Answer:
7.29%
Explanation:
The computation of simple rate of return on the new machine is shown below:-
For computing thee simple rate of return first we need to find out the annual accounting return and investment which is here below:-
Annual accounting return = Savings - Cost - Depreciation
= $95,000 -$ 54,000 - (320,000 ÷ 16)
= 95,000 - 54,000 - 20,000
= $21,000
Investment = 320,000 - 32,000
= 288,000
Simple rate of return = Annual accounting return ÷ Investment
= $21,000 ÷ $288,000
= 7.29%
Market equilibrium means that companies set prices where marginal revenue equals marginal cost.
Perfect competition would lead to lower prices than any other market type.
Answer:
C.
Explanation:
Automatic stabilizers are line items that automatically move the budget balance toward deficit when the output gap is negative and toward surplus when it is positive, even if there are no changes in tax or spending laws.
For example, income tax revenue increase when the economy expands, pushing the balance toward surplus. Or, unemployment benefits increase when the economy is in recession, pushing the balance into deficit.
By adding to aggregate demand during downtums, automatic stabilizers moderate the business cycle.
Answer:
Option A Net revenues less cost of goods sold
Explanation:
The IASB sets the Financial reporting framework which states that the gross profit will be derived from the deduction of cost of goods sold from the Net revenues. So the correct option is Option A.
Answer:
a. The marginal revenue curve and the demand curve would coincide.
Explanation:
Monopolistic competition can be defined as the market structure which comprises of elements of competitive markets (having many competitors) and monopoly. Under monopolistic competition, organizations
If a monopolist could perfectly price-discriminate (LO1, LO4), the marginal revenue curve and the demand curve would coincide.
