Answer: Option 'b' is correct.
Explanation:
The lowest point on a purely competitive firm's short run supply curve corresponds to the minimum point on its MC curve.
As we know the relation between ATC, AVC, AFC, MC.
1) when AC > MC then, MC rises,
2) When AC = MC, then AC reaches its minimum point.
3) When AC < MC , then MC falls.
And MC falls at higher rate than AC,
So, MC reaches its minimum point first and it is the lowest point for perfect competition.
Hence, Option 'b' is correct.
Answer:
Cash account in the amount of $10,100
Explanation:
The journal entry to be recorded for the receipt of payment is as:
Cash A/c.............................................Dr $10,100
Note receivable A/c...................Cr $10,000
Interest Revenue A/c..................Cr $100
Being recoded the receipt of payment
As payment is received so asset is increasing and any increase in asset is debited. Therefore, cash account is debited. And the note receivable got decrease will be credited and the interest revenue is also credited.
Computation of interest revenue is as:
Interest revenue = Amount × % of note × Days / Number of days in a year
= $10,000 × 6% × 60 / 360
= $100
Note: Assume 360 days in a year
<span>Your task is to take this and construct a graphical representation of the data. in doing so, you determine that as the price of soup rises, the quantity of soup demanded decreases. This confirms the Law of Supply and Demand which states that the supply is inversely proportional to the demand. Simply speaking, whenever there is an increase in the price, the supplier tends to produce an excess supply even though the demand is low to generate a greater profit.</span>
i think your answer is B
ok
:P
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Answer:
Ethical Dilemma
Explanation:
According to my research on different managerial roles and responsibilities, I can say that based on the information provided within the question Eumi is experiencing an Ethical Dilemma. This is because like mentioned in the question Eumi can either choose the morally right option which is choosing the more expensive safer product, or choosing the less safe - less expensive option which will increase her bonus, which would be ethically wrong.
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