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Thepotemich [5.8K]

2 years ago

9

when some resources used in production are only available in limited quantities, it is likely that the long-run supply curve in

a competitive market is

1 answer:

aleksklad [387]2 years ago

3 0

Answer: The correct option therefore is > upward sloping

Explanation:

When resources are limited in quantity, the cost of production would increase. Hence, in the long run, the supply curve will be upward sloping.

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As a result of the tax, the price received by producers , and . as a result of the tax, the price paid by consumers , and total

exis [7]

This is false because consumer surplus declines because of the increase in price and reduction in quantity.

7 0

3 years ago

To take advantage of an arbitrage opportunity, an investor would

Svetach [21]

Answer:

The answer is III) make simultaneous trades in two markets without any net investment.

Explanation:

Arbitrage is simultaneously buying an asset ( may be currency, securities...) in a low-priced market and sell it in a high-priced market.

As a results, the investor earns profit from price differences in the two markets without risk and net investment. It is because the two trading happens at the same time once price differences in any two markets are recognized ( arbitrage opportunities recognized) and the proceed of selling the asset is immediately used for financing/returning to the buying of the asset.

Thus, (III) is the correct answer.

5 0

3 years ago

Which label appears on the button when you write the code snippet >undo

AfilCa [17]

Explanation:

Input is an interactive control in HTML. When you want to create check box, text box, password box, radio button, button, etc can be created by using <input> tag in HTML.

Attributes:

type: type of control

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Value: it defines the caption / label of the button.

According to the given code snippet, a "button" would be created with the label "cancel".

3 0

3 years ago

Read 2 more answers

Inacio Corporation uses the weighted-average method in its process costing system. Data concerning the first processing departme

lakkis [162]

Answer:

Option D , $15.12

Explanation:

Weighted-average method :

Materials

Units transferred to the next department = 10,300

Ending work in process:

Materials: 1,200 units × 90% = 1080

Equivalent units of production =10,300+1080= 11,380

Materials

Cost of beginning work in process inventory= $2,700

Costs added during the period = $173,900

Total cost (a) =$173,900+$2,700 = $176,600

Equivalent units of production (b)= 11,380

Cost per equivalent unit (a) ÷ (b) = $15.51

The cost per equivalent unit for materials for the month in the first processing department is closest to $15.51

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3 years ago

Chang Corporation issued $6,000,000 of 9%, ten-year convertible bonds on July 1,2017 at 96.1 plus accrued interest. The bonds we

Nataly_w [17]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

5 0

3 years ago