Vaughn realty corporation purchased a tract of unimproved land for $104,500. this land was improved and subdivided into building lots at an additional cost of $65,474. these building lots were all of the same size but owing to differences in location were offered for sale at different prices as follows. group no. of lots price per lot 1 9 $5,700 2 15 7,600 3 17 4,560 operating expenses for the year allocated to this project total $34,580. lots unsold at the year-end were as follows. group 1 5 lots group 2 7 lots group 3 2 lots at the end of the fiscal year vaughn realty corporation instructs you to arrive at the net income realized on this operation to date. (round ratios for computational purposes to 4 decimal places, e. g. 78.7234% and final answer to 0 decimal places, e. g. 5,845.)

Which of the following statements regarding the learning curve and economies of scale is accurate? answers: just as diseconomies of scale are presumed to exist if a firm gets too large, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows. where diseconomies of scale are presumed to exist if a firm gets too large, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows. where diseconomies of scale are presumed to exist if a firm gets too small, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows. just as diseconomies of scale are presumed to exist if a firm gets too small, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.

Which of the following statements about the relationship between economic costs and accounting costs is true? multiple choice accounting costs are equal to or greater than economic costs. accounting costs must always equal economic costs. accounting costs are always greater than economic costs. accounting costs are always less than or equal to economic costs.

Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince