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Mazyrski [523]
3 years ago
11

The Carolina Christmas Tree Corporation grows and sells 500 Christmas trees. The average cost of production per tree is $50. Eac

h tree sells for a price of $65. The Carolina Christmas Tree Corporation’s total revenues are _________.a. $7,500. b. $25,000. c. $32,500. d. $67,500.
Business
1 answer:
vladimir2022 [97]3 years ago
3 0

Answer:

The Carolina Christmas Tree Corporation’s total revenue is $32,500.

Explanation:

The total supply of Carolina Christmas Tree Corporation (Q) = 500

The selling price of a tree (P) = $65

The total revenue (TR)of Carolina Christmas Tree Corporation = Total supply (Q) * Selling price of a tree (P)

TR = 500 * $65 = $ 32500

Therefore, the answer to the given question is option C = $ 32,500

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Sometimes one observes that the price of a company's stock falls after the announcement of favorable earnings. This phenomenon i
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Sometimes one observes that the price of a company's stock falls after the announcement of favorable earnings. This phenomenon is consistent with the efficient markets hypothesis if the earning were not as high as anticipated

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