Answer:
The correct answer will be the "proportion of firms with flexible prices".
Explanation:
- The sticky market or price mechanism induces on the upward steep slopes quantity supplied for the immediate term cumulative. That was because firms reacting to changes and differences in economic conditions are restrictive in fluctuating prices.
- We addressed the explanations or causes behind the strength and stiffness throughout this section.
So that the above is the correct solution.
Answer:
4000 Units
Explanation:
x = number of units made and sold
C(x) = cost
C(x) = 18.50x+18000
R(x) = revenue
R(x) = 23x
Breakeven point occurs when the cost and revenue are the same, which produces a profit of 0 dollars.
R(x) = C(x)
23x = 18.50x+18000
23x-18.50x = 18000
4.50x = 18000
x = 18000/(4.50)
x = 4000
Answer:
$122,000
Explanation:
i dont know i just subtracted ¯\_(ツ)_/¯
Jeremy may want to sit down with his marketing team or hirer a team devoted to promotions and advertisement. You can only be successful if people know you exist and when they don't, making sales is almost obsolete. To keep your business running, making sure the marketing team is doing their job to keep consumers coming back and your product/service relevant is a must.
