Automobile manufacturing is an industry subject to significant economies of scale. Suppose there are four domestic auto manufacturers, but the demand for domestic autos is no more than 2.5 times the quantity produced at the bottom of the long-run average cost curve. What do you expect will happen to the domestic auto industry in the long run

Answers

Answer 1

Answer:

• One firm to have left.

• At least one will be suffering.

Explanation:

There are four companies in this scenario which means that demand should at least be 4 times the production for all of them to sell.

With demand at only 2.5 times, at least one company will not be selling enough cars to survive in the industry so they will exist.

Another one will stay but will face tough times because a demand of 2.5 times production will not be enough to Carter or three companies.


Related Questions

If the Forward Rate is expected to be an unbiased estimate of the future spot and Interest Rate Parity also holds, then: Group of answer choices Absolute forecast error would be zero Triangular arbitrage is not feasible Purchasing power parity holds Covered interest arbitrage is feasible International Fisher Equation holds

Answers

Answer:

International Fishers Equation holds.

Explanation:

If a forward exchange rate is an unbiased predictor of future spot rate then the forward rate will be equivalent to future spot spot rate. This hold international Fishers equation to be true as the interest rate parity and future spot are unbiased estimated of forward rate.

Please help

1. What are the disadvantages of labour intensive?​

Answers

Answer:

Labour intensive is when products are mainly produced by human workers.

...

Labour intensive.

Advantages Disadvantages

Less expensive machinery costs Skilled workers take time to train

Humans can use their own initiative and problem solve Skilled workers will be paid more than unskilled workers

Explanation:

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Task 1: An advertising technique that uses a new kind of technology to communicate its
message
Type your reponse here:


Task 2:
An advertising technique that is most effective at the point of sale (i.e. at the moment the
customer purchases the product)
Type your reponse here:


Task 3:
A real-world case study of a company that was legally penalized for making false advertising
claims
Type your reponse here:

Answers

Answer:

Task 1: Contextual Advertising

Task 2: Point of Sale Promotional Advertising technique

Task 3: Airborne Herbal supplement that claimed to have the keep germs and  bacteria to prevent common cold and flu

Explanation:

Task 1

Contextual advertising is a form of advertising that uses automated systems that references the identity and he content of the opened page to select and serve adverts on mobile platforms, websites and browsers, including on newly developed social media applications

AdSense is an example of contextual advertising

Task 2

Promotional marketing and advertisement are desirous to customers interested in buying more for less and includes 'deals', 'favorite items', and 'new arrivals'

Task 3

False advertising includes the making of insufficiently verified claims about products that can lead to being legally penalized

The effectiveness of Airborne to keep germs off germs away was being questioned by the Center for Science in Public Interest, due to the non existence of standard scientific studies to support the claim

Jerod is relatively new to Xenon Corporation and wants to make sure that he makes a good impression on his co-workers and supervisor. He agrees with the supervisor’s opinion most of the time and is always doing nice things for him. Jerod makes sure that he associates with the ‘right’ people and is constantly complimenting others about their good work.

When Jerod agrees with the supervisor’s opinion most of the time to make a good impression, he is engaging in which of the following impression management techniques?
A. apologies
B. excuses
C. acclaiming
D. conformity
E. choose one

Answers

C aigshsh Ajaj ishshbb

When Jerod agrees with the supervisor’s opinion most of the time to make a good impression, he is engaging in conformity. Option D. conformity is the correct option of the given statement.

How do we define conformity?

Conformity is the process through which individuals modify their attitudes, behaviors, perceptions, and/or beliefs in order to more closely align with the beliefs held by the groups to which they aspire to belong, already do, or who they seek the approval of.

Is conformity a good or bad thing?

There is no inherent good or bad in conformity. Conformity may be viewed negatively when it results from fear, a desire to maintain one's social standing, or when it leads to harmful outcomes.

How does conformity impact actions?

Peer pressure may cause someone to engage in unsafe or unlawful activity, such underage drinking. Alternatively, conformity could result in the bystander effect, whereby following the crowd results in failing to help those in need. Your openness to novel concepts or arguments may be constrained by a desire to fit in.

What aspects impact conformity?

Group size: Larger groups have a higher propensity to adopt comparable attitudes and actions than smaller ones. Individuals are more inclined to comply with collective decisions when everyone in the group responds in unison. Status: People are more prone to follow the traditions of high-status groups.

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Evaluate your ability to consume wisely, Explain why this skill is essential to achieving your life span
plan

Answers

Answer:

Consumerism is a way of life in which the regular purchase of secondary goods, in which the social value of the product and its influence on social status and identity plays a huge role in society and everyday life.

The term originated with the rise of the consumer society in the twentieth century. Where previously the market was supposed to regulate itself, this did not always work sufficiently, so that consumers began to unite in consumer movements and consumer organizations. Consuming is then seen as a right, a right that is defended to the extreme. In addition, consumerism is also seen as good for the economy and therefore worth pursuing, as it keeps economy working.

In this sense, the fact of operating within the framework of the consumer society in a responsible, wise and meticulous way matters that individuals do not relapse into behaviors that put their financial situation in trouble.

After serving a good number of customers in its home state, Marble Cakes, Inc. has set up business in three other states with additional menu options of cupcakes, donuts, and coffees to generate new customers. This has enabled the company to successfully maintain its corporate strategy. Marble Cakes, Inc. is engaging in which of the following? Select one.
a)Vertical integration
b)Horizontal diversification
c)Horizontal specialization
d)Vertical specialization

Answers

Answer:

b)Horizontal diversification

Explanation:

Horizontal diversification is defined as the process by which a business starts providing a product that is unrelated to its previous products supplied.

However the market is a similar one.

In the given scenario Marble Cakes, Inc. has set up business in three other states with additional menu options of cupcakes, donuts, and coffees to generate new customers.

The new set of products are completely different from the one initially supplied, but sales is in similar market as before.

Inkamva Lethu was established to offer counseling service for drug addicts and raise substance abuse awareness at no cost, identify form of ownership for this statement

Answers

Answer: Nonprofit Corporation

Explanation:

A Nonprofit corporation is one where the organization works to promote the good of the public in general either through charity, education, science, health and the like. These organizations provide their services at no cost and therefore rely on donations from benefactors to keep them going.

Inkamva Lethu is a Nonprofit corporation as it works for the public good by counseling drug addicts and raising awareness of substance abuse. They do this at no cost as well so they are a nonprofit corporation.

What would you pay for a stock expected to pay a $2.50 dividend in one year if the expected dividend growth rate is zero and you require a 10% return on your investment?

Answers

Answer:

$25

Explanation:

according to the constant dividend growth model

price = d1 / (r - g)

d1 = next dividend to be paid

r = cost of equity

g = growth rate

$2.5 / (0.1 - 0) = $25

By the end of the accounting period, employees have earned salaries of $650, but they will not be paid until the following pay period. Demonstrate the required adjusting entry by completing the following sentence. The required adjusting entry would be to debit the Salaries (expense/payable) account and (debit/credit) the Salaries (expense/payable/unearned) account.

Answers

Answer:

                              Adjusting entry

Date  Account Name and Explanation    Debit    Credit

         Salaries Expense                              $650

                Salaries payable                                      $650

         (To record salary expense)

The adjusting journal entry for recording the unpaid salary is given below:

Salaries Expense Dr $650

      To Salaries payable $650

(Being salary expense is recorded)

Here the salaries expense is debited as it increased the expense and credited the salary payable as it also increased the liabilities.

Therefore the above adjusting journal entry should be recorded.

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who is the CEO of Amazon ​

Answers

Jeff bazzos is the CEO

An economy can produce either guns or butter with all available resources. Suppose it currently produces all butter and it chooses to produce some guns, thereby giving up some production of butter. As a result, the first 200 units of guns are produced at the cost of only 50 units of butter. Not surprisingly, the next 200 units of guns are produced at the cost of 150 units of butter and the last 200 units of guns at the cost of 300 units of butter. What does this describe?

Answers

Answer: The law of increasing opportunity costs

Explanation:

The scenario given describes the law of increasing opportunity costs. This law explains that when there's an increase in output in the production of a good, this will then bring about a scenario whereby the opportunity costs of the additional units of the other good will then be less.

As there is an increase in the production of one good, then this will lead to the increase in the opportunity cost of producing the next unit.

Write three sentences.What is summer mainly about and what is your fav thing about summer time?

Answers

Is is what the top say your welcome

Competitive advantage __________. Question 2 options: information collected from multiple sources, such as suppliers, customers, partners, and industries that analyzes patterns, trends and relationships for strategic decision making. Evaluates an organizations strengths, weaknesses, opportunities, and threats. Extraction of information from data and using it to predict future trends and identifying behavioral patterns. is a feature of a product (or service) on which customer

Answers

Answer:

is a feature of a product or service on which customer places a greater value than they do on similar offerings from competitors.

Explanation:

Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.

This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.

In conclusion, competitive advantage is a feature that makes a customer to place a greater value on the product or service of a particular company than they do on similar products or services from its competitors (rivals) in the same industry.

Harry's, your family-owned business, has been serving breakfast, lunch, and dinner in your city for so long that it's practically an institution! Your lunch menu items range in price from $8.99 to $13.99. Recently, your head chef suggested adding a delicious new seafood option to the lunch menu, but the costly ingredients involved will force you to charge $17.99 for it, which is comparable to what you charge for dinner menu items. You're concerned that this will upset your long-time customers. What should you do?
A. Set the price at $17.99, but raise the prices of all other menu items by S2 or more so it doesn't stand Support and out
B. Set the price at $17.99, and trust that your customers will see the value of the new menu item
C. Set the price at $14.99 for the first month, then gradually raise it to $17.99 over the next three months
D. Set the price at $13.99, but cut costs on all other menu items to make up for any revenue shortfalls

Answers

Answer:

Option C

Explanation:

To run a food business, the first and foremost thing is to attract customers and create a customer base. Hence, the price must be kept lower in the initial days to grab attention of  customer. As the customer become used to with the product taste and quality, the prices can be increased to make the business profitable.

Hence, option C is correct

Astro Corporation was started with the issue of 4,800 shares of $9 par stock for cash on January 1, 2018. The stock was issued at a market price of $17 per share. During 2018, the company earned $72,550 in cash revenues and paid $48,609 for cash expenses. Also, a $3,400 cash dividend was paid to the stockholders. Required: Prepare an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for Astro Corporation's 2018 fiscal year.

Answers

Answer:

Astro Corporation

1. Income Statement for the year ended December 31, 2018

Revenue     $72,550

Expenses     (48,609)

Net income   $23,941

Dividend           3,400

Retained E.  $20,541

2. Statement of Changes in Stockholders' Equity as of December 31, 2018

Common Stock                 $43,200

Additional Paid-in Capital   38,400

Retained earnings              20,541

Equity                                $102,141

3. Balance Sheet as of December 31, 2018

Assets:

Cash                   $102,141

Equity                 $102,141

4. Statement of Cash Flows for the year ended December 31, 2018

Operating Activities:

Net income            $23,941

Investing Activities:

Financing Activities:

Issue of shares    $81,600

Dividends               (3,400)

Net cash             $78,200

Net Cash Flows $102,141

Explanation:

a) Data and Analysis:

January 1, 2018: Cash $81,600 Common Stock $43,200 Additional Paid-in Capital $38,400

Cash $72,550 Revenue $72,550

Expenses $48,609 Cash $48,609

Dividend $3,400 Cash $3,400

An example of a normative economic argument is: Group of answer choices arguing that high degrees of income inequality is inefficient because it leads to greater expenditures on health care costs. arguing that universal health care should be adopted because overall costs are lower under that type of health care system. arguing that high degrees of income inequality is inefficient because it leads to greater governmental expenditures on welfare programs. arguing that high degrees of income inequality is immoral and unjust. all of the available answers are correct.

Answers

Answer:

arguing that universal health care should be adopted because overall costs are lower under that type of health care system

Explanation:

Normative economics is one that states what should be as opposed to what is obtainable. It is a prescriptive view of a situation involving investment projects, economic development, statements, and scenarios.

In the given instance the normative statement is: arguing that universal health care should be adopted because overall costs are lower under that type of health care system.

The view here is that the present cost in health care system is presently high.

To reduce the overall costs we should use universal health care as a way to reduce costs.

How much do alcohol related crashes cost Florida every year

Answers

like $44 millon

hopes it help

Mention any 4 criteria that a human resource manager should consider about job applicants.

Answers

The correct answer to this open question is the following.

Although there are no options attached, we can comment on the following.

The criteria that a human resource manager should consider about job applicants are the following.

1.- Technical expertise in their fields.

Candidates must show they have the experience for the position they are applying for.

2.- Accountability.

Managers should prove that candidates are responsible people and own the consequences of their decisions and actions.

3.- Commitment.

Managers have to realize that candidates are willing and able to show appreciation and commitment to the company. Their work must be a priority and should be dedicated to it.

4.- Communication.

Employees should show their communications abilities and capacity to accept criticism.

Consider that you are a salesperson for the Carpenters Motors - Range Rover dealership. A young, newly married couple enters the lot. Provide detailed explanations about the personal selling process, using this couple as your target. Consider various scenarios you may face in each of the steps.

Answers

Answer:

1.Prospecting as well as qualification: After greeting walk-in customers, the salesperson must make them feel at ease by providing a comfortable location to sit and talk, as well as a drink of tea and juice, according on the period .  The pair is simply in need of a vehicle, but they are undecided on which vehicle to purchase.

2.Preparation: I understand everything there is to know regarding my products, as well as the competing goods in the category, which I carry in my selling kit. Basic information such as engine size, mileage, guarantee, technological specifications, finance alternatives, servicing terms, and comfort data are tabulated and maintained in my sales kit for quick reference.

3. Approach: I use a step-by-step approach with them. During the initial conversation, I gathered that the necessity was for a high-end automobile, and that financing was not a problem or worry for them. They're seeking for a vehicle that'll keep them safe and pleasant

Maddie noticed that many students on campus had t-shirts and sweatshirts with Greek organization letters or club names on them. Recognizing that there was a huge market for this attire, Maddie rented a store front and a silk screening machine to get into the t-shirt business. Maddie's rent is $1,000 a month, including utilities. The silk screen machine leases for $300 a month. Maddie can buy blank t-shirts for $6 each and sweatshirts for $10 each. Maddie calculated the cost of materials for the silk screening at $2 per unit. If Maddie sells a screened t-shirt for $15 and a sweatshirt for $25 each, which would she prefer the customer purchase?
A) Sweatshirt because the contribution margin is higher
B) T-shirt because the cost of production is lower
C) Sweatshirt because the selling price is higher
D) T-shirt because the contribution margin is higher

Answers

Answer:

D

Explanation:

Contribution margin is the level of output at which revenue would equal zero

Contribution margin = fixed cost / (price - variable cost)  

fixed cost = 1000 + 300 = 1300

variable cost :

t shirt = 6 + 2 = 8

sweats = 10 + 2 -= 12

1300 / ( 15 - 8) = 185.71

1300 / ( 25 - 12)

Plzzz help me with this one

Answers

Answer:

what the question.....

All of the following are skills needed by an accountant except: O Communication O Time management O Speed O Critical Thinking​

Answers

Answer:

O Speed.

Explanation:

An accountant is someone who keeps an account of the financial records of a person or a business. They are responsible for performing accounting functions such as analyzing accounts, auditing, and reporting the financial transactions of a person or a business.

Among the various skills needed to be an accountant, speed is not one of them. Communication, be it oral or written is one important aspect of the requirement while time management and critical thinking are also important aspects of an accountant.

Thus, the correct answer is the third option.

Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.

Beginning cash balance on June 1, $95,000.
Cash receipts from sales, $418,000.
Budgeted cash disbursements for purchases, $273,000.
Budgeted cash disbursements for salaries, $96,000.
Other budgeted cash expenses, $58,000.
Cash repayment of bank loan, $33,000.
Budgeted depreciation expense, $35,000.
A. $111,000.
B. $86,000.
C. $76,000.
D. $53,000.

Answers

Answer:

D. $53,000.

Explanation:

The computation of the ending cash balance is shown below:

Beginning cash balance $95,000

Add: Receipts  

Cash sales  $418,000

Total cash receipts (a) $513,000

Deduct: Payments:  

Cash payment for purchases -$273,000

 Cash payment for salaries -$96,000

Other cash expenses -$58,000

Repayment of bank loan -$33,000

Total cash payments (b) $460,000

Net receipts /( payments) (a) - (b) $53,000

distinguish between supermarket and hypermarket (five points each)​

Answers

Answer:

A Supermarket is a large store, but a Hypermarket is much bigger than a Supermarket. Hypermarkets store a higher number of FMCG products than a Supermarket.

Why does the author introduce the text using a series of rhetorical questions?

A
to convince the reader that the majority of government power should be placed in the hands of the citizens, not the states that represent them

B
to inform the reader that the individual states need to maintain the bulk of power, instead of the federal government or the local communities in the state

C
to convince the reader that the majority of government power should be placed in the federal government because the states have too much infighting

D
to inform the reader that many of the individual states of the union are dissatisfied with the outcome of the conflict, and each of them are vying for power

Answers

Answer:

the answer is A. because we the citizen of a country vote them into power

In order to produce it’s products, a coffee machine manufacturer relies on timely delivery from its suppliers. Although the company wants its shipment of parts delivered at one time, they typically come in multiple shipments. While it’s not that big of a deal and the coffee machine manufacturer is generally happy with the supplier, the manufacturer has found another supplier that’s willing to ship the parts at one time. . Because of this, the manufacturer has decided to switch suppliers. This is an example of how

Answers

Answer: A) meeting a customer's expectations doesn't always lead to brand loyalty.

Explanation:

It is possible to meet the expectations of a supplier and the supplier would still move on if they feel like they would get a better deal somewhere especially if the other supplier meets their expectations even better than the first supplier did.

The company in question preferred that it received its parts all at once and the supplier could not do that but they were still able to supply the goods required. They were therefore meeting expectations but not in an adequate enough manner which is why the company found someone better.

The _____ prohibits the transfer of personal data to non-European Union nations that do not meet the European adequacy standard for privacy protection. Group of answer choices European Data Transfer Act Organization for Economic Cooperation and Development privacy guideline Code of Fair Information Practices European Union Data Protection Directive

Answers

Answer:

European Union Data Protection Directive

Explanation:

The European Union Data Protection Directive was implemented in October 1995 and regulates the processing of personal information of citizens of the European Union. It is also mean to protect personal information from being accessed by countries outside of the European Union.

The General Data Protection Regulation enacted in April 2016 eventually replaced the European Union Data Protection Directive.

Personal data of individuals should not be processed at all if the following conditions are not met: legitimate purpose, transparency, and proportionality.

Organizations can use common core security principles recommended as industry best practices when developing policies, standards, baselines, procedures, and guidelines. Which principle states that policy and standards library documents should be written to consider everyone affected, including technical, administrative, organizational, operational, commercial, educational, and legal personnel

Answers

Answer:

Multidisciplinary principle

Explanation:

In simple words, multidisciplinary approach refers to the framework for business management under which the administration makes rules and procedures to operate in such a way that every individual at stake will be equally impacted from them.

This is a modern technique for management and avoids every kind of bias like gender, race etc.

Jon is considering providing substantial funding to a new startup company called Ampére located in Spain. The company is planning to begin producing electric vehicles that are equipped with fully autonomous driving technology in two years. Jon is concerned that customers in Spain are not receptive to fully autonomous cars as recent country-wide research shows that the company ranks 17th (out of 20 countries surveyed) on the autonomous vehicle readiness index. Customers in Spain do not seem to be willing to adopt these technologies yet. Which of the following PESTEL dimensions should Jon most closely follow in order to assess whether customers' attitudes towards autonomous technologies will begin to change in the near future?

a) Technological
b) Economic
c) Sociocultural
d) Ecological
e) Legal

Answers

Answer:

c) Sociocultural

Explanation:

The attidudes of Spanish consumers towards autonomous cars are mainly influenced by sociological and cultural factors, in other words, they belong the sociocultural dimension of PESTEL.

Some of these factors may be: opennes to experience, education level of the population, demographic structure, income distribution, prevailing ideas or ideology in the populace, and so on.

These are the factors that Jon should look closely to in order to determine as objectively as possible the consumer attidue towards autonomous cars, so that he can decide whether or not to start this type of business.

are you smart enough to do that task try it who is the first person made the light

Answers

Joseph Swan but Thomas Edison later capitalized on the invention by improving it
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