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USPshnik [31]
3 years ago
8

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

Business
1 answer:
devlian [24]3 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 direct method for preparing and reporting the statement of cash flows reports net income and then adjusts it for items nece
ruslelena [56]

Answer:

The correct option is A

Explanation:

The direct method is one of 2 accounting treatments used in preparing cash flow statement. The statemnet of cash flows direct method uses actual cash inflows and ouflows from a company's operations instead of modifying the operating section from accural accounting to a cash basis.

6 0
3 years ago
Click this link to view O*NET's Work Activities section for Reporters and Correspondents.
Yanka [14]

Answer:

Abdf

Explanation:

6 0
2 years ago
Read 2 more answers
Your product Belch has an actual market share of 14.2%, and a potential market share of 17.6%. The most likely scenario to expla
jok3333 [9.3K]

Answer: Your budget for sales and promo are excessive, and you reached diminishing returns on your spend.

Explanation:

You can check the options online.

The market share refers to the percentage of total sales that is generated by a company in an industry.

If the potential market share is higher than the actual market share, the reason for this will be due to the fact that the budget for sales and promo are excessive, and you reached diminishing returns on your spend.

5 0
2 years ago
When looking at developing a particular residential project in a market, the most important factors in figuring out the market a
wlad13 [49]

Answer: employment opportunities and commuting ranges.

Explanation:

When looking at developing a particular residential project in a market, the most important factors in figuring out the market area are employment opportunities and commuting ranges.

One should look at the employment opportunities that such project will bring as this is vital to improving the standard of living of the people in the area. One should also look at the commuting ranges as that is vital too.

3 0
3 years ago
Determine the value of z.
TiliK225 [7]

Explanation:

Let angle y be the unknown angle inside the triangle.

given

y + 87 + 34 = 180 (sum of angles in a triangle)

y + 87 + 34 = 180 \\ y + 121 = 180 \\ y = 180 - 121 \\  = 59

given y + z = 180 (angles on same straight line)

y + z = 180 \\ 59 + z = 180 \\ z = 180 - 59 \\  = 121

3 0
2 years ago
Read 2 more answers
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