Answer:
Monopolistic
Explanation:
The type of competition that occurs in a competitive market without identical producers is a monopolistic one.
If the average cost of producing 9 sweaters is $6. 50 and the marginal cost of producing the tenth sweater is $6. 25, the average cost of producing 10 sweaters will be less than $6.50
If marginal cost is less than average cost, average cost will decrease and therefore be less than $6.50. In this case, average cost of producing 10 sweaters is ($6.50 x 9 + $6.25)/10 = $6.48.
The marginal cost is the variation in total cost brought on by an increase in output, or the cost of producing more. In certain contexts, it might refer to an increase in output of one unit, while in others, it can relate to the rate of change of total cost as output grows by a modest amount.
The total cost is expressed in dollars, whereas the marginal cost is expressed in dollars per unit. The marginal cost is the slope of the total cost, or the rate at which it increases with production.
Marginal cost is the distinction between average cost, which is the total cost divided by the number of units produced.
To learn more about Marginal Cost here
brainly.com/question/7781429
#SPJ4
There are several ways to earn money and start building job experience while in college. One of the most common is an internship, where you work at a company under supervision of a mentor/intern coordinator, get paid, and often earn college credit. Another way would be to look for a part time or entry-level job in the field you are studying. Many college campuses have a career resource office designed to help students search for and gain relevant employment.
Answer:
Answer is Option A: do nothing, as PMSIs are automatically perfected.
Explanation:
PMSI stands for Purchase-Money Security Interest which is a legal claim that a lender can do to repossess the property financed with its loan. He may also demand repayment in cash in case the borrower defaults. But in case of consumer goods, PMSI in consumer goods is not required to be filled because it is automatically perfected without filling.
In the given scenario when a refrigerator is bought and the store create PMSI in the refrigerator so that Sung can pay it over time, they have to do nothing do get PMSI perfected.
