All categories

2 years ago

Where would revenue be maximized for a company facing a linear demand curve

Business

1 answer:

Bond [772]2 years ago

3 0

Answer:

at equilibrium point

Explanation:

equilibrium when price is reasonable to both sellers and buyers. They are willing to buy and sell at optimal quantity, so that firm can maximize revenue

You might be interested in

1.People who make the best mystery shoppers have usually prepared themselves by: Reading Passing Certification Courses Researchi

attashe74 [19]

The right answer for the question that is being asked and shown above is that: "Researching mystery shopping on the internet." People who make the best mystery shoppers have usually prepared themselves by Researching mystery shopping on the internet

8 0

3 years ago

Increased government debt can lead to higher interest rates and, as a result, crowding out of private investment spending. In

prisoha [69]

Answer:

The correct answer is option D.

Explanation:

Increase in government spending may not lead to an expansionary effect on the economy because of the crowding-out effect. This is because increased borrowing to fund spending leads to increase in interest rates. Increased interest rate discourages investors leading to a decline in private investment. This further has an adverse effect on aggregate demand.

If the debt spending is spent on constructive work such as infrastructure, research, and development, education, etc it will create value in the future. Such spending will pose less problem in the long run. Spending on education will create human capital. Spending on infrastructure and research and development will further help in the production process.

4 0

3 years ago

By comparing opportunity costs and gains from trade for two parties each making the same two goods, one can determine the exact

dolphi86 [110]

Answer:false

Explanation:The opportunity cost test only determines a range of options, any of which would benefit both parties

7 0

3 years ago

A change from an inefficient mix to an efficient mix of output would best be represented with a production possibilities frontie

barxatty [35]

It would be best presented as movement from inside the PPF onto the PPF
The curve of The production possibility frontier (PPF) will show the curve that project/depict the possibilities for maximum output possibilities for two different goods. The projection that shown by the PPF is created with the assumptions that all resources are used efficiently.

7 0

3 years ago

The following totals for the month of June were taken from the payroll records of Seminole Company: Salaries, $100,000 FICA taxe

tekilochka [14]

Answer:

Given that,

Salaries = $100,000

FICA taxes withheld = $7,650

Income taxes withheld = $18,000

Federal unemployment taxes = $450

State unemployment taxes = $2,100

Therefore,

Payroll Tax Expense:

= FICA taxes withheld + Federal unemployment taxes + State unemployment taxes

= $7,650 + $450 + $2,100

= $10,200

The journal entry is as follows:

Payroll Tax Expense A/c Dr. $10,200

To FICA taxes withheld $7,650

To Federal unemployment taxes $450

To State unemployment taxes $2,100

(To record accrual of employer’s payroll taxes)

6 0

3 years ago