The most reasonable answer would be TRUE. I believe
Hope this helped out
Answer:
c. $3,150
Explanation:
The computation of the gross income is shown below:
= Interest on savings accounts + Interest on a State bond + Interest portion of proceeds of a 5% bank certificate of deposit + Dividends on USG common stock
= $2,000 + $600 + $250 + $300
= $3,150
We do not consider the school bonds as it would not be included in the gross income. So, we ignored it
Answer:
daniel should have focused on the message and not on the way it was delivered.
Explanation:
If Daniel had focused more on getting the message that was being passed by Kirk Douglas, he would have enjoyed the show more.
But in this case he was more focused on how Kirk Douglas was not accurately forming his words. The more he listened the more frustrated he became.
Answer:
The correct answer will be the "proportion of firms with flexible prices".
Explanation:
- The sticky market or price mechanism induces on the upward steep slopes quantity supplied for the immediate term cumulative. That was because firms reacting to changes and differences in economic conditions are restrictive in fluctuating prices.
- We addressed the explanations or causes behind the strength and stiffness throughout this section.
So that the above is the correct solution.
Answer:
The point at which revenue matches the combination of fixed and variable costs
Explanation:
Revenue is the total receipts from sales. Cost is the total expenditure on sales.
Break Even point is the point at which firm is at 'no loss, no profit situation'. It is earning revenues just sufficient to cover various (fixed & variable costs) of the business.
Mathematically : It is a point where Total Profit = Total Revenue - Total Cost = 0. Hence implying TR = TC.
Graphically, it is the point at which TR, TC curves intersect. Before B.E.P ; TR < TC & firm incurs losses. At B.E.P ; TR = TC, no profit, no loss. After B.E.P ; TR > TC firm earns profit.