Answer:
B. neither a competitive firm nor a monopolistically competitive firm charges a markup over marginal cost.
Explanation:
Marginal cost is the price added by producing an additional unit of a good. At a long-run equilibrium condition, two or more monopolistically competitive firm's economic profits are zero, therefore any new firm venturing into the market has no incentive. Thus, neither a competitive firm nor a monopolistically competitive firm charges a markup over marginal cost.
Based on the amount that Savion would have to spend additionally, he should sell the car now because he would make more profit.
<h3>Why should Savion sell the car now?</h3><h3 />
If Savio makes additional work on the car, the profit would be:
= 5,800 - 2,400
= $3,400
This is as opposed to the $3,800 he could make from selling the car at $3,800 so the best thing to do is to sell the car.
Find out more questions on incremental costs at brainly.com/question/15279458.
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Answer:
Primary care physicians are responsible for diagnosis and treatment.
- true
Explanation:
Answer:
The net differential decrease in cost for the entire three years is $8750
Explanation:
The benefits from purchasing the new machine includes the receipt of $6,250 salvage value as well as the reduction in variable manufacturing costs by $23,750 for 3 years ($43,750-$20,000).
Also,additional cost needed to acquire the new machine is the purchase price of $68,750,hence the net benefits overall is shown below:
Salvage value $6,250
cost savings($23,750*3) $7,1250
Total benefits $77,500
costs ($68,750)
net benefits $8,750
We went for a drive, 2:30 in the morning
I kissed you, it was pouring
We held each other tight before the night was over
You looked over your shoulder
Oh, I was doing fine
You said, "Remember that night?
Remember that night?"
Oh, I was doing fine
You said, "Remember that night?
Remember that night?"