Answer:
C. a movement down along the supply curve for that good.
Explanation:
A decrease in price would lead to a decrease in the quantity supplied and a movement down along the supply curve.
This is in accordance to the law of supply which says the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
Answer:
D) When incremental revenues exceed incremental costs
Explanation:
Incremental revenues are the additional revenues generated by selling additional units, or in this case an special order. Incremental costs are the additional costs generated by accepting the special order.
Generally when a special order is being considered, the company must first determine if the additional output is possible with the current capacity, and if so, which additional costs would apply to the special order. Generally certain fixed costs are not included in the cost analysis of special orders, and only variable costs are used to determine if it generates profits or not.
Answer: Partial Productivity.
Explanation:
Goldie is making use of partial productivity to evaluate her company's performance. Partial Productivity is a method of calculating productivity by comparing the total output to a fraction of the input.
Partial Productivity =
output / single input
Answer:
$1,600
Explanation:
It is important to note that the company uses accrual basis accounting. The Service Revenue account should be credited for $1,600
Answer: B
Explanation:
I THINK DONT BE MAD IF ITS NOT
