1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pshichka [43]
3 years ago
11

The marginal revenue product schedule is: * 1 point A) the same whether the firm is selling in a purely competitive or imperfect

ly competitive market. B) the firm's resource demand schedule. C) the firm's resource supply schedule. D) upsloping.
Business
1 answer:
Inga [223]3 years ago
7 0

Answer:

B) the firm's resource demand schedule.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

Marginal cost can be defined as the additional or extra cost that is being incurred by a company as a result of the production of an additional unit of a product or service.

Generally, marginal cost can be calculated by dividing the change in production costs by the change in level of output or quantity.

Marginal revenue can be defined as the additional amount of money that is gained or generated by a business firm from the sales of an additional unit of a product or service.

Hence, the marginal revenue product schedule is equal to the firm's resource demand schedule i.e the quantity of goods demanded at different price level at a specific period of time.

You might be interested in
What was the name given to the trade system where finished manufactured goods were sent to africa in exchange for slaves who wer
Alex Ar [27]
A.) The Triangular Trade


7 0
3 years ago
The labor-force participation rate tells us the fraction of the population that a. has chosen to participate in the labor market
Klio2033 [76]

Answer:

a. has chosen to participate in the labor market.

Explanation:

The formula to compute the labor-force participation rate is shown below:

Labor- force participation rate = Labor force ÷ Population of working age

By dividing the labor force with the  Population of working age so that the labor force participation rate could come

Therefore, the option a is correct as it defines the participated in the labor market

8 0
2 years ago
Think about different ways people are compensated for work, including salary compensation, hourly wages, and contracted compensa
DENIUS [597]

Answer:

c

Explanation:

salary is a regular fixed payment that a person earns for performing work during a specific period of time.

8 0
2 years ago
According to the expectations theory of the term structure the interest rate on long-term bonds will exceed the average of short
Fiesta28 [93]

Answer:

c. interest rates on bonds of different maturities move together over time.

Explanation:

"When riding the yield curve, an investor will purchase bonds with maturities longer than the investment horizon and sell them at the end of the investment horizon. This strategy is used in order to profit from the normal upward slope in the yield curve caused by liquidity preferences and from the greater price fluctuations that occur at longer maturities."

Reference: Chen, James. “Riding the Yield Curve.” Investopedia, Investopedia, 25 July 2019

8 0
3 years ago
What is the market value of a stock that paid a dividend of $3.80 last year if the dividend is increasing at 10% annually and th
Papessa [141]

Answer:

The market value of the stock is $41.8

Explanation:

Div 1 = Div 0 (1+r)

=3.80 (1+0.10)

=3.80(1.10)

=4.18

Market value of the stock= Dividend 1 / (r-g)

= 4.18 / 0.2 - 0.1

= 4.18 / 0.1

= $41.8

The market value of the stock is $41.8

7 0
3 years ago
Other questions:
  • A couple will retire in 50 years; they plan to spend about $26,000 a year in retirement, which should last about 25 years. They
    13·1 answer
  • Supply of a product will tend to be more inelastic when
    13·1 answer
  • One of the most talented managers to ever work at ABC Inc. is Amy Holmes. Combining graciousness intelligence and creativity. Am
    11·1 answer
  • Fun, Incorporated, a major gaming software company, is experiencing conflict between theyoung Internet-savvy employees who desig
    13·1 answer
  • Pattison Corporation is a service company that measures its output by the number of customers served. The company has provided t
    11·1 answer
  • I would rather have a job where I can focus on something rather than having many different things to do
    10·2 answers
  • At the end of 2016, Splish Brothers Inc. has accounts receivable of $675,100 and an allowance for doubtful accounts of $24,370.
    9·1 answer
  • Wilder, Inc. applies overhead to production at a predetermined rate of 90% based on direct labor cost. Job No. 305, the only job
    5·1 answer
  • Last year, 7,980 units were produced and 7,680 units were sold. There was no beginning inventory. The carrying value on the bala
    12·1 answer
  • Give an example of a natural monopoly industry operating in South Africa.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!