A firm maximizes its profitability when it<u> "configures its internal operations to support the position selected by it on the efficiency frontier".</u>
In economics, profit maximization is the short run or long run process by which a firm may decide the value, information, and yield levels that prompt the best benefit.
The general guideline is that the firm maximizes profit by delivering that amount of yield where negligible income breaks even with peripheral expense. The profit maximization issue can likewise be drawn closer from the information side.
Answer:
Explanation:
In using the midpoint method to calculate price elasticity , the average percentage change in the price and quantity are used
formula = percentage change in quantity = (Q2 -Q1/(Q2+Q1)/2)*100
Percentage change in price = ( P2 -P2/(P2-P1)/2)*100
Price changes = $1.5 to $1.3
Quantity changes = 60 to 100
Percentage in price = (1.3-1.5 /(1.5+1.3)/2 )*100
(-0.2/1.4)*100 =-14.29%
Percentage in quantity = (100-60/(100+60)/2)*100
40/80*100 = 50%
Therefore , price elasticity of demand = 50/-14.29 = -3.5
With the elastic interval being less than 1 , it means that it is an inelastic demand
An effective frequency of an ad means the average number of times a person must receive a message before it is truly received.
<h3>What is an
effective frequency?</h3>
It means the number of times that a consumer must be exposed to an advert before the optimization of their likelihood of completing whatever the desired action is will be possibie.
In conclusion, these measures is serves a necessary tactic to drive customers' exposure to a message, product, or service
Read more about effective frequency
<em>brainly.com/question/15462848</em>
Answer:
D. Medicare
Explanation:
Medicare is a federal tax imposed on all workers. It is a compulsory deduction based on the worker's gross pay. Employers are required to withhold the medicare tax amounts are remit to the government. Medicare is used by the federal government to provide medicare care to senior citizens aged 65 years and above.
Life Insurance, 401(k), and Health Insurance are voluntary deductions. The employer withholds the amounts and remits them to the relevant agency as per the employee's request.
Answer:
Trademark
Explanation:
The “R” inside the circle stands for “registered.” The “R” and circle together form the federal trademark registration symbol. In commerce, the symbol shows that your business officially owns its trademark by U.S. Patent and Trade Office (pto.gov) standards.
Note:
Please mark as Brainliest! <3