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Ksju [112]
2 years ago
10

If a competitive firm can make enough revenue to cover its variable costs, the firm will?

Business
1 answer:
creativ13 [48]2 years ago
7 0

If a competitive firm can make enough revenue to cover its variable costs, the firm will: choose to remain open.

Variable costs are costs that alternate as the amount of the coolest or carrier that a enterprise produces modifications. Variable charges are the sum of marginal fees over all gadgets produced.

They also can be taken into consideration normal charges. fixed prices and variable costs make up the two components of overall price.

Variable costs are costs that change as the quantity changes. Examples of variable costs are raw materials, piece-rate hard work, production substances, commissions, transport prices, packaging components, and credit score card prices. In some accounting statements, the Variable prices of production are referred to as the “fee of goods offered.”

Learn more about variable cost here  brainly.com/question/14107176

#SPJ4

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Valerie promised to buy Nicole's car for $2,000. Nicole drew up the contract providing that the exchange would occur the next we
Nimfa-mama [501]

Answer:

That the mistake resulted from an accidental clerical error and that it would be unconscionable to enforce the contract.

Explanation:

Nicole mistake is a clerical error.

An error is said to be clerical if it's a mistake that changes the meaning of a document after.

Typographical error and unintentional addition or removal of a word, phrase, or figure in the document can count as clerical error.

Mistakes like this should be readily rectified without objection by the court acting sua sponte, on its own, or on the motion of either party.

8 0
3 years ago
The talk test can be used to measure the __________.
Valentin [98]

Answer:

The talk test is used to measure moderate-intensity activities. If a person can talk during an activity, but cannot sing, they are engaged in moderate-intensity activity. If they cannot talk, they are doing a higher-level intensity activity.

Explanation:

7 0
3 years ago
Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $8,600 (that had cost $6,355) and accepted the c
lianna [129]

Answer:

Apr.8

Dr Account Receivable - Suntrust Bank    $8,256

Dr Credit card expenses                            $344

Cr Sales                                                       $8,600

(to record sales, payment through credit card issued by Suntrust Bank)

Apr.12

Dr Account Receivable - Continental Card    $7,995

Dr Credit card expenses                                  $205

Cr Sales                                                            $8,200

(to record sales, payment through credit card issued by Continental Card)

Explanation:

The credit card expenses of the two transaction is calculated as: Sales proceed x % of fee

Thus, the sales made in 8 Apr has the credit card expenses of 8,600 x 4% =$344.

The sales made in 12 Apr has the credit card expenses of 8,200 x 2.5% =$205.

4 0
3 years ago
This morning, you purchased a seventeen-year, 6.45% annual coupon bond with face value of $1,000 at a price of $1,030.04. Just a
iogann1982 [59]

Answer:

6.73%

Explanation:

the price of the bond in seven years is:

PV = $1,000 / (1 + 5.50%)¹⁰ = $585.43

PV of coupon payments = $64.50 x 7.538 (PVIFA, 5.5%, 10 years) = $486.20

market price = $1,071.63

using an excel spreadsheet of financial calculator, the annual rate of return:

year 0 = -1030.04

year 1 = 64.5

year 2 = 64.5

year 3 = 64.5

year 4 = 64.5

year 5 = 64.5

year 6 = 64.5

year 7 = 1136.13

IRR = 6.73%

8 0
3 years ago
The ________ is a conditional order and is executed only if the limit price or a better price can be obtained. Another type of c
VikaD [51]

Answer:

C (limit order; stop order; market order)

Explanation:

Firstly the order will be called limit order as price has a minimum limit. Second will be stop order, like if market is offering less price then we can stop until the market reaches to the point where price is more fair or more acceptable. Then that order will become market order.

8 0
3 years ago
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