How should we develop the firm’s capabilities and focus its efforts

Q: major tools used for industrial analysis?

A: Industry analysis is a market assessment tool used by businesses and analysts to understand the…

Q: When output increase then difference be- tween TVC and TC

A: # We must first know that the total cost of the firm is the sum of variable and the fixed costs.…

Q: otal cost is equal to average cost times marginal cost. a. True O b. False

A: Answer - True Total cost is equal to average cost times marginal cost.   Explanation Total cost is…

Q: Quantity 0 1 2 3 4 5 6 TC(in $) 5 10 13 18 25 34 45 Calculate MC, AVC, ATC for the firm ?

A: Answer: Quantity Total cost Marginal cost (using total cost) Variable Cost (Using marginal…

Q: Price Marginal cost 0 AVC Average total cost Demand Marginal revenue Quantity Discuss the firm…

A: According to the question here The graph in question  is related to the Monopoly firm where .…

Q: How would you describe the various functions of Management? Consider yourself as a manager of Cherat…

A: Communication is the process in which information is exchanged with each other with the help of any…

Q: Plans that are implemented by middle managers that explain how the company will useresources…

A: Planning is a process of preparing the activities to attain the desired goal.

Q: Critically evaluate why does having relevant industry experience help the founder or founders of a…

A: Economic Growth: It is the financial development of the economy. It can be characterized as the…

Q: what is coasian transaction cost?

A: In environment economics, externalities are caused to any third parties as a result of a transaction…

Q: Difference between market process and traditional process

A: Market process is a type of economic process. According to market process ideology, the market…

Q: What do sales managers need to do to manage theirsales force successfully?

A: The sales force refers to the team of workers who are responsible for the selling of goods, and…

Q: Find the Total Cost, Marginal Cost, Total Revenue, Marginal Revenue, and Profit/Loss. Q TFC TVC TC…

A: TC is calculated using the formula :  TC (Total Cost) = TFC (Total Fixed Cost) + TVC (Total…

Q: What are the different types of costs?

A: Cost is the amount that has to spend for obtaining something. There are different types of costs;…

Q: what tools and techniques are available to improve a firm's profits?

A: There are many tools and techniques available which is used by the firm to improve profit.Following…

Q: able 11-6 Quantity of workers Quantity of foot massages per day Fixed cost Variable cost Total…

A: We have per day fixed cost of message booth..

Q: As a research scholar, Denise had built a helicam as part of her project. The helicam could capture…

A: Coastal Pharma and Brainwave Technologies have together invested and created a new organization,…

Q: According to a recent study, Canada Is one of the cheapest of which to operate a plant. major…

A: Answer- According to recent study Canada is one of the cheapest of fourteen major industrialized…

Q: Impact

A: Before delving into the impact of COVID-19 on sports' businesses, it is important that we understand…

Q: The "Core Business" means the products and markets that a firm dealt with at the time of start-up.…

A: The "Core business" means the product and markets and markets that a firm dealt with at the time of…

Q: what are some of the technical advantages that a firm can benefit from selling their products on…

A: Amazon:Amazon is an international market place which selling their goods and services in different…

Q: conomic profit in the long run. al cost pricing

A: Answer provided below,

Q: What us software

A: Computer refers to the machine which is given instructions by the user in a sequence of logical…

Q: Correct answer Write a detailed on agr-based industries of Pakistan

A: The agro-based industry refers to any practice that involves the cultivation of agricultural and…

Q: ships tions where the ownership and management are separate, as with corpon reduce such problems and…

A: Option A  is correct that is proprietorships  It means that state or right of owing a business It is…

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A: The equations are as follows: min C = 40x+50ySubject to constraints:140x+100y≥1540or…

Q: Explain with example Operating Activities?

A: Cost of production: The cost of production refers to the amount spend or the cost of producing the…

Q: Express the relationships among revenue, cost, profit, and volume?

A: Producer behavior can be assessed by understanding the relationship between revenue, cost, profit,…

Q: What cultural aspects (language, religion, customs) a company must have in the area of ​​technology

A: Technology and culture seems growing with changes in centuries. Its moving together. Technology has…

Q: How does a successful engineering project affect a firm's market value?

A: A successful engineering project result in an increase in the revenue and profit of the firm. Rise…

Q: In which stage of the product life cycle would we expect to see the most attention given to…

A: Product life cycle theory explains the various stages from which every product has to pass during…

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A: Banboo tumbler could be very useful for household chores.

Q: what is single vendor approach?

A: A marketplace is an area where all the buyers and sellers meets in order to transact with one…

Q: what tools and techniques are available for economic engineers to improve a firm's profits?

A: There are many tools and techniques available which is used by the engineers to improve firm's…

Q: Can you help with the three questions on my worksheet that relate to the attached graph? Can you…

A: Marginal product refers to the change in the level of output when the level of input (labor)…

Q: If average costs are decreasing we must have locally: a. IRS b. CRS C. DRS d. Not enough information

A: Firms operating in a market incur fixed costs and variable costs. Fixed costs are the costs that do…

Q: 1) DISCUSS THE COMPARISON BETWEEN 2 COMPANIES WHO RUN THEIR GIG ECONOMY

A: Gig Economy is that economy in which mostly hiring are done for temporarily or for short-run…

Q: MC ATC d = M

A: Answer   The correct option is 'option b' i.e, positive, new firms will enter the industry and…

Q: How Satya Nadella manage and run micorsoft?

A: Nadella has worked his way through a variety of roles at Microsoft over the years, some focused on…

Q: ofit make up and selling costs

A: Formula for  1 . page chant  cost - Dividing the cartridge page yield by the cost of printer…

Q: explains why business should be ethical and why not all businesses are ethical.

A: Business Ethics:  By definition, business ethics allude to the norms for ethically good and bad…

Q: what is the marginal cost of the third unit?

A: Ans. 1.15 Marginal Cost is defined as the change in the total production cost that is generated from…

Q: A good idea when delaing with a company you've never heard of before would be to* study its…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: To compute economic profits, which costs are used?

A: The economic profits of a firm could be estimated by the difference between total revenue and total…

Form Utility

The term utility in general refers to the satisfaction earned from usage of a particular product or service. Utility always plays an important role because it influences various important elements like demand & thereby the price of the good or service as well. Though utility is not easy to measure, various types of economic models can be used indirectly. There can be various types of utilities like economic utility, marginal utility, cardinal utility, form utility.