All categories

3 years ago

When a product is a , the more its demand.

Business

2 answers:

worty [1.4K]3 years ago

6 0

what's the context, what are the possible options for input?

The way you have the question now is super vague and unanswerable

Dominik [7]3 years ago

5 0

Answer:

oil

Explanation:

You might be interested in

4 classes are required. each class must be extended as specified, include the components noted and function as indicated. greeti

Ket [755]

So each 4 classes requisite that an average should be divided so yea!!!!! good luck with that

5 0

3 years ago

Explain why to maximize profits a firm needs to produce an output at a level where marginal revenue

Orlov [11]

Answer:

Rest of question:

... equals marginal cost.

Firms will maximize profits at the point where marginal revenue equals marginal cost because producing after this point means that no profits will be made.

As long as the Marginal revenue exceeds marginal cost, there will be profits made because the company is making more than it is spending so they should keep producing. When it gets to a point in production where the marginal revenue equals marginal cost, the company should not produce further than that.

This is because, as earlier mentioned, any further production would result in the marginal cost being larger than the marginal revenue which means that a loss will be made. The company should therefore stop at the point where MR = MC so as not to let MC get larger than MR so that no losses will be made.

8 0

3 years ago

Market structure is determined by the Group of answer choices None of the Answers are Correct. Annual revenue, costs, and profit

nignag [31]

Market structure is determined by the number and relative size of the firms in an industry.

Market structure describes how different industries are categorized and distinguished based on how fiercely and in what ways they compete with one another for customers' goods and services. There are four different kinds of market structures: monopolistic competition, oligopolistic markets, perfect competition, and monopolistic markets.
In economics, market structure illustrates how businesses are categorized and distinguished according to the sorts of items they sell and how external circumstances and elements impact their operations. It is simpler to comprehend the peculiarities of various marketplaces when there is a clear market structure.
The four types of economic market structures are oligopoly, monopoly, perfect competition, and monopolistic competition. The following characteristics explain why the categories are different: In oligopoly, there are few producers, many in perfect and monopolistic competition, and one in monopoly.

Thus the correct answer is Option D.

To learn more about market structure, refer: brainly.com/question/27874368

#SPJ4

6 0

2 years ago

Grand Energy Corporation (GE) plans to issue bonds to raise $190 million. GE's investment banker will charge 5 percent of the to

Pavlova-9 [17]

The number of bonds that GE must sell to net $190 million after flotation costs is 200,000 bonds.

<h3>Number of bonds</h3>

First step is to calculate the amount issue

Net proceeds = Amount of issue x (1 - Flotation costs)

$190,000,000 = Amount of issue x (1 - 0.05)

Amount of issue = $190,000,000/0.95

Amount of issue= $200,000,000

Second step is to calculate number of bonds

Number of bonds = $200,000,000/$1,000

Number of bonds= 200,000 bonds

Inconclusion the number of bonds that GE must sell to net $190 million after flotation costs is 200,000 bonds.

Learn more about bonds here:brainly.com/question/25596583

7 0

2 years ago

Which of the following best describes an economic system?

Marina CMI [18]

System revolving around the production, distribution, and consumption of goods and services.

An economic system encompasses all of the production, distribution, and consumption within a society of goods and services. This definition is the most inclusive and holistic, whereas the other definitions describe part of an economic system, or another aspect of our socio-political and economic structures.

7 0

3 years ago

Read 2 more answers

When a product is a ______, the more ______ its demand.

When a product is a , the more its demand.