Total revenue equals A)price per unit times change in quantity sold. b)price per unit times quantity supplied. c)change in price
1 answer:
Answer:
d) price per unit times quantity sold
Explanation:
Total revenue refers to the total receipts generated by a firm at a given level of output sold. It is represented by:
TR = P × Q
wherein, TR = Total Revenue
P= Price per unit
Q= Units or Quantity sold
Marginal revenue refers to the addition to total revenue when an additional unit is sold.
It is expressed as;
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Answer:
Mary should answer that more than half of the boxes not be rejected.
Explanation:
Probability:
Box has one defective screen = 0.6
Box has three defective screen = 0.4
no. of screens in a box = 8
The box is rejected if both of the inspected screens are defective.
Probability of rejecting a box:
= 0.04286
Only 4.286% of the boxes will be rejected.
Therefore, Mary should answer that more than half of the boxes not be rejected.
The amortization of the software development costs for the year 2022 would be $5,60,000.
<h3>What is Amortization?</h3>Amortization is the process of repaying a debt in equal amounts over time. A portion of each payment is applied to the loan principal, while the remainder is applied to interest.
When a mortgage loan is amortized, the amount paid toward principal begins small and steadily increases month after month.
<u>Computation</u>:
According to the given information,
The revenues of 2022 from the sale of new software(Sales Revenue)= $4,000,000.
Anticipated Additional Revenues = $6,000,000
Then, the total revenue is :
Then, the percentage of Total Revenue would be:
Then, the Cost incurred from June to the date of product release =
Therefore, the amortization of the software development costs for the year 2022:
Learn more about the Amortization, refer to:
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