Answer:
Explanation:
Total revenue is the amount of money you got for selling all of your products/services.
Marginal revenue is the amount of money you got for selling the last unit of goods or services.
The non-corrosive material is Copper
copper is made of because of the naturally protective film that is formed on top of its surface which consists of <span>cuprous oxide (Cu </span>2<span>0).
This protective film prevents the corrosive process that started whenever a metal is in touch with oxygen or other aqueous substances.</span>
Answer:
Peterson's finished goods inventory cost at December 31 under the variable costing method is $90,000
Explanation:
The computation of the Peterson's finished goods inventory cost is shown below:
= (Variable manufacturing cost ÷ units manufactured) × units difference
= ($630,000 ÷ 70,000 units) × 10,000 units
= $90,000
The units difference would be equal to
= Units manufactured - units sold
= 70,000 - 60,000
= 10,000 units
Answer:
a. linear regression.
Explanation:
Based on the information provided within the question it can be said that in this scenario the best choice would be a linear regression model. That is because this type of approach deals with seeing to what extent there exists a relationship between two variables. Which in this case would be the quantitative data/prices and the square footage of the home.
Answer:
The correct answer is A)
Explanation:
When products and or services are manufactured at a level that maximizes social welfare, allocative efficiency is said to have occurred.
A market system characterized as monopolistic competition may <u><em>never </em></u>achieve productive efficiency because firms often fix prices at a point higher than their marginal costs.
Marginal cost refers to the added cost incurred by producing or manufacturing one additional unit of a product.
Cheers!
