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Margaret [11]
3 years ago
6

Economic efficiency in a competitive market is achieved when:_________.

Business
1 answer:
Vsevolod [243]3 years ago
3 0

Answer:

D.) producer surplus equals the total amount firms receive from consumers minus the cost of production

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A product sells for $30 per unit and has variable costs of $17.75 per unit. The fixed costs are $967,750. If the variable costs
Trava [24]

Answer:

not change

Explanation:

BEP (Units) = Fixed cost / (Unit selling price - Unit variable cost)

BEP (Units) Before the change is : 967750/ (30-17.75) = 79000 units

BEP (Units) after the change is: 1145500/(30-15.5) = 79000 units

--> BEP (Units) does not change

7 0
3 years ago
Historically, the best asset for the long-term investor wanting to fend off the threats of inflation and taxes while making his
OlgaM077 [116]

Answer:

Stocks

Explanation:

Stocks also referred or recognized as the equity or the shares, it is defined as the kind or form of the security which signifies the ownership that is proportionate while issuing to corporation or business.

The stock is entitles the stakeholders to the proportion of the assets and the earnings of the corporation, and these investments could be bought from online stock brokers.

So, the best assets for the long term investor in order to fend off the threats of taxes and inflation when making the money to grow is stocks.

5 0
4 years ago
Federal law requires safety training before workers or students enter the work area. A) True B) False
zlopas [31]
A) True. The answer!
6 0
3 years ago
Read 2 more answers
Concern has been expressed on the part of Con-
Temka [501]
Normative is the awnser
3 0
3 years ago
The following data relate to the direct materials cost for the production of 50,000 automobile tires: Actual: 725,000 lbs. at $3
Afina-wow [57]

Answer and Explanation:

a. The computation of the material price variance is shown below:

= Actual Quantity × (Standard Price - Actual Price)

= 725,000 × ($2.95- $3)

= 725,000 × $0.5

= $36,250 unfavorable

b. The computation of the material quantity variance is shown below:

= Standard Price × (Standard Quantity - Actual Quantity)

= $2.95 × (730,000 - 725,000)

= $2.95 × 5,000

= $14,750 favorable

And, the total direct material cost variance is

= Material price variance + material cost variance

= $36,250 unfavorable + 14,750 favorable

= $21,500 unfavorable

3 0
3 years ago
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