I am pretty sure that it is A
Answer:
$259,200
Explanation:
A-Rod Fishing Supplies
Income Statement
Sales Revenue $2,500,000
Less Cost of Sales ($1,710,000)
Gross Profit $790,000
Less Operating Expenses
Selling and administrative expenses $250,000
Depreciation expense $280,800 ($530,800)
Operating Profit $259,200
thus,
the firm's operating profit is $259,200
Answer:
False
Explanation:
The marginal rate of substitution measures what amount of good X a consumer is willing to give up in order to consumer an additional unit of good Y. It is a useful tool when you try top analyze consumer behavior and preferences between two goods.
It is represented by the slope of an indifference curve, it does not measure the distance between indifference curves.
An increase in the price of the plastic used to make the wireless earbuds can make the supply curve to shift left.
<h3>What is the supply curve?</h3>
This is the curve that is used to tell us of the amount of goods that the producers would be able to make available for the market at a given price.
This is shown in the fact that the increase in the raw materials for production may cause the production to fall. Hence the produces would have less to supply for the market. Therefore, an increase in the price of the plastic used to make the wireless earbuds can make the supply curve to shift left.
Read more on market supply curve here: brainly.com/question/26430220
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According to the <em>"Not Too Big Enough" </em>article, some of the <em>sources of </em><em>scale economies</em><em> in the banking and finance industry</em> are as follows:
1. Bigger banks can spread their investment (fixed) costs over more output, thereby <em>reducing the </em><em>cost per unit </em><em>and making it impossible for </em><em>smaller banks </em><em>to compete in the market</em>. Most often, the smaller banks cannot afford investments in modern banking computing power and systems management.
2. Bigger banks can <em>consolidate banking functions</em> with the <em>elimination of redundancies </em>after each merger and acquisition. The cost of redundancies also gives them economies of scale.
3. Bigger banks have access to <em>larger pools of </em>deposits and will not engage in borrowing at higher costs. Smaller banks cannot tow this line because of their small scale, lacking the required funding mix.
4. Finally, advertising works best where a bank has a large geographic spread. The cost of advertising over a large area is worth it, unlike when a small bank markets its services by advertising.
2. These economies of scale mean that Oligopolies are increasing on Wall Street, and there will be further consolidations of smaller banks. Of course, every small bank would like to engage in mergers and acquisitions to grab a share of the scale economies.
Thus, <em>as banks grow large</em>, they should be mindful that enjoying the scale economies comes with the risk of crumbling like the banks regarded as <em>"too big to fail" </em>when they build on a pack of cards.
Learn more: brainly.com/question/3156270
