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Roman55 [17]
3 years ago
14

For this assignment, you will produce a marginal cost analysis graph and create a scenario that explains where the firm should s

et price and quantity levels. Step One: Launch the data generator to get started. Print or copy the data table before continuing to step two. Step Two: Determine a product market (a specific good or service) appropriate to the prices listed. Make this the title of your graph and data table. Step Three: Calculate the marginal revenue, marginal cost, and profit for each quantity level. Fill in the data table. If you need help with this step, review this case study. Step Four: Create a graph of the data. Quantity is along the x-axis and price is along the y-axis. Graph the marginal revenue curve and the marginal cost curve. Correctly label the x axis as quantity and y axis as price. Based on the data from your table, graph the marginal revenue curve. Label the curve MR. Based on the data from your table, graph the marginal cost curve. Label the curve MC. Step Five: Answer the following reflection questions. You will submit your responses with your data table and graph to your instructor. What product market did you choose for this data to represent? Explain why. At which price and quantity does marginal cost nearly equal marginal revenue without exceeding it? Highlight this point on your graph. If you were in business for this product, at which price and quantity level would you sell? Explain why.
Business
1 answer:
Kamila [148]3 years ago
4 0

well what you can do first is

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Which of the following is true of general-purpose financial statements?
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The option that tells us the truth about the general purpose financial statements is that, They provide important information at the least cost.

<h3>What is meant by the general purpose financial statement?</h3>

The term general purpose financial statement is used to refer to the financial statements that re used in the provision of information about the operations and the financial standing of a company or an organization. It also tells us of the cash flow that the organization is having.

Hence we can say that The option that tells us the truth about the general purpose financial statements is that They provide important information at the least cost.

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2 years ago
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Inga [223]

Answer:

Segmentation based on product usage

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3 years ago
Assume that a family spends 35 percent of its income on housing, 20 percent on travel-related expenses, 10 percent on utilities,
hoa [83]

Answer:

The correct answer is housing.

Explanation:

A family spends 35 percent of its income on housing, 20 percent on travel-related expenses, 10 percent on utilities, 25 percent on health care, and 5 percent on miscellaneous items.

The item which has the largest share in the budget will be most responsive to change in the price. In other words, we can say that the item that has the largest share in the budget will be most price elastic.

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Westkost [7]

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ture

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technology is here to solve your problems

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