Revenue minus total costs are equal to the TCM.
Group of answer choices
True
False
Revenue - Variable expense = Total contribution margin (TCM)
Revenue - Total cost = Net operating income.
The given statement "Revenue minus total costs are equal to the TCM" is False
False
2nd option
Revenue minus total costs are equal to the TCM. Group of answer choices True False
Aggregate Demand is always equal to Gross Domestic Product Group of answer choices True False Which of the following is NOT true about GDP as an indicator of how well or how poorly the economy is performing. Group of answer choices GDP is not a good indicator because the U.S. is a "24/7" economy, while other economies value time off GDP is not a good indicator because it can be undervalued GDP is not a good indicator because it takes...
The contribution margin is equal to sales price per unit minus total costs per unit True False
Which of the following statements is true? Group of answer choices b and d. Total revenue is maximized when elasticity is one. Goods are said to be price inelastic when the elasticity is greater than two. Demand for milk is more elastic than demand for football tickets. Demand for 5-cent candy is more elastic than demand for sweaters.
Ventilation is prescribed in ASHRAE 62 Group of answer choices True False
NPV can be negative if the IRR is positive. Group of answer choices True False
Angel investors are usually public investors. Group of answer choices True False
HTML images are defined with the< image> tag. Group of answer choices True False
The lower the price, the lower the producer surplus, all else equal. Group of answer choices True False
part 1) Heat transfers from cold surface to hot surface Group of answer choices True False 2) Light are a type of internal load Group of answer choices True False
Question 11 Economic profit equals total revenue minus total costs including explicit fixed costs, explicit variable costs, implicit fixed costs, and implicit variable costs. True False Question 12 4 pt If Economic profit equals zero, then the firm should shut down in the short run and go out of business in the long run. True e False The period of time long enough to allow a firm to vary all of its inputs, to adopt new technology, and to increase...