Transparency is an image, text, or positive transparent photograph printed on transparent plastic or glass, able to be viewed using a projecter.
Answer:
C. decreasing output would increase the firm's profit.
Explanation:
The marginal concept explain the benefit or the cost that a company or firm gets of produce and additional unit of their product. In this case the marginal costs exceeds the marginal revenue, It means that the actual level of revenue isn't producing the optimum profit that could reach if the company decrease the output, for example
Marginal Cost= $1.20
Marginal revenue =$1
Difference = $1 - $1.20
= -$0.20
It means that the revenue of the firm increase but not at the same level that the marginal cost, that in this case is higher, it means that every additional unit affects negative the profitability of the company.
Answer will be ‘Desire’ according to me.
Answer:
8.2 times
Explanation:
The first step is to calculate the average receivable
= $114,000+$152,000/2
= $266,000/2
= $133,000
Therefore the accounts receivables turn over can be calculated as follows
= net sales / average receivable
= $1,090,000/$133,000
= 8.2 times
Hence the account receivable turnover is 8.2 times
