when a firm experiences constant returns to scale, a.long-run marginal cost is greater than long-run average total cost. b.long-run average total cost is unchanged, even when output increases. c.long-run marginal cost is less than long-run average total cost. d.the firm is experiencing coordination problems.
Answers
Option C is the correct answer. Long-run common total value (LRATC) is a business metric that represents the common price per unit of output over the long run, where all inputs are viewed to be variable and the scale of production is changeable.
What is the lengthy run in economics?The long run is a period of time in which all elements of production and expenses are variable. In the long run, corporations are able to regulate all costs, whereas in the brief run corporations are solely in a position to influence expenses via changes made to manufacturing levels.
Long run common fee (LAC) can be described as the average of the LTC curve or the price per unit of output in the long run. It can be calculated via the division of LTC by means of the quantity of output. Graphically, LAC can be derived from the Short run Average Cost (SAC) curves.
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state the law of demand
Answers
Answer:
In microeconomics, the law of demand is a fundamental principle which states that there is an inverse relationship between price and quantity demanded. .
Explanation:
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Assume the demand schedule for tuna is downward sloping. If the price of tuna falls from $4. 00 to $3. 00 per pound: the demand for tuna will fall. The demand for tuna will rise. A larger quantity of tuna will be demanded. A smaller quantity of tuna will be demanded
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If the price of tuna falls from $4.00 to $3.00 per pound, a larger quantity of tuna will be demanded. This is due to the inverse relationship between the price of a product and the quantity demanded, as per the law of demand in economics.
Assuming the demand schedule for tuna is downward sloping, if the price of tuna falls from $4.00 to $3.00 per pound, a larger quantity of tuna will be demanded. This is because, in general, consumers tend to buy more of a product as the price of the product decreases, all other factors remaining constant. This inverse relationship between the price of a product and the quantity demanded is known as the law of demand, which is a fundamental concept in economics. Thus, the decrease in the price of tuna would make it more affordable, resulting in an increase in the quantity demanded.
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Compare and contrast the features and benefits of a currently held credit card against a new credit card for which you are considering applying. Determine which of the two cards is better, according to your financial needs and goals, and tell why.
Answers
Answer:
ok
Explanation:
Currently held credit card can only do what ever you have left to do on it. for example whatever are the restrictions on your credit card and how much you can use for it and the interest. A new credit card can be better than the last one but can be harder to obtain if you have bad credit or just trying to get a lot of credit cards. which would also give you bad credit. The benefits would be you have the restrictions on the new card but you know you haven't made a single purchase on it yet so how much you can use it is more likely more than the previous card.
PLEASE HELP I NEED THIS ASAP, I WILL GIVE BRAINLEST
Answers
Answer:
actuary - An actuary is a business professional who deals with the measurement and management of risk and uncertainty. The name of the corresponding field is actuarial science. So the answer would be D.
bankteller - A bank teller is an employee of a bank whose responsibilities include the handling of customer cash and negotiable instruments. So the answer would be A.
IFM - Researching various stocks or funds that may be in the news for recent product developments, earnings statements. So the answer would be C.
Auditor - An auditor is a person authorized to review and verify the accuracy of financial records and ensure that companies comply with tax laws. So the answer would be B.
Explanation:
Is wanting to increase sales over the next year a good objective if (no/yes) write why
Answers
Answer:
Yes because some family's are not doing very good in money so they should be able to afford more items
But also no at the same time because if you have more sales more of your stuff will be out of stock.
Explanation:
Four people are applying for a job. This chart shows the company’s favorite characteristic of each of these job applicants:
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LaBouche Company had cash receipts from customers in 2017 of $142,000. Cash payments for operating expenses were $97,000. Kelly has determined that at January 1, unearned service revenues was $13,000, and prepaid expenses were $17,500. At December 31, unearned service revenues was $18,600, and prepaid expenses were $23,100. The service revenues on cash basis is:
Select one:
a. $155,000
b. $147,600
c. $142,000
d. $136,400
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At the end of the year, prepaid expenses were $23,100 and unearned service revenues were $18,600. The service's cash basis revenues total $136,400.
$142,000 plus $97,000, or $136,400, is the service revenue on a cash basis.
Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
A company's revenue is the money generated by its operations. Depending on the chosen accounting approach, there are several ways to compute revenue. Sales made using a credit card will be counted as revenue for products or services that were delivered to the customer. In accordance with some regulations, revenue is recorded even if payment has not yet been made.
To determine how effectively a business collects unpaid debt, it is important to review the cash flow statement. Contrarily, sales will only be recorded as revenue in cash accounting after money has actually changed hands. A "receipt" is money given to a business. An example of an activity that results in a receipt but no revenue is when a consumer prepays for a service or undeliverable products.
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if a prospect calls to rsvp for a meeting, a permission to contact form is not required for that meeting but would be required for a representative to place a follow-up call to a meeting attendee.
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'if a prospect calls to RSVP for a meeting, a permission to contact form is not required for that meeting but would be required for a representative to place a follow-up call to a meeting attendee.
This statement is True.
RSVP is an acronym derived from the French phrase Reponed sail Vous plait, which literally means 'reply if you want or simply 'please reply' to request confirmation of the invitation. The acronym "RSVP" is no longer used in France, where it is considered formal and outdated. If you look into etiquette books published in the early 1900s, you'll find many explanations that writing his RSVP on invitations is outdated.
Although a French acronym, RSVP is no longer widely used in France and is considered formal and very archaic. A preferred expression is response rouaite, usually followed by a date or method.
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A student will decide to attend class when
A. The Marginal Cost in low
B. The Marginal Benefit of attending exceeds the marginal cost of attending
C. There is an attendance policy
D. The Marginal Benefit is positive
Answers
A student will decide to attend class when there is an attendance policy. Thus, option (c) is correct.
What is policy?The term policy refers to are the rules are the described in the details are the mention. The policy are the making follow to the country and the employees of the company. The policy are the making the company of the solving the issues.
A student was the decided to regularly attend lectures or classes was the main motive to fulfill the attendance policy. The attendance was the necessary to appear in the exam. An attendance was the help to gain good marks in the exams. An attendance policy was the best policy.
As a result, the student will decide to attend class when there is an attendance policy. Therefore, option (c) is correct.
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Candace and Mike just inherited $25,000 from a relative and are really excited about investing it and watching it grow. However, they still have $10,000 worth of credit card debt to pay off. If you were to give them financial advice, what would it be?
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The financial advice I would give to Candace and Mike who had just inherited $25,000 and have a $10,000 debt to pay is:
Pay off the debt in installments and buy stocks.What is Financial Advice?This refers to the process of engaging in business which would involve the use of money and how to either make investments, or pay off debts.
With this in mind, we can see that Candace and Mike already have a $10,000 credit card debt and they have a $25,000 inheritance, they would have to pay the debt in installments and then buy stocks.
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Given the following information, prepare the mps using a fixed order quantity (foq) of 90 and calculate the projected available inventory balances. What is the projected available inventory balance at the end of period 3?
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The projected available inventory balance at the end of period 3 is 120 units.
To prepare the MPS (Master Production Schedule) using a fixed order quantity (FOQ) of 90, we need to first determine the net requirements and planned order releases for each period. The net requirements are the difference between the gross requirements and the projected available inventory balance from the previous period.
Assuming the following information: Period 1: Gross requirements = 150. Period 2: Gross requirements = 200. Period 3: Gross requirements = 100. Projected available inventory balance at the end of period 0 = 100
Using FOQ of 90, we can calculate the planned order releases as follows: Period 1: Planned order release = 180 (90*2) Projected available inventory balance at the end of period 1 = 130 (100+180-150)
Period 2: Planned order release = 210 (90*2+30)
Projected available inventory balance at the end of period 2 = 120 (130+210-200). Period 3: Planned order release = 90 (90*1). Projected available inventory balance at the end of period 3 = 120 (120+90-100)
There will be enough inventory to meet the demand for period 3, and the company can plan to order more inventory for the next period. Using FOQ helps to ensure that the company maintains a consistent inventory level and avoids stockouts or overstocking.
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Describe the difference between ethnocentric, polycentric, regiocentric, and geocentric management orientations
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Management orientations: Ethnocentric (home country focus), polycentric (local country focus), regiocentric (regional focus), and geocentric (global focus) approach to international business operations and management.
Ethnocentric, polycentric, regiocentric, and geocentric management orientations are different approaches to international business operations and management. Here's a brief description of each:
1. Ethnocentric: In an ethnocentric orientation, a company places emphasis on the values, practices, and interests of the home country. The company tends to centralize decision-making at the headquarters and may send expatriate managers from the home country to oversee operations in foreign subsidiaries. This approach assumes that the home country's practices are superior and can be applied universally.
2. Polycentric: A polycentric orientation involves giving autonomy and decision-making authority to local managers in foreign subsidiaries. This approach recognizes the cultural and business differences in each country and allows for local adaptation and responsiveness. The company may hire host country nationals to manage operations and adapt to local practices and preferences.
3. Regiocentric: A regiocentric orientation focuses on regional markets rather than individual countries. It involves grouping countries within a region based on similarities in culture, economic conditions, or other factors. This approach seeks to achieve efficiencies and coordination within the region while also recognizing the diversity and uniqueness of each country.
4. Geocentric: A geocentric orientation takes a global perspective and seeks to integrate the best practices and talents from around the world. This approach emphasizes a global mindset and treats the entire world as a single market. Companies with a geocentric orientation make decisions based on what is best for the organization as a whole, regardless of national boundaries. They may have a mix of expatriate and local managers, with an emphasis on developing a global talent pool.
Each management orientation has its advantages and disadvantages depending on the specific circumstances and goals of the company. The choice of orientation will depend on factors such as the company's international strategy, the nature of the industry, cultural considerations, and the company's resources and capabilities.
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Holding all else constant, an increase in the market demand for a product in a competitive market would cause Group of answer choices the marginal revenue (MR) curve of the firms to increase. A decrease in profits for a firm. A decrease in the price a firm could charge for the product. The average total cost (ATC) curve of the firms to increase. The marginal cost (MC) curve of the firms to increase
Answers
If all is held constant, it is expected that increase in the market demand for a product in a competitive market would result to an increase to the marginal cost (MC) curve of the firms.
What is an increase in the market demand?An increase in market demand are caused by rise in income, rise in the price of a substitute, price fall of a complement product etc.
And when there is an increase in market demand, its reflects on the demand graph as the demand curve shift to the right.
Therefore, the Option E is correct.
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A value hypothesis explains the reasons why a customer may choose not to use a product. True or false
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False.A value hypothesis is a declaration of the anticipated worth that a good or service will bring to its users. It describes the advantages and results that users will experience from utilising the product, as well as why users would want to use it.
A value hypothesis is defined.A value hypothesis puts forth a presumption regarding the worth of a product to potential customers. But, it's also possible that your "future clients" are assumptions. A value hypothesis focuses more on the current market.
What is an example of a value hypothesis?The value hypothesis examines how much value your product or service offers clients and, more crucially, if they are willing to pay for it.
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The Pirates of Penzance Company delivers goods to various areas around the world. The company has a great reputation for being prompt on its deliveries. Blackbeard is the owner of the company. Davy Jones works for Blackbeard as an underpaid sailor. Davy knew that Blackbeard loved to read while they were transporting their deliveries and that his favorite book was The Adventures of Huckleberry Finn. Davy gave Blackbeard a valuable first edition of Twain's work hoping that Blackbeard would give him a raise in pay. A day later, Blackbeard promised to give Davy a pay raise of 18% because he was very pleased with the book. The following week when Davy received his check, he noticed that the raise was missing and he asked Blackbeard for the money. Blackbeard refused to give him his raise and Davy filed suit. Decide the outcome.
Answers
The outcome here is that the court would make blackbeard to give the pay raise that he promised to Davy.
The breach of promise.Davy may decide to sue because there has been a breach here. He may decide to sue under the proprietary estoppel.
He already met with what was required of him by providing the book to Blackbeard. It was Blackbeard that was unable tyo meet up with his own part.
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Compare capitalism,socialism, and communism as to (a) how each allocated scarce resources among alternative wants and (b) the existence of private property.
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Answer:
In a purely capitalistic economy, resources are allocated based on the interests of both suppliers and consumers. The allocation of resources should be more efficient since the ultimate goal of businesses is to make a profit by satisfying consumers' preferences. Private property is one of the fundamental pillars of capitalism.
In a socialist economy, an elected government is responsible for allocating resources that should best satisfy the needs of the people that they rule over. Socialistic theories are supposed to be a superior state of capitalism, where everybody should share and enjoy resources but based on their individual contributions. I.e. if you work harder, you should be able to enjoy more resources. Socialist theories recognize individual private property but productive capacity is a common good. E.g. the world in Start Trek is a socialist world.
Communism shares several similarities with socialism, but it differs in some of its basic principles. Communism does not recognize elected governments, e.g. China, North Korea, etc., or have pseudo democracies like the former Soviet Union (currently Russia) and Cuba. Resources are shared by everyone but based on individual needs, not individual contributions. E.g. a person that doesn't work at all could need more things than others that work, and therefore, should receive more resources. Everything is owned and distributed by the government, so theoretically private property doesn't exist. Communism abolishes religion and social classes, while socialism allows religion and still recognizes different social classes.
In real life, there is no purely capitalistic or purely socialist country in the world. Some developed economies lean towards socialism (most European nations and Canada) while others lean more towards capitalism (the US). Communism used to exist in the world, e.g. former Soviet Union, China, Cuba, etc., but even those countries currently recognize private property, although the governments still play a significant role in the economy and resource allocation. But they cannot be considered democracies either.
the famous thought leader who developed models for creating value and competitive advantage taught in business schools worldwide is ent
Answers
Michael E . Porter is a renowned thought leader and Bishop William Lawrence University Professor at Harvard Business School. He is known for his models of creating value and competitive advantage.
American scholar Michael Eugene Porter is renowned for his thoughts on economics, corporate strategy, and social concerns. He is a founder of the consulting company The Monitor Group as well as the social impact consultancy FSG as well as the Bishop William Lawrence University Professor at the Harvard Business School.
According to Porter's argument, a country's ability to compete in a given industry depends on that sector's ability to innovate and modernize. He developed a theory to explain why some countries have greater competition in particular industries.
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Discuss 15 ways of using the theory of comparative advantage of solving the economic crisis in Ghana
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Encouraging businesses to specialize in goods and services where they have a comparative advantage, leads to increased efficiency and competitiveness. Identifying the sectors in which Ghana has a comparative advantage and focusing on developing these industries through investment and infrastructure development.
Promoting exports of goods and services that Ghana has a comparative advantage in, to increase foreign exchange earnings. Encouraging foreign investment in sectors where Ghana has a comparative advantage.
Improving the education and skill levels of the workforce to increase their comparative advantage in the global market. Promoting entrepreneurship in sectors where Ghana has a comparative advantage.
Encouraging research and development to increase innovation and comparative advantage. Strengthening the legal and regulatory framework to attract foreign investment and promote business growth.
Improving the efficiency and productivity of businesses to increase their comparative advantage. Diversifying the economy to reduce dependence on a single sector and increase comparative advantage in multiple sectors. Improving transportation and communication infrastructure to increase the competitiveness of businesses. Encouraging the development of small and medium enterprises to increase competitiveness and comparative advantage.
Promoting collaboration and partnerships between businesses to increase their comparative advantage. Encouraging the development of new technologies to increase efficiency and comparative advantage. Fostering a business-friendly environment to increase investment, competitiveness, and comparative advantage.
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Which set of accounts below would have a normal debit balance? Multiple choice question. Expenses; Dividends; Cash Dividends; Expenses; Unearned rent Expenses, Dividends; Common Stock Revenues; Dividends, Prepaid rent
Answers
The set of accounts that will have a normal debit balance are : Expenses; Dividends; Cash.
What are Expenses , Dividends and Cash ?An expense is the cost of operations that a company incurs to generate revenue. Hence an expense would have a debit balance.
A dividend is the distribution of corporate profits to eligible shareholders. Dividend payments and amounts are determined by a company's board of directors hence would have a debit balance.
Cash include other currencies as well as undeposited cheques and amounts in a current account hence have a debit balance.
It therefore means that Expenses, Dividends and Cash all have debit balance in line with accounting rule which states that all expenses and cash must be debited.
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How responsible should sport/event organizations, celebrities, and athletes be for keeping their various publics happy? We know that good publicity boosts goodwill and profits. But, should individuals have to keep their personal beliefs private so they won’t offend anyone? For example, some musicians may highlight their political views on stage at their concerts. Or, an athlete may make comments in an interview that could offend certain groups. Perhaps he’s an avid hunter, a hobby that some animal rights activists would certainly not support. What do you think? Where should celebrities and athletes draw the line between building fan support and being true to themselves?
Answers
Answer:
I dont really know
Explanation:
The decision to raise a family will affect your financial planning by
OA. decreasing your liabilities
B. making it easier to retire at an early age
C. increasing your savings
D. increasing your financial responsibility
—
Answers
Answer: D. Increasing your financial responsibility
Explanation: The decision to raise a family will become a big task to find ways for finance to make a family happy.
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AAs an individual person, you are most likely to engage in international finance through:
A. portfolio investments.
B. direct investments.
C. multilateral lending certificates.
D. sovereign lending.
E. concessional finance.
Answers
A. Portfolio investments.
As an individual person, you are most likely to engage in international finance through portfolio investments. Portfolio investments involve buying and selling securities such as stocks, bonds, or mutual funds in foreign markets.
This allows individuals to diversify their investment portfolios and potentially earn returns from international markets. Examples of portfolio investments include buying shares of foreign companies or investing in global funds.
Direct investments, on the other hand, refer to investments made by companies or individuals in foreign businesses or assets with the intention of having a significant ownership stake and exerting control over the operations. This type of investment is typically undertaken by large corporations or high-net-worth individuals rather than individual investors.
Multilateral lending certificates, sovereign lending, and concessional finance are more relevant to governments, international organizations, and financial institutions rather than individual investors. These involve providing loans or financial assistance to countries or institutions for various purposes such as development projects, infrastructure investments, or economic stabilization programs.
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Generally speaking, which of the following statements is true concerning product attributes?
a. Tangible product attributes are more important than intangible ones.
b. Intangible product attributes are more important than tangible ones.
c. Both tangible and intangible product attributes are important.
d. Neither tangible nor intangible product attributes are important.
e. A product has more attributes than tangible and intangible ones.
Answers
c. Both tangible and intangible product attributes are important.
Both tangible and intangible product attributes are important, is generally true. A product has a combination of tangible and intangible attributes that contribute to its overall value proposition. Tangible attributes refer to the physical or measurable aspects of a product, such as size, weight, color, and design. Intangible attributes refer to the non-physical or experiential aspects of a product, such as brand reputation, perceived quality, customer service, and emotional appeal. Both tangible and intangible attributes can be important to consumers and can influence their purchasing decisions. For example, a consumer may be attracted to a product based on its physical attributes, but may ultimately choose to purchase it based on intangible attributes such as its brand reputation or perceived quality.
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Ioanna's department lost productivity this week when two employees failed to report to work as scheduled. Other employees had to do the missing employees' work and were not able to completely do their regular jobs. What Ioanna's department is experiencing is _______.
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Answer:
they are experiencing a lack of commitment and respect from there workers
You are reviewing your checking account balance of $800 after you've just sent in your rent check of $500. How much money is available for you to spend?
Answers
You are reviewing your checking account balance of $800 after you've just sent in your rent check of $500. The money that is available for you is $1300.
What we can do if we don't have sufficent balance?
If you had a check that you don't have sufficient funds for that has been run through the bank the bank will usually charge you an overdraft fee.
This means that you have arranged an overdraft loan/agreement with the bank. The bank will go ahead and pay the fund to the person or company you wrote the check to.
You will have a certain amount of time to put the money back into your account and pay the overdraft fee.
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Poitioning" i a marketing management aid that refer to: _________ A. How cutomer think about propoed and/or preent brand in a market
Answers
Positioning is a marketing management tool that describes how consumers perceive existing and/or potential brands in a certain market. So, the suitable option will be option (a).
Give a brief account on marketing management.Marketing management applies economics and competitive strategy techniques to analyze the business environment in which the organization works. Marketers use SWOT analysis to focus on the relative competitive strengths and weaknesses of each competitor in the market as they create extensive profiles of each competitor. Marketing managers will look at each rival's cost structure, profit sources, assets, and capabilities as well as its competitive positioning, product differentiation, level of vertical integration, past responses to market changes, and other elements.
Market and marketing research are frequently conducted by marketing management in order to undertake marketing analysis. Although there are many techniques used by market researchers, the following are some of the most common ones :
Focus groups and different kinds of interviews are examples of qualitative marketing research.statistics surveys are examples of quantitative marketing research.experimental methods, including test marketsTechniques of observation like ethnographic (on-site) observationTo know more about, marketing management, visit :
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The complete question is mentioned below :
"Positioning" is a marketing management aid that refers to: ______
A) how customers think about proposed and/or present brands in a market.
B) a product's ability to provide both immediate satisfaction and social responsibility.
C) how a firm approaches customer relationship management.
D) a firm's ability to distribute products through intermediaries who are in the right position to reach target customers.
E) all of these alternatives are true.
When an economy is operating inside its production possibilities frontier we know that :_________
a. the economy is operating with efficiency.
b. to produced more of one good, the economy would have to give up some of the other good.
c. moving to a point on its production possibilities frontier would be economic growth.
d. there are unused resources or inefficiencies in the economy.
Answers
When an economy is operating inside its production possibilities frontier we know that there are unused resources or inefficiencies in the economy.
What is the production possibilities frontier ?The production possibilities frontier show the various combination of two goods that can be produced by an economy when its resources are fully utilized.
The production possibilities frontier is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good.
Point outside the curve means that the production level is not attainable given the level of resources. Points inside the production possibilities curve means that the nations resources are not being fully utilised
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a given increase in government spending is more effective at increasing output in a country that group of answer choices is very open to trade is closed to trade has a flexible exchange rate has a large sensitivity of net exports with respect to exchange rate.
Answers
A given increase in government spending is more effective at increasing output in a country that is closed to trade.
In a closed economy, an increase in government spending directly boosts domestic demand, leading to a rise in output. Since there is no trade, the entire increase in demand is satisfied by domestic production, thus raising the overall output in the country.
Additionally, there are no concerns about exchange rate fluctuations or sensitivity of net exports.
In contrast, open economies with flexible exchange rates or large sensitivity of net exports may experience changes in trade balances, exchange rates, and external demand, which could dilute the effect of increased government spending on domestic output.
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An employee
is compensation you receive from your employer over
and above your income.
O A. salary
OB. withholding
OC. benefit
OD. wage
Answers
when is subsidy necessary in comodity supply
Answers
Answer:
A subsidy is a benefit given to an individual, business, or institution, usually by the government. It is usually in the form of a cash payment or a tax reduction. The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.
Explanation: