Answer:
B. It can help create jobs in the economy by increasing demand for goods and services
Explanation:
They help you write better and faster.
Answer:
B. in both industry structures, the firm's demand curve is downward sloping.
Explanation:
Both firm types have a downward sloping demand curve which indicates that as price is increased, quantity demanded falls.
Monopolistic competition have no barriers to entry while a monopoly does.
Monopolistic competition have many sellers while a monopoly has one seller.
Monopolistic competition break even in the long run while monopoly maintain super normal profits in the long run
Answer:
b. $226,000
Explanation:
Cost of goods sold is the direct expense incurred in producing goods to be sold in a period. It involves direct labor, direct material, and overheads.
Cost of good sold is determined by
Beginning stock + purchases - closing stock.
In this case, the costs of goods sold will be Direct labor + Direct materials + overheads. + (ending - beginning work in progress)
i.e., = $35,000 + $73,000+ $114,000 + $ 4000
=$226,000
Answer:
$985.25
Explanation:
The $51,233 is Dr. McCoy's annual salary; the total amount she earns in a year
We have about 52 weeks in a year
To determine the weekly salary, you will set up the equation like this;
<em>If 52 weeks = $51,233</em>
<em>then 1 week = ?</em>
Multiply 1 by $511,233 ; 1 * 51,233 =$51,233
Next, divide the above $51,233 by 52;
$51,233/ 52 = $985.25
Her weekly salary is therefore $985.25
