Answer:
The marginal revenue = $2
Explanation:
Firstly we calculate the value in dollars for the number of boxes sold
For 100 boxes, we have 100 * 2 = $200
For 200 boxes, we have 200 * 2 = $400
Mathematically, the marginal revenue = (cost of 200 boxes- cost of 100 boxes)/difference in quantity
= (400-200)/(200-100) = 200/100 = $2
Thus affirms the fact that for a perfectly competitive firm, marginal revenue MR = P (price)
Answer:
c.
Explanation:
Based on the information provided within the question it can be said that the lower limit for setting the transfer price will be the variable cost of production for coil division. This is because the coil division price for it's coils is what is being looked at since it is determined by their production output and their capacity to meet the compressor division's requirements.
Answer:
B. Self-directed and self-nurturing.
Explanation:
Self-directed means directed or guided without anyone else, particularly as an autonomous agent.
Self-nurturing is taking care of yourself. Numerous individuals put themselves at the base of their own rundown of needs. The outcome is burnout, fatigue and hatred. Self-nurturing doesn't need to be troublesome or excessively time-consuming.
Answer:
A. Research and development, Design of products and processes, Production, Marketing, Distribution, and Customer service.
Explanation:
The business functions in the value chain are:
-Research and development: Explore new ideas.
-Design of products and processes: Plan the new products, services and processes.
-Production: Transform all the resources to get the product or deliver a service.
-Marketing: Present and sell the product or service.
-Distribution: Deliver the product or service to the customers.
-Customer Service: Provide support to customers.
Risk-averse: An example of a risk-averse company would be Kodak. this company was so risk averse it did not expand in time, making it impossible for it to stay afloat.
Risk-neutral: When a company is risk-neutral, it is indifferent to risk when it comes to an investment. Many companies related to government follow this pattern, as they are mostly unconcerned without money and instead focus on other missions.
Risk-seeking: Risk seeking is a acceptance of volatility and uncertainty in the hopes for obtaining higher results. Many startup companies could be considered risk-seeking.
