1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svetlanka [38]
3 years ago
12

If a product becomes more popular and consumers want more​ produced, which of the following best describes what happens to move

more factors of production into that​ industry?A) Factor owners voluntarily move their factors because they want to satisfy the interests of consumers. B) Wages, rent, interest, and profit increase in that industry, thereby giving factors the incentive to move to that industry. C) Consumers increase their demand for the products and, as a result, the taxes the producers must pay decrease enabling the producers to hire more factors of production. D) The chief executive officers or presidents of corporations require that factors leave one industry and move to the other industry. E) An agency of the Federal government directs the movement of factors.
Business
1 answer:
Vsevolod [243]3 years ago
4 0

Answer:

..

Explanation:

You might be interested in
Once production is completed in all processing departments, production costs are transferred to ______.
Fed [463]
The answers is finished goods
5 0
2 years ago
Equilibrium price is $8 in a perfectly competitive market. For a perfectly competitive firm, MR = MC at 150 units of output. At
Ghella [55]

Answer:

Shut down

$1650

$1500

Explanation:

A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

in the shut run, a perfect competition should shut down if average variable cost is greater than price. this is the case for this firm $10 is greater than $8.

total fixed cost = average fixed cost x quantity produced = $11 x 150 = $1650

Total variable cost = average variable cost x quantity produced = $10 x 150 = $1500

4 0
3 years ago
Describe a "rite of initiation" that you experienced at a place of work. This could be described via a situation in which you be
SCORPION-xisa [38]

Answer: Rites of initiation is a good thing at the workplace. The answer is explained further below.

Explanation:

Initiation is the rite of passage marking the entrance or acceptance into an organization, a group or a society. The rite of initiation I experienced at a place of work was when I worked as an intern for a firm and I was told that the rite of initiation was for me to sing my favourite song. I actually sang my favorite song and it was fun and I was welcomed into the organization and introduced myself.

I believe rites of initiation are important at the workplace. It helps to increase engagement, boost employee moral, and also foster a supportive culture. It also enable the organization reach its goals as the workers are united and work as a team.

3 0
3 years ago
A factory currently manufactures and sells 800 boats per year. Each boat costs $5,000 to produce. $4,000 of the per-boat costs a
Trava [24]

Answer:

Total unitary cost= $4,800

Explanation:

Giving the following information:

Actual units= 800

Total fixed costs= 1,000*800= 800,000

UNitary variable cost= $4,000

Units increase= 200

<u>On unitary bases, variable costs remain constant. On the contrary, fixed costs vary at a unitary level. Now, the same amount of costs is divided by a larger number of units.</u>

<u></u>

Unitary fixed overhead= 800,000/1,000= $800

Total unitary cost= 4,000  + 800= $4,800

6 0
3 years ago
On March 31, 2021, Canseco Plumbing Fixtures purchased equipment for $56,000. Residual value at the end of an estimated four-yea
77julia77 [94]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Purchasing price= $56,000

Residual value= $2,000

Estimated useful life= 4 years

A. To calculate the depreciation expense under the straight-line method, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (56,000 - 2,000)/4

Annual depreciation= 13,500

2021= (13,500/12)*= $10,125

2022= 13,500

B. To calculate the depreciation expense under the double-declining balance method, we need to use the following formula:

Annual depreciation= 2*[(book value)/estimated life (years)]

2021= [(2*13,500)/12]*9= $20,250

2022= [(54,000 - 20,250)/4]*2= $16,875

C. To calculate the depreciation expense under the units of production method, we need to use the following formula:

Annual depreciation= [(original cost - salvage value)/useful life of production in hours]*hours operated

The company expects the equipment to operate for 15,000 hours. The equipment operated for 3,500 and 4,300 hours in 2021 and 2022, respectively.

2021= (54,000/15,000)*3,500= $12,600

2022= 3.6*4,300= $15,480

3 0
3 years ago
Other questions:
  • Fishing designs has arranged to borrow $13,000 today at 10% interest. the loan is to be repaid with end-of-year payments of $3,0
    9·1 answer
  • When the number of responses is important to a schedule of reinforcement, that schedule is called a ________ schedule?
    14·1 answer
  • Hilary was put on a new team by her manager. Ever since she shifted teams, Hilary has felt energized and motivated toward higher
    6·1 answer
  • Crawford Fishing had a net income of $35,640 in 2022. They decided to pay $3,000 in dividends and keep the rest to help expand t
    8·1 answer
  • Larson Manufacturing is considering purchasing a new injectionmolding machine for $250,000 to expand its production capacity. It
    11·1 answer
  • How does savingd intrest work?​
    8·1 answer
  • Christian is 33 years old, has been renting for the past five years, and is now thinking about purchasing a home by applying for
    13·1 answer
  • The social security deduction is 6.2 percent of a person's salary up to a limit of 102k the medicare deduction ais up to 1.45 pe
    14·1 answer
  • How do businesses use the competency "Engaging Communication" to solve problems?
    14·1 answer
  • Which of the following are ways in which most neo-Freudian theorists differ from Freud, according to the text
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!