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3 years ago

If a nondiscriminating imperfectly competitive firm is selling its 100th unit of output for $35, its marginal revenue:

Business

1 answer:

aksik [14]3 years ago

5 0

Answer:

c.will also be $35.

Explanation:

As we know that the MR should be less than price level.

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Government-regulated maximum rent levels are an example of what? A. price floors B. public good C. rationing D. price ceilings

OLga [1]

D. Price ceiling

This is a government regulation that establishes a maximum price for a specific thing.

3 0

3 years ago

When Corinne asked why she didn't get the job, the manager replied, "I needed someone who understood basic accounting practices

OLga [1]

Answer:

The aspect of career readiness the manager feel Corinne was lacking was Knowledge

Explanation:

Career readiness is the preparation and process of acquiring skills, knowledge, talents that are required to start a career, maintain one's position in such career and grow.

The aspect of career readiness the manager feel Corinne was lacking was Knowledge because see made a statement that implied that Corinne lack basic understanding of accounting practice.

Knowledge is an aspect of career readiness that has to do with the theoretical or practical understanding of a subject matter. It is the information, skills and facts gained through experience and education.

Other skills that are acquired in the process of career readiness are communication skills, human relation skills, critical thinking skills etc.

5 0

3 years ago

Which of the following describes what the Fed would do to pursue an expansionary monetary policy? A. use discount policy to rai

koban [17]

Answer:

Option (B) is correct.

Explanation:

Open market operations is a monetary policy instrument that is used by the Federal reserve for controlling the money supply in an economy. If there is a need to decrease the money supply in an economy then fed sells the government securities to the public and on the other hand if there is a need to increase the money supply in an economy then fed purchases the government securities from the public.

So, here the expansionary policy is to purchases the treasury bills from the public.

7 0

3 years ago

All Wet Water Softener Systems has Cash of $400?, Accounts Receivable of $1,000?, and Office Supplies of $600. All Wet owes $300

DanielleElmas [232]

Answer:

D. 5.00

Explanation:

The calculation of current ratio is given below :-

Current Ratio = Current Assets ÷ Current Liabilities

where,

Current Asset = cash + account receivable + office supply

= $400 + $1000 + $600

= $2,000

and the Current Liabilities is

= Account payable + salary payable

= $300 + $100

= $400

So, the current ratio is

= $2,000 ÷ $400

= 5 times

7 0

3 years ago

On August 1, 2021, Trico Technologies, an aeronautic electronics company, borrows $20.6 million cash to expand operations. The l

NNADVOKAT [17]

Answer:

Aug 1st,2021; Entry to record note issuance is as followed:

Dr Note Receivable $20,600,000

Cr Cash $20,600,000

(to record the issuance of note to Trico Technologies)

Dec 31st,2021; Entry to record interest income from note receivable:

Dr Interest revenue receivable $515,000

Cr Accrued Interest Income $515,000

(to record accrued interest income of 5 months; calculated as 20,600,000 x 6% x 5/12 = $515,000)

3. January 31st, 2022; Entry to record repayment of the note at maturity:

Dr Cash $21,218,000

Cr Interest Income $103,000

Cr Note Receivable $20,600,000

Cr Interest Income receivable $515,000

( to record the repayment of the principal and interest income, in which 5 months of interest income had already been recorded in 2021, the other 1 month of interest income $103,000 (20.6 million x 6%/12) is recorded at the end of January which is also maturity time.

Explanation:

8 0

3 years ago