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3 years ago

An increase in the cost of producing a good or service will cause a leftward shift of the supply curve. True False

Business

1 answer:

TEA [102]3 years ago

4 0

Answer:

True

Explanation:

An increase in the cost of production would cause some producers to stop production, supply would fall and the supply curve would shift to the left.

I hope my answer helps you

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In the current year, Oriole Corporation donated a painting worth $30,000 to the Texas Art Museum, a qualified charity. The museu

n200080 [17]

Answer:

$30,000

Explanation:

Oriole Corporation purchased the painting five years ago for $10,000. In the current year, the cost of the same painting is $30,000. Oriole Corporation donated this painting to the Texas Art Museum.

So, Oriole’s charitable contribution deduction is <u>$30,000</u> as the current value of the painting is $30,000.

6 0

3 years ago

When the marginal revenue curve intersects the horizontal axis A. demand is relatively inelastic. B. demand is perfectly elastic

konstantin123 [22]

Answer:

D. demand is unitary elastic.

Explanation:

A unitary elastic demand means that the quantity demanded will change proportionally to any change in the price of the product or service. E.g. price decreases by 10%, then quantity demanded will increase by 10%.

The marginal revenue curve represents the additional revenue generated by selling one more unit. As the marginal revenue curve approaches 0, it means that selling one additional unit generates lower revenues.

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3 years ago

The integration of the lowest level of the WBS with the organizational units responsible for performing the work is known as

Marrrta [24]

Answer:

Organization breakdown structure.

Explanation:

This structure is used to show the people who would be working on a project.

Organization Breakdown Structure is in hierarchy and it explains the built organizational framework useful for project planning, resource management, time and expense tracking e.tc. it tells us the Employees that have been assigned to do particular projects, using knowledge, skills and the ability to do a task from start till finish.

3 0

3 years ago

For the most recent year, Triad Company had fixed costs of $190,000 and variable costs of 75% of total sales revenue, earned $58

poizon [28]

Answer:

The computations are as follows

Explanation:

a) Before tax income is

= After Tax Income ÷ (1 - Tax Rate)

= $58,500 ÷ (1 - 0.35)

= $90,000

b) Total Contribution Margin

Contribution Margin = Fixed Costs + Before Tax Income

= $190,000 + $90,000

= $280,000

c) Calculation of Total Sales

Variable Cost is 75% of Sales

SO, Contribution Margin 25% of Sales

Contribution Margin = $280,000

25% of Sales = $280,000

Sales = $280,000 ÷ 25%

= $1,120,000

d) Break Even Point in dollars

Break Even Point in dollar = Total Fixed Costs ÷ Contribution Margin percentage

= $190,000 ÷ 25%

= $760,000

We simply applied the above formula

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3 years ago

Seattle bank's start-up division establishes new branch banks. each branch opens with three tellers. total teller cost per branc

Setler79 [48]

<span>For a branch that processes 60,000 transactions, the total teller cost is $1.6 per transaction. At 70,000 transactions, the teller cost is $1.37 per transaction. At 80,000, it's $1.2, and at 90,000, it's $1.06. The teller cost is fixed, as it's always $96,000, but the transaction number is variable, as it changes.</span>

7 0

3 years ago