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Agata [3.3K]
3 years ago
5

Explain why a firm might want to continue operating and producing goods even after diminishing marginal returns have set in and

marginal cost is rising.
Business
1 answer:
ad-work [718]3 years ago
5 0

Answer:

Explanation:

Overall in a scenario such as this one, a firm may continue operating and producing goods if they believe demand may go back up and result in higher returns or if they expect the tastes of consumers to change in the near future. Both of these will in term cause the market sentiment surrounding the firm's product to change and begin seeing more profitable times. Otherwise, a firm would cut their loses and stop operating and producing goods.

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Which type of comprehension focuses on who, what, where,when,why
choli [55]

Answer:

Literal Comprehension

5 0
3 years ago
Which of these does NOT describe a friction that might prevent firms from choosing the optimal level of capital? A. Making too b
tekilochka [14]

Answer:

<u> C. The firm likes its workers and doesn’t want to replace some jobs with machinery.</u>

Explanation:

Optimal level of capital simply refers to an ideal strategy used by a firm to raise capital. For example, a firm may decide between debt financing or equity financing, depending on the company's desired level of capital.

So, an already operational firm with that likes its workers and doesn’t want to replace some jobs with machinery has no direct relationship with its level of capital.

8 0
4 years ago
Most state legislators are ________. Group of answer choices from the most popular families in the state more educated than the
taurus [48]

Answer:

Typical of a cross section of the population

Explanation:

Each state in the U.S have state legislators who are elected by the citizens of the states who are eligible to vote therefore most state legislators are a typical cross section of the population in the state that they are serving as  a legislator in the state legislative arm of Government.

The state legislature helps in approving the budget, initiating impeachment processes and also deliberate issues brought to it by the Governor. the legislature initiates tax legislation in the states hence one can say the most state legislators represents the cross section of the population.

8 0
4 years ago
Aaron is being introduced to his new workplace and coworkers. His boss tells him the names of people and departments, but she sa
Ipatiy [6.2K]

Answer: An Intuitive communication style

Explanation: Those that use the intuitive communication style prefer a more casual, common-sense based approach to communicating ideas. They want to understand the big-picture concepts and aren’t interested in getting too bogged down in the details of the idea. In many ways, intuitive communicators are the opposite of analytical communicators, who prefer to have all of the relevant details on hand when making a decision.

5 0
3 years ago
When diversified firms use the revenues from profitable businesses to subsidize the operations of another business and then set
Over [174]

Answer:

<u>Predatory</u>.

Explanation:

This predatory pricing strategy is used when a company aims to create entry barriers for new competitors, significantly lower the price to gain new customers and drive competitors away. The cons of this strategy is that in addition to being illegal, lost revenue is not always recovered, and there are other factors that drive competitors away, not just price.

7 0
3 years ago
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