<span>A nation seeking to escalate its overall productivity might
be best assisted by investing money into technology. Developments and advances
in technology which interprets into a more productive economic activity as
creation and delivery of goods and services are improved.</span>
Answer:
given statement is true
Explanation:
given data
sells blankets = $25 each
variable cost = $10
fixed cost = $4,500,000
break minus even point = 300,000 units
to find out
true/ false
solution
we will check here break minus even point for find true or false
so here
Contribution is express as = sells blankets - variable cost
Contribution = $25 - $10 = $15
so
break minus even point = 
put here value
break minus even point = 
break minus even point = 300,000
so we can say given statement is true
Answer:
The correct answer is D
Explanation:
Normal profit also called as the fair return, which means staying in the business without subsidy, higher social welfare, price exceeds the marginal costs and there is no reason for the monopolist to the cut the costs.
Thus, the general problem with adopting or acquire the normal normal profit pricing for the natural monopoly, is that it is not efficiently allocative.
Allocative efficiency states a situation or a condition in which the output of every product is such that that marginal cost and the market price are equal or vice- versa.
Answer and Explanation:
Under the approval process, students need many types of resources from which they can get more and more knowledge in research, faculty advisors are provided to the research students to get those resources. Also with the help of the research mentor students gets additional resources. Some resources can be obtained in some special circumstances also from the IRB office.
Answer:
Explanation:
The journal entries are shown below:
On 1 June 2020
Accounts receivable A/c Dr $50,925
To Sales revenue $50,925
(Being goods are sold on credit)
On July 12 2020
Cash A/c Dr $50,925
To Accounts receivable A/c $50,925
(Being cash received is recorded)
The computation is shown below:
= Sales amount - discount
= $52,500 - $1,575
= $50,925
And, The discount = Sales amount × discount rate
= $52,500 × 3%
= $1,575
