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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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Although GDP is a reasonably good measure of a nation's output. It does not necessarily include all transactions and production
Scorpion4ik [409]

Answer:

Options (a), (b) and (d) are correct.

Explanation:

Gross domestic product refers to the total value of production of goods and services during a period of time within the boundaries of the nation. GDP of a nation also represents the standard of living of that nation. If the GDP of a nation increases then it is assumed that the standard of living of that nation also increases.

But there are some flaws or loopholes in this assumption as non-marketing activities and the underground economy makes the GDP an imperfect measure of a particular economic activity.

Is doesn't includes the quality of goods received by the consumers as it doesn't contribute towards GDP of a nation.

It doesn't takes into account the non-market activities such as self service and house work. If a person is cleaning his home then this doesn't contribute towards GDP but if he hires someone to do the same job then then this will contribute towards the calculation of GDP as it is counted as a consumption expenditure.

Loss of enjoyment will also not counted while determining the GDP.

Government pay checks to soldiers will be included in the GDP because it increases the GDP of a nation.

8 0
2 years ago
When Luke, Larry, and Lance lost their jobs during the recent recession, they pooled their resources, borrowed a little more, an
stepladder [879]

Answer:

a) Limited liability company

Explanation:

Considering the options given, as an advisor the form of business that I would recommend is: limited liability company that is a structure in which the owners  are not responsible with their personal assets for the company's debts as the three owners are concerned about this risk.

I would not advise the other forms of business because the sole proprietorship is a firm that is run by one person, the general partnership is a structure in which two or more people agree to share unlimited liability which means that they share all their personal assets and are responsible for any debt the company has with them and the master limited partnership is a company that trades securities in the market.

4 0
3 years ago
Suppose a retail store was offering 10% off all prices on all goods. The incentive to take advantage of the 10% savings is:_____
STALIN [3.7K]

Answer:Directly related to the list price of the good

Explanation:

6 0
2 years ago
Which branch of government has exercised the most power regarding race to the top, common core standards, and its assessments? w
Ierofanga [76]

For the first question, the answer is the judicial branch of the government since it is the one who ordain and establishes. The Judicial branch construes the laws. The judiciary also offers a tool for the resolution of arguments.

For the second question, the answer is the executive branch of the government. The executive is the structure exercising authority in and holding accountability for the power of a state. The executive implements and imposes law. 

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3 years ago
The percentage of network programming on broadcast TV that involves sports is _______________________.
Dmitry_Shevchenko [17]

Answer: Fifty percent.

Explanation:

8 0
3 years ago
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