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2 years ago

The curve that shows the relationship between the total sales revenue and quantity sold is called the:_______.

Business

1 answer:

marusya05 [52]2 years ago

8 0

The curve that shows the relationship between the total sales revenue and quantity sold is called the demand curve

The company accepts the pricing. Additionally, in this scenario, all businesses sell the same kinds of commodities. As a result, although the revenue fluctuates, the price does not. Here, the average revenue curve runs parallel to the X-axis in a straight line. Additionally, in this case, AR = MR.Price multiplied by the number of tickets sold equals total revenue (TR = P x Qd). Consider that the band initially considers a price that will result in the sale of a specific number of tickets. An increase in supply will result in a loss in total revenue when demand is inelastic, but a decrease in supply would result in an increase in total income. A rise in supply will result in an increase in total revenue when demand is elastic, while a fall in supply will result in a loss in total income.

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What line on a production possibilities curve shows the amounts of goods produced?

Lesechka [4]

The line on a production possibilities curve that shows the amounts of goods produced is called production possibilities frontier.

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4 years ago

Read 2 more answers

360-degree feedback Select one: a. is designed to provide feedback for promotion or pay decisions. b. is designed to deal with a

Aneli [31]

Answer: Option C

Explanation: In simple words, 360-degree feedback refers to the feedback process in which an employee receives feedback from not just its superiors but from his or her peers, subordinates and customers also. Even sometimes self evaluation is also taken into consideration.

Such process provides a clear picture of how an employee perceives themselves and what is their image in the eyes of other related parties. These processes helps an individual employee to understand their strength and weaknesses and it also provides insight for their personal development.

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3 years ago

Place the following obligations as a corporation (as identified by Archie B. Carroll) in order, starting with the highest-level

BabaBlast [244]

Explanation:

1. Being a good global corporate citizen

2. Being ethical in its practices

3. Obeying the law

4. Making a profit

According to Archie B. Carroll,

The first one is Being a good global corporate citizen: How a good citizen is important for the country, being a good global corporate citizen is equally important for the corporate world.

The second one is the ethical practices: This is very closely related to citizenship. There are some professional ethics to be maintained for a corporate world to grow.

The third is obeying the law: Definitely, employees have to adhere to the rules of the organization which is an important aspect for the growth of the organization and to the corporate world.

The last is making a profit: The final part is profit. According to my personal opinion if all the above are followed, profit will reach the organization.

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3 years ago

Jake Werkheiser decides to invest $5000 in an IRA at the end of each year for the next 12 years. If he makes these investments,

Oxana [17]

Answer:

Jake Werkheiser will have $170,322.48 at the end of 12 years.

Explanation:

We use the following formula to find the future value,

$S=R[\frac{(1+i)^n-1}{i}](1+i)$

S= future value

R= yearly payment =$5000

i= rate of interest = 9%=0.09

n =time =12 years.

Now putting the value of i, n, R

$S=5000[\frac{(1+0.09)^{12}-1}{0.09}](1+0.09)$

=$170,322.48

Jake Werkheiser will have $170,322.48 at the end of 12 years.

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4 years ago

Is the law and order in the United States really so bad that there is no one in the city center after 9 p.m?

svet-max [94.6K]

The law and order at the city center after 9 p.m is to ensure a safe and secure city for the occupants.

<h3>What is a law and order?</h3>

This refers to a situation where the laws of a country are being obeyed and been enforced on the citizens by the police or army.

In the city centers, the law and order are intended to ensures orderliness and a crime free society, hence, the police could order a curfew at 9pm in order to have a secure control of the city.