Answer:
The correct answer is A.
Explanation:
To maximize the profit you need to set a price where marginal cost equals marginal income. If marginal income is higher than marginal cost, each additional unit will increase income. If the marginal cost is higher than the marginal income, each additional unit will decrease income. Therefore, to maximize profit Cmg=Img.
The journal entry to record the first annual payment fot the loan to Shady Creek Resort is:
Date Account title Debit Credit
June, 30 Interest expense $27,000
Notes payable $24,421
Cash $51,421
<h3>How is the first annual payment recorded?</h3>
The interest expense is:
= 330,000 x 9%
= $27,000
Notes payable is:
= 51,421 - 27,000
= $24,421
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Jeremy has focused on developing his listening skills and using his firm's new intranet technology to better convey information. Jeremy is focusing on the employability skills of communication.
Communication is an essential employability trait in today’s fast-paced and interconnected world. It consists in the capacity to exchange information with other people through various mediums, ranging from direct conversations, to the written form, to even televised form such as the TV ads.
Open and genuine communication in the workplace is key to fostering a healthy work culture. It is a top trait of the team player. Managers need to be effective communicators to ensure employees are committed to the organization’s values and understand their specific responsibilities. Communication is essential to concluding beneficial partnerships and expanding one’s consumer bases.
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Answer:
C. add up the market values of all final goods and services is the correct answer.
Explanation:
- By add up the market values of all final goods and services is a way to compute GDP.
- GDP stands for Gross domestic product and describes the total financial cost of all goods and services produced and traded on the market within a country during a specified time
- GDP is used to estimate economic activity in a country.
- Economists use the Gross domestic product to decide whether the economy is expanding or undergoing a recession.
- GDP is calculated by National agencies.