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White raven [17]
3 years ago
11

The perfectly competitive firm produces that quantity at which a.marginal revenue is greater than marginal cost. b.the largest g

ap exists between price and marginal cost. c.marginal cost equals marginal revenue. d.marginal cost is falling. e.b and d
Business
1 answer:
Katena32 [7]3 years ago
4 0

Answer:

Option (c) is correct.

Explanation:

The perfectly competitive firm produces at a point where the marginal revenue is equal to the marginal cost because it the profit maximizing point for the competitive firms. Under the perfectly competitive market conditions, the price is determined by the two forces: demand and supply of the goods.

The firms under this market condition, faces a perfectly elastic demand curve which implies that the buyers are free to buy any quantity of goods.

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igomit [66]
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2 years ago
Has any questions or problems.
bearhunter [10]

Answer:

Customer relationship management (CRM).

Explanation:

CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction. Therefore, these employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.

This ultimately implies that, customer relationship is focused on developing an ongoing connection between a business firm (organization) and all of its customers, as well as potential customers. The fundamentals of customer relationship is based on improving marketing communications, sales support, technical assistance and customer service so as to bring satisfaction to the customers.

Hence, the degree of satisfaction received by customers throughout their lifecycle is largely dependent on customer relationship management.

5 0
2 years ago
When weighing your employment options, consider _____. employee benefits pay period taxes taxable income
kkurt [141]
When weighing your employment options, these are very important to consider:
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Thus, all of these are very important to consider before accepting the job offer.
7 0
3 years ago
Read 2 more answers
Which of the following would not involve a capital-budgeting analysis?
JulijaS [17]

Answer:

The correct answer is B. The adoption of a new cost driver for overhead application.  

Explanation:

This option is chosen because it is not directly related to organizational capital, or the production of goods or the provision of services. Otherwise it happens with options A and C, which does merit an analysis of the capital budget.

Option B is only taken into account in the analysis of the sales budget or production costs.

7 0
2 years ago
after the federal reserve buys bonds, the interest rate changes and aggregate expenditures change, the following will most likel
PIT_PIT [208]

The next thing to occur would be B. the price level in the economy will rise and the money demand will decrease

<h3>What is Interest Rate? </h3>

This refers to the amount of money that is added to be paid back on the settlement of a loan.

Hence, we can see that after the federal reserve buys bonds, the interest rate changes and aggregate expenditures change, thus will cause the price level in the economy will rise and the money demand will decrease

Read more about bonds here:

brainly.com/question/25965295

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6 0
1 year ago
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