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rosijanka [135]
3 years ago
8

Alex's Furniture Mart produces and sells tables in a perfectly competitive market. When Alex's Furniture Mart produces and sells

250 tables, its marginal cost is equal to $200, and AVC is rising. If the market price of tables is equal to $150, Alex's Furniture Mart should:
a. raise the price of its tables
b. increase its level of table production
c. continue producing 250 tables
e. decrease its level of table production
Business
1 answer:
Tresset [83]3 years ago
6 0

Answer:

e. decrease its level of table production

Explanation:

MC = 200.

Market price = 150 which cannot be changed by any firm.

MC is greater than price = MR then in order to maximise profit MR has to be equal to marginal cost

MC has to be decreases to $150 which is possible only when it reduces output.

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Answer:

Sort by Column B, ZA

Explanation:

The spreadsheet is the software which enables the accountants and business managers to handle complex calculation with ease. Mr.Ibanez has asked students to organize the spreadsheet with names according to descending order. The names are listed in column B. The student should select the area and then click sort option. The dialogue box will appear which will ask to sort according to ascending or descending.

8 0
3 years ago
The account balances of Wilson Towing Service at June 30, 2016, follow:Equipment $12,950Office supplies 1,000Notes payable 4,500
andre [41]

Answer:

Wilson Towing Service

Income Statement

For the month ending June 30, 2016

Service revenue        $12,500

Salaries expense      ($2,500)

<u>Rent expense               ($500)</u>

Operating profit         $9,500

The income statement tells us how much profit/loss did a business make during a certain period of time. In this case, the operating profit was $9,500. In order to calculate net income we would need to subtract taxes but we are not given the tax rate or the taxes due.

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3 years ago
Jessica submitted to cancel event request form to cancel event she is scheduled to conduct three weeks from today the only adver
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Jessica submitted to cancel event request form to cancel the event she is scheduled to conduct three weeks from today the only advertising she has done is to post the flyer at the event venue and select the cancellation procedure she does not need to follow is to arrive at the location at the appointed time for the event and remain there for 30 minutes in case any attendees come.

United HealthCare's(UHC) event cancellation reporting rules include:

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Hence, if Jessica submitted to cancel event request form to cancel the event she is scheduled to conduct three weeks from today the only advertising she has done is to post the flyer at the event venue and select the cancellation procedure she does not need to follow is to arrive at the location at the appointed time for the event and remain there for 30 minutes in case any attendees come.

Learn more about Advertising:

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5 0
2 years ago
According to the World Banks's world development indicators, real gross domestic product (GDP) in sub-Saharan Africa in 2015 was
vovangra [49]

Answer:

0.12%

Explanation:

According to the given situation, the computation of E.U. emergency trust fund as a percentage of sub-Saharan GDP is shown below:-

E.U. emergency trust fund as a percentage of sub-Saharan GDP is

= (Amount of Plans ÷ Real gross domestic product) × 100

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3 years ago
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Answer:

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