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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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In 2019, Winn, Inc. issued $1 par common stock for $35 per share. No other common stock transactions occurred until July 31, 202

Vadim26 [7]

Answer:

b. Additional paid-in capital is decreased

Explanation:

The entry to record acquisition and retirement is:

Debit Credit

Common stock $1

Paid-in capital—excess of par $34

Paid-in capital—share repurchase $5

Cash $30

Conclusion: Additional paid-in capital is decreased.

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3 years ago

The Cheese Factory incurred the following costs related to acquiring a new piece of equipment: Cost of the equipment $ 50,000 Sa

kakasveta [241]

Answer:

The multiple choices missing from the question are:

a. $60,000.

b. $50,000.

c. $57,000.

d. $59,000.

Option D,$59000 is correct

Explanation:

The recorded cost of the equipment is made of purchase cost,the sales tax since it is not recoverable,shipping cost as well as the installation cost.

The recorded cost is computed thus:

Purchase price $50,000

sales tax $4,000

shipping $3,000

installation $2,000

total cost $59,000

The rationale for including shipping and installation costs is that asset cost should include cost of bringing the asset to current location(shipping) and condition(installation)

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3 years ago

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Charlie wants to register a name for his company. He wants a name that is specific to the company and makes the company easily i

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Answer:

The name of the company isLaunch Business As

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3 years ago

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At its current output level, Pretty Flowers Florist has average fixed costs equal to $5.40 and average variable costs equal to $

lapo4ka [179]

Answer:

The correct option is D: $8.60

Explanation:

Average fixed cost of Pretty Flowers = $5.40

Average variable costs of Pretty Flowers = $3.20

We are asked to calculate the Average total cost of Pretty Flowers at this current level

Hence:

Average total cost Pretty Flowers = Average fixed cost of Pretty Flowers + Average variable costs of Pretty Flowers

If we substitute the value of these variables in the equation, we get:

Average total cost Pretty Flowers = $5.40 + $3.20 = $8.60

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4 years ago

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Why is knowledge of the key success factors in an industry important?

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Distinguish how companies whose profits reflect growth in your industry are able to structure their business to cope with changes in customer needs. ... Assess your strategic objectives and your business activities to ensure that they align with achievement of your key success factors.

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3 years ago