Answer:
$105
Explanation:
In a perfectly competitive market, all suppliers and all consumers are price takers. That means that no one has enough market power to either raise or lower the price.
This means that the marginal revenue obtained by selling 15 more packages = 15 packages x $7 = $105
In a perfectly competitive market, the demand curve is perfectly elastic or horizontal at a given market price.
Answer:
The return on shareholders' equity for 2018 is 22.2%
Explanation:
Return on Equity measures the Return earned by the owners investments in the company.
Return on Equity = Net Income / Total Shareholders Funds × 100
= 200,000 / 900,000 ×100
= 22.2%
Answer: a) has no intrinsic value
Explanation:
Fiat currency is money that is used in a country and is regulated by the central bank of that country. Fiat money has no commodity backing it such as gold or silver and has no intrinsic value of its own.
It is instead backed by the full faith and credit of the government of the country that produces it. For instance, the US dollar is backed by the full faith and credit of the US government.
The marketing philosophy that could most help a company outperform its competitors in today's marketplace is Market Orientation.
<h3>What is
Market Orientation?</h3>
Market orientation can be described as the approach to business which help in the prioritizing as well as identifying the needs as well as the desires of consumers and brought about the products and services that satisfy them.
Therefore, The marketing philosophy that could most help a company outperform its competitors in today's marketplace is Market Orientation.
Learn more about Market Orientation at:
brainly.com/question/25754149
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