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mr Goodwill [35]
2 years ago
14

Total Costs (dollars)

Business
1 answer:
Andrei [34K]2 years ago
6 0

The appropriate labels for Curves N and M in the nearby graph is that the Curve N is total cost and Curve M is total variable cost.

<h3>Why is the curve as stated about?</h3>

Because a fixed cost is constant, this is not shown on the graph, however, the movement of the variable cost impacts directly on the total cost as well but it will be higher.

Hence, the appropriate labels for Curves N and M in the nearby graph is that the Curve N is total cost and Curve M is total variable cost.

Therefore, the Option C is correct.

Read more about total cost

<em>brainly.com/question/5168855</em>

#SPJ1

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Leadership is showing the way to people and making people better.
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Draw a curve that shows the relationship between the tax rate and the amount of tax revenue collected. The relationship between
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Answer:

Laffer curve.

Explanation:

Laffer Curve is developed by

Arthur Laffer. It is used to show the relationship between tax rates and the amount of tax revenue collected by governments of a particular country. Laffer curve is used to demonstrate Laffer’s argument that sometimes cutting tax rates can increase total tax revenue.

Laffer curve shows the relationship that occurs between the tax rate and the amount of tax revenue collected

The relationship between the tax rate and the amount of tax revenue collected is called the​ LAFFER CURVE curve. This curve shows that​ TAX CUT CAN INCREASE TAX REVENUE.

The drawing of a laffer curve has been attached

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2 years ago
For Year 2, Etzkorn Corporation's sales were $1,480,000, its gross margin was $580,000, its net operating income was $63,714, it
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Answer:

Return on equity = Net income/Shareholders' equity x 100

                            = $29,600/$829,000 x 100

                            = 3.57%

The company's return on equity is closest to 3.67%

Explanation:

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3 years ago
Zephyr Inc. sells wind based systems for generating electricity. The company pays no dividends, but you estimate the stock will
-BARSIC- [3]

Answer:

$24.86

Explanation:

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Therefore the price that will be paid for this stock can be calculated as foloes

50= x (15/100^5)

50= x (0.15+1^5)

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Divide both sides by the coefficient of x

= 50/2.0113

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The proper order of the following steps in the accounting cycle is prepare unadjusted trial balance, journalize transactions, po
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Answer:

<em>The Accounting Cycle is as follows:</em>

<em>1. Transactions are analyzed and recorded in the journal. </em>

<em>2. Transactions are posted to the ledger.</em>

<em>3. An unadjusted trial balance is prepared. </em>

<em>4. Adjustment data are asssembled and analyzed. </em>

<em>5. An optional end-of-period spreadsheet is prepared. </em>

<em>6. Adjusting entries are journalized and posted to the ledger. </em>

<em>7. An adjusted trial balance is prepared. </em>

<em>8. Financial statements are prepared. </em>

<em>9. Closing entries are journalized and posted to the ledger. </em>

<em>10. A post-closing trial balance is prepared. </em>

<em />

8 0
3 years ago
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