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zlopas [31]
3 years ago
11

Jose rents office space for $20,000 per year. He uses the office to fill out tax returns for 1<000 clients per year. If the o

ffice rent increases to $25,000 per year, the marginal cost of filling out tax returns will:
A. Not change

B. Increase by $5000

C. Increase, but we cannot determine the amount of the increase with the information given.

D. Increase by $5
Business
1 answer:
pav-90 [236]3 years ago
7 0

Answer:

(A) No change

Explanation:

Since the TC for filling 1000 returns increases from $2000 to $25000, this will remain fixed for any increase in the number of returns filed.

Even if the returns filed increases from 1000 to 2000 or 3000, the TC will remain the same.

Thus, there will be no change in MC.

Thus, correct option is (A) No change

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B. athletic scholarship
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3 years ago
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g The "monetary base" is simply: a. the total of all currency in circulation, outside banks b. the total vault cash held among a
Zanzabum

Answer:

e. the total of currency in circulation, plus depository institution reserves and vault cash

Explanation:

Monetary base is a concept in money supply that measures highly liquid assets in an economy.

It includes all cash that is in circulation in the economy and those deposits that are held as reserves by the central bank from commercial banks. Cash in bank vaults are also included because they are readily available to the economy.

For example if there is $200 million in circulation and there is $13 billion in the central bank as reserves from commercial banks, the total monetary base is $13.2 billion

6 0
3 years ago
A company had the following partial list of account balances at year-end: Sales Returns and Allowances $ 1,000 Accounts Receivab
ArbitrLikvidat [17]

Answer:

$91,900

Explanation:

The computation of net sales revenue is shown below:-

Here, for reaching the net sales revenue we add the sales revenue and deduct the sales return and allowances with sales discounts

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= $95,000 - $1,000 - $2,100

= $91,900

Therefore we have applied the above formula.

4 0
2 years ago
Which of the following can be classified as data flow for a book store?
marishachu [46]
<span>C.) The amount of money earned in a week being invested in new book purchase

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5 0
3 years ago
The partners in the biz partnership have agreed that partner mandy may sell her $100,000 equity in the partnership to brittney,
Ivahew [28]

Answer:

Mandy Capital                     A/c   Dr.  $100,000

Brittney Capital                  A/c    Cr.                     $100,000

Explanation:

Mandy selling $100,000 shares of assets, so we will report the transaction on the sale of stock by the amount of equity sold. Now, all parties will negotiate the price that one can sell to another for this equity valuation, which would be $85,000 in this case.

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3 years ago
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