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TiliK225 [7]
2 years ago
14

PLZ I NEED HELP THIS IS IN FOUNDATIONS BTW PLZ HELP WITH WORK. :/

Business
1 answer:
lina2011 [118]2 years ago
8 0

Answer:

i dont understand this, please give more info

Explanation:

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J has a policy and has a terminal injury. Which of the following benefits would allow J to receive a portion of his proceeds bef
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6 0
3 years ago
cost reductions stemming from strategic fit along the value chains of related businesses can result in multiple choice economies
lidiya [134]

Economies of scope may emerge from cost reductions due to strategic fit along the value chains of associated enterprises.

A strategy is a plan of action used by businesses to accomplish their long-term objectives. To put it another way, it is a long-term strategy that businesses adopt to achieve their goals. It entails a set of actions that follow a pattern and aim to accomplish a company's objectives. Long-term, it aids in adapting its operations, resources, and scope to external developments.

For a variety of business sectors, companies establish strategies. They can adopt a forward-thinking strategy with the help of these techniques. Additionally, it enables businesses to employ their resources more effectively. Strategies are essential for giving a business direction and goal.

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5 0
1 year ago
Assume a purely competitive firm is selling 200 units of output at $3 each. At this output, its total fixed cost is $100 and its
raketka [301]

The correct option is:<u> maximizing its </u><u>profit</u><u>, but not necessarily the </u><u>maximum profit</u><u>.</u>

<h3>What is Profit Maximization in a Perfectly Competitive Market ?</h3>

The perfectly competitive firm can choose to sell any quantity of output at exactly the same price. This implies that the firm faces a perfectly elastic demand curve for its product: buyers are willing to buy any number of units of output from the firm at the market price.

When the perfectly competitive firm chooses what quantity to produce, then this quantity—along with the prices prevailing in the market for output and inputs—will determine the firm’s total revenue, total costs, and ultimately, level of profits.

A perfectly competitive firm has only one major decision to make—namely, what quantity to produce. To understand why this is so, consider the basic definition of profit:

Profit=Total revenue−Total cost

(Price) (Quantity produced)−(Average cost) (Quantity produced)

According the question scenario,

<u>Given:</u>

Firm is selling  = 200 units

output = $3 each

fixed cost = $100

variable cost = $350

<u>solution:</u>

Total average cost = variable cost + fixed cost .........(1)

Total average cost  = 350 + 100

Total average cost  = $450

Cost per unit = average cost ÷ no of unit ...................(2)

Cost per unit = 450  ÷  200

Cost per unit = $2.25

So here firm is incurring per units is $2.25 but here earning per unit is $3.

So that here firm is earning economic profit as here market price is greater than earning maximum profit.

Therefore, we can conclude that the correct option is : <u>maximizing its profit, but not necessarily the </u><u>maximum profit. </u>

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8 0
2 years ago
Selected transactions for Front Room, an interior decorator corporation, in its first month of business, are as follows.
Arlecino [84]

Answer:

1 . Debit Asset , bank increase normal balance is Debit balance , Credit Equity stock increase , normal balance is credit balance

2 . Debit Asset , Vehicles , increase , normal balance is Debit balance . Credit Asset , Bank , decrease , normal balance is Debit balance

3 . Debit Expense , Supplies , increase , normal balance is Debit . Credit Liabilities , Accounts payable , increase , normal balance is credit balance .

4 . Debit Asset , Accounts receivable , increase , normal is balance Debit . Credit Income , Service rendered , increase , normal balance is Credit balance .

5 . Debit Expense , Advertising , increase , normal balance is Debit balance . Credit Asset , Bank , decrease , normal is balance Debit .

6 . Debit Asset , Bank , Increase , normal balance is Debit balance . Credit Asset , Accounts receivable , Decrease , Normal balance is Debit balance .

7 . Debit Liability, Accounts payable, decrease, normal  is balance credit balance . Credit Asset, Bank, Decrease, normal balance is Debit balance .

8 . Debit Equity , Dividends Paid , decrease , normal balance is credit balance .

Credit Asset , Bank , decrease , normal balance is Debit balance

Explanation:

6 0
4 years ago
Which of the following statements is TRUE?
vaieri [72.5K]
I think that A is the answer
8 0
3 years ago
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