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3 years ago

A.To maximize its profits, the firm should produce units and charge a price of _______$ .

Business

1 answer:

aliya0001 [1]3 years ago

4 0

Answer:

A) where the firm's marginal revenue equals its marginal cost.

B) average total cost per unit should equal the marginal cost per unit.

C) at their highest level.

Explanation:

Profit maximizing levels where marginal revenue = marginal cost, is applicable to every type of company regardless in what type of market they operate, e.g. perfect competition, monopoly, monopolistic competition, etc.

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A personal characteristic that fosters organizational politics is a) the desire to help. b) need for power. c) drive to be a vis

DanielleElmas [232]

Answer: b) need for power.

Explanation:

Organizational politics are activities that people engage in to be able to further their personal interests even if these interests are not always in the best interest of the company itself.

To be able to further their interests, they need power and influence which means that the personal characteristic that fosters organizational politics is the need to have power.

7 0

3 years ago

Difference between disposition and sentencing

Vladimir79 [104]

Disposition means: a person's inherent qualities of mind and character.

And sentencing means: declare the punishment decided for (an offender

Hope this helps

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3 years ago

term fixed price contract to build an office tower for $10,000,000. In the first year of the contract Tullis incurs $3,000,000

almond37 [142]

Answer: $750,000

Explanation:

Given that,

Fixed price contract = $10,000,000

Cost incurred in the first year = $3,000,000

Remaining costs to complete = $5,000,000

Tullis billed = $4,000,000 in year 1

Collected by the end of the year = $3,500,000

Percentage of work completed = $\frac{Expenditures\ Incurred\ from\ Inception\ to\ Date}{Total\ Estimated\ Costs\ for\ the\ Contract}$

= $\frac{3}{8} \times 100percent$

= 37.5%

Revenue recognized = 37.5% of $10,000,000

= $3,750,000

Income recognized = Revenue recognized - Cost incurred in the first year

= $3,750,000 - $3,000,000

= $750,000

8 0

3 years ago

Which of the following will increase a company’s current liabilities? You may select more than one answer.

vichka [17]

Answer:

A company purchases inventory on credit.

Explanation:

Current liabilities are those that have to be settled within the fiscal year. The statement above does not specify if the credit has to be paid within the fiscal year, but most likely it has to, because inventories do not usually represent a long-term debt.

So under this sceneario, purchasing inventory on credit would represent an increase in the current liabilities of the firm.

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3 years ago

What is meant by centralised direction

Alla [95]

Centralized direction explain why we often overestimate how well we can predict future actions of others.

I hope that's help:0

5 0

3 years ago