The profit-maximizing choice for a perfectly competitive firm will occur at the level of output where marginal revenue is equal to marginal cost—that is, where MR = MC. This occurs at Q = 80 in the figure.
Marginal revenue is the increase in revenue that results from the sale of one additional unit of output.
While marginal revenue can remain constant over a certain level of output, it follows from the law of diminishing returns and will eventually slow down as the output level increases.
<h3>How do u calculate marginal revenue?</h3>
To calculate marginal revenue, you take the total change in revenue and then divide that by the change in the number of units sold.
The marginal revenue formula is: marginal revenue = change in total revenue/change in output.
Learn more about marginal revenue here:
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Answer:
The correct answer is letter "C": You rightly expect only the best quality from the Yuma brand, and this is why we will gladly provide you with a brand-new gym bag that features our trademarked.
Explanation:
Adjustment letters are the replies merchants or sevice providers send to their customers after claims. The document includes the investigation made of the consumers' particular case and what the course of action will be to solve the problem acccording to the terms and conditions of the good purchased or the service rendered.
If adjustment letters have <em>positive outcomes </em>for the consumer should provide the news at the openning. If <em>negative</em>, it is better to explain the reasons of the denial first and state the result at the end. Then, an example of a good opening for an adjustment letter would be:
<em>"You rightly expect only the best quality from the Yuma brand, and this is why we will gladly provide you with a brand-new gym bag that features our trademarked".</em>
The correct answer for the question that is being presented above is this one: "a) $11." The costs of production of a perfectly competitive soybean farmer are given in the table. The shut-down price for this firm is $11.
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The correct answer for the question that is being presented above is this one: "</span>a) establishing control over diamond mines." De Beers became a monopoly by <span>establishing control over diamond mines</span>
Answer:
d. Opportunistic planners
Explanation:
Opportunistic planners -
These refers to the people , who tries to take the advantage of the situation , is referred to as an Opportunistic planners .
These people are the smartest of all , which the maximum patience , to wait and target at the perfect time to achieve their goal .
Hence , from the given information of the question,
The correct option is d. Opportunistic planners .
Answer:
present value = $848.29
so correct option is c) $848
Explanation:
given data
bond sold = $100 million
time = 6 year
future value = $1,000 par value
original maturity = 20 years
years to maturity left = 14 years
annual coupon rate = 11.5%
require return = 14%
to find out
what price would you pay today for a James bond
solution
we get here first interest amount that is
interest = future value × annual coupon rate × 0.5
interest = 1000 × 11.5% × 0.5
interest = $57.50
and rate =
rate = 7%
now we find present value by
PV(Rate,nper, pmt, FV)
PV ( 7%, 28, 57.50,1000)
present value = $848.29
so correct option is c) $848