Answer:
A
Explanation:
Without market intervention, monopolies produce at a quantity in which price is greater than the marginal cost, therefore they obtain positive benefits. To keep a competition policy, the interventionist should set the price where the average total cost (ATC) crosses the demand curve (also the average total revenue). In this case, the intercept represents the point where the total cost is equal to the total revenue (TC=TR), there are no positive benefits as competitive markets.
It could also be option B, because the term "break-even" means no profits and no losses. But in monopolies, this point is where the ATC equals the ATR or demand (it is not the point Marginal Cost=Marginal Revenue because in most cases the ATC curve is above this point, so it would be better to shut down the firm), that is why I chose option A.
The HR function that Gretta is performing is the job
analysis. This is a process in which is a way of determining a particular job
in means of finding out the requirements needed and duties to be performed in analyzing
the particular job.
Answer:
A. total assets of the company remain constant
Explanation:
Mainly there are three stages to make the final product. These are
1. Raw material
2. Work in progress
3. Finished goods
When the product is finished in all respects. It is ready for sale.
According to the given situation, when work in progress inventory is transferred to the finished goods, the inventory part or we can say the asset part remains constant. As a raw material, work in progress, and the finished goods are the inventory.
The work in progress balance will get reduced by the same amount as finished goods increased.
Answer:
The question is missing the amount of output units that each additional unit of labor generates, but we can calculate how many units each additional unit of labor should produce in order to maximize profit.
In order for a firm to maximize its profit, the marginal revenue product (MRP) = marginal cost (MC).
MRP = output units per additional unit of labor x price per unit = U x $9
MC = $700
U x $9 = $700
U = $700 / $9 = 77.78, so we round up to 78 units
In order to maximize profit, each additional unit of labor must generate 78 additional units of output.
Answer:
B. Group By operator
Explanation:
Hope this helps and have a nice day :)