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2 years ago

For the majority of companies, the most common increase in the cost of production results from rising ____.

2 answers:

7 0

For the majority of companies, the most common increase in the cost of production results from rising "wages".

A rise in the wage rate increases the expenses of firms delivering the ware, constraining them to raise their moving costs. As the cost of the item rises purchasers will purchase less of it and less yield will be created and sold. This implies less work will be utilized. Second, since an ascent in wages makes work progressively costly with respect to capital, firms will substitute capital for work. This implies less work will be utilized to deliver whatever yield the organizations in the business move.

Temka [501]2 years ago

6 0

The answer that you are looking for is D.

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In which instance will total revenues decline? Multiple Choice price increases and Ed equals -.41 price increases and demand is

liraira [26]

Answer:

price increases and Ed equals -2.47

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Demand is inelastic if a change in price has little or no effect on quantity demanded. The absolute value of the coefficient for inelastic demand is less than 1.

If price increases and demand is inelastic, total revenue would increase because there would-be little or no change in quantity demanded as a result of the price increase.

Demand is elastic if a small change in price has a greater effect on the quantity demanded.

The absolute value of the coefficient for elastic demand is greater than 1.

If demand is elastic and price is increased, revenue would fall because of the decease in quantity demanded.

If demand is elastic and price is deceased, revenue would rise because of the increase in Quanitity demanded as a result of the fall in price.

Demand is unit elastic if a change in price has the same proportional effect on quantity demanded. The absolute value of the coefficient for unit elastic demand is one.

I hope my answer helps you

8 0

2 years ago

If you fire Julio from his job after making one mistake but did not fire John for making the same mistake several times, you hav

ahrayia [7]

In this scenario, we have committed an error related to Procedural justice

Procedural justice refers to way of ensuring fair justice by making decisions according to fair processes to ensure fair treatment.

According to this justice rule, the same rule must be applied to similar scenario and must be impartial as well in order to ensure fair justice.

In conclusion, we have committed an error relating to procedural justice because the rule that was applied to Julio was not applied to John, therefore, there was a bias in justice.

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brainly.com/question/10925598

5 0

2 years ago

Which of the following is NOT considered to be one of the three primary functions that all organizations perform? A. research a

ra1l [238]

Answer: The correct answer is "A. research and development".

Research and development are NOT considered as one of the three primary functions that all organizations perform.

Explanation: The basic operating cycle of a company is buy-sell-collect-pay. In some cases, companies can produce the good they sell or directly re-sell it. This implies production, operation and marketing activities to increase sales and for an adequate control of these you need accounting.

Only in particular cases do companies engage in research and development, but it is not something basic.

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2 years ago

Assume a firm's resources and capabilities are costly to imitate. This is because rival companies do not clearly understand the

Nana76 [90]

Answer:

True

Explanation:

A core competency refers to those unique capabilities built by an organization which are hard to imitate by rivals and which give such an organization a competitive advantage over the rivals.

A casual ambiguity refers to the state of non clarity with respect to how consequences relate to the initial state of a phenomenon.

In the case of firm, the phenomenon being the built up to core competency which the rivals are unable to decipher with respect to the relationship between the firm's resources and capabilities.

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2 years ago

Leaders have the duty and responsibility to plan in advance for all foreseeable situations and circumstances for all activities.

iren [92.7K]

Answer:

True

Explanation:

It is responsibility and duty of leaders to know about all circumstances and situations , Leaders needs to plan before any bad things happen to Company. If he did not do such thing , may be failure outcome happen.

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2 years ago