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rusak2 [61]
3 years ago
13

An isocost line is a curve that shows all combinations of labor and capital that are available for a given total cost

Business
1 answer:
nirvana33 [79]3 years ago
6 0

Answer:

The above statement is TRUE

Explanation:

Isocost Line shows input/factor combinations (here - labor & capital) which are of same Total Cost / budget to the producer , given factors price .

It is analogous to Consumer's Budget Line Constraint (representing product combinations satisfying their income budget) .

It is an important component of Producer's Equilibrium : Producer is at equilibrium where Isocost is tangent to Isoquant (representing input/ factor combinations yielding same level of production quantity - analogous to consumer's indifference curve showing production combinations offering same consumer satisfaction) .

Tangency of Iscost line to Isoquant curve gives Producer Equilibrium .

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"a branding strategy in which a firm uses a different brand for each of its products is called ____ branding."
Aleksandr-060686 [28]
<span>A branding strategy in which a firm uses a different brand for each of its products is called individual branding. With the use of this strategy, products from the same company are given a unique identity and name. This is especially useful when companies offer a wide range of products that cater different price markets. </span>
8 0
3 years ago
New Furniture. Penny purchased $3,000 worth of furniture from Bob's furniture shop. Through an arrangement with Bob, Penny finan
Vlada [557]

Answer:

Please consider the following explanation.

Explanation:

Bob is correct in this case as Penny didn't make a claim that the goods were non-conforming. Penny is incorrect. Since there was no claim of non conformance, Bob doesn't have to refund the $3.000.

8 0
3 years ago
Coolibah Holdings is expected to pay dividends of $ 1.10 every six months for the next three years. If the current price of Cool
Viktor [21]

Answer:

$25.15  

Explanation:

The price the stock would be sold at the end of the three-year holding period can be computed using excel FV formula stated below:

=fv(rate,nper,pmt,-pv)

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nper is the number of dividend payments over three-year period which is 6

pmt is the amount of semiannual dividend payment

pv is the current stock price

=fv(7%,6,1.1,-22)=$25.15  

6 0
3 years ago
A single branch of Simpson Shoes has been operating since 1917. A new marketing team member suggested they look into Local Inven
fenix001 [56]

Answer: The correct option is:

In Google search from a device within 30 miles (48 km) of the Simpson Shoes location.

Explanation: When using Local Inventory ads, the ads will appear within 30 miles (48 km) of the organization.

Google will render the ad to people who are searching for the products and services that the organization has available in stock.

Therefore, Simpson Shoes Local Inventory ad will appear in Google search from any device within 30 miles (48 km) of the Simpson Shoes location.

3 0
3 years ago
Read 2 more answers
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Neko [114]

Answer:

Explanation:

In This Cost accounting <u><em>(which is a methodical set of process and procedures for accounting and reporting the capacity of the cost of producing and given goods and carrying out services in the aggregate and in detail.) </em></u>question, the analysis in the diagram below indicates that Gator should produce gloves and mittens otherwise loss will be increased by $26,180

4 0
3 years ago
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