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Sindrei [870]
4 years ago
9

"Jacques's Performance Pizza is a small restaurant in New York City that sells gluten-free pizzas. Jacques's very tiny kitchen h

as barely enough room for the three ovens in which his workers bake the pizzas. Jacques signed a lease obligating him to pay the rent for the three ovens for the next year. Because of this, and because Jacques's kitchen cannot fit more than three ovens, Jacques cannot change the number of ovens he uses in his production of pizzas in the short run."
Business
1 answer:
MatroZZZ [7]4 years ago
5 0

Answer:

The workers are variable input

The oven is a fixed input

Explanation:

Here is the complete question:

Inputs and outputs Jacques's Performance Pizza is a small restaurant in New York City that sells gluten-free pizzas. Jacques's very tiny kitchen has barely enough room for the two ovens in which his workers bake the pizzas. Jacques signed a lease obligating him to pay the rent for the two ovens for the next year Because of this, and because Jacques's kitchen cannot fit more than two ovens, Jacques cannot change the number of ovens he uses in his production of pizzas in the short run. However, Jacques's decision regarding how many workers to use can vary from week to week because his workers tend to be students. Each Monday, acques lets them know how many workers he needs for each day of the week. In the short run, these workers are ▼ inputs, and the ovens are ----- inputs

A fixed input is an input that doesn't vary with production. It cannot be changed in the short run.

Jacques cannot change the number of ovens he uses in his production of pizzas in the short run. This makes ovens a fixed input

A variable input is an input that varies with production. It can be changed to meet production's demand.

Jacques's decision regarding how many workers to use can vary from week to week because his workers tend to be students. This makes his staffs a variable input.

The short run is a period when at least one factor of production is fixed and others are variable.

I hope my answer helps you

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The standard deviation of the market-index portfolio is 20%. Stock A has a beta of 2.50 and a residual standard deviation of 30%
erica [24]

Answer and Explanation:

Given:

Market-index portfolio (σ) = 20% = 0.20

β = 2.50

Residual standard deviation (e) = 30% = 0.30

A. Total variance for an increase of 0.25 beta = ?

B. Total variance for an increase of 7.75% (0.0775) in its residual standard deviation = ?

Computation:

A. Total variance = Systematic Variance + Residual Variance

Total variance = β²σ² + e²

Total variance = (2.50 + 0.25)²(0.20)² + (0.30)²

Total variance = (2.75)²(0.20)² + (0.30)²

Total variance = (7.5625)(0.04) + 0.09

Total variance = (0.3025) + 0.09

Total variance = 0.3925

B. Total variance = Systematic Variance + Residual Variance

Total variance = β²σ² + e²

Total variance = (2.50)²(0.20)² + (0.30 + 0.0775)²

Total variance = (2.50)²(0.20)² + (0.3775)²

Total variance = (6.25)(0.04) + 0.14250625

Total variance = (0.25) + 0.14250625

Total variance = 0.3925

6 0
3 years ago
Three ounces of cinnamon cost $2.40. If there are 16 ounces in 1 pound, how much does cinnamon cost per pound?
egoroff_w [7]
<span>As the three ounces of cinnamon cost=
 $2.40,
so one ounce would cost 80 cents
 now
. multiply 80 scents by 16 that is total number
so 80*16
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hope it helps</span>
4 0
4 years ago
Read 2 more answers
At the end of its 2020 fiscal year, Pastel, Inc., received an order from a customer for $40,000. The merchandise will ship early
exis [7]

Answer:

The answer is:

Disagree

The matching principle is violated

Explanation:

The order of a customer worth $40, 000 was received at year end. However, the merchandise will only ship in the year following the fiscal year. When goods are shipped, revenue is recognised on shipping the goods or receipt of the goods by the customer. According to the information provided, merchandise will only be shipped in 2021, therefore the customer will only receive the goods in 2021. Given this information, recognising revenue in the current period would be an incorrect treatment of the transaction and contravene the matching principle. This principle indicates that revenue and the costs associated with the revenue should be recognised in the same period.

The sale should not be recognised in 2020 because the goods' delivery and the costs incurred in delivering those goods will only be incurred in 2021. No indicated payment, cash or otherwise, was received in lieu of this transaction. Recognising  this sale in the income statement and the associated asset in the statement of financial position could be misconstrued as an attempted enhancement of Pastel Inc.'s financial position for the 2020 fiscal year end.

7 0
3 years ago
Read 2 more answers
Price ceilings are created to keep products affordable for consumers.Answer
eduard
Answer : a. True

It is true that price ceilings are created to keep products affordable for consumers. Price ceilings are set by the government. It is a government initiative to regulate the prices of commodities, products and services in the market to protect the consumers' interests and rights. In deciding the price ceiling, it must be considered that it should be below the natural market equilibrium. Legally, the prices can't just be raised suddenly but must follow certain legal and business procedures.
6 0
4 years ago
Assume the value of a country's currency is 1 when the price level is 1.2 If the price level changes to 1.4, by how much in perc
Lostsunrise [7]

Answer: -14.3%

Explanation:

The Value of money can be calculated by the formula;

Value of money = Amount of money / Price Level

Orginally the value of money was 1, the amount was 1.2 and so was the price level.

Price level has changed so the new value is;

= 1.2/1.4

= $0.857

The change therefore is;

=( 0.857 - 1) / 1

= -14.3%

7 0
3 years ago
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