You supply a good at a price of $5. You also earn a profit at this price. This means that your marginal cost could be _____.

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Answer 1

Answer: You supply a good at a price of $5. You also earn a profit at this price. This means that your marginal cost could be less than $5.
Hope it helps.

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How do you do you do a budget
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How many McDonald's are there in the whole world?
Internal control is a process designed to ensurereliable financial reporting.effective and efficient operations.compliance with applicable laws and regulations.Internal control is designed to ensure all of the items described in the answers.
Select the true statement(s) about entrepreneurs.Entrepreneurs usually wind up making a lot of money. A small 4 owner may be an entrepreneur and a producer. Entrepreneurs believe they can make a profit from their invention. Entrepreneurs usually work longer hours than most people.

Price ceilings are created to keep products affordable for consumers.Answer a. True
b. False

Answers

Answer : a. True

It is true that price ceilings are created to keep products affordable for consumers. Price ceilings are set by the government. It is a government initiative to regulate the prices of commodities, products and services in the market to protect the consumers' interests and rights. In deciding the price ceiling, it must be considered that it should be below the natural market equilibrium. Legally, the prices can't just be raised suddenly but must follow certain legal and business procedures.

Which of the following is an example of a strength of using a database?Databases only allow one person to access data at a time, which reduces user error.

Databases only allow local access, which reduces the threat of information being stolen.

Databases increase the power of the operating system, which can make your work faster.

Databases can be used to track information related to your business, which could increase profits.

Answers

D, Databases can be used to track information related to your business, which could increase profits; This is the primary purpose of a database so this would be the best answer.

1. When you perform a budget analysis you compare a projected budget" with a/anbudget.
A. Overestimated
B. Actual
C. Inflexible
D. Estimated

Answers

Answer:

B. Actual

Explanation:

The budget analysis involves a comparison of the projected revenue and expenses against the actual performance. The budget analysis seeks to find out and understand any resultant variance. Budgets are prepared at the beginning of a period, but the budget analysis happens after the period is concluded.

A budget analysis helps determine if the organization achieved its objectives in the period under review. It helps point out areas of strength and weakness in the business.

Which of the following is NOT a part of the free enterprise system?a. Private Property c. Freedom of Choice

b. Competition d. Government Regulation

Answers

The correct option for the following which is NOT a part of the free enterprise system is D. Government Regulation

What is a free enterprise system?

A free enterprisesystem is the freedom of people and companies to law. It permits people and businesses to create, produce, are capable and inclined, enterprising people produce items and offerings for produce and sell goods and offerings. on this gadget, no person forces human beings they trust to be excellent for them.

Conclusion: consumer preferences and spending conduct are the main drivers of business choices, now not authorities rules and intervention. Your selection to open a coffee store, begin a web business, or pick out to emerge as a health practitioner are all examples of an unfastened organization device at work.

Learn more about the free enterprisesystem here brainly.com/question/3369578

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d. government regulation is the answer

Justify the reasons why businesses use team dynamic theories to understand team performance

Answers

Study shown that Team performance tend to increased if each of team members synergized with each other.

Team dynamic often measures the psychological factors that drive the team together. Positive team dynamics tend to bring an increase for the team performance and increasing the company's productivity as a whole

The key to success in the "prisoner's dilemma" game is to always be competitive. withdraw when one's partner chooses a competitive response. trust one's partner. respond randomly.

Answers

Answer:

trust one's partner.

Explanation:

The Prisoner's Dilemma is a game well known among Game Theory, it refers to the decision making of individuals in a context of interaction with other people, where the key to success is to trust your partner, so that you can win the game . In this type of game we are able to insert ourselves in different situations that occur in everyday life or, even, in the corporate world.

In it we have the following situation:

Two suspects are arrested, but the police do not have enough evidence to convict them. These suspects stay in separate cells and have no contact whatsoever, so they need to decide between cheating or cooperating with the police and this has some advantages or consequences.

The key to success in the "prisoner's dilemma" game is to

c) trust one's partner.

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Tonya consumes 40 steaks a year when her yearly income is $40,000. After her income falls to $35,000 a year, she consumes only 35 steaks a year. Calculate her income elasticity of demand for steaks.

Which loan will typically offer the lowest interest rate?

If Ted wants to buy a house and believes that interest rates will rise, he should __________. apply for a fixed-rate mortgage apply for an adjustable-rate mortgage use his credit card wait until a better time