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1 year ago

A perfectly competitive firm will be willing to produce even at a loss in the short run, as long as?

1 answer:

6 0

A perfectly competitive firm will be willing to produce even at a loss in the short run, as long as the loss is no greater than its total variable costs.

Variable costs are expenses that vary in proportion to the volume of goods or services that a business produces. A variable cost is an ongoing cost that changes in value according to factors like sales revenue and output. Variable costs include labor, raw materials, etc.

Variable costs are costs that change as the volume changes. Examples of variable costs are raw materials, piece-rate labor, production supplies, commissions, delivery costs, packaging supplies, and credit card fees.

learn more about Variable costs here

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Ira believes that Damien soap moisturizes effectively. When she sees Damien shampoo at the store, she purchases it as she assume

tino4ka555 [31]

Answer: Stimulus generalization.

Explanation:

Ira is making purchase of Damien soaps based on the Stimulus generalization that the soap would perform in the same way as what she has in mind. Stimulus generalization is when an individual reacts to similar stimuli in similar ways.

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3 years ago

Which statement below is FALSE?

djyliett [7]

Answer: The answer (C) is false.

Explanation: Some organizations may not declare publicly that romantic relationships are forbidden in their workplace. However, romantic relationships which exist in a workplace may cause potential conflicts and legal repercussions from the liaison. Some companies ban relationships between employees in the same department to reduce the likelihood of personal emotions/conflicts or relationship issues infiltrating the working environment. This will affect productivity and create a negative environment for other colleagues. Furthermore, employees who use romantic relationship to their advantage for workplace advancement is strictly prohibited.

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3 years ago

Equipment with a cost of $225,000 has an estimated salvage value of $15,000 and an estimated life of 4 years or 10,000 hours. It

elixir [45]

Answer:

The depreciation is $52,500

Explanation:

The formula to compute the depreciation under the straight-line method is shown below:

= $\dfrac{(original\ cost - salvage\ value )}{Number\ of\ years}$

= $\dfrac{(\$225,000 - \$15,000)}{4\years}$

= $52,500

Under the straight-line method, the depreciation expense should be the same for the remaining useful life. Life of the equipment or machine should always be expressed in years, not in hours.

So, these usage of hours should be ignored.

4 0

3 years ago

An employer interviews 150 qualified applicants, 100 white and 50 hispanic. if 25 whites are hired, what is the least number of

Tpy6a [65]

The answer is 10 Hispanics. :)

8 0

3 years ago

Which of the following is true of Peter Senge’s contributions to management thought and practices? A. He has made several signif

puteri [66]

Answer:

A. He has made several significant contributions to the areas of organizational learning and change.

Explanation:

Option B: Peter Drucker was the first person to discuss MBO, not Peter Senge. So, this option is incorrect.

Option C: It is the function of management. Therefore, Peter Senge might contribute to this one, but there is no evidence. So, it is wrong.

Option D: Peter Senge advocated the scientific methods of management, but not for the determination of efficient production.

Option E: He does not contend with the bureaucratic structure. Therefore, it is wrong, either.

Option A: It is the answer because he has made several contributions to the areas of organizational learning through the establishment of the society of organizational learning.

8 0

3 years ago