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Ira Lisetskai [31]
3 years ago
9

Smith Company’s adjusted trial balance on August 31, 2013, its fiscal year-end, follows.

Business
1 answer:
CaHeK987 [17]3 years ago
6 0
A compute the company’s net sales for the year
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_____ makes it illegal to refuse to rent to a person who is disabled.
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Selections, a general partnership, operates a gift shop. Selections has five partners. Tony has a one-third interest in the part
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With respect to management decisions a majority of the partners must agree, irrespective of the size of each partner's interest in the partnership.

<h3>What is partnership?</h3>

A partnership is an agreement in which two or more parties, known as business partners, agree to work together to advance their mutual interests. Individuals, businesses, interest-based organizations, schools, governments, or combinations can form partnerships.

A partnership is a single business owned by two or more people. Each partner contributes to every aspect of the business, whether it's money, property, labor, or skill. In exchange, each partner shares in the company's profits and losses.

The goal of a partnership agreement (or partnership contract) is to create a legally binding contract between two or more individuals or other legal entities in order to establish a business enterprise. This partnership agreement specifies each partner's or entity's rights and responsibilities.

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You find a way to lower your production costs. now your marginal cost of making a cookie is only 25 cents. at the market price o
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Jules is thinking about opening a jewelry store why would she need seed capital?
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It might be to train the workers

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The long-run average total cost curve: will rise if diminishing returns are encountered. will fall if diminishing returns are en
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The long-run average total cost curve: will rise if diminishing returns are encountered. will fall if diminishing returns are encountered. will rise if economies of scale are incurred. is based on the assumption that all resources are variable. <u>The law of diminishing returns implies that marginal cost will rise as output increases</u>

<h3>What is cost curve?</h3>

A cost curve in economics is a graph that shows the production costs as a function of the overall quantity produced. A cost curve is produced in a free market economy by productively efficient enterprises optimizing their production process by minimizing cost at each feasible level of production. Cost curves are used by profit-maximizing businesses to determine output levels. In addition to total and average cost curves, there are also marginal ("for each additional unit") cost curves, which are equal to the difference between total and average cost curves, and variable cost curves. Some apply in the near run while others do so in the long run.

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