Answer: is to act as the basic principle of production decision making. "What to produce", "How to produce", and "For whom it should be produced" are the three basic questions of economics
Explanation:
Answer: $918,000
Explanation: Since Shelton Co is considering building a warehouse on the site because the rental lease is expiring then in evaluating the new project all the relevant cash flows must be considered in the protect evaluation. Market value of the land used for constructing the building is an opportunity cash flow and so must be considered. The Relevant cost of opportunity for land will be its fair value.
Therefore ,the initial cost cost of the warehouse project for the use of this land is $918, 000.
Answer:
Fill in the blanks to make the following statements true. Also named the property used.
a. (-5) + (-4) = ___ + (-5),
b. 4 + __ = 4,
c. - 53 + ___ = - 53,
d. 4 + [(-5) + (7)] = [4 + (7)] + ___,
e. 25 + [(-50) + 5 ] = (25 + 5) + ___,
f. (-4) + ___ = -4,
g. 4 + (-4) = ___,
h. 5 + ___ = 0 ,
Explanation:
Fill in the blanks to make the following statements true. Also named the property used.
a. (-5) + (-4) = ___ + (-5),
b. 4 + __ = 4,
c. - 53 + ___ = - 53,
d. 4 + [(-5) + (7)] = [4 + (7)] + ___,
e. 25 + [(-50) + 5 ] = (25 + 5) + ___,
f. (-4) + ___ = -4,
g. 4 + (-4) = ___,
h. 5 + ___ = 0 ,
Answer:
decrease in the day's sales inventory
Explanation:
Corner Hardware has succeeded in increasing the number of goods it sells while holding the amount of inventory on hand, cost per unit, and the selling price per unit at a constant level.
This situation will be reflected in the firm's financial ratios in the form of a decrease in the day's sales inventory.
Answer:
The correct answer is True.
Explanation:
A perfectly competitive market has the following characteristics:
• There are many buyers and sellers in the
market.
• The goods offered by the different sellers
They are largely identical.
• Companies can freely enter and exit the
market.
As a result of these characteristics, perfectly competitive markets, result in:
• The actions of any buyer or seller
have an insignificant impact on the price of
market.
• Each buyer and seller takes the prices of
Market as dice.
A competitive market has many buyers and sellers trading with identical products so that each buyer and seller is price-accepting.
• Buyers and sellers must accept the price
determined by the market.
