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2 years ago

The expansionary phase of the business cycle is characterized by

Business

1 answer:

Leokris [45]2 years ago

4 0

Answer:

increasing real output and reducing unemployment

Explanation:

The expansionary phase of the cycle is business characterized by the increasing real output and reducing unemployment.

Business cycle refers to that cycle in which there is increase and decrease or fall and rise of output of goods and services.

Business cycle has main four stages expansion ,peak , contraction and trough.

The main cause of business cycle is the forces of supply and demand , expectation of future and it availability of the capability may also cause the business cycle.

Economic cycle is another name of Business cycle . Business cycle plays a crucial rule in the economy as it influence the demand of the consumer.

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When a firm is operating in a perfectly competitive labor market the wage the firm increases with the number of workers hired. t

djverab [1.8K]

Answer: When a firm is operating in a perfectly competitive labor market: "the firm can buy as much or as little labor as it wants at a fixed, going wage rate."

Explanation:

1- "the wage the firm increases with the number of workers hired" - Is incorrect because The salary paid by the company is treated as a constant salary.

2- Correct.

3- "the firm’s marginal expense of labor (MEL) equals the cost of all workers hired." is incorrect because the firm’s marginal expense of labor (MEL) is equal to the salary (wage) rate.

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2 years ago

Problem 5-30 Graphing; Incremental Analysis; Operating Leverage [LO5-2, LO5-4, LO5-5, LO5-6, LO5-8][The following information ap

WARRIOR [948]

Answer:

Break Even Point

In Units = 2,000 units

In value = $80,000

Explanation:

Break even Point = $\frac{Fixed\ Cost}{Contribution}$

When we use contribution per unit, we get the break even point in units sales.

When we use the contribution margin as a percentage of sales we get break even sales in value.

Contribution per unit = $20

Contribution margin in percentage = $20/$40 = 50%

Therefore, Break even Point in units = $\frac{40,000}{20} = 2,000$

Break even units = 2,000

Break Even Point in value = $\frac{40,000}{0.50} = 80,000$

Sales to be made in value at break even = $80,000

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3 years ago

During 2011, Clark Company manufactured equipment for its own use at a total cost of $2,400,000. The project required the entire

Zanzabum

Idk idk idk idk idk idk im sorry btw its just for the starting thing

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3 years ago

Is the QA in lalalalalalal

marishachu [46]

Yes it is lalalalalala

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2 years ago

Read 2 more answers

The Sisyphean Company is considering a new project that will have an annual depreciation expense of $ 4 million. If Sisyphean's

vazorg [7]

Answer: $1.4 million

Explanation: As, in the given case we need to compute the depreciation tax shield, we will use marginal corporate tax rate instead of average corporate tax rate as it will result in additional savings to the company in the form of taxes it paid.

Thus, shield amount can be computed as follows :-

($4,000,000) * (35%) = $1,400,000

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2 years ago