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3 years ago

Identify which statement is a characteristic of long-run for a firm.

Business

2 answers:

Pani-rosa [81]3 years ago

7 0

Answer:

D. Time period when constraints are most likely to be variable

Explanation:

The long run is a period of time in which all factors of production and costs are variable. In the long run, firms are able to adjust all costs, whereas in the short run firms are only able to influence prices through adjustments made to production levels.

MariettaO [177]3 years ago

5 0

Answer:

D. Time period when constraints are most likely to be variable

Explanation:

The long run period of a firm is when the factors of production such as land, labor , capital etc varies. In this period, a firm is flexible in its production decision due to the variability in the factors of production.

In the long run, a firm has time to build a bigger factory hence respond to changes in demand. Also, the price level(general), expectation, and contractual wages , all adjust to the prevailing economic condition in the long run period.

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What are two kinds of open-ended credit?

STALIN [3.7K]

Answer:

good credit bad ccredit

Explanation:

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4 years ago

Global Company sold merchandise to Montana Industries for cash, $3,450. The cost of merchandise sold was $1,850. Global Company

kherson [118]

Answer:

C. credit to Customer Refunds Payable, $900

Explanation:

Global Company sold merchandise to Montana Industries for cash, $3,450. The cost of merchandise sold was $1,850.

Global Company refunded Montana Industries $900 for returned merchandise. The cost of merchandise sold was $600.

The entry that will be recorded by Global Company in the journal entry for the refund from the sale a credit to Customer Refunds Payable, $900

This amount of $900 will eventually be netted off against the accounts receivable amount for the total sales of $3,450, reducing the amount payable by the customer to $2550

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3 years ago

__________ makes it possible for Ford to invest $60 million in a Mexico City manufacturing plant to produce smaller cars and lig

Dmitriy789 [7]

Answer:

The North American Free Trade Agreements

Explanation:

The reason is that the free trade agreements eliminates the price escalation which is imposed by the other countries on importing these goods. So as a result the market becomes less attractive to the company because its product are not able to compete in that environment. The FTA helps organizations to use the resources of other countries with which the country has free trade agreements to lower its costs to compete competitors. The vital resource in Mexico is cheap labor cost and America has one of the best technologies in the world.

7 0

4 years ago

Martin's coin collection contains hundred 1960 silver dollars. Her grandparents purchased them at their face value ($50 each) in

Readme [11.4K]

Answer:

FV= $33,094.2

Explanation:

Giving the following information:

Present value (PV)= 50*100= $5,000

Number of periods (n)= 2020 - 1960= 60 years

Apreciation rate (g)= 3.2% = 0.032

To calculate the value of the collection in 2020, we need to use the following formula:

Future value= PV*(1 + g)^n

FV= 5,000*(1.032^60)

FV= $33,094.2

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3 years ago

0.5 points eBookPrintReferences Check my work Check My Work button is now enabledItem 3Item 3 0.5 points Agee Storage issued 37

trapecia [35]

Answer:

Decline in Agee's total paid up capital is $14,000,000

Explanation:

Computation of decline in Paid-Up capital

Particulars Amount

Cash paid for first repurchase $10,000,000

(1 million shares*$10)

Value of first purchase $12,000,000

(1 million * $12

Benefit on first repurchase $2,000,000

Cash paid for second repurchase = $16,000,000

(1 million shares * $16)

Value of second repurchase $12,000,000

(1 million * $12)

Reduction in Total paid-in-capital $14,000,000 ($2 million + $12 million)

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4 years ago