Answer:
The answer is C
Explanation:
To maximize profits in a perfectly competitive market, firms or businesses' marginal revenue must equal to marginal cost (MR=MC).
Also price must equate marginal cost(which is the additional cost incurred in the production of one more unit of a good)
In perfect competition, P = MC = MR.
But in monopolistic Competition or monopoly P > MC
The question is incomplete:
Many years ago, Sprint Telecommunications aired an advertisement intended to demonstrate the clarity of reception Sprint customers could expect. The ad showed a rancher, who had used a different company, complaining that he had ordered 100 oxen from his supplier and instead received 100 dachshunds. The mix-up was probably due to the presence of _____ in the communication process.
A. noise
B. poor encoding
C. poor medium choice
D. improprer network choice
E. process loss
Answer:
A. noise
Explanation:
-Noise refers to something that affects the communication process like a sound.
-Poor encoding refers to not being able to use a medium to communicate.
-Poor medium choice refers to picking the wrong channel to communicate.
-Improprer network choice refers to picking the wrong transmission system to communicate.
-process loss refers to inefficiencies that affect the process.
According to this, the answer is that the mix-up was probably due to the presence of noise in the communication process because the statement indicates that the advertisement was intended to demonstrate the clarity of reception Sprint customers could expect and because of that, you can inferred that on the situation on the ad the probleem was due to noise that interfered with the clarity of the communication and because of that, the rancher received 100 dachshunds instead of 100 oxen.
Answer:
The correct answer is housing.
Explanation:
A family spends 35 percent of its income on housing, 20 percent on travel-related expenses, 10 percent on utilities, 25 percent on health care, and 5 percent on miscellaneous items.
The item which has the largest share in the budget will be most responsive to change in the price. In other words, we can say that the item that has the largest share in the budget will be most price elastic.
This is because a change in the price of such a product will cause a significant impact on the consumer's budget.
Here, housing has the highest share i.e. 35% in the budget so it will be most price elastic.
The yield to maturity for the bond issued by Xenon, Inc. is 7.62%.
<h3>What is the yield to maturity for the bond issued by Xenon, Inc.?</h3>
The yield to maturity of a bond is the total return that would be earned if a bond is held to maturity.
The yield to maturity can be determined using a financial calculator:
- Coupon = 7.1% = 0.071 x 2000 = $142
- Number of years = 2042 - 2019 = 23
- Price =0. 94387 x 2000 = 1,887.74
- Full price = 2000
YTM = 7.62%
To learn more about yield to maturity, please check: brainly.com/question/5506528
Answer:
Wages Expense debit $8,000
Wages Payable credit $8,000
Explanation:
At the end of December 31, which is a Thursday, workers would have worked 4 days out of a 5-day week, which implies we need to recognize wages for the 4 days because it has been incurred even not yet paid
Wages for 4-days=$10,000*4/5
Wages for 4-days=$8,000
We would debit wages account with $8,000 since an increase in an expense account is a debit entry while wages payable would be credited since it is an increase in liabilities
