All categories

3 years ago

Question 27 (1 point) The relationship between the amount of inputs and outputs is known as

Business

1 answer:

lys-0071 [83]3 years ago

4 0

Answer:

A production function

Explanation:

A production function shows the relationship between the physical quantity output and the input of a good produced. It is the technical relationship between the physical output and physical input of a good. The production function is expressed as a mathematical function that relates inputs in numbers and their effect on output numbers.

You might be interested in

Suppose you've just inherited $10,000 from a relative. You're trying to decide whether to put the $10,000 in a non-interest-bear

Serggg [28]

Answer:

A. $800

B. $1,000

C. a. The quantity of money demanded decreases as the interest rate rises

Explanation:

A. Computation for the opportunity cost of holding the $10,000 as money if Interest Rate is 8%

Opportunity Cost for 8% interest rate=$8%*$10,000

Opportunity Cost for 8% interest rate= $800

Therefore the opportunity cost of holding the $10,000 as money if Interest Rate is 8% will be $800

B. Computation for the opportunity cost of holding the $10,000 as money if Interest Rate is 10%

Opportunity Cost for 10% interest rate =10%*$10,000

Opportunity Cost for 10% interest rate = $1,000

Therefore the opportunity cost of holding the $10,000 as money if Interest Rate is 10% will be $1,000

C. Based on the information given the previous analysis suggest about for money: THE QUANTITY OF MONEY DEMANDED DECREASES AS THE INTEREST RATE RISES.

6 0

3 years ago

Theory X managers implement a more rigid environment. a. increase diversity. b. strive to cut costs and increase efficiency. c.

pychu [463]

Answer:

b. strive to cut costs and increase efficiency.

Explanation:

Theory X managers is pessimistic. They believe people are lazy and unproductive. They will look to implement politics to increase the productivity,.

3 0

3 years ago

Jing Company was started on January 1, Year 1 when it issued common stock for $28,000 cash. Also, on January 1, Year 1 the compa

denpristay [2]

Answer:

5,280 net income for the Year 3

Explanation:

This would be the situation:

17,400 revenue

11,000 expenses

gain/loss on sale of equipment

= net income year 3

To know the result of the sale of equipment we have to do

sales price - book value = gain/loss on sale of equipment

8900 - book value = gain/loss

We have to determinate the book value.

book value = adquisition cost - acumulated depreciation

The equipment cost 15,200 + 1,300 transportation cost = 16,500 Adquisition Cost

acumulated depreciation = depreciation per year * 3 years

and depreciation per year is:

$\ $ depreciation per year $= \frac{Adquisition Value - Salvage Value }{Useful Life}$

Here we have all the values, so we stop digging and start solving.

depreciation = (16,500-5,700)/5 = 2,160

acumulated depreciation = 2,160 * 3 = 6,480

book value = 16,500 - 6,480 = 10,020

gain/loss = 8,900 - 10,020 = -1,120 LOSS on sale of Equipment

net income = 17,400 - 11,000 - 1,120 = 5,280 net income for the Year 3

6 0

3 years ago

A(n) _____ is an agreement among two or more two companies to join forces to pursue specific opportunities without actually merg

aalyn [17]

The answer is Joint Venture. It is the agreement or the business arrangement of two or more companies that agrees to share resources for a specific purpose without loosing their identities. The companies will share expenses, looses and profit associated with the venture but their other business interest will remain separate.

8 0

3 years ago

Which of the following statements are true about this natural monopoly? Check all that apply. In order for a monopoly to exist i

NNADVOKAT [17]

Answer: The following statements are true about this natural monopoly: It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers.

Natural monopoly is a form of monopoly that persists because of start-up costs of administrating a business organization in a particular industry. A organization with natural monopoly will be the only supplier of a commodity or service in an industry.

5 0

3 years ago