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ziro4ka [17]
3 years ago
5

In order to reduce the harmful affects of recession and carbon emissions, the government provided tax incentives for manufacturi

ng firm's to __________ that provide alternative, more efficient methods of combining inputs to produce output. A. acquire energy efficient production technologies B. increase the returns to scale C. maintain constant returns to scale D. create perfect competition between firms
Business
2 answers:
Svetllana [295]3 years ago
8 0

Answer:

A

Explanation:

densk [106]3 years ago
7 0

Answer:

The correct answer is option A.

Explanation:

In order to curb carbon emissions and the effects of the recession, the government can provide subsidies or tax incentives to firms.  

These tax incentives or subsidies can be used by the manufacturing firms to adopt new energy-efficient technologies. These technologies will help in efficiently using inputs to produce output without creating carbon emissions or at low emissions.  

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AP MICROECONOMICS 1. GW Company produces and sells hats in a perfectly competitive market at a price of $2 per hat. Assume that
slavikrds [6]

Answer:

With the information in the question, we can make the following table:

Number of        Output of     Marginal  Marginal  Marginal

workers/day     hats/day       Product   Revenue  Cost

0                        0                    0              $0             $0

1                         10                   10            $20           $15

2                        26                  16            $32           $15

3                        36                  10            $20           $15

4                        44                  8              $16            $15

5                        49                  5             $10            $15

6                        52                  3             $6             $15

(a) After which worker do diminishing marginal returns begin?

As it can be seen in the table, after the third worker is hired, the diminishing marginal returns begin, because while the marginal product of the second worker is 16 hats, the marginal product of the third worker is 10 hats.

(b) Calculate the marginal physical product of the fifth worker.

The marginal product of the fifth worker is 5 hats.

(c) Calculate the marginal revenue product of the third worker.

The marginal revenue of the third worker is $20.

(d) How many workers will GW hire to maximize profit?

It should hire four workers. By the fourth worker, the marignal revenue is $16, while the marginal cost of hiring the additional fourth worker is $15. In a perfectly competitive market, the profit maximization point is obtained where marginal revenue = marginal cost, which is almost the case here.

(e) if GW Company has fixed costs equal to $20, what will be the company's short-run economic profits from hiring two workers?

If two workers are hired, the total revenue is $52. If the company has fixed costs of $20, and hires two workers costing each $15, the total costs are $50, therefore, in the short-run, the profit is $2.

(1) If the price of hats increases, what will happen to the number of workers hired in the short run?

The number of workers hired will increase because a higher price for hats means a higher marginal revenue for each worker.

6 0
3 years ago
Seaview Company took the following data from their income statement at the end of the current year.Per-unit product cost:$30Gros
MakcuM [25]

Answer:

Gross margin= $40,000

Explanation:

Giving the following information:

Per-unit product cost: $30

Gross margin percentage:40%

Selling and administrative expenses $30,000

Operating income$10,000

We know that:

operating income= gross margin- selling and administrative income

10000= gross margin- 30000

40000= gross margin

5 0
2 years ago
A man buys a racehorse for ​$20 comma 00020,000 and enters it in two races. He plans to sell the horse​ afterward, hoping to mak
Step2247 [10]

Answer:

<h2>A man buys a racehorse for $20,000 and enters it in two races. He plans to sell the horse afterward, hoping to make a profit. If the horse wins both races, its value will jump to $100,000. If it wins one of the races, it will be worth <em>$50,000.</em></h2>

Explanation:

7 0
2 years ago
Many small firms seek to establish a particular niche in the market, realizing that they cannot afford to operate on a larger sc
Karolina [17]

Answer:

Letter A is correct. <u>Fostering competition.</u>

Explanation:

In this case, it is correct to say that small businesses are fostering competition.

Competition in the business world can be defined as a situation where two or more companies that supply products are rivals in the quest to conquer the same market and the same customers.

Large companies often have some dominance and influence over the market, which means that they impose various barriers to market entry by other competing companies, especially if they are micro-companies. In the case of the above question, when there are a large number of small companies looking to establish themselves in a specific niche in the market, due to possible retaliation by large companies, together, they are exerting an influence on the market that promotes competition.

4 0
2 years ago
A __________ is a group of products that are closely related because they satisfy a class of needs, are used together, are sold
konstantin123 [22]

Answer: product line

<span>A group of products which are closely related,  under a single brand which satisfies same needs, are used together and are sold to the same group of customers, distributed through the same company is called product line.  </span>

4 0
2 years ago
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