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Rina8888 [55]
2 years ago
14

Suppose a firm produces with a technology that exhibits constant returns to scale at all levels of production. The firm's inputs

are workers and laptops. The firm sells its output in a perfectly competitive market. It also hires its inputs (hires workers and rents laptops) in perfectly competitive markets. Assume that in the long run the firm produces y units of output using x1 workers and x2 laptops. If the firm doubles the amount of workers and laptops (using 2x1 and 2x2), we would expect the firm's long-run profits to
Business
1 answer:
GREYUIT [131]2 years ago
3 0

Answer:

Not change

Explanation:

In the long run we expect firms to earn zero profits. With competitive markets for both inputs and output, and with constant returns to scale, a doubling of all inputs would lead to twice as much output, twice as much revenue, and twice as much cost.

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Global Communications has a 7 percent, semiannual coupon bond outstanding with a current market price of $1,023.46. The bond has
Alex787 [66]

Answer:

Years to Maturity = 12.53

Explanation:

Coupon Rate = 7.00%

Coupon Periods = 2

Perpetuity Value = 1,041.67

Price = 1,023.46

Discounted Perpetuity Value = 455.17

Yield to Maturity = 6.72%

Annuity Value = 586.49

Discounted Face Value = 436.97

Semiannual Coupon = 35.00

Price 1,023.46

Periods to Maturity = 25.05

Semiannual Yield = 3.36%

Years to Maturity = 12.53

3 0
2 years ago
This activity is important because as a manager, you should know how compensation methods are related to motivation theories. Co
kompoz [17]

Answer:

A. Merit Pay - 2. Equity Theory

B. Gain sharing 3. Goal-setting Theory: Unit-Focused

C. Piece-Rate Systems 4. Goal-setting Theory: Individual-Focused

D. Recognition Awards 1. Expectancy Theory Instrumentality

E. Lump-Sum Bonuses 5. Extrinsic Motivation

Explanation:

Employee motivation is dependent on many factors. A person may be motivated just if his work is appreciated. He feels that his work is appreciated and for this reason he is motivated to perform better. Some people consider pay rise or monetary rewards as their motivation factor. Some people finds more authority as their motivating factor. They feel motivated if they are given more challenging work and more authority.

8 0
2 years ago
Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 180,000 shares of $7 par value common stock
Angelina_Jolie [31]

Answer:

$846,000

Explanation:

Paid in capital = Par value of shares + Share premium paid or Additional paid in capital

So,

Par value of total issued shares = (54000 + 36000) * 7 = $630,000

Premium can be calculated as

for 54000 shares = 9 - 7 = $2/share

or 36000 shares = 10 - 7 = $3/share

this gives us a total additional paid in capital of

= (54000 * 2) + (36000 * 3) = $216,000

Paid in capital = 216000 + 630000 = $846,000

Note that capital dividends are deducted from the premium account where as cash dividends are deducted from retained earnings leaving no impact on paid in capital. We are assuming cash dividends.

4 0
2 years ago
A production possibilities​ frontier: A. shows how unlimited wants exceed the limited resources available to fulfill those wants
solong [7]

Answer:

The correct answer is C. Shows the maximum attainable combinations of two goods that may be produced with available resources.

Explanation:

The Production Possibilitiy Frontier (PPF) shows the most optimal usage of a a limited amount of resources to produce two separate goods and obtain the maximum production output possible. This theory is applicable only to the production of 2 products and demonstrates the concept of cost of opportunity. Producing more of one of the products means producing less of the other, as the resources are scarce.

4 0
2 years ago
Read 2 more answers
The marketing manager believes that increasing advertising costs by $74,000 in 2020 will increase the company’s sales volume to
serious [3.7K]

Answer:

Instructions are below.

Explanation:

Giving the following information:

The marketing manager believes that increasing advertising costs by $74,000 in 2020 will increase the company’s sales volume to 12,700 units.

<u>We weren't provided with enough information to solve the requirement. But, I will provide the general structure:</u>

<u></u>

Sales= (number of units*selling price per unit)=

Total variable cost= (total variable cost per unit*number of units)=

Contribution margin=

Fixed costs= (fixed costs + incremental fixed costs)=

Net operating income

<u>If we want to determine the effect on income without an income statement:</u>

Effect of income= incremental units*contribution margin - incremental fixed costs

Contribution margin= selling price - unitary variable cost

4 0
2 years ago
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