Economic stability is a benefit of technological advances.<br> a. True<br> b. False

Which of the following statements is not correct?

Korvikt [17]

Answer:

B) To maximize profit, firms should produce at a level of output where price equals average variable cost

Explanation:

Firms maximize their profit by equating Marginal revenue with The Marginal cost. So, since for perfectly competitive firms, the price equals the Marginal revenue, for these firms profit is maximized by equating Price with Marginal cost not the average variable cost.

8 0

4 years ago

Raven Corporation owns three machines that it uses in its business. It no longer needs two of these machines and is considering

AleksAgata [21]

Answer:

A.If Raven distributes Machine A, the result will be a NONDEDUCTIBLE LOSS of $7,000

B. If Raven distributes Machine B, the result will be NO GAIN OR LOSS OF $0

C. If Raven distributes Machine C, the result will be a TAXABLE GAIN of $8,000

D.Therefore to PRESERVE THE LOSS on Machine A, Raven should consider SELLING Machine A. Raven should consider distributing Machine B because there will be NO RECOGNIZED GAIN OR LOSS on the distribution. To AVOID RECOGNIZING THE GAIN on Machine C, Raven should consider NEITHER SELLING NOR DISTRIBUTING Machine C

Explanation:

A. If Raven distributes Machine A, the result will be a NONDEDUCTIBLE LOSS of $7,000

Calculation as

(20,000 – 27,000) =-$7,000

B. If Raven distributes Machine B, the result will be NO GAIN OR LOSS OF $0

Calculated as :

(20,000-20,000)=$0

C. If Raven distributes Machine C, the result will be a TAXABLE GAIN of $8,000

Calculated as:

(20,000-12,000)=$8,000

D.Therefore to PRESERVE THE LOSS on Machine A, Raven should consider SELLING Machine A. Raven should consider distributing Machine B because there will be NO RECOGNIZED GAIN OR LOSS on the distribution. To AVOID RECOGNIZING THE GAIN on Machine C, Raven should consider NEITHER SELLING NOR DISTRIBUTING Machine C

6 0

3 years ago

Before opening his own business, Tanaka was writing a

Len [333]

This document is known as Business plan. A business plan stands as a formal written document including the objectives of a business, the strategies for attaining those goals, and the time frame for the attainment of the goals.

<h3></h3><h3>What is business? </h3>

Business exists as the activity of creating one's living or earning money by producing or buying and selling products. It stands also for "any activity or enterprise joined into for profit.".

A business exists described as an organization or enterprising entity encountered in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations. Business classes range from limited liability businesses to sole proprietorships, corporations, and partnerships.

A business plan stands as a formal written document including the objectives of a business, the strategies for attaining those goals, and the time frame for the attainment of the goals. Good business plans should contain an executive resume and sections on products and services, marketing strategy and research, financial planning, and a budget.

A business plan stands as a very significant and strategic tool for entrepreneurs. A good business plan not only allows entrepreneurs to focus on the specific actions essential for them to create business concepts succeed, but it also enables them to achieve short-term and long-term purposes.

To learn more about Business refer to:

brainly.com/question/18307610

#SPJ9

4 0

2 years ago

Grand-cola spends $3 on direct materials, direct labor, and variable manufacturing overhead for every unit (12-pack of soda) it

Setler79 [48]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Q=15 million

Q*=25 million

Unitary variable cost= $3

Fixed manufacturing overhead costs $3million per year

A) For Q:

Total cost= 3000000+15000000*3= $63000000

B) Average cost per unit=63000000/15000000=$4.2

C) Fixed cost per unit= 3000000/15000000= $0.2

D) Q*=25000000

Total cost= 30000000+25000000*3=$78000000

E) Fixed cost per unit= 3000000/25000000= $0.12

D) It decreases because the fixed costs are distributed by more units.

3 0

3 years ago

What are some of the strategies that you currently use to make consumer

horsena [70]

<u>Answer:</u>

Consumer behavior considers numerous reasons why individual, situational, mental, and social individuals look for items, purchase, use, and afterward discard them.

Evaluative criteria are positive qualities that are imperative to you, for example, the cost of the knapsack, the size, the number of compartments, and shading. A portion of these attributes are valued highly as compared to others. For instance, the size of the rucksack and the cost may be more imperative to you than the shading except if, state, the shading is hot pink, and you despise pink.

8 0

3 years ago

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Economic stability is a benefit of technological advances. a. True b. False