Consider a perfectly competitive market described by the supply function P = 20 + 0.1Q and demand function P = 80 - 0.3Q. If the market is in equilibrium, then an individual firms total revenue (TR), average revenue (AR) and marginal revenue (MR) functions are:

Answers

Answer 1
Answer:

The correct answer for the question that is being presented above is this one: "P = $65 and Q = 150." Consider a perfectly competitive market described by the supply function P = 20 + 0.1Q and demand function P = 80 - 0.3Q. 


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Explain the following statement: Although the balance sheet can be thought of as a snapshot of a firm’s financial position at a point in time, the income statement reports on operations over a period of time.

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Answer:

The balance sheet shows the financial position on a specific date. It provides a snapshot of the asset, liabilities and equity position of the company.

whereas in case of income statement it shows the revenues and expenditure incurred during a period of time.

Explanation:

Edward is considering a career managing his family's citrus grove. Which club might he be most interested in based on his career goals? HOSA: Health Occupations Students of America TSA: Technology Student Association FFA: An association of Agriscience and Natural Resources students CECF: Cooperative Education Clubs of Florida

Answers

i think it would be FFA because that has to do with agriculture and farming etc. hope i helped!

Answer:

Obviously FFA

Explanation:

What is the failure rate for a franchise? A. 5 percent B. 30 percent C. 50 percent D. 15 percent

Answers

ANSWER:

A. 5

STEP-BY-STEP EXPLANATION:

A few experts deciphered the information to state that over a five-year stretch, 5 percent of units shut. Flip that around, and you have the detail that establishments have a 95 percent achievement rate over a given five years. Here's the trick: The information was not inspected, and since franchisors picked whether to address the inquiries, all things considered, the pool of respondents included more fruitful establishments than ineffective ones.

A. 5 percent
:)
hope it helps

Funsase, a clothing company in Rockbourne, manufactures clothing with micro-cool, a special type of fabric that can absorb heat and keep the individual wearing the clothes cool in the summer. None of its competitors have been able to manufacture this type of clothing. This ability of producing superior quality clothing is the company's _____.

Answers

Answer:

Distinctive Competence.

Explanation:

As Funsase is a clothing company in Rockbourne which manufactures clothing with micro-cool, a special type of fabric that can absorb heat and keep the individual wearing the clothes cool in the summer. None of its competitors have been able to manufacture this type of clothing. This ability of producing superior quality clothing is the company's distinctive competence. Distinctive competence can be defined as those actions, activities or parts of the business which one firm does quite well than its competitors. It means that if one business is doing something better than their competitors, than it is certainly having a competitive advantage over its competitors. In order to achieve competitive advantage, a firm must either perform its activities in a different way or it should perform totally different activities as compared to their competitors. This is the basic essence and logic behind getting a sustainable competitive advantage.

Genovese Contracting, Inc., agrees to build a warehouse for Hawthorne Wholesale Distributors. When Genovese runs into the types of difficulties that contractors ordinarily confront, Hawthorne agrees to pay extra compensation to over-come them. Regarding the agreement to pay more, a court would likely​;1: enforce it.
2: ​rescind it.
3: order the parties to renegotiate it.
4: not enforce it.​

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Answer:

4: not enforce it.​

Explanation:

It may be stated that the court does not exercise this additional agreement in this particular case based on the information provided in the question. This is due to the fact that it is not directly clear for payment. Because they make extra payments for the Genovey contract, they try to overcome the odds, and if these limitations are beyond their control they cannot do so.

_______ is the process of attempting to locate & encourage potential applicants to apply for existing or anticipated job openings. Recruitment
Selection
Compensation
Placement

Answers

Recruitment is the answer. Recruitment: the action of finding new people to join an organization or support a cause.