Answer:
E decrease the product price
Explanation:
Maturity stage of the product is the stage where the product has already saturated in the market and sales begin to peak and slow down. Many companies will want to maintain this stage when it peaks but when the decline starts showing up it is a great challenge for them due to competition that cuts in from other companies. so companies at maturity stage would want to adopt the method of decreasing the price of the product in order to fight off competition.
Answer:
Yes.
Explanation:
Given that,
Price of low-quality apples = $1 per pound
Price of high-quality apples = $4 per pound
Marginal utility of low-quality apples = 3 utils
Marginal utility of high-quality apples = 12 utils
Equimarginal:
(Marginal utility of low quality apples ÷ Price per apple) = (Marginal utility of high quality apples ÷ Price per apples)
(3 utils ÷ $1) = (12 utils ÷ $4)
3 = 3
Yes, Timmy is maximizing his utility as his equimarginal utility is same for both the goods as shown above.
Answer: b. Dow Jones Industrial Average
Explanation: The Dow Jones Industrial Average index futures has a multiplier of $10 times the index value which is used to calculate contract settlements and helps determine the dollar value of each point of price movement. For example, Dow multiplier is 10, meaning each Dow point is worth $10 per contract.
Type of employment, indicator for chronic illness, drug, or alcohol use these variables are likely useful to add to the regression to control for important omitted variables.
What is sleep pattern?
The word sleep pattern, commonly referred to as a sleep-wake pattern, refers to a person's schedule for going to bed and getting up as well as their napping habits. The frequency and length of sleep disruptions may also be part of the sleep pattern.
Type of employment, Chronic illness and drug/alcohol use they ought to be included in regression since they disturb sleep patterns.
As a result, option (a) Type of employment. (b) Indicator for chronic illness. (c) Drug or alcohol use is correct.
Learn more about on sleep pattern, here:
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Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a profit-maximizing pure monopoly occurs where
D. marginal revenue equals marginal cost
Explanation:
- Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a profit-maximizing pure monopoly occurs where
- D. marginal revenue equals marginal cost
- In business, the production is done at the level where marginal revenue is equals to marginal cost to maximize the output.
- When the marginal revenue is greater than the marginal cost, it pays you more.
- Each unit added which is sold will add more to revenue than to costs.
- Marginal cost is the cost which occurs due to the increase in cost a company incurs by producing one extra unit of goods or services.
