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Vlad [161]
3 years ago
6

Indicate how each of the following would shift the (1) marginal-cost curve, (2) average-variable-cost curve, (3) average-fixed-c

ost curve, and (4) average-total-cost curve of a manufacturing firm. In each case specify the direction of the shift.
Required:
a. A reduction in business property taxes.
b. An increase in the nominal wages of production workers.
c. A decrease in the price of electricity.
d. An increase in insurance rates on plant and equipment.
e. An increase in transportation costs.
Business
1 answer:
DerKrebs [107]3 years ago
6 0

Answer:

a. A reduction in business property taxes.  Fixed cost.

Marginal cost curve = No change

Average variable cost curve = No change

Average-fixed-cost curve = Shift down

Average-total-cost curve = Shift down

b. An increase in the nominal wages of production workers is a  Variable cost.

Marginal cost curve = Shift up

Average variable cost curve = Shift up

Average-fixed-cost curve = No change

Average-total-cost curve = Shift up

c. A decrease in the price of electricity (Variable cost)

Marginal cost curve = Shift down

Average variable cost curve = Shift down

Average-fixed-cost curve = No change

Average-total-cost curve = Shift down

d. An increase in insurance rates on plant and equipment.  (Fixed cost)

Marginal cost curve = No change

Average variable cost curve = No change

Average-fixed-cost curve = Shift up

Average-total-cost curve = Shift up

e. An increase in transportation costs. (Variable cost)

Marginal cost curve = Shift up

Average variable cost curve = Shift up

Average-fixed-cost curve = No change

Average-total-cost curve = Shift up

Explanation:

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Answer:

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The above is false because sales people are supposed to build and maintain long term relationships with their customers by listening to and assessing their needs and not teaching their customers. Sales people create a concerted effort towards solving those needs experienced by their customers.

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a. Ten years ago today, Excel Corp issued a regular coupon bond that had original maturity of 15 years. The bond pays interest s
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Answer:

Total $1,271.0564

Explanation:

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<u>we need to calculate the present value ofthe cuopon payment:</u>

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 50 (1,000 x 5%)

time 10 (5 years 2 payment a year)

rate 0.02 (4% annual divide by 2 to get semiannually)

50 \times \frac{1-(1+0.02)^{-10} }{0.02} = PV\\

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<u>and the present value of the principal</u>

\frac{Maturity}{(1 + rate)^{time} } = PV

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\frac{1000}{(1 + 0.04)^{5} } = PV

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<u>We add both to get the present value ofthe bond</u>

PV c $449.1293

PV m  $821.9271

Total $1,271.0564

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Answer:

True

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Since a company overall performance is determine usually by wotkers production capacity, the US workers would be producing more in an hour for the company at reduced cost than Japanese workers.

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