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1 year ago

What is the most efficient level of output and correponding marketer-hours in the short-run?

1 answer:

7 0

The most efficient level of output and corresponding marketer hours in the short-run is capital for a time period of fewer than four-six months.

The short run is an idea that within a certain time period, at least one input is fixed while others remain variable. In the short run, firms face both variable and fixed costs, which means that wages, output, and prices do not have full freedom to reach a new equilibrium.

In the short run one factor of production, for instance capital is fixed. This is a time period of fewer than four-six months. In the short run, the firm should increase output as long as marginal revenue exceeds marginal cost, and reduce output if marginal revenue is less than marginal cost.

Hence, in the short run, a firm decides how much output to produce in the current facility.

To learn more about short-run here:

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Under variable costing, if a manager's bonus is tied to operating income, then increasing inventory levels compared to last year

inysia [295]

Answer: not affecting the manager's bonus

Explanation:

Under Variable costing, fixed manufacturing overhead is not charged on inventories produced or not sold for the year which means that regardless of inventory level, the relevant inventory here when it comes to calculating operating profit is the one that was sold.

The manager's bonus will therefore not change as a result of higher inventory levels. Were this absorption costing where fixed overhead was charged to inventory that was not sold, the manager's bonus would increase because the higher inventory level would absorb more of the cost.

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2 years ago

An increase in input prices causes:___________

Svetach [21]

Answer: the market supply to shift inward, driving the equilibrium price higher.

Explanation:

An increase in input prices will result into a rise in the production costs. This will result in a leftward shift of the supply curve.

Therefore, the market supply will shift inward, driving the equilibrium price higher. This simply means that there will be lesser supply of the product and hence, increase in price.

5 0

2 years ago

Review the scenario:

ankoles [38]

Answer:

Explanation:

because its w4 because it explains its his first day on the job

4 0

3 years ago

Read 2 more answers

__________ is/are defined as the entire set of values, ideas, or attitudes shared among or learned from the members of a group

kodGreya [7K]

Answer: Culture

Explanation:

Culture is the refers to the set of values, attitude and the ideas that are shared among the team members and the word culture is derived from the french word which means cultivation and the earth.

According to the given question, the culture is the defined as the knowledge for the specific religion or the group in the society. When we used to share the traditions, expectations and the beliefs withing the specific society or a group.

There are basically two types of culture that are as follows:

Material culture
Non-material culture

Therefore, Culture is the correct answer.

8 0

2 years ago

Expenses recognition Sun Microsystems uses the accrual basis of accounting and recognizes revenue at the Lime it sells goods or

s2008m [1.1K]

Answer:

Sun Microsystems

Amount of Expenses to recognize during the months of June, July, and August in each of the following transactions:

a. Rent Expense = $30,000

b. Utility Expense = $4,650

c. Supplies Expense = $9,700

d. Property Taxes = $1,800

e. No expense is recognized.

f. Salary Expense = $4,500

g. Advertising Expense = $6,600

Explanation:

Data and Calculations:

a. Rent Expense = $180,000/12 * 2 = $30,000 Rent Prepaid $150,000

b. Utility Expense $4,560

c. Supplies Expense $9,700 ($12,600 - $2,900)

d. Property Taxes = $7,200 *3/12 = $1,800

e. No expense is recognized for the advance payment for delivery van.

f. Salary Expense $4,500

g. Advertising Expense $6,600

4 0

2 years ago