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3 years ago

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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Suppose a basket of goods and services has been selected to calculate the CPI and 2012 has been selected as the base year. In 20

jek_recluse [69]

Answer:

a. 116.9 and the inflation rate was 16.9%

Explanation:

Definition

Consumer Price Index (CPI) is a statistical measure that is constructed using a weighted average market basket of consumer goods and services produced by a household.

CPI = (Cost of market basket ₓ / Cost of market basket ₓ₁) * 100

where x = present year(2014) and x1 = base year(2012)

CPI = (90/77) * 100

CPI = 116.88

CPI = 116.9 (to 1 decimal place)

Inflation =Current year basket cost - Base year basket cost * 100

Base year basket cost

Inflation = 90-77 * 100

Inflation = 16.88

Inflation = 16.9% ( to 1 decimal place)

7 0

3 years ago

Today, you have two coins each of which is valued at $100. One coin is expected to appreciate by 5.2 percent annually while the

ziro4ka [17]

Answer:

=$337.43

Explanation:

The value of each of the coins after 50 years is the future value after 50 years at their respective interest rate.

The formula for future value is FV = PV × (1+r)n

For the first coin at 5.2 percent,

Fv = 100 x ( 1 + 5.2/100 ) 50

Fv =100 x (1+ 0.052) 50

Fv = 100 x 12. 61208795

Fv = $1,261. 21

For the second coin at 5.7 percent,

Fv = 100 x (1 + 5.7 /100)50

Fv =100 x (1 + 0.057 )50

Fv = 100 x 15.98

Fv = 1, 598. 64

the difference in value will be

=$1598.64 - $1,261.21

=$337.43

6 0

3 years ago

Bonita Realty Management Co. received a check for $32,400 on August 1, which represents a one year advance payment of rent on an

ludmilkaskok [199]

Answer:

Explanation:

The adjusted journal entry is shown below:

Unearned rent revenue A/c Dr

To Rent revenue A/c

(Being the adjusted entry of rent is recorded)

The computation of the rent revenue is shown below:

= Received amount × number of months ÷ (total number of months in a year)

= $32,400 × (5 months ÷ 12 months)

= $13,500

The 5 months is calculated from August 1 to December 31

3 0

3 years ago

Sue and Neal are twins. Sue invests $5,000 at 7 percent when she is 25 years old. Neal invests $5,000 at 7 percent when he is 30

dolphi86 [110]

Answer:

Sue will have more money than Neal as long as they retire at the same time

Explanation:

Both Neal and Sue invest the same amount ($5,000) at same interest rate (7%). In the compound interest rate formula only the time is differ. When they retire at age 60, Sue has 5 years more than Neal meaning Sue earn more interest than Neal.

3 0

3 years ago

A u.s. consumer electronics company has to shut down because it cannot compete against foreign manufacturers. for the united sta

liq [111]

This is an example of a cost of international trade. This can make it so that some domestic businesses lose their market share to foreign companies. This can create less profits for the company and made it so that it is difficult to create jobs.

8 0

3 years ago