Answer: Reduce output
Explanation:
According to the given question, the barrel O' Biscuits is one of the type of perfectly competitive organization in which its overall marginal cost increasing the company's marginal revenue.
For maximizing the profit of an organization then we should reduce the output as in the perfect competition the company majorly affected the output only and for shift the overall marginal cost of the company we reducing the output.
Therefore, Reduce output is the correct answer.
The decrease in demand would be illustrated by a change from A to C.
<h3>What will be the change?</h3>
The demand curve is a downward sloping curve that shows the relationship between price and the quantity demanded. There is a negative relationship between price and quantity demanded.
A change in demand is caused by other factors other than the price of the good. Other factors include a change in income, a change in consumer taste or a change in the price of substitute goods.
When there is a change in demand, the demand curve would shift either to the right or to the left. When demand decreases, the demand curve would shift to the left. When demand increases, the demand curve would shift to the right.
Since, the demand for donuts have decreased, the demand curve would shift to the left. This would be a shift from A to C.
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Answer:
Explanation:
For computing the demand for each sale, first we have to compute the average sale for each season which is show below:
Average sale in fall = (240 + 260) ÷ 2 = 250
Average sale in winter = (340 + 300) ÷ 2 = 320
Average sale in spring = (140 + 160) ÷ 2 = 150
Average sale in summer = (320 + 240) ÷ 2 = 280
Demand for next fall = (250 ÷ 1,000) × 1,200 = 300
Demand for next winter = (320 ÷ 1,000) × 1,200 = 384
Demand for next spring = (150 ÷ 1,000) × 1,200 = 180
Demand for next summer = 1,200 - (300+384+180) = 336
The sub-treasury plan, the federal government would hold crops in public warehouses and issue loans on their value until they could be profitably sold.
<h3>Why did Farmers face an increasing debt load in the late 1800s?</h3>
They were caught between increased costs and falling prices.
<h3>
Why did the Grange movement focus on reducing prices that railroads and grain elevators charged? </h3>
Farmers relied on railroads and grain elevators but were forced to pay higher than usual rates.
<h3>
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