Answer: Marginal revenue is -$500.
Explanation: The marginal revenue is calculated as the change in total revenue subtracted by the change in quantity.
Total revenue is calculated by multiplying the price by the quantity:
At a quantity of 20 driveways, the total revenue is = 20 × $10,000 = $200,000
At a quantity of 21 driveways, the total revenue is = 21 × $9,500 = $199,500
Marginal revenue = $199,500 - $200,000
= -$500
Answer:
I believe its B.
Explanation:
C and D don't make any sense since it is impractical to suffer during the hot months, and A is wrong (I believe) since the budget needs to be shifted to bring attention to the AC. So by elimination its B.
Answer:
The necessary adjusting entry would include a credit to the allowance account for $40080
Explanation:
Marigold Corp.'s Account Balances
At December 31, 2020
Accounts Receivable $917000 Debit
Allowance for Doubtful Accounts $1920 credit
Bad Debts $42000
Unadjusted Balance of Uncollectibles $ 1920
<u>Estimated Balances $ 42000</u>
<u>Required Adjustment $ 40080</u>
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The data tells that the Allowance for Doubtful Accounts has a credit balance of $1920 the required adjustment to the allowance for doubtful accounts is $ 40080. The required entry is
Bad debts Expense 40,080 Dr.
Allowance for Doubtful Accounts $40,080 credit
Answer:
e) energy returned divided by energy invested.
Explanation:
When assessing energy resources, it is helpful to use a measure called Energy Returned On Investment (EROI), which is energy returned divided by energy invested.
Energy Returned On Investment (EROI) is a means of measuring the quality of an energy source.
Generally, EROI can be defined as the ratio of the quantity of usable energy (exergy) gotten from a specific energy resource to the quantity of energy used to produce that energy resource.
<em>Some examples of energy resources are fossil fuel, solar, hydropower, wind, nuclear, tidal, hydrogen, wave etc. </em>
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