All categories

2 years ago

A market might have an upward-sloping long-run supply curve if:

Business

1 answer:

Elan Coil [88]2 years ago

6 0

Answer:

a. firms have different costs.

Explanation:

A market might have an upward-sloping long-run supply curve if

a. firms have different costs.

b. consumers exercise market power over producers.

c. all factors of production are essentially available in unlimited supply.

d. the entry of new firms into the market has no effect on the cost structure of firms in the market.

You might be interested in

Agatha was a licensed loan originator when the housing market slowdown left her with little work. She accepted a job outside the

svlad2 [7]

Answer: Providing proof that she completed all of the continuing education requirements for the year she last held a license.

Explanation:

Based on the information given, since the license of Agatha has expired, one of the requirements that she must meet in order to be re-licensed is to provide proof that she completed all of the continuing education requirements for the year she last held a license.

It should be noted that providing proof that she still meets the qualifications to be a mortgage loan originator or information that relates to her previous license isn't required.

4 0

2 years ago

allatin County Motors Inc. assembles and sells snowmobile engines. The company began operations on July 1 and operated at 100% o

vodomira [7]

Answer:

Sales 2,600,000

Less Cost of Goods Sold

Opening Stock 0

Add Cost of Goods Manufactured

Direct materials 1,218,000

Direct labor 522,000

Variable factory overhead 87,000

Fixed factory overhead 130,500

Less Closing Stock (350×(1,957,500/4,350) (157,500) (1,800,000)

Gross Profit 800,000

Less Expenses

Selling and administrative expenses:

Variable selling and administrative expenses (60,000)

Fixed selling and administrative expenses (25,000)

Net Income 715,000

Explanation:

Product Cost (Absorption Costing) = Direct Materials + Direct Labor + Variable Overhead + Fixed Overheads

Period Cost (Absorption Costing) = All Non- Manufacturing Overheads

7 0

3 years ago

What type of lawsuit occurs if an employee decides to file a lawsuit against a company?

lana [24]

Answer: A. Civil case

Explanation:

The court cases that associate disputes between persons or businesses over funds or some incident to private rights are known as civil cases.
It starts by one party (business or a person) known as "plaintiff" claims to have been harmed by the actions of another party (person or business) known as the "defendant".

Hence, the lawsuit occurs if an employee decides to file a lawsuit against a company is "Civil case".

Hence, the correct option is "A".

4 0

3 years ago

Read 2 more answers

A citation identifies the publication in which a legal authority can be found.

Snezhnost [94]

True. Citations provide a level of credit to the original author of a source and allow for legal and lawful use of a source. Without citations, the use of other sources to produce a work is considered to be plagiarism, a punishable offense at most Universities and workplaces.

5 0

2 years ago

Jamie is analyzing the estimated net present value of a project under various conditions by revising the sales quantity, sales p

Brut [27]

Answer:

C. Scenario Analysis

Explanation:

Scenario Analysis is analysis of computing the Net Present Value by changing various variables, that is change in values of Sales, Variable Cost, Revenue, Cost of project and various other things. Basically it measures the Net Present Value with respect to various factors associated with calculating the net present value, as Jamie is calculating Net Present Value with different factors, that is in different scenarios, it is called Scenario Analysis.

8 0

2 years ago