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kiruha [24]
4 years ago
14

Suppose a firm in a competitive market produces and sells 150 units of output and earns $1,800 in total revenue from the sales.

If the firm increases its output to 200 units, the average revenue of the 200th unit will be
a less than $12.
b. more than $12.
c. $12.
d. Any of the above may be correct depending on the price elasticity of demand for the product
Business
1 answer:
Debora [2.8K]4 years ago
7 0
I am pretty sure it’s D.
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As part of the ____________ phase, the customer may identify items that need to be corrected, which can require the team to re-p
levacccp [35]

Answer:

Project Closing Phase, is the correct answer.

Explanation:

It is the last phase in the project  cycle. In this phase the project is closed and report of success is given to the sponsor. The deliverable are handed to the the customer, documentation is handed to the business, equipment and staff are released and stakeholders are informed about the closure of he project. Once the project has been closed  and   post implementation review is done for determining the success and identifying the lessons learned .

8 0
4 years ago
Which of the following would be considered a capital expenditure?
Alborosie

Answer:

B. Paying city inspection fees for new equipment

Explanation:

Capital expenditure is an expense incurred by the business to maintain its fixed assets with an objective to increase its efficiency. Any additions and improvements in fixed assets is an capital expenditure.

City inspection is required to evaluate the working condition of the asset and any fees paid for it, is a capital expenditure.

Interest payment on construction bonds, lease rental payments of assets and mortgage interest on asset is a liability payable in intervals and all they are operating expense and not considered to be capital expenditure.

8 0
3 years ago
Crane Company incurs these expenditures in purchasing a truck: cash price $22,280, accident insurance (during use) $1,940, sales
Vladimir [108]

Answer:

Cost of Truck = $26360

Explanation:

given data

cash price = $22,280

accident insurance = $1,940

sales taxes = $1,730

motor vehicle license = $250

painting and lettering = $2,350

solution

we know that Accidental insurance and the vehicle license are not include in cost of truck because there are yearly cost so that cost of the truck will be as

cost of the truck = cash price + sales taxes + painting and lettering ..............1

put here value we get

Cost of Truck = $22,280 + $1,730 + $2,350

Cost of Truck = $26360

8 0
3 years ago
In the U.S. economy, the offsetting effects of private saving compared to government borrowing are typically noted as being repr
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Answer:

c) much less than one-to-one

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And based on this info we can say that the offsetting effects associated to private saving compared to government borrowing needs to be much less than one-to-one.

In the US occurs a Budget Deficit around 1998-199 since the % of GDP increase considerably around 3-4% and a trade deficit occurs around 2004 when the % of GDP was around -6%.

5 0
4 years ago
Josie owns a shop in her hometown that offers only a limited number of product​ categories, but she does carry a large selection
anzhelika [568]

Question Options:

A. Department store

B. Discount store

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8 0
3 years ago
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