Marginal revenue is equal to marginal cost.
A perfectly competitive firm will maximize profits (minimize losses) by producing the level of quantity.
The profit maximize firms will occur at a level of quantity where marginal revenue equals to the marginal cost. It can also maximize its profit when its total cost curve intersects curve. Economic profit is the difference between the total revenues and economic costs.
Perfectly competitive firms are called the price taker firm to maintain and maximize profits. It definitely raise the prize for its profit otherwise it losses all its production in terms of sales. It is generally an atomic market condition intensively depending on ideal price.
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Usually they start out small as family-owned restaurants and gradually increase until chains are created
Answer:
<u>Giselle should purchase points</u> to lower the interest rate of the mortage, this will make the cuota decrease.
Explanation:
163000 x20% = 32,600
163,000 - 32,600 = 130,040
current mortgage cuota:
C= 800.68
800.68/ 2,986 = 0.2681 = 26.81%
this cuota exeeds the desired amount Giselle wants.
her couta can be as much as 2,986 x 25% = 746.5
<u>Giselle should purchase points</u> to lower the interest rate of the mortage, this will make the cuota decrease.
Answer: Perfect competition
Explanation: In a perfect competition market structure the number of sellers in the market is very large with each individual seller operating at a very small level. Due to small operation, no individual seller is capable enough to dictate or affect the price in the market.
The sellers in perfect competition are bound to take prices determined by market forces of demand and supply.
Answer:
Do this by producing detailed images using a series with polarized glasses, that first focuses a laser light on or via an object, then conveys the image of the object to expand the created image.
Explanation:
Developing economies are those countries that transition from economies and invest in capacity-building. Developing economies mean rapid industrialization and foster care of market economics and the personality traits of social democracy.
The man characteristics of an emerging market are-
-
Low incomes
- Rapid growth
- Volatile markets
- Maturing/developing markets
- Higher than the average return on investments
