Answer:
Option A. $20
Explanation:
Marginal cost be MC, marginal revenue be MR and . We know that
MR = ∆TR ÷ ∆Q
or
MR = (P∆Q+Q∆P) ÷ ∆Q
Here,
P is Profit-maximizing price
or
MR = (P∆Q ÷ ∆Q) + (Q∆P ÷ ∆Q)
or
MR = P + (Q∆P ÷ ∆Q)
we can also write the above equation as
MR = 
also,
Price elasticity of demand PED = 
or
MR = P + [ P ÷ (PED) ]
We know MR = MC
Therefore,
MC = P + [ P ÷ (PED) ]
(P − MC) ÷ P = −1 ÷ PED
Substituting the values provided in the question
MC = $10
PED = -2
we get
P = [ PED ÷ (1 + PED)] × MC
P = ( -2 ÷ -1) × 10
or
P =$20
hence,
Option A. $20
Answer:
The net realizable value of the accounts receivable immediately after the writing-off the uncollectible is $26,900
Explanation:
The formula to compute the net realizable value of accounts receivable is:
Net realizable value = Balance of accounts receivable - Balance in the Allowance for Doubtful Accounts
= $30,600 - $3,700
= $26,900
The amount of uncollectible which is written off will not be deducted from the balance of accounts receivable as this amount is already included in Allowance for doubtful account.
Answer:
Batch-level costs.
Explanation:
The procurement cost is the cost that incurred for placing the orders with respect to the materials and supplier payment and these cost would be classified as a batch level cost as these cost are incurred in the batches
So as per the given situation the batch level cost would be taken into the consideration
And, the other options are incorrect
The "loanable funds market" is a term used by economists to describe the. market that coordinates the borrowing and lending of individuals and firms. The short-run aggregate supply curve shows the relationship between. the general level of prices and the quantity of goods and services that domestic firms will supply.