Trout Incorporated (Inc.) sells trout in a perfectly competitive market. Trout Inc. is able to sell trout for $ 200 per unit. In this market, there are 2000 firms competing with one another. Last year, Trout Inc. was able to earn an economic profit of $ 1 , 000 , 000 . The firm has purchased a permit to fish this season, insurance in case one of their workers gets hurt on the job, and a boat. Together, these items represent all of the firm's fixed costs and sum to $ 100 , 000 . Last year, Trout Inc.'s total revenue was $ 1 , 300 , 000 . What is the marginal revenue per unit for this firm?

answer; (d) i believe that the correct answer is ; /// a new invention lowers the cost of production;

hi i’m a student too and i’ve had this app downalodes for a few weeks people do answer it you just gotta be patient and what is your question + subject i’ll you?

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.