2020alexanderchristo 2020alexanderchristo
  • 20-12-2018
  • Social Studies
contestada

How can firms use marginal analysis to determine the price of a product?

Respuesta :

njraffin
njraffin njraffin
  • 20-12-2018

Firms can use marginal analysis to dispose the price so the profit maximization occurs. They can reach that from the analysis of fixed costs, variable costs and knowing the real price of the product in the market.  Keep in mind that if the total of the costs is very close to the price of the product in the market there will be no profits.

Answer Link
jaelong61 jaelong61
  • 23-02-2019

Its C. Examining the effect on revenue of small changes to the price of one item

Answer Link

Otras preguntas

which class of molecules is responsible for speeding up chemical reactions
Which of the following is a reason why more than 5,000 blacks fought on the American side during the Revolutionary War?
what is 9.35 in simplest form
how did the collapse of the western roman empire influence Justinian reign?
89/200 as a decimal and percent
which part of English society was completely exempted from restrictions under the Magna Carta
Describe how fossils help us understand the past
Ben needs to buy orange juice. He can buy 64 fl oz at the grocery store for $2.00, or he can buy 256 fl oz at the wholesale club for $7.50. A)Find the unit pric
what two large islands comprise the British Isles?
The natural tendency of molecules to move from higher to lower concentrations is