The amount of the payment on May 12 will be the full amount of $230.00
6/10 n/30 means a 6% discount <em>if </em>paid within 10 days and the net amount is due within 30 days. Since the payment was made after 10 days there would be no discount, just the full amount due.
The firm's MRP when it produces 44 units of output (from top to bottom) MRP, Regulated: 200, 160, 120, 80, 40.
<h3>What is
output?</h3>
- Output is the quantity of goods or services produced in a given period of time.
- For a firm that produces a good, the output may simply be the number of units of that good produced each period.
- Months or Years in production.
- Input is the process of taking in something.
- For example, a company receives inputs when it takes raw materials to make a final product.
- Output is the complete opposite as it is the process of sending something.
- Service is the productive outcome of marketing channels that consumers value and desire.
- By identifying the services to offer for each target buyer segment, marketers can optimize their sales strategy for each key segment.
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I'm guessing this is True or False
If so, the answer is False.
Answer:
The false statement is letter "C": Stratification of the population into several homogeneous sub-populations generally reduces audit efficiency.
Explanation:
Stratification is the method of grouping a population into subpopulations, with each group of units having similar characteristics. The efficiency of audits can be increased if the auditor stratifies a population by grouping it into different sub-populations since the variability of items will be reduced.
When a tax distorts incentives to buyers and sellers so that fewer goods are produced and sold, the tax has caused a deadweight loss.
<h3>What is meant by deadweight loss?</h3>
- The gap between the production and consumption of any given good or service, including taxes, is referred to as deadweight loss in economics. Deadweight loss is most frequently detected when the quantity generated compared to the quantity consumed deviates from the ideal surplus concentration.
- Overproduction of commodities results in a loss of money. For instance, a baker might only sell 80 of the 100 loaves of bread they produce. There will be a deadweight loss since the 20 remaining loaves will become moldy and dry, and they will need to be thrown away.
- The loss in economic activity that results when the market pricing of products or services change negatively affects consumers and businesses is referred to as deadweight loss.
- You need to know the change in price and the change in quantity demanded in order to compute deadweight loss. Deadweight Loss is calculated using the following formula:. 5 * (P2 - P1) * (Q1 - Q2).
When a tax distorts incentives to buyers and sellers so that fewer goods are produced and sold, the tax has caused a deadweight loss.
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