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When a firm makes a profit by producing enough good to meet demand without having leftover supply at what point is it?

When a firm makes a profit by producing enough goods to meet demand without having leftover supply the point of profit is where marginal revenue equals marginal cost.


When a firm makes a profit by producing enough goods to meet demand without having leftover supply at what point is it?

When a firm makes a profit by producing enough goods to meet demand without having leftover supply the point of profit is where marginal revenue equals marginal cost.


When a firm makes a profit by producing enough goods to meet demand without having left over supply what point is it?

When a firm makes a profit by producing enough goods to meet demand without leftover supply, it is operating at the equilibrium point. At this point, the quantity supplied equals the quantity demanded, leading to efficient resource allocation and maximizing profit. Additionally, the firm is likely covering its costs and achieving optimal production levels. This situation reflects a balanced market where neither excess supply nor unmet demand exists.


What means producing just enough to meet the families needs with little leftover to sell or exchange?

Producing just enough to meet a family's needs with little leftover to sell or exchange is referred to as subsistence farming or subsistence agriculture. In this system, families grow crops and raise animals primarily for their own consumption rather than for profit. This approach often focuses on self-sufficiency and sustainability, ensuring that basic needs for food, shelter, and clothing are met without surplus for trade. It can be vulnerable to fluctuations in environmental conditions and market demands.


What do you do when you are subsisting?

merely producing exactly enough for you and those you support, sustainably, without outside interaction.


What happend to 22 long ammo?

There is currently far more demand than supply. People are still hoarding it or the manufacturers are not producing enough.


How long does leftover pork stay good enough to eat after it's cooked?

Leftover pork should be good for 3 to 4 days, refrigerated.


What happens if there is not enough supply for the demand?

If there is not enough supply for the demand, the demand won´t be able to buy the supply


Why was Vaseline's first aid antiseptic antibacterial petroleum jelly taken off the market?

According to Unilver, there was not a great enough demand for the product in order to keep producing it. Instead they decided to focus on the production of other products that were in greater demand.


Why monopolistic firm produce more?

When there is no competition, the amount you can produce is dictated by the demand, while when there is competition, part of the demand is met by the competition and you can only sell enough to meet the remaining demand, thus without competition a firm looks like making more, but in reality does not.


What is the Definition of Sufficient Demand?

The amount of Demand that is Sufficient enough for the Business or Product


When plant is not strong enough to support its own weight what is most likely the problem?

The plant is not producing enough cellulose