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bija089 [108]
3 years ago
5

In the context of the​ firm's supply​ curve, as the firm produces more of a​ good, the cost of producing each additional unit ▼

increases stays the same decreases . this implies that the marginal cost of producing a good ▼ decreases increases does not change as it makes more of that good. the​ firm's supply curve represents​
Business
1 answer:
klemol [59]3 years ago
7 0

Answer: As the firm produces more of a good, the cost of producing each additional unit increases this implies that the marginal cost of producing a good increases as it makes more of that good.

Explanation: Marginal cost of a producer refers to the addition in total cost when one more unit of a good is produced.

It is given by MC=\frac{Change in TC} {Change in Output}

Refers to the following situations,

MC increases when adding output increases TC or Total Cost

MC decreases when adding output decreases TC

MC remains constant when adding output does not change TC

The supply curve of the firm is an upward sloping curve, which shows that quantity increases as price increases.

So, in relation to this, it means that MC will also increase as quantity increases.

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When writing an in-depth story about a large drug-manufacturing company, Beth presents the company not as a conglomerate edging
yanalaym [24]

Answer:

Responsible capitalism.

Explanation:

Responsible capitalism occurs when a company is managed in such a way that all stakeholders benefit not only shareholders and top management. The business model promotes philanthropic actions although they are also focused on making profit. Because stakeholders benefit, there is more buy in to the goals of the company and is very sustainable.

Beth is viewing the company as responsible capitalism because they enable towns where they operate attain prosperity.

6 0
3 years ago
Three Waters Co. is a small company and is considering a project that will require $700,000 in assets. The project will be finan
lidiya [134]

Answer:

15.00%

Explanation:

The formula to compute the return on equity is shown below:

Return on equity = (EBIT × 1 - tax rate) ÷ (total equity)

                            = ($140,000 × 0.75) ÷ ($700,000)

                            = ($105,000) ÷ ($700,000)

                            = 15%

It shows a relationship between the earning after tax and total equity in respect of assets required for the project so that the accurate return can come

8 0
3 years ago
Read 2 more answers
A study comparing perceptions of punctuality in the United States and Brazil found that Brazilian timepieces are less reliable a
son4ous [18]

Answer: Polychronic Time

Explanation: A culture that makes use of Polychronic time engages in so many activities at a time, and most times end up not being able to meet up with their main objective.

On the other hand a culture that makes use of monochronic time values doing a thing at a time and find it easier to meet their targets.

The Brazilians are more of a Polychronic time culture as described in the question.

3 0
3 years ago
Fine​ & Funky is a new​ e-commerce website that sells home decorating items and offers online decorating services. It wants
Veronika [31]

Answer: C. Favorable endorsements from​ customers' peers

Explanation: Fine and funky's objective to build trust and loyalty among its target group (women aged 35-55 years) will only be achieved within it's target group. Hence, getting a favourable endorsement from her customers' peers will help her achieve this.

6 0
3 years ago
Explain how a Target price for farm crops is an example of a price floor.​
12345 [234]

Answer: A target price for farm crops is an example of price floor because it’s fixed ahead of harvests with the interest of farmers in mind.

Explanation: A quick definition of both concepts would be of help. A price floor is usually fixed by government legislation and it ensures that the price of a commodity or service does not fall below a certain minimum. In the case of farm crops, a floor price makes sure that the farmers are guaranteed a level of profit in case there is poor harvest for any reason whatsoever. The price floor must be fixed above the equilibrium price for this to be effective.

A target price is an expectation of the future price of commodities or services, and hence prices are fixed ahead of the harvest in the case of farm crops. This is so because as explained earlier, future conditions might change and become unfavorable, therefore making the current market price unprofitable for farmers. If for example, a sack of potatoes currently sells for $30, the government may fix the price floor ahead of the harvest season at $45 per sack. This implies that after harvesting farmers can still sell at $30. However if the harvest turns out to be bad perhaps due to natural disasters, pests or fungal attacks, etc, then the farmers can go ahead and sell at $45 and possibly higher. No farmer is allowed to sell below $45 (since that is the ‘floor’). That way, farmers would still have some profit guaranteed and would be encouraged to remain in the farming business.

8 0
3 years ago
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