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4 years ago

The upward-sloping part of the long-run average cost curve is explained by:

1 answer:

5 0

The appropriate response is diseconomies of scale. Diseconomies of scale is a monetary idea alluding to a circumstance in which economies of scale never again works for a firm. With this guideline, as opposed to encountering kept diminishing expenses and expanding yield, a firm observes an expansion in minor costs when yield is expanded.

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Langston knows he can make a car payment of $400 per month for the next 5 years. What is the maximum amount he can finance witho

wariber [46]

Answer:

The maximum amount he can finance without exceeding his payment goal if interest rates are 3% is $160,000.

Explanation:

Assumption: There is no compounding effect as interest earned is paid as car payment and interest rate is 3% per year.

Monthly Outcome required = $400

Interest Rate = i = 3%

Number of Years = 5 years

Number of Months = 5 x 12 = 60 Months

Amount to be Finance = P = ?

Use Following formula to calculate the amount of Finance

Interest = P x ( 3% / 12 )

$400 = P x ( 0.25% )

$400 / (0.25% ) = P

P = $400 / 0.0025

P = $160,000

The maximum amount he can finance without exceeding his payment goal if interest rates are 3% is $160,000.

3 0

4 years ago

A physician opens up a new practice and qualifies for a $7,000/month disability income policy. what rider would the physician ad

Elodia [21]

The right rider for the physician to add is guaranteed future insurability. If the doctor knows for sure that his income will be growing in the future, he can add guaranteed future insurability rider to his disability policy, and this will allow him to purchase additional insurance without trying any medical question as long as he meets the income eligibility.

5 0

4 years ago

Question text The first task of an event marketer is to Select one: a. Attract attendees b. Elicit sponsors c. Organize staff d.

Mamont248 [21]

Answer:

C. Organize staff

Explanation:

C. Organize staff is the answer.

7 0

4 years ago

When a reduction in the price of a good allows a consumer to purchase more of all goods, this effect is called the a. elasticity

kogti [31]

Answer:

The correct answer is b. income effect.

Explanation:

The income effect describes how the change in the price of a good can change the quantity that consumers will demand of that good and related goods, based on how the price change affects their real income.

7 0

4 years ago

Read 2 more answers

The Azuza Company owns no plant assets and had the following income statement for the year:

Eva8 [605]

Answer:Please see answer below

Explanation:

Solving

Net income= $16,000

Change in asset and liabilities

Accounts receivable Increased $67,000- $59,000 =- -8000

Inventory Decreased 62,000- 86,000=24,000

Prepaid rent --Increased 9,000- 7,000 = -2000

Accounts payable ---decreased 22,000 -30,000 = -8000

Wages payable ----Increased 9,000- 7,000=2000

Net cash provided by operating activity.=24,000+ 2000-(8000+2000+8000)

= $24,000

Net income= $16,000

Change in asset and liabilities

Accounts receivable--Increase -$8,000

Inventory--Decreased-- $24,000

Prepaid rent --Increased -$2,000

Accounts payable ---decreased-$8,000

Wages payable ----Increased $2,000

Net cash provided by operating activities,= $24,000

3 0

4 years ago