In the near run, the firm should keep producing because the price is higher than the average variable cost. In economics, the variable cost per unit is known as the average variable cost. Variable cost is divided by the output to derive the average variable cost.
In the short term, the firm use the average variable cost to determine whether to stop production. The variable cost per unit of total product is known as the average variable cost (AVC) (TP). Divide variable cost at a given total product level by total product to compute AVC. This computation is used to calculate the cost per unit of output.
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<span>In order to continue participating in these projects and improve job satisfaction, the organization may choose to provide compensation for these projects. If the organization does not wish to pay employees extra, they could plan these projects to occur during working hours, so employees are still on the clock and getting paid.</span>
The way that the the T account look like after analyzing this transaction is D. Accounts Receivable is debited to increase, and Sales is credited to increase.
<h3>What is a T account?</h3>
A T-account is a colloquial term for a collection of financial records that use double-entry bookkeeping. A T-account is so named because the bookkeeping entries are organized in the shape of a T. Just above the T is the account title.
Accounts receivable are the funds owed by a company's customers for goods or services received but not yet paid for. When a customer purchases a product on credit, the amount owed is added to the accounts receivable.
Therefore, when you have a copy of an invoice sent to a customer for services provided on account, the accounts receivable is debited to increase.
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Answer:
Quantity supplied
Explanation:
In completion of the statement question, 'the is five million' only indicates uncompleted statement.
Quantity supplied is the quantity of a commodity that producers are willing to sell at a particular price at a particular point in time.