The answer is D.Level of bank credit.
Answer:
Money is: any good that buyers and sellers have a desire to purchase, use, or hold. only the printed paper currency and the coins that are produced by the government. anything that both buyers and sellers will accept in exchange for goods and services. the gold and silver behind the currency and the coins that are issued by the government.
Explanation:
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Answer:
hi
Explanation:
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Answer:
B) To maximize profit, firms should produce at a level of output where price equals average variable cost
Explanation:
Firms maximize their profit by equating Marginal revenue with The Marginal cost. So, since for perfectly competitive firms, the price equals the Marginal revenue, for these firms profit is maximized by equating Price with Marginal cost not the average variable cost.
Answer:
The correct answer is C: $5.21
Explanation:
Giving the following information:
Pinnacle Corp. budgeted $264,760 of overhead cost for the current year. Pinnacle's plantwide allocation base, machine hours, was budgeted at 50,840 hours.
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= 264760/50840= 5.21
