Answer:
the marginal revenue from selling the fifth unit is
$25
Explanation:
Perfect competition is market structure in which the following information:
All firms sell an identical product .
All firms are price takers , cannot influence the market price .
Market share has no influence on prices.
Buyers have complete informationabout the product being sold and the prices .
Resources for such a labor are perfectly mobile.
Firms can enter or exit the market without cost
Answer:
"What clothing brands do you usually prefer?"
Explanation:
The retail salesman will infer if the customer likes expensive or cheap brands as this person is trained to know the difference in prices of all the brands that the branch sells.
Answer:
Informational
Explanation:
The role of "informational" control is to challenge the organization's beliefs and goals and to continuously monitor, test, and review strategies. Informational control is when a business gathers information and analyzes that information from different perspectives to come up with better strategy's in order to better the business itself.
Hope this helps.
Answer: 0 years
Explanation:
The payback period calculates the amount of time taken to recoup the initial investment made in a project or in the purchase of a machine or building. It calculates how long the cumulative cash flow generated from a project equals the cost of the project.
The payback period for both machines are zero years because the cumulative cash flow is less than the cost of the machine.
For machine A - cumulative cash flow- $-47,000 is less than -$71,000
For machine B - cumulative cash flow, -$7,000 is less than -$52,000
Explanations on how the figures were derived is found in the attached tables.
