The main feature of this lesson is the equation P(x) = R(x) - C(x). Other important equations to remember are as follows: The breakeven point is when revenue equals cost, or when the profit is zero. Maximum profit will occur when marginal revenue equals marginal cost, or when the marginal profit is zero.
Answer:
The eBay website provides a platform for the small business to grow and do business using their sites.
Explanation:
eBay is a multinational e-commerce company situated on California. The company sells goods and items that is registered on its site.
Recently eBay, the e-commerce giant has pledge a 100 million dollar to support and help the small business of America. For this eBay is :
- eBay is providing the new businesses in America a free of cost basic eBay store for a period of three months.
- It is waiving off the fees for selling products for up to 500 sold products on eBay websites.
- It will provide marketing as well as the merchandising tools, the discounted shipping supplies and the customization features so that the businesses can help build their brands.
Answer:
Date Account titles and explanation Debit Credit
May 20 Cash ($6,200 - $310) $5,890
Credit card expenses ($6,200*5%) $310
Sales $6,200
(To record the deposit)
<h3>Answer:</h3>
Under the periodic inventory system.
What is periodic inventory system?
Under the periodic inventory system, the cost of goods sold determined at the end of an accounting period by adding the net cost of goods purchased to the beginning inventory and subtracting the ending inventory.
GDP per capita for this year is $5000
GDP per capita for next year is $4760
GDP per capita for next year is $5100
<h3>What is the GDP per capita?</h3>
GDP per capita is the gross domestic product of a country divided by the total population of that country.
GDP per capita = GDP / population
GDP per capita for this year = $10 billion / 2 million = $5000
GDP per capita for next year = $10 billion / ( 2 x 1.05) = $4760
GDP per capita for next year = (10 billion x 1.03) / ( 2 x 1.01) = $5100
To learn more about GDP, please check: brainly.com/question/15225458
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