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alisha [4.7K]
1 year ago
10

A perfectly elastic demand curve implies that the firm: A) must lower price to sell more output. B) can sell as much output as i

t chooses at the existing price. C) realizes an increase in total revenue which is less than product price when it sells an extra unit. D) is selling a differentiated (heterogeneous) product.
Business
1 answer:
dsp731 year ago
4 0

Answer:

A perfectly elastic demand curve means that the firm can sell as much output as it chooses at the current price.

Explanation:

The perfectly elastic demand implies that the demand curve is horizontal line parallel to the X axis. The price is fixed at a point and the firm can sell any amount of output at this point. The demand is infinite at the given price level. If the firm makes any changes in this price level, the demand will become zero.

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1 year ago
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Before lean approaches could be implemented successfully, many North American companies needed to make which changes
qwelly [4]

Answer:

C. Cultural and organizational changes

Explanation:

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1 year ago
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Answer: $80

Explanation:

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2 years ago
Production workers for Chadwick Manufacturing Company provided 3,200 hours of labor in January and 2,800 hours in February. The
Sergeu [11.5K]

Answer:

The insurance cost should be allocated to the products made in January and to those made in February is $8,000 and $7,000 respectively.

Explanation:

For computing the allocated insurance cost, first, we have to compute the per labor rate which is shown below:

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                      = 2,800 hours × $2.5

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1 year ago
What unique things would separate you from other applicants applying for this money?
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