1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olchik [2.2K]
2 years ago
10

If Rajiv's Fire Engines were a competitive firm instead and $125,000 were the market price for an engine, decreasing its price f

rom $125,000 to $75,000 would result in the same change in the production quantity and, thus, total revenue. a) True b) False
Business
1 answer:
Sonbull [250]2 years ago
5 0

Answer:

b) False

Explanation:

The price reduction will stimulate demand for Rajiv's Fire Engines, in the short run, before competitors catch up or even overtake the firm with price reduction strategies of their own.  This will in turn drive sales and the production quantity to increase marginally in the short-run.  However, in the long-run, because the market is competitive, Rajiv Company will not totally benefit from the price reduction as the price war intensifies among the competitors.

You might be interested in
The sata/600 standard is also known by what other name?
jolli1 [7]
The SATA/600 standard is also know as SATAIII or <span>SATA 6Gb/s</span><span>.

SATA (Serial Advanced Technological Attachment) is a standard that is developed to connect any optical drivers or storage devices to the computer.

SATAIII is the third generation of SATA and can run at 6GB/s.</span>
6 0
3 years ago
Which of the following are characteristics of frequency distributions?
Brrunno [24]

Answer:

There are some important characteristics of frequency distribution. They are as follows: Measures of central tendency and location (mean, median, mode) Measures of dispersion (range, variance, standard deviation)

Explanation:

Hope it helps you

Mark my answer as brainlist

have a nice day :)

4 0
2 years ago
A tax levied on inherited money is known as a/an _______ tax.
Citrus2011 [14]
A tax levied on inherited money is known as a/an _______ tax. 
7 0
3 years ago
Read 2 more answers
Juana looked at her September issue of O magazine and did not see anything of interest. However, after her mother was diagnosed
777dan777 [17]

Answer: attention

Explanation: The given case illustrates the concept of selective attention.

      Selective attention refers to the situation when an individual focuses on a particular aspect of a vast subject matter due to his or her specific need or preferences.

In the given case, Juana found the magazine interesting because of the topic regarding a disease was covered in the magazine from which her mother was suffering.

Therefore, we can conclude that the correct option is C.

7 0
3 years ago
How does imports, exports and balance of trade relate​
skelet666 [1.2K]

Answer:

See explanation section

Explanation:

Export - When a country ships its domestic products (Goods and Services) to another country, after meeting the demand of the domestic people, for processing, using, and selling those, the term refers to export.

Import - When a country brings other countries' products in order to fulfill the demand of its population, it is coined as an import.

Balance of Trade - When there is a difference between the country's net monetary value of exports and imports, it is called the balance of trade. If export exceeds the import, there will be a trade surplus. On the other hand, when import exceeds the export, there will be a trade deficit.

6 0
3 years ago
Other questions:
  • The manufacturing overhead budget of Paparella Corporation is based on budgeted direct labor-hours. The November direct labor bu
    6·1 answer
  • Why are computer skills an important part of online learning?
    7·2 answers
  • How is the economy likely to be affected if a democracy becomes an oligarchy ​?
    14·1 answer
  • Megan, an agent for a department store, orders one hundred dresses from Sal’s Clothing Shop for the Spring Blossom Sale. There i
    12·1 answer
  • The method of least squares was used to develop a cost equation to predict the cost of monthly equipment maintenance. The follow
    9·1 answer
  • Planet Earth Developers is a large nationwide construction company with home offices in Lansing, MI. The local media often remar
    12·1 answer
  • Wildhorse Delight, Inc. charges an initial franchise fee of $74,700 for the right to operate as a franchisee of Wildhorse Deligh
    7·1 answer
  • Elliptical Consulting is a consulting firm owned and operated by Jayson Neese. The following end-of-period spreadsheet was prepa
    9·1 answer
  • Empower Inc., is a software development firm that firmly believes in common unspoken assumptions along the lines of conventional
    14·1 answer
  • After a customer has purchased a refrigerator, he was offered free delivery, installation, financing, and warranty. this is know
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!