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3 years ago

The sentence, "our company experienced an increase in profits during the last fiscal year," uses precise vigorous wording.

Business

1 answer:

ZanzabumX [31]3 years ago

8 0

Answer:

The statement is: False.

Explanation:

Vigorous wording refers to the act of making information appear more than what it really is, in some cases exaggerating the attention in one point or another. The phrase:

"our company experienced an increase in profits during the last fiscal year";

provides direct, objective information about an event that happened. There are not adjectives that might distort the main message that is intended to be provided.

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Suppose that a hot dog vendor uses a cart (K) and his time (L) to make and sell hot dogs. The vendor's production function is ,

Kisachek [45]

Answer:

L = 2084.75 W^-0.3

Explanation:

The computation of the demand of the labor is shown below:

At the optimum input

As we know that

MRTS = MPL ÷ MPK = w ÷ r

0.7(K ÷ L)^0.3 ÷ 0.3(L ÷ K)^0.7 = w ÷ 50

7K ÷ 3L = w ÷ 50

K = (3 ÷ 350)wL

Now apply the production function

Q = K^0.3L^0.7

500 = ((3 ÷ 350)wL)^0.3 L^0.7

500 = (3 ÷ 350)^0.3 × w^0.3 × L

L = 2084.75 × w^-0.3.

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2 years ago

Dafna11 [192]

Part 1a:


the transactions that create expenses for valdez services are:

a. the company paid $12,200 cash for payment on a 16-month old liability for office supplies.
b. the company paid $1,233 cash for the just completed two-week salary of the receptionist.
c. the company paid $39,200 cash for equipment purchased.
d. the company paid $870 cash for this month's utilities.


Part 1b:

The general journal entries recording the transactions of Valdez services is attached.

Part 2.

The income statement of Carmen Camry for the August is attached.

Part 3:

The statement of owner's equity of Carmen Camry for August is attached.

Part 4:

The general journal entries recording the transactions of Hannah Venedict is attached

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3 years ago

Suppose the elasticity of demand for your parking lot spaces, which are located in a downtown business district, is –1.8, and th

Ipatiy [6.2K]

Answer:

Elastic

DECREASED

Explanation:

The price elasticity is elastic. Demand is price elastic if the absolute value of coefficient of elasticity is greater than 1.

When demand is elastic, it means that quantity demanded is sensitive to changes in price. A small change in price would lead to a greater change in quantity demanded.

Because the parking lot has been operating below its full capacity and marginal cost is zero, the optimal strategy is to reduce price so that quantity demanded would increase.

I hope my answer helps you

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2 years ago

What theory implies that you should allow another firm to perform work activities for your company if that company can do it mor

saveliy_v [14]

The theory of comparative advantage implies that you should allow another firm to perform work activities for your company if that company can do it more productively than you can.
Comparative advantage is term used in economics to denote the ability to produce goods and services at a lower opportunity cost than competitors or trade partners. This theiry is the foundational principle in the theory of international trade.

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2 years ago

On August 1, 2018, Trico Technologies, an aeronautic electronics company, borrows $21 million

NemiM [27]

Answer: First Bank Corp journal $

August 1 2018

1.Trico Dr 21m

Creditor Cr. 21m

Narration. Issuance 21m, 9%, 6 months promissory note to Trico

Dec 31 2018

2. Trico Dr. 1,890,000

Interest income Cr. 1,890,00

Narration Interest payable on promissory note to Trico

December 31 2018

3 Bank Dr22,890,000

Trico. Cr. 22,890,000

Narration. payment of promissory notes and interest due on maturity.

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2 years ago