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frosja888 [35]
3 years ago
13

A firms supply curve is equal to _________________ above the minimum point on the ________________curve. Select the correct answ

er below: marginal revenue; average total cost marginal cost; average variable cost average total cost, marginal cost average variable cost, average total cost
Business
1 answer:
Sergio [31]3 years ago
3 0

Answer:

The correct answer is: marginal cost; average variable cost.

Explanation:

The supply curve of a perfectly competitive firm is equal to its marginal cost curve above the minimum point of its average variable cost. This happens because the firm supplies at the point where its price is equal to marginal cost and covering the average variable cost.  

In case the product price does not cover the average variable cost, the firm will stop production.

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The rules governing when a sale is a sale when the product is _____and _____; the buyer can cancel prior to that.
zhuklara [117]

Basically, the rule of sales contract recognizes that sales is done when the product is negotiated on and <u>paid for</u>, and thus, the the buyer can cancel prior to that.

In the contract on sales, a sale formally becomes a sale when a party gives something to another in exchange for money.

  • The consideration (Premium/Sales cost) is the main factor that makes a sales contract valid and legal.

Hence, the rule of sales contract recognizes that sales is done when the product is negotiated on and <u>paid for</u>, and thus, the the buyer can cancel prior to that.

Read more about sales contract:

<em>brainly.com/question/17179342</em>

6 0
2 years ago
Behavioral segmentation addresses the knowledge of, use of, response to, and attitude toward a product. Which of these is an exa
-Dominant- [34]

Answer:

  • <u>an airline targeting customers with over 500k miles of travel on its airline</u>

Explanation:

Note, the focus of behavioral segmentation is to identify and separate the marketing strategy used on clients/customers based on mainly their behavior, and not on demography (age, gender, etc) or geography.

Hence, the best scenario from the above options is that of an airline that targets customers with over 500k miles of travel on its airline. In other words, their traveling behavior (distances covered) is the basis why they are targeted, without consideration of demography or their geography.

3 0
2 years ago
As a new supervisor, you need to introduce yourself to your team of ten employees. the best medium for this type of non-routine
Stells [14]
The answer to this question is that the best medium would be a face to face meeting. A face to face meeting is a meeting where in group of people are being held in a specific meeting room to meet and discuss a specific agenda. Face to face meetings are said to be the best type of meeting because this ensures engagement and it is more efficient.
7 0
3 years ago
1. prepare income statements for both garcon company and pepper company. 2. prepare the current assets section of the balance sh
vagabundo [1.1K]

There are three main parts of income statements and they are:

  1. Revenue
  2. Expenses
  3. Profit

<h3>What is an Income Statement?</h3>

This refers to the profit and loss account of a company that shows the expenses and revenue for a particular company.

Hence, we can see that a sample income statement would be:

BOSKA COMPANY

Income statement for August 29, 2021

NET SALES------------------ $2,000,000

GROSS SALES-------------$500,000

GROSS PROFIT-------------$1,5000,000

Read more about income statements here:

brainly.com/question/24498019

#SPJ1

8 0
2 years ago
If the expected sales volume for the current period is 7,500 units, the desired ending inventory is 263 units, and the beginning
pentagon [3]

Answer:

Total production for the current period is expected to be 7420 units.

Explanation:

The current production should be enough to meet the required units needed for the desired ending inventory and the units needed to meet the current sales after adjusting for the opening inventory of units that is available. Thu,s the current production requirement will be,

Production = Closing Inventory + Sales - Opening Inventory

Production = 263 + 7500 - 343

Production = 7420 units

7 0
3 years ago
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