Answer:
Each firm will produce 20 ÷ N units
Explanation:
Given that
Q = 160N − P
MR = 160N − 4Q
TC = 150 + Q2
MC = 4Q
The computation of the number of units that each firm produce is as follows:-
MR = MC
where
MR = 160N − 4Q
And MC = 4Q
Now we equate
So, the equation is
160 ÷ N - 4Q = 4Q
160 ÷ N = 8Q
Q = 160 ÷ 8N
Q = 20 ÷ N
So, each firm will produce 20 ÷ N units.
Answer:
motivate employees to support and contribute to innovation for competitive advantage
The study that tells about the production, usage and distribution of goods and services among the people of the nation is called the economy.
<h3>What is production?</h3>
Production is the process of making finished goods by converting them from its raw materials.
- Economy is referring to the study that describes the manufacturing, consumption and distribution of the goods and services among the citizens of the country. The field which studied about economy is called Economics.
- It could be inclusive of customers, business firms and the government. The customers are the ones who acquire the goods for satisfying his/her wants.
- The business houses are the entities that made the goods and then make it available in the market for sale to the customers. The government is the authority who regulate the equal distribution of goods to each and every people of the country.
Therefore, the economy is briefly explained above.
Learn more about the manufacturing process in the related link:
brainly.com/question/27908364
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Answer:
A. Take $1 million now.
Explanation:
A. If we take $1 million now the present value of the money is $1 million.
B. If we choose to take $1.2 million paid out over 3 years then present value will at 10% will be;
$300,000 + $300,000 / 1.2 + $300,000/ 1.44 + $300,000 / 1.728
$300,000 + $250,000 + $208,000+ $173,611 = $931,944
The present value of option B is less than present value of option A. We should select option A and take $1 million now.
As a strategy, market penetration is used when the business seeks to increase sales growth of its existing products or services to its existing markets in order to gain a higher market share.
