Answer:
(D) marginal cost, the average variable cost, and the average total cost will shift up.
Explanation:
Given the nature of business of AI's Donuts, flour prices is part of the variable cost of the business as it will change will any change in the output of the firm.
An increase in flour prices, a variable cost, will have the following effect on the following costs.
- Average variable cost will increase since flour is a variable cost.
- Average total cost will increase since average total cost = average variable cost + average fixed cost.
- Marginal cost will increase since marginal cost = (change in total cost)/(change in quantity). Marginal cost will thus increase since total cost will increase.
- Average fixed cost will however remain unchanged since only variable cost will increase.
Therefore, option (D) is correct as marginal cost, the average variable cost, and the average total cost will shift up.
Answer:
- Employees prefer to work for highly ethical organizations.
- Research has shown a correlation between organizations’ commitment to ethics and profitability.
- Most consumers would prefer to buy products made by a company that demonstrates ethical behavior.
Explanation:
I'm not sure that these statements are all true, but I really hope they are. As an employee I would definitely prefer to work for a highly ethical business, and I think most people would share my preference. There is a strong correlation between ethics and how the business is managed, and if an ethical business is well managed (e.g. employees are treated fairly), then both their employees and customers should notice and that should increase their efficiency and total sales. An increase in efficiency should usually result in lower costs + higher sales = higher profits.
Answer:
78% of 2.
Explanation:
Get a calculator. Press ON, then press 78 WITH PERCENT IF APPLICABLE. Times 2. Enter, thats your answer is what you get.
Answer:
A market economy is an economic system in which the decisions regarding investment, production and distribution are guided by the price signals created by the forces of supply and demand.
Disadvantages:
A tendency for an inequitable distribution of wealth, poorer work conditions, and environmental degradation.Since profit maximization is the biggest motivation for firms, they may try to reduce their costs unethically. Unemployment and Inequality.
The page entry at the top right side of the journal should be <span>J1.
Hope this helps!!</span>
