True or false: the balance sheet will directly measure the company's market value.
Answers
The given statement " The balance sheet will directly measure the company's market value." is false because the balance sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time.
It does not directly measure the market value of a company. The balance sheet shows the historical costs of the company's assets, which may not reflect their current market values. Market value is determined by factors such as supply and demand, investor sentiment, and future growth prospects.
To estimate a company's market value, investors often use methods such as market capitalization, which takes into account the current share price and the number of shares outstanding. Therefore, while the balance sheet provides important financial information, it does not directly measure a company's market value.
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Related Questions
You have decided to continue on with licensing your business to a firm in India. Much to your surprise, the Indian government has announced that it intends to enact local content law requirements. How will this impact the production of your products?
Answers
Answer:
You are not supposed to be allowed to import solar kits through India.
Explanation:
By laws requiring a predetermined reserve marketplace of providers for foreign operators to purchase from, local sourcing laws therefore will inevitably establish circumstances that are favorable to corruption and fraud. That was because regulations on local content enable businesses to use the very goods as well as products manufactured throughout the home economy and don't use imported products.Imagine that you are serving as the general manager of a hotel. What three aspects do you think would be most important to the success of your hotel? How would you improve these facets of your hotel?
Answers
Answer:
1. Create and give innovative experience.
2. Brand and reputation operation
3. Improvement in workers general welfare
Explanation:
As a manager in an hotel, I would Improve the facets of the hotel by
1. Create and give innovative experience. As a manager, I would ensure the hotel create and delivers top notch service considering there are competition in the hospitality industry.
2. Brand and reputation operation. When customers receives a world class experience, reputation is being created here. I would then sustain this reputation by making it a brand upon which the hotel will be identified with subsequently.
3. Improvement in workers general welfare. This is very critical to the success of the hotel. Once workers are well paid , it would spur them to work and align with the vision I have for the hotel.
using ________, consumers choose messages to which they pay attention.
Answers
discriminating perception Jane, who considers herself to be a health nut, enjoys running a lot. She attends the gym for two hours every day, consumes only wholesome, low-fat meals, and participates in a number of online fitness communities.
Also, Jane smokes cigarettes. Jane believes that, as long as she stays active, eats properly, and smokes fewer than one pack per day, she will not experience any negative health effects from smoking. The selective perception theory proposes that while we perceive stimuli, we filter them both consciously and unconsciously. We can consciously shut out some inputs, including colours, noises, and images. By choosing to ignore distracting, irrelevant, or contradictory information, we can actively direct our attention to certain stimulition.
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Using selective attention the customers choose messages to which they pay attention.
What is selective attention?Selective attention is a normal and automatic process that takes place when clients are exposed to a large number of data and stimuli; however, it is better to concentrate on a select subset of them.
So many elements, such as personal interests, motivation, relevance, novelty, and the situation in which the information is provided, imitate this selection process.
Why is selective attention important?With selective attention, one may pay attention to information that is important to their current work while disregarding irrelevant data. This, therefore, results in better processing of information important to the job. It is also known as controlled attention.
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what interest payment is exceeded by only 20 of the bank's visa cardholders
Answers
Please follow the steps mentioned above and use the available data to determine the interest payment amount in question
It appears that you are asking about the interest payment amount that is exceeded by only 20 of a bank's Visa cardholders. To find this answer, you would need to follow these steps:
1. Obtain a list of interest payments made by all the bank's Visa cardholders. You might need to contact the bank or refer to their records to obtain this information.
2. Arrange the interest payments in descending order, from the highest to the lowest amount.
3. Count the number of interest payments that are higher than each amount on the list, to determine the rank of each payment.
4. Identify the interest payment that has exactly 20 payments above it in the ranking. This is the amount that is exceeded by only 20 of the bank's Visa cardholders.
Unfortunately, without specific data on the interest payments made by the bank's cardholders, I cannot provide an exact figure.
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Why doesn't the Lorax do anything to stop the Once-ler (hint: he's a symbol)? What does this tell us
about the future of business decisions?
Answers
Answer:
The Lorax is a symbol of environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. This tells us that if we do not take steps to balance economic growth and environmental sustainability, it could lead to long-term negative consequences for the environment and future business decisions.
Explanation:
The Lorax is a children's book by Dr. Seuss that explores the environmental impact of economic growth and consumerism. In the story, the Once-ler begins cutting down Truffula trees to make a product called Thneeds, despite the warnings of the Lorax, who speaks for the trees and the animals that depend on them.
The Lorax represents environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. The Once-ler's actions are driven by his desire for profit, and he continues to cut down trees despite the negative impact it has on the environment. The Lorax, as a symbol of environmental awareness, is unable to stop the Once-ler from destroying the ecosystem, which ultimately leads to the disappearance of the Truffula trees and the animals that depend on them.
This lack of balance between economic growth and environmental sustainability is a lesson that has implications for future business decisions. If businesses prioritize profit over environmental sustainability, it could lead to long-term negative consequences for the environment, which could ultimately harm the economic viability of those businesses. It is important for businesses to consider the environmental impact of their decisions and take steps to balance economic growth and sustainability for the long-term health of the environment and economy.
Under the California Insurance Code, all life __________ are agents when transacting life or disability insurance, regardless of the language the insurance company may use in its agency agreements, advertising, or other communication.
Answers
Under the California Insurance Code, all life settlement brokers are agents when transacting life or disability insurance, regardless of the language the insurance company may use in its agency agreements, advertising, or other communication.
A life settlement broker is a licensed professional who facilitates the sale of an existing life insurance policy to a third party for a lump sum payment. Life settlement brokers represent the policy owner, and their primary responsibility is to obtain the highest possible offer for the policy. Because they are involved in the sale of life insurance policies, life settlement brokers are considered agents under California law, regardless of the language used by insurance companies in their contracts or communications. This means that they are subject to certain legal requirements, including licensing, disclosure, and fiduciary duties to their clients. The purpose of these regulations is to protect consumers and ensure that they receive fair and honest treatment in the life settlement process.
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Required-: JOURNAL ENTRY
Paid Rs. 28,000 to Sansee stores in fullsettlement of Rs. 30,000 by cheque
please help Me with this.
I'm still confused in it.
Answers
Explanation:
Given:
Paid 28,000 in full settlement
Explanation:
Books of (......LTD)
Journal entries
Particular Debit Credit
Sansee stores A/C DR. 30,000
To Discount A/C CR 2,000
To Bank A/C CR 28,000
Match the tasks with the professionals who would complete them.
Answers
Videographer: use editing softwares, discuss filming techniques
Network administrator: train users how to use the system, determine ways to make the system more effective
Hope this helps!
Answer:
Explanation:
1,3 and 2,4 and 5,6 and thats it
Serena has been waiting for Hamilton to come to her local theater. When it finally does come, tickets cost $60. Serena's reservation price is $75. But when Serena tries to buy a ticket, they are sold out. Serena decides to try to buy a ticket from a scalper (a person who purchased extra tickets at the box office with the intent to resell them at a higher price). If Serena finds someone who is willing to sell her a ticket for $70, she should
Answers
Serena should buy the ticket for $70.
Explanation:
Serena's reservation price is the maximum amount she is willing to pay for a ticket to see Hamilton, which is $75. However, when she tries to buy a ticket at the box office, they are sold out, which means that the only option left for her is to buy a ticket from a scalper. The scalper is offering to sell her a ticket for $70, which is less than her reservation price of $75. Therefore, buying the ticket for $70 is still worth it for Serena since it is less than her maximum willingness to pay.
what is a living will?
Answers
Answer:
A living will is a document that spells out what your wishes are if you're still alive, but unable to speak for yourself.
Explanation:
Answer:
A living will, despite its name, isn't at all like the wills that people use to leave property at their death. A living will, also called a directive to physicians or advance directive, is a document that lets people state their wishes for end-of-life medical care, in case they become unable to communicate their decisions. It has no power after death.
If you’re helping someone with their estate planning (or doing your own), don’t overlook a living will. It can give invaluable guidance to family members and healthcare professionals if a person can’t express his or her wishes. Without a document expressing those wishes, family members and doctors are left to guess what a seriously ill person would prefer in terms of treatment. They may end up in painful disputes, which occasionally make it all the way to a courtroom.
Which of the following is true of the differences in relative demand and supply of currencies?
A. They cannot be used to explain the determination of exchange rates.
B. While they provide an understanding of the major factors underlying exchange rates, they exclude minor factors.
C. They provide a high-level understanding of exchange rates.
D. While they provide an accurate explanation for appreciation of currencies, they fail to explain depreciation.
E. They cannot explain or predict when the demand of a particular currency would exceed its supply and vice versa
Answers
The statement "They cannot explain or predict when the demand of a particular currency would exceed its supply and vice versa" is true of the differences in relative demand and supply of currencies. So option E is the correct answer.
The differences in relative demand and supply of currencies cannot fully explain or predict when the demand for a particular currency would exceed its supply or vice versa.
While relative demand and supply play a significant role in determining exchange rates, there are numerous other factors that can influence currency markets, such as economic indicators, political events, market sentiment, and central bank policies.
These additional factors can create fluctuations and deviations from the simple relationship between demand and supply.
Therefore, while understanding relative demand and supply is important for analyzing exchange rates, it is not the sole determinant and should be considered alongside other factors for a more comprehensive understanding.
So the correct answer is option E.
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In reviewing the security logs for a company's headquarters in New York City, which of these activities should not raise much of a security concern?
A recently hired data scientist in the Medical Analytics department has repeatedly attempted to access the corporate financial database
One evening an employee logs in from home and downloads all of the files associated with the new product he is working on
An employee has started logging in from home for an hour or so during the last 2 weeks of each quarter
Each night one headquarters employee logs into his account from an ISP in China
Answers
A recently hired data scientist in the Medical Analytics department has repeatedly attempted to access the corporate financial database activities should not raise much of a security concern. The answer is OPTION A
The three guiding principles of confidentiality, integrity, and availability make up the CIA Triad (CIA). These tenets collectively constitute the basis for information security policies. A program, organization, system, or enclave's cybersecurity is under the control of this role.
Information Systems Security Officer (ISSO) Cybersecurity Officer is another name for the person who fills this position. Inform your legal team as soon as you can about the breach and provide them with all relevant information so that your organization is prepared for any scenario.
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What certificate will we get if we become a teacher?
Answers
Answer:
You can get a teaching certificate or an alternative certification, but go for the nationally-recognized board certification when you're eligible. Use the best job sites. The best job sites, for teaching jobs, are the websites of the school and school district themselves.
which fire department-related facility stores items needed on a daily basis by the fire stations and offices, houses nonmotorized equipment, and repairs hose?
Answers
Warehouse/central stores. An institution that offers services for fire prevention and suppression is known as a fire department or fire brigade, often referred to as a fire authority, fire and rescue, or fire service in some places.
Fire departments are a component of the community. In the United States, there are over 31,000 municipal fire departments and over a million firemen, of whom about 750,000 work as volunteers. Small, rural villages with less than 5,000 persons are protected by more than half of firemen, and many places depend on volunteer departments with limited funding. The development of mutual aid agreements to share resources is one of the greatest approaches for these places, which are outside of big urban centres. This strategy enhances readiness for and reaction to fires and other catastrophes.
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Match the steps that marketing management performs to the scenarios that describe the steps
Answers
The steps that marketing management performs to the scenarios that describe the steps include the "Discovery Step --- Marketing management team are performing detailed research for the best target market for their products or services."
The other steps that marketing management performs to the scenarios that describe the steps include the following:
Strategy step -- the marketing management team determines the proper marketing channels for their product or services. Then, they formulate the messaging and finally plan the timing.Implementation step -- the marketing management team decides when and where to execute their targeted, cost-effective marketing campaigns and put them into action.Measurement step -- the marketing management team assesses the marketing campaign results to know the right methods or techniques before continuing with the marketing campaign.Hence, in this case, it is concluded that the Marketing management team plays a vital role in the product life cycle.
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Suppose that a firm in a competitive market is currently maximizing profit at an output of 50 units. If the current price is $9, the marginal cost of the 50th unit is $9,and the average total cost of producing 50 units is $4, what is the firm's profit
Answers
Answer:
437
Explanation:
50 x 9 = 450-13=437
Carbon Monoxide Poisoning: (Please bullet or number your answers.)
All gas-powered vehicles produce carbon monoxide. Carbon monoxide is a deadly, odorless gas that is released from the exhaust pipe of vehicles.
What are two (2) ways you can prevent carbon monoxide poisoning with gas-powered vehicles?
Answers
Proper maintenance of the vehicle: Regular maintenance of the vehicle's exhaust system can prevent carbon monoxide leaks. This includes ensuring that the exhaust system is properly connected and that the catalytic converter is functioning correctly. It is also important to check the vehicle's emission levels to make sure they are within the acceptable range.
Proper ventilation: To prevent carbon monoxide buildup, it is important to have proper ventilation when operating gas-powered vehicles. This means avoiding driving in enclosed spaces, such as garages, and keeping the windows or vents open when driving. Additionally, it is important to avoid idling the vehicle for extended periods of time, especially in enclosed or poorly ventilated areas.
When j. R. Joined his uncle’s oil exploration company in east texas, he was given several hundred shares of stock in the firm, and was officially made a partner. The firm’s accountant explained that this partnership looks much like a corporation and is traded on a stock exchange but is taxed like a partnership and thus avoids the corporate income tax. Income received is not taxed before it is passed on to investors as dividends as it would be if the company were a corporation. This firm is likely a special form of ownership called a?.
Answers
If the income received is not taxed before it is passed on to investors as dividends as it would be if the company were a corporation. This firm is likely a special form of ownership called a: Master limited partnership
What is partnership?Partnership can be defined as the business that involve two or more parties in which the parties involve must share the profit and loss incurred from the business.
On the other hand Master limited partnership can be defined as a form of business that is owned by two or more parties who shared are often trade in the stock market.
Therefore If the income received is not taxed before it is passed on to investors as dividends as it would be if the company were a corporation. This firm is likely a special form of ownership called a: Master limited partnership.
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Answer:limited partnership
Explanation:
Sunrise, Incorporated, is trying to determine its cost of debt. The firm has a debt issue outstanding with 25 years to maturity that is quoted at 103 percent of face value. The issue makes semiannual payments and has an embedded cost of 8 percent annually.
a. What is the company's pretax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
b. If the tax rate is 21 percent, what is the aftertax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers
(a) The pretax cost of debt is 8.39%. (b) If the tax rate is 21 percent, the aftertax cost of debt is 6.61%.
a. The pretax cost of debt is calculated using the following formula:
Pretax cost of debt = (Coupon payment ÷ Bond price) + Embedded cost of debt
First, we need to calculate the coupon payment. Since the bond makes semiannual payments, we can use the following formula to calculate the semiannual coupon payment:
Coupon payment = (Face value of bond × Coupon rate) ÷ 2
The face value of the bond is not given, but we know that the bond is quoted at 103 percent of face value, which implies that the bond price is 1.03 times the face value. Therefore, we can assume a face value of $100 and calculate the bond price as $1030.
The coupon rate can be calculated as follows:
Coupon rate = (Coupon payment ÷ Face value of bond) × 2
We can rearrange the formula to solve for the coupon payment:
Coupon payment = (Coupon rate ÷ 2) × Face value of bond
Since the bond has an embedded cost of 8 percent annually, we can plug in the values into the formula to get:
Coupon payment = ($4 ÷ $100) × $100 = $4
Therefore, the pretax cost of debt is:
Pretax cost of debt = ($4 ÷ $1030) + 8% = 8.39%
b. The aftertax cost of debt is calculated as follows:
Aftertax cost of debt = Pretax cost of debt × (1 − Tax rate)
Substituting the values, we get:
Aftertax cost of debt = 8.39% × (1 − 21%) = 6.61%
Therefore, the aftertax cost of debt is 6.61%.
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Which function is used to add a range of cells
Answers
Explanation:
You can use AutoSum to quickly sum a range of numbers in a column or row
People must make choices among available options because people
(A) are irrational
(B) have limited wants
(C) have limited resources
(D) are not provided goods by the government
(E) do not receive positive benefits from consuming certain goods
Answers
Answer:
I Believe its E but im not sure...
Explanation:
Sorry if im wrong hope this helps!!
During annual performance evaluations at Lemaitre Industries, each worker receives anonymous feedback from his or her peers. Sheldon's feedback indicated that though his peers see him as someone who is persistent and driven to succeed, they wish he could be more flexible and not micro-manage them so much when working in project teams. According to this feedback, which of the following best represents how Sheldon would score on a survey of the Big Five personality traits? Group of answer choices High on Type A High on Conscientiousness High on Extraversion Low on Conscientiousness Low on Agreeableness
Answers
Based on the feedback given about Sheldon, it is most likely that he would score high on Conscientiousness and low on Agreeableness if evaluated using the Big Five personality traits.
Conscientiousness is characterized by being organized, responsible, and dependable. Sheldon's peers describe him as persistent and driven to succeed, which suggests that he takes his work seriously and has a strong work ethic.
However, his tendency to micro-manage his team members may indicate that he has difficulty delegating tasks and trusting others to do their job. This could be a sign of perfectionism, which is also associated with high levels of Conscientiousness.
On the other hand, Agreeableness is characterized by being cooperative, compassionate, and empathetic towards others. Sheldon's feedback suggests that his peers wish he could be more flexible and less controlling when working in project teams. This may indicate that he has difficulty compromising or considering others' opinions, which are traits associated with low Agreeableness.
In conclusion, based on the feedback provided, Sheldon is likely to score high on Conscientiousness and low on Agreeableness if evaluated using the Big Five personality traits.
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A small coffee shop consumes on average 5000 bags of their most popular coffee beans each month. Demand is normally distributed with standard deviation of the monthly demand being 200 bags. The shop pays $12 for each bag to the supplier. The cost of ordering and receiving shipments is $12 per order. Accounting estimates annual inventory carrying cost is 30% of its value. The supplier lead time is a constant of 2 operating days. The shop operates 240 days per year, i.e., the shop operates 20 days each month. Each order is received from the supplier in a single delivery. The coffee shop uses continuous review (i.e., fixed-order quantity) inventory system and pays the supplier when the order is delivered (i.e., cash on delivery). There are no quantity discounts. Please keep two decimal places in all your calculations.
What quantity should the shop order with each order?
Answers
Therefore, the coffee shop should order 6,125 bags of coffee beans with each order. This will minimize the total cost of ordering and receiving shipments while ensuring that the shop has enough inventory to meet its demand.
To determine the optimal order quantity for the coffee shop, we can use the Economic Order Quantity (EOQ) model. The EOQ formula is:
EOQ = √[(2D - H) / (r - H)]
Where:
EOQ is the optimal order quantity
D is the demand for the item per month
H is the holding cost per unit per month
r is the monthly ordering cost
We can first calculate the holding cost per unit per month:
Holding cost per unit per month = (20 days * 12)/(30 *12perday)
Next, we can calculate the monthly ordering cost:
Monthly ordering cost = 1 order per month = $12 per order
We can then calculate the monthly demand:
Monthly demand = 5000 bags per month = 5000 / 20 bags per day = 250 bags per day
Finally, we can calculate the annual demand:
Annual demand = 250 bags per day x 365 days = 91,250 bags per year
We can then plug these values into the EOQ formula:
EOQ = √[(2D - H) / (r - H)]
= √[(2(91,250) - (91,250) / 12) / (12 - (91,250) / 12)]
= √[84,000 / 12]
= 6,125 units
Therefore, the coffee shop should order 6,125 bags of coffee beans with each order. This will minimize the total cost of ordering and receiving shipments while ensuring that the shop has enough inventory to meet its demand.
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1. What product/ service do you want to offer or manufacture? Why?
2. How are you going to advertise your product/service?
3. What made you choose the current location of your business?
Answers
Answer:
1. What product/ service do you want to offer or manufacture? Why?
The service would be a data analytics service. The reason is that data science and data analytics have become more and more important for companies in recent years, and there is a growing market for this kind of services.
2. How are you going to advertise your product/service?
This is a specialized service so hopefully word of mouth, and networking would be the main advertising networks. Besides that, some advertising in social media would be helpful.
3. What made you choose the current location of your business?
Because data analytics is a very digitalized job, the location of the business could be almost anywhere. Relatively low taxation, an educated workforce, and good business environment would be the main factors in deciding the location of the business.
Which examples demonstrate common education and qualifications for Management and Entrepreneurship careers? Check all that apply.
Horatio is good at following instructions.
Marissa has strong visual design skills for arranging displays.
Letisha has a bachelor’s degree in marketing.
Quentin has many years of experience in public relations.
Devon is able to stand for long periods of time.
Lloyd is skilled at planning and managing budgets.
Answers
Answer:
3- Letisha has a bachelor’s degree in marketing.
4-Quentin has many years of experience in public relations.
6-Lloyd is skilled at planning and managing budgets.
Explanation:
The example that shows qualification are
Letisha bachelor’s degree in marketing.Quentin years of experience in PR.Lloyd skills at planning and managing budgets.What are management and enterpreneurship?Management and the entrepreneurship both terms refer to the part of administration of an organization that can be the business, the nonprofit, or even the government body.
Entrepreneurship is a process of discovering the new ways to combine resources. These resources have a greater value than the market.
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Mobil allocates 1,708 1/3 gallons of gas per month to jerry's service station. the first week, jerry sold 2794 1/2 gallons; second week,
284 1/4 gallons; and third week, 193 3/8 gallons. if jerry sells 578 1/2 gallons in the fourth week, how close is jerry to selling his allocation?
Answers
The left over allocation is mathematically given as
Xj=1260.04
Asset allocation is the execution of a venture system that endeavors to adjust risk versus compensation by changing the level of every resource in a speculation portfolio as per the financial backer's gamble resistance, objectives and speculation time period
Generally, the equation for the allocation total is mathematically given as
Xt=1st+2nd+3rd+4th weeks allocation
Therefore
Xt = 2794 1/2 + 284 1/4 + 193 3/8 + 578 1/2
= 1397 + 71 + 72.375 + 289
Xt = 1829.375
Therefore, The allocation Mobil has to cover is
Xj = 1708(1/3)-1829.375
Xj=1260.04
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Which represents the most accurate description of how credit cards differ from loads
Answers
Answer:
C
Explanation:
Loans are typically for something that will build your value. Credit cards are not.
The option B gives the accurate difference between a credit card and a loan. The credit card payments typically vary from month to month, while the loan payments remain the same as long as the interest rates remain the same.
What is a Credit Card?A credit card is a form of borrowing and allows you to borrow up to the credit limit set for your card. Credit cards let you borrow money from a bank under the agreement that you'll repay it by your bill's due date or incur interest charges.
A credit card is a type of payment card in which charges are made against a line of credit instead of the account holder's cash deposits. When using a credit card, you will need to make at least the minimum payment every month by the due date on the balance.
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Jackson invested $15,000 in a mutual fund. His sister invested 20% more money than he did. How much money did jackson's sister invest? enter the answer in the box.
Answers
Answer:30
Explanation:
serta carpet how much are total variable costs if 2,200 yards of carpet are produced and sold in april?
Answers
If 2,200 yards of carpet are made and sold in April, the variable costs per unit are $17.00. The correct answer is option A.
To calculate the variable costs per unit, we need to determine the total variable costs and then divide it by the number of units produced and sold.
The variable costs in March were:
Nylon thread used on carpet: $12,200 Scotch guard for carpet: $16,000 Jute backing to reinforce the carpet: $4,000 Glue used in the manufacturing process: $5,000 Production employee's wages: $7,000The total variable costs in March are the sum of these costs:
$12,200 + $16,000 + $4,000 + $5,000 + $7,000 = $44,200
To calculate the variable costs per unit, we divide the total variable costs by the number of units produced and sold in March:
$44,200 / 2,600 yards = $17 per yard
Now, if 2,200 yards of carpet are produced and sold in April, we can calculate the variable costs per unit for April:
$17 per yard * 2,200 yards = $37,400
Dividing this total variable cost by the number of units produced and sold in April:
$37,400 / 2,200 yards = $17 per yard
Therefore, the variable costs per unit if 2,200 yards of carpet are produced and sold in April are $17.00 (Option A).
The complete question must be:
Serta Carpet, which manufactures carpet, incurred the following costs for March when 2,600 yards of carpet were produced and sold:$12,200 for nylon thread used on carpet$16,000 for scotch guard for carpet $4,000 for jute backing to reinforce the carpet $5,000 for glue to be used in the manufacturing process $21,000 for insurance (half for administrative activities, half for productionactivities) $7,000 for production employee’s wages $10,000 for rent (60% for the production facility, 40% for the administrativeoffices) How much are variable costs per unit if 2,200 yards of carpet are produced and sold inApril?A.$17.00B.$28.92C.$20.09D.$34.18
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Marginal cost increases as the quantity of output increases. This reflects the property o
Answers
The property of marginal cost increasing as the quantity of output increases is known as diminishing marginal product.
What is diminishing marginal product?
Diminishing marginal product states that says as more units of a variable input of production is added to a fixed factor of production, output might increase initially but after a point total output would increase at a decreasing rate and marginal product would begin to decrease.
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Marginal cost increases as the quantity of output increases. This reflects the property of diminishing marginal product.
What do you mean by Marginal cost?Marginal cost refers to the change in total production cost by producing one additional unit.
A company can maximize its profits by producing to where marginal cost equals marginal revenue. The law of diminishing marginal product where an advantage can be gained for a factor of production.
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