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spin [16.1K]
3 years ago
7

The basic logic behind the Rational Rule for Sellers is that a company owner should increase output as long as the extra output

A. moves the company toward maximum total revenue. B. leads to a larger gap between price and average total costs. C. leads the company toward minimum average total costs. D. adds more to revenue than it adds to costs.
Business
1 answer:
Soloha48 [4]3 years ago
5 0

According to the logic behind the Rational Rule for Sellers, a company owner should increase output when the extra output D. adds more to revenue than it adds to costs.

According to the Rational Rule for Sellers, a seller should only choose the output level where the marginal cost is equal to the marginal revenue.

It should be noted that the owner of a company should increase output when the extra output adds more to revenue than it adds to costs. This is vital in order to increase the revenue and profit of the firm.

Read related link on:

brainly.com/question/25670500

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Joe was the head chef and owner of Corner Grill in Columbus. He had three employees. One of them, Joan, fell sick on Sunday. Joe
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Answer:If Ashton was made aware that he could be called in to cover for another employee during the hiring.Or he had stood in for another employee several times after being called and without calling back

Explanation:

4 0
4 years ago
One of the basic facts of life is that people must make choices as they try to attain their goals. This unavoidable fact comes f
Natalka [10]

Answer:

scarcity  is the fact that people must make choices as they try to attain their goals.

Explanation:

  • Scarcity is a commodity's lack of availability, and may be in consumer or commons production.
  • Scarcity often includes a lack of resources for buying goods from a person. There is plenty to the reverse of lack. 
  • Scarcity provides limited resources than is required to fulfill human needs and desires.

so, we say that scarcity leads to dissatisfaction.

therefore the right answer is Scarcity.

8 0
3 years ago
A company recently lowered its service performance from 99 percent product availability to 97 percent product availability. The
Degger [83]

Answer:

less than $1 million.

Explanation:

According to my research, I can say that based on the information provided within the question this next change is likely to save less than $1 million. We can predict this since the first change saved $1 million but was a reduction of 3%, the second change is a reduction of 2% so it will most likely not reach 1$ million in savings  

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
4 years ago
In Chapter 1, you learned that buying and selling textbooks are two separate decisions made at the margin. Textbooks create valu
Delvig [45]

Answer:

$300

Explanation:

The total value gained V is given by sum of the value gained when buying the book (B) added to the value gained when selling the book (S).

The value gained at purchase is given by the difference between the willingness to pay and the actual amount paid:

B=\$450 -\$200\\B= \$250

The value gained when selling the book is given by the difference between the amount received from selling and the value of keeping the book:

S= 0.5*\$200 - \$50\\S=\$50

The total value gained is:

V= B+S\\V=\$250+\$50\\V=\$300

You have gained $300 in total value.

3 0
4 years ago
Tacit collusion is more likely to be a concern with horizontal alliances. vertical alliances. international alliances of any kin
OLga [1]

Answer:

horizontal alliances

Explanation:

A horizontal alliance is a term that describes a form of arrangements or partnership between businesses that conduct as competitors in the exact area.

In other words, competitors work in unison to enhance their strategy in the market.

On the other hand, Tacit Collusion occurs when firms avoid actions that are likely to require or demand a response from another firm often a competitor. For example, when a firm avoids the opportunity to price cut an opposition due to the fact that, the opposition may retaliate

Hence, Tacit collusion is more likely to be a concern with HORIZONTAL ALLIANCE

6 0
4 years ago
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