The average cost curve and the variable revenue curve are two lines which intersect at level of output when the firm is supplying and that business is earning zero economic profits.
If the price which the firm is charging from customer is higher than its average cost of production for the quantity of the goods produced, then the firm will earn profits to a large extent.
Conversely, if the price which is charged by the firm is lower than its average cost of production, the firm will suffer losses.
Thus when the cost is equal to the revenue of the firm it means there is no profit at all. At this level the average cost curve will intersect the revenue curve.
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Answer:
Answer:
a) Monthly payment = $65.95
b) Remaining balance on her loan after making 12th payment = 11,000 - (65.95 x 12) = $10208.6
c) Interest paid in month 13 = 10208.6 * 0.5% = $51.043
Principal paid in month 13 = $65.95 - 51.043 = $14.907
Explanation:
Using financial calculator:
PV = 11,000
n = 30 years = 360 months
i/r = 6%/year = 0.5% / month
FV = 0
PMT = ? (Monthly payment = ?)
a) Monthly payment = $65.95
b) Remaining balance on her loan after making 12th payment = 11,000 - (65.95 x 12) = $10208.6
c) Interest paid in month 13 = 10208.6 * 0.5% = $51.043
Principal paid in month 13 = $65.95 - 51.043 = $14.907
Explanation:
Answer:
2). open
<u>Multiple -choices</u>
<u>1)</u>. behavioral 2). open 3). semiprofessional 4). standard
Explanation:
An open interview is designed as a free-flowing dialogue between the interviewer and the applicant. The interview can be conducted in a group or individual format. The interviewer does not present themselves with a set of prepared questions for the candidates to respond.
An open interview can be conducted either in the office or outside the office. They are more casual than formal and may lead to instant job offers.
Answer:
a. 
b. 
c. 
Explanation:
a.
using the point-slope form we have that:
y= mx + b
m being the slope which has the next equation:
y is the rent price
x is the units of the apartment complex rented
Now we find the Y intercept (b):
580=-15(50)+b
580=-750+b
b=580+750 = 1330
We have the equation:
y=-15x + 1330
Now we have tu put in terms of the rent p (y)
y=-15x + 1330
15x = 1330 - y
b.
The first graph attached corresponds to the equation showed in point a.
The second graph attached corresponds to the equation if the rent is $655
Using the trace feature it is estimated that for a rent price of $655 the units occupied are 45.
c. The third graph attached corresponds to the equation if the rent is $610
Using the trace feature it is estimated that for a rent price of $610 the units occupied are 48.
Answer:
Customer relationship era.
Explanation:
Present marketing era is often referred to as 'Customer Relationship Era', as the whole business activities including the activities of the marketing department aims at satisfying the needs and wants of the customer and thus, revolves around building a healthy relationship with the customers. Therefore, it is important for a business to focus on the customer's needs and keep a track in the changing trend in the market. Also, it takes time and financial resources to study the requirements of the customers in order to satisfy them.
