<span>Many marginal cost curves are U-shaped., because the marginal cost i</span>s relatively high at small quantities of output and is not proportional with the production increases. <span>
Profit is maximized when marginal cost curve intersects demand from below because at any greater quantity than this marginal cost is greater than marginal revenue.</span>
I believe the answer is B
Hope this helps :)
Answer:
D. short-term bonds
Explanation:
Money market is an market where people or organizations can lend and borrow short term loans in the form of bonds. These bonds are very high quality debt and have maturity of one year or less. It provides a platform for public, government, banks and institutions to sell and buy the short term securities.
I highly think it's
B, because you need materials to produce the thing then you need labor for it and finally set up the sales.
I hope I was a bit of help
Answer:
Sales $480,000
<em>Less: Expenses (Bal Figure) $419,500</em>
Less: Write Off Account <u>$7,700 </u>
Net Income <u>$52,800</u>
If Allowance Method Is Used
Sales $480,000
Less: Expenses $<em>419,500</em>
Less: Write Off Account (1.5% of 480,000) <u>$7,200</u>
Net Income <u>$53,300
</u>