what will be the effect of a technological development that reduces marginal costs in a perfectly competitive market on short-run price and quantity?

Answers

Answer 1

The market supply curve will shift to the right causing market price to fall and output to rise. Profit for each firm will be zero bc the price will decline sufficienctly so that each firm earns zero profit.

In economics, demand is the quantity of a very good that customers are willing and able to purchase at various costs all through a given time. the connection among fee and quantity demand is also referred to as the demand curve.

demand is the purchaser's preference to buy a selected proper or service. market call for is the call for for a particular precise inside the market. mixture call for is the overall demand for items and services in the financial system. demand and supply match determines the charge of the best or carrier. information the concept of call for.

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Related Questions

Let's say you make that extra $27,000 for actually graduating from a four-year college for twenty years. In 20 years, how much money have you gained by spending those four years in college ?

Answers

Answer:

$540,000

Explanation:

The extra amount made per year is $27,000

In 20 years, the total gain would be

=$27,000 x 20

=$540,000

Why is the interest rate one of the biggest factors when calculating the financial charges on credit cards?

Answers

In a loan, the interest rate is considered as the biggest factors in calculating finance charges because the interest rate adds a percentage of money not already spent to pay towards the credit cards if not paid in full each month.

What is an interest rate in loan?

The term "interest rate" is a rate that tells you how high the cost of borrowing is or high the rewards are for saving. As a borrower, an interest rate is the amount you are charged for borrowing money which is shown as a percentage of the total amount of the loan.

In a loan, the finance charge means the total cost of borrowing money which includes the interest paid and any service fees by the lender which is why the interest rate is a big factor in calculating finance charges of credit cards.

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On December 28, Kerr Manufacturing Co. purchased goods costing $50,000. The terms were F.0.B. destination. Some of the costs incurred in connection with the sale and delivery of the goods were as follows.

Packaging for shipment $1,000
Shipping 4,500
Special handling charges 2,000

These goods were received on December 31. In Kerr's December 31 balance sheet, what amount of cost for these goods should be included in inventory?

Answers

Answer: $50,000


Explanation: This is why I believe the answer is $50,000
- When the shipping terms are FOB
destination, the seller has the responsibility of all costs of
transporting the goods to the buyer.
Therefore, the seller is responsible for the
payment of packaging costs ($1,000),
shipping costs ($4,500), and the special
handling charges ($2,000). The only
amount to be included as the buyer's cost
of the inventory purchased is the purchase
price ($50,000).

write short notes by Napier bone ​

Answers

Answer:

Napier's bones is a manually-operated calculating device created by John Napier of Merchiston, Scotland for the calculation of products and quotients of numbers. The method was based on lattice multiplication, and also called 'rabdology', a word invented by Napier. Napier published his version in 1617.

1 , what are the agent of socialization

Answers

Answer:

Agents of socialization, or institutions that can impress social norms upon an individual, include the family, religion, peer groups, economic systems, legal systems, penal systems, language, and the media.

Explanation:

under the equity method, the investor's income statement will include what amount of the investee's income or loss for the period?

Answers

When a company owns 20–50% or more of another company, the equity method is used to value that investment.

How can a shareholder monitor the returns on the investment it made using the equity method in a shareholder?

On the income statement, the investor notes their share of the investee's profits as revenue from investment. By way of illustration, if a corporation owns 25% of a company with a $250,000 investment and a $1 million net income, it will use the equity method to record profits on its $250,000 investment.

The equity method is utilized to appraise an ownership position if a company controls 20–50% or more of the investee's stock. According to their ownership interest, the investing company must use the equity method to account for the investee's gains or losses.

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Normally, mortgage brokers have nothing to lose by encouraging you to get a bigger loan than you may be able to afford.

True
False =

Answers

The answer is true because

A computer chip sold to Dell is an example of:
A. a final good.
B. an intermediate good.
C. a service.
D. an inferior good.

Answers

An illustration of an intermediate good is a computer chip that was sold to Dell.

What does the word "intermediary goods" mean?

Those products that businesses utilize to produce goods or services were referred to as intermediate goods. As producer products, these items are also known. Thus, the production of final or consumer goods requires the utilization of intermediate goods.

What are intermediate products as opposed to final goods?

Final goods are products that don't require any more processing. Consumer goods are another name for these goods, which are produced with the aim of being directly consumed by the end user. Intermediary goods are any products that companies use to create completed goods or services.

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what are 3 examples of nonprice factors you have experienced as a consumer?

Answers

The three examples are Taste, Brand Loyalty and Fashion. The nonprice factors are the three given above.

Who is a consumer?

A consumer is a person who purchases and consumes the product or service that is offered and served by the business. A business offers a product or service and the consumer analyzes the aspects of that specific product or service and then pays the price for that specific product or service and then consumes it.

The customer is King is a well known saying and is always considered when a product is presented in the market. The consumer choice can be based on different factors and it includes nonprice factors too which includes taste of the consumer, Brand image and loyalty and Fashion prevailing in the market. Price factors are those which are related to price.

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Answer:

The three examples are Taste, Brand Loyalty and Fashion. The nonprice factors are the three given above.

Who is a consumer?

A consumer is a person who purchases and consumes the product or service that is offered and served by the business. A business offers a product or service and the consumer analyzes the aspects of that specific product or service and then pays the price for that specific product or service and then consumes it.

The customer is King is a well known saying and is always considered when a product is presented in the market. The consumer choice can be based on different factors and it includes nonprice factors too which includes taste of the consumer, Brand image and loyalty and Fashion prevailing in the market. Price factors are those which are related to price.

Explanation:

Reading market news by non-U.S-based publications will help:

Answers

Answer:

broadening the investor base and also allowing them to become better integrated into the local business scene.

Explanation:

When you're finished using your Go ogle account, what should you do to help keep your information secure?

A. Reset your password.
B. Create a new username.
C. Send an e-mail.
D. Sign out.

Answers

Answer:

this is a very st upid question but i would say its D

Explanation:

A does make sense somehow but i dont think you would reset your password everytime you using go ogle

i dont know why B should help at all

C makes no sense at all

When you're finished using your Go-ogle account, you should always sign out to keep your information secure. Thus, option 'D' is the correct option.

How to keep your Go-ogle account safe?

Go-ogle uses the strictest security measures to protect your personal data. The Advanced Protection Program protects individuals with sensitive information and high visibility from deliberate online assaults. Chrome's Safe Browsing shields 4 billion devices from dangerous websites, while Advanced Protection does even more thorough checks before each download. It alerts you to potentially hazardous files and may even stop you from downloading them.

Installations of apps are only permitted from trusted shops, such as the app store run by the company that makes your device. You are frequently prompted to grant access to your Go=ogle Account data, such as your contacts, location, or Drive, when you join up for new apps or services. Go=ogle Accounts have built-in security features that verify more than 1 billion stored passwords daily for breaches.

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3) What is the present value of $1000, received at the end of 4 years of investment, with a discount rate of 4%?

3) What is the present value of $1000, received at the end of 4 years of investment, with a discount

Answers

Answer:

$854.81

Explanation:

The formula for calculating the present value is as below

PV = FV/( 1 + r)^n

Where Fv =1000

r = 4% or 0.04

n= 6

PV = $1000/ (1 + 4/100)^4

PV=$1000/(1 + 0.04)^4

PV=$1000/1.16985

PV =$854.81

.

Answer:

3629.9

Explanation:

I just did the test and thats what it told me the correct answer was.

taza is a retailer by virtue of its: a.providing its products to agents. b.providing its products to suppliers. c.providing its products to wholesalers. d.providing its products online.

Answers

Taza is a retailer by virtue of its providing its products online. The correct answer in D.

As an online retailer, Taza is able to directly sell their products to customers without the need for intermediaries such as agents, suppliers, or wholesalers. This means that Taza has control over their product offerings, pricing, and marketing strategies.

By providing their products online, Taza is able to reach a wider audience and offer convenience to customers who prefer to shop from the comfort of their own home. Overall, Taza's online presence allows them to be a successful and competitive retailer in today's digital marketplace.

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Alright y'all, I made a cover for my powerpoint, for a school project, and it took me an embarrassingly long time to make. Please give me some feedback on it. What do you like and what don't you?(There's no wrong answer, but please give a relevant one because I really want to know what y'all think.)​

Answers

Answer:

I saw the pic. I think it looks great :)

Explanation:

Also it doesn't matter how long it took, I bet it feels good knowing you made that yourself.

Primetime Incorporated is a retailer of sporting gear. It sells 500 pairs of a specific Nike sneaker each day. Nike, the supplier, takes a week (7 days) to deliver the order. For what quantity should the inventory manager place his/her next order?​

Answers

Answer:

3500 units

Explanation:

The quantity at which the Primetime inventory manager places his/her next order is the reorder point.

The reorder point is the minimum quantity of inventory that a business should have in its store.

The reorder point is calculated using the formula below.

(Average daily unit sales x delivery lead time) + safety stock

For Primetime, safety stock is not mentioned

reorder point =500 units x 7 days

=3500 units

3. Give an example of a country with a large carbon footprint
per capita and explain why it is so large.

Answers

An example of a country with a large carbon footprint per capita is the United States. The carbon footprint per capita refers to the total amount of greenhouse gas emissions generated by each individual in a given country.

In the case of the United States, the carbon footprint per capita is significantly large due to several factors.

Firstly, the United States has a highly industrialized economy with numerous industries that produce large amounts of greenhouse gases. This includes sectors such as energy production, manufacturing, and agriculture. These industries are responsible for a considerable portion of the country's total emissions.

Secondly, the United States has a high level of car ownership and a transportation system heavily reliant on personal vehicles. This results in significant greenhouse gas emissions from transportation, as cars and trucks release carbon dioxide and other pollutants into the atmosphere.

Additionally, the United States has a large number of domestic flights, contributing further to its transportation-related emissions.

Lastly, the country's consumption patterns also contribute to its large carbon footprint per capita. Americans tend to consume more goods and services than people in other countries, resulting in more emissions associated with the production, transportation, and disposal of these goods.

In conclusion, the United States has a large carbon footprint per capita due to factors such as its industrialized economy, reliance on personal vehicles for transportation, and high levels of consumption.

Efforts to reduce this footprint include promoting cleaner energy sources, increasing energy efficiency, and encouraging more sustainable consumption patterns.

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How does one's behavior affect business? Give at least two examples.

Answers

Aggressive workplace conduct puts workers at risk, hinders efficiency and damages the reputation of the organization. Even if violence is not overt, it ultimately erodes trust and morale and could lead to actions that are progressively worse.

A General Ledger uses transactions
from
to get its
information.
A. Receipts
B. A Balance Sheet
C. Journal Entries
D. Other Ledgers

Answers

A General Ledger uses Option C. Journal Entries to get its information.

Journal entries are the primary inputs of financial transactions in accounting systems. They record transactions in the chronological order in which they occur. These entries provide an audit trail that can be used to trace the financial transactions of an organization back to its source. The general ledger (GL) is the principal accounting ledger in which transactions are recorded for the purpose of producing financial statements.

A GL is a financial statement that contains all the accounts for an entity's assets, liabilities, equity, revenue, and expenses. The balances in these accounts form the basis for the entity's financial statements. The general ledger serves as the foundation for recording financial transactions. It summarizes all the financial transactions of an organization and provides a centralized view of the organization's financial position.

The general ledger is populated with transaction data from a variety of sources, including journal entries, subsidiary ledgers, bank statements, and other financial records. These records provide the data needed to create financial statements, such as income statements, balance sheets, and cash flow statements.

In conclusion, journal entries are the primary source of information for the general ledger, which is used to produce financial statements. The general ledger is the foundation of the accounting system, and it provides a centralized view of an organization's financial position. Therefore, the correct option is C.

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Question 14 (2 points)
Which career cluster involves hands-on occupations and possibly working outside?
Investigative
Realistic
Enterprising
Conventional

Answers

Answer: Enterprising

Explanation: Hands-on jobs are occupation that requires little education, it relate to the practice of learning from experience on the job rather than reading and learning from books. The career cluster of hands-on occupation includes; technicians, plumbers, woodwork, hygiene and catering workers etc.

Enterprising is characterized by great imagination and initiative with energetic to carry out work . Enterprising best fit hands-on career cluster.

How do business intelligence tools present data from a data warehouse? business intelligence tools, when used along with a data warehouse, present reports in a user-friendly interface called a .

Answers

Business intelligence is the use of tools to facilitate access to information and enhance decision-making.

Dashboards are a user-friendly way for business intelligence tools to show results when combined with a data warehouse.

Data warehouse: What is it?

All the data that has to be studied is kept in a data warehouse so that the organisation may rapidly access it.

One of the stages of business intelligence is the data warehouse, which produces precise, aggregate data for BI to evaluate.

business intelligence tools integrate with many different sources, including your data warehouse. They then provide an easy way to query the data in order to analyze data for trends and insights. Then, they make it easy to visualize and share data using dashboards and reports.

A data analytics data warehouse stores historical and current data in a structured format optimized for complex querying. It is then connected to Business Intelligence tools to generate reports, including forecasts, trends, and other visualizations that fuel actionable insights.

Business Intelligence is the application of tools to improve the decision making and allows access to the information.

Business intelligence tools, when used along with a data warehouse, present reports in a user-friendly interface called as dashboards

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A competitive firm operating in the short run is producing at the output level at which ATC is at a minimum. If ATC = $8 and MR = $9, in order to maximize profits (or minimize losses), this firm should:


a) reduce output.

b) increase output.

c) shut down.

d) do nothing; the firm is already maximizing profits.
Why is the answer b? Wouldn't increasing output increase the atc which will reduce the profits since atc is at the minimum at the current output?

Answers

If ATC = $8 and MR = $9, in order to maximize profits (or minimize losses), this firm should b) increase output because the firm should produce where marginal revenue equals marginal cost (MR=MC).

In this case, the given MR of $9 is greater than the ATC of $8, indicating that the firm is earning a positive profit. However, if the firm were to increase output, its marginal cost (MC) would increase, eventually surpassing its marginal revenue (MR). Therefore, the firm should increase its output to maximize profits until the point where MC=MR.

It is true that increasing output may lead to an increase in average total cost (ATC), which may reduce profits. However, the marginal analysis is more important in determining the optimal level of output. As long as the firm is earning a positive profit (MR>ATC), it should continue to increase output until the point where MR=MC. Therefore, increasing output is the correct answer in this case.

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which of the following would provide a reimbursement of some premiums when a long-term care policy is canceled?
return of premium rider

Answers

Return of premium rider would provide a reimbursement of some premiums when a long-term care policy is canceled.

If the policyholder does not pass away within the specified term, a return of premium rider entitles the policyholder to a refund of the premiums paid. The net cost to the policyholder is virtually zeroed out as a result. Return of premium life insurance is another name for a policy that includes a return of premium clause.

Premiums paid for long-term care insurance are refunded. Return of Premium refers to a policy where, if no other insurance benefits are used, you receive your money returned in full or in part. Because you are promised a benefit either way, return of premium insurance cost more than normal policies.

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What is the main difference between a market and a command economy?

Answers

Answer:

Market economies utilize private ownership as the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production such as land, capital, and resources. Most nations operate largely as a command or market economy but all include aspects of the other.

what is one major disadvantage of corporations compared to other types of business organizations? A. Corporations have more legal liability for owners than other businesses B. Corporations are less likely to have specialized workers than other businesses C. corporations are more complex to start than other businesses D. corporations have a less stable life span than other businesses

Answers

Answer:

C. Corporations are more complex to start than other businesses

Explanation:

APE X got this right

One major disadvantage of corporations compared to other types of business organizations, corporations are more complex to start than other businesses. The correct option is C.

What is a corporation?

A corporation is a legal body that exists independently of its owners. Corporations have many of the same legal rights and obligations as individuals. They have the ability to enter into contracts, lend and borrow money, sue and be sued, hire personnel, own assets, and pay taxes.

Corporations are subject to double taxation and must go through several formalities in order to be formed. A corporation is required to submit a corporate tax return and pay taxes on its profits at the corporate tax rate. Dividends to shareholders are taxed at the shareholder's individual tax rate.

Therefore, corporations are more complex to start than other businesses.

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A factory is considered what type of resource?


land


labor


physical capital


human capital

Answers

A factory falls under the category of physical capital, representing tangible assets and infrastructure utilized in the production process. Option C.

Physical capital refers to the tangible assets that are used in the production process to create goods or services. These assets include machinery, equipment, buildings, vehicles, and infrastructure. They are essential resources that contribute to the production capacity and efficiency of a business or organization.

A factory is a prime example of physical capital as it represents a dedicated space or facility equipped with machinery, tools, and equipment designed for manufacturing or production activities. It provides the necessary infrastructure and resources for transforming raw materials into finished products.

Factories typically house specialized equipment and machinery specific to the industry or production process they serve. This physical capital enables businesses to carry out mass production, streamline operations, and achieve economies of scale.

Physical capital is an important factor of production alongside other resources such as land, labor, and human capital. It plays a crucial role in enhancing productivity, output, and overall economic growth.

Effective management and investment in physical capital can lead to improved efficiency, cost reduction, and technological advancements in production processes.

In summary, a factory is categorized as physical capital, representing the tangible assets and infrastructure used in the production process. So Option C is correct.

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which of these best describes a person who is a qualified expert that helps people and businesses meet their long term financial goals?

Answers

A financial planner is a personal advisor who helps clients manage their financial affairs and work towards their long-term financial goals.

Financial is defined as providing money or credit for something. An example of finance is a bank lending someone money to buy a house. It refers to the corpus of funds and credit used in business. Business funds are necessary for the purchase of assets, goods, and raw materials, and for conducting other economic activities. Strictly speaking, it is required to perform all business transactions.

Finance is also important to strengthen corporate finance, as it enables companies to take risks and grow. As the use of technology increases, people are becoming more and more dependent on money to reach their goals. Finance is important for empowerment because it enables businesses to take risks and grow.

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If a security becomes worthless in the current taxable year, it is treated as sold or exchanged on the:

Answers

Answer:

If a security becomes worthless in the current taxable year, it is treated as sold or exchanged on: The last day of the current taxable year.

You are willing to supply the most cookies at the _____ price, and consumers will demand the most cookies at the _____ price.

Answers

Answer:

The word should be "best"

Explanation:

It may not be, i cannot say for sure without a word bank but my guess is the word "best"

You are willing to supply the most cookies at the best price, and consumers will demand the most cookies at the best price.

Can u mark brainliest?

Usually you would mark the HIGHEST price and consumers would bargain so they will demand a LOWER price for the cookies.

Using an Internet-focused strategy, operations managers are outsourcing design, production, and shipping to other firms. This process is called a(n):

Answers

The process described above that involves internet-focused strategy is called an: inter-firm process.

Internet-focused strategy are mostly employed nowadays by most firms in conducting most of their operations that are outsourced. Operations such as design, shipping among others, cut across several firms.

This collaborative business partnership is a process that is based by trust can be referred to as interfirm process.

Therefore, the process described above that involves internet-focused strategy is called an: inter-firm process.

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ntrepreneurship and Small Businesses Jan22 Y2 $2 Backed by Y Combinator, group-buying startup GoBillion is following the path taken by Shanghai- based group buying app Pinduoduo. Operational in Guwahati at present, it encourages consumers to buy together and benefit from discounts. Which of the following businesses is least likely to be located next to raw materials? O A. Gobillion O B. Anglo American Platinum O C. Exxaro O D. The House of JC Le Roux

Answers

The House of JC Le Roux is the least likely business to be located next to raw materials. The question is asking which business is least likely to be located next to raw materials. The businesses listed are: Go Billion, Anglo American Platinum, Exxaro, and The House of JC Le Roux.

GoBillion is a group-buying startup that encourages consumers to buy together and benefit from discounts. There is no specific information provided about the proximity of raw materials to this business, so we cannot determine whether it is likely or unlikely to be located next to raw materials. Anglo American Platinum is a mining company, and mining operations are typically located close to the raw materials they extract.

Exxaro is also a mining company, and like Anglo American Platinum, it is likely located near raw materials. The House of JC Le Roux is a brand that specializes in sparkling wine production. Wine production does not require proximity to raw materials like mining does. The raw materials for wine production, such as grapes, are typically grown in specific regions and transported to the production facility.

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The list-style-type property changes the style of bullets points. which of these creates this style bullet: o _________security may also be referred to as Information Technology security. A playground merry-go-round has radius 2.70 m and moment of inertia 3000 kg/m^2 about a vertical axle through its center, and it turns with negligible friction. PART A : A child applies an 20.0 N force tangentially to the edge of the merry-go-round for 25.0 s . If the merry-go-round is initially at rest, what is its angular speed after this 25.0 s interval? w= PART B : How much work did the child do on the merry-go-round? W= PART C : What is the average power supplied by the child? P= PLS HELP!!! I WILL MARK THE FIRST GOOD ANSWERBRAINLIEST!!!Many members of Congress were angry about the new constitutions and laws passed during Presidential Reconstruction because these __________.a. offered too many rights and opportunities to former slaves.b. attempted to re-create the conditions of slaveryc. took land from plantation owners and gave it to former slavesd. limited the freedom of all citizens in the South While fatty acids are most often formed by the condensation of __-carbon units, isoprenoids are assembled from __-carbon units. Write equations to show whether the solubility of either of the following is affected by pH: (a) Fe(OH); What does the bcg matrix evaluate? business growth rates cost of goods sold economies of scale market share True/False: Epinephrine is released more quickly into the blood than is cortisol during stress because the adrenal medulla is innervated directly by neurons whereas the adrenal cortex receives signals from a hormonal cascade. A gangway 3.2m long rests on the edge of a Platform 1.3m above ground level, as shown. How far is the bottom of the gangway from the base of the platform? an investor buys 600 shares of a stock at a price of $18 per share. three years later the value of each stock increased by 40%. what is the total value of the shares of the stock in latin what is the first part of a noun vocabulary entry Compare the wavelength of an electron traveling at a speed of 1.0* 10^7m/s with that for a ball of mass 0.10kg traveling at 35m/s Directions: This Unit has explored cellular structures and functions, including types of cells, RNA and DNA, and cancer. Using the Text Editor, explain protein synthesis from how it starts in the nucleus until it is translated by the ribosomes, and how it relates to the genetic code. Be sure to use terms studied in the Unit in your explanation, including those like DNA, complementary bases, mRNA, tRNA, codons, anticodons, amino acids, etc.Review the steps outlined in The Writing Process as well as the Rubric located on the toolbar at the top of the page so you know what will be expected for a superior essay. What is 13,439 plus 26,948 2. Which of the following items would be the WORST conductor of electricity?A. A steel rodB. A copper wireC. An aluminum batD. A rubber band What is the value of the question mark in the picture below . When you order a sweater from an l.l.bean mail-order catalog, what type of marketing channel are you and the company using? An actuarial study finds that in a sample of 2000 18-year-old drivers, 124 are involved in an accident.cost of such an accident to the insurance company is $15 000. If the company wants to make a 20% profit on policies, what should they charge 18-year-old drivers? Beowulf has all the characteristics of the____genre. it is written in a____style and emphasizes the theme of heroism. the hero has several_____qualities. You are required to analyse a company's Corporate Governance Report and Sustainability report (Company: SINGAPORE AIRLINES - produce a Corporate Governance report and Sustainability report).1. INTRODUCTION - PURPOSE OF WRITING THIS REPORT2. SINGPAORE AIRLINES - Write some historical background of the chosen listed company by SGX and the current market share, turnover and company strength.3. Explain the term 'Corporate Governance" in your own words and its importance.4. Able to relate to the Corporate Governance initiatives by listed company in theoretical perspectives5. Outline their board structure/ risk committee/ executive compensation committee and audit committee (if possible, with diagrams)6. How the above committee (in part 5) had executed their roles:- During covid 19 pandemic crisis; and- Post covid era(Explore the relevant journals, annual reports of 2020 and 2021 or 2022)