The total cost of producing a given level of output is:____.
a. minimized when marginal product multiplied by input price is equal for all inputs.
b. minimized when the marginal products of all inputs are equal.
c. maximized when a corner solution exists.
d. minimized when the ratio of marginal product to input price is equal for all inputs.

Answers

Answer 1

Answer:

The total cost of producing a given level of output is:____.

d. minimized when the ratio of marginal product to input price is equal for all inputs.

Explanation:

With the above situation, the marginal cost (input price) = the marginal revenue (marginal product).  The producer can then maximize profit if it can lower its average total cost per unit below the marginal cost for producing one additional unit of its product.  In all cost situations, it is better for the producer to have the total revenue exceeding the total costs, at all times, but more especially with increasing production.


Related Questions

Oriole Company issues $270,000, 20-year, 10% bonds at 102. Prepare the journal entry to record the sale of these bonds on June 1, 2022.
(Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Account Titles and Explanation Debit Credit
Cash
Bonds Payable 270,000
Premium on Bonds Payable

Answers

Answer:

Explanation:

Date      Account titles and Explanation        Debit         Credit

Jun 01    Cash (270,000*102%)                     $275,400

                    Bonds payable                                              $270,000

                    Premium on Bonds Payable                          $5,400

          (to record the sale of these bonds)

Why would you want to limit your borrowing when making economic decisions ?

Answers

Answer:

so they can end up spending less on interest payments and credit card fees.

Explanation:

A positive consequence of organizational distress may take the form of: a. functional turnover. b. absenteeism. c. employee work stoppage. d. performance increments.

Answers

Answer:

a. functional turnover

Explanation:

Organizational distress is arise when the anxiety level of the management is too high to adapt for modify

Now the positive result for the organziational distress would take a form of functional turnover as the turnover of the company depend upon the different kinds of functions

Hence, the correct option is a.

Money Bank has $500 million dollars in deposits and has 12 percent reserve ratio, how much can Money Bank lend

Answers

Answer:

Money Bank can lend up to $4,167 million.

Explanation:

a) Data and Calculations:

Total deposits = $500 million

Reserve ratio = 12%

Money created by Money Bank = $500/12% = $4,166,666,667

b) The total amount of money which Money Bank can create and lend is dependent on its customers' deposits and the reserve ratio.  This amount can be calculated by dividing the total deposits by the reserve ratio.  This implies that the less the reserve ratio, the more money Money Bank can create and lend out to customers.

The 2013 Rana Plaza factory collapse, which killed 1,100 mostly female workers, is a reminder that, globally, many people work in _________

Answers

Explanation:

Rana plaza is place in Bangladesh which which housed five garment factories, killed at least 1,132 people and injured more than 2,500. Sohel rana the owner of the plaza got jailed because of corruption in building construction.The incident reveals that the many people work in garment factory  in Bangladesh.

Discuss the tradeoffs between fiber-optic and satellite communication in terms of costs, signal capacity, signaling method, interference, likelihood of failure and repair issues, multipoint capability, reconfiguration capability and noise.

Answers

Answer:

Explanation:

I will split this answer into two options...

Fiber Optic communications work by sending data through beams of light through a series of fiber cables. This allows for data transfer at incredibly high speeds and with an almost non-existent probability of data loss. Since cables need to be connected from one end-point to another this form of communication becomes more expensive and the capability of reconfiguration becomes incredibly difficult. The likelihood of failure is also very low due to the nature of the technology.

Satellite communication sends data wirelessly by beaming the data to satellites and then back down to the destination. This allows for data to be transferred worldwide but runs into the risk of interference, data loss, signal loss etc. Costs are much cheaper than Fiber Optics due to the lack of wiring. Multipoint capabilities are high since endpoints can be placed anywhere with a clear line of sight to the sky, which also means that reconfiguration capabilities are high as well.

A proposed new project has projected sales of $195,000, costs of $92,000, and depreciation of $25,200. The tax rate is 25 percent. Calculate operating cash flow using the four different approaches. (Do not round intermediate calculations.)
Operating cash flow
EBIT +Depreciation - Taxes 58,800
Top-down
Tax-shield
Bottom-up

Answers

Answer:

EBIT + Depreciation - Tax

= (195000-92000-25200) + 25200 - 19450

= $83,550

Top down OCF = EBIT - (EBIT * Tax) + Depreciation  

Top down OCF = (195000-92000-25200) - ((195000-92000-25200) * 0.25) +25200

Top down OCF = 77800 - 19450 + 25200

Top down OCF = $83,550

Tax shield OCF = (Sales - Exp) (1-tax) + (Dep * tax)  

Tax shield OCF = (195000-92000) (1-0.25) + (25200 * 0.25)  

Tax shield OCF = 77250 + 6300

Tax shield OCF = 83550

Bottom Up OCF = Net Income + Dep

Bottom Up OCF = (77800 * (1-0.25) + 25200

Bottom Up OCF = 83550

If Bundle of Goods A contains two pizzas and three sodas, and Bundle B contains three pizzas and three sodas, then Patrick will select Bundle B based on the principle of __________.

Answers

Answer:

utility satisfaction

Explanation:

In simple words, the principle of utility satisfaction states that each and every customer have their own preferences and choice thus their utility satisfaction constraints are different.

In the given case, if the volume of the product is same in both the bundles then the nature of the product that provides more utility to the customer will be chosen by him or her.

Suppose we are interested in bidding on a piece of land and we know one other bidder is interested. The seller announced that the highest bid in excess of $9,700 will be accepted. Assume that the competitor's bid is a random variable that is uniformly distributed between $9,700 and $14,700.

Answers

Supposing we bid $12,000 and $14,000 on the piece of land, the probability that the bid will be accepted is 0.46 and 0.86 respectively.

What is a probability?

As a branch of mathematics, a probability is mostly concerned with the analysis of random phenomena, that is, it is based of the idea that the outcome of a random event cannot be determined before it occurs but it may be any one of several possible outcomes.

Given data

Highest bid in excess of $9,700 will be accepted.

Competitor's bid between $9,700 and $14,700.

Probability that your bid will be accepted:

= (12000 - 9700) / (14700 - 9700)

= 0.46

Probability that your bid will be rejected

= (14000 - 9700)/(14700 - 9700)

= 0.86

Missing words "Suppose you bid $12,000. What is the probability that your bid will be accepted and Suppose you bid $14,000. What is the probability that your bid will be accepted"

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Match each cost with the investment type to which it relates. investment advisory fees administrative costs commissions hourly fees

Answers

Answer:

Stocks and bonds: commissions and hourly fees

Mutual funds: administrative costs and investment advisory fees

Explanation:

Stocks and bonds: commissions and hourly fees.

Mutual funds: administrative costs and investment advisory fees.

What are Mutual funds?

In order to engage in securities such as stocks, bonds, money market instruments, and other assets, mutual funds pool the funds from shareholders.

Professional money administrators run mutual funds, allocating the assets and attempting to generate capital gains or income for the fund's investors.

The portfolio of a mutual fund is set up and kept up to date in accordance with the specified investment goals in the prospectus.

Small or individual investors have access to expertly managed portfolios of stocks, bonds, and other securities through mutual funds. As a result, each shareholder shares proportionately in the fund's profits or loses.

The performance of mutual funds, which invest in a huge variety of securities, is typically measured by changes in the fund's overall market capitalization.

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____ anxiety is the feeling that unless an organization makes a change, it is going to be out of business or fail to achieve some important goals.
A. Functional.
B. Organizational.
C. Survival.
D. Learning.

Answers

Answer:

C. Survival.

Explanation:

Given that Survival in terms of the business firm means that a firm in business survival level often results to reducing the cost of operation as much as possible, including reducing workers, keeping more cash, rather than working towards the growth of the business firm, and many more so as not to enter into insolvency.

Hence, SURVIVAL anxiety is the feeling that unless an organization makes a change, it is going to be out of business or fail to achieve some important goals.

Which statement best describes what a project manager controls?
the overall choice of which work becomes a project
the overall deadline when a project is due
the overall resources allocated for a project
the delegation of responsibilities in a project

Answers

Answer:

I believe it’s the delegation of resources

Explanation:only other logical choice is delegation of responsibilities but that’s up to the boss or who assigned the project in the first place

The statement that best describes what a project manager controls is the delegation of responsibilities in a project.

Who is a project manager?

A project manager refers to the person who has the responsibility of planning and executing a project.

The delegation of responsibilities in a project is the best statement that describes what is controlled by the project manager.

Therefore, D is the correct option.

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a single person making $240 weekly and claiming 1 allowance would have $13 withheld for income taxes.A married person making $240 weekly and claiming 1 allowance would have $3 withheld for income taxes.Do you think this is fair?Why or Why not?

Answers

No, it is not fair. If the money they earn is the same, the money withheld should be the same and their status should not affect it.

The current market value of the assets of ABCD is $86.28 million. The call option value on the firm's assets is $53.09 million. What is the market value of the firm's debt

Answers

Answer: $33.19 million

Explanation:

From the question, we are informed that the current market value of the assets of ABCD is $86.28 million and that the call option value on the firm's assets is $53.09 million.

The market value of the firm's debt will be the difference between the market value of assets and the call option value of the firm's assets. This will be:

= $86.28m - $53.09m

= $33.19 million

You have typically set work standards that were aimed: At the same level as other employees. At achieving the highest quality possible. Above average as compared to other employees. At completing the largest quantity of work.

Answers

Answer:

You have typically set work standards that were aimed:

At achieving the highest quality possible.

Explanation:

A good work standard, which is usually a written description of how a process should be done, guides consistent execution of a work process.  Current "best practice" is documented in the work standard, and this ensures complete implementation throughout the company.  A work standard provides the baseline, below which work should never be performed or accepted.  This implies that every good work standard aims at achieving the highest quality.

Employment testing Group of answer choices should be directly related to the job. was declared illegal by the EEOC in 1989, because it was often used to discriminate against women and minorities. is legal, but is a very poor predictor of worker performance. should focus on the most basic and general skills rather than on skills directly related to the job.

Answers

Answer:

Employment Testing:

is legal, but is a very poor predictor of worker performance.

Explanation:

Employment testing is legal.  However, it should be professionally developed and administered according to the employer's intended purpose.  That purpose must be to enable the employer hire employees that fit the profile of the organization. It is also used to predict a new employee's job performance and retainability.  But, it has been discovered that employment testing does not accurately predict the worker's future performance.

This case discusses the case of India and the potential impact of the new government's reforms on the future of India. The case discusses some of the factors that have prevented India from growing faster while also emphasizing the need for reforms. Answer the following questions:

1. What are some of the factors that show that India has lots of promise to shine among the emerging market economies?

2. What are some of the factors that are preventing India from achieving its full potential?

3. Why was China able to achieve such economic growth more easily than India?

4. What are some of the tough reforms that India has to go through in order to succeed?

Answers

Some of the factors that show that India has lots of promise to shine among the emerging market economies are;

India's substantial manufacturing growth, business-friendly reforms, infrastructure development, and political stability make the country the most notable developing market for investors to invest in.

What are some of the factors that are preventing India from achieving its full potential?

India would not be able to grow its economy or develop sustainably until gender and economic disparity are reduced. According to a recent United Nations Development Fund assessment, India trails behind several of its South Asian neighbors on the human development index (HDI), mostly due to inequities.

Why was China able to achieve such economic growth more easily than India?

While economic reforms may account for some of the differences, China outpaced India because:

(1) the economy was privatized sooner;

(2) prices were released sooner;

(3) the labor market underwent much deeper reforms; and

(4) the economy was opened up to international trade and foreign direct investment (FDI) sooner.

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6. Consider an economy described by the following equations:
Y = C + I + G
Y = 5,000 G = 1,000 T = 1,000
C = 250 + 0.75(Y − T) I = 1,000 − 50 r.
a. In this economy, compute private saving, public saving, and national saving.
b. Find the equilibrium interest rate.
c. Now suppose that G rises to 1,250. Compute private saving, public saving, and national saving.
d. Find the new equilibrium interest rate.

Answers

Answer:

(a) Private saving = Y-T-C

Private saving = 5000-1000-250-0.75(5000-1000)

Private saving = 750

Public saving = T - G

Public saving = 1000-1000

Public saving = 0

National saving = S = private saving+ public saving

National saving = 750

(B)  Equilibrium interest rate = S + I

750 = 1000 - 50r

-50r = 750 - 1000

-50r = -250

50r = 250

r = 250/50

r = 5%

(c) Private saving is unchanged

Public saving = 1000 - 1250

Public saving = - 250

(d) The new equilibrium interest rate

750 (-250) = 1000-50r

500 = 1000 - 50r

- 50r = 500 - 1000

- 50r = -500

-50r = 500

r = 500/50

r = 10%

What are the arithmetic and geometric average returns for a stock with annual returns of:__________.
a) 4%,
b) 9%,
c) -6%,
d) 18%

Answers

Answer:

Arithmetic average return = 6.25%

Geometric average return = 5.89%

Explanation:

Annual returns of 4%,  9%,  -6% and  18%

Arithmetic average return of the stock = ∑ 4%,9%,-6%,and 18% / n

= 25%/4

= 6.25%

Geometric average return formula = x1,*x2*x3 .....^1/n  - 1

Geometric average return = 1.04*1.09*(1-0.06)*1.18^1/4 -1

Geometric average return = 1.04*1.09*0.94*1.18^1/4 - 1

Geometric average return  = 1.25789^1/4-1

Geometric average return = 1.0589 - 1

Geometric average return = 0.0589

Geometric average return = 5.89%

Southern Home Cooking just paid its annual dividend of $0.74 a share. The stock has a market price of $14 per share and a beta of 1.16. The return on U.S. Treasury bills is 2.5 percent and the market risk premium is 6.8 percent. What is the firm’s cost of equity?

Answers

Answer:

10.39%

Explanation:

Calculation for What is the firm’s cost of equity

Using this formula

Cost of equity=Treasury bills+(Beta*Market risk premium)

Let plug in the formula

Cost of equity=0.025 + (1.16 x 0.068)

Cost of equity=0.025 + 0.0789

Cost of equity=0.1039*100

Cost of equity=10.39%

Therefore the firm’s cost of equity will be 10.39%

A measure of the outcome of a decision such as profit, cost, or time is known as a _____. a. forecasting index b. payoff c. branch d. regret

Answers

Answer:

b. payoff

Explanation:

In the context of business, this measurement is known as a payoff. In other words, it refers to whatever is obtained as a final result from a specific outcome generated after making specific decisions. Every business decisions revolve around what the potential payoffs will be in order to decide whether or not they will be worth making and if the benefits outweigh the negative aspects.

Users of accounting information can be divided into two main groups.

O production managers and purchasing managers
O customers and regulators
O lenders and shareholders
O internal and external

Answers

Answer:

internal and external

Explanation:

internal to make business decisions

external is for investors and creditors

List four issues you may have as a parent deciding succession plans for a family owned business of which you are in control. Include an idea on how you would address or attempt to resolve each issues.

Answers

Answer:

1. family fights, 2. kids not wanting to work at the family business, 3. lack of training, 4. pressure to hire family members, 1. hire other people that arent in the family, 2. convinve them to work there, 3. hire well trained people to train family, 4 hire them and see is they are good for the job or not and have themmstart at a easy position

Explanation:

Maytag Company earns $4.80 per share. Today the stock is trading at $59.25. The company pays an annual dividend of $1.40. a. Calculate the price-earnings ratio

Answers

Answer:

A. Price-earnings ratio= 12.34

B. Yield on the stock = 2.36%

Explanation:

A. Calculation for the price-earnings ratio using this formula

Price-earnings ratio=Market Price Per Share / Earnings Per share

Let plug in the formula

Price-earnings ratio=59.25 / 4.80

Price-earnings ratio= 12.34

B. Calculation for the yield on the stock using this formula

Yield on the stock=Annual dividends per share / market price per share

Let plug in the formula

Yield on the stock=1.40 / 59.25

Yield on the stock = 2.36%

Therefore the Price-earnings ratio is 12.34 while the Yield on the stock is 2.36%

What does haircare look like in 2030?

Answers

Answer:

Explanation:

WHO KNOWS we prob well be all dead by then

For the period from 2019 to​ 2020, a company reports the​ following: Percentage change in sales 30​% increase Percentage change in cost of goods sold 20​% increase Percentage change in gross profit 25​% increase If sales are $5,000,000 in​ 2019, what are sales in​ 2020?

Answers

Answer:

If sales are $5,000,000 in​ 2019, the sales in 2020 will be

$6,500,000

Explanation:

a) Data and Calculations:

                                                 2019     2020      Change

Percentage change in sales    100%     130%     30​% increase

Percentage change in cost of

  goods sold                             100%    120%     20​% increase

Percentage change in

 gross profit                             100%    125%     25​% increase

Sales are in​ 2019 =       $5,000,000   $6,500,000 ($5 million * 130/100)

Alternatively, the 30% increase can be computed, to get $1,500,000 ($5,000,000 * 30%).  This change in sales is then added to the 2019 sales figure to get $6,500,000, which is the sales in 2020.

PlZ HELP!!!
Gabbie needs to directly connect with her customers in order to educate them about the advantages of using her products. Face-to-face interaction with the customers isn’t possible. What is the next best medium?
A.
multilevel marketing
B.
telemarketing
C.
e-commerce
D.
direct sales
E.
franchising

Answers

Answer:

B.  telemarketing

Explanation:

In the telemarketing, the company or an individual is directly in contact with its customer with respect to the product over the phone call so that they could aware of the product

In this, the face to face interaction is not done

Therefore as per the given situation, the option B is correct as in this met the criteria.

Answer:

b) telemarketing

Explanation:

It's important to learn about customs and other aspects of different cultures, but it is not culturally competent to do what with that information?

Question 4 options:

ask thoughtful questions about another culture


adapt your communication style to another person's culture


respect those aspects of another person's culture


apply those aspects to everyone in a culture

Question 5 (1 point)

Answers

It's important to learn about customs and other aspects of different cultures, but it is not culturally competent to apply those aspects to everyone in a culture. Thus the correct option is D.

What is Culture?

Culture represents the customs, beliefs, traditions, rituals, moral values, and religions of an individual or community bought from their ancestors aimed to preserve their existence for future generations.

When an individual learns about another culture and gains information is important with the objective of knowledge sharing but it is not culturally competent to apply those aspects to everyone in culture as everyone is free to choose their cultural values.

This will be a sounding force by applying the new cultural elements to everyone.

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Exclusive distributorships are: a. covered under the Robinson-Patman Act. b. illegal per se. c. questioned when there is no interbrand competition. d. all of the above

Answers

Answer:

The correct option is c. EXCLUSIVE DISTRIBUTORSHIPS are questioned when there is no interbrand competition

Explanation:

The process in which a manufacturer of a goods or product decide and as well authorize that their would be only one distributor who will be the seller of their products or goods in a territory, a region or a Market is what is called EXCLUSIVE DISTRIBUTORSHIPS reason been that the manufacturer of such product want to know how good their products is in the territory and to get feedback from the customer about their products in order to take important action in a situation where their is lapses about their products.

Secondly in a situation where their is no INTERBRAND COMPETITION the EXCLUSIVE DISTRIBUTORSHIPS are been questioned reason been that INTERBRAND COMPETITION

occur when a manufacturer or producer of a products differentiate their products from other products that is sold in the same market where their products is been sold example of INTERBRAND COMPETITION is Mirinda drink versus Fanta

Therefore EXCLUSIVE DISTRIBUTORSHIPS are questioned when there is no interbrand competition.

The tables below show the spending and revenue for Littleland in 2010. Use these tables to answer the following questions.
Spending Category Value (in Millions)
Education $320M
Welfare and Social Security $890M
Healthcare $270M
Defense $120M
Payments on Debt $170M*
Other $240M
*This payment covers total interest owned only.
Revenue Category Value (in Millions)
Income Tax $800M
Sales Tax $270M
Corporate Tax $300M
Social Insurance $340M
GDP in 2010 $7.3 Billion
Total Debt as of 2009 $3.5 Billion
1) How much money (in millions) did Littleland need to borrow in 2010 to finance its government spending?
2) At the end of 2010, what was Littleland's debt to GDP ratio? Give your answer to the nearest whole percentage point.

Answers

Answer:

Explanation:

The total Expenditure  is the summation of all the following parameters ( Spending on Education, Spending on Welfare and social security,  Spending on Healthcare, Spending on Defense, Payments on Debt, Other Spending)

The total Expenditure = $(320+890+270+120+170+240) million

The total Expenditure = $2010 million

However;

The total Revenue = Income Tax+ Sales Tax+ Corporate Tax+ Social Insurance

The total Revenue = $(800+270+300+340) million

The total Revenue = $1710 million

The debt now will be the difference between the total expenditure and the total revenue.

Debt = $(2010-1710) million

Debt = $300 million

Therefore, Littleland needs to borrow  $300 million

At the end of 2010, the total debt = Total debt of 2009 + amount borrowed in 2010

Total debt of 2009 = $ 3.5 billion

amount borrowed in 2010 = $0.3 billion

At the end of 2010, the total debt =  $(3.5+0.3) billion

At the end of 2010, the total debt =  $3.8 billion

Therefore; the Debt to GDP ratio in 2010 = 3.8/7.3 = 52.05%

The Debt to GDP ratio in 2010 = 52.05%

To the nearest whole percentage ≅ 52%

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