Answer:
Increase at a faster rate than the costs associated with those sales.
Explanation:
Generally, the break-even point refers to the point where total cost and total revenue are equal. This implies it is a point at which there is neither gain nor loss.
Specifically, break even unit therefore refers to the sales unit at which total cost is equal to the total revenue. When the unit sold is greater than the break even unit, total revenue will be greater than the total cost, while when the unit sold is less than the break even unit, total revenue will be less than the total cost.
From the question, when the room sales at the Motor Lodge Motel exceeded its break-even point for the month on the twentieth day of the month, it implies that any extra room sales will increase the revenue more than the costs associated with those sales.
Therefore, revenue generated by room sales during the remaining days of the month will increase at a faster rate than the costs associated with those sales.
In economics<span>, </span>deflation<span> can be described as a decrease in the general </span>price level<span> of goods and services or </span>currency appreciation<span> with respect to the same goods and services.</span><span> Deflation occurs when the </span>inflation<span> rate falls below 0% (a negative </span>inflation rate<span>). Inflation reduces the real value of </span>money<span> over time; conversely, deflation increases the real value of money – the currency of a national or regional economy. This allows one to buy more goods and services than before with the same amount of money.</span>
Answer:
62,000 units
Explanation:
Calculation to determine how many units did the Forming Department start and complete in the current month
Total units completed and transferred 84,000 units
Less Inventory at the beginning of this month 22,000 units
Units Forming Department started and completed in the current month 62,000 units
(84,000 units-22,000 units)
Therefore The number of units that the Forming Department started and completed in the current month is 62,000 units
Answer: C. inefficiently low; inefficiently high
Explanation:
If the cotton farmers are not made to pay for the damage that their pesticides cost then they will maintain production at a relatively high level because their input costs will be relatively low. As a result of this high level of production, the price of the goods will be relatively low as well. The point at which both market equilibrium quantity and price are at in this scenario are considered inefficient because they are not taking into account, the true cost of production being the effects of the pesticides being used.
However, if they are made to pay for this negative externality that they are the cause of, it will increase their production cost and force them to reduce production to keep these costs low. As they reduce production, the market price will increase as supply is less.