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deff fn [24]
3 years ago
9

True or false: if hubert's fire engines were a competitive firm instead and $80,000 were the market price for an engine, decreas

ing its price from $80,000 to $60,000 would result in the same change in production quantity and, thus, total revenue.
Business
1 answer:
Amanda [17]3 years ago
7 0

FALSE

because hubert being a competitive firm, if it decreases the price of engine, demand increases and thus production increases. Therefore revenue also increases.

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Bobby decides to sell lemonade on a hot summer day. If Bobby sells 25 glasses of lemonade for $5.00 per cup, and his average tot
bulgar [2K]

Answer:

$ 120.60

Explanation:

25 glasses * $ 5/ glass = 125 dollars gross income

income - expense = profit

125 - 4.40 = 120.60 profit

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2 years ago
Firms that spend the greatest percentage of their revenue on advertising tend to be firms that sell
Lisa [10]

Answer:

The correct answer is D

Explanation:

Product differentiation is the term which is described as the strategy of marketing which focuses on showing off the differences among the product or the competition and the business.

So, the firm or business who spend the highest percentage of the revenue on advertising the product are the firms which sell the highly differentiated goods.

8 0
3 years ago
In the context of the six sections of the Position Analysis Questionnaire (PAQ), _____ represent the reasoning, decision-making,
emmainna [20.7K]

Answer: B. mental processes

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A. job contexts

B. mental processes

C. special codes

D. information inputs

The Position Analysis Questionnaire (PAQ) is relatively complex, and requires that an employee must have the reading level of a college graduate to be able to complete it and evaluates job skill level and basic characteristics of applicants for a set match of employment opportunity. It measures the characteristics of a job and relates them to human characteristics, such as information input, mental processes, work output, relationships with others, job context, and so on.

Mental processes in the context of the six sections of the Position Analysis Questionnaire (PAQ) represents the reasoning, decision-making, planning, and information-processing activities involved in performing a job.

7 0
3 years ago
Suppose your company sells services of $170 in exchange for $130 cash and $40 on account. Depreciation of $60 relating to equipm
mario62 [17]

Answer and Explanation:

Q2) Calculate the amount that should be reported as net cash flow from operating activities:

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$60 - $40 = $20 (Net Cash flow from operating activities)

Q3) Amount as net income:

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Net Income = $110

Q4)

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5 0
3 years ago
In 2019, Alliant Corporation acquired Centerpoint Inc. for $352 million, of which $62 million was allocated to goodwill. At the
Kazeer [188]

Solution:

The reporting unit's book value of $250 million meets the market value of $220 million.

Requirement 1:

Determination of implied fair value of goodwill:

Fair value of Center point, Inc.                                               $220 million

Fair value of Center point’s net assets (excluding goodwill) 200 million

Implied fair value of goodwill                                                 $ 20 million

Measurement of impairment loss:

Book value of goodwill                           $62 million

Implied fair value of goodwill                  20 million

Impairment loss                                       $42 million

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4 0
3 years ago
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