Answer:
firm can change output levels without having any significant effect on price.
Explanation:
In the case when we say that the firm is a price taker that means the firm has the power to change the level of an output but this does not have any kind of impact on the price. They accepted the price for the prevailing market and each unit could be sold at the similar market price. It could impact the market price also they enjoy the pricing power
Therefore the above statement should be considered
The answer is D. It reduced their risk when cotton prices were low.
The source of energy during the energy investment phase of Glycosis are two ATP molecules.
Explanation:
During the energy investment phase of glycolysis , the energy source comes from two ATP molecules which then results in the formation of the two molecules of glyceraldehyde phosphate.
The two molecules of glyceraldehyde phosphate are then used for the second process of glycosis in which energy is emanated and not invested.
Glycosis is the process that is characterized by the breakdown of enzymes into smaller molecules and constituent elements.
Answer: B. Revises comparative financial statements.
Explanation:
When switching from a median Cost method to FIFO method. this sort of switch can always yield a major impact on all financial statements. Any organization which wishes to change would settle on the requirement to scrutinize whether it has to restate its financial data for previous years to reflect the new method or only apply the new method to the present and future years.
Answer:
see explanation
Explanation:
Units to achieve target profit = Target Profit + Fixed Cost ÷ Contribution margin ratio.
where ,
Contribution margin ratio = Contribution ÷ Sales
