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zimovet [89]
3 years ago
10

Pure economic rent is:

Business
1 answer:
shutvik [7]3 years ago
8 0

Answer:

A. The payment to factors whose supply is perfectly inelastic.

Explanation:

This means that this factor of production need to be purchase regardless of the price change, otherwise the business operation couldn't continue.

One example of a pure economic rent is the cost of latex for rubber glove manufacturer. Since latex is the main ingredients for the product, that company still have to buy it even if the price of the latex is increasing (inelastic) . Otherwise, the company need to shut down its operation.

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Which of the following would be typically added to the Adjustments column
BlackZzzverrR [31]

Answer:

I think a

Explanation:

4 0
3 years ago
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Four portfolio managers have generated superior performance against each of their benchmarks and the stock market in general. Th
rusak2 [61]

Answer:

<u>d. Increases allocation to any stock that changes its corporate name</u>

<u>Explanation</u>:

This manager that does this practice is least likely to replicate performance because that is an unprofessional practice.

In most cases when there is a change in the name of a stock it indicates a red signal that the stock price is bad and thus the company may decide to change it's name, thus the future performance of the company diminishes.

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3 years ago
Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the
storchak [24]

Answer:

Ending Inventory Units = 500 + 6700 - 6000 = 1200 units

Equivalent units for Material = Units completed and transferred*100% + Ending Inventory units*50% = 6000*100% + 1200*50%

= 6000 + 600 = 6600 units

Cost per equivalent unit for materials = (Beginning Material cost + Material cost incurred during the month) / Equivalent units for Material

= ($5800 + $125600) / 6600

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Hence, third option is correct.

8 0
3 years ago
When outcomes are uncertain, managers need to Group of answer choices describe the risks involved. evaluate the risks involved.
Alenkasestr [34]

Answer:

all of the above

Explanation:

When outcomes are uncertain, a manger must recognise and describe the risks involved. After identifying the risks, the risks must be evaluated to determine the extent of the risk and how the risk would affect the business. After the risks have been evaluated, the risk should be managed. For example, by taking insurance.

For example, if a manager wants to purchase a machine,

the manger has to identify the risks involved : the machine can be stolen, it can injure workers or it might not produce the desired effect

The manger must then evaluate the risks. The risks can be evaluated using capital budgeting methods. e.g. NPV

The manger can manage the risk by taking out insurance

3 0
3 years ago
The research and development activity which starts after positive research results are available and attempts to turn these resu
jasenka [17]

Answer:

C. applied research.

Explanation:

Once basic research has been performed, and has landed results that are relevant to an organization, the same organization can run applied research in order to find, from the basic research results, useful applications that can be put in the market.

For example, in the pharmaceutical sector, basic research in pure biology is often turned into practical application (new medications) through applied research within the pharmaceutical companies.

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3 years ago
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