For the perfectly competitive broccoli producers in California, the firms' demand curve for broccoli is A HORIZONTAL LINE WHICH IS EQUAL TO THE EQUILIBRIUM PRICE OF THE ENTIRE MARKET.
In a perfectly competitive market, the demand curve for the market and the demand curve for the firm are different from each other. The market demand curve slopes downward while the firm's demand curve is a horizontal line.
Answer:
$29.50
Explanation:
The computation of the contribution margin per unit is shown below:
Contribution margin per unit = Selling price per unit - Variable cost per unit
where,
Selling price per unit is $50
And, the variable cost per unit = $24 - $3.5 = $20.5
Now put these values to the above formula
So, the value would equal to
= $50 - $20.5
= $29.50 per unit
How does job satisfaction positively affect job performance?
by increasing continuance commitment
The answer you are looking for is
Global economy
The minimum price that this order could be offered is at cost. Since there are no cost figures in this question, this is the best answer I can give.
You would need to at least sell the item for the amount of money it cost you to make, assemble, and ship the product.
