Answer:
Option B is the answer
Explanation:
Avoidable costs = 20,000+55,000+45,000 + (8*5000)+30,000
= 190,000
= 190,000/5,000 units
= $38 Option B is the answer
Answer:
Begininig cash balance June 1 205
Explanation:
Sales April 430
Sales May 480
Begininig cash balance May 1 175
Cash expenses -110
Payments -290
Sales april 430
Begininig cash balance June 1 205
When goods are produced at the lowest possible cost an economy is said to have achieved?
Answer: production efficiency
Entrepreneurs and other producers accept risks because they hope to earn PROFIT.
Every businesses are set up for the purpose of earning profits. Every venture has its accompanying risks of failure but if everything goes right, then the pay-off will be worth it.
High risks business also have high potential of generating high profit.
