Based on the cost of production hypothesis, after all, long-run adjustments are completed in a perfectly competitive market, the output will occur at each firm's minimum "average total cost where product price is equal to marginal revenue."
This is because the point at which the product price equals the Marginal Revenue is where additional revenue from selling an extra unit equals marginal revenue.
However, when marginal revenue surpasses marginal cost, the is considered to be a profit from commodity sold. These profits are sometimes referred Marginal benefits.
Also, when marginal revenue goes below the marginal cost, this is considered to be a loss.
Hence, in this case, it is concluded that the correct answer is "average total cost where product price is equal to marginal revenue."
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When forming a business strategy, the firm needs to compare the cost advantages and drivers of uniqueness across its different activities and compare with that of other firms. True False
What happens when a series of services is performed in sequence where the output rate of one becomes the input rate of the next
:
we can no longer use the simple formulas given in the textbook.
Explanation:
I found the answer in my Mcgraw Hill textbook chapter 10 waiting lines .
On October 1, X-it Company bought a new delivery truck for $30,000. X-it plans to use the truck for 4 years, after which it will be sold for $6,000. What is depreciation expense for the year ended December 31 that year using double-declining-balance
Answer:
$3,750
Explanation:
The truck was only used for 3 months of the year. Therefore, the 3 months of depreciation equals:
$3,750 = ($30,000 x 2/4 x 3/12)
the seven members of the board of governors of the federal reserve are appointed by
As the financial institution that takes charge of the monetary policies of the government, the Board of Governors' seven members of the Federal Reserve are appointed by the US President and confirmed by the Senate.
The Board of Governors, which has its office in Washington DC, is in charge of the supervision of the Federal Reserve Banks. It manages the government's monetary policies and issues various banking and consumer-credit regulations.
Thus, the seven members of the board are appointed by the US President and their nominations are confirmed by the US Senate.
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Apple's Steve Jobs had to convince the music industry of a very big change in how they marketed music - what was it
Answer:
to sell digital version of songs on itunes...
i think
if, after reflecting on the nature of leadership you decide that all leaders must treat their followers with respect, then you have identified a leadership model.
Answer:
Behavioral
Explanation:
Simone is writing a cover letter to Casey Jones, and is unsure of the employer's gender. How should she address her letter? a. Dear Casey Jones: b. To Whom It May Concern: c. Dear Hiring Manager: d. Dear Mr. /Ms. Jones: Please select the best answer from the choices provided A B C D.
Answer:
a. Dear Casey Jones
Explanation:
The most polite one
Answer:
I believe it is "Dear hiring manager"
Explanation:
the lessons said so
fiona felt like there were not enough potential customers for her to earn a good living as a commission-based sales agent. therefore, fiona left that job and found work as an insurance claims agent, a more structured job. fiona could be described as having
The generalized self effacy scale is centered on the the general belief in oneself to handle or slove problems and reach goals. Fiona could be described as having Self-efficacy.
Self-efficacy is simply known as the belief that an individual can achieve their goals they have, whether that is solving a puzzle.
Bandura (1997) stated four sources of self-efficacy and they are mastery experiences, vicarious experiences, verbal persuasion, and physiological and affective states.For example, an individual who has a high level of self-efficacy in Structured jobs will feel confident in their ability to make more money in that field.
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Based on what Fiona did in response to her situation, she can be said to have a. an external locus of control.
An external locus of control:
Means that the person blames other things for any success or failure they have Means that a person takes action to correct their external environment instead of internal thingsFiona in this case blamed her inability to make enough on the external factor of not having enough customers. She then changed careers because of this.
We can therefore conclude that Fiona has an external locus of control.
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Options for this question:
a. an external locus of control.
b. high self-esteem.
c. emotional intelligence.
d. generalized self-efficacy.
Which is NOT something you should look for in a savings account?
a) Low (or no) monthly fee
b) Rewards for using your debit card
c) Free online banking
d) Competitive interest rate
Answer:
b) Rewards for using your debit card
Explanation:
If it’s a saving account why would I using my debit?
to create strong partnering relationships, supply chain members must develop mutual trust, openly communicate, have common goals, recognize the benefits of interdependence, and
Supply chain members must build mutual trust, communicate openly, share common goals, recognize the benefits of interdependence, and be willing to invest in each other's success.
Through these competencies, partnering relationships will be stronger and more effective in achieving the organizational goals and targets of each member of the supply chain.
The supply chain network comprises:
ProducersSellersWarehousesTransport companiesDistribution centersRetailersIt is essential that the relationship between a company and its suppliers is integrated and that one member contributes to the other's success, as each step of the supply chain is related to another.
Therefore, as the supply chain is a cycle, each step will impact the activities of the next step, requiring the integration of members and maintaining the quality of the product cycle until reaching the end customer.
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Explain why it is important for
entrepreneurs to talk with industry
experts when developing the new
business concepts
Explanation:
Cause they are expert in that kind of task will make thing look faster and easy to deal with while having any problems that arise on the long run of the business, experts will have a ways of making solutions to that cause they have deal with series of serious issues relating to that
Tshering enterprise limited is planning to increase its sale by 30% in the next quarter.Identify the feature of management hight-lighted in the given statement.
Answer: management is a goal oriented process
Question 4 of 4
What method of accessing a scaffold is unsafe and should never be used?
Using a ladder
Climbing a stair tower
Using a ramp
Climbing on cross braces
Mute
Forward
> CareerSafe
A method of accessing a scaffold that is unsafe and should never be used is Climbing on cross braces.
Climbing the structural braces of a scaffold has been ruled as unsafe and therefore it is highly forbidden. OSHA regulatory standards doess not permit this.
But it gives the permission to gain direct access through a different scaffold or a different structure.
Portable ladders, hook-on ladders, attachable ladders and ramps may also be used if non of these are available.
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Shelia does quality control for a company that manufactures lawn mower parts. On any given day, she finds the probability distribution for defective parts as shown in the table. Using the data from the table, what is the probability of having 2 defective parts in a day?.
Answer:
part 1 answer is: 0.04 part 2: 0.15
Explanation:
just did it on edge
From the question and the table made available, the probability of having 2 defective parts in a day is 0.04.
What is probability?This is a term that is used in statistics to show the chances that something is going to occur.
The probability of two defective parts happening in a day on this table if 0.04
P(X) = P(2) = 0.04
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Jorge, the marketing manager for an automobile manufacturer, observes frequent conflicts between two of his subordinates, Taylor and Liu. He asks the human resource department to help, and the department's training manager investigates. She tells Jorge that the two subordinates lack interpersonal communication skills but would be likely to improve with proper training. This scenario suggests that the training manager has conducted a(n) __________ analysis.
The training manager in the scenario described has identified that both employees needs training and the type of training they need. Hence, he has conducted a person analysis.
Person analysis requires that the behavior and attitude of employees or an individuals are observed in other to depict which of the employees lacks a certain office or work training, after which they type of training required is then laid out.
Hence, these set of study on employees refers to person analysis.
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increased visibility, tracking, traceability and higher quality are all attributes of what type of benefits for tracking items using rfid tags?
The operational benefit is benefit offered by the rfid tags because of its attributes of increasing visibility, tracking etc
Operational benefit refers to something that reduces use of manpower, improves work accuracy, reduces operational costs etc
The rfid tags are used in inventory tracking and works by using electromagnetic fields to identify and track tags attached to the products.
Therefore, the rfid tags offered the benefit known as Operational benefit because of its attribute including increased visibility, tracking, traceability, higher quality etc.
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How does Truth-in-lending benefit consumers when shopping for a loan? a. Truth-in-lending allows consumers to be frank with the lenders and talk about very personal things. B. Truth-in-lending requires all lending institutions to eventually convert all of their loans to fixed interest rates. C. Truth-in-lending requires consumers to admit whether or not they can actually afford the loan they’re applying for. D. Truth-in-lending allows consumers to know every cost that is associated with the loans they research and apply for, and helps them reach the optimal decision.
Answer:
A
Explanation:
Truth-in-lending allows consumers to be frank with the lenders and talk about very important things
Answer: D
Explanation:
Truth-in-lending allows consumers to know every cost that is associated with the loans they research and apply for, and helps them reach the optimal decision.
taking the test rn edge 21-22
A certain manufacturing process might 5 hours in the best-case scenario, 7 hours in the most likely situation, or 10 hours under the worst possible circumst
approximately the most realistic duration the process might take according to PERT?
OA.
5 hours
OB.
6 hours
OC. 7 hours
OD. 8 hours
Answer:
i think its 6 hours
Explanation:
Downward influence is best achieved through A. citing the firm's goals. B. forming alliances. C. an inspiring vision. D. forming support networks.
Answer:
B. forming alliances
Explanation:
4. You hire three individuals as independent contractors (gardener, hairdresser, handyman). What is the maximum you can annually pay each and NOT be required to report the earnings to the IRS on a Form 1099-MISC?
A. I don't know
B. $0 - I am not required to report their earnings because they are independent contractors
C. $259
D. $499
E. $599
F. $1,899
Answer:
c
Explanation:
Property received through a contribution is to be recognized at its fair market value and offset with a credit entry to a: Additional Paid-in Capital account. Contribution Revenue account. Miscellaneous Gain account. Paid-in Capital account.
Answer:
additional paid in capital accound
The entry to record the issuance of 100,000 shares of $0.10 par value common stock for $10 per share is debit ______.
The entry to record the issuance of 100,000 shares of $0.10 par value common stock for $10 per share will be:
Debit Cash for $1,000,000.Debit common stock $10000Debit Additional paid-in-capital $990000.Based on the information given in the question, the amount that will be calculated for cash will be:
= 100000 × $10
= $1000000
Common stock will be:
= 100000 × $0.10
= $10,000
Additional paid in capital will be:
= $1,000,000 - $10,000
= $990,000
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In March, stockholders of Herbalife Nutrition approved a 2-for-1 stock split. After the split, how many shares of Herbalife stock will an investor have if she or he owned 160 shares before the split
The number of shares that an investor will have after split is 320 shares.
Stock split refers to when a company divides its existing shares into multiple shares.
Here, we are to find the number of shares that an investor will own.Given Information
Stock split rate = 2-for-1 stock split (2/1)
Share holding before split = 160 shares
Number of shares after the split = Share holding before split * Stock split rate
Number of shares after the split = 160 shares * 2/1
Number of shares after the split = 320 shares
Therefore, the number of shares that an investor will have after split is 320 shares.
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A food product is pulled from the consumer market after preliminary testing, before data conclusively proves that it causes pancreatic cancer. This is an example of:
Answer:
The precautionary principle
Explanation:
What is operations management and its role?
In its broadest sense, operations management is responsible for all aspects of creating goods and services. It manages resources such as materials, machines, technology, and people, and makes products and services that the marketplace wants.
At both large and small organizations, operations managers supervise, hire, and train employees, manage quality assurance programs, strategize process improvements, and more. Operations managers are ultimately responsible for maintaining and increasing the efficiency of a business, agency, or organization.
- INTELLIGENT answerer
Innovations like the mass production of cars can create economies of scale. However, over time this benefit becomes less meaningful because:
Answer:
other companies copy the processes
Explanation:
Producing output at the lowest possible total cost per unit of production is: Multiple choice question.
Efficiency is defined as the production of output at the lowest possible total cost per unit of production.
Efficiency involves maximizing all the benefits and importance of the 4
labors of production such as Land, Capital and Labor. When this occurs
efficiency is achieved and the cost of production decreases.
The decrease in the cost of production thereby gives rise to a corresponding increase in profit.
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It's better to use a debit card instead of a credit card when making online purchases. *1 pointTrueFalse
Answer:
F
Explanation:
what is Communication,
to file your federal and state taxes you ____________
Taxes are often paid to government from our income. To File a Federal and State Income Tax Return, one must first need to find out how much money made the previous year. Then one need to decide if to take the standard deduction or itemize your return. Finally, you'll need to submit everything.
Steps to take so as to File a Tax Return
Try and compile your paperwork, including A W-2 form from each employer, other earning and interest statements etc.Then one need to Choose your filing status. Filing status is often based on if you're married. The percentage you pay toward household expenses also affects your filing status. The individual has to decide how you want to file your taxes. The IRS often recommends using tax preparation software to e-file for the easiest and most accurate returns. Find out if one is taking the standard deduction or itemizing your return.If an individual owe any money, learn how to make a tax payment and also apply for a payment plan.
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Answer:
must prepare the same tax forms for both
Explanation:
trust (i did this quiz 4 times thru to get the right answer)