Answer:
The correct answer is: c. toward which the economy gravitates in the short-run.
Explanation:
In the economic context, the Short Term is a period in which an economy does not have enough time to change its fixed expenses in order to reach new levels of profitability or production, so it must be limited to changes in variable costs. It is worth mentioning that the Short Term is not a defined period of time, but depends on each company, industry or economic variable.
One of the most important bases of the meaning of Short Term is that companies have fixed and variable costs. For example, some common expenses, wages and prices are fixed costs, so they cannot change to freedom to reach a new equilibrium.
Answer:
profit increase by 750 dollars
Explanation:
We must base our analisys considering only the loan board associated cost:
<em><u>contribution per long board:</u></em>
300 sales price - 225 variable cost = $75
total contribution for 250 units:
250x$75 = 18,750
<em><u>increase in fixed cost:</u></em>
69,000 - 51,000 = 18,000
incremental operating profit:
18,750 contribution - 18,000 fixed cost = 750
There is no way to resolve the conflict between commercial business goals and those of social innovation. Social innovation follows a different process to more commercial forms of innovation. Whilst empathy and a need for social justice may be necessary attributes of a social entrepreneur, they are not sufficient. so true.
Answer:
$428,780
Explanation:
DRACO CORPORATION
Stockholders' Equity Section of the Balance Sheet as at December 31
Preferred stock- $10 par value
($6,800×$2) $13,600
Paid in capital in excess of par- Preferred stock ($6,800 ×$44) $299,200
($46-$2)
Preferred stock- $10 par value
($1,700×$10) $17,000
Paid in capital in excess of par- Common stock ($1,700×$41) $69,700
($51-$10)
Retained earnings($78,000-$29,000) $49,000
Less: Treasury stock($340×$58) ($19,720)
Total stockholders' equity $428,780
($448,500-$19,720)
