1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andrew [12]
3 years ago
6

Nakawé, LLC produces and sells greeting cards in a competitive market. The total cost of producing 1000

Business
1 answer:
Nikolay [14]3 years ago
4 0

Answer:

Nakawé, LLC produces and sells greeting cards in a competitive market. The total cost of producing 1000

greeting cards is $4000. The price of a greeting card is $4.

What is this firm's economic profit (or loss)?

Explanation:

or loss

You might be interested in
Hand over hand steering is particularly well suited when speed of the steering movement is critical. True or false
Hunter-Best [27]

Answer:

True

Explanation:

Hand-over-hand steering is appropriate when the speed of steering is critical, such as with skid recovery in a rear-wheel traction loss.

Hand-to-hand steering is particularly well suited for precision maneuvers, steering through curves, intersection entry and exit, and front-wheel traction loss control (skidding).

7 0
3 years ago
Read 2 more answers
Jeevan and Jayaram started a partnership business. Jayaram is a filmstar. He has no time to be involved in business activity. Je
Hunter-Best [27]

Answer:

•Jayaram is a Limited partner

•Jeevan is an active partner

Explanation:

•A limited partner also known as a silent partner is a partner who does not partake in the day to day running of the business. He only provides capital to the running of the business hence his liability is limited to the amount invested in the business.

Asides providing capital and not being active in the management of the business activity, he can be of help by providing business contact that would bring progress to the business and also give business advice where and when necessary.

• An active partner is a partner who provides capital and also oversees the daily activities of the business. He is a very important partner because of his involvement in the business affairs hence has more liability unlike the limited partner. An active partner's action can make or mar the business because of the influence he has over the business.

3 0
3 years ago
A government imposes a per-unit tax on light bulbs in a competitive market. Afterward, the seller's after-tax price increases fr
Montano1993 [528]

Answer:

A. Total expenditure on light bulb increases after the tax.

Explanation:

The government has imposed tax on the light bulb production and the new price after the tax is $14. The price before the tax was $12 and the marginal cost before tax was $9. There was a profit of $3 for the producers of the light bulb. The tax burden is shifted to the consumers of the bulb since the marginal price after tax is $12. Total expense for the production of bulb has increased due to tax.

7 0
3 years ago
Approximately 85% of the customers at Hanson’s Furniture Store purchase furniture using store credit. The store’s average collec
Ket [755]

Answer:

Explanation:

Using or applying a Net 30 payment terms, having an average collection time of 75 days with the customers, Hanson's furniture store, are to either reduce their store credit option, so as to encourage let's say within 45% of their store credit customers to be able to pay upon receipt, or reduce their operating period. Which is the best option for the store to maintain minimum cash balance.

6 0
3 years ago
Read 2 more answers
Which of the following careers is most likely to require business skills? a)Systems Analyst b)Hardware Engineer c)Software Engin
Olin [163]

Answer:

D. Database Administrator

5 0
3 years ago
Other questions:
  • The imposition of a binding price floor on a market causes quantity demanded to be
    11·1 answer
  • GHJ Inc. is investing in a major capital budgeting project that will require the expenditure of​ $16 million. The money will be
    11·1 answer
  • A ___________ is something that an organization does extremely well, sometimes so well that it gives a company an advantage over
    9·1 answer
  • "The forward rate of the Swiss franc is $.50. The spot rate of the Swiss franc is $.48. The following interest rates exist:
    12·1 answer
  • Alison has all her money invested in two mutual funds, a and
    5·2 answers
  • Households play a role in physical capital accumulation because​ ____________. A. the population growth rate determines the numb
    8·1 answer
  • Which of the following is not a key element of the Sarbanes Oxley Act to improve corporate governance?a) The establishment of th
    14·1 answer
  • Mr. Williams is employed by BDF Inc. Compute BDF’s 2017 employer payroll tax with respect to Mr. Williams assuming that:
    12·1 answer
  • Pick one of the three policies to address pollution that are listed below (these are covered in chapter 15, section 15.3) and de
    12·1 answer
  • A building with an appraisal value of $129,668 is made available at an offer price of $158,618. The purchaser acquires the prope
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!