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4 years ago

Select the correct answer.

Business

1 answer:

sammy [17]4 years ago

5 0

Answer:

I think C, because she is taking notes and showing that she is interested in listening.

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The entry of new firms cause the demand curve of an existing firm in a monopolistically competitive market to shift to the left

Ugo [173]

My Answer: The entry of new firms cause the demand curve of an existing firm in a monopolistically competitive market to shift to the left because each will have a smaller share of the existing market and become more elastic since consumers will have additional choices.

Hope I helped! :D

5 0

3 years ago

Schrute Farm Sales buys portable generators for $ 470 and sells them for $ 720 He pays a sales commission of 5% of sales revenu

tigry1 [53]

Answer:

The contribution margin statement is found below with a contribution margin of $149,800 and operating income of $145100

Explanation:

Contribution Margin Statement

Sales revenue ($720*700) $504000

Variable costs:

Cost of generators($470*700) ($329000)

Commission(5%*$504000) ($25200)

Contribution margin $149,800

Fixed costs

Rent ($3000)

Additional commission ($1,700)

Operating income $145100

Cost of rent is fixed as it is not depended on the quantity of generators sold.

Additional commission is fixed amount,so it is a fixed cost, while costs of buying generators as well as the commission of 5% are both variable costs.

5 0

3 years ago

Don, an office equipment sales representative, earns a weekly salary plus a commission on his sales. One week his total compens

Y_Kistochka [10]

Answer:

The answer is: Don's weekly salary is $460 and his sales' commission is 5%

Explanation:

We have to solve the following two equations:

Don's salary week 1 = b + $3,000c =$610

Don's salary week 2 = b + $4,000c =$660

Where:

b = Don's base weekly salary
c = sales' commission

Step 1:

b + $4,000c =$660

-(b + $3,000c =$610)

$1,000c = $50

Step 2:

c = $50 / $1,000 = 0.05 = 5%

Step 3:

b + ($3,000 x 5%) = $610

b + $150 = $610

Step 4.

b = $610 -$150 = $460

8 0

3 years ago

Nance Corporation’s December 31, 2017 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, 30,000

FromTheMoon [43]

Answer:

47960000

Explanation:

Please see attachment .

7 0

4 years ago

Which form of media advertising has seen the sharpest decline in the United States over the last 15 years

sweet-ann [11.9K]

The form of media advertising that has seen the sharpest decline in the United States over the last 15 years is the Newspaper.

The Newspaper used to be very common in the past. It was the most common means of reaching the bigger audience. Apart from its use as a medium of carrying the happenings in the society, it also served as a means of advertising.

The decline in the use of the Newspaper today is partly due to the riser in the use of electronic media. People have moved on past the age of Newspaper. Most topics are now discussed electronically especially through the social media.

8 0

2 years ago