Answer:
In a market economy, the price mechanism is indeed the primary coordinator of the decisions of buyers and sellers, because the price for goods and services adjust to an equilibrium point, where demand and supply are equal.
However, the public sector still has two important functions in this enviroment:
- Correcting market failures - a market failure is a situation in which the market does not produce a good outcome. An example of market failure is pollution. Market failures can be corrected by government intervention, for example, by setting anti-pollution regulations.
- Providing public goods - some public goods are not provided by the private sector because they are not profitable. The public sector can therefore step in and provide this type of goods.
If a newly hired person is employed by a broker-dealer and will be offering mutual fund shares, she can become FINRA registered by passing the SIE Exam and the Series 6 Exam.
<h3>What are the requisite for being
FINRA registered?</h3>
In order to become properly registered or qualified in FINRA, the newly hired person must pass the SIE Exam and the appropriate FINRA licensing exam.
In practice, in order to be able to offer mutual funds, a person must pass either the Series 6 or Series 7 Exam plus the SIE Exam. The Series 63 is a state exam, not a FINRA exam.
Read more about FINRA
brainly.com/question/17395922
#SPJ1
The marginal revenue of the 11th unit would be $10. Option A is correct.
<h3>What is the marginal revenue?</h3>
The increase in income that occurs from the sale of one more unit of production is referred to as marginal revenue. While marginal income can remain constant over a given amount of output, the law of diminishing returns dictates that it will ultimately slow down as output level grows.
<u>Formula</u>:
.........................................(1)
Where,
n = Output Produced.
MR = Marginal Revenue
TR = Total Revenue
Computation of marginal revenue of the 11th units:
It is assumed that the company can sell 10 units for $21 each. As a result, the total income from the sale of ten units is $210. However, if the price is reduced to $20, it may sell 11 units. As a result, the total income generated from the sale of 11 units is $220.
By applying the values in formula (1),
$220 – $210 = $10.
Therefore, option A is correct.
Learn more about the marginal revenue, refer to:
brainly.com/question/13383966
#SPJ1
Answer:
Explanation:
A monopolist is out for to profit-maximize price and in doing he will never set a price at which the (linear) demand curve is inelastic.
Consequently, the revenue would increase and the total costs would decrease at a lower quantity.
Hence, a monopoly firm would have higher revenue and lower costs, so that the profit will be higher.
So, the firm should keep on raising its price until profits are maximized. This happens on an elastic portion of the demand curve.
On the demand curve ,
When Marginal Revenue = Marginal Cost Profit is maximized at the output level where .
Marginal Cost is positive (MC>0), the profit-maximizing output proofs to be associated with the elastic portion of the demand curve.
Exploring the relationship between Total Revenue and Price.
As Price increases, Total Revenue increases WHEN demand is inelastic.
If Price decreases, Total Revenue increases, WHEN demand is elastic
Total Revenue is maximized when demand is unit-elastic.
Answer:
d. HRM metrics must be mapped to business goals
Explanation:
In the case when you are looking to various reports that involved the HRM metrics and you are overwhelmed by all the given information so after that you remember the key statement related to HRM metrics is that it would be mapped with the goals and objectives of the business
Therefore as per the given situation the option d is correct
And the rest of the options are wrong