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daser333 [38]
3 years ago
15

Economists normally assume that the goal of a firm is to

Business
1 answer:
Elina [12.6K]3 years ago
6 0

Answer:

Profit Maximisation

Explanation:

Profit is the difference between total revenue (receipts) from sale & total cost (expenditure) on production.

Total Revenue = Price x Quantity ; Total Cost = Average Cost x Quantity

Economists study all the producer behaviour, based on assumption that : Goal of firm is Profit Maximisation.

Maximising Profit implies maximising the difference between Total Revenue & Total Cost [ TR - TC] . This further leads to producer equilibrium rule of Marginal Revenue = Marginal Cost [MR = MC] ; i.e additional revenue per unit sold equals additional cost per unit production.

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Equipment purchased for $85,000 on January 1, 2010, was sold on July 1, 2013 for $30,000. The company uses the straight-line met
gregori [183]

Answer:

B) $59,500

Explanation:

The equipment was purchased for 85,000 and has no salvage value which means that all 85,000 will be depreciated over it lifetime. It has a life of 5 years and because it uses straight line method it means that it will depreciate equally each year. The equipment is bought on JAN 1 2010 and sold on July 1 2013 which means that the equipment is used for 3.5 years and in order to find its depreciation we will divide 3.5 by 5 and multiply it by 85,000.

3.5/5*85,000=59,500

4 0
3 years ago
It's either A or D.
ivolga24 [154]
<span>A: Predated check
i hope that help</span>
5 0
3 years ago
Read 2 more answers
The free rider problem is a situation in which A. one agent secures benefits that others pay for B. all of the above. C. none of
vfiekz [6]

Answer:

b).  one agent secures benefits that others pay for.

Explanation:

The free-rider problem is described as the problem when some individuals consume or take the benefit of a resource without paying for it. in this problem, one agent is being benefitted from the resources that the others are paying for. This creates a load on a shared resource and eventually causes market failure. In order to cope with this problem, the organizations must ensure a fair distribution of resources and their benefits as per the payment made by the agents. Therefore, option B is the correct answer.

4 0
3 years ago
identify a correct statement according to those who believe that regulation of discrimination and other areas of employment rela
Firdavs [7]

An accurate statement according to individuals who trust that regulation of discrimination and other areas of the employment relationship is vital: financial forces do not have the funds for absolute safety against employment discrimination on the basis of race, gender, nationality, or different covered categories.

Employment is described as what you do as a paying job. An instance of employment is running for an espresso save. The definition of employment is the quantity or percent of humans who've jobs. An instance of employment is the share of citizens with paying jobs indexed kingdom by means of the country.

A career by way of which someone earns a dwelling; paintings; enterprise. the full quantity of people gainfully hired or running. an activity or the like that occupies someone's time: She located knitting a comforting employment for her idle hours. Paints and employment may be used indistinctly in normal language, however, for the labor marketplace, they imply very different things. Employment is a totally particular form of work. other styles of work consist of personal-use production work, volunteer paintings, and unpaid trainee paintings.

Learn more about employment here:

brainly.com/question/1991900

#SPJ4

7 0
2 years ago
A negative externality or spillover cost occurs when Multiple Choice the price of a good exceeds the marginal cost of producing
Mekhanik [1.2K]

A negative externality or spillover cost occurs when  the total cost of producing a good exceeds the costs borne by the producer.

  • Spillover costs, commonly referred to as "negative externalities," are losses or harm that a market transaction results in for a third party. Even though they were not involved in making the initial decision, the third party ultimately pays for the transaction in some way, according to Fundamental Finance.
  • An incident in one country can have a knock-on effect on the economy of another, frequently one that is more dependent on it, known as the spillover effect.
  • Externalities are the names for these advantages and costs of spillover. When a cost spills over, it has a negative externality. When a benefit multiplies, a positive externality happens. Therefore, externalities happen when a transaction's costs or benefits are shared by parties other than the producer or the consumer.

Thus this is the answer.

To learn more about spillover cost, refer: brainly.com/question/2966591

#SPJ4

6 0
2 years ago
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