Answer:
Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that P = ATC, P>ATC, MR =MC, or MR>MC at the optimal quantity. Furthermore, the quantity the firm produces in long-run equilibrium is the efficient scale. True False
This indicates that there is a markup on marginal cost in the market for shirts. True False
Explanation:
In the long run, monopolistically-competitive entities produce at a level where marginal cost and marginal revenue are equal. This makes it impossible for individual companies to sell their products at prices above the average cost. This situation means that monopolistically-competitive companies will always earn zero economic profit in the long run.
Contribution Margin Per Unit (a) = $9.60 per unit
Increase in Unit Sales (b) = 1 unit
Increase in Net Operating Income
(a) X (b) = $9.60 X 1 = $9.60
There will be a $9.60 increase in Net Operating Income if sales increase in 1 ,001 units.
Fiorella, a recent college graduate in computer programming, is interested in several positions with global companies because she knows that working in other countries exhibits independence, resourcefulness, and entrepreneurship to potential employers.
<h3>How
working in the other countries is helpful to Fiorella?</h3>
Working in many nations, demonstrating independence, entrepreneurship, and resourcefulness abilities that aid in maintaining a positive organizational position.
The aforementioned abilities aid in the development of effective managerial skills, and a resourceful mentality is one of the types of ability that aids in the development of good visualizing for the achievement of desired organizational goals.
Thus, option E is correct.
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Answer:
The answer is 18%
Explanation:
Return on investment is defines as the revenue or profit that is earned by a business as a result of certain amount invested in a business or activity.
It is calculated by dividing profit realised by the amount invested.
The magazine subscription costs $45 a year, so for 3 years a subscriber pays 45*3= $135
However the amount he actually paid is $115 for the 3 years.
Gain in this transaction= 135- 115= $20
Return on investment= gain/amount invested
Return on investment= 20/115
Return on investment= 0.17391
Return on investment= 17.391%
This is closes to 18%
<span>Maintenance workers have the most vague job description out of all the positions. Every other position has a detailed list explaining all of their duties. However, the maintenance position only lists one sentence of what their duties entail.</span>