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Semmy [17]
3 years ago
9

generally speaking, if a firm faces decreasing average total costs of production throughout its entire range of output, then

Business
1 answer:
mash [69]3 years ago
7 0

Answer:

C) the firm is a natural monopoly

Explanation:

In the case of the natural monopoly it has no competitors and in this the monopoly could earned more profit and also at the same time it reduced the average total cost because the output is rises because the monopoly enjoyed the benefit of having the unique product in which no other competitor is dealing with

So as per the given situation, the option c is correct

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Drafi Arts Corp. makes and sells original handicraft products. The management of the company has been successfully using a niche
Lerok [7]

Answer:

It only serves a limited geographic market.

Explanation:

In this regard, it can be said that the company Drafi Arts Corp serves a limited geographic market, because it is a company that has been using a successful niche market strategy for years, which means that it manages to meet a demand for handicrafts from location, which sets up its strategy to serve a specific market.

4 0
3 years ago
You can have your cake or chose to eat it
Oksi-84 [34.3K]

Answer:

Exclude people from your property

4 0
3 years ago
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Kate is an accrual basis, calendar-year taxpayer. On November 1, 2019, Kate leased out a building for $4,500 a month. On that da
katrin2010 [14]

Answer:

$31,500

Explanation:

On November 1, 2019, Kate leased out a buliding for $4,500 per month.

On the same day( November 1, 2019) she received seven months payment for the building. Which means she received $31,500 (4,500* 7 months).

Accural taxpayers must be able to include all amount they are to receive for payments of services, once they earn it.

Since Kate is an accural taxpayer, and she receive the $31,500 payment on November 1, 2019, she must include the whole $31,500 on her 2019 tax return as a result of this transaction.

4 0
3 years ago
In this video, kevin describes _____ as a set of integrated software modules that support nearly all of their organization's bus
salantis [7]

In this video, kevin describes ERP as a set of integrated software modules that support nearly all of their organization's business processes.

A business is an activity that makes a living or makes money by manufacturing or buying and selling products. It is also "any activity or business carried on for profit."

A company is an organization or company engaged in commercial, industrial, or professional activities. A business can be either a commercial enterprise or a non-profit organization. Legal forms range from limited liability companies to sole proprietorships, corporations and partnerships.

The definition of business is the profession or trade, the buying and selling of goods or services for profit. A business example is agriculture. An example of a transaction is the sale of a home. noun.

Learn more about business here:brainly.com/question/24553900
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5 0
2 years ago
Suppose that a competitive firm hires labor up to the point at which the value of the marginal product equals the wage and that
almond37 [142]

Answer:

$20

Explanation:

Calculation for the marginal cost of producing an additional unit of output

Using this formula

Marginal cost=Wage per week/Marginal product of labor

Let plug in the formula

Marginal cost= $700 per week/35 units per week

Marginal cost= $20

Therefore the marginal cost of producing an additional unit of output is $20

3 0
3 years ago
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