The answer is C
i know this one
The correct answer is A.
A company that seeks profit maximization in a competitive market needs to fulfill the following condition:
<em>price = marginal cost </em>
- The marginal cost refers to the cost endured when producing one extra unit
- In a competitive market firms are price takers, hence the price equals the average revenue and the marginal revenue as well.
- When deciding the amount to be produced, firms need to use the equality : marginal revenue = marginal cost, which in a competitive environment is translated into: price = marginal cost
In the present example, the firm could only add an extra worker if the increased marginal cost (13) was not exceeding the price (12). As this increase in fact occurs, it is better that the company stays with nine employees.
Collectivism involves putting personal goals ahead of group goals and defining one's identity in terms of personal attributes rather than group memberships.
Collectivism refers to a worldview wherein social behavior is guided in large part by means of dreams which might be shared by a collective, together with an own family, tribe, paintings group, or political or non secular association. Interdependence and organizational team spirit are valued.
The beauty of collectivism is that the institution grows and advantages due to the man or woman's sacrifice. The downside of collectivism is that the individual regularly quells his or her own interests, and does no longer understand his or her complete personal capability.
Collectivist cultures emphasize the needs and dreams of the organization as an entire over the needs and goals of every character. In such cultures, relationships with other individuals in the organization and the interconnectedness among human beings play a primary role in everyone's identification.
Learn more about Collectivism here:brainly.com/question/25260768
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Answer:
E) marginal; marginal
Explanation:
The diamond-water paradox is also known as the "paradox of value".
In this paradox it is argued that water which is an essential thing for human survival and is so important to human, is offered no value in the market. Whereas diamond which is just a precious stone and is not an essential thing in human's life is valued so much and has great value in the market than water.
So the diamond-water paradox provides the solution that those things having high values in usage have low prices in the market because they are consumed at low marginal utility. And those things which have low value in usage sometimes have high prices in the market because they are consumed at high marginal utility.
Hence he answer is
E) marginal; marginal
The answer would be c hope it helps
