its B 130%.
(Says I need to write at least 20 characters, sooo hows your day going?)
Profit is equal to the product of the price of the production and the average total cost.
How do you find the quantity of perfect competition that maximizes profit?
When marginal revenue equals marginal cost, or when MR = MC, a fully competitive firm will make the decision that will maximize its profits.
What is the production that the company produces at a profit?
The production rule listed below is used by a competitive business to increase profits: The output level that generates the most profit for the company is where the marginal cost (MC) just touches the product price and where the MC curve is sloping upward.
Learn more about Profit here:
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Answer:
Explanation:
Present value of Annuity will be used for this as the future payments are given after equal intervals.
PV of an Annuity = C x [ (1 – (1+i)^-n) / i ]
Where,
C is the cash flow per period
i is the rate of interest
n is the frequency of payments
add given Values in the formula:
$1,000 x [ (1 – (1+4%)^-12) / 0.04 ]= $9387.5 is the Answer
dont cheat on you test just because everyone is in online school because of the coronavirus
It is called living frugally.
