Answer:
a. Hospitals will choose a quantity and quality combination that maximizes the hospitals profit
Explanation:
As per the quantity and quality model fo the hostipal behavior is focused on the selection of the quantity and quantity combination that maximize the profit of the hospitals
Therefore as per the given situation, the a option is correct as for every type of organization the main motive is to maximize the profit
So the option a is right
And, the rest of the options are wrong
Answer:
d. The potential exists for agency conflicts between stockholders and managers.
Explanation:
- A problem of the agency is a conflict of the interest of relationships where one party is expected to act in another best interest and usually refers to the conflicts of the interest between the companies management and the stockholders.
Answer:
you can kick them out the meeting if not paying attention
Explanation:
The will know to stay engede
Answer:
Option C (6.47%) is the right answer.
Explanation:
The given values are:
New machine's cost,
= $1,000,000
Net revenue,
= $150,000
Time,
= 9 years
MAAR,
= 10% per year
Now,
On taking, i = 5%
⇒ PW(5%) =
=
=
On taking, i = 10%
⇒ PW(10%) =
=
=
By interpolation, we get
⇒
⇒
⇒
i.e.,
⇒
To maximize profits, a firm should continue to increase production of a good until marginal revenue is equal to marginal cost.
According to the cost-benefit analysis, a company should continue to increase production until marginal revenue is equal to marginal cost. A manager maximizes profit when the value of the last unit of product (marginal revenue) equals the cost of producing the last unit of production (marginal cost)
What Is Marginal Revenue?
Marginal revenue is the increase in revenue that results from the sale of one additional unit of output.
What Is Marginal Cost?
In economics, the marginal cost is the change in total production cost that comes from making or producing one additional unit.
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