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DiKsa [7]
3 years ago
6

A monopolistic competitor wishing to maximize profit will select a quantity where marginal cost equals demand. marginal revenue

equals marginal cost. marginal cost equals average cost. marginal revenue equals average cost. If a firm is producing a quantity where marginal revenue exceeds marginal costs, the firm should existing levels of production in order to
Business
1 answer:
vodka [1.7K]3 years ago
3 0

Answer:

  1. marginal revenue equals marginal cost.
  2. expand; increase profitability

Explanation:

A monopoly would seek to maximize its profit at a point where marginal revenue will equal marginal cost because at this point, resources are being fully and efficiently utilized. If more cost was incurred to produce then marginal cost would exceed marginal revenue and lead to losses.

The same goes for the firm producing at a quantity where marginal revenue is larger than marginal cost. They should expand their production levels so that their marginal cost equals marginal revenue as this will increase profitability.

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Give three examples of behavior that you believe is unethical that you have observed in school
leonid [27]

Answer:

lying to your teacher that u did ur homework

going to the bathroom when they need to learn something special

cheating on an assessment

3 0
3 years ago
Hi how are you all day
Oksi-84 [34.3K]

Answer:

good

Explanation:

4 0
3 years ago
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Carl is furious that the elderly get special senior-citizen discounts on goods and services while young people don't. The name f
densk [106]

Answer: Intergenerational equity

Explanation: Equity simply preaches fairness whereby the allocation and sharing of resources, privilege and other related issues is devoid of partiality. Intergenerational equity looks into the idea of fairness between members of certain generations and age groups whereby the resource allocation and privilege afforded to individuals is devoid of favoritism on the basis of age group or generation. In the scenario above, Carl is of the opinion that intergenerational equity should be in play such that benefits afforded to elderly also incorporates the youth.

3 0
4 years ago
Warren Co. recorded a right-of-use asset of $820,000 in a 10-year finance lease. The interest rate charged by the lessor was 10%
Sphinxa [80]

Answer:

$656,000

Explanation:

Calculation to determine what The balance in the right-of-use asset after two years will be

Using this formula

Right-of-use asset after 2 years balance=Value of Asset- (Value of Asset*Used year)/Estimated Life

Let plug in the formula

Right-of-use asset after 2 years balance= $820,000 - ($820,000 / 10) * 2

Right-of-use asset after 2 years balance=$820,000-$164,000

Right-of-use asset after 2 years balance= $656,000

Therefore The balance in the right-of-use asset after two years will be:$656,000

4 0
3 years ago
Rebecca, a supervisor, is meeting with an employee whose performance has deteriorated since the previous year. The employee used
Dahasolnce [82]

Answer: Carry out an assessment check on what really happened to the employee for a drop of performance.

Explanation:

Some employees start their job on a high note and gradually begin to drop after a while, this can be caused by many factors. Rebecca, the supervisor has to carry out an assessment check on which of these factors happened that lead to the retrogression of her employee. In most cases it is seen that the employee were treated badly either by superiors, other staffs, or customers, another case could be that the employee have personal issues resulting from home or friends which affect their ability to perform. Rebecca has to carry out these asseement to know where she can help her employee to become better again.

6 0
4 years ago
Read 2 more answers
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