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juin [17]
4 years ago
5

The short-run industry supply curve is the

Business
2 answers:
tigry1 [53]4 years ago
8 0

Answer: a. horizontal summation of the short-run supply curves for all firms in the industry

Explanation: R. G. Lipsey stated that the short-run industry supply curve is the horizontal summation of the short-run supply curves for all firms in the industry. In a perfect competitive industry, each produces quantity of goods that are sold at similar prices, therefore, it is quite obvious that the industry supply curve in the short run, under perfect competition is equal to the horizontal summation of all firms’ supply curves or its marginal cost curves (shows the change in the total cost that arises when the quantity produced is incremented by one unit) above the minimum point of the average variable cost curve (shows the relationship between costs incurred by a firm in the short-run production of a good or service and the quantity produced curve).

Daniel [21]4 years ago
5 0

Answer: The correct answer is "a. horizontal summation of the short-run supply curves for all firms in the industry.".

Explanation: The supply curve of the industry, in a situation of  short term, which under perfect competition is obtained  horizontally adding supply curves  individuals of all companies.

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3 years ago
Rapid Enterprises applies manufacturing overhead to its cost objects on the basis of 75% of direct material cost. If Job 17X had
lozanna [386]

Answer:

Direct material cost = $112,000

Explanation:

<em>Pre-determined overhead absorption rate rate = Estimated overhead for the period / estimated direct material cost</em>

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4 years ago
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6 0
3 years ago
According to Thomas Baekdal, which of the following is a critical factor for the success of a viral marketing campaign? restrict
AlekseyPX

The critical Factor for the success of viral marketing campaign is making sequels

Answer: Correct option is (B)

<u>Explanation:</u>

Viral marketing is conducted through internet.Under this simply the consumers are asked to share the information regarding a company's products through the medium called internet.In this way a product is very easily marketed without much efforts.It is very easy to conduct a viral marketing campaign .Simply we have to  create a video related to the product and it is further shared.

There are many factors which play an important role in the success of viral marketing campaign.But making sequels is the critical factor which contributes a lot in the success of this campaign.

Viral marketing gives energy to our campaign.It attracts the attention very easily.It's impact is tremendous.If our campaign has influenced and gained the attention of people than it would be beneficial to repeat that campaign with additions.This can be done by making sequels ,Like making movies similar to the previous one or giving behind the scene looks of a particular movie  or campaign that has gained the attention.

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4 0
3 years ago
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