1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nesterboy [21]
3 years ago
7

Which of the following statements is false? Multiple Choice The short run refers to a period of less than one year. In the long

run, all inputs can vary in quantity. Firms may continue operating at a loss in the short run. In the long run, firms would not continue operating at a loss.
Business
1 answer:
Jet001 [13]3 years ago
7 0

Answer:

The short run refers to a period of less than one year.

Explanation:

The statements is false that the short run refers to a period of less than one year.

The short run, long run and very long run are different time periods in economics.

<u>Short run – where one factor of production (e.g. capital) is fixed</u>.

long run – Where all factors of production are variable,

Unlike in accounting where operating period refer to a period of one year, <u> there is no hard and fast definition as to what is classified as "long" or "short" and mostly relies on the economic perspective being taken.</u>

You might be interested in
Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional
Korolek [52]

Answer:

there's is no meaning to this question

4 0
1 year ago
An employee earns $5,550 per month working for an employer. The FICA tax rate for Social Security is 6.2% of the first $128,400
Klio2033 [76]

Answer:

$4,713.425

Explanation:

The computation of amount of net pay for the employee for the month of January is shown below:-

Deductions = (Gross earning × Social security tax rate) + (Gross earning × Medicare tax rate) + Federal income taxes + Health insurance + Contribution of retirement plan

=  ($5,550 × 6.2%) + ($5,550 × 1.45%) + $184 + $152 + $76

= $344.1 + $80.475 + $184 + $152 + $76

= $836.575

Net pay = Gross earning - Deductions

= $5,550 -  $836.575

= $4,713.425

Therefore for computing the net pay we simply applied the above formula.

3 0
3 years ago
Last year, Courtney Company reported sales of $640,000, a contribution margin of $160,000, and an operating loss of ($40,000). B
Elanso [62]

Answer:

 Break-even sales         =  $800,000.

Explanation:

<em>The beak-even point is the units of products to be sold or number of customers to be served to enable a business to cover exactly its total cost from the revenue. At the break-even point, the business makes no profit or no loss because the contribution from sales exactly equals the total fixed cost</em>

<em>Break-even in sales revenue = Total fixed cost/Contribution margin</em>

<em>Contribution margin (%) = Contribution/ sales ×  100</em>

                                        = 160,000/640,000

                                        = 0.25 ×  100

                                        = 25%

<em>Fixed cost =   Contribution -   operating income</em>

                                    = 160,000- -( 40,000)

                             = 160,000 + 40,000

                             = 200,000

<em>Break-even point sales = 200,000/25%</em>

                                       =  $800,000.

3 0
3 years ago
The burial of porky logan is considered the turning point of randy’s character, if not the novel as a whole. why might this be t
svetlana [45]
<span>Logan's burial might be considered a turning point in the novel because it is the point at which the democratic process and reasoning are completely abandoned for the attitude that force matters more than good intentions do.

Porky's burial is the first time that Randy actually has to force people to do the right thing. Porky's body is a menace.... it could cause an epidemic that could affect everyone, and no one wanted to be a part of it.... but Randy got it done, and he had to pull his pistol to do it.

The last sentence is significant in illustrating the road ahead: "The engine started and Randy turned away to face the thousand-year night"</span>
5 0
3 years ago
What are goods?
Papessa [141]
The answer your problem is C
3 0
3 years ago
Other questions:
  • A company's board of directors votes to declare a cash dividend of $1.55 per share of common stock. The company has 31,000 share
    7·1 answer
  • In order to be strategic when participating in the recruiting process, HR professionals must:______.
    5·1 answer
  • A machine costs $1,000 and has a 3-year life. the estimated salvage value at the end of three years is $100. the project is expe
    12·1 answer
  • Michael keeps looking for his keys on the kitchen table, where he usually leaves them. eventually, he checks in his pocket and f
    10·1 answer
  • When the consumer price index falls, the typical family has to spend fewer dollars to maintain the same standard of living.
    14·1 answer
  • A buyer is looking for a multi-family option that includes common area maintenance and will allow him to take advantage of tax i
    5·1 answer
  • The innovation paradox implies that consistency in products and services provokes a tension with the need for new products. This
    14·1 answer
  • What is the difference between crowd sourcing and crowd funding?
    13·1 answer
  • Online companies create a ________consumers gain information that turns them into sophisticated customers, opportunities to cust
    8·1 answer
  • ________ describes the net present value of the stream of future profits expected over the customer's lifetime purchases.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!