answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga2289 [7]
2 years ago
7

Identify whether each statement describes the market period, the short run, or the long run.A.Output and the number of firms are

fixed. B.Plant capacity is flexible. Firms can enter and exit an industry. C.Plant capacity and the number of firms are fixed. Firms can employ more labor if needed.a.short run b.long run c.market period
Business
1 answer:
AfilCa [17]2 years ago
4 0

Answer: A. Market Period.

B. Long Run

C. Short Run

Explanation:

A.Output and the number of firms are fixed

The MARKET PERIOD is a very short period that refers to a situation where all resources are FIXED. This means that Output itself is fixed and therefore cannot adjust to demand.

B.Plant capacity is flexible. Firms can enter and exit an industry.

This is the LONG RUN. A time where all resources are Variable. This means that factors such as Plant Capacity which is FIXED in the Short Run will simply be Variable and hence flexible in the long run. Other Firms are also free to enter or leave the Industry during this time.

C.Plant capacity and the number of firms are fixed. Firms can employ more labor if needed

This refers to the SHORT RUN which is a situation where AT LEAST one resource is FIXED and others are VARIABLE. As long as there is a Fixed Resource with some Variable Resources, it is the Short Run. Plant Capacity and Number of Firms are fixed but Labor is Variable. This makes this scenario a Short Run Scenario.

You might be interested in
Mark is the manager of Mayhem Enterprises. Mark believes Angel, a twenty-year employee of Mayhem, is stealing from the business.
GenaCL600 [577]

Answer:

The torts Mark might have committed by his action includes:

  • assault and battery
  • intentional infliction of emotional distress
  • defamation of character

Explanation:

Assault and battery : grabbing of the 25 year old employ by the hand is considered forceful and wrong handling of a person and therefore is considering assault

Intentional infliction of emotional distress: keeping her in his office without actually seeking for her consent and also with her not aware of his next line of action can cause her emotional distress

defamation of character : screaming at her in front of other employees without evidence of stealing is considered defamation of the employees character

6 0
2 years ago
Read 2 more answers
The repair service that fixes your farming equipment doesn’t seem to fix your plow correctly. The technician says that if you ar
drek231 [11]

Answer:

Your best option would be for higher quality repairs and higher quality equipment, this would save you more money and time in the long run where you have the ability to do other things.

Explanation:

Mark as Brainliest please!

Ill give u a cookie

8 0
2 years ago
Read 2 more answers
A newsvendor orders the quantity that maximizes expected profit for two products, X and Y. The critical ratio for both products
Tamiku [17]

Answer:

A. Product A, because it has less certain demand.

Explanation:

According to the statement, the product X (A) is the one with the highest proportion of standard deviation, that is, it has a more uncertain demand. Taking into account this condition, it is expected that the number of optimal products will be greater because it has an average and critical relationship. For this reason, it is expected that the news seller will lean towards the first product, since it will generate higher income as explained at the beginning.

5 0
2 years ago
Read 2 more answers
PLEASE HELP ASAP!!!!
dimaraw [331]

Answer:

its A

Explanation:

Debt Financing

5 0
2 years ago
Read 2 more answers
Harvey Automobiles uses a standard part in the manufacture of several of its trucks. The cost of producing 60,000 parts is $160,
Bas_tet [7]

Answer:

$55,000

Explanation:

The computation of the change in operating income is shown below:

= Buying cost - making cost

where,

Buying cost = Cost of producing parts × outside supplier per unit

                    = 60,000 parts × $3

                    = $180,000

And, the making cost would be

= Variable cost + fixed cost × given percentage

= $110,000 + $50,000 × 30%

= $110,000 + $15,000

= $125,000

So, the operating income would be

= $180,000 - $125,000

= $55,000

3 0
2 years ago
Other questions:
  • Which statement best describes the ideal of loyalty to one's supervisor
    14·1 answer
  • Which best compares and contrasts the Printing Technology and Telecommunication careers pathways?
    14·2 answers
  • The future value of $200 received today and deposited for three years in an account which pays semiannual interest of 8 percent
    12·1 answer
  • "An expenditure made in connection with a machine being used by a company to produce inventory should be expensed immediately if
    15·1 answer
  • Sydney has inherited her grandmother's estate worth approximately $4.5 million. She is worried about paying taxes on the estate
    14·2 answers
  • Apple, known for creativity and innovation, keeps its new innovations consistent with previous product lines to maintain long-te
    11·1 answer
  • When an organization expands into a totally new line of business, it is implementing a strategy of:
    15·1 answer
  • Delores Bierlein paid a $200 deposit toward the rental of the Silver Room at Alex's Continental Inn for her wedding reception. L
    8·2 answers
  • Our client performs bookkeeping work for her clients. She performs most of her client work at the client’s office. She has about
    6·1 answer
  • When agent Tom meets with his sellers to explain his advertising plan, he should make sure the owners understand that:__________
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!