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3 years ago

If menu costs were eliminated, the short-run aggregate supply curve will be

1 answer:

7 0

The supply curve would be upward sloping. Menu prices have been decreasing over the years because so many people can find the menu on the internet. Due to this, the demand is decreasing for printed menus.

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LO 6.3What is the proper order of tasks in an ABC system?

Y_Kistochka [10]

Answer:

Please see the naswer below

Explanation:

Activity-based costing ABC is a method for assigning costs to products, services projects, tasks, or acquisitions, based on the Activities that go into them and the Resources consumed by these activities. Following is the proper order of tasks in an ABC system

1. Identify the primary activities and estimate a total cost pool for each.

2.Select an allocation base for each activity.

3.Calculate an activity cost allocation rate for each activity.

4. Allocate the costs to the cost object using the activity cost allocation rates.

7 0

4 years ago

Each firm in a competitive market has a cost function of: Upper C equals 25 plus q squared, so its marginal cost function is M

Effectus [21]

Answer and Explanation:

The computation is shown below:

TC = 25 + q^2

Now

Marginal cost is

= dtc ÷ dQ

= 2q

Average variable cost (AVC) = q

We Assuming perfect competition so there is a free entry so no profits

Therefore

ATC = P

ATC = TC ÷ q

= q + 25 ÷ q

Now

MC = MR = P = ATC

2q = q + 25 ÷ q

q = 25 ÷ q

q^2 = 25

So, Quantity per firm = q = 5

Now

P = MC = MR = ATC

= q + 25 ÷ q

= 5 + 25 ÷ 5

= 5 + 5

= 10

hence, equilibrium price is 10

Now

Q = 35 - P

= 35 – 10

= 25

Hence, Market quantity (Q) = 25

And, the number of firms i.e n

N = Q ÷ q

= 25 ÷ 5

= 5

3 0

3 years ago

A. Cash receipts from customers for services rendered __________ Operating __________Inflow

vaieri [72.5K]

Answer:

a. Cash receipts from customers for services rendered

Indication: Operating activities and Cash Inflow

b. Sale of long-term investments for cash

Indication: Investing actiivity and Cash Inflow

c. Acquisition of property, plant and equipment for cash

Indication: Investing activity and Cash Outflow

d. Payment of income taxes

Indication: Operating activity and Cash Outflow

e. Bonds payable issues for cash

Indication: Financing Activity and Cash Outflow

f. Payment of cash dividends declared in previous year

Indication: Financing activity and Cash Outflow

g. Purchase of short-term investments (not cash equivalents) for cash

Indication: Investing activity and Cash Outflow

h. Purchases of inventory for cash

Indication: Operating activity and Cash Outflow

Definition of terms

Operating Activity: This activity will show how much the cash flow from the business in operating . This included net profit and changes in assets and liabilities and amortization expenses .

Investing Activities: This part is shows the where the money is invested or investment is sold.

Financing Activities: This activities will show the cash flow from financing activities between the reporting period example. Raising or payment of the fund through the common stock , preference and bonds etc.

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3 years ago

Which voices forces you to consider the needs and wants of your readers?

viktelen [127]

Voice is very important to connect your thoughts with the readers. If you want to get connected with your readers you should know their language. There are different types of voices such as you-voice, we-voice, I-voice and impersonal voice. All theses voices have their own use and purpose.
You-voice will force you to consider the needs and wants of your readers. You-voice is all about the needs and wants of the readers.

6 0

3 years ago

In Cuba, a lottery system effectively decides who gets to purchase a car. Why would someone favor a lottery system over a price

ArbitrLikvidat [17]

Answer: C

I hope this helps and have a wonderful day!!

7 0

3 years ago

Read 2 more answers

If menu costs were​ eliminated, the​ short-run aggregate supply curve will be

If menu costs were eliminated, the short-run aggregate supply curve will be