<span>In the short run firms cannot exit the market. With a perfectly competitive market, each firm has to take the price as given and can sell as much as it wants at the given price, i.e. MR=P. Each firm maximizes profits by producing the quantity where its marginal revenue equals its marginal cost, i.e. MR=MC=P. Therefore the marginal cost curve is the short run supply curve of the firm. </span>
An arithmetic logic unit is a digital circuit used to perform arithmetic and logic operations. It signifies the essential building block of the central processing unit of a computer. The modern central processing unit contain very powerful and complex arithmetic logic unit. In addition to arithmetic logic unit, modern central processing unit contain a control unit.
Answer:
The answer is 5,040.
There are 5,040 different possible itineraries.
Explanation:
The number of different possible itineraries equals the number of the selection of 7 cities from a total of 7 cities where order is important.
We solve thus:
Answer:
Preparation of selling expenses is below
Explanation:
The preparation of selling expense budget for the month of June is shown below:-
Zilly Co.
June
Sales budgeted $176,000
Commission of sales in percentage 7%
Sales Commission $12,320
Add: Monthly salary of sales manager $6,900
June Selling expenses $19,220
Note :- For computing the Monthly salary of sales manager we multiply Sales budgeted with commission of sales in percentage.
Answer:
b.activity for the unit of analysis
Explanation:
The break even point is the point at which the firm has no loss no profit situation
It can be determined in terms of units or in terms of dollars
Here, the break even analysis is done for a service company that involves an activity for unit analysis.
Let us take an example of hospital. The patients, chairs , doctors etc are the units of the activity held i.e hospital
