Which of the following statements is true? Group of answer choices The production function shows the trade-off between producing different kinds of outputs. The short-run production function includes both fixed and variable inputs. The short-run production function includes both fixed and variable costs. The production function shows the trade-off in inputs that produce the same amount of output. An inefficient firm is unable to achieve as much output as the production function shows.
Answers
Answer: An inefficient firm is unable to achieve as much output as the production function shows.
Explanation:
The Production function shows the maximum amount of output that can be produced by a company given the a certain number of inputs which are usually capital and labor.
At each combination of the input therefore, the function shows how much a company should be able to produce. If a company is therefore inefficient and unable to use its inputs effectively, it will be unable to produce at the point it is to be producing at given the combination of inputs they are using.
Related Questions
The production of 0d submarines and 0a hospitals..
A) Increases the available resources
b) is productively efficient given the available resources
c) is productively impossible given the available resources
d) is productively ineffient given the available resources.
Answers
The production of 0d submarines and 0a hospitals is productively in effient given the available resources. The answer is OPTION D.
When a company isn't producing at its lowest possible cost per unit, it exhibits inefficient production. The average cost of production, or unit cost, is calculated by dividing all production costs by the quantity of units produced. An economy might produce a lot of boots with low manufacturing costs.
If they were all for the left foot, it would be allocatively inefficient because no one would profit from this. When a different resource allocation may boost output of any good by even one unit while maintaining the same level of other products, that resource allocation may be deemed inefficient.
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The process by which a domestic company sells its already sold on its donestic exchange on a foreign stock exchange is called
Answers
Answer:
The process by which a domestic company sells its already sold on its donestic exchange on a foreign stock exchange is called
Explanation:
the answer is letter D. cross-listing
Shock Electronics sells portable heaters for $33 per unit and the variable cost to produce them is $21. Ms Amps estimate that the fixed costs are $96,000
Answers
break-even point = 9,200 / (55 - 32)
break-even point = 400
assume that company a makes a $40-per-share offer for company b. company b now trades at $30 per share. also assume that the deal is expected to close in 90 days. if the deal closes, then the risk arbitrager's return would be:
Answers
To get a job in the skilled trades, you normally need a bachelor's degree or higher in the trades. Many construction supervisors, electricians, and welders make an average yearly salary of over $100,000.
There is no requirement for two years or less of advanced education for vocational skills. managers of factories. quality control professionals. technicians for general maintenance. engineering mechanics. One of the professions in the skilled crafts that is simple to learn is welding. With enough hands-on experience, you can learn how to weld in less than six months. Let's say you find a job you like that pays well and has reasonable hours. You may dig your teeth into welding and have opportunities for promotion. Agent for real estate. You may start selling real estate right now, and the possibilities is endless.
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Is it unethical to use the passive voice to avoid specifics?
Answers
Answer:
Yes
Explanation:
Yes, it is unethical if the specifics are important or affect someone. If this is the case then it is important for the information to be completely provided so that the individual is completely informed. Otherwise, it could prevent them from taking necessary action and pushing towards the result that they want. Instead without this information the will ultimately come to a bad scenario that they could have avoided.
During the summer between his junior and senior years, James Cook needed to earn sufficient money for the coming academic year. Unable to obtain a job with a reasonable salary, he decided to try the lawn care business for three months. After a survey of the market potential, James bought a used pickup truck on June 1 for $1,410. On each door he painted "James Cook Lawn Service, Phone 471-4487." He also spent $650 for mowers, trimmers, and tools. To acquire these items, he borrowed $2,700 cash by signing a note payable promising to pay the $2,700 plus interest of $85 at the end of the three months (ending August 31).
By the end of the summer, James had done a lot of work and his bank account looked good. This prompted him to wonder how much profit the business had earned.
A review of the check stubs showed the following: Bank deposits of collections from customers totaled $12,800. The following checks had been written: gas, oil, and lubrication, $970; pickup repairs, $310; mower repair, $300; miscellaneous supplies used, $190; helpers, $5,200; payroll taxes, $210; payment for assistance in preparing payroll tax forms, $40; insurance, $165; telephone, $300; and $2,785 to pay off the note including interest (on August 31). A notebook kept in the pickup, plus some unpaid bills, reflected that customers still owed him $850 for lawn services rendered and that he owed $190 for gas and oil (credit card charges). He estimated that the cost for use of the truck and the other equipment (called depreciation ) for three months amounted to $760.
Required:
1. Prepare a quarterly income statement for James Cook Lawn Service for the months June, July, and August. Assume that the company will not be subject to income tax.
Answers
The income statement for James Cook Lawn Service shows a balance of $5,120.
The quarterly income statement for James Cook Lawn Service for the months of June, July, and August would look as follows:
Income Statement (Quarterly)
For the Months Ended August 31
Revenues:
Collections from customers $12,800
Accounts receivable $850
Total Revenues $13,650
Expenses:
Gas, oil, and lubrication $970
Pickup repairs are $310
Mower repair $300
Miscellaneous supplies used $190
Helpers $5,200
Payroll taxes $210
Payment for assistance $40
Insurance $165
Telephone $300
Depreciation $760
Interest expense of $85
=$970 + $310 + $300 + $190 + $5,200 + $210 + $40 + $165 + $300 + $760 + $85 = $8,530
Total Expenses $8,530
Net Income = Revenues - Expenses
Net Income $5,120
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Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (7,300 units) $ 233,600 $ 32.00 Variable expenses 146,000 20.00 Contribution margin 87,600 $ 12.00 Fixed expenses 55,300 Net operating income $ 32,300 Required: (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 80 units? 2. What would be the revised net operating income per month if the sales volume decreases by 80 units? 3. What would be the revised net operating income per month if the sales volume is 6,300 units?
Answers
Answer:
Explanation:
To calculate the revised net operating income if the sales volume increases by 80 units, we need to calculate the contribution margin per unit first:
Contribution margin per unit = (Sales - Variable expenses) / Units sold
= ($233,600 - $146,000) / 7,300 units
= $87,600 / 7,300 units
= $12.00 per unit
The new sales volume will be 7,300 + 80 = 7,380 units.
The new net operating income will be:
Net operating income = (Sales - Variable expenses) - Fixed expenses
= ($32.00 x 7,380 units - $20.00 x 7,380 units) - $55,300
= $235,560 - $147,600 - $55,300
= $32,660
Therefore, the revised net operating income per month if the sales volume increases by 80 units is $32,660.
To calculate the revised net operating income if the sales volume decreases by 80 units, we can use the same approach as in part (1). The new sales volume will be 7,300 - 80 = 7,220 units. The new net operating income will be:
Net operating income = (Sales - Variable expenses) - Fixed expenses
= ($32.00 x 7,220 units - $20.00 x 7,220 units) - $55,300
= $230,240 - $144,400 - $55,300
= $30,540
Therefore, the revised net operating income per month if the sales volume decreases by 80 units is $30,540.
To calculate the revised net operating income if the sales volume is 6,300 units, we can use the same contribution margin per unit as in part (1):
Contribution margin per unit = $12.00 per unit
The new net operating income will be:
Net operating income = (Sales - Variable expenses) - Fixed expenses
= ($32.00 x 6,300 units - $20.00 x 6,300 units) - $55,300
= $201,600 - $126,000 - $55,300
= $20,300
Therefore, the revised net operating income per month if the sales volume is 6,300 units is $20,300.
the oriole mills company has just disclosed the following financial information in its annual report sales of 1.47 million, cost of goods sold of $817,100, depreciation expenses of $179,600, and interest expenses of $ 94,000. Assume that the firm has an average tax rate of 29 percent. Compute the cash flows to investors from operating activity.
Answers
The cash flows to investors from operating activities for Oriole Mills Company is $543,973.
To compute the cash flows to investors from operating activities, we need to start with the net income and make adjustments for non-cash expenses and changes in working capital. The formula to calculate cash flows from operating activities is as follows:
Cash Flows from Operating Activities = Net Income + Depreciation Expenses + Non-Cash Interest Expenses - Increase in Current Assets + Increase in Current Liabilities + Decrease in Current Assets - Decrease in Current Liabilities
Given the financial information provided, we can calculate the cash flows to investors from operating activities as follows:
Net Income:
Net Income = Sales - Cost of Goods Sold - Depreciation Expenses - Interest Expenses - Taxes
Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - ($1,470,000 - $817,100 - $179,600 - $94,000) * 0.29
Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - ($379,300 * 0.29)
Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - $109,927
Net Income = $269,373
Depreciation Expenses = $179,600
Non-Cash Interest Expenses = $94,000
Changes in Working Capital:
Increase in Current Assets = 0 (no information provided)
Increase in Current Liabilities = 0 (no information provided)
Decrease in Current Assets = 0 (no information provided)
Decrease in Current Liabilities = 0 (no information provided)
Finally, we can calculate the cash flows to investors from operating activities:
Cash Flows from Operating Activities = $269,373 + $179,600 + $94,000 + 0 + 0 + 0 + 0
Cash Flows from Operating Activities = $543,973
Therefore, the cash flows to investors from operating activities for the Oriole Mills Company is $543,973.
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Answer ASAP
Which word best describes the international banking system?
O A. Decentralized
O B. Unimportant
O C. Nonexistent
D. Controlled
Answers
what is one advantage of term life insurance policies over whole life insurance policies?
Answers
One advantage of term life insurance policies over whole life insurance policies is that the life insurance rates are more affordable.
What is the advantage of life insurance policies over whole life insurance policies?The advantage of life insurance policies over whole life insurance policies is that the rate that is been given by the insurance company on the life insurance is low compare to the whole life insurance.
And the reason that can be attribute to this is that the term policies do make provision for the coverage for a predetermined time compare to the life insurance.
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Which part of the result block should you evaluate to determine the Needs Met rating for that result?
True False
You always need to evaluate both the block and the landing page.
True
False
For a Special Content Result Block, you only need to evaluate the content inside the block and nothing else.
O True
False
For a Web Search Result Block, in most cases you should evaluate just the content inside the block.
O True
False
For a Special Content Result Block, evaluate the content inside the block. You may also need to evaluate the landing page as well in some cases.
Answers
You always need to evaluate both the block and the landing page. It is False
For a Special Content Result Block, you only need to evaluate the content inside the block and nothing else. It is True
For a Web Search Result Block, in most cases you should evaluate just the content inside the block. It is True
For a Special Content Result Block, evaluate the content inside the block. You may also need to evaluate the landing page as well in some cases. It is True
How to Know if the Needs met for the resultThe answer is False because while it is important to evaluate both the block and the landing page in some cases, it is not always necessary to do so, depending on the type of search result and the specific evaluation criteria being used.
For a Special Content Result Block, there is always need to evaluate both the content inside the block and the landing page to know the Needs Met rating for that result, depending on the specific evaluation criteria being used.
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SELECT AN ORGANISATION OF YOUR CHIOCE.
1.1 SUMMARISE THE NATURE OF BUSINESS
1.2 SUMMARISE THE BUSINESS MODEL
1.3 WHAT ARE THE KEY BUSINESS DRIVERS
2.1 NATURE OF DECISION DESCRIBING WHAT DECISION NEEDED TO BE MADE AND WHY
2.2 SUMMARISE HOW WAS THE DECISION MADE
2.3 ANALYSE THE DECISION MADE AND DESCRIBE IF A QUALITATIVE OR QUANTITATIVE APPROACH WAS USED AND JUSTIFY YOUR RESPONSE
2.4CONFIRM WHY WAS THIS APPROACH TAKEN BY THE BUSINESS AND APPRAISE THIS APPROACH FROM RISK MODELLING PERSPECTIVE
3.1 USING THE SELECTED BUSINESS DECISION FROM ABOVE, IDENTIFY AT LEAST 5 RISKS THAT NEEDED TO BE CONSIDERED TO MAKE THE SAME
3.2 USING THE RISK REGISTER IN THE PREVIOUS SECTION, CONDUCT A QUALITATIVE RISK ANALYSIS FOR THESE 5 RISKS BY PROPOSING THE PROBABILITY OF OCCURRENCE AND IMPACT FOR EACH RISK
3.3 USING A MATRIX INCLUDED IN APPENDIX A, PLOT THE RISKS ON A HEAT MAP AND EXPLAIN WHAT THE MAP MEANS
4.1 USING THE REGISTER DERIVED IN QUESTION 3.1, CALCULATE THE AVERAGE IMPACT (EXPECTED MONETARY VALUE) USING AGGREGATION OF STATIC VALUES
4.2 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
5.1 USING THE REGISTER FROM 3.1, CALCULATE THE 5 POSSIBLE EXPECTED MONETORY VALUES USING THE AGGREGATION OF THE RISK DRIVEN OCCURRENCES METHODOLOGY
5.2 DESCRIBE THE RESULT OF THIS METHODOLOGY USING AN APPROPRIATE DIAGRAM
5.3 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
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An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.
Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.
Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.
This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions
5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:
The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:
The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.
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In 2010, the average cost of a house in France is 126,000 euros. In 2018, the average cost is 154,000 euros.Using the price of the average house for reference, the inflation rate of the Euro increased by a factor of __________ in eight years.
Answers
Answer: D.) 1.22
Explanation:
Price in 2010 = €126,000
Price in 2018 = €154,000
Increase = 154,000/126,000
= 1.22
discuss how AFCFTA could be trade creating free trade area?
Answers
Explanation:
eliminate tariffs on intra-Africa trade, making it easier for businesses to trade within Africa and benefit from their own growing market; introduce regulatory measures such as sanitary standards and eliminating non-tariff barriers to trade; establish, in the future, a Common Continental Market.
the specific purpose statement is declaritive by nature true or false?
Answers
Answer: true
Explanation:
(the central idea) is the theme of the speech stated in the form of a single, ... chronological follows the natural sequential order of the main points. ... each main point and supporting point is stated in sentence form as a declarative statement.
Parks Corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. The investment would provide cash inflows of $2,000 per year for six years. The working capital would be released for use elsewhere when the project is completed.
If the company's discount rate is 10%, the investment's net present value is closest to (Ignore income taxes):
a) $1,290 b) $(1,290) c) $2,000 d) $4,350
Answers
Two factors that can cause a person to change their status from *employed" to "not economically active"
Answers
A person's economic status can move from "employed" to "non-economically active" due to two circumstances.
For men, being out of the labor force due to illness or disability has been the main cause. The main motivation for women has been to take care of a family member.The population that is engaged in the economy includes both employed and unemployed people. The population that is "economically active" is referred to as the labor force or labor supply. Those who were working for pay, profit, or family gain at the time of the census are considered employed.
The labor force is a crucial element of economic expansion: Businesses are able to increase production and employment when more people join the workforce.
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Gas, water, and electricity are examples of:
Answers
Gas, water, and electricity are examples of UTILITIES
Answer:
Utilities since they are essential services
Explanation:
Which of the outcomes in are most appealing to you? Are you more attracted to extrinsic outcomes or intrinsic outcomes?
Answers
Extrinsic outcomes are external rewards such as money, status, or recognition that come from achieving a goal. These outcomes are appealing to some individuals because they provide tangible benefits and can be easily measured by others.
On the other hand, intrinsic outcomes are internal rewards such as personal satisfaction, a sense of accomplishment, or personal growth that come from achieving a goal. These outcomes are appealing to some individuals because they provide a deeper sense of fulfillment and can be more meaningful in the long-term.
Ultimately, whether someone is more attracted to extrinsic or intrinsic outcomes depends on their personal values and goals. Some people may prioritize external rewards and seek to maximize their income or social status, while others may prioritize personal growth and seek to achieve goals that align with their passions and values.
It is important to strike a balance between both types of outcomes and to find a sense of purpose and satisfaction in the goals that we pursue.
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Describe a method for training employees.
Answers
Answer:
camping
Explanation:
The money lost by not working is called
Answers
it's called bankrupt
If yu recieved $10,000, how would you choose to spend it?
Answers
Answer:
I would by a house and provide for family hbu???
Explanation:
Firms oftentimes claim a purpose for their operation, but only a few live into it.
Many firms have developed an impressive-sounding purpose that is featured on
their website and later on ignored the purpose. A relevant social purpose is truly
embedded in the company's competitive position and differentiation when it
becomes the central value. Consider the following example:
a. Land O’ Lake “Feeding human progress around the world” and Daone
“bringing health through food to as many people as possible.”
b. In what position do you think the CEO truly engages in creating a social
purpose? Why? what example fits in Corporate Social Responsibility (CSR)
and what example fits in Creating Shared Values (CSV)?
Answers
Answer: I don't know
Explanation: I just need some answers for my qouzs so i can past this school im in
Homeowners insurance gives you both property and liability protection.
Answers
Answer:
True
Explanation:
If you have drunk friends you want this insurance.
True. Homeowners insurance provides both property and liability protection.
What is property protection?The property protection aspect of homeowners insurance covers the physical structure of the home, as well as personal belongings within the home, against perils such as fire, theft, and vandalism.
It may also provide coverage for additional structures on the property, such as garages or sheds. Liability protection, on the other hand, safeguards homeowners from legal and financial responsibility if someone is injured on their property or if they accidentally cause damage to someone else's property.
This coverage typically includes legal expenses and medical payments to the injured party.
The answer is true.
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Name 4 main parts of a business plan.
Answers
Breakdown of Your Products and Services.
Marketing Plan.
Sales Strategy.
Marketing plan
Key management bios
Financial plan
Which of the following statement is TRUE?
(1 Point)
Developmental programs improve conceptual skills of managers for the future job.
Training programs improve conceptual skills of nonmanagers for the future job.
Developmental programs improve technical skills of nonmanagers for the current job.
Training programs improve technical skills of mangers for the current job.
Answers
'Developmental programs improve conceptual skills of managers for the future job' is true. The right answer is a.
The goals and content of training and development are different from one another. While "development" refers to a long-term method through which managerial personnel understand conceptual and theoretical knowledge for broad reasons, "training" is a short-term process through which non-managerial personnel acquire technical knowledge and skills for a specific purpose.
Development covers the process through which managers and executives build capacity for both future managing roles as well as skills and competence for their current ones.
The correct answer is option a.
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Starting a new business as a sole proprietorship
O requires retaining the services of an attorney.
O is very similar to starting a business as a corporation.
O is usually simpler and less expensive than starting other forms of ownership.
O is simple, but the proprietorship fee is very expensive in some provinces.
Answers
pls help i will give branlyist
Choose a specific administrative support job. Then explain the type of multitasking a person might have to do in that job.
Give an example of a clear subject line for an email and an unclear subject line. Then explain why the clear subject line is better.
Answers
The administrative position of human resources entails multiple tasks, including payroll, hiring, recruiting, preserving the work environment, and others.
Describe human resources.?Human resources professionals hire, interview, and screen job prospects as well as designate positions for newly hired personnel. They could also be in charge of pay and benefits, employee relations, and training. Professionals in labor relations supervise and assess employment contracts.
Processing payroll, writing job descriptions, establishing workplace norms, and purchasing benefits are all common HR administration tasks.
Thus, the administrative position is in human resources.
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Hill Company uses the periodic inventory system. For the current month, the beginning inventory consisted of 1,200 units that cost $60 each. During the month, the company made two purchases: 500 units at $58 each and 2,000 units at $56 each. Hill Company also sold 2,150 units during the month. Using the periodic FIFO method, what is the cost of ending inventory
Answers
Answer:
$86,800
Explanation:
With regards to the above, first we need to add up all the units
= 1,200 units + 500 units + 2,000 units
= 3,700 units
The next step is to deduct the additional units sold from the total units
= 3,700 units - 2,150 units
= 1,550 units
The next step is to multiply $56, which is the value for last 2,000 units purchased to get the ending inventory.
= 1,550 units × $56
= $86,800
Therefore, the cost of ending inventory, using the periodic FIFO method is $86,800
Double declining balance
Answers
The double-declining balance method is an effective way to depreciate assets in the early years of their useful life and reduce the balance of the asset more quickly than the straight-line method. This helps companies to account for the asset's cost more accurately over time and to recognize its diminishing value as it ages.
Double-declining balance method is a method of depreciation that is an accelerated method.
The depreciation rate is twice as much as the straight-line method's depreciation rate.
This method begins with an asset's value at the beginning of its use and then decreases at a constant rate throughout its useful life until it reaches the asset's salvage value.
This depreciation method is most commonly used for assets that depreciate quickly at the beginning of their useful life and then slowly depreciate over time until they are scrapped or sold.
Assets such as computers, vehicles, and machinery are common examples of assets that use this method of depreciation.
Double-declining balance method can be calculated using the following formula:Annual depreciation = (2 / useful life in years) * book value at the beginning of the yearOrDepreciation rate = 2 / useful life in years.
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