Answer:
C) marginal revenue in the price-elastic market exceeds marginal revenue in the price-inelastic market
Explanation:
Marginal revenue will increase as the price elasticity of demand increases. When marginal revenue is positive, the demand is elastic, when marginal revenue is negative, the demand is inelastic.
Therefore if the company sets the same price for different markets, the marginal revenue will be higher where the price elasticity of demand is higher (more elastic). But it will be lower where the price elasticity of demand is lower (more inelastic).
Answer:
1 CD and 19 movie videos
Explanation:
This is a quadratic programming problem. Given the utility function, product price and budget constraint. the following relation between X and Y is:
When that is inserted in the utility function, the function is:
In order to find the maximization parameter X, the first derivative of the function is needed (leveled with zero), and it is:
The value for X is 1,06 which can be rounded to 1. From the first relation, we see that Y is 19.
The beginning balance of retained earnings
Answer:
Steelers Inc.
a) Journal entries:
Sept. 12
Debit Available for Sale Investment $133,200
Credit Cash Account $133,200
To record investments in the common stock of Bengals Inc., 11,110 shares at $12 per share.
Dec. 31:
Debit Unrealized Loss on Available for Sale Investment $22,200
Credit Available for Sale Investment $22,200
To record the fair value of the investment.
b) The unrealized gains and losses are included in other comprehensive income within the equity section of the balance sheet.
The loss will, therefore, be deducted from other comprehensive income.
Explanation:
Investments held for sale are accounted for at fair value. This implies that at the end of any accounting period, the fair value of the investments will be determined. This is usually the market value. Then, adjustments are made in the asset account according to the fair value. There will be recognized either unrealized gain or loss, which are taken to other comprehensive income in the balance sheet under the equity section.
Answer:
what average for the industry
Explanation:
can i have a choise
