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Yuri [45]
3 years ago
9

The costs incurred before opening a business​

Business
1 answer:
True [87]3 years ago
8 0

The expenditure incurred prior to the incorporation of an enterprise is to be considered as a pre-incorporation capital expenditure. The expenditure incurred prior to the 'setting-up of business' is to be considered as a pre-operative capital expenditure.

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Is the inside of your car feeling hot on a summer day conduction, convection, or radiation
weqwewe [10]
Conduction because heat is directly transmitted through a substance where there is a difference of temp. without movement of material :)
6 0
3 years ago
Labor demand is less elastic when: _____________
garri49 [273]

Answer:

The correct answer is B. Labor demand is less elastic when a large amount of labor is essential to the production process.

Explanation:

Inelastic demand is one that is not very sensitive to sudden changes in its quantity, even in the face of important changes in the context in which they operate, such as a change in the price if it is a product for sale, or in the working conditions or wages if you talk about labor demand.

Thus, in the case of a job in which high amounts of labor are needed, the labor demand will remain stable despite these changes, as workers will perceive that it is a position of easy access and hiring.

8 0
3 years ago
Which of the following best reflects the principle of increasing marginal opportunity cost (or the law of diminishing returns)?
muminat

Answer:

c.

Explanation:

Marginal opportunity cost refers to the otherwise nonexistent cost that the company has to pay in order to produce one additional unit of something. Therefore the best statement that reflects this principle would be that two more hours studying per week could raise your grade from a C to a B, but to raise it from a B to an A, would require 7 hours more studying per week. This is because moving from B to an A is one additional letter grade, but costs a lot more than moving from C to B.

8 0
3 years ago
What would be the situation if the price was moved from p2 to p3
Korolek [52]

Answer:

c

Explanation:

theprice would be too high

5 0
3 years ago
Read 2 more answers
Financial information is presented below:Operating expenses $ 45,000Sales returns and allowances 3,000Sales discounts 7,000Sales
Anit [1.1K]

Answer:

a. 0.36

Explanation:

The computation of the gross profit rate is shown below:

Gross profit rate = Gross profit ÷ Net sales revenue

where,

Net sales revenue = Sales revenue - Sales return and allowances - sales discounts

= $160,000 - $3,000 - $7,000

= $150,000

And, the Cost of goods sold is $96,000

So, the gross profit is

= $54,000 ÷ $150,000

= 0.36

5 0
3 years ago
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