A correct option is option (b), i.e. when the short-run ends.
What is considered the long run?
The long run is a time frame during which all cost and production parameters are erratic. In the long run, businesses can modify all costs, however in the short run, they can only affect pricing by changing production levels.
How long is the long run in years?
In the long run, all costs will fluctuate. The long run is not a fixed amount of time and is dependent on the particulars of the company in question. The long run is any term longer than a year if you have a one-year lease on your factory since after that time you are no longer subject to the lease.
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Many manufacturers have made ________ optional equipment when purchasing a new laptop computer.
Optical drives have made Many manufacturers optional equipment when purchasing a new laptop computer.
An optical force is an inner or external laptop disk power that uses laser beam era to examine and write records. Optical disk drives are related to compact discs, DVD and Blue-Ray generation.
Optical garage, electronic garage medium that uses low-strength laser beams to file and retrieve virtual (binary) facts. In optical-garage technology, a laser beam encodes digital facts onto an optical, or laser, disk in the shape of tiny pits arranged in a spiral tune on the disk's space.
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You are in your dorm room when you receive a call from a blocked number. The caller speaks urgently and says you are late on paying a bill and now owe his company $5,000. He provides an address where you are urged to send a check and warns that if you do not do this in 24 hours, the amount that you owe will double. What do you do
If you are in a situation where a blocked number calls and says you are late on a bill payment and that you should pay to avoid it doubling, you should call the Federal Trade Commission.
Which department handles email scams?The Federal Trade Commission (FTC) handles cases related to check and other scams and so you should call them if such a call is made to you.
Be aware that there is no bill payment that will double in 24 hours and that the usage of a blocked number is not allowed to debt collectors. So this is a scam and you should lodge a complaint with the FTC.
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Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential ________ at their disposal.
They have many potential Entry Modes at their disposal.
What is Entry Mode?Foreign market entrance modes in international trade are the methods through which a corporation can expand its services into a non-domestic market.
Market entrance options are classified into two types: equity and non-equity. Export and commercial agreements are examples of non-equity mechanisms. Joint ventures and totally owned subsidiaries are examples of equity models. Different entrance mechanisms differ in three key ways:
The level of danger they pose.Control and dedication to the resources required.The promised return on investmentTherefore, Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential Entry Modes at their disposal.
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Using complex lot-sizing techniques, larger lot sizes can cause an increase in __________, complicating plant logistics. multiple choice question. supplier costs demand setup costs inventory
Using lot-sizing techniques, larger lot sizes can cause an increase in inventory, complicating plant logistics.
Lot sizing techniquesLot sizing is to collect the calculated net conditions by a certain unit regarding cost reduction and job efficiency. There are two primary types of lot sizing:
-method to unify in terms of the course
-method to unify in terms of the amount.
Determining satisfactory lot sizes is required to maintain acceptable inventory and assistance levels. Minimum order quantities ordered by suppliers often blow up inventory levels, especially for items with long stock turn cycles. To determine the lot size that will minimize the costs, industrial corporations utilize Materials Requirements Planning (MRP).
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Which item is an example of data collected from market research? technical client specs your project timeline your project budget insights into potential customers
The item which is an example of data collected from market research is insights into potential customers.
Market research is the process of gathering information about your target market and the knowing current state of your industry. Thus, it is the research conducted directly with potential customers.
Interviews are considered to be a common type of primary market research that can be either in-depth or as simple as asking a question. For instance, in an interview in market research is conducted when a business calls a current customer to ask how they are enjoying a product they recently purchased.
Hence, the data collected from market research is insights into potential customers.
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A seller wants to net $275,000 from the sale of his home. He has an existing mortgage with a loan balance of $78,500 and the closing costs are expected to be $6,500. If the listing broker is receiving a 6% commission, how much must the home sell for in order to meet his objective
Ther amout at which the home sell for in order to meet his objective is abter loan balance is $274,541.67
After the seller receives paid and makes all their bills, the quantity left is referred to as the internet to supplier. Calculating the internet to seller is quite simple, all that you want to do is to subtract the seller's charges and money owed from the sales price.
calculation:-
The selling price which the seller wants = $275,000
Loan balance = $ 78,500
Closing cost = $6,500
Broker commision = 6%
amount ($275000*6)/100 = $458.33
Hence, Ther amout at which the home sell for in order to meet his objective is = $275,000 - 458.33
+ $274,541.67
Divide the fee by means of the variety of days inside the value period to find the fee consistent with day.be counted the variety of days that the price applies to every birthday party.Multiply the quantity of days that every birthday party is responsible for by means of the value in keeping with day to calculate the loan balance interest proration.
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If all the assumptions underpinning the policy irrelevance proposition are in place, fully anticipated monetary policy will:____.
If all the assumptions underpinning the Policy Irrelevance Proposition are in place, fully anticipated monetary policy will reduce inflation without any output or employment cost.
An important implication of the Policy Irrelevance Proposition is that the monetary authorities can reduce inflation without any output or employment cost. Thus, this policy is enacted by the central bank that involves the management of money supply and interest rates.
The goals of monetary policy are to promote maximum employment, moderate long-term interest rates, and stable prices. Thus, by implementing effective monetary policy all this could take place.
Hence, the answer is given and explained above.
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If the government puts a $5 tax per mp3 player on buyers of mp3 players, then the price paid by buyers of mp3 players would likely?
The price paid by buyers of mp3 players would likely to increased by less than $5. Taxes are compulsory payments made by a government organization, whether local, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Social Security and Medicare as well as public infrastructure and services like roads and schools.
Taxpayers can manage their finances to increased effects of taxes by having a clear understanding of what causes a tax situation. There are numerous types of taxes, and the most are levied as a percentage of a financial transaction.
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Country x allows market forces to guide its economy. however, it does regulate some transactions and has set a minimum wage for workers. what kind of economy does this country have?
The centralized kind of economy this country has.
A market economy is an economic system in which economic decisions and pricing of goods and services are guided by the interaction of individual citizens and firms in the country. There may be government intervention or central planning, but usually, the term generally refers to a market-oriented economy.
However, economists have identified six main functions of government in a market economy. The government provides the legal and social framework, sustains competition, provides public goods and services, redistributes income, modifies externalities, and stabilizes the economy.
No matter what the future holds, a business degree can help people succeed. Understanding how decisions are made, how markets work, how rules affect outcomes, and how the economy forces drive social systems can help people You will be able to make better decisions and solve more problems. It leads to success in business and life.
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If the quantity of bananas sold increases by 5 percent when the price decreases by 10 percent, the price change occurs in the?
-0.5% (inelastic) is the price change that occurs if the quantity of bananas increases by 5% when the price decreases by 10%
The formula to calculate the change in price is,
Price elasticity = Sales increase/ Price decrease
So, if the quantity of bananas sold increases by 5% when the price decreases by 10% the change in price will be -0.5 (inelastic)
Price elasticity= 5%/ - 10% = - 0.5 (inelastic)
It is advisable to raise the price to generate more money when demand is inelastic. Lowering the price is good when demand is elastic.
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Every month, ciara sorts her monthly cash into envelopes for each specific expense. she puts $500 in a grocery envelope, $250 for a gas envelope, and $100 for an entertainment envelope. she says this helps her control her spending. which type of budget is ciara using?
Ciara is using physical budget
What is a Budget?A budget is a plan of account for a defined period (often a year), usually not necessarily financial.
A budget can include expected sales and revenue, resource quantities including time, costs, expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities, and cash flows .
Businesses, governments, families, and other organizations use budgets to express strategic plans for their activities in measurable terms[1].
Budgets represent intended expenditures and suggested resource allocations to meet them. A budget can represent a surplus, where resources are available for later use, or a deficit, where spending exceeds income or other resources.
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A __________ agent can act for the client in all matters, including living arrangements.
A universal agent can act for the client in all matters, including living arrangements. A universal agent can act for the client in all matters, including living arrangement. A person who has the authority to handle all of their principal's business, regardless of the nature, is known as universal agent.
He has the authority to carry out any tasks that their principal has delegated to them. Power of attorney typically appoints universal agents. There can only be one universal agent per principal. In each of his business lines and in each of multiple locations, he might have a general agent.
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What is meant by finance related occupations?
Answer:
The finance industry offers a variety of job opportunities, both on and off Wall Street. Careers include financial planner, financial analyst, actuary, securities trader, portfolio manager, and quantitative analyst.
What are the two stages of accounting for a purchase discount using the gross method? (check all that apply.)
The two stages of accounting for a purchase discount using the gross method are:
2) the purchase is first recorded at full cost4) the inventory account is later reduced if payment is made within the discount periodWhat is a purchase discount?This refers to the cash discount which is a reduction in the price of a good if the buyer pays for it within the allowable period.
It also means an incentive that the seller gives to the buyer in hopes that the buyer will pay for the purchase in full before the actual due date.
Hence, the two stages of accounting for a purchase discount using the gross method are the purchase is first recorded at full cost and inventory account is later reduced if payment is made within the discount period.
Therefore, Option 2 & 4 is correct.
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Julie is a hair stylist. she makes $10.25 an hour, plus $6 extra for every haircut she performs. This week she worked a total of 40 hours and performed 46 haircuts. How much money did she make?
Answer:
$686
Explanation:
Equation:
Total money earned = 10.25y + 6x
y = total hours
x = number of haircuts
Factoring in the numbers the Equation now is:
Total money earned = 10.25 (40) + 6 (46)
Total money earned = $686
What are the two major forms of debt financing ? describe and differntiate between the two types
The two major forms of debt financing
Debt financing comes from two sources: selling bonds and borrowing from individuals, banks, and other financial institutions.
What is Debt Financing?Debt financing is the process through which a business sells debt instruments to retail and/or institutional investors in order to raise funds for working capital or capital expenditures.The people or organizations receiving the funds become creditors and are given the assurance that the principal and interest on the loan will be paid back.The other method of raising money in the debt markets is by issuing stock in a public offering; this process is known as equity financing.To know more about with equity financing the given link
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Describe the features of a voucher system and list typical supporting documents for a voucher
A voucher has the following features:
Voucher is a written documentary evidence.
It supports the entry which appears in the company’s books of accounts.
It also justifies the correctness of the entries made in the books.
Vouchers are pre-numbered, which helps in simplifying the audit trail.
Vouchers state the complete details of the transaction
Vouchers contain true and complete details of the transactions
It is prepared by the firm’s accountant and also countersigned by the firm’s accountant.
It is used for internal accounting control, which makes confirm that every transaction is duly authorized.
It is prepared at the time the transaction takes place.
Some of the supporting documents in a voucher can include:
Invoice received from the supplier.
Terms for payment including the amount owed, the due date of voucher, and any discounts granted by the supplier for paying the invoice early.
Vendor or supplier name to whom it is to be paid.
The company's purchase order.
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Relapses sometimes occur when trying to change a behavior. if this happens, the best strategy is to?
Relapses sometimes occur when trying to change a behavior. if this happens, the best strategy is to avoid placing blame on yourself and instead acknowledge the progress you've achieved.
Relapse itself is a treatment failure, therefore the term "relapse treatment" is somewhat misleading.
Nevertheless, there are three main strategies that are now employed to lessen the chance of drug relapse.
These consist of medication, cognitive behavioral therapy, and contingency planning.
Identifying the requirements that were previously satisfied by drug use and developing the abilities necessary to meet those needs in other ways are the fundamental objectives of treating substance dependency and preventing relapse.
Hence, Relapses sometimes occur when trying to change a behavior. if this happens, the best strategy is to avoid placing blame on yourself and instead acknowledge the progress you've achieved.
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What is the federal housing administrations primary role in the mortgage market?
Ensure mortgages FHA-approved lenders provide home buyers is the federal housing administration's primary role in the mortgage market.
A mortgage is a contract between you and a lender that entitles the lender to take your property if you fail to repay the money and interest you borrowed. Mortgage loans are used to buy a home or borrow money depending on the value of a home you already own. 7 Things to Look for in a Mortgage.
Learn about the four main types of mortgages: conventional loans, FHA loans, VA loans, and USDA loans. You probably fall into more than one type, so take some time to learn the strengths and weaknesses of each type. An example of a mortgage is when you go to the bank to borrow money for your house. A mortgage is a loan taken out to buy a property and backed by the same property. An example of a mortgage is the loan you took out when you bought your home. Claim prepayment or liability claims.
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Decisions by depositors to increase their holdings of ________, or of banks to hold excess reserves will result in a ________ expansion of deposits th
Decisions by depositors to increase their holdings of currency, or of banks to hold excess reserves will result in a smaller expansion of deposits. The technique through which banks make more money by using money that has already been deposited is known as deposit expansion.
The money grows because it enters the economy again when banks lend it out. Deposits in a bank do not enhance the total amount of money available before they are lent out. The amount deposited doesn't actually change; just the content of the monies does. Only when funds that have been deposited are loaned out does money actually exist.
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Why do managers get paid more?
A. They have worked longer.
B. Their job is harder.
C. They control the paycheck.
The answer is B. Their job is harder.
The reason for this is that managing people can be very challenging. There is a lot of unpredictable behavior on their part most of the time. It is difficult to get your subordinates to do the work you ask them to do. It requires a high level of skill and experience.
Rachel bought her house years ago for $100,000. over the years she has made $25,000 in improvements to the home. the house is now valued at $275,000. this is an example of the principle of:________
This is an example of the principle of unearned increment.
Unearned increment refers to the amount by which land increases in value because of generally improving conditions in the area, and not because of any particular efforts by the property owner.
When Rachel bought her house years ago, the price of the house was $100,000. Over the years she made improvements worth $25,000.Thus, the house is now valued at $275,000. Which is an unearned increment.
For instance, the value of a property increases because of the population increase in that particular region.
Hence, unearned increment is an increase in the value of land or other property through no expenditure by the owner.
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Fred pittman has invested $10,000 in his son’s motorcycle repair shop, but he takes no part in its management. pittman is a(n):_________
Fred pittman has invested $10,000 in his son’s motorcycle repair shop, but he takes no part in its management. pittman is a limited partner.
Similar to a general partnership, a limited partnership is a type of partnership but unlike a general partnership, a limited partnership needs at least one general partner (GP) and at least one limited partner.
A limited partner is a shareholder whose liability for the company's debts is limited to the amount they contributed to the business. Silent partners are another name for limited partners.
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How would a company report a change in an accounting principle made on the last day of the third quarter?
If a company changes an accounting principle on the last day of the 3rd quarter they need to apply a retrospective application to all pre-change interim periods reported.
What is accounting?Accounting is the process of documenting a business's financial transactions. These transactions are compiled, examined, and reported to oversight organizations, regulatory bodies, and tax collection organizations as part of the accounting process. A company's operations, financial condition, and cash flows are summarized in the financial statements that are used in accounting. They provide a succinct summary of financial transactions across an accounting period. One of the most important aspects of practically every firm is accounting. Small businesses may have a bookkeeper or accountant manage it, whereas larger corporations may have vast finance departments with many people.Management can make wise business decisions thanks to the information produced by many streams of accounting, including cost accounting and managerial accounting.
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Jim is a manager in a retail business. to be an effective manager and active leader, jim should try to have how many people as direct reports?
Jim is a manager in a retail business. to be an effective manager and active leader, Jim should try to have seven people as direct reports.
Employees who report directly to someone who is above them in the organisational structure, frequently a manager, are referred to as direct reports.
The ideal number of direct reports for each senior leader or director is seven to eight. A direct report is a worker who, in the hierarchical organisational structure of a company, is subordinate to a management or other person above them. The direct reportee is the individual who receives their reports.
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Which three companies have broad differentiation strategies that have allowed them to maintain long-term competitive advantages?
apple
- johnson and johnson
- BMW
- the reason why Walmart isn't is that it purses a low-cost provider strategy three companies have broad differentiation strategies that have allowed them to maintain long-term competitive advantages
the question is incomplete .please read below to find the missing content.
A plan of action results from a strategy or purpose for achieving a particular goal. A strategy is defined as an action plan. An example of a strategy is a football team that wins using the particular game a coach plays. A carefully crafted plan of action.
Which three companies have broad differentiation strategies that have allowed them to maintain long-term competitive advantages?
- Apple
-Johnson & Johnson
-Walmart
-BMW
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Assuming you are an economically rational consumer how many bottles of water will you consume?
A rational consumer will drink water unless its want is satisfied. The term "utility" refers to the overall satisfaction or benefit gained from using a good or service. The Customers will try to maximize their utility, according to a common assumption in economic theories of rational choice.
Understanding the economic utility of a good or service is critical because it has a direct impact on demand and, consequently, price. In practice, consumer utility is typically impossible to assess or quantify. Some economists believe that by employing a variety of models, they can indirectly assess the usefulness of an economic commodity or service.
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All choices can have unintended consequences. when those outcomes affect someone who had no part in the initial choice, what is it called?
The answer is Externalities. When outcomes affect someone who had no part in the initial choice, it is called Externalities.
What do you understand about externalities? One good example of the same can be how the smoke emitted from factories has a direct affect on the health of the general citizens of that place. Externalities happen when an unintended consequence affects a third-party which is not directly involved. There are four main types of externalities: inter firm externalities, beneficial externalities, consumption externalities, and public good externalities. They have various effects like they can create some divergence between the social, private benefit and the social and cost benefit.To understand about externalities visit: https://brainly.com/question/17373928?
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What is the space between the buyer’s reservation price and the seller’s reservation price called?
The space between the buyer’s reservation price and the seller’s reservation price is called the Total surplus.
What is reservation price for buyer?
A reserve price or reservation price is a word frequently used in auctions and refers to the lowest amount a seller will accept as a successful bid. An alternate, less well-known definition is the highest price a customer will pay for a good or service.
What is producers reservation price?
The minimal price that buyers and sellers are ready to accept in order to buy or sell a good is known as the reservation price. It is the highest price a potential buyer or consumer is willing to pay for a good; for a seller or producer, it is the lowest price they are willing to accept.
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A firm expects to sell 25,500 units of its product at $11. 50 per unit and to incur variable costs per unit of $6. 50. total fixed costs are $75,000. the total contribution margin is:_____.
A firm expects to sell 25,500 units of its product at $11. 50 per unit and to incur variable costs per unit of $6. 50. total fixed costs are $75,000. the total contribution margin is $127500.
The contribution margin is computed as the promoting rate per unit, minus the variable fee in keeping with the unit. additionally referred to as greenback contribution in keeping with the unit, the measure shows how a specific product contributes to the general profit of the organization.
The closer a contribution margin percentage, or ratio, is to 100%, the better. The better the ratio, the more money is available to cowl the commercial enterprise's overhead expenses or fixed prices. However, it is more likely that the contribution margin ratio is well below one hundred%, and possibly beneath 50%.
Contribution margin, or greenback contribution per unit, is the selling rate per unit minus the variable price in step with the unit. "Contribution" represents the part of sales revenue that is not consumed through variable expenses and so contributes to the coverage of constant fees.
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