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Ratling [72]
3 years ago
15

Total revenue equals A)price per unit times change in quantity sold. b)price per unit times quantity supplied. c)change in price

per unit times quantity sold. d)price per unit times quantity sold.
Business
1 answer:
vovikov84 [41]3 years ago
4 0

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;

MR = TR_{n}\ -\ TR_{n\ -\ 1}

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3 years ago
1. Suppose the amount of premium leather decreases from 180 to 150 a. Does the shadow price change? Why or why not? b. If possib
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Answer:

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C. The optimal solution didn't change because the product price went from it highest profit 180 to it's least cost 150

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What does our government do with tax money? How does government affect the business cycle? Income distribution?
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5 0
3 years ago
Toussaint Company issued 10,000 shares of its common stock in exchange for merchandise that it will resell. The merchandise had
Aleks [24]

Answer:

The correct answer is $300,000.

Explanation:

According to the scenario, the computation of the given data are as follows:

Original cost = $250,000

Fair value = $300,000

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7 0
3 years ago
Tom Tom LLC purchased a rental house and land during the current year for $150,000. The purchase price was allocated as follows:
Anika [276]

Answer:

correct option is B.$2,273

Explanation:

given data

purchased = $150,000

building = $100,000

land = $50,000

to find out

Tom's maximum depreciation for this first year

solution

we will apply here The mid month convention applies

and recovery period for Residential property =  27.5-year

maximum depreciation will be here as

maximum depreciation = $100,000 × 2.273%

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5 0
3 years ago
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