It’s 47, and what do you wanna talk about?
Answer:
The correct answer is "Continue producing 1000 units"
Explanation:
(In a perfect market)
When the price is = marginal cost. This means that if you increase your production, the benefits-profits will be the same as if you produce the same quantity.
When the Price > Marginal cost, means that consumers demand more for that good, so the producer has an incentive to increase the supply
When the Price < Marginal cost, means that production is higher than the consumer's demand. This is an incentive to decrease the supply.
For this case, the best option is to continue producing the same quantity of units, 1000 units
Answer:
$103,680
Explanation:
estimated warrant liablity 3% of unid sold at $144
24,000 x 3% x 144 = $103,680
This will be the expected warranty laiblity for the sales of the period, and also the warranty expense.
warranty expense 103,680
warranty liability 103,680
warranty liability 47,000
inventory 47,000
to record warranty services
(we use inventory because the company use replacement part, those par are represented in inventory account)
<u>Warrant liablity account</u>
beginning balance 26,000
warranty expense 103,680
warrant serviced (47,000)
ending balance 82,680
Answer:
$2,450 is received as payment in full on July 24
Explanation:
Terms 2/10, n/30 means that there is a discount of 2% available if the payment is made within 10 days of sale with credit period of 30 days. Discount will only be given on the amount of payment which will be net of sales and return.
Credit Sale = $2,700
Sale Return = $200
Net Receivable = $2,700 - $200 = $2,500
Payment is made within the discount period, so the the discount will be availed on the due amount.
Discount = 2,500 x 2% = 50
Payment Receipt = $2,500 - $50 = $2,450
The marginal propensity to save is equal to 0.3.
<h3>What is the
marginal propensity to save?</h3>
The marginal propensity to save is the proportion of a person's income that is saved as opposed to spending it on consumption.
The marginal propensity to save is the ratio of the amount saved to income. The marginal propensity to save is used to quantify the relationship between changes in savings and changes in income.
In economics, it is assumed that disposable income is either saved or consumed. Thus, the marginal propensity to save and the marginal propensity to consume would be equal to one. The marginal propensity to consume is the ratio of amount spent on consumption to income.
The marginal propensity to save = amount that is saved / income
$150 / $500 = 0.3
To learn more about marginal propensity to save, please check: brainly.com/question/19089833
#SPJ1
