Answer: Operating expenses
Explanation:
In order to result in net income, the gross profit should be greater than the operating expenses. Otherwise, we incur net loss. Net income will result if gross profit exceeds operating expenses.
Hope this helps!!! :)
Answer: operating expenses.
Explanation:
Junk bonds are high-risk, high-yield debt instruments. They are often used to finance leveraged buyouts and mergers, and to provide financing to companies of questionable financial strength. True/False
True, Junk bonds are high-risk, high-yield debt instruments. They are often used to finance leveraged buyouts and mergers, and to provide financing to companies of questionable financial strength.
What are Junk bonds?Junk bonds have a higher default risk than the majority of corporate and governmental obligations.
A bond is a debt or promise that, in exchange for being purchased, would pay investors interest payments as well as the return of their principal investment.
Junk bonds are bonds issued by struggling businesses that run a significant risk of defaulting, failing to make interest payments, or failing to return investors' principle.
Therefore, Junk bonds are a type of high-risk, high-yield debt. They are frequently employed to fund leveraged acquisitions and mergers as well as to lend money to businesses with uncertain financial standing.
Learn more about junk bonds at:
https://brainly.com/question/4527191
#SPJ1
In the long run, a firm in a perfectly competitive market earns zero economic profit, so the opportunity in the short run to enjoy positive economic profits will cause existing firms to increase output and new firms to enter the market. 1st attempt See Hint the market, driving the market price If prices are below the average total cost of production in the long run firms will until the remaining firms earn the market, driving the market price If prices are below the average total cost of production in the long run firms will until the remaining firms earn stay in enter exit the market, driving the market price If prices are below the average total cost of production in the long run firms will until the remaining firms earn down | up to stay the same until the remaining firms earn a small negative economic profit zero economic profit positive economic 25/26 profit
Given the short-term positive economic profit, new businesses should enter the market over time, increasing the size of the market.
What transpires over time in a market that is intensely competitive?In a perfectly competitive market, businesses can only make or lose money in the short term. Because an infinite number of enterprises generate uniform, infinitely divisible things, profits and losses are ultimately eliminated.
Is there ever no economic profit in the long run?Economic gains spur entry, economic losses cause exit, and in the long run, firms in a perfectly competitive industry will generate no economic gains.
To know more about market price visit:-
https://brainly.com/question/15142612
#SPJ4
q5 separating equilibria 4 points grading comment: consider a separating equilibrium in the signaling model where education is not productive. q5.11 point grading comment: the type l workers get the efficient amount of education. choice 1 of 2:true choice 2 of 2:false
q5 separating equilibria 4 points grading comment: consider a separating equilibrium in the signaling model where education is not productive. q5.11 point grading comment: the type l workers get the efficient amount of education. True
Monetary equilibrium is a condition or nation in which financial forces are balanced. In impact, financial variables stay unchanged from their equilibrium values in the absence of external influences. financial equilibrium is also known as market equilibrium.
Financial market equilibrium takes place whilst supply and calls for degrees align, creating ideal market conditions for shoppers and dealers. The kinds of economic equilibrium consist of microeconomic and macroeconomic. In microeconomics, supply and demand between shoppers and dealers are balanced.
Learn more about equilibrium here: https://brainly.com/question/517289
#SPJ4
If a tax is levied on the sellers of a product, then there will be a(n)
a. downward shift of the demand curve.
b. upward shift of the demand curve.
c. decrease in quantity demanded.
d. increase in quantity demanded.
If a tax is levied on the sellers of a product, then there will be an decrease in quantity demanded.
Why is Tax imposed?
Governments levy taxes to fund public services and infrastructure such as roads, healthcare, and education. It also contributes to the maintenance of a more equitable distribution of wealth among citizens. Taxation is also used to fund social programmes like welfare, as well as to reduce inequality and poverty.
Why is Education Important?
Education is important because it provides people with the knowledge, skills, and confidence they need to contribute positively to society. It can also provide people with career and economic opportunities, allowing them to provide for themselves and their families. Education also fosters critical thinking, problem-solving, and communication skills, which are all necessary in today's workforce. Finally, education can give people a sense of purpose by helping them understand and appreciate their surroundings.
Therefore the option C.decrease in quantity demanded. is the correct answer.
To know more about Tax,
https://brainly.com/question/27300507
#SPJ1
With which new deal agency did the national recovery administration most closely work.
Answer:
Explanation:
Public Works Administration is considered among the most renowned and authoritative agency that is among the founding pillars of the New Deal.
Fuzzy Button Clothing Company is considering a one-year project that requires an initial investment of $600,000; however, in raising this capital, Fuzzy Button will incur an additional flotation cost of 5%. At the end of the year, the project is expected to produce a cash inflow of $900,000. The rate of return that Fuzzy Button expects to earn on the project after its flotation costs are taken into account is _________.
The rate of return that Fuzzy Button expects to earn on the project after its flotation costs are taken into account is 42.86%.
What is the rate of return?The rate of return is the net gain or loss (which is the total cash inflow minus the total cash outflow) of an investment over a stated period.
The rate of return is expressed as a percentage of the investment's initial cost.
To compute the rate of return, divide the net gain or loss by the initial investment and multiply the quotient by 100.
Initial investment = $600,000
Flotation cost = $30,000 ($600,000 x 5%)
Total costs = $630,000 ($600,000 + $30,000)
Estimated cash inflow = $900,000
Returns (net gain) = $270,000 ($900,000 - $630,000)
Rate of return = 42.86% ($270,000/$630,000 x 100)
Thus, Fuzzy Button's rate of return for this one-year investment is 42.86%.
Learn more about the rate of return at https://brainly.com/question/24301559
#SPJ1
tanika is generally an easy going, happy, and hardworking individual. rarely does she have a bad day or talk about someone in a critical way. these descriptions of tanika are all part of her
If tanika is generally an easy going, happy, and hardworking individual. rarely does she have a bad day or talk about someone in a critical way. these descriptions of tanika are all part of her personality.
What is personality?
Personality can be defined as the what defined who we are and this tend to do with our behavior or the way we behave.
People have unique personality that are different from one another which implies that people do not have the same personality and this personality is the characteristics or features that defined each one of us. Based on the given scenario the characteristics that tanika has which is easy going , hardworking are tanika distinctive character that help to defined who she was.
Therefore we can conclude that that all the listed personality are what defined who tanika is.
Learn more about personality here:https://brainly.com/question/17636115
#SPJ1
Which of the following statements is true about strategic leadership?
a. It is the primary responsibility of the functional managers of an organization.
b. It does not take into account the task of maximizing shareholder value.
c. It is involved with taking decisions regarding how to create a competitive advantage.
d. It is a concept that does not apply to multidivisional companies that have several business units.
e. It is essentially about supervising workers at a manufacturing unit of an organization
It is involved with taking decisions regarding how to create a competitive advantage is true about leadership.
Which definition of leadership is accurate?"The process of exercising control over a team or organization." Leadership is described in that manner by the Oxford Dictionary. Leadership, put simply, is about taking chances and questioning the status quo. Leaders inspire followers to take new and improved actions.
Why does leadership matter?Because it inspires, motivates, and sets an example for others, leadership is crucial in achieving positive changes in the world. Leaders create a vision, offer a strategy, and cultivate trusting relationships with their followers. As a result, they lead groups of people to collaborate on amazing feats.
To know more about Leadership visit:
https://brainly.com/question/29452698
#SPJ4
assuming the law of one price, explain what the exchange rate between u.s. dollars and yen has to be if the price of steel in japan is 15,000 yen per ton and the price in the u.s. is $125 per ton (assume no transaction costs).
The law of one price states that when prices are expressed in a common currency, identical goods sold in different locations must sell for the same price in the absence of trade frictions and under conditions of free competition and price flexibility.
Given the steel prices in each country, the exchange rate must be 120 yen to the US dollar. As a result, steel prices in each country are equal. If this were not the case, steel buyers would have an incentive to buy in the country where steel was cheaper, while steel producers would have an incentive to sell in the country where steel was more expensive.
The price in the relatively cheaper country would rise due to increased demand and decreased supply. Increased supply and decreased demand in the relatively more expensive country would lower the price there. This process would be repeated until the prices in both countries were equal.
To learn more about law of one price, here
https://brainly.com/question/17102852
#SPJ4
Customers of a ________ buy most of the store's products in larger-than-normal packages and quantities.
Customers of a warehouse club buy most of the store's products in larger-than-normal packages and quantities.
What are the main warehouse activities?An appealing option for both bargain hunters and small business owners, warehouse clubs are retail establishments that often offer a wide range of products and allow clients to purchase big, wholesale quantities of the things they sell. With the help of warehousing, you may store, ship, and distribute your products from a single place.
You can track and manage your inventory effectively as a result of this. It can also lower your staffing demands, boost your flexibility, and lower your transportation expenditures. Putting away products, moving objects inside or between warehouses, and choosing items for assembly, production, or transportation are all common warehouse chores. Other warehouse activities include putting together inventory or goods for sale, although they are described elsewhere.
To learn more about warehouse club, visit:
https://brainly.com/question/14510598
#SPJ1
over time, potential gdp ________, which is shown by the ________ curve shifting to the right.
Over time, potential gdp increases, which is shown by the long run aggregate supply curve shifting to the right.
What is the long run aggregate curve ?A curve that depicts the correlation between price level and real GDP that would exist if all prices, including nominal wages, were completely flexible; prices can vary along the LRAS, but production cannot because it represents the output at full employment.
This is so because it takes time to implement capital, which includes assets like buildings and machinery. Additionally, increases in labor only affect quantity rather than price because it is believed that wages will remain static in the short term. Because of this, the SRAS curve is currently practically horizontal.
Read more on aggregate supply here:https://brainly.com/question/1971734
#SPJ1
given a sorted list of integers, output the middle integer. assume the number of integers is always odd.
Given a sorted list of integers, output the middle integer. Assume the number of integers is always odd. Ex: If the input is 2 3 4 8 11 -1 (a negative indicates end), the output is: 4.
What is an integer, and what are some examples?An integer is a full number that can be positive, negative, or zero and is not a fractional number. Examples of integers include: -5, 1, 5, 8, 97, and 3,043. 1.43, 1 3/4, 3.14,.09, and 5,643.1 are a few examples of non-integer numbers.
What are non-integer numbers?Any number that is a decimal, fraction, or mixed unit is a non-integer. These are all not integers: Decimals: 3.14; 0.428571428571; 1.414213562373095. 3.14 ; 0.428571428571 ; 1.414213562373095. Fractions: 1/2, 3/4, 7/8, 11/2, 9/3, and 3/7.
To know more about integers visit:
https://brainly.com/question/15276410
#SPJ4
Scanlon Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following data: rRF = 4.10%; RPM = 5.25%; and b = 0.70. Based on the CAPM approach, what is the cost of equity from retained earnings? a. 9.25%
b. 7.78%
c. 7.08%
d. 7.00%
e. 8.47%
The cost of equity from retained earnings when using the CAPM approach for Scanlon Inc., would be 7 . 80%
How to find the cost of equity ?The CAPM method stands for the Capital Asset Pricing Method and it allows for the cost of equity to be calculated by using the beta, the real risk free rate, and the market risk premum.
The cost of equity when using the CAPM method can be found by the formula:
Cost of equity = Real risk free rate + Beta x Market premium
The real risk free rate = 4 . 10 %
Beta = 0 . 70
Market risk premium = 5 . 25 %
The cost of equity is therefore:
Cost of equity = 4 . 10 % + 0 . 70 x 5 . 25 %
Cost of equity = 4 . 10 % + 3.675 %
Cost of equity = 7. 775 %
Cost of equity = 7 . 80%
Find out more on the CAPM method at https://brainly.com/question/24158909
#SPJ1
satchel loses his job and immediately begins looking for another. other things the same, the unemployment rate
The number of persons who are eager, able, and actively looking for work but haven't found any is referred to as unemployment. The percentage of people who are working or actively looking for employment in an economy is known as the labor force participation rate. The fact that Satchel is still looking for employment implies that he is now unemployed even though he lost his job. Satchel did not retire or get demotivated and give up on working in the future. Before he can find another job, this raises the unemployment rate.
Who defines "unemployment"?When someone who is actively looking for work is unable to find employment, they are said to be unemployed. The rate of unemployment is frequently used to gauge the state of the economy.
What is the rate of unemployment?The number of jobless persons as a percentage of the labor force, according to the OECD, Eurostat, and the US Bureau of Labor Statistics, is what is known as the unemployment rate.
To know more about Unemployment visit:-
brainly.com/question/14227610
#SPJ4
Satchel loses his job and starts hunting for a new one right away. The labor force participation rate remains unchanged, and the unemployment rate rises.
What connection exists between the labor force and the unemployment rate?The percentage of workers in the labor force who do not currently have a job but are actively seeking one is measured by the unemployment rate. This statistic excludes people who have not sought for job in the last four weeks. There are numerous factors that originate from both the supply side, or the worker, and the demand side, or the employer, that contribute to unemployment. High interest rates, the world economy being in a recession, and the financial crisis might all affect demand. Frictional unemployment and structural employment are major supply-side contributors.
To know more about unemployment visit:
brainly.com/question/14227610
#SPJ4
the sales of a grocery store had an average of $8,000 per day. the store introduced several advertising campaigns in order to increase sales. to determine whether or not the advertising campaigns have been effective in increasing sales, a sample of 64 days of sales was selected. it was found that the average was $8,300 per day. from past information, it is known that the standard deviation of the population is $1,200.
From past information, it is known that the standard deviation of the population is $1,200. The correct null hypothesis for this problem is μ </ 8000.
Describe null hypothesis and provide an example?According to the null hypothesis, any variation between the selected features you observe in a collection of data is the result of chance. Any discrepancy between the average profits in the data and zero, for instance, is the result of chance if the expected earnings for the gambling game are actually equal to zero.
The null hypothesis can be established in what way?The conventional method for testing a null hypothesis is to choose a statistic based on a fixed-size sample, determine the statistic's value for the sample, and only reject the null hypothesis if and only if the statistic falls within the critical range.
To know more about null hypothesis visit:
https://brainly.com/question/19263925
#SPJ4
when tech companies like apple or resist government attempts to gain their assistance in obtaining private citizen data, their refusal is based on long-running disputes between which of the following political values?
Tech Company's refusal is based on long-running disputes between liberty versus security political values.
What does the term "security of liberty" mean?Instead of emphasizing personal safety, it protects people from arbitrary incarceration. Personal freedom is something you are entitled to. You must not be held or locked up for no justification, in other words.
What are political values?Political values are an individual's or a group's set of beliefs and principles that direct their general behavior and attitude toward political 'things' (leaders, events, and ideologies). These values are a mental construct that are unrelated to any physical substance.
To know more about Political values, visit:
brainly.com/question/26515721
#SPJ4
because firms tend to have about 30 percent of current assets invested in inventory, a reduction in inventories can result in a significant .
Because firms tend to have about 30 percent of current assets invested in inventory, a reduction in inventories can result in a significant increase in ROI.
What is ROI?A ratio between net income and investment is known as return on investment or return on costs. A high ROI indicates that the returns on the investment outweigh the costs. ROI is used as a performance metric to assess an investment's effectiveness or to compare the effectiveness of multiple distinct investments.
What constitutes a "good" ROI will vary depending on the investor's risk tolerance and the length of time it takes for an investment to pay off.
Read more on ROI here: https://brainly.com/question/15726451
#SPJ1
darby company, operating at full capacity, sold 500,000 units at a price of $94 per unit during the current year. its income statement is as follows:sales $47,000,000cost of goods sold 25,000,000gross profit $22,000,000expenses: selling expenses$4,000,000 administrative expenses 3.000000 total expenses 7,000,000income from operations $15,000,000
Darby Company has incurred total fixed costs of $22,000,000 and total variable costs of $10,000,000.
What do fixed and variable costs mean?Over a predetermined time period, fixed costs are constant. Depending on how well the business is doing, variable costs may go up or down. Rent, taxes, and insurance are a few examples of fixed costs. Credit card fees, direct labor, and commission are a few examples of variable costs.
Depending on how much is produced, variable costs change. Regardless of production output, fixed costs stay the same. Payments for insurance, rent or lease, and interest are examples of fixed costs.
The breakdown of the various costs into fixed and variable costs is provided in percentages.
As a result, the total fixed costs are:
= (% of cost of goods sold that is fixed x Cost of goods sold) + ( % of selling expenses for fixed costs x Selling COST) + ( % of Administrative expenses for fixed costs x Administrative cost)
= ( 25,000,000 X 30% ) + ( 4,000,000 X 25% ) + ( 3,000,000 X 50% )
= 7, 500, 000 + 1, 000, 000 + 1, 500, 000
= $10, 000, 0000
These are the total variable costs:
= (% of cost of goods sold that is variable x COGS) + ( % of selling expenses for variable costs x Selling expenses) + ( % Administrative expenses for variable costs x Administrative cost)
= ( 25,000,000 X 70% ) + ( 4,000,000 X 75% ) + ( 3,000,000 X 75% )
= 17, 500, 000 + 3,000,000 + 1, 500, 000
= $22, 000, 000
Learn more about total fixed costs: https://brainly.com/question/16749519
#SPJ4
Evan incurred education-related expenditures related to his self-employment job. Under which of the following circumstances will Evan NOT be allowed to deduct these expenditures as a BUSINESS expense?
The course or courses meet the requirements necessary to keep his job.
The course or courses only improve Evan's skills in his existing business.
The course or courses qualify Evan for a new trade or business.
Evan incurred education-related expenditures related to his self-employment job. The course qualifies Evan for a new trade or business will Evan NOT be allowed to deduct these expenditures as a BUSINESS expense.
Business expenseBusiness expenses are costs incurred in the course of doing business. They may be used by both small and large organizations. The income statement includes business expenses. To calculate a company's taxable net income, business expenses are subtracted from revenue on the income statement.
To know more about Business Expenses visit the link
https://brainly.com/question/18521643
#SPJ4
suppose you can choose between two lifetime income paths: (a) an option that gives you a constant stream of $100,000 every year of your productive life, (b) an option that pays you an average of $100,000 per year, but that begins at $50,000 and gradually increases until it ends at $150,000. based on evidence how adaptation affects happiness, which of the following would be true?
Based on evidence of how adaptation affects happiness, it is likely that option (b) would bring more happiness in the long-term.
While $100,000 per year is a comfortable income for most people, the gradual increase of the income in option (b) provides an additional source of happiness as it allows for a sense of progress and achievement.
Additionally, the initial lower income of option (b) allows for a greater appreciation of the eventual higher incomes, as the increase in income would be perceived as an improvement over the initial income.
As such, the overall sense of accomplishment and progress provided by the gradual increase in income throughout life would likely bring more happiness in the long-term.
To know more about income here
https://brainly.com/question/2899788
#SPJ4
how does lyft benefit from its strategic alliances with gm and waymo?
"It allows Lyft to more effectively compete against Uber" is how lyft benefits from its strategic alliances with gm and waymo
What are strategic alliances?Generally, A strategic alliance is an agreement between two companies to collaborate on a project that will be advantageous to both parties while still allowing each to maintain its individuality.
A joint venture, in which two businesses pool their resources to create a separate business entity, is more complicated and binding than the agreement, which is simpler and less binding.
Read more about strategic alliances
https://brainly.com/question/14014533
#SPJ1
to internalize a negative externality, an appropriate public policy response would be to
Internalizing a terrible externality will motive an enterprise to limit the extent it elements to the market and make bigger the charge of the good produced.
How can events internalize an externality?Externalities can be internalized via market mechanism, government regulation, or self-governing institutions or a combine of these institutions. We endorse the institutional route which minimizes whole price (sum of technology, management, and transaction costs) to the firm.
explain what internalizing an externality means. altering incentives so that people take account of the exterior effects of their actions. (gov can internalize an externality via imposing a tax on the producer to minimize the equilibrium volume to the socially desirable quantity
Learn more about internalize a negative externality, here:
https://brainly.com/question/24233609#SPJ4TRUE/FALSE if the proceeds from the sale of a plant asset exceed its book value a gain on disposal occurs
Not entirely sure if this is what its asking for but if you made a profit on the plant or not depends on how much you spent to care for the plant.
For example, if you bought it for $50, gave it $10 of water, and sold it for $70 you would profit $10.
If you bought it for $50, gave it $50 dollars of water and sold it for $90, you would lose $10.
Comfi Airways, Inc., a small two-plane passenger airline, has asked for your assistance in some basic analysis of its operations. Both planes seat 10 passengers each, and they fly commuters from Comfi�s base airport to the major city in the state, Metropolis. Each month 40 round-trip flights are made. Shown below is a recent month�s activity in the form of a cost-volume-profit income statement. Fare revenues (400 fares) $46,500
Variable costs Fuel $16,315 Snacks and drinks 770 Landing fees 1,800 Supplies and forms 1,110 19,995
Contribution margin 26,505
Fixed costs Depreciation 2,940 Salaries 14,196 Advertising 420 Airport hanger fees 1,710 19,266
Net income $7,239
variable cost Breakeven Point
(1) USD = $33,800
(2) Number of Tariffs = 290.75 or 291
Description:
(1) Total Fixed Cost = USD (4) Breakeven Point = 44 Contribution Margin
Breakeven (USD) = $19,266 / (26,505 / $46,500)
Breakeven (USD) = $19,266 / 57%
Breakeven USD = $33,800
(2) Breakeven for a series of fares is calculated as Number of Tariffs = $19,266 / (26,505 / 400)
Breakeven Point of Number of Tariffs = $19,266 / 66 .2625
Breakeven Point of the Number of Tariffs = 290.75 or 291
Variable costs are costs that vary with changes in quantity. Examples of variable costs include raw materials, parts labor, production materials, handling charges, shipping charges, packaging materials, and credit card fees. In some fiscal documents, the variable cost of production is called the "cost of goods sold."
Learn more about variable costs here
https://brainly.com/question/13896920
#SPJ4
determine the future value of the following single amounts (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) (round your final answers to nearest whole dollar amount.):
The future value, to the nearest whole dollar amount, of the following single quantities is 1. $38,435.37, 2. $67,091.09, 3. $126,985.63, 4.$94,037.04.
How can I determine future value?How can I determine future value? Using the formula long term value = current discounted x (1 + interest rate)n, you may determine future value using compound interest. Using the following formula, you may determine future value with simple interest: Future value is equal to the present value multiplied by one plus the interest rate throughout the time period.
what is An illustration of potential worthFuture value is the amount of invested money today that will increase in value over time at an interest rate. For instance, if you put $1,000 in a savings today and earn 2% annually, your money will be worth $1,020 after a year. Thus, it will be worth $1,020 in the future.
To know more about future value visit;
https://brainly.com/question/28299316
#SPJ4
69. Cardio, Inc., makes and sells Drawdown, the most prescribed name-brand heart medication. Emitate Corporation has the potential to make a generic version of the same drug. Cardio pays Emitate not to sell v product. This is most likely 2. a deal that neither restrains trade or harms competition. b. a legal restraint of trade. c. a per se violation of the Sherman Act. d. subject to analysis under the rule of reason.
Based on business analysis and the situation described above when Cardio pays Emitate not to sell v product, this is most likely c. a per se violation of the Sherman Act
What is Sherman Act?Sherman Act is the United States Act on business regulations that prohibit the producers or sellers from having contracts, or agreements that unreasonably restrain interstate and foreign trade including a price-fixing agreement.
Generally, the Sherman Act forbids many things to protect the interest of American citizens whether producers or consumers.
The Sherman Acts forbids the following:competitors to fix prices, rig bids, allocate customers, etc.In this case, it is believed that when Cardio pays Emitate not to sell v product, this is a per se violation of the Sherman Act.
Learn more about Sherman Act here: https://brainly.com/question/12732776
#SPJ1
In a mean chart for manufacturing process, several points are found to be outside the control limits. Does this mean that the process is incapable? Explain briefly why or why not, or what else should be done to find out?
Whereas, any control chart is prepared using upper control limit or UCL and lower control limit or LCL, again, such UCL and LCL values are calculated statistically or using a statistical formula.
We build a control chart of the mean or any condition to understand the variations of data within the process. Any data falling outside UCL and LCL values means processes are not in statistical control and we have found assignable causes, such kinds of causes could include large breakdown of machines, and any absenteeism of employees, with such causes we could see strong variations in the data.
Hence, points are found to be outside the control limits that doesn’t mean the process is incapable, as use could lie after the UCL line, so, any point could lie after the UCL line but before usl line, hence, we could conclude still process is capable to produce desire outputs, however, we should control variations in the processes first before considering process capability check.
When we could see variations of data in the mean control chart, we will look for root causes to fix the problem and keep the process under statistical control.
Learn more about control limits here:-https://brainly.com/question/29456104
#SPJ4
the abc corporation is a profit-maximizing firm producing gadgets. abc operates in a perfectly competitive goods, or product, market. abc has a fixed number of laborers and rents a machine for a variable number of hours in a perfectly competitive factor market. a) draw side by side graphs of the factor market for machines and the abc corporation. all parts of the graphs should be labeled correctly. be sure to show: the equilibrium rental price of machines is the factor market, labeled as pm abc's equilibrium rental quantity of machines, labeled qf b) due to a rise in consumer income, the demand for gadgets increases. what will happen to each of the following? marginal product curve for machine-hours marginal revenue product curve for machine hours. explain. c) abc is employing the cost-minimizing combination of inputs. the marginal product of labor is 50 gadgets per hour and the wage rate is $10 per hour. the marginal product of the machine is 160 gadgets per machine-hour. what is the hourly rental price of a machine?
The marginal manufactured from an input, say labor, is described as the extra output that outcomes from including one unit of the input to the present mixture of effective factors.
Marginal product is the exchange in output due to one extra unit of entry. it's far calculated by taking the exchange in output (products produced, for instance) divided by the change in input (employees, for an instance).
The value of a Marginal Product is a calculation derived by way of multiplying the marginal bodily product through the common revenue or the fee of the product. extra, in reality, the components for calculating VMP are physical Product x income rate of the Product.
Overall product is really the output this is produced by way of all the hired employees. Marginal product is the additional output this is generated by means of an additional employee. With a 2nd worker, production will increase with the aid of five, and with the 0.33 employee, it will increase with the aid of 6.
Learn more about Marginal products here:
https://brainly.com/question/14867207
#SPJ4
Xerox sells to different customers in different sales situations. In order to capture customer commitment, Xerox salespeople must determine what steps in the ______ process are appropriate.
Xerox sells to different customers in different sales situations. In order to capture customer commitment, Xerox salespeople must determine what steps in the Selling process are appropriate.
What is the Selling process?The selling process starts with presale preparation, identification of prospects and making a sales presentation in which a salesperson tries to convince a customer that the specific product or service can satisfy his needs.
A salesperson tries to evaluate the brand and product positively in response to the current need of the customer and market.
Learn more about Selling process here:
https://brainly.com/question/29305713
#SPJ1
Mass selling is Multiple Choice the high-quantity sales of unique products based upon the needs and wants of individual consumers. the production and sales of a single item that contains no variation of product benefits. the opposite of customized interaction, meaning a single message is delivered to the whole group of prospective buyers. the use of different images (such as on the cover of Sports Illustrated) to create a more intimate relationship between buyer and seller. the translation of a company's message into multiple languages for use in advertising in different countries or regions.
Mass selling is the opposite of customized interaction, meaning a single message is delivered to the whole group of prospective buyers. (Option C).
What is Mass Selling?Mass marketing, usually referred to as selling, seeks to contact as many people as possible by ignoring the distinctions between market segments and appealing to the entire market with a single offer or plan.
Because of this, companies like Crest and Colgate use mass marketing to promote their products through TV commercials, print ads, and other platforms including social media and outdoor billboards.
Learn more about mass selling here: https://brainly.com/question/15866213
#SPJ1
