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Luden [163]
3 years ago
12

A monopolistically competitive firm is producing at an output level in the short run where average total cost is $4.75, price is

$4.75, marginal revenue is $3.00, and marginal cost is $3.50. This firm is operating
Business
1 answer:
Harrizon [31]3 years ago
3 0

Answer:

loss at the short run

Explanation:

marginal cost is higher than the marginal revenue

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J.D. Power and Associates surveys new automobile owners to learn about the quality of recently purchased vehicles. The following
lorasvet [3.4K]

Answer:

a. Did you purchase or lease the vehicle?  CATEGORICAL DATA

b. What price did you pay?  QUANTITATIVE DATA

c. What is the overall attractiveness of your vehicle's exterior? (Unacceptable, Average,  Outstanding, or Truly Exceptional)  CATEGORICAL DATA

d. What is your average miles-per-gallon?  QUANTITATIVE DATA

e. What is your overall rating of your new vehicle? (l- to 10-point scale with 1 Unacceptable and 10 Truly Exceptional) QUANTITATIVE DATA

Explanation:

Quantitative data can be measured in numbers, e.g. 20 miles per gallon. While categorical data refers to non-numerical responses, e.g. higher quality, better looks, and is generally obtained by choosing one response from a group of available answers.

5 0
3 years ago
Find an equation of the line slope 2/3; through (-6,3)
Minchanka [31]
If you are given a point and the slope, use the point-slope formula.
m = 2/3
(x₁, y₁) = (-6, 3)

y - y₁ = m(x - x₁)

y - 3 = 2/3(x + 6)
y - 3 = 2/3x + 12/3
y - 3 = 2/3x + 4
y = 2/3x + 1

The equation of the line is y = 2/3x + 1.

4 0
3 years ago
What terms best refer to anything that can be bought or sold?
Savatey [412]

The terms best refer to anything that can be bought or sold

goods and services

This is further explained below.

<h3>What terms best refer to anything that can be bought or sold?</h3>

Generally, The output of an economic system consists of things like goods and services.

While services consist of activities that are carried out for the advantage of the receivers, goods are physical products that are sold to clients. Products such as autos, home appliances, and apparel are all examples of goods.

In conclusion, The terms best refer to anything that can be bought or sold

goods and sevices

Read more about goods and services

brainly.com/question/2430424

#SPJ1

7 0
1 year ago
Which of the following best describes the difference between a convertible bond and a warrant? Convertible bonds give the invest
levacccp [35]

Answer: Statement A

Explanation: Convertible bonds is a type of bond security which gives its holder the right to convert each bond to a specified number of shares. These are hybrid securities having features of both equity and debt.

.

Warrants are securities that give their holder the right to purchase the common shares of the company at a specified price and before a certain time period.

.

Thus, from the above explanation we can conclude that statement A is correct.

4 0
2 years ago
Ima, Boyd, and their fellow employees at Endrun work on an assembly line and do not have a specialized skill. If they are succes
ANEK [815]

Answer:

An industrial union

Explanation:

Industrial unionism is a labour union organizing method through which all workers in the same industry are organized into the same union, regardless of skill or trade, that is it combines all workers, both skilled and unskilled, who are employed in a particular industry thus giving workers in one industry, or in all industries, more leverage in bargaining and in strike situations.

4 0
3 years ago
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