Afirm purchases an input (factor of production) in a competitive factor market at a price of $27 per unit. at the current level of use, the factor's marginal product is 3. the firm sells its output in a competitive market at a price of $20 per unit. from this information, assuming the firm wants to maximize its profit, we can conclude that the firma. should decrease production of its product. b. should decrease the price of its product. c. should increase production of its product. d. is currently at the profit-maximizing point.

Personal financial planning is the process of creating and achieving financial goals? true or false

Which of the following statements is true regarding the reporting of outside interests and the management of conflicts? investigators are responsible for developing their own management plans for significant financial interests. the institution must report identified financial conflicts of interest to the u. s. office of research integrity. investigators must disclose their significant financial interests related to their institutional responsibilities and not just those related to a particular project. investigators must disclose all of their financial interests regardless of whether they are related to a research project.

Frolic corporation has budgeted sales and production over the next quarter as follows. the company has 4100 units of product on hand at july 1. 10% of the next months sales in units should be on hand at the end of each month. october sales are expected to be 72000 units. budgeted sales for september would be: july august september sales in units 41,500 53,500 ? production in units 45,700 53,800 58,150