Answer: c. marginal revenue is higher than it was previously.
Explanation:
Marginal revenue is higher than it was previously.
Marginal Revenue is the additional revenue that is generated by selling one more unit, In a Competitive market Firms are price takers meaning the can only adjust quantity and not the price.
The marginal Revenue equals to the price of a good or service. When Price increases from $20 to $25 ,the Marginal Revenue will be $25 which is higher than it was previously
Answer:
b. only revenue is recorded each time a sale is made
Explanation:
Under <u>periodic inventory we adjust for COGS at the end of each month,</u>
We don't recognize Cost of Goods Sold at the moment of sale.
<u>When a sale occurs we recognize the revenue associate with the sale only.</u>
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It is under perpetual system when he adjustment on inventory and COGS are done simultaneously with the sale.
Answer: $25
Explanation: Dividends are the returns the shareholders of the company get for investing the the company and bearing the risk and it is calculated as follows :-
Dividend = (value of share) * (rate of return)
Here we have,
Dividend = $5
rate of return = 20%
Therefore,
= $25
Answer: C. a positive externality.
Explanation:
The positive externality refers to actions that directly or indirectly present benefits to society. Sometimes these activities are paid for third parties, likewise, it can be seen that each action that is carried out, however small, will have effects on people (society) causing a positive externality.
For example, in the case of the neighbor, there is a positive externality, since his ability with the garden gives the neighborhood a nice touch, although some plants are not liked by some neighbors, you can see different and beautiful things in the neighbor's garden, and this benefit is being obtained at no cost to others since the person who invests is a person and the others also enjoy the benefits of it.
<em>I hope this information can help you.</em>
