A firm maximizes its profitability when it<u> "configures its internal operations to support the position selected by it on the efficiency frontier".</u>
In economics, profit maximization is the short run or long run process by which a firm may decide the value, information, and yield levels that prompt the best benefit.
The general guideline is that the firm maximizes profit by delivering that amount of yield where negligible income breaks even with peripheral expense. The profit maximization issue can likewise be drawn closer from the information side.
Answer:
Exporting
Explanation:
Exporting
Exporting is the method for entering into the global market by selling products which are domestically produced and traded to the foreign countries . Counter trade is also a part of exporting where one firm agrees on selling a product in counter of receiving another product from the buying firm.
Here, Jerzy is considering the use of counter trade, where he would send his shoes designed and produced domestically to Spain in return for high-quality Spanish cowhides.
Hence , Jerzy is exporting .
Answer:
It will be a mistake as there are good and services which are intermediate or used in the process to produce another products therefore, there will be som wich are count twice or more.
The correct way to calcualte the Gross Domestic Product will be to measurethe<u> finishing goods and services </u>purchased to avoid this problem with intermediate goods.
Explanation:
Answer:
option (d) $200.00
Explanation:
Average total cost for 100 pairs = $2.50
Marginal cost for every pair = $10.00
Now,
Total cost = Fixed cost + Variable cost
or
Fixed cost = Total cost - variable cost
or
Fixed cost = (Average total cost × 100) - (Marginal cost × 100)
= ($2.5 × 100) - ($1 × 100)
= $250 - $100
= $150
thus,
Total cost to produce 50 pairs of oven gloves
= fixed cost + variable cost
= $150 + (50 × $1)
= $150 + $50
= $200
Hence,
option (d) $200.00
The answer is B because if you times 2468 by 6 and you take away the 5% of discount you get ur answer
