Answer:
The correct answer is C. is neither minimizing costs nor maximizing profits
Explanation:
A company that operates under the conditions described above, moves within a market in purely competitive conditions that ensures linear behavior of demand and supply, which is why it must establish the condition of minimizing costs so that the market does not harm, this means that in the purely competitive market you should not minimize costs or maximize established profits.
Answer: The correct answer is a PowerPoint presentation.
Explanation: The best method to include a visual element to a training is by using PowerPoint. This is a Microsoft program that allows you to create engaging visual presentations. In addition to text, it allows the creator to include things like photos, text effects and videos in the presentation.
Answer:
B
Explanation:
In this question, we are asked to pick from the options what should serve as the point of action of the firm given the scenario painted in the question;
We proceed as follows;
ATC= 30 $
Marginal revenue(MR)= 40 $
Price(P) =50 $
For efficiency,MC=minimum ATC=30 $
MR =40 > MC=30
For profit maximization, MR =MC
So, firm should raise output ,so that MR falls and becomes equal to MC
So correct option is B.
Answer:
The correct answer to the following question is C) Appropriate audience for an advertising campaign.
Explanation:
When a company wants to sell its product in the market , it is very important for them to understand who their target market or target audience are, because these are the people who are in interested in buying company's product not everyone in the market. So it becomes very important for the company to identify who their target audience are and to make a connection with them, so that they can be influence in to buying the company's product.
And in the given above question all of them are example of target audiences.
Answer:
Overall operating profit will decrease by $25,000
Price is $32.5
Explanation:
A product should be shut down if doing so would make the savings in fixed costs associated with the product to exceed the lost contribution. Other wise , the product should remain.
In a shut down decision , the following relevant cash flows should be considered:
1. Lost contribution from the product to be shut down
2. Savings in fixed directly attributable to the product under consideration.
$
Lost contribution from products 2
(15-10)× 20,000 (100,000)
Savings in direct fixed cos <u> 75,000</u>
Net loss from the drop of product 2 <u> (25,000)</u>
Overall operating profit will decrease by $25,000
Mark up is the proportion of cost as profit
Price = cost + (mark-up %× cost
Price = 25 + (30%× 25) = 32.5
Price is $32.5
