Answer:
Therefore option A is correct.
All firms selling corn must have the same MC regardless of each firms cost structure
Explanation:
In the perfectly competitive market, for profit maximization we set P = MC
In the perfectly competitive market, firms are price taker so demand curve is same for every firm and price is same too, so MC must be same for every firm
Therefore option A is correct ie. all firms selling corn must have the same MC regardless of each firms cost structure.
<span>The term applied to the periodic expiration of a plant asset's cost over its life in a balanced and orderly way is depreciation. It is not process for valuation nor is process that results in gathering of cash. Land expenses are not subject to depreciation.</span>
Answer:
$3,799
Explanation:
The total bill amount is
Before that The computation of the fixed cost and the variable cost per minute by using high low method is computed
Variable cost per minute = (High bill cost - low bill cost) ÷ (High minutes - low minutes)
= ($4,500 - $2,630) ÷ (480 - 160)
= $1,870 ÷ 320
= $5.84
Now the fixed cost equal to
= High bill cost - (High minutes × Variable cost per minute)
= $4,500 - (480 × $5.84)
= $4,500 - $2,803
= $1,697
Now the total bill would be
= Fixed cost + expected minutes × variable cost per minutes
= $1,697 + 360 × $5.84
= $1,697 + $2,102
= $3,799
Answer: staff authority
Explanation:
From the question, we are informed that Joan, the editorial head of a daily newspaper, implements a change to the newspaper's outline and he then discusses this change with Sylvia, the marketing head of the company, and advises her to improvise the marketing strategy based on the updated outline.
The organizational authority, that Joan is most likely exercising is the staff authority. This is the power given to an employee based on the role or work they do in the organization. He is applying the authority as a staff.
Answer:
$610,000
Explanation:
Based on the information given if he were to consider using the land and as well as the facility in a new project the COST that he should include in the PROJECT ANALYSIS will be the amount of $610,000 reason been that we were told received an offer of the amount of $610,000 for the land and as well as the facility last week.
Therefore using this land and facility in a new project, the cost that he should include in the project analysis will be $610,000
