Imperfect markets: do not exist in democracies. always result in supply exceeding demand. always result in demand exceeding supply. occur when the buyer or seller has an influence on the price. can’t occur if there are many buyers and many sellers.

Answers

Answer 1

Answer:

The correct answer is: when buyers and sellers have influence on price.

Explanation:

The imperfect market situations exist when there are few buyers or sellers such that they are able to influence the market. For instance, in a perfectly competitive market, there is a large number of buyers and sellers. So, any single buyer or seller is not able to influence the market. The price and output are determined by the market forces.  

In an imperfect market such as monopoly or oligopoly, few firms exist so they are able to fix output and price on their own.


Related Questions

nyle Corp. owned 100 shares of Beta Corp. stock that it bought in 1993 for $9 per share. In 2014, when the fair market value of the Beta stock was $20 per share, Nyle distributed this stock to a noncorporate shareholder. Nyle's recognized gain on this distribution was:

Answers

Answer:

$1100.

Explanation:

We have been given that Nyle Corp. owned 100 shares of Beta Corp. stock that it bought in 1993 for $9 per share. In 2014, when the fair market value of the Beta stock was $20 per share.

Nyle's recognized gain on this distribution would be:

[tex]\text{Value of 100 share at a rate of }\$20\text{ per share }-\text{Value of 100 share at a rate of }\$9\text{ per share}[/tex]

[tex]\$20\times100-\$9\times 100=100(\$20-\$9)=100(\$11)=\$1100[/tex]

Therefore, Nyle's recognized gain on this distribution was $1100.

Which of the following will shift the supply curve to the left?
a. An increase in the price of inputs to production.
b. A change in consumer tastes and preferences.
d. Government deregulation of production.

Answers

Answer:

The correct answer is option a.

Explanation:

An increase in the price of inputs of production will cause an increase in the cost of production. The firm will now be able to produce less at the same cost.  

As a result, the supply of the commodity will decline. this causes the supply curve to shift to the left further causing an increase in the price of the product.

Final answer:

An increase in the price of inputs to production will shift the supply curve to the left because it raises the costs for producers and decreases the quantity they are willing to supply at each price level. Hence, the correct option is A.

Explanation:

The question asks which factor will shift the supply curve to the left. The correct answer is: a. An increase in the price of inputs to production. This is because when the cost of inputs for creating a product goes up, it becomes more expensive for companies to make the same amount of product. As a result, the quantity that suppliers are willing to supply at each price level will decrease, which is represented by a leftward shift in the supply curve. This will likely lead to a decrease in the equilibrium quantity and an increase in the equilibrium price.

Factors like a change in consumer tastes and preferences and government deregulation of production usually affect the demand curve or supply curve differently. Changes in consumer preferences would typically cause the demand curve to shift, not the supply curve. Similarly, government deregulation often aims to simplify the production process, potentially leading to a rightward shift in the supply curve as it may lower costs or remove barriers, which is the opposite of the question's scenario.

It takes Juan 1 hour to wash a car and 2 hours to wax it. Maria, on the other hand, takes 1 hour to wash a car and half an hour to wax it. If they divide the work, _______ would specialize in washing since his/her opportunity cost is _________ for that activity.

Answers

Answer: Juan; Lower

Explanation:

One can do the work in which it has a comparative advantage. If one person has the lower opportunity cost of doing some work than the other person then he would specialize in that activity.

Here,

Juan opportunity cost of washing a car = [tex]\frac{1}{2}[/tex]

                                                                            = 0.5 car waxed

This means that the opportunity cost of washing a car is being able to wax 0.5 car.

Maria opportunity cost of washing a car = [tex]\frac{1}{0.5}[/tex]

                                                                            = 2 cars waxed

This means that the opportunity cost of washing a car is being able to wax 2 cars.

Therefore, the opportunity cost of washing a car is lower for Juan. So, Juan would specialize in washing.

An increase in the demand for gasoline today caused by concerns that gasoline prices will be higher tomorrow is most likely attributable to a change in:
income.
consumer preferences.
prices of other goods.
consumer expectations.

Answers

Answer:

consumer expectations.

Explanation:

There will be change in the consumer expectations , since , according to the question , the consumers are sure that the price of the gasoline will increase tomorrow , hence to save some amount of money , they will start to buy gasoline , and thereby the demand for gasoline would increase and they would expect more gasoline .

Hence , The correct answer according to the data of the question is -  consumer expectations .

Which of the following funds would be most appropriate when accounting for an activity that provides goods or services to the public for a fee that is intended to make the activity self-supporting?
A. Investment trust fund.B. Enterprise fund.C. Internal service fund.D. Special revenue fund.

Answers

Answer:

B. Enterprise fund

Explanation:

Enterprise fund

It is a government fund , which is self - supported and  which sells services and goods to the public in exchange of a fee  .

For example ,

a power generating facility provides electricity to the local people in exchange of a fee .

Hence , from the data of the question , the appropriate answer is  Enterprise fund .

Lava lake inc bottles and distributes spring water. om February 11 of the current year.Lava lake required 180,000 shares of common stock at$17 per share. on April 30th lava lake inc.sold 90,000 of reacquired shares at $20 per share. on August 22nd lava lnc sold 30,000 shares at $15 per share.
a. journalize the transactions of February 11,April 30 and August 22.
b. what is the balance in paid in capital from sale
treasury stock on December 31 of the current year?
c. for what reason might lava lake inc have purchased the treasury stock?

Answers

Final answer:

The three transactions are recorded with debits and credits to treasury stock and paid-in capital. By the end of the year, the paid-in capital from the sale of treasury stock is $210,000. Lava lake may have bought back its own shares to manipulate its stock price, distribute to employees, or use in acquisitions.

Explanation:

The transactions are recorded as follows:

February 11: Lava lake purchased 180,000 shares of own stock at $17 per share. This will be debited to treasury stock for $3,060,000 (180,000 * $17).April 30: Lava lake sold 90,000 shares of treasury stock at $20 per share. The difference between cost and selling price, that is, $3 per share, will be credited to paid-in capital from treasury stock. Therefore, the entry is: Debit to Cash for $1,800,000 (90,000 * $20), Credit to Treasury Stock for $1,530,000 (90,000 * $17), and Credit to Paid-in Capital from Treasury Stock for $270,000 (90,000 * $3).August 22: Lava lake sold 30,000 shares of treasury stock at $15 per share. Since these shares were sold below cost, the difference here, that is, $2 per share, will be debited from the Paid-in Capital from Treasury Stock. Therefore, the entry is: Debit to Cash for $450,000 (30,000 * $15), Credit to Treasury Stock for $510,000 (30,000 * $17), and Debit to Paid-in Capital from Treasury Stock for $60,000 (30,000 * $2).

For b., the balance in paid-in capital from sale of treasury stock on December 31 of the current year would be $210,000. This is calculated as follows: Beginning balance of $0 + $270,000 from April 30 sale - $60,000 from August 22 sale.

c. Lava lake might have repurchased its shares for a number of reasons: To increase its stock price by reducing the number of outstanding shares, to have shares on hand to distribute to employees under stock bonus plans or to use in future corporate acquisitions.

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a.

- Feb 11: Treasury Stock 3,060,000 / Cash 3,060,000

- Apr 30: Cash 1,800,000 / Treasury Stock 1,530,000 / Paid-in Capital 270,000

- Aug 22: Cash 450,000 / Paid-in Capital 60,000 / Treasury Stock 510,000

b. $210,000

c. Increase EPS, employee compensation, prevent takeovers, return capital, increase stock price.

a. Journalize the transactions:

1. February 11:

 

Dr Cash                              $3,060,000   (180,000 shares x $17 per share)

Cr Common Stock             $3,060,000

 

  - Issued 180,000 shares of common stock at $17 per share.

2. April 30:

 

  Dr Cash                              $1,800,000   (90,000 shares x $20 per share)

  Dr Treasury Stock              $1,530,000   (90,000 shares x $17 per share)

  Cr Common Stock              $3,060,000

 

  - Sold 90,000 reacquired shares at $20 per share.

  - Removed the treasury stock at its cost ($17 per share).

3. August 22:

 

  Dr Cash                                $450,000   (30,000 shares x $15 per share)

 Cr Common Stock                $450,000

 

  - Sold 30,000 shares at $15 per share.

b. Balance in Paid-in Capital from Sale of Treasury Stock on December 31:

To calculate the balance in paid-in capital from the sale of treasury stock on December 31, we need to determine the net effect of the treasury stock transactions:

- Initial sale of 180,000 shares at $17 per share: $3,060,000 (credited to Common Stock)

- Sale of 90,000 reacquired shares at $20 per share: $1,800,000 (debited to Cash) and $1,530,000 (credited to Treasury Stock)

- Sale of 30,000 shares at $15 per share: $450,000 (credited to Common Stock)

Net effect on Common Stock: $3,060,000 - $450,000 = $2,610,000

Net effect on Treasury Stock: $1,530,000

Therefore, the balance in Paid-in Capital from Sale of Treasury Stock on December 31 is $1,530,000.

c. Reasons for purchasing treasury stock:

1. Market Support: Purchasing treasury stock can provide support to the stock price by reducing the supply of outstanding shares in the market.

2. Investment Opportunity: The company may view its stock as undervalued and purchasing treasury stock can be seen as an investment in the company's own shares.

3. Employee Stock Options: To have shares available for employee stock option plans or other equity-based compensation programs.

4. Corporate Restructuring: As part of a strategic restructuring or merger, the company may repurchase shares to adjust its capital structure.

5. Earnings Per Share (EPS) Enhancement: By reducing the number of outstanding shares, EPS can be increased, which may be favorable to shareholders.

6. Signal of Confidence: Repurchasing shares can signal confidence in the company's financial health and future prospects to investors.

__________ is any direct and personal communication with customers to assess and satisfy their needs and wants. Personal training and sports instruction are good examples of selling a service in the area of sports.

Answers

Answer:

Selling

Explanation:

Selling is any direct and personal communication with customers to assess and satisfy their needs and wants. Personal training and sports instruction are good examples of selling a service in the area of sports.

Characterize the following actions of a firm as financing, investing, or operating activities: Scenario Operating Activity Investing Activity Financing Activity

__Sells a tract of land it has held for years
__Increases its use of trade credit from suppliers
__Improves profit margin and increases net income
__Issues new shares of preferred stock
__Tightens its credit policy with its customers
__Buys back shares of common stock
__Buys new equipment and machinery Issues new notes payable

Answers

Answer:

1. Sells a tract of land it has held for years  - Investing Activity

2. Increases its use of trade credit from suppliers  - Operating activity

3. Improves profit margin and increases net income  - Operating activity

4. Issues new shares of preferred stock  - Financing activity

5. Tightens its credit policy with its customers  - Operating activity

6. Buys back shares of common stock  - Financing activity

7. Buys new equipment and machinery - Investing Activity

8. Issues new notes payable - Financing activity

Final answer:

The actions of selling land, buying equipment, issuing stock, or issuing notes payable are classified as investing and financing activities, while improving profit margin, increasing use of trade credit, and tightening credit policy are operating or financing activities.

Explanation:

When classifying actions of a firm among financing activities, investing activities, and operating activities, we refer to the cash flows related to those actions as they appear on a company's cash flow statement.

Sells a tract of land it has held for years - This is an example of an investing activity as it typically involves the sale of a long-term asset.Increases its use of trade credit from suppliers - This action is related to financing activities because it involves changing the terms through which the firm finances its operations, i.e., by using more credit.Improves profit margin and increases net income - These are indications of operating activities since they directly relate to the firm's principal revenue-generating activities.Issues new shares of preferred stock - Issuing stock is clearly a financing activity, as it involves raising capital directly from investors.Tightens its credit policy with its customers - Tightening credit policy is related to operating activities, as it impacts the terms on which the firm conducts business with its customers.Buy backs shares of common stock - This is a financing activity, as it pertains to managing the firm's capital structure and returning capital to shareholders.Buy new equipment and machinery - Purchasing equipment is an investing activity, it involves the outlay of funds for a long-term asset.Issues new notes payable - This is a form of financing activity, as it involves raising capital through borrowing.

You are a junior in high school and have always been fascinated with bridges. You think it would be great to build bridges for a living but have no idea that you should study engineering in college to accomplish this goal. You've decided that it's time to talk to someone who can help you plan for college and give you guidance and the information you need. Who should you talk to?

Answers

You should meet with your high school counselor, career advisor

Answer:

school psychologist

Bonds that can be redeemed at par at the option of their holders either at specific date after the date of issue and every 1 to 5 years thereafter or when and if the firm takes specified actions such as being acquired, acquiring another company, or issuing a large amount of additional debt are called ________.

Answers

Answer:

putable bond

Explanation:

According to my research on different financial investments, I can say that based on the information provided within the question the term  being described is called a puttable bond. Like mentioned in the question this is a bond in which entitles the bondholder to return or redeemed the bond to the issuer on specified dates before its maturity date.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

Each customer entering a department store will either buy or not buy some merchandise. An experiment consists of following 4 customers and determining whether or not they purchase any merchandise. How many sample points exist in the above experiment? (Note that each customer is either a purchaser or non-purchaser.)
A. 2B. 4C. 6D. 8E. none of the above

Answers

Final answer:

The experiment consists of following 4 customers and determining whether or not they purchase any merchandise. The total number of sample points is 14.

Explanation:

To determine the number of sample points in the experiment, we need to consider the number of options each customer has: to buy or not to buy. For each customer, there are 2 possible outcomes. Since there are 4 customers in total, the total number of sample points is equal to 2 multiplied by itself 4 times, which is 2^4 = 16.

However, we need to remember that each customer can either buy or not buy, so the sample points that represent all customers not buying any merchandise or all customers buying merchandise are not possible. Therefore, we subtract these two unrealistic scenarios from the total number of sample points, giving us 16 - 2 = 14.

Therefore, there are 14 sample points in the above experiment. So, the correct answer is E. none of the above.

Economic models​ are:
A. simplified versions of reality designed to analyze​ "what is" to explain human decision making in a business context.
B. complex mathematical formulas designed to forecast future economic events such as inflation.
C. simplified versions of reality designed to analyze​ "what is" to explain human decision making in any context.
D. simplified versions of reality designed to analyze​ "what ought to​ be" to help the government improve outcomes. E.

Answers

Answer:

B.

Explanation:

This is quite a trick question. Because no matter how complex the mathematical formula gets, and it can get really complex, an economic model IS a simplified version of reality.

But B is the most acurate because it's the more general, "forecast future economic events" can be broad set of things,

Some times it models decision making, some time it doesn't. Some times models "what is" and some times "what ought to be".

Mrs. Jamieson, a retiree, likes to invest in preferred stocks and bonds as it involves very little risk. She knows that the value of many of these stocks will not increase drastically, but the small returns help supplement her pension. Mrs. Jamieson's approach is an example of the market timing strategy. True or false?

Answers

Answer:

False

Explanation:

Market timing refers to the process of buying and selling an asset on the best moment during a period of time, so the profit made is the best possible on that period, it not necessarily happens when an investment is made in lower risk assets. For example an asset value on January 1st was 100 you sold it on January 15th for 150 so your profit was 50, that asset closed at 120 on January 31st so you had a very good timing selling on 15th

Suppose that Congress enacts a significant tax cut with the expectation that this action will stimulate aggregate demand and push up real GDP in the short run. In​ fact, however, neither real GDP nor the price level changes significantly as a result of the tax cut. This outcome can be explained by all of the​ following, except one. Which one of the following is the​ exception? A. The Ricardian Equivalence Theorem. B. Indirect crowding out. C. Automatic stabilizers. D. The​ Fed's contractionary monetary policy.

Answers

Answer:

C.

Explanation:

Automatic stabilizers are line items that automatically move the budget balance toward deficit when the output gap is negative and toward surplus when it is positive, even if there are no changes in tax or spending laws.

For example, income tax revenue increase when the economy expands, pushing the balance toward surplus. Or, unemployment benefits increase when the economy is in recession, pushing the balance into deficit.

By adding to aggregate demand during downtums, automatic stabilizers moderate the business cycle.

What factors into the opportunity cost for a decision? time spent due to the decision the sum of all benefits from all foregone alternatives benefits from the best foregone alternative the difference between the benefits of the first and second best choices actual financial cost of the decision

Answers

Final answer:

Opportunity cost is calculated primarily from the benefits of the next best foregone alternative when a decision is made. The concept considers the highest value forgone option when a choice is made. Financial cost and time spent can also factor in.

Explanation:

The opportunity cost for a decision primarily involves considering the benefits from the next best alternative that is forgone when a choice is made. This is the highest value option that is not chosen. In addition, other factors can factor into opportunity cost, including the actual financial cost of the decision, the time spent due to the decision, and potentially the sum of benefits from all foregone alternatives. However, these additional factors are typically secondary, as the concept of opportunity cost is meant to capture the value of the single best alternative forgone.

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Which of the following is correct concerning recessions?
a. They are associated with comparatively large increases in investment spending.
b. They tend to be associated with rising unemployment rates.
c. They come at fairly regular and predictable intervals.
d. They are any period when real GDP growth is less than average.

Answers

Answer:

The answer is B They tend to be associated with rising unemployment rates.

Explanation:

Recessions are defined in economics as to consecutive quarters where real GDP is negative. So there must be two periods of comparison so D  is not true as is not compared with average GDP. Recession are not predictable and can be associated to undetermined or nation wide events difficult to predict like war or falls of stock exchanges markets.  In contrary, investment tends to decline and not increase in recessions as capital flows of investors tend to leave the country to other non risky assets. outside. However, as production is lower also the demand of labor by companies tends to be lower also , which produces generally higher levels of unemployment.

Suppose the Pleasant Corporation cuts the price of its American Girl dolls by 10 percent, and as a result, the quantity of the dolls sold increases by 25 percent. This indicates that the price elasticity of demand for the dolls over this range is:a. 2.5b. 0.4c. 0.5d. 5

Answers

Answer:

option (a) 2.5

Explanation:

Given:

Price cuts of dolls = 10 percent

Quantity of the dolls sold increases = 25 percent

Now,

Price elasticity of demand for dolls = [tex]\frac{\textup{Percentage change in Quantity sold}}{\textup{Percentage change in Price}}[/tex]

on substituting the respective values, we get

Price elasticity of demand for dolls = [tex]\frac25}{10}[/tex]

or

Price elasticity of demand for dolls = 2.5

Hence, the correct answer is option (a) 2.5

For a nation that only produces two​ goods, the maximum amounts of each of those goods that can be produced are represented by points on a production possibilities curve that are​ half-way between the vertical and horizontal axes.

a) True
b) False

Answers

Answer:

False

Explanation:

Say that you have the product A in the vertical axis and product B in horizontal axis.

The point in the curve which intersects the vertical axis means means that the nation produces all A and no B. In this case, the maximum amount of A is given by that point.

The same is truth when the curve intersects with the horizontal axis, at which point you maximize production of B and don't produce any A

Differences in the way people dress and act, their interactions with each other and with customers, and what qualities are expected and appreciated by their managers and company are examples of the _____.

Answers

Answer:

Organizational culture

Explanation:

Organizational culture refers to the values, beliefs and ways of interactions shared by people belonging to a particular organization. Ways people dress and their interaction varies from an organization to another. This eventually become a part of organizational culture that is followed by people throughout the organization.

An example of organizational culture is the kind of interaction between employees and client. Some follow formal chain of communication such as e-mails and fax while some follow informal means through text messages, chats and telephonic conversations.

Suppose that the only café in town can sell five fish dinners per night at a price of $10 each. If this monopoly firm wants to sell six fish dinners, it must reduce the price to $9 each. When the business pursues this strategy to increase sales, the marginal revenue from the sixth dinner sold is:
a. $4.
b. $54.
c. $9.
d. $50.

Answers

Answer:

a.$4

Explanation:

initial price of fish dinner per piece was= $10

no. of fish dinner sold = 5

total initial revenue= 5*10= $50

new price of fish dinner = $9

and now six  fish dinners are sold

new revenue= 6*9= $54

therefore the marginal revenue from the sixth dinner sold= 54-50= $4

hence option a is correct

It costs Orkid Company $17 of variable costs and $3 of fixed costs to produce its product. The company currently has unused capacity. The product sells for $25. Homer Industries offers to purchase 5,000 units at $19 each. In the deal, Orkid will incur special shipping costs of $1.50 per unit. If the special offer is accepted and produced with unused capacity, net income will:
A. increase $2,500.
B. decrease $5,000.
C. increase $10,000.
D. decrease $30,000.

Answers

Answer: Option (A) is correct.

Explanation:

Given that,

Variable costs = $17

Fixed costs to produce = $3

Product sells = $25

Homer Industries offers = 5,000 units

Unit selling price = $19

Shipping costs = $1.50 per unit

Net profit = Unit selling price - Variable costs - Shipping costs

                = $19  - $17 - $1.50

                = $0.50

Total increase in profit = 5000 units × Net profit

                                      = 5,000 × 0.50

                                      = $2,500

Pham can work as many or as few hours as she wants at the college bookstore for $9 per hour. But due to her hectic schedule, she has just 15 hours per week that she can spend working at either the bookstore or at other potential jobs. One potential job, at a caf�, will pay her $12 per hour for up to 6 hours per week. She has another job offer at a garage that will pay her $10 an hour for up to 5 hours per week. And she has a potential job at a daycare center that will pay her $8.50 per hour for as many hours as she can work. If her goal is to maximize the amount of money she can make each week, how many hours will she work at the bookstore?

Answers

Final answer:

To maximize her income, Pham should work 6 hours at the café, 5 hours at the garage, and 4 hours at the bookstore.

Explanation:

To maximize her weekly income, Pham should take the jobs that pay the most per hour first. Given the constraints, she should first work at the café for $12 per hour for 6 hours, earning $72. She should then work at the garage for $10 per hour for 5 hours, earning $50. This uses up 11 of her available 15 hours, leaving her with 4 hours to work at the bookstore at $9 per hour, earning $36. Therefore, Pham should work 4 hours at the bookstore to maximize her weekly income.

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The balance sheet identifies the productive resources (assets) that a firm uses to generate income, as well as the sources of funding from creditors (liabilities) and owners (shareholders' equity) that were used to buy the assets.A) TrueB) False

Answers

Answer:

A) True

Explanation:

The Balance Sheet is a snapshot of the financial situation of a company at the end of the accountable period. It shows which productive resources (assets) the company has for the development of its activities and how they are financed. Assets can be financed by external (Obligation with creditors – Liabilities) or internal sources (Issuing equity shares - Shareholders' equity). As every Asset must be financed either or both with Liabilities or Shareholders' equity, in the Balance Sheet, the accountable equation is represented.

When Marine Midland Bank sent market researchers with surveys door-to-door in the neighborhoods surrounding its branch banks to ask people with savings accounts why they did not also have checking accounts and credit cards with Marine Midland, they were gathering _______________.

a) Questionnaire data
b) Secondary data
c) Intercept data
d) Observational data
e) Nonprobability data

Answers

Answer:

The correct answer is a) Questionnaire data.

Explanation:

The questionnaire is a set of questions about the facts or aspects that interest in an evaluation, in an investigation or in any activity that requires the search for information. The questions are answered by the respondents. It is a fundamental instrument for obtaining data.

The questionnaire should be written once the objective of what is going to be asked, of what is needed for the investigation, of the data requested or of the characteristics to be evaluated has been determined.

The survey necessarily responds to what has been developed based on the specific objectives, so that the questions that are asked respond to the information that is desired to be obtained. The teacher should not rush into the preparation of the questionnaire because it is an essential piece in obtaining the proposed purposes.

The exam or test that is developed ‘type questionnaire’ should be performed when all respondents are in the same psychological situation and, in addition, doing everything possible so that their answers can be compared. To make a good questionnaire the experience plays a great role since the ability to make them is considered a profession.

Even though the nation faces political instability, the island of Frollik with its wide, expansive beaches is a destination hub for cruise lines. Recently, a large theme park company showed strong interest in buying land in Frollik with the intent of building a park targeted toward families. The company wants to make a commitment to Frollik, including the hiring of several hundred local employees. They’re using a global marketing strategy called ____________.

Answers

Answer:

The correct answer is foreign direct investment.

Explanation:

Foreign Direct Investment (FDI) consists of the capital investment by a natural person or a legal entity (institutions and public companies, private companies, etc.) in a foreign country. In the country of destination, this capital inflow can be made through the creation of new production plants or the participation in companies already established to form a subsidiary of the investment company. According to the OECD, FDI aims to exercise long-term control over the acquired or investee company, and the criteria established to define it is that the property acquired by the parent company be at least 10% of the subsidiary.

Suppose that each firm in an industry has a total cost curve given by TC = 7,000 + 50Q. The lowest average total cost of producing 1,000 units of output occurs when:
a. one firm produces all 1,000 units of output.
b. four firms each produce 250 units of output.
c. 10 firms each produce 100 units of output.
d. two firms each produce 500 units of output.

Answers

Answer:

The correct answer is a. one firm produces all 1,000 units of output.

Explanation:

The total cost TC to calculate the accounting equilibrium point PE considers the fixed costs FC that have no dependence on the quantity produced Q and the total variable costs CVT that depend on the quantity produced Q.

For example, a producer will pay the same amount for rent regardless of the amount he produces, but will incur a cost for raw materials that will vary according to the number of units produced.

The fixed costs do not depend on the volume of production, however, the variable costs do depend on the volume or level of production.

Compute cost of goods sold using the following information: Finished goods inventory, beginning $ 540 Cost of goods manufactured 4,400 Finished goods inventory, ending 950

Answers

un u get the numbers then subtract them and come good with the answer

A logical process of investigation includes:​
a. interrogating witnesses, taking numerous photos at the scene of the crime, interviewing the suspect, and taking accurate notes of the process.​
b. developing, arresting, and prosecuting a suspect.​
c. obtaining physical evidence legally, effectively interviewing witnesses, legally and effectively interrogating suspects, thoroughly developing leads, and recording all details.​
d. delegating assigned tasks, deciding who completes the initial investigation, and then turning the work over to the supervisor.

Answers

Answer:

c. obtaining physical evidence legally, effectively interviewing witnesses, legally and effectively interrogating suspects, thoroughly developing leads, and recording all details.​

Explanation:

A logical process of inquiry refers to a process of structuring thought according to the norms of logic that allows one to reach a certain conclusion or solve a problem. This type of process requires awareness and thought organization, and includes legally obtaining physical evidence, effectively interviewing witnesses, legally and effectively questioning suspects, thoroughly developing leads, and recording all details.

Final answer:

The logical process of investigation in a legal context, best described by option c, mirrors the structure of the scientific method, requiring evidence to be gathered and analyzed legally and systematically.

Explanation:

The question posed concerns the logical process of investigation in legal contexts. The best answer is c. obtaining physical evidence legally, effectively interviewing witnesses, legally and effectively interrogating suspects, thoroughly developing leads, and recording all details. This encompasses several key steps inherent in a methodical investigative process that aligns with legal standards and the pursuit of justice, comparable to the scientific method used in scientific inquiries, where observations lead to questions, formulation of hypotheses, testing, and conclusive analysis.

In the context of law enforcement and legal proceedings, investigations must adhere to strict legal guidelines to ensure the admissibility of evidence and to protect the rights of all parties involved. This rigorous process mirrors scientific investigations in its systematic approach to gathering and analyzing data to reach a well-supported conclusion.

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Why is supply chain planning such an important activity? Because it helps managers improve flows and control cost Because it makes the supply chain reactive and unstable Because it guarantees forecasting and inventory accuracy Because it provides "just-in-case" inventory and excess capacity

Answers

Answer:

Because it helps managers improve flows and control cost.

Explanation:

A supply chain is almost never perfect. Actually, it is more likely to be unstable and unorganized making the whole process inefficient. In order to prevent this, there are supply chain planners that are responsible for controlling inventory levels, forecasting sales and demand and, in general, optimizing the process of taking the goods from production all  the way to the final customer.

It is unlikely that a company can eliminate all uncertainty and guarantee accuracy in the forecasts and inventory. But it is an essential tool in order to have a better control of costs and flow of the information, financial resources and of course, the products.

Which of the following statements is true of workbench memory? a.It has unlimited duration.b.It is considered to be preattentive.c.It uses semantic coding to store information.d.It has limited capacity.

Answers

Answer:

d.It has limited capacity.

Explanation:

workbench memory  

It is a storage area in the memory system where the information is stored and encoded for long - term , and can be retrieved for the future use .

The capacity of a workbench memory is limited , hence , a particular amount of data can only be stored for future retrieval .

Hence , the correct statement for workbench memory is ( d ) .

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