If the market price is above or equal to the average cost, but below the average cost the firm should keep producing in the run even though it does so at a(n)
If the market price is above or equal to the average variable cost, but below the average total cost the firm should keep producing in the run even though it does so at a loss.
When should a firm shut down production?
A firm should continue production in the short run if the price is above the average variable cost even if price is below the average total cost. The short run is a period when at least one or more factors of production are fixed.
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Why are most economies in the world today considered mixed economies?.
Answer:
Why are most economies in the world today considered mixed economies? Most economies are considered mixed because most have some portion of the means of production under government control. Most economic systems also have some element of the market or capitalism.
Explanation:
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If the quantity supplied is greater than the quantity demanded, what must happen to the price in order to reach
equilibrium?
Answer:
the price of the product will decrease to meet equilibrium
Explanation:
in order to meet it, it has to decrease.
Answer:
The price of the product will decrease to meet equilibrium.
Explanation:
The price of the product will increase to meet equilibrium.
The price of the product will decrease to meet equilibrium.
Supply and demand must be raised.
Supply and demand must be lowered.
Maxine views her company as a grouping of departments that must work together and as a single entity that has customers, suppliers, and competitors. Maxine is utilizing: _____________
a. Total quality management.
b. A quantitative viewpoint.
c. Qualitative management.
d. A systems viewpoint
Maxine is utilizing a system's viewpoint when she views the company as a single entity.
What is System's viewpoint?This is defined as an open social systems that must interact with their environments in order to survive.
Maxine viewing the company as grouping of departments that must work together and as a single entity depicts system's viewpoint which was why option D was chosen as the most appropriate choice.
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Many companies around the globe voluntarily report their efforts in promoting environmental sustainability using the guidelines developed by the ________.
Environmental sustainability is promoted by many companies around the globe, using the guidelines developed by the Global Reporting Initiative.
What is environmental sustainability?Environmental sustainability refers to the capability of our environment to maintain all the biological systems and resources that support the living organisms on our Earth.
Environmental sustainability is important because of how much energy, food and human-made resources we use every day.
Hence, environmental sustainability is promoted using the guidelines developed by the Global Reporting Initiative.
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Because the government owns most of the urban land and uses it for fire, police, government buildings, parks, and roads, as well as holds zoning and tax violation rights over the rest, the government applies ____________ over urban land.
Based on the given scenario the government applies eminent domain over urban land.
What is eminent domain?Eminent domain can be defined as the way in which government take over private property or private land so as to turn those private property into public use.
Government can use eminent domain to collect a person or an individual property or land without the approval or consent of the owner of the property.
Inconclusion the government applies eminent domain over urban land.
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Which loan service is better a private loan or a federal loan?
A. Private
B. Federal
According to the cross-price elasticity of demand, when the price of DVD players drops, the demand for DVDs is likely to
Answer:increase
Explanation:
Which product most likely has a demand that is inelastic?.
Answer: utilities, prescription drugs, and tobacco products
Explanation: necessities and medical treatments tend to be inelastic
An online photo printing company can temporarily lose its e-commerce ubiquity if.
An online photo printing company can temporarily lose its e-commerce ubiquity if its website crashes as a result of a coding error or an attack by hackers.
What is E-Commerce Ubiquity?This refers to the ability of a company to give its customers unrestricted access to its products and service at all times.
Hence, we can note that an online photo printing company can temporarily lose its e-commerce ubiquity if the customers are unable to get access to its service as a result of its website crash and customers lose accessibility.
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A government institutes new measures in an attempt to limit inflation. To what macroeconomic goal is this action most directly related
When the government institutes new measures in an attempt to limit inflation, the macroeconomic goal it is directly related to is C. Stable Prices.
What is a macroeconomic goal?A macroeconomic goal is an achievement that an economy attains in order to maximize the standard of living of the people and achieve stable economic growth.
There are four macroeconomic goals, including:
Economic Growth Economic Stability Full employment Stable financial market.The macroeconomic goals are supported by the following objectives:
Minimizing unemploymentIncreasing productivityControlling inflation.Answer Options:A. Equity
B. Efficiency
C. Stable Prices
D. Full Employment
Thus, when the government institutes new measures in an attempt to limit inflation, the macroeconomic goal it is directly related to is C. Stable Prices.
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Which of the following is a term for physical goods that are bought and
sold?
An important feature of supply chain management is its application of sophisticated information technology that allows companies to.
The most significant feature of supply chain management is its application of sophisticated information technology.
What is supply chain management?
Supply chain management is the administration of the movement of goods and services and it encompasses all procedures that turn raw materials into finished items.
The most significant feature of supply chain management is its application of sophisticated information technology allows companies to:
Share and operate systems for border processing, Transportation schedules, inventory, andFacility management.It entails actively simplifying a company's inventory and supply processes in order to increase customer value and achieve a competitive edge in the industry.
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In which step of planning and executing an advertising campaign will a firm establish the metrics it will use to determine if the campaign is successful
The step at which a firm will set the metrics that will be used to determine if the campaign is successful is at the advertising objectives.
What is an advertising campaign?An advertising campaign is an outreach to prospective clients on different search engines or social media platforms showing a simple piece of information about a company's product or service rendered.
The main purpose of setting an advertising objective is to see and determine if the purpose for the creation of such an advertisement is being met.
The purpose could be to
Generate new leads, orRetarget returning customers. etc.Learn more about the advertising campaign here:
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________ are amounts owed to suppliers for products or services purchased on credit.
1 2 3 4 5 6 7
question #4
multiple choice
new urbanists believe that successful and sustainable communities are those in which people of all races and socioeconomic levels live
more closely together in areas of mixed land-use strategies that incorporate housing, retail, commercial, and administrative buildings in
the same municipal zones. which principle does new urbanism directly contradict?
1. euclidean zoning
2. contract zoning
3. incentive zoning
4. regional planning
Answer:
Food insecurity exists when communities experience inconsistent access to adequate food due to lack of money and other resources. While
Explanation:
Food insecurity exists when communities experience inconsistent access to adequate food due to lack of money and other resources. While
kb uses water treatment recycling technologies due to lack of rain
Answer:
hello and i am only putting this because i have to complete this
When profit targets are set by top managers, ______. Multiple select question. goals may be unrealistically high employee motivation will increase strategic direction may be insufficient too much slack may be allowed
When profit targets are set by top managers, goals may be unrealistically high and
too much slack may be allowed.
What is profits target?A profit target is that amount or point where an investor or organization will get to and they would have harness or get their profits over an investment.
At this point, the organization may exit the business but the target must be realistic.
Therefore, When profit targets are set by top managers, goals may be unrealistically high and
too much slack may be allowed.
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Select the education or qualification best demonstrated in each example.
Sadiq carefully prepares legal documents without making any mistakes.
To become a Lawyer, Kathleen earns a bachelor’s degree, then a three-year law degree.
Alice is a Judge who analyzes the evidence in a court case.
Travis is a Paralegal who gathers information for a Lawyer
Answer:
1. attention to detail
2. Juris Doctor degree
3. critical-thinking skills
4. research skills
Hope you have a good day ^w^
Answer:
The Answer is Below:
Explanation:
The three common types of checking accounts are basic, interest-bearing, and lifeline?
True
False
Answer:
True
Explanation:
Quizlet: Name three common types of checking account? basic checking account, interest-banking checking account, and Lifeline checking accounts.
What type of account is sales returns and allowances?.
Answer:
contra revenue account
PLS HELP FAST!! WILL GIVE THE BRAINLIEST!!! 25 POINTS!!! You have just read several theories about the causes of crime, and seen examples of how those theories might be used to prevent crime.
Which of these theories makes the most sense to you? Why?
Which of these theories made the least sense to you? Why?
The three major sociological theories which are the interactionist perspective, the conflict perspective, and the functionalist perspective. And each has its own distinct way of explaining various aspects of society and the human behavior within it.
Sociological theories on crimeThere are many different sociological theories about crime, however, there are four primary perspectives about deviance: Structural Functionalism, Social Strain Typology, Conflict Theory, and Labeling Theory.
The least theory of crimeSocial strain typology, developed by Robert K. Merton, is based upon two criteria: (1) a person's motivations or adherence to cultural goals; (2) a person's belief in how to attain her goals.
Therefore, it (social strain typology) is not within the confines of Criminal theories.
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Amounts received in advance from customers for future products or services are typically recorded in a liability account called _______.
Answer:Unearned Revenues
Explanation:Unearned revenues, or deferred revenues, are amounts received in advance from customers for future products or services. Also arise with airline tickets sales, magazine subscriptions, construction projects, hotel reservations, gift cards sales, and custom orders.
PLEASE HELPP!!!
upload your table, and explain if you believe all businesses should have the same promotional strategies. Why or why not?
Answer:
No they should not all have the same promotional strategies. Some businesses have different goals, and different strategies can serve different goals. Different goals could be spreading awareness/widening shopper demographics, creating more demand for your products, etc. There are different promotional strategies for different purposes.
Explanation:
Answer:
Businesses should use different types of promotional strategies. Most businesses have different goals, and each strategy serves specific goals. There are different promotional strategies for different purposes. A company should research the best strategy for its target market and end goal.
Explanation:
I take an highschool business class!
Please don't copy word for word, this is just for inspo!
CAN SOMEONE WITH SOME BUSINESS KNOWLEDGE HELP ME PLEASE!
The main business functions and their roles.
Review questions
1. Which business function is concerned with ensuring that products are produced to meet the quality standards expected by customers?
2. Name the business function involved in developing and selling products that meet customer needs.
3. Which sector is involved in making sure that the company has the employees it needs to run its operations?
4. Which business function is responsible for ensuring that the company has the funds it needs to carry out its operations?
5. Which business department is responsible for ensuring that employees are adequately compensated (salary-wage)?
6. Name the business function that must ensure that the correct quantity of a good or service is produced.
7. Which sector is responsible for researching and determining the wants and needs of different groups of consumers?
8. The management of the company wants to provide an extra benefit to its employees, other than a salary increase, for example, offering cafeteria and/or cafeteria service. What type of information should be consulted with each sector (HR, OPERATIONS, FINANCE AND MARKETING)?
THANK YOU FOR AT LEAST READING IT
Answer:
marketing is the business functions involved in developing and selling products that meet customer's need.
Suppose a firm receives $10 for selling one additional unit of its product but that additional unit costs the firm $1 to produce. The producer surplus for the additional unit of product is
The producer surplus from selling the additional unit of the product given the selling price and the cost of production is $9.
What is producer surplus?Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product. The least price the producer should be willing to collect is equal to the cost of production
Producer surplus = price – cost of proeuction
$10 - $1 = $9
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Suppose that monetary neutrality and the fisher effect both hold. An increase in the money supply growth rate increases.
Any increase in the money supply growth rate will increase the inflation rate and nominal interest rates if the monetary neutrality and the fisher effect both on hold.
What is monetary neutrality?The theory holds that the changes in the money supply only affect the general prices, but not overall economic productivity.
What is the fisher effect?The effect explains the relationship between inflation and real & nominal interest rates.
In conclusion, if the monetary neutrality and the fisher effect both hold, then, any increase in the money supply growth rate will increase the inflation rate and nominal interest rates
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When costs to purchase inventory are rising, using LIFO leads to reporting ______ cost of goods sold and ______ net income than FIFO.
When costs to purchase inventory are rising, using LIFO leads to reporting lower cost of goods sold and higher net income than FIFO.
LIFO and FIFOLIFO means last in last out while FIFO represent first in first out. In a situation were price of goods and service are falling using LIFO tend to assume that the newer and less expensive inventory is sold out first.
This tend to lead to lower cost of goods sold and higher net income.
Inconclusion when costs to purchase inventory are rising, using LIFO leads to reporting lower cost of goods sold and higher net income than FIFO.
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A strategy of ________ will be most beneficial for a firm to enhance its overall corporate performance.
Answer:
A strategy of related-linked diversification will be most beneficial for a firm to enhance its overall corporate performance.
Your annual budget to hire a social media team is $620,000. If each member on the team is paid $18/an hour and works a total of 2,040 hours per year, how many members can you hire for the team?
The number of team members you can hire based on your annual budget of $620,000 for the social media team is 16.
What is budgeting?Budgeting is the process of making a financial estimate of expected revenue and expenditure for a period.
Budgeting ensures that sufficient funds are made available and spending does not exceed the budgeted amount.
Data and Calculations:Annual budget for media team = $620,000
Member's rate per hour = $18
Total hours worked per year by a member = 2,040
A member's earnings per year = $36,720 ($18 x 2,040)
The number of team members to hire =16.9 ($620,000/$36,720)
Thus, the number of team members to hire for the social media team is 16.
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