D.) Marginal cost is equal to average total cost. (Because when the average total cost is at its minimum, marginal cost is also at its minimum.)
In the political state of the world as at now, a lot of countries are using representative democracy where there seems to economic power tussle between China and America.
<h3>What is the current state of the world economy?</h3>
The economy of different nations are said to be growing wile some are expressing some financial crises.
Note that studies has shown that Global growth will rise to about 3.4 percent for 2021.
Therefore, In the political state of the world as at now, a lot of countries are using representative democracy where there seems to economic power tussle between China and America.
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Answer:
intermediate goods current year output produced by national borders
Answer:
C. using more liberal credit terms to increase sales
Explanation:
According to the question it is given that the ratio of account receivable turnover has measured that comes 12 times which means it took 30 days
= 365 ÷ 12
= 30.41
= 30 days
But according to the competition, the ratio of account receivable turnover is 8 times so the competitor took 45 days
Therefore the Management of marian would have more liberal credit terms that would increase the sales
