Answer:
Portion of its marginal cost curve that lies above its average variable cost curve.
Explanation:
This is explained to be the portion of its marginal cost curve because marginal gross benefits exceeds marginal cost, the firm can earn greater profits by increasing its output.
These profits are been maximized by choosing to supply the level of output where its marginal revenue equals its marginal cost. When this revenue is below the said marginal cost, money is lost, and consequently, it must reduce its output. Profits are however utilized when the firm chooses the level of output where its marginal revenue equals its marginal cost.
Answer: 980
Explanation:
The number of units of inventory that the storage area must be able to hold will be calculated as:
Demand = 100 × 300 = 30000
Production rate per day = 500
Setup cost = $200
Annual holding cost = $10
We then use the economic order quantity formula to solve and the answer will be gotten as 1225
The maximum inventory will now be:
= EQQ × (1-d/p)
= 1225 × (1-100/500)
= 1225 × ( 1 - 0.2)
= 1225 × 0.8
= 980
Energy Transmission, Energy Distribution, Energy Conversion, and Energy Analysis.
Answer:
The correct answer is (b)
Explanation:
It is generally said that if you’re in a family business you are in a partnership. The partvizians is a family which owns several rug stores. When their children will take over the business they will be considered partners. They will own the business equally and they will share the profits and losses. It is also known as a family-owned business where two or more family members run a business and act as business partners.
Given the details above which includes the amount for the rent per month and the security deposit, Kim-Su is required to pay the first month's rent, the last month's rent and the security deposited. Based on this, I can say that the total amount Kim-Su needs is $715 + $715 + <span>$465 is $1,895. Hope this answer helps.</span>
