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Nuetrik [128]
3 years ago
7

Suppose that the revenue y from selling x units of a certain commodity is given by the formula y equals 4 x. ​(Revenue is the am

ount of money received from the sale of the​ commodity.) The line y equals 4 x intersects the line of​ cost, y equals 2 x plus 4000​, at the point ​(2000​,8000​). What interpretation can be given to the value of the​ x-coordinate of the point of​ intersection?

Business
1 answer:
Harlamova29_29 [7]3 years ago
6 0

Answer:

The x-coordinate of the intersection point represents the number of units for which the profit is 0.

Explanation:

The given revenues function is

y=4x

The cost function is

y=2x+4000

It is given that graph of both function intersect each other at (2000,8000).

Intersection point of cost and revenues function represents that the total cost and total revenue are equal.

Profit = Total revenue - Total cost

Profit = TR - TC

Profit = TR - TR                      (TR=TC)

Profit = 0

The x-coordinate of the intersection point represents the number of units for which the profit is 0.

x-coordinate of the intersection point = 2000

The profit is 0 if the number of units is 2000.

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g If the economy experiences economic contraction, the government can combat this with an Group of answer choices increase in go
Charra [1.4K]

Answer:

increase in government purchases

Explanation:

If there is a contraction in the economy, the government should conduct expansionary policies to increase money supply.

Discretionary fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.

Discretionary fiscal policies can either be expansionary or contractionary

Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.

Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes

5 0
3 years ago
Sally Company manufactures large kitchen appliances. For the first year of purchase, the company will repair any manufacturing d
zzz [600]

Answer:

warranty

Explanation:

A warranty is a guarantee from a seller to  buyer promising to if necessary repair or replace the purchased item with a stated period.

8 0
3 years ago
The body of rules and procedures that guide the measurement and communication of financial accounting information is known as?
iris [78.8K]

Generally Accepted Accounting Principles is the body of rules and procedures that guide the measurement and communication of financial accounting information.

Given that there is a body of rules and procedures that guide the measurement and communication of financial accounting information.

We are required to give the name of the body that guide the measurement and communication of financial accounting information.

The body that guide the measurement and communication of financial accounting information is Generally Accepted Accounting Principles.

Generally accepted accounting principles (GAAP) basically refer to a common set of accounting rules, standards, and procedures issued by the Financial Accounting Standards Board . Public companies in the U.S. have to follow GAAP when their accountants compile their financial statements.

Hence Generally Accepted Accounting Principles is the body of rules and procedures that guide the measurement and communication of financial accounting information.

Learn more GAAP at brainly.com/question/17895474

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3 0
2 years ago
__________ segmentation is the most common basis of consumer market segmentation because these segments are easy to define and u
Law Incorporation [45]

Answer:

a. Demographic

Explanation:

In demographic segmentation market is segmented on the basis of variables like age, gender, family size, marital status, occupation, religion, income, employment etc.

Therefore, Demographic segmentation is the most common basis of consumer market segmentation because these segments are easy to define and usually easy to reach.

4 0
3 years ago
A property sold for $198,000 with a listing commission of 8%. The selling office is to receive 40% of the total commission. How
Ivan

Answer:

$5,702.4

Explanation:

A property is sold for $198,000 with a listing commission of 8%

The selling office is to receive 40%

The first step is to calculate the total commission

= $198,00×8/100

= $198,000×0.08

= $15,840

Listing brokers commission

=$15,840×60/100

= $15,840×0.6

= 9,504

Therefore, the amount of listing that will be received by the sales person can be calculated as follows

= 9,504×60/100

= 9,504×0.6

= $5,702.4

Hence the salesperson will receive a listing of $5,702.4

3 0
3 years ago
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