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
svet-max [94.6K]
2 years ago
14

A perfectly competitive market is initially in long-run competitive equilibrium. Then, market demand falls. By the time all adju

stments have been made, price will be __________ its original level if the industry is a(n) __________ costs industry.
a. above; decreasing
b. at; constant
c. at; increasing
d. below; increasing
e. a and d
Business
1 answer:
Brut [27]2 years ago
3 0

Answer:

b. at; constant

Explanation:

The relationships in the long run between prices of any given industry and its products are positive correlated this means that if an industry price increases its cost must also increase and vice versa.

Given the options the only positive correlation is the option b.

You might be interested in
Nelson Industries makes widgets using a two-step process that involves machining first and assembly second. In the Machining Dep
alexira [117]

Answer:

12,600

Explanation:

Concept of Equivalent units of production measures the number of units in terms of percentage completion in input elements of the process.

<u>The equivalent units of production for materials</u>

Note : all materials are issued at the beginning of the process, therefore materials are 100% complete in both Widgets transferred out and Ending widgets.

Calculation :

transferred out (8,600 × 100%)     = 8,600

ending inventory  (4,000 × 100%) = 4,000

total                                                 = 12,600

Therefore,  the equivalent units of production for materials in the Machining Department is 12,600.

4 0
3 years ago
Which type of flowchart scheduling technique has a fixed duration of production activities? In which type of flowchart are they
Tems11 [23]

Answer:

i don't thing i understand the question.

Explanation:

3 0
2 years ago
The decision-making tool that leverages a map of alternatives with a quantifiable utility, or relative value, assigned to each i
olga2289 [7]

Answer:

Decision tree

Explanation:

The decision tree provides the alternatives and allocated the value and weight for each and every alternative in order to become easier to take the decision that depend on the amount and weight allocated to each alternative

It helps in decision making

So as per the given situation the decision tree is the answer

Hence, the second option is correct

4 0
2 years ago
Portillo's Fast Food restaurants are changing their hot dog vendor. The company has realized that in order to stay competitive,
Georgia [21]

Answer: supplier search

Explanation:

Portillo's Fast Food restaurants are in the supplier search stage in the business buying process. The supplier search refers to the stage of the business buying process whereby the buyer or the company seeks the best suppliers or vendors.

The company can compile a list of suppliers and make a research about them to know the one that's most appropriate to carry out the job at hand and will be most effective and efficient. This can be infered from the question as Portillo's is looking for a vendor that can provide a product according to its new specifications at a price that is less than what it was paying in the past.

8 0
2 years ago
A company's weekly payroll amounts to $50,000 and payday for the week is every friday. employees work five days per week, monday
salantis [7]

The total payroll amount is $50,000 per week.

Since there are only 5 work days per week (Monday to Friday), therefore the employees wage per day is:

Employees wage per day = $50,000 / 5 = $10,000

For the payday on April 4, the wages expense covered for this would be from April 1 to April 4 since the accounting period ended on March 31. Therefore wages expense in the journal entry would be calculated using 4 days.

Wages expense for April for the payday April 4 = Employees wage per day * Number of days

Wages expense for April for the payday April 4 = $10,000 * 4

<span>Wages expense for April for the payday April 4 = $40,000</span>

7 0
2 years ago
Other questions:
  • Creative product differentiation can enable a small business to increase market share.
    9·1 answer
  • What are skills are skills required to resolve a situation in which a disagreement could lead to hostile behavior, such as shout
    8·1 answer
  • Income is generated through the ______ of goods and services. In the United States, ________ of all income takes the form of wag
    5·1 answer
  • Production estimates for July are as follows:
    11·1 answer
  • Record the following transactions for Summer Consulting. Explanations are not required.
    13·1 answer
  • State 3 reasons why the Lean Canvas model is can be advantageous for entrepreneurs.
    15·1 answer
  • An entrepreneur needs to raise $20,000 for improvements to her factory. She plans to contribute 60 percent of this sum from her
    12·1 answer
  • The common stock of Dayton Repair sells for $43.19 a share. The stock is expected to pay $2.20 per share next year when the annu
    15·1 answer
  • If a monopolist's production process has economies of scale and average cost exceeds marginal cost, then _____.
    13·1 answer
  • Explain the basic assumption of economics with respect to rational self-interest. Describe two detailed real-life examples apply
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!