If a company's scope is too big then the company will lose its direction and focus.
Answer:
see below
Explanation:
a. What you give up for taking some action is called the <u>opportunity cost. </u>
b. <u>Average total cost</u> is falling when marginal cost is below it and rising when marginal cost is above it.
c. A cost that does not depend on the quantity produced is a <u>fixed cost.</u>
d. In the ice-cream industry in the short run <u>variable costs</u> includes the cost of cream and sugar but not the cost of the factory.
e. Profits equal total revenue minus <u>total costs.</u>
f. The cost of producing an extra unit of output is the <u>marginanal cost.</u>
<span>D is the correct answer. The business benefits because the owners can share responsibilities, in most cases. However, some people may be silent partners - for example, they may invest in a business, but not have any say in how it is run.</span>
I think it’s a consignment loan.
Answer:
General Legder
Explanation:
A general ledger is a title given to the entire accounting system of a company. The general ledger comprises all the accounts used in the bookkeeping system of a company. It sorts and summarizes a company's financial transactions.
The general ledger keeps and maintains information required to prepare the company's financial statements.
