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Mice21 [21]
3 years ago
11

If a firm is currently in a​ short-run equilibrium earning a​ profit, what impact will a​ lump-sum tax have on its production​ d

ecision? A. The firm will not change output and earn a higher profit. B. The firm will decrease output to earn a higher profit. C. The firm will not change output but earn a lower profit. D. The firm will increase output but earn a lower profit. If a firm is currently in a​ short-run equilibrium earning a​ profit, what impact will an increase in variable factor prices have on its production​ decision? A. The firm will decrease output to earn a higher profit. B. The firm will not change output but earn a lower profit. C. The firm will not change output and earn a higher profit. D. The firm will decrease output and earn a lower profit.
Business
1 answer:
kirza4 [7]3 years ago
4 0

Answer:

Question 1:

The correct option is "C"

Question 2:

The correct option is "D"

Explanation:

Question 1:

A firm amplifies benefit b comparing minimal income (MR) with peripheral cost (MC). A change in fixed costs like singular amount charge doesn't change MC, in this way firm delivers same yield. Be that as it may, higher fixed cost expands absolute expenses, consequently benefit diminishes.  

Question 2:

Increment in factor cost will build MC and increment ATC, along these lines firm will diminish yield and benefit will fall.

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Shtirlitz [24]

Answer: so you are giving someone instructions like how to make a sandwich with a lot of detail so someone could do everything you did :)

Explanation:

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3 years ago
Which of the following statements about the relationship between the financial market and the
BigorU [14]

Answer:

C

Explanation:

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7 0
2 years ago
Please help me. Only answer if you know.
Nostrana [21]
A. Occupational Outlook Handbook.
3 0
3 years ago
Willow Golf Course is planning for the coming golfing season. Investors would like to earn a 15% return on the company's $58,000
Ira Lisetskai [31]

Answer:

The operating profit is $4,800,000

Explanation:

We know that,

The operating profit would equal to

= Sales - variable cost - fixed expenses

where,

Sales = Number of rounds of golf × selling price per unit

         = 600,000 rounds × $75

         = $45,000,000

Variable cost = = Number of rounds of golf × selling price per unit

                          = 600,000 rounds × $17

                          = $10,200,000

And, the fixed expenses is $30,000,000

Now put these values to the above formula  

So, the value would equal to

= $45,000,000 - $10,200,000 - $30,000,000

= $4,800,000

3 0
3 years ago
A key part of the income-expenditure model is understanding that as gdp (or national income) rises, so does ________. group of a
Alinara [238K]

A key part of the Income-Expenditure model is understanding that as national income (or GDP) rises, so does aggregate expenditure

<h3>What is aggregate expenditure?</h3>

The equilibrium level of real GDP, which may be used to estimate the level of employment in the economy, is determined by the income-expenditure model. The aggregate expenditure schedule is the model's key component (or curve). Recall that total spending is the sum of four components: net exports, government spending, investment spending, and consumer spending.

Understanding that aggregate expenditure increases as national income (or GDP) increases is a critical component of the Income-Expenditure model. In the pages that follow, we'll go over the elements of total expenditure and look at how national income affects them. The total expenditure will then be calculated by adding the four parts collectively.

To learn more about aggregate expenditure from the given link:

brainly.com/question/14895846

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5 0
1 year ago
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