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TiliK225 [7]
3 years ago
15

Edmund stench consumes two commodities, namely garbage and punk rock video cassettes. he doesn't actually eat the former but kee

ps it in his backyard where it is eaten by billy goats and assorted vermin. the reason that he accepts the garbage is that people pay him $2 per sack for taking it. edmund can accept as much garbage as he wishes at that price. he has no other source of income. video cassettes cost him $6 each.
Business
1 answer:
katrin2010 [14]3 years ago
5 0
<span>There is no clearly defined question and grammatical errors are in the text above. That said, the text begs the question why does Edmund consume cassettes? The answer is that the cassettes attract billy goats and the goats eat the garbage. Edmund can earn a living as long as each $6 cassette attracts enough of the goats to consume 3 garbage sacks. To be profitable, one cassette must attract enough goats to consume 4 sacks of garbage.</span>
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Suppose the wholesale market for corn is a perfectly competitive market, and all firms in the corn industry are profit-maximizin
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Answer:

Therefore option A is correct.

All firms selling corn must have the same MC regardless of each firms cost structure

Explanation:

In the perfectly competitive market, for profit maximization we set P = MC

In the perfectly competitive market, firms are price taker so demand curve is same for every firm and price is same too, so MC must be same for every firm

Therefore option A is correct ie. all firms selling corn must have the same MC regardless of each firms cost structure.

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3 years ago
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3 years ago
Operations, information, systems, and contingency management Modern management theorists recognize that multiple management appr
Arturiano [62]

Answer:

Fiedler's theory and others like it are called contingency theories, and they imply that the most effective management technique gets adjusted to every situation, focusing on tasks as subunits strategy, as a contingency factor is unexpected.

Explanation:

A contingency theory is an organizational theory of the unexpected, out of control factors, so there is not a best way to lead or to make decisions, there is, instead, a contingency that cannot be accurately predicted, being motivation and leadership, two of many independent variables of the contingency theory, and productivity, turnover and absenteeism are some dependent variables, allowing managers to bend policies or override the if necessary when reacting to problems, and wide discretion in decision-making as the theory´s basis states that leader's relations impact their effectiveness.

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2 years ago
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notka56 [123]

Answer:

The correct answer is Worker productivity

Explanation:

The productivity of work is the efficiency of the productive activity of men expressed by the correlation between labor expenditure (at the level of society, of a branch, of a company or of a single worker) and the amount of material goods produced (established in money or in kind) in a unit of time. It is determined by the amount of time invested in developing the production unit or by the amount of production manufactured in the time unit. The level of labor productivity is a very important index of the progressive nature of a mode of production of a given social regime. Every new social regime, Lenin said, beats the one that precedes it by achieving greater labor productivity. Raising labor productivity means saving live work and social work, that is, reducing the socially necessary time to produce the unit of merchandise, reducing its value. The proportion of living labor decreases while the proportion of past (materialized) labor increases relatively and in such a way that the overall sum of work locked up in merchandise is reduced. This law manifests the decisive meaning of the progress of the technique for the growth of labor productivity.

3 0
3 years ago
Suppose the price level in Germany rises,ceteris paribus.This ________________ United States net exports,ultimately shifting the
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Answer:

A) stimulates;rightward

Explanation:

If prices rises in Germany, it means that Germany is going through an inflationary period. This will make German goods more expensive, and less attractive in international markets.

American goods will then become more attractive, because they are now cheaper compared to German goods. This will stimulate American exports to Germany.

A higher level of exports will shift the AD curve to the right, because net exports is one of the four components of Aggregate Demand, and a shift rightward of the AD curve occurs when Aggregate Demand expands due to any factor other than price level.

7 0
2 years ago
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