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lilavasa [31]
2 years ago
13

Assume that labor is a variable input. the average wage of workers increases in a purely competitive industry. this change will

result in a(n)?
Business
1 answer:
Korolek [52]2 years ago
6 0

Assume that labor is a variable input. The average wage of workers increases in a purely competitive industry. This change will result in an increase in marginal cost for firms in the industry and a decrease in the industry supply curve.

    Businesses may decide to request a wide variety of inputs. The most prevalent two are labor and capital in perfect competitive industry.

    Marginal labor output in terms of revenue. The firm decides how much labor to demand by examining the marginal revenue product of labor after it is aware of the level of demand for its production. The additional revenue the business makes by hiring one more unit of labor is known as the marginal revenue product of labor (or any input). The marginal product of labor has an association with the marginal revenue product of work. The value of the marginal product of labor in a market with perfect competition is the firm's marginal revenue product of labor.

To learn more about perfectly competitive market click here:

brainly.com/question/28081306

#SPJ4

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A market gap is which of the following?
nlexa [21]

Answer:

b

Explanation:

.......................................

5 0
4 years ago
You're on a social media team for a outdoors brand called Appalachia. They've decided to revitalize their Pinterest account and
Lapatulllka [165]

Inbound marketing is the process of coordinating and facilitating potential customers to find a particular company.

An outdoor brand called Appalachia can revitalize its Pinterest account and engage its customers on the platform by streamlining content creation:

  • Inbound marketing emphasizes building enduring and dependable relationships with your customers and attracting newer customers in an organic way.
  • Inbound marketing works according to three principles: attract, engage, and delight.
  • The company and its social media team would not only involve themselves in revitalizing their Pinterest account by making it more appealing and attractive to potential customers.
  • It should be equally invested in engaging with the customers through the process of content creation.
  • This could mean presenting insights into ways in which the customer chooses to buy from the company and prioritizes the particular company over other options.
  • Product promotions are one way in which, using multimedia channels coupled with regular posting on the platform, customers can be attracted and engaged with.
  • Content creation tools like trends, hashtags, social media marketing, and streamlined posts can be utilized for this objective.

Therefore, inbound marketing can greatly benefit from a streamlined content creation process that attracts and engages a sustained customer base of a company.

Learn more about content creation here: brainly.com/question/26476622

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3 0
2 years ago
Julie and anna opened their store – "hot coffee, cool clothes" – just 12 months ago. the concept was based on a store that they
kenny6666 [7]
Is this a question or a statement?

~ThePirc
6 0
3 years ago
A manufacturing company prepays its insurance coverage for a three-year period. The premium for the three years is $2,700 and is
jasenka [17]

Answer:

$720 and $180

Explanation:

According to the scenario, computation of the given data are as follows:

Premium for 3 years = $2,700

So, premium for 1 year = $2,700 ÷ 3 = $900 per year

Manufacturing operation percentage = 80%

Selling and administrative operation percentage = 20%

So, Premium for manufacturing operation = $900 × 80% = $720

And Premium for selling and admin operation = $900 × 20% = $180

6 0
3 years ago
Which of the following statements is CORRECT?a. Two firms with the same expected free cash flows and growth rates must also have
brilliants [131]

Answer:

.b. It is appropriate to use the constant growth model to estimate a stock's value even if its growth rate is never expected to become constant

TRUE The multi-stage valuation considers different grow rates for the subsequent years

Explanation:

a. Two firms with the same expected free cash flows and growth rates must also have the same value of operations

FALSE as their cost of capital can differ.

c. If a company has a weighted average cost of capital WACC = 12%, and if its free cash flows are expected to grow at a constant rate of 5%, this implies that the stock's dividend yield is also 5%.

FALSE dividend yield is a relationship between price and dividend it doesn't considers the growth of the company, just current values.

d. The value of operations is the present value of all expected future free cash flows, discounted at the free cash flow growth rate

FALSE They are discounted at the difference between return and grow rate

e. The constant growth model takes into consideration the capital gains investors expect to earn on a stock.

FALSE It considers the capital gains as speculations

8 0
3 years ago
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