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3 years ago

What is the shape of MP curve?

1 answer:

8 0

EXPLANATION: The MP curve is one of three related curves used in the analysis of the short-run production so basically the marginal product (MP) curve plays in key role in the economic analysis of short-run production by firm

Answer: MP curve looks like a reverse U shaped curve or are invertedly U-shaped

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Float is important in the cash conversion cycle of a firm because ________. A. its presence reduces the investment that a firm

Bad White [126]

Answer:

Option D. Its presence lengthens both a firm's average collection period and its average payment period

Explanation:

The increase in the float, increases the investment in the working capital so the Option A is incorrect

The reason is that it is the time period from the time the cash was deposited in the company's account to the time its was credited due to the payment to the vendors. If the floating time is increased then the collection period and payment period are increased which is the option D and is totally opposite to option B and C.

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3 years ago

What is the amount of money you still owe to their credit card company called?

evablogger [386]

Debit or credit? bAnk account

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3 years ago

You run a nail salon. Fixed monthly cost is $5,093.00 for rent and utilities, $5,924.00 is spent in salaries and $1,370.00 in in

irina1246 [14]

Answer:

The indifference point is 290 services.

Explanation:

Current location:

Rent and utilities= $5,093

Salies= $5,924

Insurance= $1,370

Total fixed cost= $12,387

Contribution margin per unit= 116 - 4= $112

New location:

Rent and utilities= $11,944

Salies= $6,992

Insurance= $2,427

Total fixed costs= $21,363

Contribution margin per unit= 151 - 8= $143

First, we need to structure the total income formula (y):

Current location:

y= 112x - 12,387

New location:

y= 143x - 21,363

x= number of services

Now, we equal both formulas and isolate x:

112x - 12,387 = 143x - 21,363

31x =8,976

x= 289.55 = 290 services

The indifference point is 290 services.

Prove:

y= 112*290 - 12,387= $20,093

y= 143*290 - 21,363= $20,107

The difference is due to round up.

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3 years ago

Which of the following is the definition of price discrimination?

Amanda [17]

Not exactly sure but I think it's D

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3 years ago

Renault has created a way to generate high profits on low-priced automobiles by using simple designs that incorporate components

Tamiku [17]

Answer:

The correct answer is overall cost leadership.

Explanation:

Companies usually use the strategy of overall cost leadership to be more competitive and get some advantage by creating a low-cost-position among its competitors. In other words, the strategy tends to give the company the ability to keep lower prices than its competitors by increasing productivity and efficiency, eliminating waste, or controlling costs.

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3 years ago