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Verdich [7]
3 years ago
15

Assume that marginal revenue equals rising marginal cost at 100 units of output.

Business
1 answer:
Digiron [165]3 years ago
5 0

Answer:

b) -$700.

Explanation:

The economic profit or loss will be:

economic result = revenue - total cost

<u>Where:</u>

fixed cost + variable cost = total cost

400 + 600 = 1,000

revenue = units x selling price per unit

100 units x $3 = $300

economic result = revenue - total cost = 300 - 1,000 = -700

The company is on the optimal level, marginal revenue = marginal cost at 100 units of output.

But, it is not selling at the correct price. It should sale at a higher price.

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Answer:

030

Explanation:

030

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2 years ago
A problem in developing effective compensation for teams is that: Multiple choice question. rewarding individuals erodes cohesiv
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A problem in developing effective compensation for teams is that rewarding individuals erodes cohesiveness. Thus the first option is correct.

<h3>What is Cohesiveness?</h3>

Cohesiveness refers to the act or the property of togetherness. in the group , cohesiveness can be seen when the group performs the activity. It is important to have cohesiveness in every group for the accomplishment of the task.

When a individual in a group is provided a compensation it leads to dispute and chaos which erodes the cohesiveness of the group. Thus the first option is correct.

Learn more about Cohesiveness here:

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5 0
2 years ago
When faced with a business problem, Lauren, a young shoe store owner, discusses business problems with Kurt, the assistant manag
Stells [14]

Answer and Explanation:

D. evidence-based

3 0
3 years ago
Vernon is a cash basis taxpayer with a calendar tax year. on october 1, 2016, vernon entered into a lease to rent a building for
tester [92]

Answer:

$9,000

Explanation:

Vernon can only deduct the actual lease expenses incurred during 2016, and that is only three months: October, November and December.

= 3 months x $3,000 per month = $9,000

This logic applies to every expense that is paid in advance, you can only deduct payments that apply for the current tax year.

8 0
3 years ago
A new sports car sells for $40,000. The value of the car decreases by 12% annually. After how many years will it be worth half o
Marysya12 [62]

Answer:

n= 6.11 years

Explanation:

Giving the following information:

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Future value= $20,000

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<u>To calculate the number of years for the car to reach a value of $20,000; we need to use the following formula:</u>

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n= ln(20,000/40,000) / ln(1.12)

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8 0
3 years ago
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