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sergey [27]
4 years ago
15

Which of the following statements is not correct?

Business
1 answer:
Korvikt [17]4 years ago
8 0

Answer:

B) To maximize profit, firms should produce at a level of output where price equals average variable cost

Explanation:

Firms maximize their profit by equating Marginal revenue with The Marginal cost. So, since for perfectly competitive firms, the price equals the Marginal revenue, for these firms profit is maximized by equating Price with Marginal cost not the  average variable cost.

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Suppose that a pure monopolist can sell 20 units of output at $10 per unit and 21 units at $9.75 per unit. the marginal revenue
andreyandreev [35.5K]
Marginal revenue is defined as the amount that you gained after selling all your units at a certain price. Revenue is different from profit, because profit has to incorporate the expenses incurred in order to produce the product. For total revenue, that would just represent the total sales of a firm or company. However, marginal revenue is the additional cost a consumer has to pay when he acquires an additional unit of the product. Thus, marginal revenue is the change of sales per unit product.

Marginal Revenue = ΔRevenue/ΔNumber of units
Marginal Revenue = [21($9.75) - 20($10)]/(21-20)
Marginal Revenue = $4.75 per unit
7 0
3 years ago
Matt, a blind man in his early twenties, was recently hired as a DJ at a local radio station in Orlando. He was given permission
dybincka [34]

Answer:

Option (C) Reasonable Accommodation

Explanation:

A reasonable accommodation is assistance or changes to a position or workplace that will enable an employee to do his or her job despite having a disability. Under the Americans with Disabilities Act, employers are required to provide reasonable accommodations to qualified employees with disabilities, unless doing so would pose an undue hardship.

7 0
4 years ago
Read 2 more answers
Some union agreements state that current employees must be informed of upcoming new openings. This practice is called job?
Elan Coil [88]

Some union agreements state that current employees must be informed of upcoming new openings. This practice is called internal job posting or just posting.

When company gets new vacancy first they should give opportunity to internal employees rather than going external. Giving opportunity to current employees increases their motivational level. This also sends a positive message to employees that company thinks of their growth and career advancement and they work for the organization more seriously.

This process also helps company by saving it's time and cost as posting can be done easier because employees can be found within the firm and employer can get right feedback of the employee plus it provides short learning curve.

Read more about employer on brainly:-

brainly.com/question/1361941

#SPJ4

5 0
2 years ago
In a certain year, the aggregate amount demanded at the existing price level consists of $100 billion of consumption, $40 billio
Masteriza [31]

Answer:

The correct answer is A. increase tax rates and/or reduce government spending.

Explanation:

Increasing the tax burden is an easy way for the state to increase its income temporarily and subject matter, but it turns out that increasing the tax burden affects productivity and consumption, so in the end the income of the productive sector is diminished, and more taxes on a lower taxable base does not imply increasing revenues.

When a government decides to reduce public spending for a fiscal balance, it is limited to reducing the social assistance and social security, but not to reduce the bureaucratic apparatus that curiously is usually high in countries with economic crisis, and also Be a source of corruption corruption.

7 0
4 years ago
________ conflict occurs when an individual perceives incompatible demands from others.
Vikentia [17]
External is the conflict
5 0
3 years ago
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