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patriot [66]
2 years ago
6

If a firm's marginal costs _____ then its _____. Group of answer choices rise; output increases fall; best-response curve shifts

rise; forced out of the oligopoly fall; price falls
Business
1 answer:
ziro4ka [17]2 years ago
7 0

If a firm's marginal costs <u>fall</u>, then its <u>price falls.</u>

This is based on the principle that if the marginal cost of a product or firm rises, that implies that the firm is operating at a high fixed cost, thereby leading to an increase in the cost of production, which generally equates to products having a high price.

On the other hand, where there is low marginal cost, production costs reduce because the products are being produced at a lower fixed cost. Thereby leading to lower prices.

Hence, in this case, it is concluded that "If a firm's marginal costs <u>fall</u>, then its <u>price falls</u>."

Learn more here: brainly.com/question/10474336

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_____ data exist in the format in which they were collected.
o-na [289]
Unstructured  
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4 0
3 years ago
The role of finance in healthcare has increased in importance over time because the finance function must support a multitude of
kumpel [21]

Answer:

True

Explanation:

The finance function is a shared function, it supports almost all the sections in a business enterprise. the role of finance in health cuts across all departments.

In the area of cost containment, the finance unit is the cost leader, it is the unit that lead and drive any cost control measure in an organization and healthcare sector is an exception.

The finance section participates directly and also provides the financial data that helps in negotiating with suppliers and demanding for various kinds of discounts and rebates.

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The budget and budgetary control that drives operation of the heath sector is handled by the finance unit.

3 0
3 years ago
One of the most important factors in forming a successful venture in China is guanxi, which means ________.
Agata [3.3K]

One of the most important factors in forming a successful venture in China is guanxi, which means personal relationships.

<h3>What is Guanxi?</h3>

Guanxi is a term that can be translated informally as social networks or personal ties. It operates on a personal, familial, social, business, and political level and entails mutual trust and duties between partners. One's influence and capacity for action are influenced by having good, bad, or no guanxi.

Guanxi is still significant while conducting business in China, but a number of considerations suggest that it may start to lose some of its significance. These include the opening up of the Chinese market, foreign direct investment, "guanxi learning" by foreign businesses, and internet intermediaries.

To know more about Guanxi refer to:  brainly.com/question/26541981

#SPJ4

6 0
2 years ago
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creativ13 [48]

If this is a true/false question, the answer is FALSE.

It is consumers' responsibility to report fraud when it occurs.

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3 years ago
Method of Least Squares, Developing and Using the Cost Formula The method of least squares was used to develop a cost equation t
liberstina [14]

Answer:

Total cost of receiving 8000 parts: 2878700

Detailed solution is given in tabular form below:

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3 years ago
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