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3 years ago

According the kinked demand curve model:

Business

1 answer:

prohojiy [21]3 years ago

3 0

Answer:

C. a change in marginal cost causes the profit-maximizing level of output to change by the same amount and in the same direction

Explanation:

Kinked demand curve consider that the business may face a double demand curve based on the likely response of other firms to change in the price of product.

it assumes that the change in variable cost may not cause to rise or fall in the profit maximising price in the market.

Due to change in cost the equilibrium price and output of product remains constant

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The participation of women in the U.S. labor force has risen dramatically since 1970. True or False: This rise likely increased

Nimfa-mama [501]

Answer:

Part 1: The correct option is False.

Part 2: The correct option is False.

Explanation:

For the first Question

The correct answer is False as GDP has increased due to women participation in workforce.

For the second Question

The correct answer is False as the change in measure of well being is less than the change in GDP.

5 0

3 years ago

In Sheridan Company, the Cutting Department had beginning work in process of 9000 units, transferred out 24600 units, and had an

Tom [10]

Answer:

The 21,100 units were started through company during the month

Explanation:

The number of units were started through company during the month is computed as:

Number of units were started = Transferred out units - Ending work in progress units

where

Transferred out units is 24,600

Ending work in progress units is 3,500

Putting the values above:

Number of units were started = 24,600 - 3,500

= 21,100

Therefore, 21,1600 units were started through company during the month.

Note: The beginning work in progress will be considered as number of units in started is computing.

4 0

3 years ago

In an effort to increase customer loyalty, management at Phat International has worked to create a personaldialogue with their c

IRISSAK [1]

Answer: Relationship Marketing

Explanation:

Relationship marketing is a form of marketing where a business tries to create a lasting bond with their customers, done by constant communication with their customers to get feedback of their products/ services.

Phat International is making use of dialogue with their customers to create more loyal customers which is a form of relationship marketing.

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3 years ago

W.C. Cycling had $55,000 in cash at year-end 2013 and $25,000 in cash at year-end 2014. The firm invested in property, plant, an

Vera_Pavlovna [14]

Answer:

This question requires us to calculate cash flows from operations and net income. Each of them is calculated as follow.

Cash flows from operations

Cash flow from operation comprises of cash generated or spend on core business related purchase and sale. It will be calculated as follow.

Cash from operations = 25,000 - 100,000 =($ 75,000).

Net income

Net income will be calculated using simple cashflow equation given below.

Closing cash balance = opening cashflow + net income + depreciation + cash flow from operations + cash flow investment + cash flow finance

25,000 = 55,000 + net income + 10,000 - 75,000 - 250,000 + 170,000

Net income = 115,000

7 0

3 years ago

The Berne Conventions provides for international protection of copyrights. True False

kolezko [41]

False thank me later guys :)

8 0

2 years ago