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morpeh [17]
3 years ago
8

A jeweler can potentially use two inputs in her handcrafted jewelry: copper or bronze. She finds that when she minimizes her cos

ts (i.e. she is optimizing), she uses either copper or bronze, but never both. If these are her two inputs, what must her isoquants look like?

Business
1 answer:
True [87]3 years ago
6 0

Answer:

The isoquants will be straight parallel lines.

Explanation:

In the given secanrio copper or bronze may be used to produce jewellery. The utility derived from use of either one is the same. They are perfectly interchangeable. Therefore copper and bronze are perfect substitutes.

The isoquant curve shows all combinations of input that can be used to produce units of output.

For goods that have perfect substitution the isoquants are straight lines that are parallel to each other. The marginal rate of technical substitution is 1, and isoquant have slope angle of 45° with each axis.

Find attached an illustration of this. So copper is a perfect substitute for bronze.

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If interest rates increase due to inflation, but expected cash flows to a firm do not change, then you would expect stock prices
kati45 [8]

If interest rates increase due to inflation, but expected cash flows to a firm do not change, then you would expect stock prices to decline.

The current stock price is the present value of all future cash Inflows. So if the hobby fee will increase, then the discounting factor will grow, so the existing price of the destiny inflows will decrease, and the inventory charge will fall.

In economics, inflation is a popular increase in the expenses of products and services in an economic system. whilst the overall fee degree rises, each unit of foreign money buys fewer items and services; therefore, inflation corresponds to a reduction in the shopping power of money.

Higher interest costs imply better borrowing fees, human beings will sooner or later begin spending less. The call for goods and services will then drop, as a way to cause inflation to fall.

Learn more about inflation here brainly.com/question/8149429

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4 0
2 years ago
A company sells two models of a product—basic and premium. Fixed costs are $150,000. The basic model has a variable cost of $75
Ivenika [448]

Answer:

Break-even in composite units = 4364 units (rounded off)

Explanation:

The break-even point in composite units is used when there are two or more products. It is calculated by first calculating the individual Contribution of each unit and then calculating the weighted-average contribution per unit. Then the Total Fixed costs are divided by the weighted average contribution per unit.

Following are the calculations,

  • Contribution per unit (Basic) = 100 - 75 = 25/unit
  • Contribution per unit (Premium) = 150 - 100 = 50/unit
  • Weighted average contribution = (25 * 5/8) + (50 * 3/8) = 34.375/unit
  • Break-even in composite units = 150000 / 34.375 = <em>4363.636364 units</em> rounded off to <em>4364 units</em>.
5 0
4 years ago
In double-entry accounting, where should you record money that is leaving your company to pay bills? A. In the debits column B.
Andre45 [30]
B. In the credits column
6 0
4 years ago
Read 2 more answers
Marketing efforts that reward the frequent purchase and consumption of an offering are ________.
Kazeer [188]

Answer:

Loyalty Programs

Explanation:

Loyalty program - a set of marketing activities for the development of repeated sales to existing customers in the future, selling them additional goods and services, promoting corporate ideas and values, and other types of potentially profitable behavior. It is carried out mainly at the stage of maturity of the product life cycle.

A typical example of a company’s loyalty program is a discount card, with further purchases using a discount card, discounts can be provided, including on a funded system, and there may also be bonus and gift systems. In addition, upon receipt of such cards, as a rule, a questionnaire is filled out, which indicates the recipient’s contacts, which gives the organization the opportunity to notify the buyer of new and potentially interesting products and services.

For automated analysis of client behavior and management, CRM systems are used. With an in-depth analysis of data on purchases made by the client, it is possible to identify goods and services in which the client is potentially interested. For example, an online store, based on an analysis of customer purchases, may show an authorized user a list of recommendations - products that may interest him. In stores using RFID technology, it is planned to introduce similar services

7 0
3 years ago
The current pay period ends on Friday, January 2, yet the company's fiscal year-end is on Wednesday, December 31. If the company
Umnica [9.8K]

Answer:

b. Overstate operating income

Explanation:

According to my research on business financing terms, I can say that based on the information provided within the question the impact of this would be an overstated operating income. This refers to a balance that is documented as having more money than it actually has. This would be the case since the payroll payments have not yet been subtracted.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
4 years ago
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