Answer:c
Step-by-step explanation:
Profit maximization happens with marginal revenue is equal to marginal cost, so if Grant's assumption was right before selling the extra unit, when he actually sells the extra unit, this will increase his revenue
That's why the answer is c
Marginal revenue will exceed marginal cost
The associative property allows you to change the <em>grouping</em> of addends or factors without changing the value of the expression.
Answer:
35%
Step-by-step explanation:
Given data
Initial price= $80
Final price= $52
% decrease= initial-final/initial*100
% decrease= 80-52/80*100
% decrease= 28/80*100
% decrease=0.35*100
= 35%
Hence the decrease is 35%
Answer:
6 weeks = a (1 year)^2 52 weeks