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
DanielleElmas [232]
4 years ago
8

A jeweler can potentially use two inputs in her handcrafted jewelry: copper or bronze. She finds that when she minimizes her cos

ts, she either uses copper or bronze but not both. This means that copper and bronze are perfect substitutes and that her isoquant curve is right-angled.
Business
1 answer:
stiks02 [169]4 years ago
7 0

Answer: straight lines that are parallel to each other

Explanation: Q: A jeweler can potentially use two inputs in her handcrafted jewelry: copper or bronze. She finds that when she minimizes her costs, she either uses copper or bronze but not both. What must her isoquants look like?

An isoquant curve is defined as a line of equal or constant economic production on a graph, chart or map which describes all the combinations of inputs that produce the same level of output. If the jeweler either uses copper or bronze but not both, it means that the copper and bronze are perfect substitutes, that is,  they are two inputs that can be substituted for each other at a constant rate and at the same time maintaining the same output level. Her isoquants would appear as straight lines that are parallel to each other because all that matters is the sum of the two variables (copper and bronze), and not their individual values.

You might be interested in
QuestionA baseball team is deciding where to celebrate their tournament victory. They decide between two restaurants by voting,
Damm [24]

Answer:

majority rule

Explanation:

4 0
3 years ago
A highly ethical organization must have all the following elements except Multiple Choice corporate credos. role models. payment
givi [52]

Answer:

The correct answer is letter "C": payment plans.

Explanation:

<em>Highly ethical organizations</em> are those with a well-established <em>Code of Ethics </em>that comprises its <em>corporate credos and values.</em> Within a company, the idea of having "<em>heroes</em>" also helps to spread good practices since they are taken as <em>role models </em>so other employees tend to follow their example. Managers must be aware of the ethical behavior of employees to correct or eliminate any existing threat.

Thus, <em>having different payment plans are not considered in the setting of a corporation's Code of Ethics. </em>

7 0
3 years ago
What were the most important factors that led to the midwest becoming known as the rust belt?
ICE Princess25 [194]
The Rust Belt became an industrial hub due to its proximity to the Great Lakes, canals, and rivers, which allowed companies to access raw materials and ship out finished products. These were the most important factors.
5 0
2 years ago
Which of the following statements is CORRECT?a. An investment that has a nominal rate of 6% with semiannual payments will have a
andreyandreev [35.5K]

Answer:

c. If a loan has a nominal annual rate of 7%, then the effective rate will never be less than 7%

<em>CORRECT</em>

as at least is recive 7% of the investment. If payment are made in shorter period (semiannually, quarterly, etc)

Then the effective rate will be higher, not lower.

Explanation:

a. An investment that has a nominal rate of 6% with semiannual payments will have an effective rate that is smaller than 6%

FALSE the effective rate will be higher as there is compounding effect.

b. The present value of a 3-year, $150 ordinary annuity will exceed the present value of a 3-year, $150 annuity due

FALSE the annuity-due is discounted for one period less, as the payment are made at the beginning of the period therefore; his V is greater.

d. If a loan or investment has annual payments, then the effective, periodic, and nominal rates of interest will all be different

FALSE if it mades annual payments they will be equal

e. The proportion of the payment that goes toward interest on a fully amortized loan increases over time.

FALSE the interest will decrease over time as there is a portion of principal which is being paid each installment

3 0
3 years ago
Let's say there's a company that can fully tax deduct the interest on its loans. If this company borrows more, then the discount
umka21 [38]

Answer:

High

Low

Explanation:

When a company borrows funds it has opportunity to avail tax shield on the interest amount of the borrowing fund. If the company borrows more fund then the discounted value of tax shield will increase while the financial distress cost will decrease.

5 0
3 years ago
Other questions:
  • Copycat brands imitate the manufacturer's brand in appearance and packing, generally are perceived as lower quality, and are off
    13·2 answers
  • Estimating Cost of Capital Measures Sprint Nextel Corporation (S) has $24.3 billion in total debt (which approximates its market
    7·2 answers
  • What distinguishes money from other assets in the economy?
    8·1 answer
  • Greg, a self-employed plumber, commutes from his home to his office which is 10 miles away. At his office, he loads his truck fo
    6·1 answer
  • You have an insurance policy with a $300 premium and a $500 deductible. How much should you expect to pay the insurance company
    14·1 answer
  • Based on the recognition that states differ in their resource endowments of land, labor, and capital, a theory developed arguing
    9·1 answer
  • Mary purchased a 10-year par value bond with semiannual coupons at a nominal annual rate of 4% convertible semiannually at a pri
    5·1 answer
  • If a company mistakenly counts more items during a physical inventory than actually exist, how will the error affect its bottom
    9·1 answer
  • On Time Computer Repair uses accrual basis accounting. A computer was repaired on July 15. The customer picked up the computer A
    15·1 answer
  • The banking system receives a new cash deposit of $250,000. Total deposits eventually rise by $1 million. The value of the reser
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!