1. A basic assumption of the short run is that a firm: a. can employ more workers and add more capital to the production process. b. cannot adjust its workforce or the amount of capital it uses. c. can reduce the number of workers it uses, but it cannot adjust how much capital it uses. d. can freely adjust the amount of labor and capital that it

Answers

Answer 1

Answer:

Can reduce the number of workers it uses, but it cannot adjust how much capital it uses

Explanation:

The Short Run

This is simply refered to as a time frame (period of time) where at least one factor of production is fixed. The totality of Production takes place in the short run that is, it using more of the variable factors such as labour to the fixed factor such as capital, land.

The length of the short run can be known by the time it takes to increase the quantity of the fixed factor. This is said to change from industry to industry. The industries with Short Short Run includes Call centres, digging holes, internet based etc.

The Long Run

It is also known as the timeframe where all factors of production are said to be variable, but the state of technology is fixed. All planning takes place in the long run that is always in your head.


Related Questions

If the book value per share is $40 and the market price is 52.50 per share calculate the required rate of return on the stock.

Answers

Answer:

0.11 or 11%

Explanation:

The computation of the required rate of return is given below:

Required Rate of Return is

= Next Year Dividend ÷ Current Market Price + Growth Rate

= $3.15 ÷ $52.50 + 0.05

= 0.06 + 0.05

= 0.11 or 11%

working note

Given that

Current Market Price = $52.50

As we know that  

Growth Rate = Return on Equity × Retained Earning Ratio

Now  

Return on Equity = EPS ÷ Book Value of Share

= $5 ÷ 40

= 12.50%

So,  

Retained Earning Ratio is

= 1 - Dividend Payout Ratio

= 1 - 0.60

= 0.40

And,

Dividend Payout Ratio = DPS ÷ EPS

= $3 ÷ $5

= 0.60

Now

Growth Rate = 12.50% × 0.40

= 5%

So,

Next Year Dividend = Dividend Recently paid × (1 + growth rate )

= $3 × 1.05

= $3.15

The owner of a small fleet of taxicabs had his cabs serviced by a national chain of auto service centers. One of his cabs went through a stop sign when its brakes failed without warning. The ensuing collision seriously injured the passenger. An investigation revealed that brake repairs had been made on the cab a week before, but the service center's mechanic had used the wrong parts and had made numerous errors in reassembling the brakes. If the passenger sues the cab company owner for her injuries, who should prevail

Answers

Answer:

if you are asking who should prevail in this scenario, its most likely the mechanics.

Explanation:

first off, its the fleet owner who has taken the cabs to that certain mechanic,

therefore he is responsible for the first move, but on the other hand, the mechanics shouldnt be working on cars like taxicabs in the first place with out a license if they DIDNT have one in this case. if they didnt then they would be the ones most likely to lose the case. and another reason, the mechanics knew what theyre doing but never hesitated on switching plans for other brake parts. so in this case, its the mechanics who should prevail.

Although Kemal attempted to create a strong Turkish economy, how did his policies only add to the international global depression? a. Kemal tried to discourage Turks from buying foreign goods. b. High tariffs on imported goods only hurt other nations involved in the global depression. c. Goods from Europe and American were banned in Turkey. d. Government subsidies kept Turkish goods cheap in the nation and discouraged foreign imports. e. Kemal tried to create a totally domestic solution to the economic problems.

Answers

Answer:

b. High tariffs on imported goods only hurt other nations involved in the global depression

Explanation:

Although Kemal attempted to create a strong Turkish economy, his policies only add to the international global depression due to the placement of "High tariffs on imported goods."

Kemal who was once the President of the new Turkey from the old Ottoman Empire had series of reforms including economic policies that favor internal production and discourage reliance on importation. However, his administration was around the global depression period, and his policies of high tariffs on imported goods only hurt other nations involved in the global depression.

West Company had $375,000 of current assets and $150,000 of current liabilities before borrowing $75,000 from the bank with a 3-month note payable. What effect did the borrowing transaction have on West Company's current ratio? Select one: a. The change in the current ratio cannot be determined. b. The ratio decreased. c. The ratio increased. d. The ratio remained unchanged.

Answers

Answer:

b. The ratio decreased

Explanation:

The current ratio is a financial performance measure that compares current assets to current liabilities, hence, in ascertaining the impact of the short-term borrowing on the current ratio, we would compute the current ratio before and after having taken the short term loan as shown thus"

current ratio=current assets/current liabilities

Before borrowing:

current ratio=$375,000/$150,000

current ratio=2.50

After borrowing:

current ratio=$375,000/($150,000+$75000)

current ratio=1.67(it has declined from earlier 2.50 to 1.67)

Beyond just money, the economy is about Question 10 options: the people who are most important to an individual's sense of self. the production, distribution, and consumption of goods and services. encouraging cooperation over competition. rituals and beliefs that divide the world into the sacred and the profane.

Answers

The economy is about "the production, distribution, and consumption of goods and services" also along with money.

The key components of the economy are:

Production.DistributionConsumption.

These three elements drive the flow of money within an economy. Let's see:

The goods are produced as per the needs and demands of the people where people work to earn wages, salaries, profit, etc.This stage is followed by the distribution of these goods across different regions and areas. Lastly, these goods are purchased by their final users for consumption and their income earned from firms return to them again(circular flow of income).

Therefore, option B states a true claim about the elements of an economy.

Learn more about 'Economy' here: brainly.com/question/2421251

Purge Purifying Systems, which manufactures filtration systems for industries, has entered into a U. S. $50 million deal with Fabon Fabrics Incorporated During a negotiating session, Alex, a member of the sales team reacted, "Who are you trying to kid? You need our company's filtration systems to maintain your product quality. You have to pay an extra $20 per system and just cut costs somewhere else." Monroe, the team leader of the sales team interrupted him and said, "Now wait a minute. These are our friends you are talking to. How about we only charge $10 extra per system and split the shipping charges equally? Does that not sound fair?" Identify the win-lose strategy adopted by the sales team of Purge Purifying Systems.

Answers

Answer: good guy-bad guy routine

Explanation:

The win-lose strategy that is adopted by the sales team of Purge Purifying Systems is the Good Guy/Bad Guy technique.

The Good Guy-Bad Guy routine refers to a strategy whereby while one person pretends to be on the side of the customer and helps make a deal, the other one doesn't and makes negotiation difficult. The idea behind this is for the prospect or the customer to accept the deal of the good guy. This is the strategy used by Alex and Monroe.

Use the following list of factors that are related to the aggregate demand curve to answer the next question. 1) Real-Balances Effect 2) Household Expectations 3) Interest-Rate Effect 4) Personal Income Tax Rates 5) Profit Expectations 6) National Income Abroad 7) Government Spending 8) Foreign Purchases Effect 9) Exchange Rates 10) Degree of Excess Capacity Which of the above factors best explain the downward slope of aggregate demand curve?

Answers

Answer:

The answer is "1,3 and 8".

Explanation:

The effect of changes in the real value of financial assets on aggregate demand; So, as the cost of goods and services goes up, so too does the real purchasing power of money people have on hand. Such improvements should encourage people to save even more and spend less. Whenever a shift in the price level in one country leads to many other countries buying more of the country's goods, the foreign purchasing effect is in play. Dies lead to an increase in the net exports (and hence the actual GDP), therefore the effects of true and foreign purchases upon economic growth are depicted as a declining curve.

amount of tax, TTT, in dollars to be paid by an individual with an income of III between 8{,}2258,2258, comma, 225 and 34{,}50034,50034, comma, 500 dollars is given by the equation above. Tax is paid from the portion of income above 8{,}2258,2258, comma, 225 dollars and the remaining amount becomes a part of disposable income. What percentage of income above 8{,}2258,2258, comma, 225 dollars remains after paying tax for an individual whose income falls within the specified range

Answers

Answer:

[tex]Amount = 87.5\%[/tex]

Explanation:

Given

[tex]T =0.125(I - 8225)[/tex]

Range = 8225 to 34500

See comment for proper format

Required

The percentage left after tax paid for individual in the above range

[tex]T =0.125(I - 8225)[/tex]

Rewrite as:

[tex]T = 12.5\% (I - 8225)[/tex]

The 12.5% implies that individuals in that income range pay 12.5% of the income.

So, the amount left is:

[tex]Amount = 100\% - 12.5\%[/tex]

[tex]Amount = 87.5\%[/tex]

Suppose the marginal cost curve in the short run first decreases, then reaches a minimum, and then increases. If we are at an output where marginal cost is increasing, then: Question 5 options: a) marginal product must be increasing. b) marginal product must be decreasing. c) average total cost must be increasing. d) average variable cost must be increasing.

Answers

Answer:

b) Marginal product must be decreasing.

Explanation:

b) Marginal product must be decreasing.

The relationship between the marginal product and the marginal cost is negative which means if the marginal cost increases then the marginal product must fall. If the marginal cost decreases then the marginal product must increase. Therefore, option "b" that states marginal product decreases is the correct answer.

HELP IN BUSINESSS!!!! An economy produces two goods, x and y. A year ago the price of x was $4 and the price of y was $6. Today the price of x is $8 and the price of y is $10. What happened to the nominal and the real value of good x? What happened to the nominal and real value of good y?

Answers

Answer:

Since an economy produces two goods, X and Y, already a year ago the price of X was $ 4 and the price of Y was $ 6, while today the price of X is $ 8 and the price of Y is $ 10, what happened did not it is something other than an inflationary process, by which the values of goods have increased their value, both nominal and real, that is, both in monetary terms and in terms of the purchasing power of the individuals who develop in said economy.

Thus, good X went from being worth $ 4 to $ 8, which implies a change in nominal terms of $ 4, and in real terms an inflation of 100% year-on-year (8 x 100/4 - 100).

On the other hand, good Y went from being worth $ 6 to $ 10, with which nominally it also increased $ 4, but in real terms there was an inflation of 66.6% (10 x 100/6 - 100).

At the end of the current year, using the aging of receivable method, management estimated that $31,500 of the accounts receivable balance would be uncollectible. Prior to any year-end adjustments, the Allowance for Doubtful Accounts had a debit balance of $900. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?

Answers

Answer:

Dr Bad debt expenses $ 32,400

Cr Allowance for doubtful accounts $ 32,400

Explanation:

Preparation of the adjusting entry that the company should make at the end of the current year to record its estimated bad debts expense

Dr Bad debt expenses $ 32,400

Cr Allowance for doubtful accounts $ 32,400

($31,500+$900)

( To record its estimated bad debts expense)

Estimated Bad debts expense =Account receivables + Debit balance

Estimated Bad debts expense= $31,500 + 900

Estimated Bad debts expense=$32,400

Which school faculty member should you talk to about enrolling in an AP
course?

Answers

Answer: The guidance counselor

Explanation:

Social worker is someone who helps people cope with the challenges tahtnthwy face in their lives. Social workers work with people who have addiction issues, people with disabilities, children etc.

A paraprofessional refers to someone who's specially trained to support students in school. Such oeeosn can be a teaching assistant, special education paraprofessional etc.

A registrar is the keeper of records in an educational institution whinis charged with the responsibility of registering students, and keeping their academic records.

The guidance counselor is a professional who provides career, academic, and social-emotional competencies to the students in a schoool through counseling. Such person is the faculty member smtaht you should talk to about enrolling in an AP.

course?

Failure to accrue interest expense results in A. an overstatement of net income and an understatement of liabilities. B. an understatement of net income and an overstatement of liabilities. C. an overstatement of net income and an overstatement of liabilities. D. an understatement of net income and an understatement of liabilities.

Answers

Answer:

A. an overstatement of net income and an understatement of liabilities.

Explanation:

Failure to accrue interest expense results in understating net income and overstating liabilities. Therefore, option B is correct.

When a company fails to accrue interest expense, it means that it has not recognized the interest obligations it owes on its liabilities. This omission leads to an understatement of net income, as interest expense is a necessary cost that should be recognized in the income statement.

Additionally, it results in an overstatement of liabilities, as the company has not properly accounted for the outstanding interest obligations.

By neglecting to accrue interest expense, the company misrepresents its financial position, potentially leading to distorted profitability figures and a misrepresentation of its debt obligations.

Therefore, option B is correct.

Learn more about liabilities here:

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Concord Company sells merchandise on account for $3300 to Pharoah Company with credit terms of 1/10, n/30. Pharoah Company returns $800 of merchandise that was damaged, along with a check to settle the account within the discount period. What entry does Concord Company make upon receipt of the check

Answers

Answer:

Dr Cash $825

Cr Sales Returns and Allowances $800

Cr Sales Discounts $25

Explanation:

Preparation of the journal entry that Concord Company make upon receipt of the check

Dr Cash $825

($800+$25)

Cr Sales Returns and Allowances $800

Cr Sales Discounts $25

(To record receipt of the check)

Sales discount=(Sales Price -Sales return) × 1%

Sales discount=($3300 - $800) × 1% = $25

what is an important function of the federal trade commission?
a. inspecting workplaces for safety violations
b. identifying unfair pricing strategies
c. negotiating trade agreements
d. deciding if discrimination complaints are valid

Answers

Answer:

The FTC protects consumers by stopping unfair, deceptive or fraudulent practices in the marketplace. We conduct investigations, sue companies and people that violate the law, develop rules to ensure a vibrant marketplace, and educate consumers and businesses about their rights and responsibilities.

Answer:Identifying unfair pricing strategies (B)

Explanation:

. You have determined that Company A's shares have an intrinsic value of $20 per share but are trading at $22 per share, while Company B's shares are worth $25 per share but are trading at $22 per share. What would a rational investor (or an arbitrageur) do to take advantage of this price difference (no short-selling constraint and transaction fee)

Answers

Answer:

a rational investor would short company A's shares and long company B's shares.

Explanation:

Company A's shares are overvalued.

A share is overvalued when its intrinsic value is less than its price

Company B's shares are undervalued.

A share is undervalued when its intrinsic value is greater than its price

It is expected that the price of company's A's share would fall. Investors that are holding this company's share would lose.

On the other hand, it is expected the the price of company B's shares would rise. Investors holding this company's share would gain from the increase in price.

Thus, a rational investor would short short company A's shares and long company B's shares.

What is the first step in the standard purchasing process practiced by most
companies?
A. Solicit bids
B. Requisition
C. Invoicing
D. Purchase order

Answers

Answer:

B. requisition

Explanation:

i have done this before, hope i helped

I think b
Hope its help for your questions

what are the main roles of the management department in an organization. give 5

Answers

Answer:

At the most fundamental level, management is a discipline that consists of a set of five general functions: planning, organizing, staffing, leading and controlling. These five functions are part of a body of practices and theories on how to be a successful manager.

hope it helps

please mark Brainliest

The clerical and editorial employees in a publishing house need to be at their desks by 8:00 AM and follow a set of precise procedures dictated by management. The jobs of these clerical and editorial employees ________.

Answers

Answer: Formalization

Explanation:

Formalization could be defined as the length of an organization's policies, description and rules all spelt out for everyone to see. What makes up formalized structures or what we can know them for are their rules and regulations.

The jobs of these clerical and editorial employees are related to Formalization, they either form this rules out with the management or play the role of spelling it out(written) for all to see.

Providing incentives for customers to learn more about your service is known as
A. branding
(B. advertising Not the answer)
C. permission marketing.
D. search engine optimization.

Answers

For your answer it’s letter c Because Providing incentives for customers to learn more about your services is known as Permission marketing

Suppose the demand for cherries sold from roadside stands in Michigan is perfectly elastic. The owner of one roadside stand raises the price of cherries by 10%, as a result 1 point A. Zero cherries are sold at this stand. B. No change in the quantity demanded at this stand. C. A 10% decrease in the quantity demanded at this stand. D. A 10% increase in the quantity demanded at this stand. E. All available cherries will be sold.

Answers

Answer:

A

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price  

Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases

it is in perfectly competitive markets that demand is perfectly elastic

what is business ? please tell us​

Answers

Answer:

Noun, a person's regular occupation, profession, or trade.

Explanation:

The optimal portfolio for an individual investor is represented by the point that lies on the Question 7 options: lowest possible utility curve and connects to the efficient frontier. utility curve which is just tangent to the right side of the feasible set of risk-return options. utility curve which is just tangent to the efficient frontier. utility curve which represents the highest possible rate of return within the feasible set of risk-return options.

Answers

Answer:

Utility curve which is just tangent to the efficient frontier.

Explanation:

The optimal portfolio of the investor is the maximum gain for the maximum risk. If risk factor is increased beyond optimal level it does not necessarily means that returns will also increase. Efficient frontier is curved because there is diminishing marginal utility to risk. For every additional unit of risk added into the portfolio gains a smaller amount of return.

Prepare summary journal entries to record the following transactions for a company in its first month of operations. a. Raw materials purchased on account, $100,000. b. Direct materials used in production, $42,000. Indirect materials used in production, $15,000. c. Paid cash for factory payroll, $50,000. Of this total, $36,000 is for direct labor and $14,000 is for indirect labor. d. Paid cash for other actual overhead costs, $8,250. e. Applied overhead at the rate of 120% of direct labor cost. f. Transferred cost of jobs completed to finished goods, $68,175. g1. Jobs that had a cost of $68,175 were sold. g2. Sold jobs on account for $97,000.

Answers

Answer: See explanation

Explanation:

The journal entry will be analysed below:

a. Dr Raw materials inventory $100,000

Cr Accounts payable $100,000

b. Dr Work in process inventory $42000

Cr Raw materials inventory $42000

Dr Factory overhead $15000

Cr Raw materials inventory $15000.

c. Dr Work in process inventory $36000

Dr Factory overhead $14000

Cr Cash $50,000

d. Dr Factory overhead $8250

Cr Cash $8250

e. Dr Work in process inventory = $36000 × 120% = $43200

Cr Factory overhead $43200

f. Dr Finished goods inventory $68175

Cr Work in process inventory $68175

g. Dr Cost of goods sold $68175

Cr Finished goods inventory $68175

Dr Accounts receivable $97000

Cr Sales $97000

Give four future of labour

Answers

MARK "BRIANLIEST!"

1. Government. Government holds much sway over the free markets. ...

2. International Transactions. The flow of funds between countries effects the strength of a country's economy and its currency.

3. Speculation and Expectation.

4. Supply and Demand.

MARK "BRIANLIEST!"

For anything to be considered money it must be Group of answer choices either a commodity or a token, as long as it is generally accepted as a means of payment. a valuable commodity, such as gold. a token, such as a green piece of paper. used in barter transactions

Answers

Answer:

Either a commodity or a token, as long as it is generally accepted as a means of payment.

The practitioner completes an incision and drainage of a patient's infected right heel, which tested positive for MRSA. What statement is true regarding how the perioperative team should perform postoperative cleaning after this patient leaves the OR?

Answers

Answer:

after the patient leave

Lets say you were a teacher. If parent approaches you to encourage you to give information about another child, what should you do.

Answers

first of all I will ask the parents what's the matter, if they explain me then also I will not going to give the child's information, I will contact to the principal about this matter and school management will look out at this matter.

I surely won't give.Privacy of children is my first priority .If some one acquires that Then it will hamper that students privacy .So I won't give.

Time Remaining 28 minutes 51 seconds00:28:51 Item 6 Time Remaining 28 minutes 51 seconds00:28:51 A high-level manager gathers his team of supervisors together to create a new office policy that will affect all employees at the company. After receiving a verbal okay from the supervisors, he then proceeds to pass around a written form of the new policy and asks all members of the team to initial it. He explains to the supervisors that the new policy will be posted in the break rooms on each floor of corporate headquarters. If you were a part of this work team, which question would you ultimately ask yourself before initialing your approval of this policy?

Answers

Answer: How will it make me feel about myself?

Explanation:

The options to the question include:

A. Is it legal?

B. Is it balanced?

C. How will it make me feel about myself?

D. Is it a lose-lose situation?

If I were a part of this work team, the question that I would ask myself before initialing the approval of this policy is that "how will this make me feel about myself?"

In this case, I'll need to know the impact of the policy and his I could be affected by it if I initial it and how I'll eventually feel about it.

Toby has been working on collecting tidbits over the past year from a financial firm's trash in an effort to eventually break into their system. Even though the financial firm has strict restrictions on access to their trash, Toby has been able to bypass these restrictions. How has Toby most likely done this

Answers

Answer:

By acting or posing as a waste management collector looking to fix the dumpster or collect the debris

Explanation:

The computer as an electronic machine has served as a tool or an object of the crime, subject of the crime and an instrument of the crime

Cyber crime

This is simply known as a criminal act. It is the process by which there is the stealing or destruction of information, resources, or funds utilizing computers, computer networks and the Internet.

Computer fraud

This is simply a type of fraud committed with the use of contemporary technology and it is regarded as a law crime. It includes theft of information and corporate espionage etc.

Most cyber crimes are usually well organized. The individual committing the crime usually puts a lot of efforts in achieving their goal. Toby could only have gained access to the company dumpster if he poses as the one or company sent to collect the trash.

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What is the domain of the function in the graph? True or false? The polynomial 3xy + 4z - 8 is a trinomial. Melinda takes out a loan to purchase a car. The balance on her loan after x months is represented by the equation y = 10,000 250x and the value of the car after x months is represented by y = 8,000 50x. Which statement describes when Melindas loan will be equal to the value of the car?After 10 months, the loan and value of the car will both be equal to $7,500.After 12 months, the loan and value of the car will both be equal to $7,000.After 14 months, the loan and value of the car will both be equal to $6,500.After 16 months, the loan and value of the car will both be equal to $6,000. A net of a three-dimensional figure is shown. What is the surface area of the three-dimensional figure? sin^6x + cos^6x = 1/4 PLEASE !!!!20 POINTS!!! PLEAS EHELP URGENT!What is a downside of nonprofit fitness centers?Very few people live near a nonprofit fitness center.Very few people live near a nonprofit fitness center. , ,Members tend to be wealthy and lack diversity. Members tend to be wealthy and lack diversity. , ,Membership costs more than it does in for-profit centers.Membership costs more than it does in for-profit centers. , ,They offer fewer luxury services than for-profit health centers Now write a CV with Cover Letter to the Head of the Department of Bangladesh House Building Finance Corporation for the post advertised. A shopkeeper sells house numbers. She has a large supply of the digits, 1, 2, 7, and 8, but no other digits. How many different three-digit house numbers could be made using only the digits in her supply? Simplify the following without a calculator: (5)(6+4) Help me please. Can someone help me on this When writing for a general audience, the writer should keep in mind that a general audience most likely-knows little about the topic.-knows a lot about the topic.-is interested in the situation.-has the power to effect change. please answer b and check if the others are correct too. is...The way a non-fiction work organizes the information is known as what?A. RhetoricB. StructureC. ToneD. Word choice Identify the vertex of this absolute value function: f(x) = -2|x + 1| + 2. Type the correct answer in each box. Use numerals instead of words. Help please. Ill appreciate it very much. Determine the mass of oxygen in a 45.0 g sample of calcium carbonate A train moving west with an initial velocity of 20 m/s accelerates at 4 m/s2 for 10 seconds. During this timmoves a distance ofmeters. What can be learned about Greek life from this excerpt?Select five responses.is heardincia reat Last year, every time John watched a football game at his friend's house, he drank beer. Now, whenever John watches a football game, he finds himself craving beer. This is an example of: