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Andrej [43]
3 years ago
14

The competitive firm's supply curve is equal to A. the portion of its marginal cost curve that lies on and above AFC. B. its mar

ginal cost curve. C. the portion of its marginal cost curve that lies on and above AC. D. the portion of its marginal cost curve that lies on and above AVC.
Business
1 answer:
grandymaker [24]3 years ago
6 0

Answer:

a. the portion of its marginal cost curve that lies above the AVC

Explanation:

In short run, a perfectly competitive produces as long as its price is above its AVC, so revenues can cover total variable cost. If price is below AVC, the firm has to shut down. Since such a firm maximizes profit by equating Price with MC, this condition means that firm's supply curve is its MC curve lying above the (minimum point of) AVC curve.

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Susan Daniels works for an event management company and is discontent with her job because she was passed over for a promotion.
Verdich [7]

Answer:

The correct answer is Voice.

Explanation:

Taking into account the framework of exit, voice, loyalty and negligence, voice means directly raising comments on a particular situation that influences within the work team, so that superiors are aware of situations and can ask themselves solutions for the benefit of all.

4 0
3 years ago
The ________ statement of a business report provides a clear description of the situation that created the need for the report.
Blababa [14]

Answer:

Problem statement

Explanation:

Problem statement - it is referred to as the statement that given the clear and crystal information about the current situations. it is considered a good source of analyzing the real situations about the ongoing project.

This statement describes the current situations between the current and desired aim of the projects. it expressed the problem in two or three statements.

3 0
3 years ago
The basis for Durkheim's theory of society is the principle that Select one: a. people are the products of their social environm
Molodets [167]

Answer:

a. People are the products of their social environment.

Explanation:

The basis for Durkheim's theory of society is the principle that people are  the products of their social environments. around them. Emile Durkheim is a well known sociologist  and developed lots of social structure theories, which includes the Division of labor, Anomie and Functionalism. The theories of Emile Durkheim's  were founded on the concept of social facts, defined as the norms, values, and structures of society.

4 0
3 years ago
The year-end 2018 balance sheet of Brandex Inc. listed common stock and other paid-in capital at $1,400,000 and retained earning
DaniilM [7]

Answer:

The firm paid $630000 dividends in 2019

Explanation:

Retained earnings is the amount of net income that is not distributed to stockholders and is ploughed back into the business. It is a capital reserve account and appears in the equity section of the Balance Sheet. To determine the amount of Dividends, we will trace the change in Retained earnings and deduct the increase in retained earnings amount from the Net Income to arrive at dividends for the year.

Increase in Retained earnings = 4000000 - 3700000  =  $300000

Thus, out of the Net Income of $930000 earned in 2019, $300000 was transferred to retained earnings. The remaining was paid as dividends.

The dividends in 2019 are = 930000 - 300000 = $630000

8 0
3 years ago
People are going to be different. The focus of managers should be to ________. Group of answer choices make sure the practices w
Solnce55 [7]

Answer:

find ways to develop strong relationships with and engage the entire workforce.

Explanation:

People are going to be different. The focus of managers should be to find ways to develop strong relationships with and engage the entire workforce.

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

5 0
3 years ago
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