At the inception of the asset's life if a legal obligation exists it is appropriate to recognize a liability for an asset retirement obligation.
How can asset retirement obligations be determined?
Obligations related to asset retirement are originally recorded at fair value in the period in which they are incurred, provided that it is reasonably possible to anticipate the size of the liability. If the ARO occurs over time or as a result of a change in the legislation, determining the proper date of recognition may be difficult.
What does it mean by asset retirement obligation?
An obligation under the law known as an asset retirement obligation is connected to the permanent removal of a long-lived asset from service. At the balance sheet date, the obligation is recorded at the best estimate of the amount needed to pay it off.
To know more about asset retirement obligation, click here- brainly.com/question/14298631
#SPJ4
the benefit enjoyed by a third party that is not directly involved in the production or consumption of a good or service is called: multiple choice question. marginal benefit. a positive externality. an externality. a negative externality. marginal cost.
The benefit enjoyed by a third party that is not directly involved in the production or consumption of a good or service is called externality.
What does the term externality mean?
Externalities are situations when the production or consumption of products and services has an impact on other people that results in costs or advantages that are not accounted for in the pricing charged for the goods and services being offered.
What impact do externalities have on the economy?
When people, households, and businesses fail to internalise the indirect costs or advantages of their economic interactions, externalities pose serious issues for economic policy. Inefficient market outcomes are the result of the resulting wedges between social and private costs or profits.
To know more about externality, click here- brainly.com/question/477170
#SPJ4
if financial investors expect dollar to depreciate against the yen over the coming year, one-year interest rates will be higher in the united states than in japan
If financial investors expect dollar to depreciate against yen over coming year, it will be lower in United States than in Japan.
Who is an investor?A person who invests money in the expectation of profiting or gaining an advantage in the future is known as an investor (interest). This definition makes no distinction between investors in the primary and secondary markets. In other words, both people who make financial investments in a firm and those who buy stock do so. Investors who own stock are known as shareholders. Despite the prospect of tax law changes, long-term capital gains are anticipated to continue benefiting investors. Contrary to this view, it is believed that after-tax returns should be considered, especially during retirement, and that stock allocation should be maximized to the greatest extent possible because they are typically lower than any returns.
To learn more about investor, visit:
https://brainly.com/question/28538187
#SPJ4
Sophia operates her own accounting practice and is looking to hire two entry‑level accountants. A high‑productivity worker will generate $90,000 in revenue per year and a low‑productivity worker will generate $60,000. Tasia is a high‑productivity worker and wants a salary of at least $80,000. Rick is a low‑productivity worker and wants at least a $55,000 salary.
As long as the new revenue and her profit total $15,000, Sophia will recruit each employee. She would therefore be willing to pay a maximum salary of $71,500. Employers may employ a variety of techniques to assess a candidate's productivity prior to hiring them.
What is high-productivity?It denotes increased productivity in a company's or economy's ability to convert resources into goods. Growth in productivity offers us the chance to produce more with fewer resources. Economic growth is fueled by increased productivity, which allows an economy to create and consume an increasing number of goods and services while putting in the same amount of labor. People who are more productive can work more efficiently, complete tasks faster, and have more leisure time. Productivity can support a healthy work/life balance, and for some people, it even makes work more enjoyable and reduces stress.
How to Measure Productivity in the Workplace?The effectiveness with which activities and objectives are accomplished in an organization is determined by productivity at work. It represents the proportion of individual or group input to output. The productivity of a company can, however, be impacted by a variety of internal and external factors, so managers must be aware of the processes that go on between input and output.
Briefing:1. Invoke the Rational Rule for Buyers. Insofar as the extra income she receives exceeds or is equivalent to the extra expense, Sophia will hire each employee. In this instance, she hires Tasia after paying her $80,000 and receiving an additional $90,000 in revenue from her. Rick earns Sophia $60,000 and she pays him $55,000, so she will also hire Rick. $15k will be her overall profit.
2. Sophia will pay a salary based on the average productivity because she cannot assess the worker's actual productivity before hiring. The most she would be prepared to spend in this situation is: (0.65 $60,000 + 0.35 $90,000) = $39,000 + $31,500 = $70,500.
Only Rick would take the job offer at this payscale. The highest price a high-quality employee will accept is less than Sophia's greatest willingness to pay, but it is higher than the income a worker with low productivity will produce.
3. Employers can assess a candidate's productivity before hiring them using a variety of methods. Verifying work and academic history, getting in touch with references, looking over a portfolio, and setting up one or more interviews are all examples of strategies.
To know more about High Productivity visit:
https://brainly.com/question/13774781
#SPJ4
The complete question is:Sophia operates her own accounting practice and is looking to hire two entry-level accountants. A high-productivity worker will generate $90,000 in revenue per year and a low-productivity worker will generate $60,000. Tasia is a high-productivity worker and wants at least a salary of $80,000. Rick is a low-productivity worker and wants at least a $55,000 salary.
a. If Sophia can identify Tasia's and Rick's productivity, who should she hire and what would her profits be?
b. It's more likely that Sophia can't tell who will be a high- or low-productivity worker from an interview. But based on her experience, she believes that 65% of workers are low productivity and 35% of workers are high productivity. Find the maximum salary that she would be willing to pay and determine who will accept her job offer. Does this change the maximum she is willing to pay for an accountant of unknown quality?
c. How do employers try to determine a job candidate's productivity before hiring them?
9. what are some examples of judgment traps and tendencies that likely influenced the auditors judgment when auditing waste management's financial statements
There are a number of studies that have identified and analyzed some of the more common potential judgment biases that can bias examiners' judgments. These common latent judgment tendencies are Positive (confirmation), Overconfident, Anchored, and Available.
What are the types of judgment and what is a good judgment?Judgments can be classified as personal, realistic, or quasi-realistic. An individual or individual judgment is most commonly rendered by a court and imposes personal responsibility or liability on one person or group to another person or group.For example, if a borrower is unable to repay a loan or credit his card debt, the lender or creditor may seek a judgment to force the borrower to pay.Good judgment includes prioritization, meeting deadlines, and careful planning to help you navigate difficult and stressful situations effectively. Making decisions that don't consider the future when you have to rush deadlines or deal with pressing issues can lead to high levels of stress. What is the Judgment Trap?According to Steven Mintz, professor emeritus of accounting at the California Polytechnic State University, cognitive traps and prejudices that can adversely affect professional judgment usually occur for three reasons: groupthink, judgmental impulses, and event triggers.
To learn more about judgment traps and tendencies visit:
https://brainly.com/question/13334923
#SPJ4
The pricing strategy used to set prices of the products that are must be used with the main product is called
optional product pricing
product line pricing
competitive pricing
captive product pricing
The pricing strategy used to set prices of the products that are must be used with the main product is called optional product pricing.
The correct option is a.
The practise of selling one core product at a lower price and then offering extras for that product at a higher price is known as optional feature pricing, sometimes known as optional product pricing. When customers buy the accessories that go with the core product, businesses could make more money.
Pricing strategy is a method used to determine the price of a certain good or service by taking into account a number of variables, including resource consumption, market circumstances, consumer ability, demand and supply, necessity for the product (such as frequent usage or occasional use), etc.
The pricing strategy used to set prices of the products that are must be used with the main product is called
a. optional product pricing
b. product line pricing
c. competitive pricing
d. captive product pricing
To learn more about product pricing, refer
https://brainly.com/question/28942299
#SPJ4
heather belongs to an informal group at work that meets twice a month to discuss common issues and problems in the workplace. recently, this group has been focusing on ways to improve safety in the workplace. this group is an example of
Heather belongs to an informal group at work that meets twice a month to discuss common issues and problems in the workplace. recently, this group has been focusing on ways to improve safety in the workplace. this group is an example of a quality circle.
A workplace or area of employment is a vicinity where people perform responsibilities, jobs and tasks for his or her organization. styles of workplaces vary across industries and may be inner a building or outside. places of work can be cellular, and a few humans may match in special places on diverse days.
Your place of job is the region in which you are hired and where you visit paintings every day. The office where you go to work every day to do your activity is an example of your place of business.
Learn more about workplace here:https://brainly.com/question/26271202
#SPJ4
management tries to maintain consistent, regular dividend distributions to encourage any dividend cuts in the future and prevent a negative signaling effect. true false
The answer is true. Effective listeners improve their communication abilities as managers. They allow other people to speak. They clearly understand the organization's vision and communicate it to their staff in a way that motivates them.
They inform their colleagues on developments inside the company. Manages staff, plans, and evaluates departmental activities to meet departmental goals. maintains staff by bringing in, choosing, onboarding, and training new hires. makes sure that the workplace is safe, secure, and lawful. develops communication for personal development. To realise the company's overarching vision, managers plan, direct, and control resources. By establishing goals that are specific, managers may encourage their team members to succeed and offer growth-oriented coaching.
To learn more about communication, click here.
https://brainly.com/question/22558440
#SPJ4
the managers now face the financing decision. the project has initial costs of $2,000,000, which must be raised by issuing financial securities. they can raise the entire amount by selling 40,000 shares of stock at $50 per share. they can raise $800,000 via bonds, and the remaining $1,200,000 by selling 24,000 shares of stock. the bonds would require annual interest payments of $80,000. what is the eps of the preferred capital structure?
The earnings per share of the preferred capital structure is $16.67.
What is Earnings per share?Earnings per share is the monetary value of a company's earnings per outstanding share of common stock. It is an important indicator of corporate profitability and is commonly used to price stocks.
Given Expected Net Operating Income (NOI) = $4,80,000
Net Income attributable to share holders = Expected Net Operating Income (NOI) = $4,80,000
Outstanding shares = 40,000 shares
EPS = Net Income attributable to share holders/ Outstanding shares
= 4,80,000/40,000
= $12 per share
Calculation of EPS if 24,000 shares and $ 8,00,000 bonds are issued:
Given Expected Net Operating Income (NOI) = $4,80,000
Outstanding shares = 24,000 shares
Annual Interest on bonds = $80,000
Net Income attributable to share holders = Expected Net Operating Income (NOI) - Annual Interest on Bonds
= 480,000 - 80,000
= $400,000
EPS = Net Income attributable to share holders/ Outstanding shares
= 4,00,000/24,000
= $16.67 per share
Learn more about EPS on:
https://brainly.com/question/25788016
#SPJ1
Complete question
Natural Bodyworks has decided to produce the Ab Stretcher and forecasts sales of 4,000 units, with an expected NOI of $480,000
the managers now face the financing decision. the project has initial costs of $2,000,000, which must be raised by issuing financial securities. they can raise the entire amount by selling 40,000 shares of stock at $50 per share. they can raise $800,000 via bonds, and the remaining $1,200,000 by selling 24,000 shares of stock. the bonds would require annual interest payments of $80,000. what is the eps of the preferred capital structure?
union negotiations begin with the delivery of ""demands"" by the union. what goes on behind closed doors during the real negotiations?
Bargainers seek to harmonize the lowest management offer with the highest union demand goes on behind closed doors during the real negotiations.
The desire of a consumer to purchase a specific good or service is referred to as demand. Market demand is the market's demand for a specific good. The total demand for goods and services in the economy is referred to as negotiations demand. The price of a good or service is determined by the match of demand and supply. Demand is the consumer's desire and willingness to purchase a product or service at a specific time or over time.
To learn more about negotiations, click here.
https://brainly.com/question/28461798
#SPJ4
the approach to solving the depression that occurred in this example would have no uncertainty regarding the attainment of the short term benefits and would have no risk regarding the possibility of longer run costs.
Monetarist is the approach to solving the depression. One tool that governments can use to influence the health of the economy as a whole is monetary policy.
What is Monetarist theory?A monetarist is an economist who firmly believes that the availability of money, including physical money, deposits, and credit, is the main influence on demand in an economy. Consequently, changes in the money supply can control the economy's performance, including its growth or contraction.
This concept is primarily motivated by the negative effects of inflation on the development or health of an economy, as well as the notion that inflation can be reduced by regulating the money supply. The money supply in the economy should be controlled, according to monetarists, and the rest of the market should be allowed to correct itself.
To know more about Monetarist, visit:
https://brainly.com/question/29618278
#SPJ1
shasta corporation sold a piece of land to bill for $45,000. shasta bought the land two years ago for $30,600. what gain or loss does shasta realize on the transaction?
Gain or loss does shasta realize on the transaction $14,400
Amt realized - adjusted basis = gain(loss) realized
45,000 - 30,600 = 14,400
A monetary transaction is an agreement, or conversation, among a buyer and vendor to alternate items, offerings, or assets for price. Any transaction entails a trade inside the repute of the finances of two or greater companies or people.
A transaction is a finished settlement among a consumer and a vendor to change items, offerings, or economic property in return for money. The term is also usually utilized in company accounting.
Learn more about transaction here:https://brainly.com/question/1016861
#SPJ4
if a company manufactures in the united states and only wants to sell products in the us, then which three resources can the firm sell to directly? (check all that apply)
If a company manufactures in the united states and only wants to sell products in the us, then the three resources the firm can sell to directly is:
WholesalerRetailer ConsumerWho is a wholesaler, retailer and consumer?A wholesaler can be defined as the person that buy product directly from the manufacturer or producer and then sell the product to retailers.
A retailer can be defined as the person that buy goods directly from the wholesaler and then sell the goods to end user or final user.
A consumer are the final user and they buy directly from the retailer.
A company that produce goods in the United States and want to sell to the goods in the united states rather than exporting them will have to sell the product directly to the wholesaler, retailer and the consumer.
Therefore the correct option is A,B,C.
Learn more about wholesaler here:https://brainly.com/question/19165098
#SPJ1
The complete question is:
If a company manufactures in the united states and only wants to sell products in the us, then the three resources the firm can sell to directly? (check all that apply)
Wholesaler
Retailer
Consumer
which of the below is the best description of the effect of portfolio diversification? select one: a. both risk and expected return are rising at the same time. b. risk is reduced without necessarily reducing the expected return. c. risk is increased while holding the expected return roughly constant. d. risk is reduced at the same time as expected return is reduced.
Answer: The answer is C
Explanation: Risk is increased while holding the expected return roughly constant
Hope this was helpful
Purchasing uses information from the _____ to place purchase orders for raw materials with qualified suppliers.
Answer:
im pretty sure its bank
Explanation:
Answer:materials requirement plan
Explanation:
a department store has budgeted sales of 12,700 men's coats in september. management wants to have 6,700 coats in inventory at the end of the month to prepare for the winter season. beginning inventory for september is expected to be 4,700 coats. what is the dollar amount of the coat purchases if each coat has a cost of $82?
In order to have 6,000 suits in final Inventory the department store must make a Purchase of 14,000 suits. Final Inventory = Beginning inventory + Purchases - Sales If each suit costs $ 75 then the total purchase will be 14,000 * $75 = $1,050,000.
How does inventory work?Inventory is the term used to describe all the products, materials, goods, and merchandise that a company has on hand and plans to sell to customers for a profit. The only item that will be regarded as inventory is the newspaper if the vendor delivers newspapers to customers using a vehicle. The car will be handled like an asset.
What does workplace inventory entail?Inventory is the merchandise or supplies that a company plans to resell to clients for a profit. Inventory management is the process of tracking inventory from producers to warehouses and from these locations to a point of sale. It is a crucial component of the supply chain.
To know more about Inventory visit:
https://brainly.com/question/14184995
#SPJ4
Which of the following statements are correct? O Perfect competition guarantees that all market participants have equal access to all goods and services produced by an economy. O Perfect competition guarantees equality of well-being among a country's citizens. O Perfect competition guarantees that prices charged for goods exactly reflect the marginal cost of producing them.
The correct statement on perfect competition is that C. Perfect competition guarantees that prices charged for goods exactly reflect the marginal cost of producing them.
What is a perfect competition ?A perfect competition is a type of market where individuals are free to engage in supply and free enterprise. As a result, there are many sellers in such a market such that the price of goods and services are set by the market.
The market sets the price such that the prices on goods and services are based on the marginal cost of producing them because the profit is maximized at the point where marginal revenue equals marginal cost.
Find out more on perfect competition at https://brainly.com/question/8753703
#SPJ1
a stock market comprises 2100 shares of stock a and 2100 shares of stock b. the share prices for stocks a and b are $25 and $15, respectively. what proportion of the market portfolio is comprised of each stock?
Market portfolio: 84000
Stock A 52500 {2100*25}
Stock B 31500 {2100*15}
Total 84000
The proportion of each stock :
Stock A 62.5% (52500/84000)
Stock B 37.5% (31500/84000)
A market portfolio is a theoretical bundle of investments containing all types of assets available in the investment universe, with each asset weighted proportionally to its overall market presence. The expected return of the market portfolio is the same as the expected return of the market as a whole.
Market portfolio, we only need to know the expected rate of return, standard deviation, and base interest rate for all individual stocks. However, a market portfolio does not depend on an investor's personal preferences or individual risk aversion.
Learn more about the market portfolio here:
https://brainly.com/question/15208535
#SPJ4
a high-end a/v accessories store is ready to begin their latest ad campaign. what do they need to do to make sure that campaign manager 360 serves their creatives to a leading a/v review website
It is necessary for the accessory list to check the ad settings to ensure that, according to Campaign Manager 360, it is optimized for viewing on mobile phones.
What does an effective advertising campaign look like?It is the one whose communication is aligned with the target audience, that is, marketing professionals must establish ways to engage and attract the public, generating value and desire to consume a certain product or service.
Therefore, advertising ads must be served on the appropriate channel, where potential consumers most access, with settings and characteristics aligned with the channel, location and consumer needs.
Find out more about advertising on:
https://brainly.com/question/1658517
#SPJ1
the use of two or more sales promotion techniques in combination with one another is called a(n) .
The use of two or more sales promotion techniques in combination with one another is called an overlay program.
What is Sales Promotion?Sales promotion is one element of the promotional mix. The majority of the promotional mix is made up of advertising, personal selling, direct marketing, and publicity/public relations.
A business will employ a temporary campaign or offer as part of a sales promotion to increase interest in or demand for its good or service. There are several reasons why a business would choose to use a sales promotion (or "promo"), but the primary one is to boost sales.
Learn more about sales promotion here: https://brainly.com/question/1312782
#SPJ1
preferred stockholders usually have preference over common stockholders with respect to which items?
When it comes to dividends, preferred shareholders have preference over common stockholders. Dividends can be paid monthly or quarterly and often yield more than common stock.
As dividend payments to preferred shareholders must be made first, preferred stock receives a fixed payout. Common stock often participates in price appreciation (or depreciation) to a greater extent than preferred stock.
Different terms or conditions apply to the two categories of equity. Common stockholders have the right to vote, whereas preferred stockholders often do not. Shares of preferred stock can be converted into common stock, but vice versa is not possible.
Preferred stockholders typically do not have voting rights, in contrast to common stockholders, who have more rights.
To know more about Preferred stockholders refer here:
https://brainly.com/question/3602465#
#SPJ4
a particular security's default risk premium is 3 percent. for all securities, the inflation risk premium is 2 percent and the real interest rate is 2.25 percent. the security's liquidity risk premium is 0.75 percent and maturity risk premium is 0.90 percent. the security has no special covenants. what is the security's equilibrium rate of return?
Here, security's equilibrium rate of return:
= Real interest rate + inflation risk premium + default risk premium + liquidity risk premium + maturity risk premium
= 2.25% + 2% + 3% + 0.75% + 0.90%
= 8.90%
What is equilibrium rate of return?
Equilibrium on the asset market occurs when supply and demand are equal. Economic theory proposes two equal requirements for the equilibrium of the asset market: Return percentage The rate of return is equivalent to the interest rate on the market; Actual Value The present value of the existing and upcoming payments is the same as the asset's price.
Learn more about equilibrium here:
https://brainly.com/question/28527601
#SPJ4
if the bank of springfield has lent out all the money it can given its level of deposits, then what is the reserve requirement?
If the bank of springfield has lent out all the money it can given its deposits, then, its required reserve is 8%.
What is a required reserve?Also known as bank reserves or excess reserves, refers to the minimum cash the bank can keep on hand. The excess reserve means any cash over the required minimum that the bank is holding in its vault rather than lending out to businesses and consumers.
Required reserve:
= $19,200 / $240,000
= 0.08
= 8%
Read more about Required reserve
brainly.com/question/13758092
#SPJ1
your enterprise's employees prefer a kinesthetic learning style for increasing their security awareness. how should you train them?
Give employees hands-on experience with varied security limitations is the way enterprise's employees prefer a kinesthetic learning style for increasing their security awareness.
Explain the kinesthetic learning style.A kinesthetic-tactile learning method necessitates manipulating or touching things to learn. Kinesthetic-tactile approaches are employed in conjunction with visual and/or auditory study techniques to produce multi-sensory learning. Kinesthetic learning occurs when we have a hands-on experience. A kinesthetic learning experience occurs when a child learns to utilise a swing or ride a bike. They can read or listen to instructions, but true learning occurs through the process of doing. They recall what has been done rather than what has been seen or discussed. They seek direct involvement in what they are learning. They are easily distracted and find it difficult to concentrate on aural stimuli.
To know more about kinesthetic learning style visit:
brainly.com/question/21790010
#SPJ4
crest is one firm of many in the market for toothpaste, which is in long-run equilibrium. indicate which of the following graphs accurately reflects crest demand curve, marginal-revenue (mr) curve, average-total-cost (atc) curve, and marginal-cost (mc) curve.
Indicate which of the labeled areas represents consumer surplus derived from the purchase of Sparkle toothpaste or deadweight loss relative to the efficient level of output.
If the price is reduced and P < ATC, Sparkle will be forced to close with a negative profit, and Sparkle's customers will not earn any consumer surplus. If the current real GDP is below full employment, the economy is in recession. An economy is booming if its current real GDP exceeds output at full employment.
The market is in long-term equilibrium when prices perfectly match production costs and the economy is at its full potential. In the long-run equilibrium, the unemployment rate drops to its natural state. When this happens, the economy is using all its resources and the actual GDP equals the potential GDP.
Learn more about Equilibrium here:- https://brainly.com/question/517289
#SPJ4
the process buyers use to make decisions includes five stages: , information search, evaluation of available options, , and post-purchase behavior.
The consumer decision-making process involves five basic steps. This is the process by which consumers evaluate making a purchasing decision. The 5 steps are problem recognition, information search, alternatives evaluation, purchase decision and post-purchase evaluation.
While purchasing a product, customers follow a set of steps in order. An individual's decision-making process when making a purchase is known as their buying process. Recognizing needs and wants is part of a typical consumer purchase. Information research and a consideration of all available options come next. The purchase finally takes place, and then comes the post-purchase analysis.
Learn more about purchasing decision here:
https://brainly.com/question/15071491
#SPJ4
What is the very least amount of interest you could be charged, if you are charged at all?
Answer:
Most work in a manner that as you process more in the month and cover the minimum amount, the less you pay until you cover the full cost. For example, if your monthly minimum is $10.
n which dimension of csr responsibility would you classify the issue of recycling and non-wasteful packaging? consumer social and community involvements physical environment employee relations
In which dimension of csr responsibility would you classify the issue of recycling and non-wasteful packaging consumer.
So, from this perspective, sustainability and recycling are essential in your CSR coverage as they assist you enhance your environmental efforts. You body your self as an moral organization due to the fact you are actively placing policies and guidelines in region that lessen your carbon footprint and assist you minimise your waste.
The life cycle of plastics ought to be progressed via an included waste control system, lowering their environmental affects and following the hierarchy of waste control the use of the 4 R's: lessen, reuse, recycle, and recover.
Learn more about organization here:
https://brainly.com/question/5239700
#SPJ4
davy confesses that he is bored with his job and wants more of a challenge. which technique to job design can bryan utilize to provide davy with more stimulating work
Job enrichment is the technique to job design can bryan utilize to provide davy with more stimulating work.
A relationship between two parties that governs the performance of compensated labour services is known as an employment or job. One party, the employer, who may be a company, a not-for-profit organisation, a co-operative, or any other entity, pays the other, the employee, in accordance with the terms of a contract in exchange for doing the job that has been allocated to them.
Employees perform labor in exchange for pay, which may be made in the form of an hourly wage, piecework compensation, or an annual salary, depending on the nature of the work performed, the industry conditions in effect, and the negotiating strength of the parties.
To know more about Job here-
https://brainly.com/question/17205577
#SPJ4
Sonic Corporation has a 21% marginal tax rate and received $10,000 of dividends from Roller, Inc., a U.S. corporation in which Sonic owns less than 2% of the outstanding stock. Sonic's effective tax rate on the Roller dividend is:
a. 21%
b. 0%
c. 10.5%
d. None of the above
C. 10.5%. because of the 70% DRD, Sonic's taxable income includes only $3,000 of the $10,000 Roller dividend. The tax on $3,000 is $1,050, and $1,050/$10,000 equals a 10.5% effective tax rate.
The term “income” usually refers to the quantity of money, property, and other transfers of value acquired over a hard and fast time frame in change for services or products. there is no unmarried, wellknown definition: earnings is described according to the context wherein the concept is used.
Income is cash that an person or enterprise receives in trade for offering labor, generating an excellent or provider or investing capital. people usually earn income thru wages or profits, while organizations earn earnings from promoting goods or services above their cost of production.
Learn more about income here:brainly.com/question/25745683
#SPJ4
the firm will make the most profits if it produces the quantity of output at which question 15 options: a) marginal cost equals average cost. b) profit per unit is greatest. c) marginal revenue equals total revenue. d) marginal revenue equals marginal cost
When a firm's output reaches the point where its marginal revenue and marginal cost are equal, its profits are maximized. The correct response is option (d).
Define profit maximization.Businesses use the practice of profit maximizing to ensure that the highest levels of output and prices are realized in order to maximize their returns.The company adjusts important variables, such as sale price, production costs, and output levels, in order to reach its profit targets.
The additional money made by selling one more unit of output is known as marginal revenue. The marginal cost, also referred to as the cost of producing more, is the difference in overall cost that results from producing additional goods or services. Regardless of whether they are utilized for individual consumption or extra production, in the field of economics, output is referred to as the "amount of goods or services produced in a specific time period, by a firm, industry, or country."
To know more about profit maximization, visit:
https://brainly.com/question/17233964
#SPJ1