Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 27, 2024

In perfect competition, additional sales will be profitable if? A. the fixed cost equals the contribution margin B. sales price exceeds the variable product cost

In perfect competition, additional sales will be profitable if?

A. the fixed cost equals the contribution margin

B. sales price exceeds the variable product cost

C. the marginal cost is less than marginal revenue

D. total variable cost is less than sales price

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Financial Accounting

Authors: Richard Lewis, David Pendrill

6th Edition

0273638335, 978-0273638339

More Books

Students also viewed these Accounting questions

Question

★★★★★

If interest is 10%, what is A? 40 40 30 30 20 20 10

Answered: 1 week ago

Question

★★★★★

Convert 0.060 ft 3 /s to gal/min.

Answered: 1 week ago

Question

★★★★★

6.61 Using Table 3 in Appendix I, calculate the area under the standard normal curve to the left of the following: a. z=1.2 c. z=1.46 b. z=-0.99 d. z=-0.42

Answered: 1 week ago

Question

★★★★★

The following is the pre closing trial balance for Allen University as of June 30, 2017. Additional information related to net assets and the statement of cash flows is also provided. Additional...

Answered: 1 week ago

Question

★★★★★

One spreadsheet assignment involved bond valuation. What is the Excel formula needed to calculate the desired value for spreadsheet cell E27? (Hint: Recall the PV format is: PV(rate, nper, pmt, [fvl,...

Answered: 1 week ago

Question

★★★★★

The new phones are really high-tech, but they are also very complicated to use," said Nadia, administrative manager for Baker Enterprises. "I will schedule several training workshops that the staff c

Answered: 1 week ago

Question

★★★★★

In determining performance incentives for a risky contract, what conditions would require a stronger incentive? Question 11 options: a) More risk averse employee b) Lower marginal cost of effort for...

Answered: 1 week ago

Question

★★★★★

I need the correct answer for the following quiz 2 questions for the course Behaviours in Organizations CORG 551 Question 1 (1 point) According to Blake and Mouton's Leadership Grid, what is a...

Answered: 1 week ago

Question

★★★★★

1. [-/10 Points] DETAILS Find the average value gave t of the function g on the given interval. g(t) = [3, 7] 7 + gave =

Answered: 1 week ago

Question

★★★★★

The in-control model for a certain quality characteristic (x bar.jpg ) is given by CL = 10, UCL = 10.15 and LCL = 9.85 with 3-sigma control limits and n = 16. Calculate the Upper Warning Limit (UWL),...

Answered: 1 week ago

Question

★★★★★

An Australian company has an existing 90-day 8.0% promissory note facility with a face value of AUD 1,400,000, which rolls over in 90 days. When it does roll-over (90 days later), the interest rate...

Answered: 1 week ago

Question

★★★★★

2. When is the job to be completed?

Answered: 1 week ago

Question

★★★★★

What is the purpose of the Standard Occupational Classification (SOC)?

Answered: 1 week ago

Question

★★★★★

What are the steps involved in the HR planning process?

Answered: 1 week ago

Previous Question Next Question