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vazorg [7]
1 year ago
6

The short run is a period for which: Group of answer choices firms maximize total revenue instead of profit. diminishing returns

will be encountered due to fixed inputs. firms have only fixed inputs. all inputs and all costs are variable.
Business
1 answer:
Kitty [74]1 year ago
3 0

The short run is a period for which diminishing returns will be encountered due to fixed inputs.

<h3>What is Short Run Period?</h3>
  • According to the concept of the short run, some inputs will be constant while others will be variable within a specific time frame in the future.
  • It expresses the notion that an economy responds to particular stimuli differently depending on the amount of time it has to do so.
  • The short run is different from the long run in that it includes both fixed and variable components, which are absent from the long run.
  • In the short run, a firm's output, wages, and prices do not always have complete freedom to change in order to accomplish a goal.
  • Since there are no fixed costs, in the long run, a firm's production components can find equilibrium.

To learn more about the Short run period refer to:

brainly.com/question/14264323

#SPJ4

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Marginal​ cost-benefit analysis and the goal of the firm Ken​ Allen, capital budgeting analyst for Bally​ Gears, Inc., has been
True [87]

Answer:

1) The marginal​ (added) benefits of the proposed new robotics.

560,000 - 400,000 = 160,000

2) The marginal​ (added) cost of the proposed new robotics.

220,000 - 70,000 = 150,000

3) The net benefit of the proposed new robotics.

160,000 - 150,000 = 10,000

4) What should Ken recommend that the company​ do? Why?

Replace the existing robotics because the net profit is positive

5) What factors besides the costs and benefits should be considered before the final decision is​ made?

A. Whether there will be additional training necessary with the new robotics.

B. Whether even better robotics may be available in a short while.

C. What will be the energy consumption of the new robotics.

5 0
3 years ago
Which formula is correct formatting for a nested function?
erastova [34]

Answer:

=IF(AND(B2>3000,02>2000),"Bonus","No Bonus")

Explanation:

A nested If statement is used when 1 or more conditions are to be tested. The result of the nested function depends based on the true value of the function.

i.e. If the nested statement is true, certain operations are to be done otherwise, do something else. In other words, the IF function allows you to make a logical comparison between a value and what you expect by testing for a condition and returning a result if True or False.

The syntax of a nested function goes thus

IF( condition1, value_if_true1, IF( condition2, value_if_true2, value_if_false2 ))

This would be equivalent to the following in Excel

= IF(condition1,"value_if_true",value_if_false)

Base on the above explanation, only option B is right.

And what it does is that

it checks if cell B2 is greater than 3000 AND cell 02 is greater than 2000.

If both statement are true, "Bonus" will be the output result

If one ore both statement are false, "No Bonus" will be the output result

7 0
3 years ago
The distinction between substitutes and complements is
gregori [183]
A substitute is something you replace and use something different in it's place.

Complement is something added to enhance the original
8 0
3 years ago
When Farmer Hoglund applies N pounds of fertilizer per acre, the marginal product of fertilizer is 1 -N/200 bushels of corn. If
eimsori [14]

Answer:

to maximize profit, farmer must use 0.208 pounds of fertilizers

Explanation:

For profit maximization, marginal revenue must be equal to marginal cost.

Here marginal product of fertilizer= 1-N/200

selling price per busher= $4

total marginal revenue= (1-N/200)× 4

Total cost of fertilizer= 1.2N

To maximize profit

Marginal cost= marginal revenue

1.2N= (1-N/200)× 4

4.8N= 1-N/200

N= 0.208 pounds

to maximize profit, farmer must use than 0.208 pounds of fertilizers

6 0
3 years ago
Read 2 more answers
Fedor, Inc. has prepared the following direct materials purchases​ budget: Month Budgeted DM Purchases June $ 69 comma 000 July
cricket20 [7]

Answer:

C) $77,090

Explanation:

June 69000 (40% in July, 50% in AUgust)

July 80000 (40% in August, 50% in Sepetember)

August 77500 (40% in September, 50% in October)

September 77900 (40% in October)

October 71800 (10% in October)

Total budgeted cash payments in October = 71,800 x 10% + 77,900 x 40% + 77,500 x 50% = 77,090

6 0
3 years ago
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