Business, 07.11.2019 03:31 aurorasweetpea610
Ben and jerry are managers at the company, and they have this discussion: ben: we should produce 4,000 lamps per month because that will minimize our average costs. jerry: but shouldn't we maximize profits rather than minimize costs? to maximize profits, don't we need to take demand into account? ben: don't worry. by minimizing average costs, we will be maximizing profits. demand will determine how high the price we can charge will be, but it won't affect our profit-maximizing quantity. evaluate the discussion between the two managers. ben's assertion that the firm should produce the quantity of lamps where average costs are minimized is
Answers: 3
Business, 21.06.2019 20:30
Suppose the price of a complement to lcd televisions rises. what effect will this have on the market equilibrium for lcd tvs?
Answers: 1
Business, 21.06.2019 23:10
At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. required: a. journalize the adjusting entry to record the accrued fees on december 31. refer to the chart of accounts for exact wording of account titles. b. if the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?
Answers: 2
Business, 22.06.2019 09:40
Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?
Answers: 2
Business, 22.06.2019 11:00
Which statement best describes the variety of workplaces commonly found in the health science career cluster? a. workplaces in this cluster include healthcare facilities such as hospitals, physician offices, and clinics. b. workplaces in this cluster include healthcare facilities, laboratories, and other environments such as offices or homes. c . workplaces in this cluster include nonprofit hospitals, government-run clinics, and private physicians' offices. d. workplaces in this cluster include private and nonprofit hospitals and clinics, and dentists' offices.
Answers: 1
Ben and jerry are managers at the company, and they have this discussion: ben: we should produce 4...
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