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RUDIKE [14]
4 years ago
10

The long run is best defined as a time period during which at least one input cannot be changed. during which all inputs can be

varied. during which consumer demand for goods and services change. that is longer than two years. One thing that distinguishes the short run and the long run is the number of months considered. implicit costs. the existence of marginal costs. the existence of at least one fixed input.
Business
1 answer:
Olegator [25]4 years ago
7 0

Answer:

The long run is best defined as a time period

  • during which all inputs can be varied.

One thing that distinguishes the short run and the long run is

  • the existence of at least one fixed input.

Explanation:

On the long run, all productive inputs can be changed and/or altered. that includes fixed costs like equipment and machinery, building facilities, processes, wages, etc.

On the short run, at least one of the inputs used to produce our goods or services cannot be changed, e.g. wages tend to be sticky, fixed costs (depreciation of equipment and machinery, buildings, etc.)

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XYZ Movers, a professional relocation company, has 3-person teams for their moving services. The company asks customers to compl
Makovka662 [10]

Answer:

C. 360-degree performance appraisals

Explanation:

360 degree appraisal is also known as multi-rater feedback or multisource assessment. This is an appraisal systbthat uses multiple sources to rate performance. The sources used include customer feedback, subordinates, supervisors, and colleagues.

XYZ movers employs customer feedback, supervisor ratings, and team member ratings to conducts it's 360 degree performance appraisal.

3 0
3 years ago
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Debra notes that Theo Chocolate has started holding its own operations to the same IMO standards of fair trade to which it holds
slamgirl [31]

Answer:

The correct answer is letter "A": Ethical leadership.

Explanation:

Ethical leadership is the set of managerial practices that executives use to give an example to their subordinates and promote good values among the organization. This is typically achieved by promoting fair treatment among workers and social awareness with the external environment of the firm.

In the example, <em>Theo Chocolate started to follow the International Maritime Organization (IMO) standards that promote the safety and security of international shipping and forbid marine pollution from ships</em>.

8 0
4 years ago
What might a small business owner do to make sure HR function was preformed?
Anuta_ua [19.1K]

Apr 26, 2018 - Most small businesses handle employment matters themselves. ... be better off devoting their time to sales, technology and other functions. ... "The owner should always delegate when their time can be spent better

5 0
4 years ago
If they produce only hamburgers, in a single day Sarah can produce 10 hamburgers, and Abe can produce 5 hamburgers. If they make
viktelen [127]

Answer:

Sarah

Milkshakes

Explanation:

A person has comparative advantage in production if it produces at a lower opportunity cost when compared with other people.

A person has an absolute advantage in the production of a good or service If she produces more quantity of a product when compared with other people.

Sarah produces more hamburgers and milkshakes when compared to Abe. Therefore she has absolute advantage in the production of both milkshakes and hamburgers.

The opportunity cost of Sarah in producing hamburgers and milkshakes are both 10/10 = 1

The opportunity cost of Abe producing hamburgers is 4 / 5 = 0.8 and for milkshakes it is 5/4 = 1.25.

Therefore, Sarah has a comparative advantage in the production of milkshakes because she has a lower opportunity cost (1) when compared with Abe (1.25)

I hope my answer helps you.

6 0
3 years ago
The strategy that a firm chooses dictates such structural elements as the division of tasks, the need for integration of activit
TiliK225 [7]

Answer: C. structure follows strategy.

Explanation:

The text mentions that the strategy that is chosen is the one to influence the structural elements in an organization. This is true because the Strategy of the Organization tells what the Organization wants to achieve in the long run.

The Organizational Structure would then have to fall in behind this and be done in such a way that the different activities in the organization will be garnered towards achieving the goals that the strategy has set.

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3 years ago
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