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Mandarinka [93]
3 years ago
15

When the revenue for a business is less than its costs, it is making a profit.

Business
1 answer:
devlian [24]3 years ago
8 0

Answer: false

Explanation:

A firm is making profit when total revenue is greater than total cost.

A firm is making a loss when total revenue is less than total cost.

Profit or loss can either be accounting or economic.

Accounting profit or loss = Total revenue - Explicit cost

Economic profit or loss = Accounting profit or loss - implicit cost.

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A scalene triangle is an isosceles triangle true false
irga5000 [103]

False, a scalene triangle is a triangle that has no equal sides or angles. An isosceles triangle has 2 equal sides.

-Steel jelly

3 0
4 years ago
Read 2 more answers
You own 500 shares of ABC stock. The stock has been declining in price and is now selling for $30 a share. You decide to sell al
Leya [2.2K]

Answer:

The order has not yet been executed which means you still own 500 share

Explanation:

The status of your order is that the order has not yet been executed which means you still own 500 share because despite that you own the 500 shares of ABC stock in which the stock has been declining in price but now sells for $30 per share in which you wanted to sell all the shares thereby placing a limit sell order at a price of $30 per share but the shares continue to decline from $30 per share to $29 per share to $18 per share, their wont be any cause for alarm because the order has not yet been executed which means that the 500 shares is still in your custody.

6 0
3 years ago
John is creating a presentation on the consumer price index, for his business class. He wants students to understand that food a
RSB [31]

Answer:

A. higher; C-CP

Explanation:

As the exercise says, John wants students to see that food and energy prices have risen more rapidly than other market items used in the Consumer Price Index (CPI) calculation. He wants students to see the increase in the core inflation, because food and energy are the main expenses of people. But for CPI calculation there are other items to consider. So the core inflation will be higher than the CPI (inflation, considering all items), as food and energy prices increased more than the other products considered in the CPI.

The second part of the excersise says that there might be substitution, that is people consuming less expensive goods or services, which will lead to a change in the measuring of the C-CPI as the prices to consider will be lower, so C-CPI will be less

5 0
4 years ago
Lillia is doing online research about using green energy. One Web site she finds is called, "Stop Killing the Polar Bears!" What
nadya68 [22]

When doing online research, you have to make sure that you are using credible source that present unbiased information. "Stop Killing the Polar Bears" seems to be an organization that will post biased information to persuade people to stop killing polar bears. Sites like this may post incorrect or incomplete information to make their case sound more appealing, but may not have the factual foundation to make them a credible source for research.

4 0
4 years ago
If a consumer receives 20 units of utility from consuming two candy bars, and 25 units of utility from consuming three candy bar
Alecsey [184]

Answer:

The correct answer is option C.

Explanation:

The utility from consuming two candy bars is 20 units.

The utility from consuming three candy bars is 25 units.

The marginal utility of the third candy bar will be the increase in the utility on consuming additional unit of candy bar.

It can be calculated by the utility derived from consuming three bars minus the utility derived from consuming two bars.

Marginal utility of third candy bar

=25 units - 20 units

=5 units

So, the correct answer is 5 units.

3 0
3 years ago
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