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Natali [406]
3 years ago
6

The basic characteristic of the short run is that: Group of answer choices barriers to entry prevent new firms from entering the

industry. the firm does not have sufficient time to change the size of its plant the firm does not have sufficient time to cut its rate of output to zero. a firm does not have sufficient time to change the amounts of any of the resources it employs.
Business
1 answer:
stealth61 [152]3 years ago
5 0

Answer: the firm does not have sufficient time to change the size of its plant the firm

Explanation:

In the short run a company is unable to change the size of its plant along with other fixed costs so the production capacity is limited. This is why in the short run, there is a limit to how much supply can increase in response to an increase in demand.

In the long run however, the company would have been able to increase its plant and its production capacity by extension as it would have had enough time to do so.

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Assumes that an item costs $100 in the U.S. and the exchange rate between the U.S. and Canada is: $1 = C$1.27. Which one of the
Natasha2012 [34]

Answer:

b. Purchasing power parity

Explanation:

The purchasing power parity theory is based on a world price for equivalent goods. This means that a good in the United States will cost the same as a good in Canada. Since the price of the good is $US 100 in the United States, then the same good should cost the equivalent of in Canadian dollars.

5 0
3 years ago
Shoe Barn Inc. is a privately owned firm with few investors. Investors forecast their earnings per share (EPS) to reach $2 this
Mariana [72]

Answer:

$24

Explanation:

Calculation to determine What will the estimated intrinsic value of the Shoe Barn Inc.'s stock

Using this formula

Estimated intrinsic value = Earnings * P/E Ratio for the industry

Where,

EPS = $2

Industry P/E = 12

Let plug in the formula

Estimated intrinsic value= $2 * 12

Estimated intrinsic value= $24

Therefore the estimated intrinsic value of the Shoe Barn Inc.'s stock is $24

4 0
3 years ago
The manager at​ Tom's Taxidermy expects to sell units at each unit. In order for the manager to​ breakeven, the manager must sel
andre [41]

The manager at​ Tom's Taxidermy expects to sell 900 units at​ $80 each unit. In order for the manager to​ breakeven, the manager must sell 100 units. What is the margin of safety in​ dollars?

Answer:

$64,000

Explanation:

Given that, the margin of safety is a term that describes the disparity between the actual sales volume and the breakeven volume.

In this case, Tom's Taxidermy expects to sell 9,00 units at $80 each and their breakeven volume is 100 units, the margin of sales, in dollars, is:

MS = ( 900 - 100) * $80

MS = 800 * $80

= $64,000

Therefore, the right answer as Margin of Safety in dollars = $64,000

6 0
4 years ago
A newly launched twenty-first century addition to production strategy which leverages lean manufacturing strategies, Six Sigma b
ziro4ka [17]

Answer:

a. just-in-time inventory.

Explanation:

A newly launched twenty-first century addition to production strategy which leverages lean manufacturing strategies, Six Sigma best practices, and real-time actionable intelligence from the factory floor is called Just in Time Inventory

By definition, Just in time (JIT) inventory is a production strategy which improves efficiency by reducing and almost eradicating wastes by receiving goods when they are needed at the production floor, thereby reducing inventory costs by erasing holding costs

4 0
3 years ago
The amount you pay for gasoline for your car is an example of a(n):public-good cost.internal cost.external cost.social cost.thir
Andre45 [30]

Answer:

Internal cost.

Explanation:

The gasoline that a person used for his car is an example of an internal cost.

Internal costs are considered as a private costs which were incurred by the firms for the production of goods. It includes labor, depreciation, rents and inputs. These are the costs which is directly borne by a firm or an individual.

It is the direct cost associated with the firms for the production of goods and services.

4 0
4 years ago
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