1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marrrta [24]
2 years ago
10

A farmer sells wheat at a price of $5 per bushel. If the farmer sells 100 bushels, his total revenue is ________ and his average

revenue is __________.it cannot change its quantity of output. a.$50; $5 b.$500; $5 c.$500; $50 d.$5,000; $500
Business
1 answer:
MissTica2 years ago
8 0

A farmer sells wheat at a price of $5 per bushel. If the farmer sells 100 bushels, his total revenue is $500 and his average revenue is $5 .it cannot change its quantity of output.

Revenue, which is determined by multiplying the average sales price by the quantity of units sold, is the money made from regular business operations. The top line (or gross income) figure is what is used to calculate net income by deducting costs. Sales are another name for revenue in the income statement.

The amount made per unit of output is referred to as average revenue. In other words, it is the money the seller makes from each commodity unit that is sold. Divide the entire revenue by the total output to get the average revenue for a company.

Learn more about Revenue here  brainly.com/question/16232387

#SPJ4

You might be interested in
POINTS!!!!!!!!!!!!!! BRAINLIEST AND 20+ POINTS!!!
bekas [8.4K]

Answer:

B

Explanation:

I think you've already figured this out for yourself, but I thought I'd answer anyway and maybe clarify some things.

Supply is the total amount of a <u>good or service</u> that is available to consumers.

  • Think about it: goods are physical things bought and sold, like apples. Services are actions done for another person, like taxi driving or renting a used car.
  • None of the other answers make sense: a "device" is not a strictly defined term in economics; an "industry" can't be available to consumers, and a "warranty" isn't applicable.
4 0
3 years ago
Read 2 more answers
There are several methods used to classify restaurants, experts agree that the two main categories of restaurants would be:
ludmilkaskok [199]

Answer:

independent, chain are the answer

Explanation:

3 0
2 years ago
Bank reserves are $200, the public holds $1000 in currency, and the reserve-deposit ratio is 20%. What is the Value of Bank Depo
Alja [10]

Answer:

What is the Value of Bank Deposits?

bank deposits = bank reserves / required reserve ratio = $200 / 20% = $1,000

What is the Money Supply?

money supply = bank deposits + currency held by the public = $1,000 + $1,00 = $2,000

Suppose that the Fed sells $50 worth of bonds in an "open market sale." Assuming that the public does not wish to change the amount of currency it holds, what is the new money supply after this open market purchase?

if the FED sells $50 worth of bonds, money supply will decrease by $50 x (1 / 20%) = $50 x 5 = $250

total money supply = $2,000 - $250 = $1,750

6 0
3 years ago
How much federal tax is deducted from the paycheck.
jok3333 [9.3K]

Answer:

The standard deduction is a specific dollar amount that reduces your taxable income. For the 2021 tax year, the standard deduction is $12,550 for single filers and married filing separately, $25,100 for joint filers and $18,800 for head of household.

Explanation:

3 0
2 years ago
The City of South River budget for the fiscal year ended June 30, 2020, included an appropriation for the police department in t
Eduardwww [97]

Answer:

CITY OF SOUTH RIVER

APPROPRIATION (appr), EXPENDITURES (expend), AND ENCUMBRANCES (encum) LEDGER

GENERAL FUND: PUBLIC SAFETY - POLICE

MONTH: JULY, 2020

Tran

-  Refer  -  App  -     Encum  -   Expend  -  Unexpended App Balance

1       Budget   -8706000      -              -                     8706000

2    Purchase

      Orders

      issued          -         533000          -                     8173000

3   Invoice

   received and

   approved for

    payment        -          -496000       486000                8183000

4     Payrolls      -               -                  302000               7881000

5     Budget

   Revision     58000             -                -                         7823000

Total                8648000     37000          788000              7823000

3 0
3 years ago
Other questions:
  • Zokro, a nongovernmental not-for-profit organization, uses the indirect method to prepare its statement of cash flows. In determ
    9·1 answer
  • Porches, Inc. sells lawn furniture. Selected financial information for the most recent year is as​ follows:Beginning merchandise
    10·1 answer
  • Communication involves the transfer of meaning. however, for communication to be successful the meaning must not only be imparte
    7·1 answer
  • Advertising refers to any paid form of personal communication about an organization, product, service, or idea by an identified
    13·1 answer
  • At the beginning of a recent year, JetBlue's assets were $6,549 million and its equity was $1,546 million. During the year, asse
    12·1 answer
  • There were several reasons why the South was especially suited to produce cotton on a large scale. According to the course mater
    14·1 answer
  • Information on Wolfen Company's direct labor costs for the month of January follows: Actual direct labor rate $5.00 Standard dir
    6·1 answer
  • Consider the following information for three stocks, A, B, and C. The stocks' returns are positively but not perfectly positivel
    5·1 answer
  • The data for demand curve D indicate that at a price of $0.30 per Greebe, buyers would be willing to buy __________ million Gree
    15·1 answer
  • Choose the correct alternative regarding tax revenue:
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!