Answer:
please could you say the question or be more elaborate
Answer:
11.56%
Explanation:
The computation of the minimum required rate of return is shown below:
Residual income = Net operating income - (Average operating assets × minimum required rate of return)
$22,000 = $59,000 - ($320,000 × minimum required rate of return)
After solving this the minimum required rate of return is 11.56%
By applying the above formula we can find out the minimum required rate of return
Answer: Option C
Explanation: Perfect competition refers to a market structure under which there are large number of buyers and sellers each operating at a small level.
In such a market structure the supply curve is a horizontal line that depicts that whatever the quantity is the price will remain the same, that is, at the equilibrium level.
This happens due to the fact that there are large of number of participants present and no individual have the power to affect the price.
Thus, the correct option is C.
Answer:
The Answer is A) True
Explanation:
The marginal cost of production and marginal revenue are economic measures used to determine the amount of output and the price per unit of a product that will maximize profits. A rational company always seeks to optimize its profit, and the relationship between marginal revenue and the marginal cost of production helps to find the point at which this occurs. The point at which marginal revenue equals marginal cost maximizes a company's profit.
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