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saul85 [17]
3 years ago
10

A profit firm in a competitive industry should ________ when marginal costs are falling.

Business
1 answer:
lora16 [44]3 years ago
3 0

Answer:

C) Raise output until marginal costs are equal to marginal revenue

Explanation:

According to my research on Macro Economics and Business Structures, I can say that the best thing to do when marginal costs are falling would be to Raise output until marginal costs are equal to marginal revenue. This is because you are able to produce the same amount of product for less value as marginal costs fall.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Demand is projected to be 600 units for the first half of the year and 900 units for the second half. The monthly holding cost i
Sedaia [141]

Answer:

74 units and 90 units.

Explanation:

So, we have the demand for the first six months, K1 = 600 units = 600 units/ 6months = 100 units; the demand for the second six months, K2 = 900 units = 900/6 = 150 units; holding cost,J = $2 per unit ; process cost, P = $55 per order.

The formula for determining an order size that will minimize the sum of ordering and carrying costs for each of the six-month periods is the Economic Order Quantity formula which is given below;

Economic Order Quantity = √[ (2 × K1 × P)/ J ].

(1). For the first six months;

Economic Order Quantity = √ [ ( 2 × 100 × 55)/ 2].

Economic Order Quantity = 74 units.

(2). For the second six months.

Economic Order Quantity = √ [ ( 2 × 150 × 55)/ 2].

Economic Order Quantity = 90 units.

4 0
4 years ago
An effective marketing mix for the services industry is the _____.
Tanya [424]

An effective marketing mix, which is suitable for the services industry, is the seven P's.

<h3>What is a marketing mix?</h3>

A strategy of different mixes of external and internal factors used by a firm for the purpose of achieving its organizational goals, intended to increase the sales, is known as a marketing mix.

Hence, option B holds true regarding a marketing mix.

Learn more about a marketing mix here:

brainly.com/question/14591993

#SPJ1

6 0
2 years ago
When the price of fuel approached $4/gallon before and during the recession, and college students could buy fewer pizzas because
Sati [7]

Answer:

Option C The income Effect

Explanation:

Student has inelastic demand for gasoline as the increase in the price of gas does not change the consumption of gas instead it decreases the consumption of pizza as the consumer has less relative income so spend less on the pizza and sped more on the gasoline.

5 0
3 years ago
You should induce vomiting in a child you suspect has been poisoned ONLY when
Mumz [18]

Answer:

The correct answer is the option: False.

Explanation:

To begin with, when it comes to terms of helping someone and moreover saving someone's live it is absolutely necessary to always act in order to make sure that everything that was possible to do was done, so therefore that it is understandable that in a case where a child has been poisoned with something then the person closer must know that he could induce vomiting by putting the finger into the throat, gently, so that the body will automatically try to throw up. Otherwise if the person might have not been instructed by the poison center expert and the kid is posible to pass out then the situation can get worse if the person does not do something.

8 0
3 years ago
Assume that the required reserve ratio is set at 0.125 . What is the value of the money (deposit) multiplier
qwelly [4]

Answer:

8

Explanation:

the money multiplier = 1 / required reserve ratio = 1 / 0.125 = 8

The money multiplier refers to the capacity of the banking system to "create" money, e.g. John deposits $1,000 dollars in bank A. Then bank A lends $875 to Frank which buys a bike from Sarah. Then Sarah deposits the $875 in bank B, which in turn borrows $765.63 to Anne. Anne pays her rent to Adam, who deposits the money in bank C and then bank C lends $669.92 to Joe, and ...

5 0
3 years ago
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