In the _________, if profits are not possible, the perfectly competitive firm will seek out the quantity of output where _____________________ .

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Answer 1
The answers to the blank provided above are SHORT RUN, and LOSSES ARE SMALLEST, respectively. So in the short run, if profits are not possible, the perfectly competitive firm will seek out the quantity of output where losses are smallest. Provided that the given firm is perfectly competitive, this means that it has already stabilized its processes even if there are instances that there is no gain acquired. BUT, this instance is only possible in the short run. In the long run, this small losses would turn into big ones as well, making the firm unstable.

Related Questions

The tendency of an organization to identify and capitalize successfully on opportunities to launch new ventures by entering new or established markets with new or existing goods or services is known as innovativeness. competitive aggressiveness. entrepreneurial orientation. opportunity analysis. bootlegging.

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entrepreneurial oriantation

A lessor is a party who acquires a right to the possession and use of goods under a lease.â

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The answer is false, it must be a lessee. A lessor is a proprietor or the title holder of the leased asset or property. The lessor is also the creditor and secured party in case of capital leases and operating leases. While a lessee is a person who has a contract that allows the use of a car, house or etc., for a period of time in exchange for a payment.

Cathy uses, on her new recording drive by, the melody of a song written by earl, without earl's permission. this is

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This is copyright infringement.

A(n) _____ designates the medium or media to be used, the specific vehicles, and the insertion dates of the advertising.

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A media schedule designates the medium or media to be used, the specific vehicles, and the insertion dates of the advertising.

I hope this helps!

Explain how the core product and supplementary services are integrated in the context of an overnight hotel stay. please give detailed examples.

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The core product alludes to the overnight rental of a room. Its parts are benefited level, booking, nature of the procedure, and the client's part in the utilization of the room. Supplementary administrations incorporate things like stopping, room administration, reservations, and a breakfast buffet. Conveyance of both the center and the supplementary administrations is given electronically, by means of lodging worker, or by the client. Telephone utilize and pay TV are naturally charged to the room. Room administration and registration are given by an inn representative. Most breakfast buffets are self-benefit, requiring the client to make a move.

Answer:

Explanation:

An example of a core product for a service is _____.A.a safe and comfortable overnight stay in an unfamiliar cityB.the actual hotel room that the consumer stayed inC.the spa, gym, swimming pool, and room service at the hotelD.the discount given on the hotel as a result of membership in AAA

Deviation from the required performance pertaining to a contract is said to be material when the deviation does not result in a substantial change in value of the contract.

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The statement above is FALSE. Deviation from the required performance pertaining to a contact is said to be NON-MATERIAL when the deviation does not result in a substantial change in the value of the contract while the deviation is considered material when it results in substantial change in the value of the contract. The innocent party is entitled to collection of damages. 

The cost of hardware, software, and telecommunications services needed to build a web site have ________ over the last decade.

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The answer that completes the statement above is DECREASED DRASTICALLY. There has been an extreme decrease of the cost of the software, hardware, and telecommunications services that are required in order to create a Website because of the high availability of different kinds of softwares, and hardwares. The supply of these services is also increased over the last decade making its cost experience a substantial decrease.

If the unit sales price is $7 and variable costs are $3, how many units have to be sold to earn a profit of $3,600 if fixed costs equal $5,000

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The answer is about 1,228 units would need to be sold to profit about $3,600:

7 x 1,228= 8,596

8,596 - 5,000 = 3,596

Hope this helps!

Real income for most of the working population in the united states increased over the twentieth century. what is the most important reason for this

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the most important reason for the increase of the real income was: Increase in productivity due to tech change
The development of various agricultural machines in the 1900s have increase the overall production efficiency of the business in united states. Making the business able to fulfill higher volume of order with lower amount of time.

What do we learn from the data in case exhibit 2? does the data provide additional valuable information? why or why not?

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Tesla's non-Gaap medications prohibit non-money things as stock based remuneration, this incorporates the adjustment in reasonable esteem identified with teslas warrant risk, and non-money cost identified with teslas 1.5% convertible senior notes, and one-time costs related with the early reimbursement of the 2010 advance Tesla got from the division of vitality.

The amount of profit that a company forgoes when it decides to drop a particular product line in favor of another one

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The amount of profit that a company forgoes when it decides to drop a particular product line in favor of another one, this describes the opportunity cost.

Opportunity cost is defined as the benefit you could receive, but you chose another action. For example if you have $1000 and you have two choices, either to buy shares from x company or invest in another y company. If x company will give you 10% and y will give you 5% and you chose the x company for your benefit but however x company returns only 2% when you could have had 5% from the y company. So your opportunity cost is 5% - 2% = 3%

Which type of fall is responsible for the highest percentage of overall deaths in construction

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The answer to this is roofs. Hopes it helps

Answer:

The correct answer is:  Fall from roofs.

Explanation:

According to the U.S. Bureau of Labor Statistics, falls from roofs represented 76% of fatalities in the construction industry in the year 2013. The study concludes that workers in the roofing industry are more prone to have more work-related injuries than in any other type of worker in the construction field.

When mcdonald's offered madame alexander gifts in its happy meals, both companies profited from the _____ arrangement?

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The answer is comarketing arrangement. It is a partnership between two or more companies where both companies cooperatively market each other's products. For example, a company who manufacturers video cards may partner with a game software company, and both companies will market each other's related product.

Strand company is planning to sell 400 buckets and produce 380 buckets during march. each bucket requires 500 grams of plastic and one-half hour of direct labor. plastic costs $10 per 500 grams and employees of the company are paid $15.00 per hour. manufacturing overhead is applied at a rate of 110% of direct labor costs. strand has 300 kilos of plastic in beginning inventory and wants to have 200 kilos in ending inventory. how much is the total amount of budgeted direct labor for march?

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Final answer:

The total budgeted direct labor cost for Strand Company in March is $2,850, determined by multiplying the number of buckets to be produced by the direct labor hours required per bucket and the labor cost per hour.

Explanation:

The total amount of budgeted direct labor for March at Strand Company can be calculated by considering the number of buckets planned to be produced and the amount of direct labor required for each bucket. Since the company plans to produce 380 buckets, with each bucket requiring one-half hour of direct labor, we multiply the total buckets by the labor hours per bucket and then by the cost per hour of labor.

Calculation: 380 buckets × 0.5 hours/bucket × $15.00/hour = $2,850.

So, the total budgeted direct labor cost for Strand Company in March is $2,850.

Learn more about Budgeted Direct Labor here:

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What is the dividend on an 8 percent preferred stock that currently sells for $45 and has a face value of $50 per share?

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The dividend of a stock would always depend on the face value of the share. Therefore the dividend is calculated by:

Dividend = (Face Value) * (Interest rate)

Dividend = $50 per share * 0.08

Dividend = $4 per share                                (ANSWER)

Cosmos company on july 15 sells merchandise on account to cajon co. for $6,000, terms 2/10, n/30. on july 20 cajon co. returns merchandise worth $1,000 to cosmos company. on july 24 payment is received from cajon co. for the balance due. what is the amount of cash received?

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On July 15, there is pending 6000 on the cash account.

Then on July 20, Cajon Co. returns the merchandise of 1000, so the pending cash decreases and now it is only 5000.

Afterwards, on July 24, Cajon paid for the merchandise. Since the credit terms is 2/10, 2 percent discount will be given if they paid within 10 days. So 5000 multiplied by . 02 = 100. 5000 - 100 = $4900 is the amount of cash received.

The amount of cash received from Cajon Co. is $4,720 after considering the sales transaction, return, and discount terms.

The amount of cash received from Cajon Co. is $4,720.

To calculate this, first, we determine the net amount after the return by deducting the return amount ($1,000) from the original purchase amount ($6,000), which equals $5,000. Then we apply the discount terms 2/10, which means a 2% discount if paid within 10 days. Therefore, 2% of $5,000 is $100, making the balance due after the discount $4,900. Since the payment is received on July 24, within the discount period, the cash received would be $4,900.

American express established a consulting program that sent expert teams of employees into nonprofits to solve organizational problems. this can be considered an example of

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The answer is skill-based volunteering or volunteerism. It is a tactical type of volunteerism that allows professionals to make use of their skills to impact nonprofits to help make stronger their operation and services. Also it fosters cross-departmental cooperation and has been proven to improve a company’s performance.

The answer is "skill-based volunteering".


Skills-based volunteering implies utilizing the particular aptitudes and gifts of people to fortify the framework of charities, helping them assemble and support their ability to effectively accomplish their missions. The following are connections to articles that examine aptitudes based volunteering in more detail, and give instances of corporate SBV programs and their advantages for charitable associations, volunteers and organizations.  


On the day of the virginia primary election, umuc news club organized an exit poll at three polling stations were randomly selected and all voters were surveyed as they left those polling stations. this type of sampling is called:

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This type of sampling method is called cluster sampling. With cluster sampling, the researcher divides the population into distinct group so called clusters. Then, a simple random sample of clusters is particular from the population. The researcher conducts his investigation on data from the sampled clusters. Paralleled to simple random sampling and stratified sampling, cluster sampling has advantages and disadvantages. For example, given equal sample sizes, cluster sampling usually makes available less precision than either simple random sampling or stratified sampling. On the other hand, if travel costs between clusters are high, cluster sampling may be further cost-effective than the other methods.

Anthony and cathy jones have been married for twenty-seven years. they have always had a joint bank account, discuss big expenditures before making them, and share household duties. this jones family is an example of a/an ________ family.

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The answer to this question is "EGALITARIAN". Such as when Anthony and Cathy Jones have been married for twenty-seven years already. They have always had a joint bank account, they have also discussed big expenditures before making and implementing them and the share household duties have been cleared to both. This Jones family is an example of an EGALITARIAN family.

Referring to a keynesian phillips curve, a reduction in inflation is likely to cause: ____________. at least a slight increase in aggregate demand. a vertical phillips curve because aggregate supply remains fixed. unemployment to remain constant in the long run. at least a slight increase in unemployment.

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I think the correct answer is the last option. Referring to a Keynesian Phillips curve, a reduction in inflation is likely to cause at least a slight increase in unemployment. A Phillips curve shows relation between inflation and unemployment. In this curve, inflation and unemployment are inversely proportional which means that as the inflation rises, the unemployment would decrease. The opposite of such event is also true.

Pharrell, inc., has sales of $593,000, costs of $265,000, depreciation expense of $67,000, interest expense of $34,000, and a tax rate of 35 percent. the firm paid out $40,000 in cash dividends. what is the addition to retained earnings? (do not round intermediate calculations and round your answer to the nearest whole number,
e.g., 32.)

Answers

The income statement begins with revenues and subtracts costs to arrive at Earnings before Interest and Taxes (EBIT).

We then subtract out interest to get taxable income, and then subtract taxes to arrive at net income. Doing so, we get:

Income statement

Sales $593000

Costs (265000)

Depreciation (67000)

--------------------------

EBIT $261000

Interest (34000)

--------------------------

Taxable income $227000

Taxes (35%) (79450)

--------------------------

Net income $147550

The dividends paid plus the addition to retained earnings must equal net income, so:

Net income = Dividends + Addition to retained earnings

$147550 = $40,000 + Addition to retained earnings

Addition to retained earnings = $147550– 40,000

Addition to retained earnings = $107550

In an essay of at least two well-developed paragraphs, explain how making regular deposits in a savings account or buying shares of stock or bonds makes an impact on our economy.

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When you deposit your money to the bank, you are giving the bank the cash that they need to lend to borrowers or the cash they can invest in other form of investment like bonds and stocks. 

The banks will earn interest from these loans and investments while the depositor will earn from the interest that the bank will pay you.

Money deposited in the bank that is loaned to other people will most likely be used to put up businesses or expand businesses. With the increase of businesses in the community, a lot of people will be hired and their salaries and wages will be used to augment their basic needs. Needs that they will buy from their local stores. Thus, continuing the cycle of the economy.  


At rue's hunting emporium, a retail store, equipment required for hunting is sold. when a new or revised equipment is introduced, it advertises those products steadily throughout a planned period of time. this is an example of a _____

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The answer to this question is the "CONTINUOUS MEDIA SCHEDULE". During Rue's Hunting Emporium, a specific retail store, an equipment required and necessary are being introduced, it advertises those products steadily throughout a planned period of time. This is exactly an example of continuous media schedule. This happened during the advertising year and it is a combination of continuous scheduling and fighting skills. 

Which of the following is NOT a workplace right? Overtime pay for hourly workers who work more than 40 hours in one week equal pay for two people doing the same job with the same set of skills 12 weeks of paid leave for the birth of a child or illness children under 18 cannot work in hazardous conditions

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Not a work place right "Overtime pay for hourly workers who work more than 40 hours in one week equal pay for two people doing the same job with the same set of skills

Beatrix is planning a research study for her doctoral dissertation. as part of the study, she wants to measure normal aspects of personality in each of the participants, using a measure that is objective and precise. the best measure for beatrix to use would be the

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The answer to this question is the term NEO Personality Inventory. The NEO Personality Inventory is a personality inventory where in it measures and assess the big five personality traits. The big five personality traits are extraversion, agreeableness, openness, conscientiousness, and neuroticism.

Incoterms refer to ____. select one:
a. standardized procedures for handling international shipments
b. standardized international trade terminology
c. a specific method of payment for international shipments
d. terms of sale for international shipments

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The answer here is incoterms are standardized international terminologies. Incoterms which is the short term for “international commercial terms” are made so that there is an easier way for which the traders in the international trade can understand each other. These are trade terms by the International Chamber of Commerce (ICC) which are used by both international and domestic trade contracts. In 1936, these terms were first used and from time to time, these incoterms are updated especially in the current trade practices. Due to the updates every now and then, contracts must then be specified as to what version of incoterms are they using. 

What is the standard deviation of a portfolio's returns if the mean return is 15%, the variance of returns is 184, and there are three stocks in the portfolio?

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Final answer:

The standard deviation of the portfolio's returns is approximately 13.5647%, calculated as the square root of the variance, which is 184.

Explanation:

To find the standard deviation of a portfolio's returns, we take the square root of the variance. Given that the variance of returns is 184, the standard deviation would be the square root of 184. This calculation does not directly depend on the number of stocks in the portfolio or the mean return.

So, the standard deviation is:

√184 = 13.5647 (approximately)

The standard deviation is a measure of the dispersion of returns around the mean, and a higher value indicates a greater risk or volatility in the portfolio's returns. In this case, the portfolio's returns have a standard deviation of about 13.5647%.

Qs 22-2 allocating costs to departments lo p1 mervon company has two operating departments: mixing and bottling. mixing has 300 employees and occupies 22,000 square feet. bottling has 200 employees and occupies 18,000 square feet. indirect factory costs for the current period follow: administrative, $160,000; and maintenance, $200,000. administrative costs are allocated to operating departments based on the number of workers. determine the administrative costs allocated to each operating department.

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The total administrative costs for Mervon company are $160,000. There are a total of 500 workers between the bottling and mixing operations. The mixing operations have 300 employees and the bottling have 200 employees. Since the administrative costs are allocated to the two departments based on the number of workers, then, 200/500=0.4 x $160,000= $64,000 to the bottling operation and 300/500= $96,000 to the mixing operations for a total of the $160,000. 

Jed's weekly budget for lunch is $24. he eats only pizza and burgers. each pizza costs $6 and each burger costs $3. jed knows that 2 pizzas and 4 burgers will give him a utility of 8. at his utility-maximizing point, jed's utility is:

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At the utility-maximizing point the utility is 8. Jed only has $24. By buying 2 pizzas, he spends $12 and $12 more by buying 4 burgers. That combination exhausts the weekly budget and yields a utility of 8 that's obtained by combining the foods that bring about the maximum level of utility within the available budget.

Calculate the future value of an investment of $2300, after 7 months, earning 6.6% apr, compounded monthly, by compounding manually. g

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Not imaginable. If you were with me to protect me. And not let this guy be in my life. He's a strange one. I don't want to hear about him ever. I want to hear about Gerd but then he's got his own life too. You weren't there to take care of me all the time but I'm sure you cried every time of all my mistakes.
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