D. The amount of money a company makes from sales. This is revenue by definition.
Answer:
The correct answer is:
false (b)
Explanation:
Reduction in the price of a good or service in a competitive market leads to an increase in quantity demanded, which in turn leads to an increase in the production quantity, to cater for the increase in the volume of demand. Hence the reduction in the price of Jacques's fire engines will increase demand and in effect increase the production quantity. With respect to the total revenue, depending on the extent of demand increase, the total revenue might increase or even decrease. If the total demand exceeds the previous demand to make up for the reduction in price, the total revenue will increase, if not so, the total revenue will decrease.
Answer:
A. Veto the research
Explanation:
The research should be vetoed or rejected because with the market research, estimated earnings becomes $10, 000 less than without market research. This is because when market research is done, estimated earnings becomes 330,000, but cost of market research is 40,000. This the company will have a net estimated earnings of $290,000.
Whereas, if they don't engaged in market research, they are expected to have an estimated earnings of $300,000.
Therefore, the market research should be vetoed.
Commercial paper i found this on quizlet hope I helped
Answer: $70,000 of new money and the money supply in the economy will be equal to $70,000
Explanation:
The reserve ratio is the percentage of deposit the banks are expected to keep for demand by customer and the remaining percentage is made available for loan to customer.
In the above scenario the reserve ratio is 10% which gives a multiplier of 1/0.1 which gives 10. The money supply is the deposit multiply by the the multiplier $7000*10 which gives $70,000 as money supply.
