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Charra [1.4K]
3 years ago
5

Match each term with the correct definition.

Business
1 answer:
JulijaS [17]3 years ago
6 0

Answer:

1. Economics - The social science concerned with how individuals, institutions, and society make optimal (best) choices under conditions of scarcity.

2. Opportunity cost - The next-best thing that must be forgone in order to produce one more unit of a given product.

3. Marginal analysis - Making choices based on comparing marginal benefits with marginal costs.

4. Utility - The pleasure, happiness, or satisfaction obtained from consuming a good or service.

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If the sales volumes in the east and west regions had been reversed, what would be the company’s overall break-even point in uni
Illusion [34]

The break-even point is the level of sales at which profits are equal. The company sold 38,000 units in the eastern region and 13,000 units in the western region

Equal gross revenue means no loss or profit for small businesses. This means that we have reached a stage of production where the cost of production equals the revenue of the product.

To calculate the breakeven point in units, use the following formula: Points (Sales) = Fixed Costs ÷ Contribution Margin

The break-even point (BEP) helps the business owner/CFO to realistically check how long it will take to see a return on an investment. For example, calculate or model the minimum turnover required to cover the cost of entering a new location or new market.

Learn more about BEP at

brainly.com/question/21137380

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6 0
1 year ago
The Dominican Republic and Nicaragua both produce coffee and rum. The Dominican Republic can produce 20 thousand tons of coffee
Dafna11 [192]

Answer:

The answer should be un terms of the traded goods. In the case of the minimum price of rum, it is 0.5 barrels of rum per one ton of coffee. In the case of the maximum price of coffee, it is 6 tons of coffee per barrel of coffee.

Explanation:

These values come from the analysis of opportunity cost that both countries have at the moment of use the production capacity: if the Dominican Republic decides to produce rum, then it would give up on coffee. The same with Nicaragua, when it chooses to produce coffee, it gives up producing rum. The potential trade opportunities arise in the mix of prices where both countries can take benefit form the exchange of goods (obtaining more of one product than producing with its own capacity). This is called comparative advantages, and it is a theoretical justification of international trade.

7 0
3 years ago
Daniela is a 25% partner in the JRD Partnership. On January 1, JRD makes a proportionate, liquidating distribution of $16,000 ca
Llana [10]

Answer:

Here the correct option is 1) $0.

Explanation:

Here Daniela will not recognize any gain because in the operating distribution, JRD partnership has not distributed money in an amount that is greater than Daniela's basis in the partnership interest and since a partner will never recognize a loss from partnership distribution , then Daniela will focus on reducing the basis of inventory she has received in the liquidation of her interest.

4 0
3 years ago
Which is an example of a news publication source for an informative essay? a television broadcast a message board an interactive
Ainat [17]

An academic source for an instructive article can be a legal document, option (d) or (iv) is the correct answer.  

<h3>What is a source for an informative essay?</h3>

An informative essay's goal is to educate people about a certain subject. These essays will usually respond to one of the five Ws;

  • Who
  • What
  • Where
  • When
  • Why

Therefore, more than television broadcasts, interactive websites, and message boards, a legal document proves to be a citation and publication source in an authentic way.

For more information about the communication board, refer below

brainly.com/question/985128

5 0
3 years ago
What flexibility assessment requires a partner?
SSSSS [86.1K]
Among the choices, letter A. trunk lift can be done with a partner. Trunk rotation and sit-and-reach can be done alone. When doing trunk lift, you can't measure alone on how far you have reached. Your in laying position where you are facing down. Your two hands are pressed under your legs.
6 0
3 years ago
Read 2 more answers
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