Answer:
The overview of the given statement is described in the explanation segment below.
Explanation:
<u>Monopoly Market:
</u>
-
The demand curve or market price towards the firm was indeed sloping downhill. MR is also below P and AR.
- Therefore, when earnings are maximized, whereby MR = MC has been used. Price is therefore above MR (Marginal Revenue).
<u>Perfectly Competitive Market:
</u>
- The price shall be calculated whenever market forces are equivalent.
- The firm seems to be the fixed price and therefore the individual company market price becomes horizontal.
Thus,
⇒
Hence,
⇒
Answer:
The answer is opportunity cost
Explanation:
Opportunity cost is the cost of an alternative forgone action. The cost of an action not taken. For example, Mr A had the chance to choose between job X and job Y, if he chooses job X, the salary that job Y will pay if he had chosen them will be the opportunity cost.
Therefore, the amount of income that would result from an alternative use of cash is the OPPORTUNITY COST.
Answer:
i hope this is what you are looking for
Social Security number.
Income.
Date of birth.
Security questions.
Contact information.
A promise to tell the truth.
Agreement to terms and conditions.
Authorized users.
Answer:
The answer is $3,237billions
Explanation:
Gross Domestic Product is the market value of all final goods and services produced within a country during a given period of time usually a year.
The formula is:
G + I + C + (X-M)
where G is government expenditure or purchases
I is private domestic investment
C is personal consumption expenditure
X is export
M is imports.
Therefore, GDP is
$470 + $320 + $2,460 + ($22-$35)
$3,250 - $13
$3,237billions.
Answer:
The correct answer is A. Serve the appropriate number of shooters to customers
Explanation:
by this way, there won't be any inappropriate incident in the bar or the surrounding area and the word of mouth will go around stating that this bar is a responsible that is concerned about the customers. Eventually, they will have more customers and an increased loyalty and respect among the existing customers.