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2 years ago

Businesses typically enter into areas where there is competition. a. True b. False

Business

2 answers:

KengaRu [80]2 years ago

8 0

True is correct...............

Korolek [52]2 years ago

4 0

The answer is A) True. Business always falls into places where there is competition. One company is always competing for customers against other companies. They are always fighting over who has the best products.
~Silver

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Taya2010 [7]

Answer:

A) Total revenue = 400 loaves of bread x $2 per loaf of bread = $800

B) Total economic costs = (5 units of labor x $40 per unit of labor) + (7 units of land x $60 per unit of land) + (2 units of capital x $60 per unit of capital) + (1 unit of entrepreneurial ability x $20 per unit) = $200 + $420 + $120 + $20 = $760

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3 years ago

Kwik taxi service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven

zimovet [89]

Answer:

Explanation:

Depreciation cost :

2016: expected useful life

Cost - salvage value X usage

= 140,000

24,300-700

=5.93*28,000 = $166,101.69

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= 140,000

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=5.93*33,000 = $195,762.71

Depreciation Expense:

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total estimated useful life

= (24,300-700)*28,000

140,000

=$4,720

2017: (cost-salvage value)*actual activity performed

total estimated useful life

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3 years ago

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nadezda [96]

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2 years ago

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2 years ago

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Option c (I think)......

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