1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
user100 [1]
3 years ago
5

Jerry quarry sells building stone in a perfectly competitive market. At a its current level of building stone production, jerry

has the marginal costs equal to 45$ and AVC is rising. If the market price of building stone is $50, jerry should
Business
1 answer:
GaryK [48]3 years ago
4 0

Answer:

increase its production of building stone

Explanation:

You might be interested in
A hotel at Lake Lanier Islands surveys guests to determine their satisfaction with the hotel service and amenities. This activit
oksian1 [2.3K]

Answer:

Atlanta Area Lodging | Lanier Islands - Legacy Lodge | Buford GA Lodging

These accommodations offer the finest Buford, GA lodging amenities and stunning views of the lake. ... Legacy Lodge also provides room service from 6:30am – 10:00am and 11:30am – 10:30pm. Check In Time: 4 p.m.

Explanation:

6 0
3 years ago
The Federal Reserve buys $38.00 million in Treasury securities. If the required reserve ratio is 30.00%, and all currency is dep
Mumz [18]

Answer:

$95 million

Explanation:

When the Feds buys securities, it is an expansionary monetary policy

Expansionary monetary policy : these are polices taken in order to increase money supply. When money supply increases, aggregate demand increases. reducing interest rate and open market purchase are ways of carrying out expansionary monetary policy

Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank

Required reserves = reserve requirement x deposits

Excess reserves is the extra that it kept by banks

Money supply = deposit / total reserves

total reserves = 30 + 10 = 40%

total increase in money supply = $38 / 0.4 = $95 million

6 0
3 years ago
Compare transnet with a perfect competitor in terms of price and output and profit
Sergeu [11.5K]
Transnet SOC Ltd is a rail, port, and pipeline company in Johannesburg. 

Price: This company is a price maker, therefore, in terms of price, Transnet perfect compitetor is a price taker.

Output: Transnet has the ability to decide the quantity of their output and they have many competitors on this one.

<span>Profit: Transnet might be able to increase their profit but in a competition it would be hard because customers might switch to the competitor. </span>
6 0
3 years ago
Long Construction Company uses the percentage-of-completion method of accounting for long-term construction contracts. During 20
LUCKY_DIMON [66]

Answer:

$400 million less ($176+$84)=$14 million

Explanation:

the percentage of completion method of accounting is more like of income statement because it is used to assess the companys performance and financial position

8 0
3 years ago
Malika just got hired by Amazon to work in upper management. She currently lives in South Carolina, and has to move to Californi
zzz [600]

Answer: Malika's job starts in one month, so she will have one month without work. Therefore, the opportunity cost of moving herself is low during this month.

Explanation:

From the question, we are informed that Malika just got hired by Amazon to work in upper management and that she currently lives in South Carolina, and has to move to California for the job.

A good economic reason for her to move her personal belongings on her own rather than hiring someone else is Malika's job starts in one month, so she will have one month without work. Therefore, the opportunity cost of moving herself is low during this month.

Since her job will start in a month, that means that she can use the available time she has to move her personal belongings. Assuming, she has something else to do or she'll be busy and will be hard for her to move it on her own, then it'll be logical to request for someone to help her move it but in this case, she can move it herself as the opportunity cost is low.

4 0
3 years ago
Other questions:
  • Gundy Company expects to produce 1,308,000 units of Product XX in 2020. Monthly production is expected to range from 73,000 to 1
    14·1 answer
  • A key underlying assumption of MM Proposition I without taxes is that: corporations are all-equity financed. individuals can bor
    15·1 answer
  • Elaine serves as a consultant about human resource matters to various areas of the business at her company. She works closely wi
    11·1 answer
  • Ricord Books, a publication house, faced huge losses after 2008. The majority of its readers were born during the late 1950s, wh
    11·1 answer
  • Product Pricing: Single Product Presented is the 2017 contribution income statement of Grafton Products. GRAFTON PRODUCTS Contri
    12·1 answer
  • Olsson Corporation received a check from its underwriters for $72 million. This was for the issue of one million of its $5 par s
    11·1 answer
  • In one week, Sami can knit 5 sweaters or bake 240 cookies. In one week, Leila can knit 15 sweaters or bake 480 cookies. Which of
    11·1 answer
  • Michael’s basement recently flooded. He has a homeowner’s policy covering flood damage that has a $500 deductible. The total dam
    6·1 answer
  • 1.- Registre el siguiente asiento de situación inicial en su libro Diario
    15·1 answer
  • The balance sheet items of Kiner company as of December 31, current year, follow in random order
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!