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mafiozo [28]
3 years ago
12

Indicate whether the following statement(s) applies to microeconomics or macroeconomics:

Business
1 answer:
victus00 [196]3 years ago
3 0

Answer:

a. The unemployment rate in the United States was 9.7 percent in March 2010 -  Macroeconomics

b. A U.S. software firm discharged 15 workers last month and transferred the work to India - Microeconomics

c. An unexpected freeze in central Florida reduced the citrus crop and caused the price of oranges to rise - Microeconomics

d. U.S. output, adjusted for inflation, decreased by 2.4 percent in 2009 - Macroeconomics

e. Last week, Wells Fargo Bank lowered its interest rate on business loans by one-half of 1 percentage point - Microeconomics

f. The consumer price index rose by 2.7 percent from December 2008 to December 2009 - Macroeconomics

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A 15% increase in sales resulted in a 40% increase in net income for Company A and a 60% increase in net income for Company B. B
Ivahew [28]

company B has the greater operating leverage

What is operating leverage?

A cost-accounting method called operating leverage assesses how much a company or project can raise operating income by raising revenue. A company with significant operating leverage creates sales with a high gross margin and low variable costs.

The break-even point of a business is determined using operating leverage, which also aids in determining the right selling prices to cover all expenditures and make a profit.

Regardless of whether they sell any units of product, businesses with significant operational leverage must cover a bigger amount of fixed costs each month.

Low-operating-leverage businesses may have high variable costs that are directly related to sales, but they also have fewer monthly fixed expenses.

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3 0
1 year ago
The straight-line depreciation method and the double-declining-balance depreciation method: A. Produce the same depreciation exp
Artemon [7]

The relationship between the straight-line and double-declining-balance method is that they D. Produce the same total depreciation over an asset's useful life.

<h3>How are the straight-line and double-declining-balance methods related?</h3>

While they do not produce the same depreciation every year, they will eventually depreciate an asset in the same way overtime.

What this means is that both methods will depreciate an asset by the same amount at the end of the asset's life. However, the depreciation amounts will vary by method on an annual basis.

In conclusion, option D is correct.

Find out more on depreciation methods at brainly.com/question/26948130.

6 0
2 years ago
The Pearsons decided to beautify their home by investing in a professional interior design. In the process, they dealt with empl
Romashka [77]

There are a lot of ways to beautify the home. The people required to provide the landscaping services are considered  is <u>Inputs</u>.

<h3>What is a landscaping person? </h3>
  • A landscaper is known to be a person who earns a living by working on the earth and water so that it can become more beautiful or more aesthetically pleasing.

They are often trained in landscaping as they work to improve the existing layout and as such they are known to be <u>input </u>as they are contributing something to the beauty of the landscape.

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8 0
2 years ago
Question. Draw a marginal revenue curve of a perfectly competitive firm and explain why the marginal revenue of a perfectly comp
svp [43]

If AR is constant, MR is equal to AR. Both are indicated by the same horizontal straight line(a situation of perfect competition)

<h3>What is the marginal revenue curve for a perfectly competitive firm?</h3>
  • Marginal revenue for a company with perfect competition is the same as average revenue and pricing.
  • This suggests that at values bigger than the average variable cost, the firm's short-run supply curve is its marginal cost curve.
  • The company closes if the price falls below the average variable cost.

Marginal revenue is the change in total revenue when one more unit of a commodity is sold.

MR= change in TR/change in quantity sold

Average revenue refers to revenue per unit of output.

AR=TR/Q

Relationship between AR and MR:

If AR is constant, MR is equal to AR.

Both are indicated by the same horizontal straight line(a situation of perfect competition)

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8 0
1 year ago
It is rumored that the Illinois Operations Manager, Sam, has requested the quarterly budget to include an available position for
vovangra [49]

Answer:

The correct answer is letter "B": Convene a meeting and ask Sam to substantiate the need for a new team leader. Review the ethics policy and company hiring guidelines. Express your concerns about the budget.

Explanation:

First of all, the company must <em>confirm if there is really a need for a team leader in the assembly area</em>. If so, the benefits of having such a professional must be pointed out. If approved, because of the rumors of Sam hiring a friend for the position,<em> the ethics policy and company hiring guidelines must be clarified</em> in order to let Sam know that the new leader must be selected after the evaluation of a number of applicants who can could suitable for the position. Last but not least, the details of the reasonable income this new leader will receive should be explained to find out <em>what would be</em> <em>the impact on the company's budget</em>.

7 0
3 years ago
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