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Revenue is directly proportional to the production. Higher the production, more the revenue would be.
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∙ 14y ago
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A monopolist will set its production at a level where marginal cost is equal to?
A monopolist will set production at a level where marginal cost is equal to marginal revenue.
How can company increase revenue?
Reduce cost production
Marginal revenue equals?
marginal cost of production
How does elasticity of demand influence tax revenue?
Elasticity of demand influenced tax revenues
Factors that influence heat production?
energy, sun
A monopolist will set its production at a level where marginal cost is equal to?
A monopolist will set production at a level where marginal cost is equal to marginal revenue.
What is the influence of breeding milk in production?
There's no such thing as "breeding milk" so it has no influence on or in production.
How can company increase revenue?
Reduce cost production
Marginal revenue equals?
marginal cost of production
When a firms revenue from sales exceeds its cost of production it will earn?
Profit
Is a company earnings are the same as its revenue?
A company's earnings are equal to revenue less costs of production over a given period of time.
If marginal revenue is greater than marginal cost the firm should?
If MR is greater than MC, the firm should increase their production. The ideal amount of production is determined by allowing the marginal cost to equal the marginal revenue.
Government spending and revenue collection used to influence the economy is referred to as what?
Fiscal Policy
How does elasticity of demand influence tax revenue?
Elasticity of demand influenced tax revenues
Factors that influence heat production?
energy, sun
What is the difference between revenue and expenses?
Revenue expenditure are those for which company has spend money but not yet took the benefits of them as soon as company take benefits of those expenditure, it become expanse. For Example: Inventory purchase for 3 months of production is revenue expenditure but when this inventory utilized in production then the portion of utilized inventory become expanse.
What factors influence the types of production a business should use?
the factors that influence the types of production a business should use are:-the size of the market,the type of production demanded,technological aspects of the product that is demanded andis it able to be produced by using the flow production method.
