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leonid [27]
3 years ago
11

When marginal revenue equals marginal cost, the firm a. should increase the level of production to maximize its profit. b. may b

e minimizing its losses rather than maximizing its profit. c. must be generating positive economic profits. d. must be generating positive accounting profits.
Business
1 answer:
love history [14]3 years ago
4 0

When marginal revenue is equal to the marginal cost, then the firm should increase the level of production to maximize its profit.

Marginal revenue simply means the increase in revenue that a company makes as a result of selling an additional output of good. Marginal cost is the cost that a company incurs for production of one extra unit of good.

It should be noted that when the marginal cost if a firm is more than the marginal revenue, it means that the firm is producing too much.

When the marginal revenue of the firm equals the marginal cost, then the firm should maximize its profit.

The correct option is A.

Read related link on:

brainly.com/question/10822075

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Astrid currently consumes only milk and honey. She drinks four quarts of milk priced at $3 per quart and gets 30 utils for the l
asambeis [7]

Answer:

Yes, the Astrid maximizing her utility

Explanation:

Given that

Utils for the last quart = 30

Per quart = $3

Honey price = $0.75

Utils of Last jar = 7.5

The calculation of maximum utility is given below:-

Per dollar utility gained by milk

= 30 ÷ 3

= 10 utils

Milk utility for $0.75

= 30 ÷ 3 × $0.75

= 7.5 utils

Therefore from the last quart the utility was same and the dollars was spent in last jar. So, Astrid can maximizing her utility.

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3 years ago
a famous quarterback just signed a $18.0 million contract providing $3.6 million a year for 5 years. A less famous receiver sign
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During 2013, Company A has the following transactions involving its common and preferred stock:
Dennis_Churaev [7]

Answer:

Explanation:

Issued 20,000 shares of $8 par common stock for $26 a share; brings total shares outstanding to 50,000 shares

Bank A/c………Dr. 520000

To Share Capital A/c. 160000

To Paid in excess of par 360000

Issued 6,000 shares of $100 par, 6%, cumulative preferred stock for $150 per share

Bank A/c………Dr. 900000

To Preferred Stock A/c. 600000

To Paid in excess of par. 300000

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Share Capital (par value at 8) 400000

To Share Capital (par value at 2.67)

400000

7 0
3 years ago
suppose you want to have $400,000 for retirement in 20 years. your account earns 5% interest. a) how much would you need to depo
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suppose you want to have $400,000 for retirement in 20 years. your account earns 5% interest. a) how much would you need to deposit in the account each month Your account earns 7.9% interest" How often is it compounded? Daily? Monthly? Annually? Since we are going to find out how much you have to save per month I will assume that the interest is compounded monthly

<h3>What is retirement ?</h3>

Retirement is the cessation of one's employment, occupation, or active working life. Another way to semi-retire is to work fewer hours or with less job.

When they are old or unable to work due to health issues, many people decide to retire. People may also retire when they are eligible for private or public pension benefits, while others are compelled to do so due to legislation governing their jobs or because their physical conditions make it impossible for them to continue working (due to disease or accidents). The concept of retiring was first popularized in the late nineteenth and early twentieth centuries in the majority of nations.

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6 0
2 years ago
The scanner data collected by Frito-Lay is a form of ________ data.
trapecia [35]

The answer is: Internal secondary data

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When fritto lay obtain its data from scanners (that usually occurs for every purchase) , the data would automatically be stored in its database without interference from any third party.

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