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USPshnik [31]
4 years ago
8

If production is occurring where marginal cost exceeds price, the purely competitive firm will __________.

Business
1 answer:
devlian [24]4 years ago
8 0

Answer:

C. fail to maximize profit and resources will be overallocated to the product

Explanation:

At MC < P, the firm may earn profit but that is not maximum the maximu profit condition is that MR = MC and in perfect competition MR = P so MC = P is the maximum condition.

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The AIAP is designated to achieve What?
dlinn [17]
It’s not a stand-alone program
6 0
3 years ago
could this type of situation ever occur in the United States and imposter taking over the leadership of the country ​
Molodets [167]

Answer:

yes

Explanation:

The way the system works is tricky but the thing to realize is that people can always be deceitful and act different than they are.

4 0
4 years ago
A machine cell uses 195 pounds of a certain material each day. Material is transported in vats that hold 25 pounds each. Cycle t
Anna [14]

Answer:

Number of vats used is 3

Explanation:

Number of pounds used per hour, D = 195 ÷ 8

= 24.375 pounds per hour

Cycle time, T = 2.25

Inefficiency factor, e = 0.19

Material held in vats, C = 25 pounds

Now,

Let, n be total number of vats

Thus,

n = \frac{DT(1+e)}{C}

on substituting the respective values, we get

n =\frac{25.75\times2.25\times(1+0.10)}{25}

or

n = 2.413 ≈ 3

Number of vats used is 3  [since vats cannot be in fraction]

6 0
3 years ago
A real estate agent is considering changing her land line phone plan. There are three plans to choose from, all of which involve
BlackZzzverrR [31]

Answer:

a. Determine the total charge under each plan for this case: 120 minutes of day calls and 40 minutes of evening calls in a month.

  • Cost for Plan A = ($0.41 x 120) + ($0.16 x 40) + $20 = $ 75.60
  • Cost for Plan B = ($0.51 x 120) + ($0.15 x 40) + $20 = $ 87.20
  • Cost for Plan C = $80 + $20 = $100

b. If the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal?

  • If the agent will use the service only for daytime calls, Plan A is better if the agent uses 195 minutes maximum. If the agent expects to use 196 or more minutes, then Plan C is better.

c. Suppose that the agent expects both daytime and evening calls. At what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans A and B?

  • Plan A charges 10¢ less per daytime minute, while plan B charges 1¢ less for evening minutes, that means that the proportion of daytime calls should be 1/11, while the proportion of evening calls should be 10/11.

7 0
3 years ago
What are the important long-term issues relevant for managing capacity, revenue, and customer satisfaction for southwest airline
ale4655 [162]

Some long-time period problems applicable for dealing with ability, revenue, and patron satisfaction for Southwest airways includes right usage of the corporation’s fleet of airplanes.

This is a applicable difficulty as it directly influences capability, sales, and customer pride if planes are not being properly applied. For example, all three of these factors will lower if half of Southwest’s fleet became grounded and flights had to be cancelled, or all three factors could growth if the whole fleet turned into being utilized to its fullest extent. Some other lengthy-term issue this is relevant to these three factors is turnaround time at Southwest gates, due to the fact as we found out, as low as a sixty second postpone can create a decrease in capability, sales and patron delight.

Learn more about Southwest airways here:- brainly.com/question/27802425

#SPJ4

7 0
1 year ago
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