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Svetlanka [38]
3 years ago
10

If input prices for a perfectly competitive industry remain constant as the output of the industry expands in the long run, the

industry supply curve will:
a. be perfectly horizontal.
b. have a positive slope.
c. be perfectly vertical.
d. have a negative slope.
Business
1 answer:
Serhud [2]3 years ago
3 0

Answer:

a. be perfectly horizontal.

Explanation:

The supply curve graph the prices that suppliers will demand to produce different levels of output. It is normally upward-sloping because of scarcity of inputs that will push up costs and thus drive up cost.

If input prices does not change, <em>the industry will be willing to supply any quantity (in the long run) at the same price</em> (because if they charge higher than their constant costs they will lose to competition) => the supply curve will be a horizontal line (perfectly horizontal)

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Yakvenalex [24]

Answer: b. . If someone deliberately understates costs and thereby causes reported profits to increase, this can cause the stock price to rise above its intrinsic value. The stock will probably fall in the future. Both those who participated in the fraud and the firm itself can be prosecuted.

Explanation:

Ethics in business ad organization is very vital towards the accomplishment of goals in every organization. Ethical behavior can be influenced by training and auditing procedures.

It should be noted that when someone understates the cost intentionally maybe with the person trying to steal from the company. This can lead to the reported profits of the company to increase, and thereby cause the stock price to rise above its intrinsic value.

If eventually the stock will fall in the future, everyone who took part in this fraudulent activity and even the company itself can be prosecuted. Performing in fraudulent activities by a company or its workers will make the individuals or the company lose the trust of its clients.

Option B is the correct answer.

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3 years ago
What is the difference in accounting treatment of unrealized gains and losses across these three categories of investments
hammer [34]

Answer:

Unrealized gains and losses treatment:

Available for sale - recorded in OCI

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Explanation:

There are three categories of financial instruments. Available for Sale AFS, Held for trading HFT and Held till maturity HTM. Financial instruments are classified in these categories and then treatments is according to their classification. IAS 39 and IFRS 9 have provided complete guidelines for the treatment of the financial securities.

6 0
3 years ago
Which type of visual aid would you use to show changes over time?
son4ous [18]
A plot in Cartesian axes.
This kind of graph has two exes: x (horizontal) and y (vertical). X represents the independent variable, in this case: time. Y represents the dependent variable, which is the one that is changing over time. For example, you can make this graph with temperature along the year. You will usually have higher temperatures in summer, which will be represented in the upper part of the graph, and lower temperatures in winter, which will be represented in the bottom part of the graph. January will be on the left and December will be on the right.
6 0
3 years ago
The long-run aggregate supply curve is vertical because: minimum wage sets the long-run wages. the price level is constant in th
mixas84 [53]

Answer:

The correct answer is the second option: The price level is constant in the long run.

Explanation:

To begin with, the concept of the <em>"aggregate supply"</em> refers to the total amount of goods and services that firms are willing and are able to offer at a certain price level given and at a determine period of time. Moreover, at the long-run the aggregate supply curve is not affected by many variables as it is in the short run and this is due to the fact in the long run the economy is said to be at full capacity and optimally and also because the changes in the aggregate demand are only affective in the short run to the economy's total output.

4 0
3 years ago
Which are major situational considerations or variables in determining whether or not to involve a group in the decision-making
Oksana_A [137]

Answer:

The correct answer will be Option B "Organizational complexity ".

Explanation:

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The other given choices are not related to the given scenario. So that the above would be the appropriate choice.

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