1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lakkis [162]
2 years ago
7

The price of a competitive firm's product is $50 per unit. The firm currently has marginal cost equal to $40. To maximize profit

s, what should this firm do
Business
1 answer:
Karo-lina-s [1.5K]2 years ago
6 0

Answer:

should increase its output

You might be interested in
Self-directed teams will generally ______.
NARA [144]

A self-directed work team (SDWT) is a group of people who are responsible for an entire business operation. There us generally very little input from a manager or supervisor.

Self-directed teams will generally not report to a manager.  Correct answer: D

These teams are empowered to make the decisions needed to manage themselves on a day-to-day basis

4 0
2 years ago
Read 2 more answers
Labor unions want _____ wages for employees, but producers could earn more profits by offering _____ wages.
andrew-mc [135]
Labor unions want higher wages for employees, but producers can earn more profits by offering lower wages.
4 0
3 years ago
Read 2 more answers
Prestwich Corporation has two service departments and two operating departments. Costs of the Building and Grounds service depar
shepuryov [24]

Answer:

$20,880

Explanation:

Under the direct method we ignore services that are provided to the other service departments.

In order to allocate the building operation costs to Operating department A, we need to determine what percentage of the building space taken up by Operating departments is used by Operation Department A.

There is a total of 50000 square feet and Operating Department A occupies 60%(30000/50000 of that.

So Operating Department A will get 60% of the building costs

  i.e., 60% × 34800 = 20,880

7 0
3 years ago
The following transactions were made by Ruby Inc. last year:
Juliette [100K]

Answer:

OPtion (C) is correct.

Explanation:

Given that,

Issuance of common stock = $100,000

Dividends paid to the company's stockholders = $2,000

Depreciation expense = $6,000

Repayment of principal on bonds = $40,000

Proceeds from the sale of the company's used equipment = $39,000

Purchase of land = $230,000

Cash flow from financing activities:

= Issuance of common stock - Dividends paid to the common stockholders - Repayment of principal on the company's own bonds

=  $100,000 - $2,000 - $40,000

= $58,000

Therefore, the net cash inflow from financing activities is $58,000.

8 0
3 years ago
Wayne grants his cousin, Vinnie, a franchise in Wayne's local sandwich shop. Wayne writes the agreement so that he controls ever
aliya0001 [1]

Answer:

<u>Agence law.</u>

Explanation:

Agency law can be defined as an area of ​​commercial law that deals with the relationship between a party that has legal authority to act in place of another, called an agent.  The agent can be an individual, or some partnership or corporation. The agent deals with contractual, almost contractual and non-contractual fiduciary relationships.

The powers of the agency's law are to deal with contractual, almost contractual and non-contractual fiduciary relationships involving an agent.

3 0
2 years ago
Other questions:
  • Bond price volatility varies directly with the term to maturity and directly with the coupon. Group of answer choices True False
    7·1 answer
  • . "The nature and purpose of the public sector result in a unique organizational characteristics". Discuss
    11·1 answer
  • S takes out a health insurance policy which contains a provision that states that the agent does not have the authority to chang
    7·1 answer
  • Cashier's checks are generally required for
    8·1 answer
  • An object of mass M is dropped near the surface of Earth such that the gravitational field provides a constant downward force on
    7·1 answer
  • 3. The USD depreciates 2% versus the JPY. The USD appreciates 1% versus the MXN. What is the approximate appreciation or depreci
    12·1 answer
  • What is the pricing strategies used to market the product​
    7·1 answer
  • Reddy Corporation has collected the following data for the month of June: Actual total factory overhead incurred $61,150 Budgete
    15·1 answer
  • A bank is negotiating a loan. The loan can either be paid off as a lump sum of $100,000 at the end of five years, or as equal an
    9·1 answer
  • Discuss this statement: "Business competition encourages improved product quality and increased customer satisfaction
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!