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saul85 [17]
3 years ago
13

Which kind of business organization does not allow for profit sharing?

Business
1 answer:
Nataly_w [17]3 years ago
6 0
The answer is d sole proprietorship
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When total revenues fall below total costs, production should end. However, if marginal revenue exceeds variable cost, productio
const2013 [10]

Answer:

False

Explanation:

A firm should end production and shut down only when its total revenue falls below variable costs, because at this point, production will bring about more losses, compared to if the company isn't producing at all.

<u>If total revenue exceeds and can cover its variable cost, a firm should remain in operation in the short run</u> (even if it is incurring losses), as this contributes to paying off the firm's fixed costs.

8 0
3 years ago
True or false: The aggregate demand curve slopes downward because it reflects a direct relationship between the price level and
bearhunter [10]

The aggregate demand curve slopes downward because it reflects a direct relationship between the price level and the amount of real output demanded. This statement is false.

<h3>What is a demand curve?</h3>

It should be noted that a demand curve simply means the graph that illustrates the quantity bought at a price.

In this case, the curve slopes downward because output reduces as price increases. This shows an inverse relationship.

Learn more about demand curve on:

brainly.com/question/1486483

#SPJ1

6 0
2 years ago
The consumer price index is used toGroup of answer choicesturn dollar figures into meaningful measures of purchasing power.chara
jenyasd209 [6]
Im confused on what the question is
8 0
2 years ago
Inventory records for Marvin Company revealed the following:
lbvjy [14]

Answer:

Ending inventory= $5,592.45

Explanation:

Giving the following information:

Mar. 1: Beginning inventory= 1,090 units at $7.25

Mar. 10: Purchase: 510 units at $7.75

Mar. 16: Purchase: 397 units at $8.35

Mar. 23: Purchase: 510 units at $9.05

First, we need to calculate the number of units in ending inventory:

Ending inventory in units= total units - units sold

Ending inventory in units= 2,507 - 1,880= 627

Under FIFO (first-in, first-out), the ending inventory is composed of the cost of the last units bought.

Ending inventory= 510*9.05 + 117*8.35= $5,592.45

6 0
3 years ago
___ refers to factors that prevent new firms from successfully competing in the industry
antiseptic1488 [7]

Answer:

barriers to entry

Explanation:

3 0
2 years ago
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