Explain equilibrium of the firm under perfectly competitive market by choosing output level at which
a. P=MC=MR and Firm is making zero economic profit
b. P=MC=MR and Firm is making a loss
c. Explain shut down rule with the help of graph
Answers
a. In perfect competition, equilibrium occurs when P=MC=MR, resulting in zero economic profit for the firm. b. Equilibrium is at P=MC=MR, but with price below ATC, causing a loss for the firm. c. The shutdown rule advises the firm to stop production when price falls below AVC to minimize losses.
a. In a perfectly competitive market, equilibrium for a firm occurs when the price (P) is equal to the marginal cost (MC), which is also equal to the marginal revenue (MR).
At this output level, the firm is making zero economic profit, meaning its total revenue (TR) equals total cost (TC). This occurs when the average total cost (ATC) intersects with the price (P) at the minimum point of the ATC curve.
b. When P = MC = MR and the firm is making a loss, the equilibrium output level is determined where the price is equal to the marginal cost. However, in this case, the price is lower than the average total cost (ATC) of production, resulting in a loss for the firm.
The firm will continue to produce as long as it can cover its variable costs, but it will incur losses in the short run.
c. The shutdown rule states that a firm should shut down production in the short run if the price falls below the minimum average variable cost (AVC). This means that the firm is unable to cover its variable costs and would minimize its losses by ceasing production.
The shutdown point is where the price (P) intersects with the average variable cost curve, and the firm would produce zero output in this situation. The graph would show the AVC curve intersecting the price below the average total cost (ATC) curve.
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Related Questions
4 of 5) What is a good way to stay diversified?
A. Invest only in ETFs
B. Invest only in Mutual Funds
C. Re-balance your portfolio every 3 months
D. These are all good ways to stay diversified
Answers
Answer:
D?
Idrk but yeah Uhm coolll
3. Why are people who are unemployed but not looking for work not included in
the unemployment figures? (Hint: think of teenagers)
Need help due TODAY
Answers
Answer:
Because they don't keep track on it.
Explanation:
Basically they are just included in it because they don't keep track of it. Hope that helps!
How can being involved in extracurricular activities help you stand out on your college application?
Answers
Answer:
Extracurriculars such as clubs, community service organizations, and sports help you stand out on college apps because it shows you can handle more than just school. it also shows involvement in your school or community and dedication. not everyone is in an extracurricular so being in one makes you different from others.
Explanation:
Which of the following reflects an increase in demand, while holding supply constant?
a. A decrease in both equilibrium price and quantity
b. An increase in equilibrium price and a decrease in equilibrium quantity
c. An increase in both equilibrium rice and quantity
d. An increase in equilibrium quantity and a decrease in equilibrium price
Answers
Answer: C. An increase in both price and quantity
Explanation:
The repayment of a note payable is classified in the statement of cash flows as a(n): _______
a) noncash activity.
b) investing activity.
c) operating activity.
d) financing activity.
Answers
The repayment of a note payable is classified in the statement of cash flows as a financing activity.
The financing activity in the cash flow statement focuses on how a firm raises capital and pays it back to investors through capital markets. The largest line items in the cash flow from financing activities statement are dividends paid, repurchase of common stock, and proceeds from the issuance of debt.
The cash flow from financing activities helps investors see how often and how much a company raises capital and the source of that capital.
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what are the are the three groups of the economy
Answers
There are three main types of economies: free market, command, and mixed.
A hedger is
A. any individual or firm that buys or sells physical commodities.
B. is an intermediary that facilitates commodity trade transactions.
C. seeks to profit from speculating on future price movements.
D. is only a consumer that wishes to buy or sell physical commodities.
Answers
A hedger is an individual or firm that seeks to reduce the risk associated with price fluctuations in physical commodities. Hedgers use various financial instruments such as futures contracts, options. The correct answer is option A
Unlike speculators who seek to profit from price movements in the commodity markets, hedgers take positions in the markets to reduce the impact of price volatility on their businesses. For instance, a farmer may hedge against the risk of falling prices for crops by selling futures contracts before the harvest.
Similarly, a food processing company may hedge against rising prices for raw materials such as wheat, corn, or soybeans by buying futures contracts. In this way, hedgers can protect themselves from potential losses caused by adverse price movements in the markets. While hedging does not guarantee profits, it can help businesses manage risk and stabilize their earnings.
Therefore, hedging is an essential tool for managing price risks in the physical commodities market, and it is used by producers, consumers, and traders alike. The correct answer is option A
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What expansionary fiscal tools can be used to promote employment and economic growth when price levels are not a concern?
Answers
Expansionary fiscal tools can be used to promote employment and economic growth when price levels are not a concern including increasing government spending, decreasing taxes, or increasing government transfers.
What is the purpose of expansionary fiscal tools?The purpose of expansionary fiscal tools is to augment growth to a healthy economic level, which is significantly required during the contractionary phase of the business cycle.
In this phase, the government has the desire to decline the standard of unemployment, enhance consumer demand, and circumvent a recession. If a recession has already taken place, then it searches to end the downturn and prevent a recession.
According to the context of this question, each expansionary fiscal tool has its own terms and condition which is imposed on the basis of certain criteria. For this, enhancing the spending of the government, reducing the taxation rates, increasing the transfer made by the government, etc. are the major ones.
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Help me with this please.
Answers
Answer:
its customer service and desion making
Explanation:
hope it help btw i search it up and it said that so its right
The Age Discrimination in Employment Act of 1967 prohibits discrimination against employees aged _______ and older. Group of answer choices a. 21 b. 39 c. 40 d. 41 e. 65
Answers
The Age Discrimination in Employment Act of 1967 prohibits discrimination against employees aged
C. 40What is Age Discrimination in Employment Act of 1967?This refers to the government policy where there is the protection for people aged 40 and older from being discriminated and prevented employment.
With this in mind, we can see that this Act was enacted in 1967 in order to encourage the employment of older people who were previously rejected in favor for more younger people.
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Based on the question above, the correct answer goes thus:
c. 40The ADEA prohibits employment discrimination against persons 40 years of age or older.
In conclusion, we can conclude that the correct answer is 40
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Which of the following tools might an HR manager use to most effectively
manage employees living in other countries?
O A. Notes from company meetings that the HR manager can mail to
remote employees
B. Online documents that can be shared and edited at any time by
employees
C. Paper documents that the employee and HR manager can fax to
one another
D. Conference calls between HR managers and employees outside
working hours
Answers
The tools that an HR manager might use to most effectively manage employees living in other countries is: D. Conference calls between HR managers and employees outside working hours.
Who is an HR manager?An HR manager can be defined as the person whose sole responsibility is to recruit or hire employee for the company as well as to ensure that the welfare of the employee among others are well taking care of.
On the other hand a conference call is a telephone call in which made it possible for several people to connect or participate at the same time, by making use of a speakerphone or a computer with internet access.
Conference call tend to allows multiple participants in different locations to communicate with one another simultaneously.
Therefore the correct option is D.
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Estimated Tax Payments
As an employee, some of your taxes are paid with
each paycheck throughout the year. But as a self-
employed business owner, you need to estimate what
you will need to pay in the upcoming year and make
payments four times a year, or quarterly.
If Chinwe owes $2,164.00, what would her
quarterly payments be?
Type in payment amounts in each open field.
Payment of
April 15
Payment of
June 15
Payment of
September 15
Payment of
January
Answers
Answer:
The right answer is 541
Chinwe's Quarterly Payment of her upcoming year's tax liability will be as follows:
Payment Date Payment Tax Liability
April 15 $541 $1,623 ($2,164 - $541)
June 15 $541 $1,082 ($1,623 - $541)
September 15 $541 $541 ($1,082 - $541)
January 15 $541 $0 ($541 - $541)
Data and Calculations:
Estimated liability for upcoming year = $2,164
Payment period = Quarterly or 4 times a year
Quarterly payments = $541 ($2,164/4)
Thus, Chinwe's quarterly payment is $541.
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A(n) _____ is a social responsiveness strategy in which a company accepts responsibility for a problem and does all that society expects to solve that problem. discretionary strategy reactive strategy defensive strategy accommodative strategy
Answers
An accommodative strategy is a social responsiveness strategy in which a company accepts responsibility for a problem and does all that society expects to solve that problem.
A society is a group of people in regular contact with each other who reside in the same physical or social realm and are usually under the control of the same political leadership and general cultural expectations, or a significant society. group. Society is defined by the relationship patterns that exist among people who share a common culture and set of institutions.
A society can be defined as the totality of these relationships among its members. In the social sciences, subgroup dominance or stratification patterns often occur in larger societies. Society creates patterns of behavior by designating certain behaviors and ideas as acceptable or unacceptable.
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where to buy secco strawberry and raspberry rossini
Answers
Beethoven recognized and admired Rossini's talent. He admired him for his creative abilities, which allowed him to write so many operas in such a short period of time.
What is the difference between Rossini and Bellini?The main distinction between a bellini and a Rossini is the other ingredients in the cocktail. Bellini replaces orange juice in the traditional mimosa with peach juice and prosecco. Rossini, on the other hand, is made with strawberries.
Rossini, whose great epics were written between 1813 and 1829, is best regarded as a Classical composer—in fact, at the age of 39, he stopped writing operas because he couldn't do the new Romantic thing that was so popular.
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Name two books of prime entry that are also books of double entry?
Answers
Answer:
Cash payment journal
Petty cash payment journal
Explanation:
For this assignment, you will create a multimedia presentation on Marketing, Sales, and Service tasks and work environments to demonstrate understanding of these careers.
Answers
Marketing is process of identifying, anticipating, and satisfying customer needs and wants through the creation, promotion, and distribution of the products or services.
What is distribution?In statistics, a distribution refers to the way in which a set of data is spread out or organized. It provides information about the possible values of a variable and how frequently those values occur. A distribution can be represented graphically using various types of charts such as histograms, box plots, and density plots. Common characteristics of a distribution include its central tendency (e.g., mean, median, mode), its spread or variability (e.g., range, standard deviation), and its shape (e.g., skewed, symmetrical). Understanding the distribution of a dataset is important in many fields, including finance, economics, and science, as it can provide insights into the underlying patterns and relationships in the data.
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you want to create a portfolio as risky as the market and you have $1 million to invest. given this information, fill in the rest of the following table. (please keep two digits after the decimal point.)
Answers
336,046.51 is the portfolio of the $1 million investment. Portfolios are mixtures of investments in varied ratios of risky equities and safe assets.
Please take note that the market and risk-free asset bets both equal 1.
Also,
Let x be the investment amount in Stock C.
Determining the amount invested in a risk-free asset is consequently (1,000,000 - 195,000 - 340,000 - x) = 465,000 - x.
Now,
Portfolio Risk equals 1.
1 = 0.90 * (195,000/1,000,000) + 1.15 * (340,000/1,000,000) + 1.29 * (x/1,000,000) + 0* ((465,000 - x)/1,000,000)
1 = 0.1755 + 0.391 + (1.29x/1,000,000)
1 = 0.5665 + (1.29x/1,000,000)
0.4335 = (1.29x/1,000,000)
433,500 = 1.29x
x = 336,046.51
Therefore, Please take note that the market and risk-free asset bets both equal 1.
Also,
Let x be the investment amount in Stock C.
Determining the amount invested in a risk-free asset is consequently (1,000,000 - 195,000 - 340,000 - x) = 465,000 - x.
Now,
Portfolio Risk equals 1.
1 = 0.90 * (195,000/1,000,000) + 1.15 * (340,000/1,000,000) + 1.29 * (x/1,000,000) + 0* ((465,000 - x)/1,000,000)
1 = 0.1755 + 0.391 + (1.29x/1,000,000)
1 = 0.5665 + (1.29x/1,000,000)
0.4335 = (1.29x/1,000,000)
433,500 = 1.29x
x = 336,046.51
Therefore, Portfolios are mixtures of investments in varied ratios of risky equities and safe assets. Instead of investing in risky assets, portfolios can be constructed to have higher returns and lower risks.
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Uber’s expansion on the innovation front requires strategic planning by senior management. Once this planning has been completed, middle management would be responsible for implementing these plans through.
Answers
Once this planning has been completed, middle management would be responsible for implementing these plans through (B) tactical planning.
What is tactical planning?Tactical planning is a method that aids in the creation of short-term and distinct plans that aid in the fulfillment of a business's, organization's, or individual's long-term plans. Strategic planning assists businesses in determining and laying out a long-term plan based on corporate objectives.There are several components to tactical planning. For example, breaking down organizational goals that are longer than two or three years, and establishing a goal-oriented calendar with short-term targets, such as a target for the next three months or six months.Therefore, once this planning has been completed, middle management would be responsible for implementing these plans through (B) tactical planning.
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The complete question is given below:
Uber’s expansion on the innovation front requires strategic planning by senior management. Once this planning has been completed, middle management would be responsible for implementing these plans through
Multiple Choice:
(A) operational planning.
(B) tactical planning.
(C) operating.
(D) strategic control.
(E) action plans.
John and Jane decide to go on a vacation. As a result, they withdraw $2,500 from their savings account. As a result of this transfer by itself
a. M1 increases by $2,500 and M2 decreases by $2,500.
b. M1 increases by $2,500 and M2 stays the same.
c. M1 decreases by $2,500 and M2 stays the same.
d. M1 decreases by $2,500 and M2 decreases by $2,500.
Answers
According to the question A. M1 increases by $2,500 and M2 decreases by $2,500. When John and Jane withdraw $2,500 from their savings account, M1 increases because it measures the total amount of currency in circulation.
What is currency?Currency is defined as money in any form when in actual use or circulation as a medium of exchange, especially circulating paper money. Currency is a generally accepted form of money, including coins and paper notes, which is issued by a government and circulated within an economy. Currency is used as a medium of exchange to facilitate the trade of goods and services and is used as a store of value. Currency is also a unit of account, which allows for the valuation of goods, services, and debts.
This increase is offset by a decrease in M2, which measures all forms of money, including savings accounts.
Therefore, the correct option is A.
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Opponents of a project do not belong to the category of stakeholders. (True or False)
Answers
The given statement is False as they have a vested interest in the project's outcome and can be affected by its implementation.
Stakeholders are individuals, groups, or organizations that have a direct or indirect interest in a project or its outcomes. They can include various parties such as employees, customers, suppliers, shareholders, local communities, government agencies, and even opponents or critics of the project.
Opponents of a project are individuals or groups who express opposition, concerns, or disagreement with the project's goals, objectives, or potential impacts. They may have different perspectives, conflicting interests, or perceive potential negative consequences associated with the project.
While stakeholders typically encompass a broad range of individuals and groups, including those who support or are directly involved in the project, opponents are also recognized as stakeholders. Their viewpoints and concerns need to be considered and addressed to ensure effective stakeholder management and project success.
Engaging with opponents and understanding their perspectives can provide valuable insights, help identify potential risks or issues, and enable project managers to develop strategies to mitigate concerns, improve project outcomes, or address any negative impacts.
Recognizing opponents as stakeholders fosters transparency, inclusivity, and effective communication, which can contribute to better decision-making and project outcomes.
Therefore, opponents of a project do belong to the category of stakeholders, although they may have divergent interests or perspectives compared to other stakeholders.
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According to the environment industry organization for model cell 2 represents which of these environments
Answers
It should be noted that in the environment industry organization model, cell 2 simply means B. Complex stable environment.
The business or industry environment simply means the environment where an organization operates. It includes the customers, partners, suppliers, etc.
In the environment industry organization model, cell 2 simply means the complex stable environment.
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what is one disadvantage of not having a checking account?
Answers
Answer:
A disadvantage could be paying the bills in person, having to pay bills AND gas money.
Eloise, the director of Human Resources at her organization
Answers
Since Eloise is working to determine its human resource needs for the next five years, her first course of action is: assessing the future labor supply.
What is Human resources management?Human resources management (HRM) can be defined as an art that involves effectively and efficiently managing, controlling and improving the functions, number of employees or workers, activities that are being used by an organization.
This ultimately implies that, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization because they are the most important asset of any organization.
In conclusion, Eloise's first course of action is assessing the future labor supply for her organization.
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Complete Question:
Eloise, the director of human resources at her organization, is working to determine its human resource needs for the next five years. Eloise's first course of action is?
Planning , using a five step process.
What is the purpose of Journals in the accounting cycle?
A. Provide proof of all transactions
B. Record transactions for a business
C. Determines if credits and debits are equal
D. Records transactions in accounts
Answers
Answer:
b. record transactions for business
Explanation:
A journal is a detailed account that records all the financial transactions of a business, to be used for the future reconciling of accounts and the transfer of information to other official accounting records, such as the general ledger.
An investment company registered under the investment company act of 1940, whose specific purpose is to aid in the promotion and development of small businesses, is:_________
Answers
An investment company registered under the investment company act of 1940, whose specific purpose is to aid in the promotion and development of small businesses, is a business development company.
What is investment?
An investment is a valuable item bought with the intention of increasing one's wealth. While stocks, bonds, and real estate are frequently included when discussing investments.
According to the company are the registered to the company act of 1940, the business development of the company are the specific purposes of the promotion and the development of the small business.
As a result, the business development company is the company act of 1940.
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which of the following is not one of the reports that you should print and review as a final step in new company setup?
Answers
The report that is not included in the final step of new company setup is the "Trial Balance" report.
The other reports that should be printed and reviewed as part of the final step include the Balance Sheet, Income Statement, Statement of Cash Flows, and General Ledger. These reports provide a comprehensive overview of the company's financial standing and are crucial for ensuring accuracy and completeness in the setup process. The Trial Balance report, on the other hand, is typically used during the reconciliation process and is not necessary for the final step of setup.
The report that you should NOT print and review as a final step in a new company setup is the Employee Performance Review. When setting up a new company, important reports to review typically include financial statements, balance sheets, income statements, and cash flow statements. The Employee Performance Review is not relevant at this stage, as it focuses on individual employee performance rather than the overall company setup.
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Name the one sport in which neither the spectators nor the participants know the score or
the leader until the contest ends.
Answers
Answer:
Boxing
Explanation:
jordan moved from the united states and took a job at a company based in china. he was always trying to get his co-workers in china to discuss their personal feelings regarding corporate decisions, but they were reluctant to do so because such conversations were not typical of their culture. jordan's behavior is an example of
Answers
Jordan moved from the United States and took a job at a company based in China. He was always trying to get his co-workers in China to discuss their personal feelings regarding corporate decisions but they were reluctant to do so because such conversations were not typical of their culture. Jordan's behavior is an example of Emotional Intelligence.
In the Emotional Intelligence, the worker perform their work at company with keep in mind some aspects which are ability to understand, and manage their own emotion in positive way.
He was reluctant to discuss their personal feelings regarding corporate decisions because he didn't want co-workers feel low due to such conversations were not typical of their culture but he was also tried to get company performed good by his decision.
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156. Organizationally sponsored career planning can further employee growth, tap employee potential, and satisfy employee needs. True False
Answers
Organizationally sponsored career planning refers to the process in which an organization helps its employees identify their career goals and provides them with resources to achieve those goals.
This process involves identifying an employee's strengths and weaknesses, their interests and career aspirations, and developing a plan that will enable them to achieve their desired career outcomes. Career planning is important for both employees and organizations. For employees, it helps them understand their career path and work towards their professional goals. For organizations, it ensures that they have a workforce that is engaged and motivated, leading to higher job satisfaction, retention rates, and productivity. By providing employees with opportunities for growth and development, organizations can tap into their potential and create a workplace culture that supports employee well-being and success.
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Grayson really wants to get an a on his upcoming math test but he hates studying. He decides to set a goal for himself to study for 20 minutes every night this week and preparation for the quiz Friday.What kind of goal Grayson set for himself?
Answers
Answer: short term goal
Explanation:
A short-term goal is a goal that an economic agent such as an individual or a fitm wants to achieve or accomplish soon. Short term goals are goal that one wants to achieve maybe today, in a week, in a month or even probably a year.
Since Grayson really wants to get an a on his upcoming math which is coming soon, the goal that he sets to study for twenty minutes every night is referred to as a short term goal.