Ence sales, inc., a merchandising company, reported sales of 6,400 units in april at a selling price of $684 per unit. cost of goods sold, which is a variable cost, was $455 per unit. variable selling expenses were $30 per unit and variable administrative expenses were $40 per unit. the total fixed selling expenses were $156,800 and the total administrative expenses were $260,400. the gross margin for april was: $1,465,600 $3,960,400 $1,017,600 $600,400

Post test question number 9 for entering the job market

Aprice control is: question 1 options: a)a tax on the sale of a good that controls the market price.b)an upper limit on the quantity of some good that can be bought or sold.c)a legal restriction on how high or low a price in a market may go.d)control of the price of a good by the firm that produces it.

Google started as one of many internet search engines, amazon started as an online book seller, and ebay began as a site where people could sell used personal items in auctions. these firms have grown to be so large and dominant that they are facing antitrust scrutiny from competition regulators in the us and elsewhere. did these online giants grow by fairly beating competition, or did they use unfair advantages? are there any clouds on the horizon for these firms -- could they face diseconomies of scale or diseconomies of scope as they continue to grow? if so, what factors may limit their continued growth?