Answer: variable; fixed
Explanation: In the short run, Kyoko's workers are variable inputs. This is because, the number of workers needed can be varied based on production needs, even in the short run. Examples are energy, labor etc.
Kyoko's ovens are fixed inputs. Fixed inputs are those inputs whose quantities cannot be changed in the short run by a firm as it seeks to change the quantity of output produced. Examples are equipment, land and building.
Answer:
Markets use prices as signals to allocate resources to their highest valued uses. ... Businesses also have dual roles—they supply goods and services and demand resources. The interaction of demand and supply in product and resource markets generates prices that serve to allocate items to their highest valued alternatives.
Explanation:
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Answer:
b. $ 952,500
Explanation:
The computation of the amount of the net income for earning to meet out the requirement is shown below:
Dividend = Net income - Target Equity ratio × Total capital budget
$400,000 = Net income - 0.65 × $850,000
$400,000 = Net income - $552,500
So, the net income is
= $400,000 + $552,500
= $952,500
Hence the Net income is $952,500
Therefore the correct option is b. $952,500
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
