countries. Customers surveyed say they are willing to pay a few dollars more to improve working conditions in sweatshops.

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3 years ago
What does glenny mean when he says "hackers are only one element in a cybercriminal enterprise, and often they’re the most vulne
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2 years ago
Which situation best describes opportunity cost
dusya [7]

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Explanation:

5 0
3 years ago
You own a store. Beginning inventory on January 1 was $4,000. Ending inventory on December 31 was $4,500. You purchased $22,000
Butoxors [25]

Answer:

Explanation:

(a) The computation of the cost of goods sold is shown below:

= Beginning inventory + Purchase of new merchandise - ending inventory

= $4,000 + $22,000 - $4,500

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(b) In the income statement, the total revenues and the total expenses are recorded.  

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And, If the total revenues are less than the total expenditure then the company have a net loss

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The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:

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