Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a profit-maximizing pure monopoly occurs where
D. marginal revenue equals marginal cost
Explanation:
- Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a profit-maximizing pure monopoly occurs where
- D. marginal revenue equals marginal cost
- In business, the production is done at the level where marginal revenue is equals to marginal cost to maximize the output.
- When the marginal revenue is greater than the marginal cost, it pays you more.
- Each unit added which is sold will add more to revenue than to costs.
- Marginal cost is the cost which occurs due to the increase in cost a company incurs by producing one extra unit of goods or services.
Answer:
intrinsic rewards
Explanation:
In this scenario, it seems that Mike is focused on the intrinsic rewards of his job. These are rewards that come from within the employee themselves. For example, an employee who is motivated is working for his/her own satisfaction and finds meaning in their challenging work, which in term is the intrinsic reward. In this case, the job satisfaction and sense of accomplishment are the intrinsic rewards that Mike wants from his job.
Answer:
c.a restrictive indorsement.
Explanation:
-Blank endorsement refers to an instrument that allows any holder to request the payment.
-Qualified endorsement refers to a signature in an instrument that transfers the amount to other person.
-Restrictive endorsement puts a limit on an instrument like the sentence "For deposit only."
-Special endorsement enables to make a check payable to someone else.
According to this, the answer is that this is a restrictive endorsement.
Answer:
11,000
Explanation:
The breakeven point is the number of units that must be sold such that the total sales becomes equal to the total cost. The total cost is made of the fixed and variable cost.
Given
selling price = $15.00 per unit
Fixed expenses total = $51,000 per year
Breakeven units = 8500
let the variable cost per unit be y
15(8500) = 8500y + 51000
8500y = 127500 - 51000
y = 76500
/8500
y = $9
To make a profit of $15,000, let required sales unit be T
15T - (51000 + 9T) = 15000
6T = 15000 + 51000
6T = 66000
T = 11,000
To make a profit of $15,000, sales in unit must be 11,000
Answer:
21.29%
Explanation:
The computation of the internal growth rate is shown below:
But before that we need to determine the following calculations
Debt equity ratio js
= debt ÷ equity
The debt is 0.6 of equity
So,
= 0.6 × $8,600
= $5,160
Now
Total assets = Total liabilities + Total equity
= $8,600 + $5,160
= $13,760
Return on assets = Net income ÷ Total assets
= $3450 ÷ $13760
= 0.2507
Now as we know that
Retention ratio = 1 - payout ratio
= 1 - 0.3
= 0.7
And, finally
The Internal growth rate is
= (Return on assets × Retention ratio) ÷ [1 - (Return on assets × Retention ratio)]
= (0.2507 × 0.7) ÷ [1 - (0.2507 × 0.7)]
= 21.29%
