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andrey2020 [161]
2 years ago
12

Would firms have an incentive to change their level of production if input prices adjusted immediately to output price changes?

Business
1 answer:
statuscvo [17]2 years ago
7 0
Firms have<span> no</span>incentive<span> to </span>increase production<span> to take advantage of higher prices </span>if<span> they simultaneously face equally higher resource prices. So the answer to this question is No. </span>The<span> availability and productivity of real resources is reflected </span>in the<span> prices of inputs, and </span>in the<span> long run these </span>input prices<span> (including wages) </span>adjust<span> to match </span><span>changes in the price level.</span>
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Some experts recommend devoting about ________ of the total writing time to the third phase of the writing process.
klemol [59]

Answer:

50%

Explanation:

There are 3 stages of writing namely; pre writing, composing, post writing. 50% of the total writing time is recommended by experts to be devoted to the post writing phase to ensure that the writing is error free and well revised. This allows for a interesting read of the final product. This third phase mainly involves revising/editing and proofreading.

Cheers.

6 0
1 year ago
A private pilot wishes to insure his airplane for$200,000. The insurance company estimates that a total loss will occur with pro
Finger [1]

Answer:

The answer is: $6,900

Explanation:

To determine how much the insurance company should charge, we must first calculate the amount of money they expect to pay:

  • total loss $200,000 x 0.002 = $400
  • 50% loss $100,000 x 0.01     = $1,000
  • 25% loss $50,000 x 0.1         = $5,000

                                                 Total  $6,400

If the insurance company expects to pay $6,400 per year, they will have to charge $6,900 ($6,400 + $500) to cover their expenses and earn a $500 profit.

4 0
2 years ago
Suppose Asarta Inc. is polluting yucko and they have been tasked with cleaning up some of their waste. The company decides to cl
uranmaximum [27]

Answer: The answer is No, because the MB > MC

Explanation:

They are not cleaning up enough because the MB>MC. Therefore, all other options which cut across - Yes, because the MC > MB,

No, because the MB > MC,

Yes, because the MB > MC and

No, because the MC > MB are wrong.

5 0
1 year ago
4. The manager of a company wants to inform his employees that they will not receive a high holiday bonus because revenue is dow
guajiro [1.7K]
He should use a business email and or tell them directly
6 0
1 year ago
"Assume that a seven-firm cartel supplies 500 million units of Whatailsya energy drink at a price of $5.00 per unit. Each firm s
vodomira [7]

Answer:

Incomplete question. Helpful details provided below.

Explanation:

A seven firm cartel implies a group of seven individual firms or companies that produce similar products who mutually agreed to supply certain amount of these products at a fixed price inorder to equally and fairly make profit.

In this case, the law of demand and supply applied resulting in a drop in price of Whatailsya because of excess supply.

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2 years ago
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