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3 years ago

If a monopolistically competitive firm's marginal cost increases, then in order to maximize profits, the firm will:

Business

1 answer:

Serjik [45]3 years ago

7 0

Answer:

A. reduce output and increase price.

Explanation:

In the case of monopolistic firm at the time of profit maximization, the marginal revenue should be equivalent to the marginal cost i.e.

Marginal revenue = Marginal cost

When the marginal cost rises, the cost of generating an additional unit is also rise to equate MR and MC and at the same time the output would be decreased and the price is increased also the price is more than its marginal cos

Therefore the option A is correct

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Beginning inventory of Talisman Inc. for the month had 3,600 units that were 65% complete with respect to materials. During the

Ludmilka [50]

Answer:

The weighted average equivalent units of production for materials for the month would be 62,400 units

Explanation:

Consider the following formula:

Equivalent units of production for materials = Units completed and transferred out + Units in ending WIP * % of completion

= 60000 + (6000*40%)

= 62,400 units

8 0

3 years ago

On February IN , Marshak's investment account has a balance Of $19,800. He deposited ,200 on April I and $2,600 on May l . He wi

lesya692 [45]

The dollar-weighted annual yield for this nine-month period is -2.7%.

<u>Solution:</u>

The investment of deposit on April 1 (Feb, March = 2 months)

$\Rightarrow\frac{(9-2)}{9}\times1200=\frac{(7)}{9}\times1200$

The investment of deposit on May 1 (Feb, March, April = 3 months)

$\Rightarrow\frac{(9-3)}{9}\times1200=\frac{(6)}{9}\times1200$

Therefore, Dollar-weighted annual yield for this nine-month period,

$\Rightarrow \frac{\text{Total interest}}{\text{Total investments}}$

On plugging-in the values,

$\Rightarrow\frac{14820-(19800+1200+2600-8400}{19800+\frac{7}{9}(1200)+\frac{6}{9}(2600)-8400}=-0.027$

In percentage notation,

$-0.027=(-0.027\times100)\frac{1}{100}=-2.7\% (\because \frac{1}{100}=\%)$

6 0

3 years ago

Sparty Corporation has provided the following information for its most recent year of operation: Revenues earned were $84,000, o

iragen [17]

Answer: $247000

Explanation:

The following can be deduced from the question:

Revenue 84,000

Less: Operating Expenses 46,000

Profit Before Tax 38,000

Less Taxes 13,300

Net Income 24700

Therefore, the net income that was reported on Sparty's income statement will be $24700.

7 0

4 years ago

MARKING BRAINIEST

Luba_88 [7]

Answer:

Sales

Explanation:

S stands for sales. The moving averages formula uses sales figures from the previous periods to forecasts future sales. For example,

say, sales for 2015 were 100; 2016 were 120; 2017 were 110; and 2018,..130. Using the formula, the forecast for 2019 will be

Forecast 2019 = Sales 2015 + Sales 2016+ Sales 2017+ sales 2019 / 4

Forecast 2019 = 100 + 120 +110 + 130 / 4

Forecast 2019=115

8 0

3 years ago

Read 2 more answers

On February 12, Goal Publishing, Inc., purchased the copyright to a book for $15,000 and agreed to pay royalties equal to 10% of

Ugo [173]

Answer:

option 2 $75,000

Explanation:

Data provided in the question:

Amount for which the copyright to a book purchased = $15,000

Agreed royalty = 10% of the book sales

Minimum royalty to be paid= $60,000

Total book sales = $750,000

Now,

The Amount of royalty according to the agreement

= 10% of Total book sales

= 10% of $750,000

= $75,000

Since,

The amount the greater than the minimum royalty

Hence,

the agreement amount will be paid

i.e

option 2 $75,000

3 0

3 years ago