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blagie [28]
3 years ago
12

In setting the production level, a firm's cost curves A. by themselves do not tell us what decisions the firm will make. B. have

no bearing on what decisions the firm will make. C. dictate what decisions the firm will make. D. None of the above is correct.
Business
1 answer:
prisoha [69]3 years ago
7 0

Answer: Option A : by themselves do not tell us what decisions the firm will make.

Explanation: Using the cost curve to make decisions is the function of the firm's internal decision mechanism

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A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from th
ozzi

Explanation:

The free enterprise system is one influenced by the market, which will determine all economic variables, such as price, products and services, and is a system independent of government control to function.

Therefore, it is correct to state that in a free enterprise system, the offer and demand of the consumer for a product or service that will be the determinant of the success or failure of an organization.

As an example of an entrepreneur, we can mention Steve Jobs, who created one of the largest technology companies in the world, Apple. The free enterprise system was one of the reasons for Apple to succeed in becoming one of the most valued companies in the world, due to the fact that it brought innovative products to the market that became examples of products of value to consumers, which made company to grow and become so successful in the market. If the company operated in a government-controlled market, it would probably have to follow specific rules and restrictions for the production of its products that could limit the company, and its performance could be restricted and not as innovative as the company in the market, which is one of the reasons why it achieved success.

5 0
3 years ago
An outbreak of salmonellosis occurred after an epidemiology department luncheon, which was attended by 485 faculty and staff. as
liraira [26]

Out of the 485 who ate the same food items, 65 people had fever and diarrhea and five of them were severely affected. If there were 72 cases added based on the laboratory tests, clinically apparent cases will be (65+72) or 137. The ratio of severe cases to other clinically apparent cases was 5/137.

4 0
3 years ago
Suppose that a small town has seven burger shops whose respective shares of the local hamburger market are (as percentages of al
IgorC [24]

Answer:

a= 75%

b= 1702

c= 94% , 4334

8 0
2 years ago
Fiona is employed by Hallmark Cards, Inc., where her responsibilities include maintaining displays of greeting cards in drugstor
Viefleur [7K]

Answer:

These are the options for the question:

a. specialty-line wholesalers.

b. assemblers.

c. full-service stockers.

d. in-store maintainers.

e. rack jobbers.

And this is the correct answer:

c. full-service stockers.

Explanation:

Fiona is a full-service stocker, or retail stocker. A retail stocker is a person who is responsible for organizing (stocking) products in the shelves of a retail space (a large store, a supermarket, a convenience store).

Retail stocker also help customers by giving directions within the store, or by helping elderly, disabled, and other people reach products that they might not be able to reach by themselves.

7 0
3 years ago
On July 1 of the current calendar year, Olive Company paid $8,200 cash for management services to be performed over a two-year p
Andrew [12]

Based on the amount paid by Olive Company for the two year period, the adjusting entry on December 31 would be a debit to an expense and a credit to prepaid expense for $2,050.

<h3>What would be the adjusting entry?</h3>

Based on the accrual method, only costs for the year can be recorded as expenses.

If any costs are for other periods, those costs would be credited to prepaid expenses.

The expense for this year for management services would be:

= Number of months from July to December x Amount paid / number of months in contract

= 6 months x 8,200 / 24 months

= $2,050

In conclusion, expenses will be debited $2,050.

Find out more on prepaid expenses at brainly.com/question/9270086.

4 0
2 years ago
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