Marginal revenue:
A. is the change in total revenues resulting from a change in output....
Business, 21.03.2020 05:07, Robloxdemonduckyt
Marginal revenue:
A. is the change in total revenues resulting from a change in output.
B. cannot be effectively utilized when analyzing the perfect competitor.
C. is a change in revenue that is immeasurable and non-quantifiable.
D. cannot be used to determine the profit-maximizing rate of production.
Answers: 2
Business, 22.06.2019 11:40, sabrinabowers4308
Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes
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Business, 22.06.2019 14:00, bosskid361
Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate
Answers: 1
Business, 23.06.2019 01:30, zayeboyd4436
Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?
Answers: 3
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