Profit will be maximum for the firm where marginal revenue = marginal cost.
Since, the market price is fixed at $8 and therefore each additional unit of camera will be sold at $8.
Hence, marginal revenue = $8.
From the table, it is clear that cameras are manufactured in batches of 100.
Marginal cost is the cost incurred to produce one additional unit of camera. It will be calculated by taking the difference of successive variable costs (or total costs) divided by 100.
To produce 400th unit, marginal cost = (2760 - 1960)/100 = $8
Hence, profit maximising quantity isB. 400 (MR = MC)
$275,000
257,000 Beginning Equity
+51,000 Net Income
+6,000 Investments from stockholders
=314,000 New total
-40,000 Minus dividends payed to stockholders
=275,000 Equals ending equity
Answer:
The most suitable answer is d. means that material differences will be investigated.
Explanation:
In management by exception, the exceptional cases are given the priority. However, this does not mean that other matters are not given attention to. But the material matters are given the top.priority.
Answer:
Elliot's qualified business income deduction is $28,000.
Explanation:
total income
= share in specified service business income + wages of wife
= 280000*50% + $90000
= $230,000
taxable income before QBI = total income - standard deduction
= $230,000 - $24,000
= $206,000
QBI deduction is lesser of:
- 20% of qualified business income
= $140,000*20%
= $28,000
Therefore, Elliot's qualified business income deduction is $28,000.
Answer:
What is the question?
Explanation:
there are no multiple choices.. is it written response??
