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Mariana [72]
3 years ago
12

You are the manager of a small U.S. firm that sells nails in a competitive U.S. market (the nails you sell are a standardized co

mmodity; stores view your nails as identical to those available from hundreds of other firms). You are concerned about two events you recently learned about through trade publications: (1) the overall market supply of nails will decrease by 2 percent, due to exit by foreign competitors; and (2) due to a growing U.S. economy, the overall market demand for nails will increase by 2 percent.Based on this information, should you plan to increase or decrease your production of nails
Business
1 answer:
Viktor [21]3 years ago
7 0

Answer:

On the basis of given information, I'll increase my production of nails.

Explanation:

The reason for increase in production of nails are as follow:

  1. The fact that overall market supply of nails will decrease by 2 % due to exit by the foreign competitors that means my competition will decrease and it will increase the market share for me.
  2. The fact that the overall demand of nails will increase by 2 % means that now I can increase my production in order to meet the supply and demand gap.

These two facts show that it is good opportunity to increase the production as the demand has increased and competition has decreased.

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VladimirAG [237]

Answer:

The marginal benefit from selling the vane without restoring it is $200.

Explanation:

Marginal benefits are the extra income a company can get from selling one additional unit of production.

Zane had already spent $250 in purchasing the vane and the restoration process.

Zane has two options:

  1. Sell the vane as it is for $200.
  2. Keep restoring the vane, spend $200 more and sell the vane for $500.

If Zane decides to sell the vane as it is, his marginal benefit will be $200. That would not be enough to cover his costs, this transaction will result in a $50 loss.

If Zane decides to continue the restoration, then his marginal costs will be $200 extra, but his marginal benefit would be $500. If he chose this option he could end up earning a $50 profit.

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3 years ago
Please help!! URGENT! Question & answers in photo
FinnZ [79.3K]

Answer:

its black? or is it just mine

Explanation:

8 0
3 years ago
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Which of the following is not a disadvantage to cash advances on a credit card? a. Cash advances are similar to loans in that th
Dominik [7]
<span>The statement that is not a disadvantage to cash advances on a credit card is that (A) </span>Cash advances are similar to loans in that they need to be paid back with interest. When you ask for a cash advance, it <span>is a service provided by most </span>credit card<span> and charge </span>card<span> issuers. This will become a credit limit.</span>
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3 years ago
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A corporation's legal capital:
Fantom [35]

Answer: d. Is established to protect the corporation's creditors.

Explanation:

A corporation's legal capital is the part of a company's equity that absolutely cannot be allowed to leave the company. It is illegal to distribute them as dividends or any other means.

The purpose of this is to ensure that the creditor's rights to assets in the company are protected in the event that some mishap should befall the company.

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3 years ago
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[Related to the Economics in Practice on p. 102] In. 2014, the Spanish government passed a law to change a regulation,known as t
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Answer:

It will increase emigration in the short run, but in the long turn the tax effect will be translated to the club and companies as the players has leverage.

Explanation:

It is a complex question, we have to consider that elite players agents has leverage on the negotiation as the football club wants to keep them in the team. What end up happening is that players negociate a net ammount thus, they are indifferent to the tax-rate for their contract.

We should also consider there is income from advertizing and social media which has increased over the years. Here, the players will also negociate a net amount and company's will take the hit not the players.

I:E the player will want 10 millon net thus, the parties will sing a contract value that after all taxes leaves them with that amount.

<u>Also this make the effort to elude taxes more viable</u> as it happened with Messi and Cristiano Rolando among others.

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