Answer:
D. $5,000
Explanation:
This deadweight in a lot of cases are seen to occur especially when demand and supply are not in equilibrium and in and in the above scenario, it is pegged at $5000. Therefore sometimes consumers experience shortages, and producers earn but they'd otherwise.
Taxes are also seen in the creation of deadweight loss because they prevent people from engaging in purchases they'd otherwise make because the ultimate price of the merchandise is above the equilibrium value. If taxes on an item rise, the burden is commonly split between the producer and therefore the consumer, resulting in the producer receiving less cash in on the item and therefore the customer paying the next price.
Answer:
$80 per unit
Explanation:
Data provided in the question:
Per unit selling cost of the product = $150
Per unit variable cost of the product = $70
Total fixed cost per month = $1200
Now,
The unit contribution margin is calculated as:
unit contribution margin = Selling price per unit - Variable cost per unit
Thus,
unit contribution margin = $150 - $70
or
unit contribution margin = $80 per unit
Hence,
The correct answer is option $80 per unit
Answer:
because of the product and the correct one is the one of the product is not working properly
Answer: Debit Notes Receivable 7,800
Sales(to record sales) 7,800
Explanation:
When a customer signs a promissory note in exchange for commodity then the entry to record sales is recorded by debiting notes receivable.
here, sales = $7,800 = Debit Notes Receivable
The entry to record the sales transaction would be
Debit Notes Receivable 7,800
Sales(to record sales) 7,800
