Answer:
did you mean red cross?
Explanation:
It is an international humanitarian organization established by Geneva Organization to provide medical care.
Answer:
a. MR = 2/3P
b. The prom-maximizing price is $30.
Explanation:
a. MR = P(1 + 1/e)
= P(1 - 1/3)
= 2/3P
Therefore, Thefirm‘s marginal revenue as a function of its price is MR = 2/3P
b. monopoly firm maximizes profit when MR = MC
2/3P = 20
P = $30
Therefore, The prom-maximizing price is $30.
Answer:
Dr Accounts Payable 9200 Cr Cash 9016 Cr Inventory 184
Explanation:
The payment terms of 2/10, n/45 mean that if paid within 10 days the company is entitled to a 2% discount. Otherwise full payment is required within 45 days.
Since we're settling the account within 10 days ( 7 days after purchase ) we are entitled to a 2% discount.
Originally the inventory was recorded at 9200 Dr and a Cr to Accounts payable of 9200.
The day the invetory is paid we will record the following (August 10)
Dr Accounts Payable $9200
Cr Cash/Bank $9016
Cr Inventory $184
Since we're using the perpetual inventory system the actual cost of inventory is 9016 and not 9200. Thus inventory is now recorded at 9016. The cast amount is the actual amount used to settle the account after the 2% discount was applied.
The correct answer is choice d, collaboration is not one of the five cs of pricing.
Of the options listed, collaboration is not one of the Five Cs of pricing. The five Cs of pricing include customers, channel members, cost, company objectives and competition.