Answer:
<u>Break Even point </u>Q = 500000
<u>Shut Down Point </u> P < 5
Explanation:
<u>Break Even point</u> is where Total Revenue = Total Cost.
Total cost = 500000 + 5Q, price = 6 (Given) , Total revenue = Price x quantity
So, TR = TC implies : 500000 + 5Q = 6Q → 500000 = 6Q - 5Q
Q = 500000
<u>Shut Down Point </u>is where firm's Price is < its Average Variable Cost .
AVC is the variable cost on per unit output, is found out by average of variable component of cost function. C = 500000 + 5Q implies variable cost = 5Q , so AVC = 5Q / Q = 5
So, the firm would shut down if its price would go below AVC , ie if P < 5
<em>The cargo container improved distribution by introducing the method of;</em>
D. Standardization
<em>into the shipping industry.</em>
Answer:
C. Purchases.
Explanation:
If the client wouldn't recognize sales or purchase returns, the physical count of inventories will be lower than the inventory quantities per the perpetual records, because those represent exits of inventory units that wouldn't be registered on the perpetual records.
Sales discounts are related to price, not with quantity, therefore they would not have influenced the quantities.
Then it is Purchases. If the client wouldn't recognize the purchases they wouldn't recognize the entrance od units, therefore the client's physical count of inventories would higher than the inventory quantities per the perpetual records.
In order to do this member banks choose 3 bankers and 3 industry leaders to choose six of the nine positions. The<span> majority of the directors on a Branch board are elected by the Reserve Bank, and the remaining Branch directors are appointed by the Board of Governors.</span>