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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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Abbey Corporation paid $450 for an advertisement that appeared in last Sunday’s Kansas City Star. How does this transaction impa
PolarNik [594]

Answer:

The correct answer is: Cash outflow in the operating section.

Explanation:

The statement of cash flows is the basic financial statement that shows the cash generated and used in the operation, investment and financing activities. The change of the different items in the Balance Sheet that affect cash must be determined for its implementation.

The purpose of the statement of cash flows has to do with informing the generation and use of cash and cash equivalents in relation to operation, financing and investment activities.

The objective of this statement is to present pertinent and concise information, relating to cash collections and disbursements of an economic entity during a period so that users of financial statements have additional elements to examine the entity's ability to generate future cash flows. effective, to assess the ability to meet its obligations, determine internal and external financing, analyze the changes presented in cash, and establish the differences between net income and collections and disbursements.

4 0
2 years ago
A. Because incident details are often unknown at the start, command should not be established until after the Incident Action Pl
Helen [10]

Answer:

a. Because incident details are often unknown at the start, command should not be established until after the Incident Action Plan has been developed.

  • 2. False

The command should be established as soon as possible in order to facilitate communication between operational and support processes.

b. Unity of command means that every individual is accountable to and reports to only one designated supervisor.

  • 1. True

Unity of command is one of the most basic and fundamental pillars of military and civilian operations since an individual should only follow the instructions and respond to one supervisor.

c. Chain of command restricts personnel from communicating or sharing information outside their organizational units.

  • 2. False

The chain of command is set up in order to avoid confusion and to allow a better and more organized flow of information, but that doesn't mean that personnel can communicate with each other and require information from each other.

5 0
1 year ago
Return to Problem Navigation Morgan Company uses the perpetual inventory system and the gross method of recording sales discount
Ghella [55]

Amount to be recorded for accounts receivable would be $15000.

<u>Explanation:</u>

Accounts receivable are lawfully enforceable cases for installment held by a business for products provided as well as administrations rendered that clients/customers have requested yet not paid for. These are for the most part as solicitations raised by a business and conveyed to the client for installment inside a concurred time span.

Accounts receivable (AR) is the balance of money due to a firm for goods or services delivered or used but not yet paid for by  the customers till now. So they will go in the accounts to still be receivable.

6 0
2 years ago
Bond A pays $4,000 in 14 years. Bond B pays $4,000 in 28 years. (To keep things simple, assume these are zero-coupon bonds, whic
Arlecino [84]

Answer and Explanation:

Given that Bond A pays $4,000 in 14 years and Bond B pays $4,000 in 28 years, and that the interest rate is 5 percent, we see that Using the rule of 70, the value of Bond A is 70/5 = doubled after 14 years. Now if its value is 4000 in 14 years, its current value must be halved. Hence the value is 2000.

Sinilarly the value of Bond B is approximately one fourth now because it pays 4000 in 28 years. Hence its value is 4000/4 = 1000.

Now suppose the interest rate increases to 10 percent. Hence the doubling time is 70/10 = 7 years

Using the rule of 70, the value of Bond A is now approximately 1,000 and the value of Bond B is 250

Comparing each bond’s value at 5 percent versus 10 percent, Bond A’s value decreases by a smaller percentage than Bond B’s value.

The value of a bond falls when the interest rate increases, and bonds with a longer time to maturity are more sensitive to changes in the interest rate.

8 0
1 year ago
Ashley has a large and growing collection of animated movies. She wants to replace her old television with a new LCD model, so s
Vlad [161]

Answer:

Option (D) is correct.

Explanation:

1.We use the formula:

A=P(1+\frac{r}{100})^{n}

where

A=future value

P=present value

r=rate of interest

n=time period.

A=1,060(1.12)^{2}+ 1,060(1.12)^{1} + 1,060

A=1,060[(1.12)^{2}+(1.12)^{1} + 1]

         = 1,060 [1.2544 + 1.12 + 1]

         = 1,060 × 3.3744

         = $3,576.864

Therefore, the amount of $3,576.864 will Ashley have to buy a new LCD TV at the end of three years.

(b) Future value of annuity due = Future value of annuity × (1 + interest rate)

                                                    = $3,576.86(1 + 0.12)

                                                    = $3,576.86 × 1.12

                                                    = $4,006.08

She will save around $4,006.08

4 0
1 year ago
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