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zalisa [80]
3 years ago
12

At equilibrium in a market for a product, the total revenues received by sellers equal the

Business
1 answer:
FrozenT [24]3 years ago
6 0

Equilibrium is a situation where the seller’s Revenue and buyers cost are equal or intersect each other. In other words, the point of Equilibrium can be understood a level at which the total revenues received by sellers equal the total amount spent by buyers on the product.



At equilibrium in a market for a product, the total revenues received by sellers equal the: <u>Total amount spent by buyers on the product</u>




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Poppy is a sales manager for Shimmer Sisters Cosmetics. She told her team she expects each of them to increase their customer in
goldfiish [28.3K]

Answer:

Perfomance standard

Explanation:

A performance standard is a management-approved expression of the performance threshold(s), requirement(s), or expectation(s) that must be met to be appraised at a particular level of performance.

4 0
3 years ago
The IMF has: a. helped support some weaker European countries during the recent financial crisis. b. been very helpful in monito
Ann [662]

Answer:

The correct answer is letter "A": helped support some weaker European countries during the recent financial crisis.

Explanation:

The International Monetary Fund (IMF) is a U.S. based part of the United Nations (UN) agency that promotes international economic prosperity by cooperating with least-favored nations to reduce their unemployment rates. The fund has 189 members and had a vital contribution in the Western European economic recovery after their recent financial crisis as a consequence of unemployment, drop of purchasing power and public debt.

5 0
2 years ago
A client has been given atropine to cause mydriasis and cycloplegia. What is the expected outcome for this client?
Nady [450]

Answer:

dilation of the pupil and loss of accommodation

Explanation:

Mydriasis is the dilation of the pupil of the eye. The dilation causes vision to be blurry.

Cycloplegia on the other hand is the loss of accommodation of the pupil and it is caused by the paralysis of the cilliary muscle of the eye. This paralysis causes the eyes to lose its ability to focus on things nearby.

Looking at this two conditions from the administration of atropine, the expected outcome of the client is blurry vision and inability to focus or see things close by(farsightedness).

I hope this helps.

5 0
2 years ago
Jenna Parker owns and manages her single member LLC which provides a wide variety of financial services to her clients. She is m
Julli [10]

Answer:

Option ( b ) $57,000

Explanation:

Data provided in the question:

Net income = $300,000

W-2 wages = $120,000

Assets with unadjusted basis = $75,000

Taxable income before the QBI deduction = $285,000

Now,

The QBI deduction for 2019 will be given as 20% of the qualified income i.e the taxable income before the QBI deduction

Therefore,

The QBI deduction for 2019 = 20% of $285,000

= 0.20 × $285,000

= $57,000

Hence,

Option ( b ) $57,000

5 0
2 years ago
At the beginning of the year, Rangle Company expected to incur $54,000 of overhead costs in producing 6,000 units of product. Th
Flauer [41]

Answer:

Total cost of the units made in January = $35,400

Explanation:

Direct material cost in January = Direct material cost per unit * Units produced in January = $20 * 600 = $12,000

Direct labor cost in January = Direct labor cost per unit * Units produced in January = $30 * 600 = $18,000

Overhead costs in January = (Units produced in January / Expected units for the year) * Expected overhead costs for the year = (600 / 6,000) * $54,000 = $5,400

Therefore, we have:

Total cost of the units made in January = Direct material cost in January + Direct labor cost in January + Overhead costs in January = $12,000 + $18,000 + $5,400 = $35,400

5 0
2 years ago
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