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3 years ago

Which of the following sentences about Wikipedia is true?

Business

2 answers:

Yakvenalex [24]3 years ago

7 0

Actually I got mixed up, the answer i meant to write was B.

Vlad [161]3 years ago

5 0

You should never use Wikipedia during a research project because its information is usually wrong.

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The summer internship is five weeks long, approximately 30 hours per week for 150 hours total.

avanturin [10]

Answer:

true

Explanation:

8 0

3 years ago

Jeff Co. sells its giant cheese wheels for $36 per wheel. The contribution margin ratio is 75% and total fixed costs are $270,00

Damm [24]

Answer:

Level of sales in dollars in order to generate a profit of $54,000 Fixed cost + Target profit/Contribution per unit $270,000 + $54,0000/0.75

= $432,000

Number of units to be sold

= Level of sales/Selling price

= $432,000/$36

= 12,000 units

The correct answer is A

Explanation:

In this case, we need to calculate level of sales in dollars, which is fixed cost plus target profit divided by contribution margin ratio. Then, we will calculate no of units to be sold, which is the level of sales divided by selling price.

7 0

3 years ago

A firm sells a product in a purely competitive market. The marginal cost of the product at the current output is $5.00 and the m

Rufina [12.5K]

Shut down, if the minimum possible average variable cost is $5

In the purely competitive market majority of the producers is price taker as there are many sellers of the same homogenous product. When in the situation of Marginal Cost (MC) of product at the current rate of production is equal to the market price. This shows that the firm isn’t in profit, it is selling at which they are producing. So, the Average Variable Cost AVC of product at this level indicates the shutdown of the firm production.

For the questions related to the competitive Market visit the link:

brainly.com/question/15410678

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5 0

2 years ago

Alex Meir recently won a lottery and has the option of receiving one of the following three prizes: (1) $70,000 cash immediately

Setler [38]

Answer:

The net present value for each option is given below.

(1) $70,000 cash immediately

NPV = 70,000 * 1 = $ 70,000

(2) $24,000 cash immediately and a six-period annuity of $8,100 beginning one year from today, or

NPV = (24,000*1) + (8,100 *(1-((1+7%)^-6)/7%)) = $ 62,609

(3) a six-period annuity of $14,500 beginning one year from today

NPV = (14,500 *(1-((1+7%)^-6)/7%)) = $ 69,115

8 0

3 years ago

The monopolist's supply curve A. is the region of its marginal cost curve that lies above the marginal revenue curve. B. doesn

SIZIF [17.4K]

Answer: B. doesn't exist

Explanation: A monopoly organisation has no well-defined supply curve. This simply means, there is no none unique supply curve for the monopolist derived from his marginal cost curve. Under a perfect competition, short run marginal cost curve located above the shut-down point is known as the supply curve which shows the relationship between price and quantity.

8 0

3 years ago

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