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Total revenue of a particular production firm which engages in production for short run is Rs. 200 million, total cost is Rs.240 million and total fixed cost is Rs. 40 million. In this situitation should this firm continue its production or not. Explain.
"Demand is the actual quantity that should be purchased"explain whether the above statement is true or false.
Total cost for producing the first unit is Rs. 240 while marginal cost is Rs. 90. What is the average fixed cost?
PED and PES with respect to a certain product is – 0.2 and 1.4 if the government impose a unit tax of Rs. 80 what would be the increase amount of price?
Format for recording transaction into two column cashbook in accounting
a. Explain five reasons why we study accounting
b. Discuss five characteristics of the use of accounting information
c. Outline five stages in bank reconciliation
d. Outline five errors affecting the balancing of a trial balancing and five ways in correcting the errors
e. Definition of accounting
suppose that there is an increase in the foreign interest rate. use the IS and LM curves to show what will happen in the domestic economy when there is perfect capital mobility and pegged exchange rate
Explain the realist point of views on the actions taken by World Trade Organization in regulating and maintaining the Genetically Modified Foods and Organisms (GMOs).
what role did the international monetary fund play in resolving the Asian financial crisis in 1997-1998?
From the following receipts and issues of material during the month of January, 2007, prepare
stores ledger account according to FIFO Method, LIFO Method, WAM. Find out the value of
closing stock and Cost of goods sold for the month of January,2007.
1 st January ,2007, Received 250 units @ Rs 10 per unit.
5 th January, 2007 , Received 250 units @ Rs 11 per unit
8 th January, 2007, Issued 300 units
10 th January ,2007 Received 400 units @ Rs 12 per unit.
13 January ,2007, Issued 250 units.
20 January, 2007 Received 100 units @ Rs 11 per unit.
28 January , 2007 Issued 400 units.
On 1 St January ,2007 stock in hand was 200 units valued @ Rs 9 per unit.
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