Answer:
The marginal cost will most likely increase to $2.00
Explanation:
Because I just did it.
Answer:
The appropriate answer is "capital intensive, land intensive".
Explanation:
- Throughout Home than anything in Abroad, the whole no-trade income of farmers would be significantly greater, even though Home has fewer land assets than International. Throughout Home, then it does in International, the whole no-trade rate of electronics would be smaller, as Home does have more capital resources than International.
- If the market is established, the comparative commodity price throughout the home will be decreased through trade as well as rise throughout foreign trade. If an exchange is expanded, the capital demand would rise at home as well as the rent overland throughout foreign countries will rise.
This will take effect even though the international availability of land will increase but instead international demand for resources will keep increasing.
Answer:
Explanation:
<u>fact of the case</u>
three people formed a limited liability company with contributions as follows:
- Alex - 60 percent
- Becky - 20 percent
- Cindy - 20 per cent
They dispute over the division of profits.
<u>profit division</u>
In a limited liability cooperation whose profit division has not been stated in the operation agreement under the UNIFORM LIMITED LIABILITY COMPANY ACT( ULLCA) , then state law will determine the division of profits. Usually in the absense of an agreement state have divided profits equally among the members.
<u>operating agreement</u>
An operating agreement for an LLC spells out the details of how a business will be managed and operated. Additionally, the term for settling profits and losses may be specified.
<u>opinion</u>
The court may decide that partners will receive an equal division of profits. courts rely usually on the principles of partnership law. in order to avoid the tension of discord between the partners it is best spelt out how the company will be managed as well as profit and loss division in an operating agreement.
Answer:
$3,900
Explanation:
December 15: The company sold $2,000 of product to the customer with terms 2/15, n/45. December 31:The company has a fiscal year end of December 31. The company estimates using the aging-of-Accounts Receivable.
Accounts Receivable were $140,000, 3% is the estimate for doubtful accounts, and the Allowance for Doubtful Accounts balance is a $300 debit prior to any adjustment.
Therefore the amount to be credited to doubtful account = 0.03 x 140,000 = $4,200
The amount of bad debts = $4,200 - $300 = $3,900
If the long-run average total cost curve for a firm is horizontal in a relevant range of production, then it indicates that there (B) are constant returns to scale.
<h3>
What is the long-run average total cost curve?</h3>
- The long-run average cost (LRAC) curve depicts the firm's lowest cost per unit at each output level, assuming that all production parameters are changeable.
- The LRAC curve presupposes that the firm has determined the best factor mix for creating any amount of production, as discussed in the previous section.
- To derive the long-run total cost function, we take the expansion path's total cost and quantity pairs.
- "When all factors of production are variable, the long-run total cost function displays the lowest total cost of generating each amount."
- If a firm's long-run average total cost curve is horizontal in a relevant production range, it shows that there are consistent returns to scale.
As the description states, if a firm's long-run average total cost curve is horizontal in a relevant production range, it shows that there are consistent returns to scale.
Therefore, if the long-run average total cost curve for a firm is horizontal in a relevant range of production, then it indicates that there (B) are constant returns to scale.
Know more about the long-run average total cost curve here:
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Complete question:
If the long-run average total cost curve for a firm is horizontal in a relevant range of production, then it indicates that there
A. isn't a minimum efficiency scale.
B. are constant returns to scale.
C. are diseconomies of scale.
D. are economies of scale.
