0
What is the disadvantage of stand alone revenue allocation method?
Wiki User
∙ 13y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Difference between average revenue and marginal revenue?
"Average revenue", for a specific level of sales, is the total revenue divided by the number of units sold, or in other words, revenue per unit, or, simply, "price". This average is over the entire sales in a given time period, market, etc. "Marginal revenue" is "average revenue" evaluated at every possible level of sales. You see, the more you sell, the lower the price will be, according to the law of demand. If you sell 1,000 widgets, you may get $1 apiece for them, but if you sell 10,000 of them, you may have to lower the price to 90 cents to sell them all. Of course, if the market is perfectly competitive (you have lots of competitors selling widgets), then you alone can't affect the price very much with your change in output, and the Marginal Revenue is, essentially, constant, at least over the relevant range of level of sales. However, even in perfect competition, you could, theoretically, increase your sales so much that you dominate all of your competitors, and then you would have to lower your price to sell all of your widgets. The thing is, under perfect competition, everyone is operating exactly at the level of sales where marginal cost is equal to marginal revenue, so if your marginal revenue goes down, your marginal profit becomes negative. So you won't do that. In fact, this concept of marginal revenue (when compared to marginal cost) is exactly the mechanism that ensures you don't try to dominate a perfectly competitive market. (If the market is a monopoly, or oligopoly, however, all bets are off. For that matter, even if a market is otherwise perfectly competitive (large number of firms) but entry and exit are not free (say, large start-up costs), a firm with deep enough pockets can put everyone else out of business by over-producing for a while and driving the price down to where all firms are losing money, then raise the price back up, to even above the previous price, once it becomes a monopoly.)
When the government has laissez faire economic policies what are they doing about business?
leaving it alone
How much corn does Indiana alone produce?
2
What happens with laissez-faire econmic policies?
Leaving it alone.
Which phrase best defines laissez-faire?
to leave alone and let be
What is the disadvantage of single?
The disadvantage of being single, is that after a while you have the feeling of being alone. You don't always want to be alone, so you don't want to be single all the time
What is a disadvantage to using tables?
it is often difficult to solve complicated problems alone
Advantages and disadvantages of individual and group counseling?
An advantage of a study group is that someone may point out something that you may have missed. A disadvantage of a group is that you may not get anything done. An advantage of studying alone is quiet. A disadvantage of studying alone is that you may miss something.
What are the disadvantages of rehearsing an interview alone and rehearsing with a friend?
disadvantage of rehearshing with afriend might not be that effective as it can be biased in nature.
What are the advantages and disadvantages of business entity concept?
The advantage of the sole proprietorship is that the owner of the business enjoys all the profits alone. The disadvantage is that the owner of the business bares all losses alone.
When will the IRS leave you alone?
The Internal Revenue Service will leave taxpayers alone when they accurately and completely file their tax returns in a timely manner and pay their taxes when they are due. The majority of American taxpayers have never been contacted by the Internal Revenue Service. The only time the IRS contacts people is to inform them of an issue with their taxes.
Using the piling method what can be constructed from polygons alone?
pyramid (not including the vertex) Prism
Disadvantages of online initial assessment?
Some disadvantages of online initial assessment include potential technological challenges that may hinder communication or data collection, limited non-verbal cues that may affect the accuracy of assessments, and concerns regarding data privacy and security. Online assessments may also lack the personal touch and rapport building that can occur during in-person interactions.
What are the disadvantages of BBBEE?
The disadvantage of the Broad Based Black Economic Empowerment is that it is discriminative as it is an initiative for the blacks alone. It is one initiative that is not supported by all races.
What are the advantages and disadvantages of travelling alone?
an advantage would that it would look cool a disadvantage would be that you would have to keep a catious look out for indians trying to capture you
What are the advantages and disadvantages of networks compared to stand alone systems?
A disadvantage is that in networks,anything happening to the host computer directly disrupts the working of other computers in the network. An advantage is that it enables multi-users at a time unlike stand alone.
What is the appropiate method of erosion for the Grand Canyon?
Just leave the Colorado River alone and it will take care of the task.
