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dexar [7]
3 years ago
12

The value of generating positive first impressions in your initial interactions with a new employer is best underscored by the r

esearch on
Business
1 answer:
jarptica [38.1K]3 years ago
5 0

<span>The importance of making positive first impressions in your first few interactions with a new boss is best portrayed by the research on the belief perseverance phenomenon, where it was found that when they have formed an opinion or belief about something or someone, </span><span>people tend to cling to their even in the face of credible contrary evidence.</span>

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In the long run, a monopolistically competitive firm will earn: (A) normal profits because economic profits will attract new fir
enot [183]

Answer: Option (A) is correct.

Explanation:

Correct Option: Normal profits because economic profits will attract new firms and there are no entry restrictions.

In a monopolistically competitive market, firms will earn an economic profit in the short run, so new firms attracted with these profits and decided to enter into the market in the long run.

There is no barriers on entry and exit of the firms in the monopolistically competitive market. When new firms enters into the market, as a result supply of differentiated products increases.

This causes the firm's market demand curve to shift leftwards. It will continue shifting to the left in the firm market demand curve till the point where it is nearly tangent to the average total cost curve.

At this point, firms earns zero normal profit and can earn normal profits in the long run same as a perfectly competitive firm.

3 0
3 years ago
Dogwood company earned revenues of $19,000 and incurred expenses of $7,000. the owner made withdrawals of $3,500. what is the ba
s2008m [1.1K]

Calculation of balance in the income summary account prior to closing net income or loss to the owner’s capital account:


It is given that Dogwood Company earned revenues of $19,000 and incurred expenses of $7,000. The owner made withdrawals of $3,500.

Hence the balance in the income summary account prior to closing net income or loss to the owner’s capital account shall be as follows:

= Revenues – Expenses

= 19000-7000

= $12,000

Hence the balance in the income summary account prior to closing net income or loss to the owner’s capital account shall be $12,000




6 0
3 years ago
2. [4 marks] Question 15.40. It is said that the New York City mobster Casper Holstein
jonny [76]

Answer:

Explanation:

mark me brainliest!

6 0
3 years ago
g Duve Corporation has provided the following contribution format income statement. Assume that the following information is wit
drek231 [11]

Answer:

Net operating income= 10,400

Explanation:

Giving the following information:

Sales (2,000 units) $40,000

Variable expenses 24,000

Contribution margin 16,000

Fixed expenses 11,200

Net operating income $4,800

If the selling price increases by $4 per unit and the sales volume decreased by 200 units:

First, we need to determine the unitary selling price and unitary variable cost:

Selling price= 40,000/2,000= $20 + $4= $24

UNitary variable cost= 24,000/2,000= $12

Now, we can calculate the new net operating income:

Sales= 1,800*24= 43,200

Variable cost= 1,800*12= (21,600)

Contribution margin= 21,600

Fixed costs= (11,200)

Net operating income= 10,400

6 0
3 years ago
New Hampshire adopted a tax law that in effect taxed the income of nonresidents working in New Hampshire only. Austin, a nonresi
Kryger [21]

Answer:

He was correct. It violates equal protection, as this only applies to non-residents.

Explanation:

From the question we are informed about New Hampshire which adopted a tax law that in effect taxed the income of nonresidents working in New Hampshire only. Austin, a nonresident who worked in New Hampshire, claimed that the tax law was invalid. In this case, He was correct since It violates equal protection, as this only applies to non-residents. Income Tax Act can be regarded as an act that governs tax charged which applies to income of individuals, body of individuals as well as famies. The Section 1 of this Act state that tax is an obligation that needed to be fulfilled to State Inland Revenue Service in as much the the individual resides there.

4 0
3 years ago
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