A firm's total revenue can be determined by price and quantity. Hence, Option 5 is correct.
<h3>
What is the total revenue?</h3>
A profit or an income that is generated by a company after selling products or services is known as total revenue. It is also known as gross revenue. Let's understand total revenue with the help of an example:
No. of products sold = 25
The price of each item is $20.
Total revenue = price × quantity
= 20 × 25
= $500
The total revenue of the firm is $500.
Thus, Total revenue can be determined with option 5: price× quantity.
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Answer:
$111
Explanation:
Purchases;
A-G 7*7.5 $52.5
H-L 5*9.5 $47.5
M-R 6*10.5 $63
Total Purchases $163
Less;Sales
A,D,E 3*7.5 ($22.5)
H,J 2*9.5 ($19)
N 1*10.5 ($10.5)
Total Sales ($52)
Ending Inventory Cost =(purchases-sales)=$163-$52=$111
Answer:
B) Product departmentalization
Explanation:
Ballooshu is using product departmentalization because it is dividing the company according to product lines.
As a diarly cooperative, management probably believes that the most efficient form of organization is according to the products that it makes.
The cheese department will focus on producing cheese, the ice cream department will focus on making ice cream, the milk department will focus on the production of milk, and so on.
Answer and Explanation:
The disagreement arise between this economist is due to the differences in the scientific judgements as they disagree due to the various scientific judgements. And, despite their differences, the proposition of two economists should be chosen at random as the tariff and import quotas normally decreased the economic welfare as it always result in deadweight loss and in this both economist should be agree for the same
