<span>If a company overstates their earnings, it will also likely increase the upper
management's bonus amounts at the end of the year. When the public realizes that the earnings are overstated, it's likely that the stock will drop significantly due to accounting fraud.</span>
Answer:
Each firm produces a quantity of 50 in long run equilibrium.
Explanation:
If a perfectly competitive industry of many identical firms has a long-run average total cost of LATC = 800 – 10Q + 0.1Q² and long-run marginal cost of LMC = 800 – 20Q + 0.3Q², for long run equilibrium to occur, LATC must be equal to LMC i.e LATC = LMC.
Equating both cost equation to get quantity Q each firm produces gives;
800 – 10Q + 0.1Q² = 800 – 20Q + 0.3Q²
Bringing all the terms to one side of the equation, we will have;
800-800-10Q+20Q+0.10Q²-0.3Q² = 0
10Q-0.2Q² = 0
Factorizing out Q, the equation becomes;
Q(10-0.2Q) = 0
From the resulting equation;
10-0.2Q = 0
10 = 0.2Q
Q= 10/0.2
Q = 50
This shows that each firm produces a quantity of 50 in long run equilibrium.
Answer:
A. To create a competitive advantage.
Explanation:
One of the most efficient and effective ways for a company to create a competitive advantage is through the use of technology cycles and innovation streams.
This methods most likely lead to the development of either new products or services, or the improvement of existing products or services, leading to a competitive advtange over competitors, either in terms of price, quality, or both.
Answer:
an offer and an acceptance
Explanation:
Here, in this particular case, the valid contract will require an agreement i.e. an offer and an acceptance which is further backed personally by the legally adequate consideration that is made by the individuals or groups that tend to have legal competence to embark into a contract, and thus the legal ambition.
These workers are called contingent workers
Contingent workers are the type of workers that hired per-project basis. This make up Freelancers, consultants, or contractors.
Since technically these workers are not a part of the company, the company is not require to give benefit to them like its full-time workers.
