Answer:
General agent
Explanation:
A general agent is a person that the principal authorises to perform transactions in relation to a part business on a certain place.
A general agent can perform all acts in relation to a business that has been assigned by the principal. For example in real estate when an agent performs property management functions for his client he is acting as a general agent.
On the other hand a special agent is one that is employed by a principal to perform a specific task or job and his scope of responsibility is limited to that job function.
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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brainly.com/question/10822075
Answer:
The correct answer is: feasible and efficient.
Explanation:
The production possibility curve or frontier shows the different bundles or combinations of two goods that be produced using the given resources and state of technology.
All the points on the production possibilities curve represent the combinations that are feasible and efficient.
The points below the curve show the points that are feasible but inefficient.
The points above the curve show the points that cannot be attained using the given level or resources and technology.
Based on efficiency, the businesses that should cut hair are the A and C; moreover, to meet the demand, each firm will need to offer at least two haircuts.
The supply of a product or the units of a product that is offered to potential customers should always meet the number of real customers. In the same way, the price of the product should meet the price customers are willing to pay.
In this context, the best is that only firm A and C cut hair, this is because their prices per cut ($25 and $30) match the consumers' willingness to pay this includes Lorenzo ($35), Gilberto ($50), Juanita ($40) and Neha ($25).
- Firm A can cut Neha's and Lorenzo's hair
- Firm C can cut Gilberto's and Juanita's hair
Moreover, this implies each firm needs to do at least 2 haircuts to cover all the possible customers.
In the case of firms B and D, the price per cut is high ($40 - $45). Based on this, they should not cut hair as only a few customers can pay for this service, and this would be inefficient.
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Answer: truy cập vào link sau
-https://youtu.be/rvei2IHOju0
-https://webketoan.com/threads/1534258-tinh-don-gia-nhap-kho/
Explanation:
