The total cost curve would rigorously move up by the amount of the change if fixed costs increased. Both the overall income curve and the whole expense curve would remain unchanged. As a result, the production that maximizes profit would not change.
How Do Fixed and Variable Costs Affect the Marginal Cost of Production?
Both fixed and variable expenses make to an organization's overall cost. Only when variable costs are present can fixed costs and variable costs have an impact on the marginal cost of production. By dividing the change in the total cost by a one-unit change in the manufacturing output level, the marginal cost of production is determined. The calculation establishes the manufacturing cost for an additional unit of the good. It is helpful in determining when a company will be able to realize economies of scale.
The additional cost of manufacturing only one more unit is referred to as the marginal cost of production.
Since fixed expenses normally do not change as the number of units increases, they have little impact on the marginal cost of production.
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project management is a necessary discipline in many businesses because: multiple select question. corporate priorities are expanding to include environmental and social issues. new products must be developed and introduced to the market quickly. projects play an increasing role in the strategic direction of firms. few college programs are teaching project management.
Statements given a , b and c are correct choices of this question.
Project management is an essential discipline in a wide range of businesses that provides leadership and directions to projects in order to deliver best work by creating short term and long term project plans.
A brief explanation of correct choices are as follows:
a. Corporate prioritizes are growing to include environmental and social issues:
The environmental and social factors such as disasters, financial and economic shifts, access to technology, market trends, people norms and values, and culture of the society can have a direct and indirect influence on projects. It is the project management that provides contingency strategies in place to ensure the least possible negative influence to project success.
b. New services and products must be developed and introduced to the market quickly
Missing deadlines result in incomplete deliverables, in turn that expand the time to complete the project and launch it into the market. It is the project management that provides help to develop and introduce new products to market quickly, which is the most critical factor to businesses success.
c. Projects play a significant role in the strategic direction of firms
As a discipline, project management provides strategic directions to align projects with enterprise’s plan. Such as it specifies requirements and establishes achievable objectives; prioritizes the sequence of tasks to meet stakeholders’ expectations and organization’s goals; stimulates team collaboration; offers ways to identify and mitigate risks and challenges; and balances competing demands of quality, scope, time and cost.
The option d is false because, nowadays, Project Management as an academic discipline has been acknowledged and is being taught in many colleges and universities.
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when supplies are purchased on credit it means that: (check all that apply.) multiple select question. the business will pay for the supplies at a later time. the business will be paying for the supplies right away. the accounts payable account will be increased. a liability has been incurred.
The purchase of suppliers by a business on credit means that:
the business will pay for the supplies at a later time. the accounts payable account will be increased. a liability has been incurred.What happens when supplies are on credit?When a company buys supplies on credit then it means that they are yet to pay for these supplies and will pay for them at a later date.
This means that the company has incurred liabilities because they owe for the supplies. The result of this would be an increase in the liability account of accounts payable.
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Mario is a skilled jet flyer that was recently hired by Meagan who is starting an airline business that allows travelers to travel to small cities at half the price of Delta Airlines flights. Which factor of production is Mario?
A . Entrepreneurship
B . Labor
C . Capital
D . Land
Answer:
B . Labor
Explanation:
Labor refers to human efforts or contribution to the production process. Human beings provide skills, knowledge, experience, energy, and time in making products or in the provisions of services. Human beings are compensated with salaries, wages, and other benefits in exchange for labor.
Marion will be employed as a pilot. Meagan requires the skills of a person to offer services to customers. Mario will be providing labor services.
Some large publishers have stopped publishing children’s books because they are expensive to produce and distribute. This is an example of an offensive strategy. True or false?.
Answer:
False
Explanation:
it cost roughly around 5k to produce 100k+ books and they make roughly 65k
When someone makes a choice, what are all the other alternatives that are given up by making that choice called?
When someone makes a choice, what are all the other alternatives that are given up by making that choice called trade-offs.
All of economics is about tradeoffs. Any circumstance where choosing one course of action results in giving up another, often foregoing a reward or opportunity, is referred to as a tradeoff. A bonus in one area must be a minus in another, and in these zero-sum circumstances we encounter tradeoffs. The investigation of how humans distribute limited resources and bargain over opportunity costs is a central tenet of economic theory.
If we apply economic principles to resources other than money, economics provides instruments that we may utilize as guides for achieving our goals in life. Even while we all understand that money isn't limitless, we frequently treat our time, energy, and attention as if they are.
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If the police want to enter a home to find evidence, what must they request?
A. An affidavit of probable cause
O B. A search warrant
O
C. A witness' testimony
о D. A motion for arraignment
SUBM
Answer:
B. A search warrant
Explanation:
hope it helps
A person who holds him- or herself out as a specialist or knowledgeable in a certain type of business is one type of
O negotiator
O offeree
O merchant
buyer
Answer:
Merchant
Explanation:
Gus decides to park his canmper in an empty overgrown lot and connects wires from his camper to an electric pole to obtain electricity. Because
Gus's actions in connecting wires more than likely violate a county ordinance or state law preventing individuals from connecting wires to power
cables installed by the electric company, Gus is liable for
fraud
O trespass
O nuisance
O negligence
Answer:
negligence
Explanation:
Answer:
It was trespass on edge quiz
Explanation:
growth of international business drag each general charactyeristic on the left to the driver of globalization it is most associated with
Each general characteristic on the left is pulled toward the driver of globalization with which it is most associated by the expansion of international business. competitive drivers.
What are competitive drivers?competitive motorists are determined by the actions of rival companies, such as the degree to which they cross continents to compete, expand their corporate capabilities globally, and interconnect geographical markets. public transportation.
What are the competitive drivers of globalization?The development of ICT and the spread of technology have been identified as the primary drivers of economic globalization that have an impact on the competitive environment. Other important factors include lower trade barriers, lower transportation costs, lower communication costs, and lower trade barriers.
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when making the decision to hire a new employee, which selection method has low reliability and validity
Reference checks are not very reliable, particularly if they are based on letters. These are also not very valid.
Reference checks often comprise contacting the applicant's previous employers, supervisors, coworkers, and instructors in order to confirm prior employment and learn more about the applicant's knowledge, abilities, talents, and character.In what way are reference checks modulated?Remember that when a recruitment company approaches your references, it's almost usually a good sign, so you can rest.A reference check, according to Foss, frequently signifies that a hiring manager is about to provide an offer to a candidate and wants one last confirmation that you are the right fit for their business. that you are the proper match for their organization.To Learn more about Selection Process , Click the links.
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is an arrangement under which an investment banker agrees to purchase all shares of a public offering at an agreed-upon price. a. a mutual fund b. alternative trading c. a convertible security d. underwriting
Investment bankers advise businesses and, in certain situations, governments on financial matters.
What is Investment Banker?
They assist their clients in fund raising. That could entail issuing stock, putting a bond on the market, negotiating the purchase of a competing business, or setting up the sale of the firm as a whole. Famously, investment bankers play a major part in the initial public offers (IPOs) of emerging companies getting ready to go public.
What is A Private Placement?
A private placement is when stock or bonds are sold to institutions and investors who have been hand-picked rather than on the open market. It is a substitute for an initial public offering (IPO) for a business looking to raise money for growth.
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An increase in the prices of inputs will cause the equilibrium price to ______________ and the equilibrium quantity to ______________.
Answer: 1. increase 2. decrease Hope this helps!
Tony earned a bachelor's degree at a public school. Which type of higher education institution did he attend?
A.
A 2-year college.
B.
A propriety school.
C.
A theological school.
D.
A 4-year university.
Answer:
D
Explanation:
Bachelor Degree is 4 years
Answer:
D.
A 4-year university.
Explanation:
What feature of demand curves is explained by the law of diminishing marginal utility.
Law of diminishing marginal utility explains about the slopes of demand curves.
As the amount of an item with a consumer increases, the marginal value of the goods to him expressed in terms of money declines, and the marginal advantage of utilising each more unit of that product within a given period also declines.
The Idea of declining prices is intimately related to the law of diminishing marginal utility. As a product’s usage rises, its utility declines. As it may turn completely unfavourable to consume another unit of any product, the marginal utility may go below zero and turn into negative utility. Because of this, the initial unit of consumption of any goods is usually the most valuable, and subsequent units of consumption carry decreasing amounts of value.
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Waller Comp, purchased equipment for S24,000. The company is constdenne whether to determine annual depreciation using the straight-lane method or the declitung-balance method at 150 percent of the straight-1,1e tate. Waller expects to use the equipment for 10 years. At the end of which it will have an estimated salvage valueef 54.000. Prepare a comparison of these IWO alternatives for the fast two yews Waller will oun the equipment
Answer:
Waller Company
Comparison of Straight-line Depreciation and Declining Balance Methods
Straight-line method Declining balance method
Cost of equipment $24,000 $24,000
1st year depreciation exp. 1,860 2,760
Net book value 22,140 21,240
2nd year depreciation exp. 1,860 2,371.50
Ner book value 20,280 18,868.50
Explanation:
a) Data and Calculations:
Cost of purchased equipment = $24,000
Duration of useful life = 10 years
Estimated salvage value = $5,400
Depreciable amount under the straight-line method = $18,600
Depreciation expense per year under the straight-line method = $1,860 ($18,600/10)
Under the declining balance method:
The depreciation rate = 10% * 150% = 15% per year
Depreciation expense for the first two years:
Year 1, 15% of $18,600 = $2,760
Year 2, 15% of ($18,600 - 2,760) = $2,371.50
the grange and farmers’ alliances differed in their views on the regulation of business. their commitment to political action. their efforts to provid
The farmers' alliance and the grange held different opinions about their dedication to political engagement.
What was the Farmer's alliance?American farmers united themselves into the Farmers' Alliance, which grew and prospered around 1875. The National Farmers' Alliance and Industrial Union, which represented white farmers in the South, the National Farmers' Alliance, which represented white and black farmers in the Midwest and High Plains, regions where the Granger movement had been active, and the Colored Farmers' National Alliance and Cooperative Union, which represented African American farmers in the South, were all part of the movement. The organization's objective was to eliminate the negative effects the crop-lien system had on farmers in the years after the American Civil War.
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Identify two examples of businesses that operate in the secondary sector
Answer:
car manufacturer & food production
Explanation:
If I am to leave a place at 12:00 am and it is 9:35 am now, How long until I leave at twelve?
beau buys a skateboard with a price tag of 85.5. the tax rate is 8%. how much does he pay, including tax
beau pays $92.64 as tax for the skateboard, including the amount of tax.
What is the tax rate?The proportion that a person or business is charged is known as a tax rate. It can differ on the commodity that is being purchased. It is often applied when a person is purchasing something or on his or her income.
The price of the skateboard = is $85.5
The rate of tax = 8%
The amount of tax = 85.5 x 8% = 6.84
The price including the tax = 85.5 + 6.84
Therefore the price paid will be $92.64
Beau has to pay a sum total of $92.64 to purchase the skateboard as the final price.
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external auditors examine financial statements to verify that they are prepared according to generally accepted accounting principles.
True. External auditors examine financial statements to verify that they are prepared according to generally accepted accounting principles.
External auditors examine clients' accounting records and render an opinion on whether financial reports are conveyed relatively in compliance with the entity's applicable accounting standards. They must establish whether accounting records are free from material misstatements caused by error or fraud.
The audited financial statements are then reviewed by several external users, such as creditors, investors, and government agencies. External auditors frequently provide tax and consultancy services as well as auditing. Individuals, government agencies, small businesses, corporations, and non-profit organizations qualify. External auditors can work for public accounting companies or work for themselves.
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.assume that corn is an input in the production of beef but not in the production of pork. further, beef and pork are substitutes. a decrease in the price of corn will: a. increase the supply of beef and increase the demand for pork b. decrease the supply of beef and increase the demand for pork c. decrease the supply of beef and decrease the demand for pork d. increase the supply of beef and decrease the demand for pork
So the option D (increase the supply of beef and decrease the demand for pork) is the correct answer.
Production of Beef and Pork
In 2021, the United States generated 28.06 billion pounds of beef and 27.7 billions pounds of pork, respectively. It was the highest amount of beef and second highest amount of pork ever produced in the USA. Only three times has the USA produced more pork than beef: in 2016, 2019, and 2020.
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based on your reading of the following, how do you warehouses manage ment systems help companies?
a. they organized inventory randomly
b.they organize inventory and logical and easy to manage ways
c.they identify which employees will make the best warehouse workers
d.the get the best prices for the items they order
Answer:
b.they organize inventory and logical and easy to manage ways
Explanation:
A warehouse management system or (WMS) is a complex computer application software designed to improve the efficiency of managing inventory and supplies in an organization. The warehouse management system tracks the movement of inventory from the warehouse to the distribution chain. The systems complement the existing warehouse procedures and processes. It enables processes such as receiving, picking, and issuing of inventory logical, faster, and more accurate.
mr. husker’s tuxedos corp. ended the year 2021 with an average collection period of 39 days. the firm’s credit sales for 2021 were $56.8 million.
Mr. husker’s tuxedos corp. ends the year 2021 with an average collection period of 39 days. So, the year end 2021 balance in accounts receivable for Mr. Husker’s Tuxedos is $6,069,041.
Given,
Average collection period = 39 days.
Firm’s credit sales = $56.8 million.
Accounts receivables = ?
So the year end 2021 balance in accounts receivable for Mr. Husker’s Tuxedos is calculated below
The Average collection period = (accounts receivables / credit sales) × 365
39 = (Accounts receivables / $56,800,000) x 365
365 accounts receivables = $56,800,000 × 39
= $2,215,200,000 / 365
= $6,069,041
Hence, accounts receivables is $6,069,041
Accounts receivable is the money which the customers owes a company for products or services that have been invoiced to them. So the total value of all accounts receivable is listed on the balance sheet as current assets.
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alicia and christine are doctors at a hospital and can each perform two tasks: open-heart surgery and liver transplants. alicia is more efficient than christine at both of these two tasks, but alicia has a lower opportunity cost in performing liver transplants. identify the actions that lead to the hospital seeing more patients.
The actions that would lead to the hospital seeing more patients would be based on the opportunity cost and the comparative advantage of the doctors.
How to get the actions that would give more patientsWe have been told that most of the time that Alicia has would be on liver transplants. She has a lower opportunity cost in doing this hence it would be better because she would see more that when she has to do heart surgery.
Christine has the comparative advantage in the performance of heart surgery so it would be better that she focuses on this because she would see more patients.
Hence Alicia has the lower comparative advantage in liver transplants and Christine has hers in heart surgery.
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Answer:
Correct:
Alicia spend most of her time doing liver transplants.
Christine spend most of her time in heart surgery.
Explanation:
Trust
the secret of a successful team is not to assemble the largest team possible, but rather to assemble a team that can
Additionally, teams require the ideal task and process design, the proper mix and quantity of members, and rules that discourage negative conduct and foster positive dynamics.
J. Richard Hackman, a pioneer in the field of organizational behavior who started researching teams in the 1970s, identified the fundamentals of effective teamwork. After more than 40 years of study, he made a ground-breaking discovery: team members' personalities, attitudes, and behavioral styles don't really matter when it comes to teamwork. Instead, specific "enabling conditions" are what teams require to succeed. For teams to succeed, having a clear direction, a solid structure, and a supportive environment are still essential.
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Under what conditions should a sponsor approve a project change, and when is it okay for the project manager to authorize a change? a. Sponsor approval is needed if a change requires additional funding; a project manager is generally authorized to make most other decisions b. Sponsor approval is needed only if the project manager is not available c. Sponsor approval is always needed d. Sponsor approval is needed if a change requires a change to the project charter; a project manager is generally authorized to make most other decisions
Answer:
never
Explanation:
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.
indicate on what financial statement you would find the following accounts: income statement (i/s), statement of retained earnings (sre), balance sheet (b/s) and/or the statement of cash flows (scf). a. interest income b. cash c. cash provided by operating activites d. service reveneue e. common stock f. dividends g. retained earnings, beginning of period h. accounts receivable i. interest expense j. income tax expense k. net cash used by investing activities l. equipment m. total stockholders equity n. bank loan payable
The correct answer to the given question is a cash flow statement.
What is a cash flow statement?A cash flow statement, also known as a statement of cash flows, is a financial statement used in financial accounting that breaks down the analysis into operating, investing, and financing activities. It illustrates how changes in balance sheet accounts and income affect cash and cash equivalents. A cash flow statement is a type of financial statement that gives total information about all of the cash inflows a business makes from continuing activities and outside investment sources. It also includes any cash outflows made within a specific period to cover investments and business expenses. An entity's cash flow statement (CFS) contains important data. It displays the flow of cash into and out of a business.
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which are the two additional coverages provided under the businessowners policy special form which are not provided under the standard form?
The two additional coverages offered by the businessowners policy special form—water damage and collapse—are not offered by the regular form.
Business Owner's Policy (BOP) Insurance: What Is It?
A Business Owner's Policy (BOP) is a type of business insurance that includes property and liability coverage. BOP insurance assists in protecting your company from claims brought forth by things like fire, theft, or other covered events.
The company owners policy premium is paid in what way?
The premium for your business owner's insurance can normally be paid in monthly or yearly installments. Although choosing a lower monthly payment may be alluring, think about paying the full cost. Since many insurers give discounts for yearly rates, businesses may typically save money this way.
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quizlet one way that long-term equity anticipation securities (leaps) differ from standard options is that they
Long term equity anticipation securities (LEAPS) have max expirations of 39 months though max is 39, most trade w a 30 month life cycle.
What is long-term equity?Long-term Equity is intended for privately held, entrepreneurial businesses looking for joint investors to assist their long-term sustainable performance.
Any asset's equity is the ownership remaining after all liabilities related to it have been paid off. For instance, if you owe $10,000 on a car you own that is worth $25,000, you have $15,000 in equity in the asset. It is the worth of or interest in assets held by the most novice class of investors.
Many forms of equity
Equity held by shareholders. The amount of assets distributed to shareholders after liabilities have been subtracted is known as shareholders' equity or simply shareholders' equity.
ownership equity
Common shares.
favored stock.
further capital contributions.
Government stock
Retained income.
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Erica's Country Furniture sells wooden chairs for $179.49. It buys the chairs from a craft shop for $87.49 each. Its overhead rate is 28%. What is the net profit rate for each chair?
Answer:
60.28%
Explanation:
The selling price per chair = $179.49
buying price per chair = $87.49
the overhead rate is 28%
Actual overheard = 28% x $87.49
=28/100 x 87.49
=0.28 x 87.49
=$24.4972
total cost price per chair = $87.49 + $24.4972
=$111.98
profit per chair
= $179.49 - $111.98
=67.51
Profitability rate = 67.51/111.98 x 100
=60.28%