Explanation:
The journal entries are shown below:
On August 26, 2016
Account receivable A/c Dr $7,000
To Allowance for doubtful accounts A/c $7,000
(Being the account receivable is written off)
Cash A/c Dr $7,000
To Account receivable A/c $7,000
(Being the cash received is recorded)
Only these two entries are recorded on August 26, 2016 which are shown above
Answer: The correct answer is $16.1 per unit.
Explanation:
C(x) = 9000 + 6x + 0.05x²
C(100) = 9000 + 6 × 100 + 0.05(100)²
= 9000 + 600 + 500
= 10,100
C(102) = 9000 + 6 × 102 + 0.05(102)²
= 9000 + 612 + 520.5
= 10,132.2
Now, the average rate of change of C with respect to x when production level changed from x = 100 to x = 102 is :
⇒ 
= 
= $16.1 per unit
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
The potential producer surplus rises as the equilibrium price rises. Producer surplus decreases when the equilibrium price falls. The producer surplus is intimately correlated with changes in the demand curve.
<h3>How do producer surplus and consumer surplus relate to one another?</h3>
- The difference between what a consumer is willing to pay and what they actually spent for a product is referred to as the consumer surplus. The difference between the market price and the lowest price a producer will accept to create a good is known as the producer surplus.
- The difference between what a consumer is willing to pay and what they actually spent for a product is referred to as the consumer surplus. The gap between the market price and the lowest price a producer is willing to accept is known as the producer surplus.
To learn more about producer surplus refer to:
brainly.com/question/14727592
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Answer:
B is the correct answer for that question
