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3 years ago

Pls help

Business

1 answer:

Arturiano [62]3 years ago

4 0

Answer:

True

Explanation:

You should incorporate your life desires into choosing a career choice because if you are not happy with your job or you don't feel fulfilled with what you are doing then you are only harming yourself mentally and sometimes physically by continuing to do something that doesn't fit with your desires.

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Which two lines intersect at level of output the firm is supplying if that business is earning zero economic profits?

IgorC [24]

The average cost curve and the variable revenue curve are two lines which intersect at level of output when the firm is supplying and that business is earning zero economic profits.

If the price which the firm is charging from customer is higher than its average cost of production for the quantity of the goods produced, then the firm will earn profits to a large extent.

Conversely, if the price which is charged by the firm is lower than its average cost of production, the firm will suffer losses.

Thus when the cost is equal to the revenue of the firm it means there is no profit at all. At this level the average cost curve will intersect the revenue curve.

To know more about marginal cost curve here:

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2 years ago

Switzer, Inc. has 8 computers which have been part of the inventory for over two years. Each computer cost $600 and originally r

USPshnik [31]

Switzer Inc. should give the value of the computers at what they are currently worth to replace. After the two years, they now cost $400 to replace them so the value Switzer Inc. should place on their year end report is $400 due to that being the cost to replace in current day.

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3 years ago

Suppose you manage an upscale restaurant in New York City. __________ would involve writing employee schedules and a list of thi

Alex777 [14]

Operational Planning

Writing employee schedules and a list of things to do for the chef and other kitchen staff are the part of operational planning. Operational planning is the procedure of preparation of strategic goals of an organization. The operation plan gives the strategies of resource allocation to achieve goals. Therefore, writing the employee schedules and the things kitchen staff should be a part of operational planning.

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3 years ago

Read 2 more answers

A relatively flat demand curve indicates that the demand for a product is very sensitive to a change in price.TrueFalse

Free_Kalibri [48]

Answer:

True.

Explanation:

A flat demand curve for a particular product indicates that the product is very sensitive to a change in the price level and on the other hand, a steeper demand curve indicates that any change in the price level doesn't have a effect on quantity demanded or have a little impact.

Elasticity of demand refers to the responsiveness of quantity demanded with any change in the level of price of the product.

The demand for these products is more elastic because a slightly change in the price level of a product will result in a large change in the quantity demanded for that product.

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3 years ago

Demand at Nature Trails Ski Resort has a seasonal pattern. Demand is highest during the winter, as this is the peak ski season.

erma4kov [3.2K]

Answer:

Fall 304

Winter 1,974

Spring 716

Summer 1,006

total 4,000

Explanation:

The historical data is missing, so I looked for a similar question and found this:

Season Year 1 Year 2

Fall 208 243

Winter 1,360 1,574

Spring 509 554

Summer 719 774

total 2,796 3,145

if the forecast for total demand during next year is correct, total demand should increase by [(4,000 / 3,145) - 1] x 100 = 27.186% or 855 more customers.

we must determine the % of total demand per season:

Season Year 1 % Year 2 %

Fall 208 7.44% 243 7.73%

Winter 1,360 48.64% 1,574 50.05%

Spring 509 18.20% 554 17.62%

Summer 719 25.72% 774 24.60%

total 2,796 100% 3,145 100%

the average % for each season:

Fall 7.59% x 4,000 = 303.6 ≈ 304

Winter 49.35% x 4,000 = 1,974

Spring 17.91% x 4,000 = 716.4 ≈ 716

Summer 25.15% x 4,000 = 1,006

total 100%

8 0

3 years ago