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DedPeter [7]
1 year ago
5

The extra costs incurred to avoid holding cash when there is inflation are called the?

Business
1 answer:
Ipatiy [6.2K]1 year ago
8 0

The extra costs incurred to avoid holding cash when there is inflation is called Shoe Leather cost.

<h3>What do you understand by inflation?</h3>

The rate of price growth over a set time period is known as inflation. Sometimes the amount of inflation is expressed in general terms, such as the overall rise in price or the rise in the cost of living nationwide. However, it can also be calculated with more accuracy for some goods, such as food, or for services, like a haircut, etc. In any circumstance, inflation refers to how much the necessary array of goods and/or services has increased in price during a specific time period, most usually a year.

To know more about inflation, visit:

https://brainly.in/question/22101526

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at the beginning of each workday in the medical office, the receptionist is generally responsible for:
sleet_krkn [62]

At the beginning of each workday in the medical office, the receptionist is generally responsible for disengaging the alarm system.

What is receptionist?

An individual who works in an office or administrative support role is a receptionist. The task is typically done in a waiting room, like a lobby or front desk of a company or institution. A person who works for an organisation who is responsible for greeting clients, patients, and visitors as well as taking phone calls is known as a receptionist. A receptionist's tasks may also include room reservations and assignment, visitor registration, cashier work, credit checks, key control, and mail and message service. This administrative department is referred to as the front desk in many hotels. Front desk clerks are another name for these receptionists. To help the businesses they work for, receptionists perform a variety of activities, such as scheduling appointments, filing, keeping records, and other office duties.

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7 0
2 years ago
The marginal revenue product (mrp) of land declines as more land is brought into production because?
makvit [3.9K]

The marginal revenue product (MRP) of land declines as more land is brought into production because:

A. Land is a "unfastened and nonreproducible gift of nature."

B. Of diminishing returns.

C. Land hire has no incentive characteristic.

D. The deliver of land is constant

Marginal revenue product (MRP), also referred to as the marginal charge product, is the marginal revenue created due to an addition of 1 unit of useful useful resource. The marginal revenue product is calculated by way of way of multiplying the marginal physical product (MPP) of the useful aid by means of the marginal revenue (MR) generated.

How do you calculate marginal revenue product of labor?

The marginal sales manufactured from a worker is equal to the made from the marginal product of hard work (MPL) and the marginal sales (MR) of output, given with the aid of MR×MPL = MRPL.

What takes place to marginal revenue product whilst call for decreases?

Marginal revenue product sales will usually be less than call for for a given quantity. That is because of the reality a monopolist's call for curve is similar to its average income curve, and for a monopolist, every commonplace and marginal sales will decrease as amount increases.

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3 0
2 years ago
The higher the number of business units in a company's portfolio, the more difficult it is for corporate managers to remain info
Ira Lisetskai [31]

Answer:

True

Explanation:

When a  company increases the amount of business units it is harder to be informed about each business unit. When the manager try to understand and review all the information about the business units the time is not enough, in that case the sustainability of a multiple units business model is a challenge. When this happens, the manager can empower a business unit manager, so the corporate manager just needs to know the basic information and be informed about the decisions and results obtained evaluating the results of the business unit.

7 0
3 years ago
Newman Co. purchased CNC router cutting and engraving machinery at a cost of $320,000 in January 2019. The company’s estimated u
Amiraneli [1.4K]

Answer:

Depreciation Expense = $54400

Explanation:

The straight line depreciation charges a cosntant depreciation expense throughout the useful life of an asset.

The formula to calculate the straighline depreciation on an asset is,

Depreciation expense per year = (Cost - Salvage Value) / useful life

Thus,

The depreciation expense per year on Newman Co. CNC router cutting and engraving machinery is,

Depreciation Expense per year = (320000 - 48000) / 5

Depreciation  expense = $54400

7 0
4 years ago
Lorraine belongs to a national consumer panel created by a market research company. She regularly receives samples of new produc
Xelga [282]

Answer:

A. Premarket Testing

Explanation:

Pre market testing is conducted before a product or service is brought to market to determine how many customers will try and then continue to use it.

The national consumer panel Lorraine is part of is said to be engaged in a premarket testing because they receive samples of new product and fills out a questionnaire probably after using the product to determine the good sustainability in the market.

Hence the answer to this question is A. Pre Market Testing

5 0
3 years ago
Read 2 more answers
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