Answer:
Find the difference of 67.2 and 23.9.
Explanation:
The term <u>price taker</u> refers to a firm operating in a perfectly competitive market that must take the prevailing market price for its product. Read below about a perfectly competitive market.
<h3>What is a perfectly competitive market?</h3>
In economics, a perfect market is also known as an atomistic market. A effect competition is defined by several idealizing conditions, collectively called perfect competition, or atomistic competition.
Therefore, in such a market the price taker must take the prevailing market price its product.
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Answer:
The correct answer is D.
Explanation:
Giving the following information:
Sales=$775000
Variable expenses= 523000
Contribution margin= 252000
Fixed expenses= 132000
Net income= $120000
Hard Rubber:
Sales=$65000
Variable expenses=58000
Contribution margin= 7000
Fixed expenses= 22000
Net income= -15000
New net income= 120,000 + 15,000 - 22,000= 113,000
<span>When you buy a bond, you're lending your money to a company or a government (the bond issuer) for a set period of time (the term). The term can be anywhere from a year or less to as long as 30 years. In return, the issuer pays you interest. On the date the bond becomes due (the maturity date), the issuer is supposed to pay back the face value of the bond to you in full.</span>
