Answer:
Yes, because the marginal revenue exceeds the marginal cost.
Explanation:
The best answer to the question above would be letter b. surplus. If a nation exports more than it imports, it has a trade surplus. A trade surplus is when the nation has too many goods and they have to export it. Importing would be a bad decision since more goods are added to the economy.
Answer:
More bankruptcies
Explanation:
Financial crises are caused by number of reasons such as stock market crash, liquidity shortage, over-valued assets which make investors sell off their investments hence causes panic withdrawals for customers due to rumored banking collapse etc.
When financial crises occur, the profit due to firms will be eroded because the revenue expected by them is not coming forth. Moreso, the overall corporate profit would also be affected by the financial crises hence bring about loss and subsequent bankruptcies.
Financial crises creates unemployment or massive lay-offs, loss of money hence increase chances of creating more bankruptcies.
Answer:
the person makes his own decisions regarding the business
Answer:
$4
Explanation:
Calculation to determine the minimum price the company would accept for the radios
Minimum price=Selling costs (40% variable)*$10
Minimum price=$4
Therefore the minimum price the company would accept for the radios will be $4 because it COVER THE VARIABLE SELLING EXPENSE