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Murljashka [212]
3 years ago
8

The demand curve faced by a perfectly competitive firm rev: _______

Business
1 answer:
vivado [14]3 years ago
6 0

Answer:

The answer is D.

Explanation:

The demand curve faced by perfectly competitive firm is horizontal. This means that if individual firm charges price above the market price, it will not sell anything.

The curve is the same as marginal revenue curve because change in total revenue from selling one more unit(marginal revenue) is the constant market price.

And it holds in perfect market that price equals marginal revenue (P=MR).

The correct option is D.

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Answer:

Monthly payment: 460.41 dollars

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Explanation:

we will calculate the PTM of an annuity of 25,000 over 5 year at 4%

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time 60

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(1+0.04/12)^{60} = (1+ r_e)^{5}\\r_e = \sqrt[5]{(1+0.04/12)^{60}} - 1

effective  rate = 0.040741543 = 4.07%

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3 years ago
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Explanation:

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Name four commercial services which are useful to a manufacturer​
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Indigo Corporation began operations in 2017 and reported pretax financial income of $228,000 for the year. Indigo’s tax deprecia
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Answer:

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Explanation:

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