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Brums [2.3K]
3 years ago
5

The net income or net loss is calculated on the

Business
1 answer:
Ber [7]3 years ago
4 0
The net income or net loss is calculated on the statement of owner’s equity.
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A firm is producing 24 units of output. At the 24th unit of output, marginal revenue is $5, and marginal cost is $4; at the 25th
agasfer [191]

Answer:

False.

Explanation:

(1) Units produced = 24 units of output

At the 24th unit of output,

Marginal revenue = $5

Marginal cost = $4

MR ≠ MC

At the 25th unit of output,

Marginal revenue = $4.50

Marginal cost = $4.50

MR = MC

At the 26th unit of output,

Marginal revenue = $4

Marginal cost = $5

MR ≠ MC

A firm maximizes its profit at a point where the marginal revenue is equal to the marginal cost i.e. MR = MC.

It is clear from the above scenario that this firm doesn't stop at 24 units of output because at this point of production profit maximizing condition is not fulfilled which means MR ≠ MC.

This firm should stopped at 25 units of output where marginal revenue is equal to the marginal cost from the 25th unit of output.

6 0
3 years ago
Benefits of delocalisation of firms​
inna [77]

Answer

It encourages the establishment of support business enterprises

Explanation:

This promotes national attachment and solidarity; and furthermore diminishes provincial urban relocation. Market for crude materials: localization makes showcase for privately delivered crude materials in this way making work and winning makers pay.  

When numerous organizations are situated in one locale, foundations, for example, banks, insurance agencies, and merchants are probably going to set up organizations in the region to offer administrations required  

Production of a pool of work: When ventures are moved in one zone, individuals will, in general, relocate to that district looking for business along these lines empowering the making of a pool of work power.

6 0
4 years ago
What takes a new approach to middleware by packaging commonly used applications together, reducing the time needed to integrate
amid [387]

Answer:

D. Enterprise application integration middleware

Explanation:

7 0
3 years ago
How is performance management measured in your organisation?<br> Your answer
Vlada [557]

Performance management is measured through the human resource management department of the organisation.

Explanation:

Human resource management department of the organisation exists in a sense to keep a check on and employ people for the company and see their effectiveness and how well they are for an asset for the company and if not why they have turned out to be a liability.

Performance management is also seen by the department as it makes sure that the employees are not overworked or the company is not overstaffed or understaffed and what share of work is being divided in the company

5 0
3 years ago
What is the amount of cash April Wood Products received from customers during the reporting period if its sales were $42.5 milli
Lera25 [3.4K]

Answer:

<u>$38.5 million</u>

Explanation:

Since the April Wood incoming transactions-accounts receivable increased by 4 million we obtain the cash value by substracting the question total accounts receivable value from the sales.

Where;

sales= $42.5 million

accounts receivable increase= $4 million

Amount of cash April Wood Products received from customers during the reporting period=

$42.5 million - $4 million= $38.5 million

7 0
3 years ago
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