In case fictitious revenues are recorded asset turnover ratio will increase.
The asset turnover ratio measures the performance of an organization's assets in producing revenue or income. It compares the dollar quantity of income (revenues) to its overall belongings as an annualized percent. hence, to calculate the asset turnover ratio, divide net income or revenue by the average total belongings.
Fictitious revenues contain the sale of goods or services that no longer arise. Fictitious invoices may be fake, but can also contain valid clients. A fictitious invoice may be prepared for a legitimate patron despite the fact that goods are not added or services have no longer been rendered.
Accounting ratios, an important subset of monetary ratios, are a group of metrics used to degree the performance and profitability of an employer based on its financial reports. They provide a way of expressing the relationship between one accounting information factor to any other and are the basis of ratio evaluation.
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Do you think outsourcing would promote or hinder a healthy american economy? Explain with details from the lesson?
Although Americans are frequently blamed for the negative effects of outsourcing... The final line is that outsourcing lowers business expenses, boosts stockholder profits, and drives down consumer prices, raising living standards and creating more jobs overall.
What barriers to trade would prevent an American company outsourcing to one of those countries?
Tariffs are one type of trade restriction that might stop American businesses from offshoring. They have existed ever since the founding of our country. When foreign goods compete with American products for a lower price, tariffs are used.
What are some of the effects of outsourcing on the United States?
Outsourcing primarily has a negative impact on employment in the US. The primary negative impact of outsourcing, according to outsourcing insight, is that it raises US unemployment. Nearly two times as many jobs as there are unemployed Americans—7.5 million—are among the fourteen million that have been outsourced.
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What is 's balance of accounts receivable at , ? start by selecting the labels and then enter the amounts to calculate the balance in accounts receivable at ,
Start by selecting the labels and then enter the amounts to calculate the balance in accounts receivable at 30,000.00.
Date ACCOUNT TITLES AND EXPLANATIONS DEBIT ($) CREDIT ($)
29-Feb-16 Bad Debts Expense 2,400.00
Accounts Receivable 2,400.00
(Write off an uncollectible account)
Requirement 2
Accounts Receivable
$ $
Balance b/d 14,000.00 17,000.00 Collected
Revenue 16,000.00 2,400.00 Wrote off
10,600.00 Balance c/d
30,000.00 30,000.00.
Accounts receivable is the amount a customer owes your business for the products or services they bill you for. The total value of all accounts receivable is recorded as a current asset on the balance sheet and includes invoices for items or work performed on credit to customers.
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What characteristic of a c corporation will make it possible to pass the coporation on to new owners?
Transferable ownership is characteristic of a c corporation will make it possible to pass the coporation on to new owners.
What is Transferable ownership?Transfer of ownership is the process of passing ownership of a thing from one hand to another. This includes the acquisition of a property, the assumption of mortgage debt, the exchange of property possession, and any other land trust instrument.
any method by which property ownership is transferred These include the acquisition of a property, the assumption of mortgage debt, and the exchange of property possession via a land sales contract or any other land trust arrangement.
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The economic rule of thumb that only future costs and benefits, not past commitments, should be considered in making a decision is the:________
The monetary rule of thumb that most effective destiny expenses and benefits, no longer past commitments, should be taken into consideration in your decision is the: sunk cost principle.
Regulations of thumb no longer account for unique circumstances or elements going on at a particular time, or that would trade over time, which ought to be considered for making sound financial decisions.
A rule of thumb is a rule or precept that you follow which isn't based totally on exact calculations but is an alternative to enjoy. an amazing rule of thumb is that a broking needs to generate income of ten instances of his salary. more often than not of thumb, a cup of filter espresso incorporates approximately 80mg of caffeine.
A rule of thumb is an extensively accurate guide or principle. it is primarily based on experience or practice in place of concept. inside the valuation industry, these are quick statements like “all organizations in x industry sell for 1 times its revenue.” as an example, all insurance businesses promote for 1 to at least one.5 instances their cash waft.
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What is the amount of production overhead allocated to the assembling unit cost pool?
$800,000 × 40% = $320,000 is the amount required for the production of overhead allocated to the assembling unit cost pool.
Because the activity rates are computed by dividing the total cost for each activity by its total activity & per unit cost is calculated by dividing the total dollars in each activity cost pool by the number of units of the activity cost drivers. the total cost of each activity pool is divided by the total number of units of the activity to determine the cost per unit.
Cost pool is a grouping of individual costs, typically by department or service center.
Cost per unit the amount of money spent by the company during a period for producing a single unit of the particular product or the services of the company.
Determine means to discover the facts about something.
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Jasper makes a $39,000, 90-day, 7. 0ash loan to clayborn co. the amount of interest that jasper will collect on the loan is: (use 360 days a year. )
The amount of interest that jasper will collect on the loan is $682.50.
Interest = 39000*7%*90/360 = $ 682.50
ENTRY:
Cash $ 30,682.50
Interest revenue $ 682.50
Notes receivable $ 30,000.00
ANSWER:
Debit Cash $39,682.50: Credit interest revenue $682.50; Credit Notes Receivable $39,000.
Interest is the price you pay for borrowing money or the cost you charge for lending money. Interest is usually given as an annual percentage of the loan amount. This percentage is called the interest rate on the loan. For example, if you deposit money in a savings account, the bank will pay you interest.
Basically, he has three main types of interest. The nominal interest rate, the effective interest rate, and the real interest rate. The nominal interest rate for an investment or loan is the published interest rate at which interest payments are calculated.
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Assume that there are no fixed costs and ac = mc = $200. at the profit-maximizing output and price for a monopolist, producer surplus is?
Assume that there are no fixed costs and ac = mc = $200. at the profit-maximizing output and price for a monopolist, the producer surplus is $3200.
The profit-maximizing quantity in a monopolist market is obtained by MR = MC condition.
MR and MC are intersected at point A. The price is obtained by the corresponding point of point A on the demand curve. This point is represented by point B.
The price represented by point B is 600 and the quantity is 8.
The producer surplus is calculated by the area below the price line and above the MC curve. The area is:
=(600 - 200)*(8-0)
=400*8
=3200
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Scales that measure how happy the client is with the services they have received are known as?
These parameters are known as the satisfaction scale CSS (Client Satisfaction Scale). It's used to measure the satisfaction level of customers or clients on your services these scales are provided in different ways to different clients on their dichotomy of work, behavior, and education in the form of the questionnaire.
satisfaction of clients is measured in different phases and in different ways. as a questionnaire pattern.Usually, it's measured in percentage form 1-3, 1-5, or 1-7. The more the value more will be the client satisfied. During the questionnaire form, we divide the levels of work into 5 portions strongly dissatisfied dissatisfiedneutralsatisfiedstrongly satisfied
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What roles do specialization and division of labor play in economists’ support of free trade?.
Through free trade, countries specialize in the goods for which they have a comparative advantage and trade for those in which they do not. Specialization allows a country to divide labor among the various production segments, which results in higher productivity and greater economic growth for the involved countries.
What Are the Economic Impacts of Specialization?
Specialization, along with the complementary concept of the division of labor, occurs when the innate inequalities of human productive output are intensified along different skills. An individual becomes economically specialized when he focuses his productive efforts on an increasingly narrow range of tasks. The most obvious economic impact of specialization can be seen in the tendency for individuals to choose different vocations that are more in line with their interests, skills, opportunities, and education.
Division of labor:
The division of labor is the separation of the tasks in any economic system or organisation so that participants may specialize (specialization). Individuals, organizations, and nations are endowed with or acquire specialized capabilities and either form combinations or trade to take advantage of the capabilities of others in addition to their own. Specialized capabilities may include equipment or natural resources as well as skills and training and combinations of such assets acting together are often important. For example, an individual may specialize by acquiring tools and the skills to use them effectively just as an organization may specialize by acquiring specialized equipment and hiring or training skilled operators. The division of labor is the motive for trade and the source of economic interdependence.
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1. how does critical thinking relate to peer assessment? what strategies from this week can you apply when you assess written assignments?
The critical thinking process includes the deep thinking process which involves deep insights into the assessment so that both the drawbacks and the benefits of the assessment process can be made easily. In addition to this, the critical thinking process helps the assessors to critically evaluate the students in order to identify their drawbacks and skills so that proper feedback to be given to them in order to cultivate the best values within the students. Thus critical thinking process helps in the best assessment process.
Critical thinking is the analysis and judgment of available facts, evidence, observations, and arguments. The subject is complicated. There are several different definitions, which generally involve a reasonable, skeptical, and unbiased analysis or evaluation of factual evidence. Critical thinking is self-directed, self-disciplined, self-monitoring, and self-correcting thinking. This means accepting strict quality standards and consciously mastering their application. It includes effective communication and problem-solving skills, as well as a commitment to overcome native egocentrism and sociocentrism.
Critical thinking is the active and skillful conceptualization, application, analysis, synthesis, and synthesis of information gathered or generated from observation, experience, reflection, reasoning, or communication as a guide to beliefs and actions. It is an intellectually trained process of evaluating and/or evaluating.
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A podcaster has become quite talented at writing and producing content celebrating positive news. The podcaster bought professional audio recording equipment and plans to turn the podcasts into an income-producing activity.
Which statement best addresses the remaining economic question the podcaster needs to answer?
Ask advertisers to buy sponsorships for the new podcasts.
Promote the new content to followers on social media.
Meet and socialize with other podcasters.
Create a budget for the company.
The podcaster should promote the new content to their followers on social media. Option B is correct.
What is the social media?Social media is defined as the interactional technologies that construct it simpler to produce and share collection across realistic assemblages and networks, including the necessary information, interests, thoughts, and other varieties of aspect.
Social media also refers to methods of communication where individuals share, grow, and/or exchange knowledge and conceptions in online groups and networks. The podcaster needs to tell their social media fans about the fresh content.
Websites and programs that express coaction, sharing of accumulation, engagement, and community-based activity are jointly referred to as social media. It is utilised by the group to link and pass with their friends, family, and other communities.
Therefore, option B is correct.
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Answer:
B, because you need to promote stuff to get awareness which intern gets you money.
Write a query to provide a list of all managers and their respective employees. your report should show manager’s name, manager’s department name, employee number and employee name
SQL Query is select * from empl.
What is SQL?SQL is a computer language developed for managing data in a relational database management system or for stream processing in a relational data stream management system.
SQL tuning is the process of optimizing SQL queries to increase server performance. Its overarching goal is to reduce the time it takes a user to receive a result after issuing a query, as well as the amount of resources used to process a query.
SQL tuning is the process of optimizing SQL queries to increase server performance. Its overarching goal is to reduce the length of time it takes a user to receive a result after performing a query, as well as the number of resources consumed to process the query.
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Nominal gross domestic product (gdp) is a poor measure of economic growth because it?
Nominal gross domestic product (gdp) is a poor measure of economic growth because it does not consider changes in prices or population growth.
One way to gauge an economy's health and well-being is to look at its gross domestic product. It is the total worth of all things and services produced over a specific time period less the value of those who worked on those goods and services.
Nominal GDP is a measurement of economic output in an economy that takes into account current prices. It does not adjust for inflation or the rate of price increases, which can overstate the growth rate.
The prices that were actually paid for all products and services in that year are the values used to calculate nominal GDP.
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If imports exceed exports, is it a trade deficit or a trade surplus? What about if exports exceed imports?
If exports exceed imports then the USA has a alternate surplus and the change balance is stated to be fine. If imports exceed exports, the united states or place has a alternate deficit and its alternate stability is said to be negative.
If a country imports more than it exports, it runs a trade deficit. If it imports much less than it exports, that creates a change surplus. whilst a rustic has a alternate deficit, it have to borrow from other international locations to pay for the greater imports.
A rustic that imports extra goods and services than it exports in phrases of cost has a trade deficit while a rustic that exports greater items and offerings than it imports has a alternate surplus.
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The sale of a single-family house produced a total commission of $45,825. The sales associate who was responsible for bringing the buyer to the transaction has a 60/40 commission split arrangement with the employing broker, with the sales associate receiving the 60 percent. If the total commission was split between the listing and selling firms, what is the commission that the buyer's sales associate will receive
The commission that the buyer's sales associate will receive will be $13747.50.
How to calculate the commission?From the information given, the sale of a single-family house produced a total commission of $45,825.
The sales associate who was responsible for bringing the buyer to the transaction has a 60/40 commission split arrangement with the employing broker, with the sales associate receiving the 60 percent.
Therefore, the commission that the buyer's sales associate will receive will be:
= 60% × (50% × $45825)
= $13747.50
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Corporate restructuring includes Group of answer choices capital restructuring, asset restructuring, and technology restructuring management restructuring, financial restructuring, and procurement restructuring. capital restructuring, asset restructuring, and management restructuring. global diversification, capital restructuring, and asset restructuring.
Corporate restructuring includes capital restructuring, asset restructuring, and management restructuring.
What is Corporate restructuring?
Corporate restructuring refers to a strategy to alter the management, operations, or structure of a firm. There are two types of corporate restructuring: voluntary and involuntary. The corporation itself frequently initiates voluntary restructurings, which typically imply financial difficulties. Under bankruptcy statutes, courts may mandate involuntary restructurings.
Because there is no transfer of ownership from one company to another, corporate restructurings are different from mergers and acquisitions. Additionally, it is distinct from divestitures, which entail the sale of a portion of a corporation.
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What was the innovative way pears’ soap marketed its product?
Brand name was the innovative way pears’ soap marketed its product.
Brand name is one of the brand elements by which customers are helped to identify and differentiate one product from another. It should be chosen very carefully.
It captures the key theme of a product in an efficient and economical manner. It can be noticed easily and its meaning can be stored and triggered in the memory instantly.
Choice of a brand name requires a lot of research. Brand names are not necessary to be associated with the product.
For example , brand names can be based on places such as Air India or British Airways, animals or birds name such as Dove soap, Puma, people name such as Louise Phillips, Allen Solly etc. In some instances, the company name is used for all products for example, General Electric, LG.
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What challenges and benefits of diversity management do those responsible for hr policy development and implementation face? how should hr leaders use policy most effectively to overcome challenges and recognise the benefits of a diverse workforce? what specific issues of national legislation on equality in the workplace are being followed to enforce the areas of equality and diversity?.
Diverse cultural perspectives can inspire creativity and drive innovation. Local market knowledge and insight makes a business more competitive and profitable.
Cultural sensitivity, insight, and local knowledge means higher quality, targeted marketing.
How can diversity management benefit HR leaders?Here are some of the key statistical takeaways, as per a study conducted by Glass door: Ethnically diverse and inclusive companies are 33% more successful. 1.7 times more likely to become innovation leaders in their field. Have better odds of attracting top talent, as 67% of job seekers care about diversity.
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https://brainly.com/question/22099667#SPJ4Haki makes and sells backpack danglies. the total cost in dollars for shaki tomakeqdanglies is given byc(q) = 84 5q. 05q2. find the quantity thatminimizes shaki’saverage costfor making danglies
Manufactures and sells rucksack charms. her total dollar cost to make q (thousands) of pendants is given by C(q) =q _ 24q2+ 600q. Find the quantity (in thousands) that minimizes the average cost of her to make a pendant.
Sum fixed and variable costs to get the cost function. 3) A firm's profit is equal to the income received by the firm minus the expenses it has incurred. Subtract cost from revenue to get the profit function.
The average cost function is A(x)=C(x)x A ( x ) = C ( x ) x so x>0. Dividing the total cost by the number of units produced gives the average cost per unit. can be
Average Cost (AC), also known as Total Average Cost (ATC), is the average cost per unit of production. To do this, divide the total cost (TC) by the quantity the firm produces (Q).
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Why do many firms have have a policy of giving first consideration to current employes?
Cost benefit and employee motivation are the prime reasons for the policy of the firms giving first consideration to current employees. Company policies are put in place to define the behavior expectations inside an organization and to outline the duties of both the employers and employees.
The administration of firm policies and processes aims to safeguard both the business interests of employers and the rights of employees. Various policies and procedures set the guidelines for employee behavior, attendance, dress code, privacy, and other areas connected to the terms and circumstances of employment depending on the needs of the firm.
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True or false: Hypothesis-driven analysis lets a firm move very quickly and make changes in rapid fashion to react to customers.
This is true that Hypothesis-driven analysis lets a firm move very quickly and make changes in a rapid fashion to react to customers.
In hypothesis-driven thinking, the problem is presupposed early on in the process. Your best, most knowledgeable guess for solving a puzzle is a hypothesis. It shouldn't just be an educated guess; rather, it should be supported by prior data analysis or experience.
A product can be developed, tested, and rebuilt by product designers using the hypothesis-driven development prototype technique until the users are satisfied. It is an iterative process that investigates project-related assumptions and seeks to validate them through user input.
The majority of scientific study is hypothesis-driven. That is, it aims to answer a question that is precise, quantifiable, and answerable, even though it may be a step between it and the ultimate goal.
Complex problem resolution is greatly facilitated by hypothesis-driven approach. It is simpler to formulate and test hypotheses when the problem is divided into smaller components. And you may determine whether your hypothesis was accurate by examining the outcomes.
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What would be msot heloful to a pricution manger who wnate to determine the minimum time requred to complete a proposed pricut?
PERT would be most helpful to a production manger who wants to determine the minimum time required to complete a proposed production.
Program Evaluation Review Technique (PERT) is that project management planning tool which is used to calculate the amount of time it will take to realistically finish a project.
PERT charts are generally used to plan the tasks within a project.
It will make it easier to schedule and coordinate all the team members.
PERT was first introduced in the Navy. PERT is similar to the critical path technique. In that they both are used to visualize the timeline and the work that must be done for a project. However with PERT, three different time estimates for the project can be created.
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Both david and kara produce shirts and shoes. If david’s opportunity cost of 1 shirt is 6 shoes and kara’s opportunity cost of 1 shirt is 5 shoes, then?
If David's opportunity cost of 1 shirt is 6 shoes and kara’s opportunity cost of 1 shirt is 5 shoes, then Kara has a comparative advantage in the production of shirts.
What is comparative advantage?In an economic model, agents have a comparative advantage over others if they can produce that good at a lower relative opportunity cost or autarky price, i.e. at a lower relative marginal cost prior to the trade. Comparative advantage describes the economic reality of trade advantages for people, firms, or nations as a result of disparities in their factor endowments or technological progress.What you accomplish best while giving up the least is referred to as comparative advantage. For example, if you're a fantastic plumber as well as a fantastic babysitter, your comparative advantage is in plumbing.Therefore, if David's opportunity cost of 1 shirt is 6 shoes and kara’s opportunity cost of 1 shirt is 5 shoes, then Kara has a comparative advantage in the production of shirts.
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What provides an end-to-end view of how operations work together to create a product or service?
a. business intelligence
b. management
c. information systems
d. systems thinking
Business intelligence provides an end-to-end view of how operations work together to create a product or service. Business intelligence is the procedural and technological framework that collects, stores, and analyses the data produced by a company's operations. Descriptive analytics, performance benchmarking, process analysis, and data mining all fall under umbrella of business intelligence (BI).
Process analysis, descriptive analytics, and performance benchmarking. Business intelligence (BI) organizes all the data that a company generates into manageable reports, performance metrics, and trends. Spreadsheets, reporting/query software, data visualization software, data mining tools, and online analytical processing are different types of BI tools and service available.
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What effects on a retail stores accounting equation occur when merchandise returned by the customers is recorded?
Assets and stockholders equity decreases when merchandise returned by the customers is recorded.
When merchandise is returned by the customer, the sales returns and allowances account is debited to reduce sales, and accounts receivable or cash is credited to refund cash or reduce what is owed by the customer. This leads to the decrease in assets and stockholders equity in a retail store.
A second entry must also be made debiting inventory to put the returned items back. In this entry, we debit the cash account and the credit accounts receivable account.
Hence, this effects on a retail stores accounting equation.
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The full-time job not worked by a college student (and the wages not earned) because she has to spend a lot of time studying is an example of?
The full-time job not worked by a college student (and the wages not earned) because she has to spend a lot of time studying is an example of opportunity cost.
Opportunity cost is the time you spend studying and the money you spend doing something else. The farmer decided to plant wheat. The opportunity cost is to grow another crop or use resources (land and farm tools) in another way. Commuters commute by train instead of by car.
Opportunity cost is what you have to give up to buy what you want in other goods and services. When economists use the word cost, they usually mean opportunity cost. The word “expenses” is often used in everyday conversation and news.
Opportunity cost is an economic term that refers to the value of something you have to give up in order to choose something else. In short, it's the value of the path it didn't take.
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When determining the amount of cash payments for manufacturing overhead, which costs are removed from the budgeted manufacturing overhead?
When determining the number of cash payments for manufacturing overhead, Depreciation is removed from the budgeted manufacturing overhead.
What is depreciation in accounting?
Depreciation is allocated across the asset's estimated useful life in order to charge a reasonable portion of the depreciable amount for each accounting period. Depreciation includes the amortization of assets with predetermined useful lifetimes.
How to calculate manufacturing overhead?
You must total up all indirect costs associated with the manufacturing of a product to determine manufacturing overhead. This covers the price of depreciation, factory supplies, electricity, insurance, maintenance of machines, indirect materials and labor, and more.
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Why do some critics view the united nations as an ineffectual intergovernmental organization?
The international system's power centres are not adequately represented by the Security Council. The phrase international system might mean: international relations and politics It is the world's collection of nations. The phrase is frequently used to describe twentieth-century international systems, although it can also be used to describe pre-industrial international state systems.
In the international number system, commas serve as separators and are positioned in accordance with their periods to allow for precise reading of the number. For instance, the number 456456 can be written as 456,456 or spoken as 4556,000, 4556,000.These are the four most popular forms of number systems: Decimal Number System. Binomial Number System.
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Profit-maximizing firms enter a competitive market when existing firms in that market have.
For businesses to be profitable, there are numerous avenues to take. In completely competitive markets where profit-maximizing enterprises are making a profit, new businesses will enter the market.
What is Perfectly competitive market?Perfect competition occurs when all businesses sell the same goods, market share has no bearing on prices, businesses can enter or quit without any restrictions, consumers have complete or perfect information, and businesses are unable to set prices.
Simply expressed, profit maximization is the process that businesses use to determine the prices, inputs, and output levels that typically result in the most profit. This process can be short-term or long-term.
The marginal revenue must equal the marginal cost (MR=MC) for businesses to maximize profits in a fully competitive market. The revenue curve's slope, known as MR, is typically equal to the slopes of the demand and price curves (P).
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Question 9(Multiple Choice Worth 4 points)
(01.08 LC)
Which of the following describes a share of ownership in a corporation that represents a claim on a portion of that
company's earnings?
O Bond
O Stock
Future
O Mutual fund
Answer:
B. Stock
Explanation:
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Answer:
B) Stock
Explanation: