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statuscvo [17]
3 years ago
14

Which of the statements is not true? A marginal cost curve will always intersect the average total cost curve at the minimum ave

rage total cost. Marginal cost and marginal productivity are inversely related. Costs that are small and unimportant with little impact on profits are called marginal costs. Marginal cost is the change in a firm's total cost due to a one‑unit change in output.
Business
1 answer:
pychu [463]3 years ago
8 0

Answer: The correct answer is "Costs that are small and unimportant with little impact on profits are called marginal costs."

Explanation: The statement "Costs that are small and unimportant with little impact on profits are called marginal costs." Is not TRUE because as the following statement says the marginal cost is the change in a firm's total cost due to a one‑unit change in output.

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A team has been established to solve a problem with an industrial adhesive used by the firm. The three members are the​ installe
Mama L [17]

Answer:

Self-managed

Explanation:

Self managed team is management concept wherein group of diverse skill people are expected to work on their own without any supervision. This ensures collective accountability for any task undertaken. Employees have freedom to take their own decision. Self managed team concept is being implemented in organization with aim of increasing productivity, efficiency, cost saving and increased employee satisfaction.

5 0
3 years ago
You are the manager of a small U.S. firm that sells nails in a competitive U.S. market (the nails you sell are a standardized co
Viktor [21]

Answer:

On the basis of given information, I'll increase my production of nails.

Explanation:

The reason for increase in production of nails are as follow:

  1. The fact that overall market supply of nails will decrease by 2 % due to exit by the foreign competitors that means my competition will decrease and it will increase the market share for me.
  2. The fact that the overall demand of nails will increase by 2 % means that now I can increase my production in order to meet the supply and demand gap.

These two facts show that it is good opportunity to increase the production as the demand has increased and competition has decreased.

7 0
4 years ago
4. List the arrangements that have to be made for holding a meeting:​
Flura [38]
Mins of meeting must to held
Opening prayer
Introduction of last discussion
7 0
3 years ago
As the economy declines into recession, the collection of personal income tax revenues automatically falls. this phenomenon best
abruzzese [7]

This phenomenon best illustrates how a progressive income-tax system serves as an automatic stabilizer for the economy.

<h3>What is an automatic stabilizer?</h3>

Automatic stabilizers are stabilizers that adjust the economy automatically without the intervention of external agents . Examples include progressive tax and transfer payments. A progressive tax is a tax structure where those who earn higher income are taxed more and those that earn less pay less amount of tax.

In an expansion, progressive tax increases the tax paid and this reduces disposable income. In a recession, tax paid is reduced and this increases disposable income

Here are the options:

increases crowding out in the economy

decreases real interest rates in the economy

offsets the timing problem for fiscal policy

Serves as an automatic stabiler for the economy

To learn more about taxes, please check: brainly.com/question/25311567

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8 0
2 years ago
A work breakdown structure must be decomposed at least four levels in order to be effective. true false
Eddi Din [679]

A work breakdown structure must be decomposed at least four levels in order to be effective- FALSE

   By adopting task breaking, a popular productivity technique, workload can be made more reasonable and approachable. The instrument used to apply this method to projects is the Work Breakdown Structure (WBS), one of the important project management papers. To ensure that project plans are in sync, it does it on its own by combining size, cost, and schedule baselines.

A  Work Breakdown structure is used to graphically, hierarchically, and deliverable-focused decompose a project (WBS). Project managers can use it to break down the focus of their operations and view all the tasks required to complete them, making it a helpful diagram.

To learn more about Work Breakdown structure click here:

brainly.com/question/5775960

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4 0
2 years ago
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