1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BabaBlast [244]
3 years ago
15

In the short​ run, a monopolistically competitive firm will A. select the rate of output where price equals marginal cost. B. ma

ke a profit. C. not advertise because the effects will not be realized until the long run. D. select the rate of output where marginal revenue equals marginal cost.
Business
1 answer:
stepan [7]3 years ago
3 0

Answer:

Option D is correct.

<u>Select the rate of output where marginal revenue equals marginal cost </u>

Explanation:

Reason: Profit = Revenue - Cost

To maximize profit we take the derivative. Results in in Max Profit occurring at Marginal Revenue = Marginal Cost

You might be interested in
(30 Points)<br><br><br> Give some examples of how government spending benefits people.
salantis [7]

Government expenditures enter the economy through the compensation of public employees, purchases of goods and services from the private sector, and through transfer payments to individuals for social security, welfare, and other needs. These expenditures benefit industries, communities, and individual citizen

6 0
3 years ago
Read 2 more answers
Which of these is NOT an example of a fixed expense in a budget?
STatiana [176]
D) expenses for a birthday party
5 0
3 years ago
Read 2 more answers
Blossom Inc. had sales of $2,300,000 for the first quarter of 2020. In making the sales, the company incurred the following cost
n200080 [17]

Answer:

          CVP Income Statement

Sales revenue                   2,300,000

Less: Total variable cost   <u>1,171,000</u>

Contribution margin           1,129,000

Less: Fixed cost                 <u>664,000</u>

Net Operating income     <u>$465,000</u>

Note:

Cost of goods sold    936,000  

Selling expenses       119,000

Admin expense         <u>116,000</u>

Total variable cost    <u>1,171,000</u>

Cost of goods sold       473,000

Selling expenses         71,000

Admin expense           <u>120,000</u>

Total Fixed cost           <u>664,000</u>

6 0
3 years ago
Which of the following refers to a process that first determines what information marketing managers need and then​ gathers, sor
Lapatulllka [165]

Answer:

c. Marketing information system​ (MIS)

Explanation:

Marketing information system​ (MIS) -

It refers to the management of the information to help the marketing decision making process , is referred to as Marketing information system​ (MIS)  .

The information or the data is collected , stored and distributed accordingly , to make the process fast and efficient .

Hence , from the given information of the question,

The correct option is c. Marketing information system​ (MIS) .

3 0
3 years ago
Do you think that customers are impressed with the effort that Gap has made to respond to the need to have more worker friendly
KonstantinChe [14]

Answer:

Yes, I think that customers are very impressed with their customer service

Explanation:

I'm impressed.

8 0
3 years ago
Other questions:
  • Meredith inc. is a manufacturer of art supplies. the company has announced plans to enter into an equity strategic alliance with
    8·2 answers
  • What is the nature of Woolworths
    11·1 answer
  • Suppose there is a simple two good economy that produces fish and cars. When the economy increases its production of fish from 0
    13·1 answer
  • Marigold Corporation had net sales of $2,423,800 and interest revenue of $36,500 during 2020. Expenses for 2020 were cost of goo
    11·1 answer
  • Jennifer took a video recording of Jack and Alice fighting in an alley. Jack and Alice disclose multiple private facts about eac
    9·1 answer
  • Suppose that the equilibrium price and quantity for 1 bedroom apartments in Orange County is $2,000 and 250,000 respectively. Wh
    9·1 answer
  • Jones Company issued $500,000 of 5%, 10-year bonds payable at a price of 92. The market interest rate on the date of issuance wa
    10·1 answer
  • Jose graduated in engineering 5 years ago. Hisemployer will give him a raise of $10,000 per yearif he passes the PE exam (Profes
    10·1 answer
  • What are the 4 important dimension of wellness explain each dimension?
    12·1 answer
  • What segment of the foodservice industry is characterized by limited menus, fast service, and modest prices?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!