Hello!
The answer to your question is "price elasticity".
:)
I think the correct answer among the choices listed above is option C. Ford's mass-production method on a moving line was called an assembly line. It allowed the company Ford to produce automobile faster compared to before.
Hope this answers the question.
When marginal profit turns negative, producing more output will decrease total profits. Total profit is maximized where marginal revenue equals marginal cost. In this example, maximum profit occurs at 4 units of output.
Answer:
$45,350
Explanation:
Follow the Company`s collection history to determine the November Cash Collection.
November Cash Collection :
Collected in month of sale - 15% x $45,000 $6,750
Collected for 1st month after sale - 60% x $51,000 $30,600
Collected for 2nd month after sale - 20% x $40,000 $8,000
Total $45,350
Therefore,
The cash Justin can expect to collect in November is $45,350
Bright futures funds three scholarships.
