We fi nd price by dividing _______. a) total revenue by output b) output by total
Question:
We fi nd price by dividing _______.
a) total revenue by output
b) output by total revenue
c) total cost by output
d) output by total cost
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
The correct answer is a total revenue by output Heres why ...View the full answer
Answered By
OTIENO OBADO
I have a vast experience in teaching, mentoring and tutoring. I handle student concerns diligently and my academic background is undeniably aesthetic
4.30+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
A researcher is interested in estimating the starting salary for new law school graduates. She collects data on the performance of the graduating class across different schools as well as some...
-
KOK Bhd an electrical goods manufacturer, entered into the following transactions during the year 2016. Required: Show how the following situation should have been recorded by KOK Bhd under Malaysian...
-
CANMNMM January of this year. (a) Each item will be held in a record. Describe all the data structures that must refer to these records to implement the required functionality. Describe all the...
-
The graph above is the U.S. market for some imported good. Supply is a flat curve. The U.S. can import the Chinese good for $40 and the Mexican good for $48. Assume the U.S. imposes $10 tariffs on...
-
Assume that the following accounts are taken from the December 31, 2014, financial statements of Rogers Communications Inc. (Amounts are in millions.) Required Prepare an income statement for the...
-
Most modern Java compilers have optimizers that can detect simple cases when it is logically impossible for certain statements in a program to ever be executed. In such cases, the compiler warns the...
-
Assume an employee earns $900 per day and accrues one sick leave each month. Make the journal entry necessary at the end of the quarter to record the accrual of the sick leaves during the quarter.
-
Here is a proposed income statement of a childrens clothing store: List and describe any shortcomings of this statement. Kids 2 Klad Statement of Profit and Loss, December 31, 20X1 Revenues: Sales...
-
The cash account for the Justice Company at June 30, 20X8 indicated a balance of $5900. The bank statement indicated a balance of $5800 on June 30, 20X8. Comparing the bank statement and the...
-
The marginal cost curve intersects the average variable cost curve at the ______. a) shut-down point b) break-even point c) maximum profi t point
-
Each of the following provides an example of economies of scale except ____. a) the computer software industry b) the pharmaceutical industry c) Adam Smiths pin factory d) movie and TV production e)...
-
Service-oriented architecture (SOA) is a recent approach to systems development and implementation that has much in common (and some differences, as well) with enterprise architecture. Go online and...
-
Esfandairi Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.35 million. The fixed asset will be depreciated straight-line to zero...
-
Without solving the equation, find the number of roots for each equation. a. -2(x-1.3)+5=0 b. -3(x-4)(x+1)=0
-
-46) A body projected upward from the leved ground at an angle of Go af 300 the horizontal has an inctral speed If the air friction is negligible and by taking gravitational acceleration 9 = 9.81 m...
-
What FAA certificate shows an aircraft passes ground and flight tests?
-
1. A bank with deposits of $500 million has $75 million in cash on hand, $50 million in deposits with the Bank of Canada, and $80 million in government securities. If the reserve requirement is 15...
-
For many individuals, the nature of work and jobs is changing. Describe these changes, some reasons for them, and how they are affecting both HR management and individuals.
-
Consider the function f and its graph. a. Estimate the zeros of the area function b. Estimate the points (if any) at which A has a local maximum or minimum. c. Sketch a graph of A, for 0 x 10,...
-
1. The wage for a particular occupation will be relatively low if labor _______ (demand/supply) is small relative to labor _______ (demand/supply). 2. If a city has a relatively high crime rate, we...
-
1. The wage for a particular occupation will be relatively low if labor _______ (demand/supply) is small relative to labor _______ (demand/supply). 2. If a city has a relatively high crime rate, we...
-
1. The wage for a particular occupation will be relatively low if labor _______ (demand/supply) is small relative to labor _______ (demand/supply). 2. If a city has a relatively high crime rate, we...
-
John is looking for a new car. He has a down payment of $1,000.00 and wants to pay $250.00 per month for 5 years. The best deal he found for an amortized loan is his local bank, at a rate of 2.95%....
-
The manager of Bob's Yacht Sales has approved your application for credit. The maximum payment she approved is $80 a month for 48 months. The APR is 12.5 percent. What is the maximum price of a boat...
-
2. The proprietor of a food stall has introduced a new item of food. The cost of making it is $1 per piece, and because of its novelty it could be sold for $3 per piece. It is, however, perishable...
Study smarter with the SolutionInn App