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2 years ago

To confirm the official requirements for becoming a cosmetologist, you should check with ______________________.

1 answer:

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A cosmetologist is someone who works in the field of beauty treatment, which can range from hair care to make up. If you wish to be a cosmetologist, you should check what qualifications you will need with your state board of cosmetology.

Each state in the U.S. has their own board of cosmetology where people who are interested in pursuing this career can consult more about the details on how to do it.

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A producer of fixed proportion goods X and Y (Q = Qx = Qy) has marginal costs and revenues of MC = 10 Q, MRX = 150 - 6 QX, MRy =

sammy [17]

Answer:

a. Qx =9, Qy=9

Explanation:

As per the given data

Q = QX = QY

MRX = 150 - 6QX = 150 - 6Q

MRY = 30 - 4QY = 30 - 4Q

MC = 10Q

Now calculate the Marginal revenue as follow

MR = MRX + MRY

MR = 150 - 6Q + 30 - 4Q

MR = 150 + 30 - 6Q - 4Q

MR = 180 - 10Q

The Equilibrium of the producer will be

MR = MC

180 - 10Q = 10Q

180 = 10Q + 10Q

180 = 20Q

Q = 180 / 20

Q = 9

As we know

Q = Qx = QY

Hence, the value of Qx and QY is 9

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2 years ago

Which of the following is the purpose of requiring banks to keep a specific percentage of their deposits on hand in the vault? A

love history [14]

Answer:

A. To enable the government to calculate the bank's tax burden more easily

Explanation:

hope this helps

8 0

2 years ago

Read 2 more answers

Assets are usually reported at their A. appraised value. B. historical cost. C. current market value. D. none of the above.

WITCHER [35]

Answer:

B. historical cost.

Explanation:

In financial statements assets are reported at their cost of purchase or historical cost. This approach does not account for price fluctuations under present market conditions.

Historical cost is used to avoid inflating financial position of an organisation, as price changes in the market are largely temporary.

Valuation on the other hand considers an asset's fair market value.

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3 years ago

On July 1, 2018, Fred City ordered $1,500 of office supplies. They were to be paid for out of the general fund when received. Re

nalin [4]

Answer:

Government-Wide Statements no entry is required, because under accrual accounting, no entry is made until a transaction occurs.

Explanation:

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3 years ago

Suppose a textbook monopoly can produce any level of output it wishes at a constant marginal (and average) cost of $5 per book.

Valentin [98]

Monopoly form of market also has a downward sloping demand curve where he sells more at lower price.

<u>Explanation:</u>

A monopoly is a form of market where there is only single seller of a particular product in the market and there is no close substitute of that particular product in the market. Therefore there is no supply curve in the monopoly form of market.

A demand curve in the case of a monopoly is also a downward sloping demand curve because a monopolist can sell more by reducing his price of the product.

7 0

2 years ago