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3 years ago

The only way a firm can increase its profits is to increase its sales revenue.

1 answer:

5 0

Hi there! The answer is B. False

Increasing its sales revenue is NOT the only way a firm can increase its profits.

A firm can also increase its profit by reducing its total costs. When the sales revenue stays the same and the total cost decreases, the revenue will increase (without an increasing sales revenue).

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When both parties to a contract are mistaken as to the same material fact either paarty can rescind the contract?

crimeas [40]

I took this question already, so if it was
<span>
Often, when both parties to a contract are mistaken as to the same material fact, either party can rescind the contract.

It would be "True"

</span>

6 0

3 years ago

When resources are scarce, power differences across subunits are _________; when resources are plentiful, subunit power differen

lilavasa [31]

Answer:

The correct answer is letter "A": magnified, reduced.

Explanation:

Scarcity does not only represent individuals having to sacrifice some of their needs to fulfill others because resources are limited. Scarcity can also represent the reason for dispute between social levels. When resources are scarce and one social stratum has more access to it, differences will increase. The opposite happens when the resources are allocated properly between them: differences are likely to be reduced.

4 0

3 years ago

Comfort chair company manufacturers a standard recliner. During February, the firm's Assembly Department started production of 7

bonufazy [111]

Answer:

1) total equivalent units:

materials = 73,000

conversion = 81,500

2) costs assigned to ending WIP:

materials = $23,013.70

conversion = $27,288.32

Explanation:

beginning WIP 78,000 + 10,000 - 73,000 = 15,000

materials = 100% (0 added during the period)

conversion = 30% (70% added during the period, 10,500 EU)

units started 73,000

units finished 78,000

units started and finished = 63,000

ending WIP 10,000

materials = 100%

conversion = 80%, 8,000 EU

Beginning WIP

Materials $24,000

Conversion $35,000

Costs added during the period:

Materials $168,000

Conversion $278,000

total equivalent units:

materials = 73,000

conversion = 10,500 + 63,000 + 8,000 = 81,500

cost per EU:

Materials = $168,000 / 73,000 = $2.30137

Conversion = $278,000 / 81,500 = $3.41104

costs assigned to ending WIP:

materials = 10,000 x $2.30137 = $23,013.70

conversion = 8,000 x $3.41104 = $27,288.32

5 0

3 years ago

The ________ perspective tends to view inflation as a cost that offers no offsetting gains in terms of lower unemployment.

Leona [35]

The neoclassical monetarist O Keynesian attitude tends to view inflation nations as a fee that gives no offset integrated built-disintegrated integrated phrases of decreased unemployment.

Inflation is the fee of built-in boom integrated prices over a given time period. Inflation is normally a broad measure, together with the overall built integrated prices or the growth of built-inbuilt integrated fee of built-ing built-in a rustic.

There are three inflation reasons for built inflation: call for-pull built-inflation, cost-push integrated nation, and built-inflation.In built-inflationary built-ings, inconsistently building charges necessarily reduce the purchase built integrated electricity of some customers, and this erosion of real built-income is the built integrated largest fee of built-inflation. Inflation can also distort building strength over the years for recipients and payers of fixed built-in hobby charges.

Learn more about Inflation here:

brainly.com/question/777738

#SPJ4

3 0

2 years ago

The Hydro Index is a price weighted stock index based on the 5 largest boat manufacturers in the nation. The stock prices for th

adelina 88 [10]

Answer:

price divisor after split is 4.5

Explanation:

given data

stock prices = $10

stock prices = $20

stock prices = $80

stock prices = $50

stock prices = $40

solution

we find here first price weighted index for all 5 stock that is

price weighted index = $\frac{10+20+80+50+40}{5}$

price weighted index = $40

price weighted index before split is $40

so after split last stock became half

so new price divisor

we consider denominator to be x

40 = $\frac{10+20+80+50+40}{x}$

x = $\frac{10+20+80+50+40}{40}$

x = 4.5

so price divisor after split is 4.5

4 0

3 years ago