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pogonyaev
2 years ago
13

Purely competitive industry X has increasing costs and its product is a normal good. The industry is currently in long-run equil

ibrium. The economy now goes into a recession and average incomes decline. The result will be
Business
1 answer:
mote1985 [20]2 years ago
4 0

The industry is currently in long-run equilibrium. The economy now goes into a recession and average incomes decline. The result will be an increase in output, but not in the price, of the product. This is further explained below.

<h3>What is a product?</h3>

Generally,

In conclusion, The market is in a state of long-term balance. There is currently a drop in typical salaries and the economy is entering a recession. As a consequence, production will rise without corresponding increases in cost.

Read more about product

brainly.com/question/22852400

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Kendra owns a sporting goods store. She is in court because of a breach of contract lawsuit against her supplier. One of the ter
Olenka [21]

<u>Answer:</u>

<em>Yes, but only to clarify the ambiguous contract terms </em>

<em></em>

<u>Explanation:</u>

Breach of contract is a legitimate reason for activity and a sort of common wrong, wherein a sound understanding of anticipated trade isn't regarded by at least one of the gatherings to the agreement by non-execution or obstruction with the other party's presentation.

A material breach is the most genuine type of break of agreement. In these cases, somebody has failed to maintain their obligations as spread out in the contract. At the point when this happens, the harmed party can seek after harms in a standard suit. In the end, when a contractual worker finishes an undertaking yet isn't paid, this is viewed as a material breach.

6 0
3 years ago
Gary, Peter, and Chris and have capital balances of $26,000, $38,000, and $30,000, respectively. As per the partnership agreemen
ycow [4]

Answer:

A) $3,429

Explanation:

Bonus capital paid by the new shareholders will be distributed among the Old Partner on the basis of their old sharing ratio

Capital Balance of Peter = $38,000

Settlement amount = $20,000

As we does not have revised profit ratios, Peter and Chris will share profit on their old ratios.

Remaining balance of Gary's capital = $26,000 - $20,000 = $6,000

Peter Share = 4/7 x $6,000 = $3,429

 

6 0
3 years ago
The operations manager at a printing company has grouped together a work crew to assemble an order of 500 copies of an annual re
Ghella [55]

Answer: Cellular layout

Explanation:

 The cellular layout is one of the organizational process in which the various types of similar produced are manufacturing together that contain some effective features and the characteristics.

The main goal of the cellular layout is that it helps in encompassing the various types of technology for producing the effective products more quickly.  

According to the given question, the operational manager of the printing company where all the worked together for assembling an order of the 500 copies and this is an example of cellular layout.

 Therefore, Cellular layout is the correct answer.  

3 0
3 years ago
During​ recessions, American firms lay off a larger proportion of their workers than Japanese firms do. ​ (It has been claimed t
bekas [8.4K]

Answer:

The answer is "choice a"

Explanation:

In the given question the missing choices is added in attached file please find it.

The additional output produced through hiring an extra item of such an input reflects the marginal product (MP). For the very first time. for example, its marginal labor productivity was increased output generated by recruiting additional work.  

This law diminishing marginal returns as more as units that even the marginal result of even an input, that is hired input.  

In other words, any additional work input would generate less than a previous employee because recruiting additional workers decreases expected revenue on jobs, the laid-off of employees, which means the Labor would grow expected revenue.  

In Japan is laying off fewer employees even despite the slowdown it continues to produce strong outputs. The lower-priced revenues and their work remain constant along with their steady overall performance.  

Your medium product (total) item divided by total work would stay intact. United states staff layover to the other side. It laid-off the staff equals higher marginal labor for overall returns it's going to be higher production besides that, lower labor in the United States could mean an increase in the gross labor output but a larger for Japan, more then, that's why the choice a is correct.

3 0
3 years ago
In his job, Damon often identifies causes of problems with telecommunication equipment. Which is most likely his employer? a gov
Flura [38]

Answer:

B. A local cable company.

Explanation:

Since, Damon often identifies causes of problems with telecommunication equipment. The company that is most likely to be his employer is a local cable company.

7 0
3 years ago
Read 2 more answers
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