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Anna007 [38]
3 years ago
6

If a firm has excess capacity, it means Group of answer choices that the firm's quantity supplied exceeds its quantity demanded.

that the firm expands too much of its resources on advertising its product without seeing an appreciable increase in sales. that the firm's long-run average cost of producing a given quantity exceeds its short-run cost of producing that same quantity. that the firm is not producing a quantity that minimizes its average cost per unit..
Business
1 answer:
rosijanka [135]3 years ago
5 0

Answer:

that the firm is not producing a quantity that minimizes its average cost per unit..

Explanation:

A firm has excess capacity if it is producing less amount of goods or services than it is supposed to produce. it is when marginal cost of production is less than average cost of production and average cost can still be reduced further by increasing the quantities produced.

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Suppose that the global crude oil price has risen due to refinery breakdowns caused by middle-east politics and warfare. Crude o
Sergeu [11.5K]

Answer:

"Definitely increase" is the correct approach.

Explanation:

  • As fuel demand rises, consumption exceeds the amount, as manufacturers are unable to cope with either the surge in demand whenever the profit margin is still rising.
  • We could perhaps state precisely that consumption overtakes the output of petrol or the curve of availability to that same right as well as would therefore be at that same greater degree.

Thus the above is the correct answer.

8 0
3 years ago
On the basis of the three Individual demand schedules below, and assuming these three people are the only ones in the society, d
Oduvanchick [21]

Answer:

Demand

Public Good

Price Qd

42.....1

36....2

30....3

24....4

18.....5

12.....6

6.....7

2....8

Explanation:

6 0
3 years ago
Solve the exponential equation by taking the logarithm on both sides. 5^(x+8)=7
rodikova [14]
<h2>Answer:</h2>

x = (log₅7) - 8

<h2>Explanation:</h2>

<em>Given;</em>

5^{x+8} = 7

<em>Take log of both sides;</em>

log₁₀(5^{x+8}) = log₁₀7               -------------(ii)

<em>From the laws of logarithm remember that;</em>

logₐ xⁿ = n logₐ x

<em>Equation (ii) can then be written as;</em>

(x + 8)log₁₀5 = log₁₀7

<em>Divide both sides by log₁₀5</em>

(x + 8) = \frac{log_{10}7}{log_{10}5}                -----------(iii)

<em>From the laws of logarithm, remember that;</em>

\frac{log_{a}x}{log_{a}y} = log_yx

<em>Equation (iii) can thus be written as;</em>

(x + 8) = log₅7

x + 8 = log₅7

<em>Make x subject of the formula;</em>

x = (log₅7) - 8

7 0
3 years ago
Which of the following statements is true concerning income if manufacturing production exceeds units sold?A higher operating in
vova2212 [387]

Answer:

A higher operating income will result under absorption costing

Explanation:

If manufacturing production exceeds units sold there will be an increase in inventory and increases in inventory cause income to be higher under absorption costing  than under variable costing.

Under variable costing, as its name suggests, only variable production costs are assigned to inventory and cost of goods sold.  

Under absorption costing, normal manufacturing costs are considered product costs and included in inventory.

<em>Recognize that a reduction in inventory during a period will cause the opposite effect. </em>

<em>Specifically, a portion of the contents of the beginning inventory would be transferred to expense commensurate with the decrease in inventory. </em>

<em>Since the inventory contains less under variable costing, expect expenses to be lower and income to be higher.</em>

4 0
3 years ago
The NASAA Statement of Policy on Dishonest or Unethical Business Practices of Broker-Dealers and Agents includes prohibitions ag
Semmy [17]

Answer:

B) wash trades

Explanation:

In the case when the wash trades are performed so it consists the simultaneous or near-simultaneous i.e. selling and the repurchase of the similar security for the motive of producing the trading activity due to which price rise. This is the form of how the market manipulates. The other options i.e. given in the question is not considered the market manipulation

Therefore the option B is correct

6 0
3 years ago
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