Answer:
The correct answer is option c.
Explanation:
A competitive firm has been selling its output for $20 per unit and has been maximizing its profit, which is positive.
The price falls to $18, and the firm makes whatever adjustments are necessary to maximize its profit at the lower price.
A competitive firm will produce at the point where the marginal cost is equal to price. When the price is lowered the firm will produce at a point with lower marginal cost.
It will thus produce lesser output than what it was producing earlier. So the quantity of output will be lower than previously.
If you miss your court date or trial, the court could choose to issue an arrest warrant. In most cases, you will definitely be charged with a failure to appear violation. This additional violation carries another fine in addition to the fine for the original traffic ticket.
Answer:
Martina as her agent can give certain advice like if the property is priced right the size of the property, negotiating with the seller or conducting inspection of the property.
However, on legal matters such as how the title should be held or taken, Martina should excuse herself and refer Christina to her lawyer for advise as real estate agents are not licensed to provide legal advice meaning they cannot answer a legal question, even if they know the answer, without breaking the law.
Explanation:
Answer:
Bauble to be sold for break even = 5484
Explanation:
Sales Mixture = 16000 : 8000 = 2:1 2 : 1
Bauble Trinkets
Selling Price P.u (16/16) : (16/8) = 1 2
Variable Cost (6400/16000) : ( 11520/16000) = (0.4) (0.72)
Contribution margin Per unit (Sp-Vc) = 0.6 1.28
Com-posit Cm 2 baubles 1 trinkets = 0.6*2+1.28*1 = 2.48
Fix Cost Total = 3200+3600 = 6800
Break-Even units = 6800/2.48 = 2741
Baubles 2742*2 = 5484*0.6 = 3290.4
Trinkets 2742*1 = 2742*1.28 = 3509.7
"Sincerely" is definitely the most appropriate closing doe a business letter. The other choices are too chummy.
