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ivann1987 [24]
3 years ago
8

Explain how firms decide how much labor to hire to produce a certain level of output

Business
1 answer:
ss7ja [257]3 years ago
7 0

The firms focus on improving marginal returns. Apart from this, they focus on specialization which increases the output. The amount of labor the firm plans to hire depends on the level of output it requires. The firm keeps adding new workers until output reaches its crest or peak.

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Red Bison Petroleum Producers Group is expected to generate $140,000,000 in net income over the next year. Red Bison Petroleum P
pashok25 [27]

Answer:

Detailed solution is given below:

6 0
3 years ago
If a business is in need of working capital, one option is to use a(n) ________ that will buy the company's account receivables
vesna_86 [32]

Answer:

factoring company

Explanation:

Factoring companies purchase your company's invoices (account receivables). When they do that, your company promptly receives a cash advance, instead of waiting for the usual 60, 90 day period to receive the full payment amount. Afterward, the factoring company collects the payment from your clients.

All of that is done for a fee to the factoring company (deducted from the full payment amount) and mostly with clients with whom it is normal to have longer payment periods. Factoring is an essential way to get bigger working capital.

5 0
3 years ago
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Consignment goods are:
Nady [450]

Answer:

Goods shipped by the owner to the consignee who sells the goods for the owner.

Explanation:

Consignment goods -

It refers to the goods holded by the consignee which is responsible for selling the goods , is referred to as consignment goods .

The consignee receives certain amount of money as commision for the goods .

This method is used by many manufacturing firm , to have a smooth and proper distribution of goods and services .

Hence , from the given question ,

The correct option is first one .

8 0
3 years ago
If there's upward pressure on price how does this affect the supply side of the market?
taurus [48]

If there's upward pressure on price, there would be an increase in the quantity supplied.

<h3>What the relationship between price and the quantity supplied?</h3>

There is a positive relationship between price and the quantity supplied. When there is an increase in price, the quantity supplied increases all things being equal.

The positive relationship between price and the quantity supplied is a result of the desires to earn more profit. So when price increases, in order to earn higher income, producers would increase the quantity supplied.  This postulation is in line with the law of supply.

To learn more about the law of supply, please check: brainly.com/question/26374465

#SPJ1

6 0
2 years ago
Which lists the order of Energy Career Pathways from the source to the customer?
Goshia [24]

The answer is A the first path is a worker in energy generation, followed by energy transmission, and the final passage is energy distribution.

<h2>Further Explanation:</h2>

The career pathways are a set of profession step in professional work. The path for people who work in energy-related practice is started.

1. Energy generation: The energy such as electrical power comes from the various resource, it could be from the solar panel, gas, or old fossil electrical plant. The career here can be an engineer, the researcher.

2. Energy transmission: Transmission in electrical power is a process from the resource of where the electricity is generated into the final destination where the power is distributed.

3. Energy distribution: The distribution is the last passage where the energy is distributed to the micro organization such as household, firm, supermarket, and many others.

<h2>Details</h2>

Material : Business

Sub chapter : Career pathways

<h2>Know more </h2>

How the energy is transmitted brainly.com/question/11548873

8 0
3 years ago
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