Why might buyers be more inclined to purchase a product if it is listed for sale at $49.99, rather than $50? a one-cent reduction significantly changes the budget of most buyers. buyers prefer prices with decimal places over integer prices. the one-cent difference has a significant effect on taxes. the one-cent reduction makes the price seem more attractive.

Which of these is not a result of regular exercise

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.

Describe what fixed costs and marginal costs mean to a company.