Answer: Option B
Explanation: Net income refers to the amount of revenue that a company is left with after recognizing all the expenses incurred to generate those revenues.
The revenue and expenses are recorded on the income statement and the resulting outcome is the net income.
Similarly, as the net income is the income for shareholders of the company. Thus, it is shown in the stockholders equity statement also.
The correct answer is
A) An increase in international shipping has led to more pollution.
Answer:
The correct answer is A
Explanation:
Natural monopoly is the kind of monopoly which exists because of the high start up costs as well as the powerful economies of scale for conducting or performing a business in a particular industry.
And for this type of monopoly to exist , a firm or business need that the long run average cost curve will exhibit the economies of scale by the relevant range of the market demand.
Answer:
c. Your fixed lot size was equal to the EOQ.
Explanation:
At economic order quantity, the Holding cost is equal Ordering cost
. Since Holding cost is higher than the Ordering cost, less number of orders are placed and more inventory is being stored.
