Because if everyone went and had the same job no one else would know how to do the other jobs causing our entire economy to fail and entire city’s failing too.
The quantity that would be produced by a firm that shuts down in the short run is zero units.
<h3>When would a firm shut down in the short run?</h3>
The short run is a period when at least one or more factors of production are fixed and the others are variable. In the short run, if the average variable cost is greater than the price, the firm should cease production. This means that zero units of output would be produced.
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<u>The </u><u>separation </u><u>of a </u><u>manufacturing process</u><u> into distinct tasks and the assignment of different tasks to different individuals is called </u><u>specialization</u><u>.</u>
What is the separation of a manufacturing process?
- The number one production thing of the chemical system industries is separation processes (CPI).
- These crucial responsibilities encompass doing away with impurities from uncooked materials, improving and purifying number one products, and casting off impurities from effluent water and air streams.
What is conditioning withinside the production system?
- A material's inner structure is altered in the course of conditioning processes, converting the material's houses.
- These tactics modify a material's hardness, corrosion resistance, strength, or different houses via the usage of heat, mechanical force, or chemical reaction.
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Answer:
This has no effect on the period-end balance sheet.
Explanation:
A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
According to the question asked the balanced sheet was prepared before the pay period came so this effect will not affect the balance sheet.
