Answer: any price above Zero
Explanation: let us first calculate average variable cost (AVC) = VC/Q
The firm should produce where price is equal to marginal cost so that 14 = 4 + Q
Make Q the subject of formula
Q = 10
Subtitle Q in AVC and MC
AVC = 4+0.5Q = 4 + 0.5 × 10 = $9
MC = 4 + 10 = $ 14
The firm will sell its output at any price above zero in the short run, because marginal cost is above
average variable cost. for all positive prices. Profit is negative if
price is just above zero.
Answer:
d. Conservation
Explanation:
Piaget test for conservation focuses on The ability to understand that quantity remains the same even when appearance changes.
Piaget tested three types of conservation;
1. Number
2. Volume
3. Mass
The theory can be described as with this;
Piaget used children under the age of 7 and went ahead to show them 2 identical rows of six counters. These children. identified that there were an equal number of counters in each one. Then, one row was pushed together and these children was asked which had more. These children responded saying that there were fewer counters in the shorter row.
Answer:
Customer value.
Explanation:
Customer value is associated with the kind of gratification or value that a customer gains or experiences after communicating with a firm or company for purchase or sale of a product or service.
As per the question, the distinct combination of advantages that the users receive from 3M's flag highlighter like durability and convenience exemplify 'customer value'(gratification) that the users/customers experience in return for the amount they pay for the service from the company. Therefore, <u>'customer value'</u> is the answer.
Answer:
because it helped with transportation and trade
Explanation:
