Ask question

Ask question

All categories

4 years ago

15

When the internet really took off, much of the internet’s operating infrastructure transitioned to be supported by government gr

ants rather than private firms?

1 answer:

charle [14.2K]4 years ago

6 0

If this is from quizlet its false

<span />

You might be interested in

The 2017 balance sheet of DG Inc. showed LT debt of $2.0 million, the 2018 balance sheet showed LT debt of $2.3 million. The 201

nexus9112 [7]

Answer: idk

Explanation:

7 0

3 years ago

Palmer Company's beginning inventory consists of 1,000 units at $1.00 per unit. During the year, the company purchases 5,000 uni

MAVERICK [17]

Answer:

a.$5,667

Explanation:

According to the weighted average cost method, all units on inventory must be priced equally. If the company had 1,000 units at $1.00 and purchased an additional 5,000 units for $5,800, the total cost per unit is:

$C=\frac{\$1.00*1,000+\$5,800}{5,000+1,000}\\ C=\$1.1333333$

If 5,000 units were sold, the cost of goods sold is:

$S = \$1.1333333*5,000\\S=\$5,667$

Palmer Company's cost of goods sold was $5,667.

4 0

4 years ago

If demand is linear with a negative slope, then price elasticity of demand is A. Elastic in the upper portion and inelastic in t

tigry1 [53]

Answer:

<h2>In the case of a linear downward sloping demand curve,the price elasticity of demand is elastic in the upper portion and increasingly inelastic in the lower portion.Hence,the answer in this case would be option A.</h2>

Explanation:

Based on the common consumer psychology,any rational consumer or buyer is relatively more responsive or reactive to any certain change in market price of any normal good or service during the initial stages of purchase or consumption.
Hence,during the initial consumption phase,if the market price of any good or service changes by a certain proportion,then consumer demand for that product or service would also change in significant or considerable proportion.
However,as the rational consumer or buyer increases its consumption level of any good or service as its market price decreases progressively,he or she becomes increasingly insensitive or unresponsive towards the change or further decrease in its market price.
This phenomenon can be conceptually attributed to the law of diminishing marginal utility of any normal good or service which evidently advocates that as the individual consumer or buyer consumes more of any particular good or service,the additional or incremental consumer satisfaction or utility obtained from 1 more unit purchase of that particular good or services decreases progressively.In other words,the marginal utility of the consumer or buyers falls increasingly as the consumption level of any good or services increases.
Hence,the market value of any product or service also declines as the consumption level of any good or services increases thereby making the consumers or buyers increasingly unresponsive or non reactive as its market price decreases especially towards the later or subsequent stages of consumption or purchase.

6 0

4 years ago

Goshawks Co. produces an automotive product and incurs total manufacturing costs of $2,600,000 in the production of 80,000 units

Katena32 [7]

Answer:

Explanation:

Computation A:

Product Cost Markup = Desire to Earn Profit + Total Selling

Desired to Earn profit = $960,000 × 12%

Desired to Earn profit = $115,200

Product Cost Markup = Desire to Earn Profit + Total Selling

Product Cost Markup = $115200 + $105000

Product Cost Markup = $220,200

Percentage Markup = Product Cost Markup / Incur Total Manufacturing Cost

Percentage Markup = $220200 / $2600000

Percentage Markup = 8.5%

Computation B:

Per Unit Cost = $2,600,000 / 80000

Per Unit Cost = $32.5

Price of Product = $32.5 + ($32.5 × 8.5%)

Price of Product = $35.26

7 0

3 years ago

Read 2 more answers

When Greenway,Inc.sells 48,000 units,its total fixed cost is $115,200.What is its total fixed cost when it sells 54,000 units?

zvonat [6]

Answer: B) $115,200

Explanation:

Fixed costs are by definition fixed which means that they do not change as a result of a change in production level. This means that where Greenway sells 48,000 units or 54,000 units or even 0 units, the company would still incur the same fixed cost of $115,200.

The costs that change as a result of production level change are called Variable costs.

5 0

3 years ago