Ask Question
Social StudiesSocial Studies
29 January, 11:08

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

+4
Answers (2)
  1. 29 January, 11:16
    0
    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.
  2. 29 January, 14:45
    0
    Its C. Examining the effect on revenue of small changes to the price of one item
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How can firms use marginal analysis to determine the price of a product? ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Sydney has been labeled an "alpha city." what is an alpha city? a. a city that has a population over one million b. a city that is an important hub in the global economic system c. a city that has the potential for becoming a capital city d.
Answers (1)
What are some of the characteristics of safe vs. "at risk" drivers? A. Safe drivers only pay attention to the road A. Safe drivers only pay attention to the road B. Speeding.
Answers (1)
Valerie has decided to purchase her first home. Before she begins looking at houses, she has chosen to review her budget, and has decided on a very specific number that she is comfortable with for her monthly mortgage payment.
Answers (1)
To hold office as president of the United States a person must meet all the the
Answers (1)
Who was President during World War I?
Answers (1)
New Questions in Social Studies
The actual casting of the ballot by the electors, for President, does not take place until: a. a week after the election c. the middle of December b. the end of November d. early January
Answers (1)
Enlist any five major problems for the cottage industry
Answers (1)
The complex relationship between self-esteem and minority group status is referred to as
Answers (1)
In which of these countries is it considered polite to loudly slurp while eating noodles?
Answers (1)
Why do you think discrimination still existed even after the passage of the Civil Rights Act?
Answers (1)
Home » Social Studies » How can firms use marginal analysis to determine the price of a product?
Sign Up Forgot Password?