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Leokris [45]
3 years ago
7

Prove you know what diminishing marginal utility is by creating an example of your own. Your example

Business
1 answer:
valentina_108 [34]3 years ago
6 0

Hi there, I'm not answering this question, sorry.

Your task clearly states you must think of your own example and prove what you know. That's why.

Please, if you're coming onto the <em>Brainly</em> website, at least improve your questions.

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An ice cream manufacturer makes ice cream in two processes, Mixing and Packaging. During April, its first month of business, the
Mazyrski [523]

Based on the sales revenue that the ice cream manufacturer got and the cost of goods sold, the total gross profit on ice cream sales is $300,000.

<h3>How is the total gross profit calculated?</h3>

This can be found as:

= Sales revenue - Cost of goods sold

Sales revenue:

= 200,000 x 4.70

= $940,000

Cost of goods sold:

= Total production cost / Total units produced x Units sold

= 665,600 / 208,000 x 200,000

= $640,000

Gross profit:

= 940,000 - 640,000

= $300,000

Find out more on gross profit at brainly.com/question/942181.

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3 0
1 year ago
The upward-sloping segment of the
Airida [17]

Answer:

increases in the price level that raise profits, inducing firms to produce more

Explanation:

increases in the price level that raise profits, inducing firms to produce more

4 0
3 years ago
Gill company calculated equipment depreciation for the month of $500. the necessary adjusting entry will include a:_________
sesenic [268]

Gill company calculated equipment depreciation for the month of $500. The necessary adjusting entry will include a credit to accumulated depreciation, and debit to depreciation expense.

The basic journal entry for depreciation is to debit the depreciation expense account and credit the accumulated depreciation account. Depreciation expense is recorded on the income statement as an expense or debit, reducing net income.

On the other hand, accumulated depreciation is not recorded separately on the balance sheet. Instead, it is recorded in a contra asset account as a credit, by reducing the value of fixed assets.

Hence, the entry will include a credit to accumulated depreciation, and debit to depreciation expense.

To learn more about depreciation here:

brainly.com/question/28139636

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7 0
2 years ago
Gathering testimonials when preparing for a sales presentation can be helpful in overcoming customer
Alex787 [66]

Answer:

objections

Explanation:

salespeople should

know the product's benefits

making a presentation around what the customer wants

gathering customer reviews

quizletcom250953849mgmtchapter16learnsmartflashcards

7 0
2 years ago
When a company performs services for a customer, and the customer agrees to pay for the services at a later date, the transactio
Cerrena [4.2K]
Beach hut deli gave the awnser
8 0
3 years ago
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