A firm will maximize profits when the price Selectone: a.is minimized by marginal profits Ob.is lower than the fixed costs c.is higher then the average total costs d.exceeds the average variable cost but is lower than the average total costs
Answers
For profit maximization, a firm aims for a price that covers the variable costs and contributes to profit while ensuring that it remains below the average total cost to avoid losses.
A firm will maximize profits when the price exceeds the average variable cost but is lower than the average total cost. This is because profit maximization occurs when the firm produces at a level where marginal revenue equals marginal cost. When the price exceeds the average variable cost, each unit sold contributes positively to covering the variable costs and generates a profit. However, the price must be lower than the average total cost to ensure that the firm is not incurring losses.
If the price is lower than the average total cost, the firm's costs exceed its revenue, resulting in losses. On the other hand, if the price is higher than both the average variable cost and the average total cost, the firm may still generate profits, but it would not be maximizing them. In such a case, the firm could increase its output to further reduce the average total cost and increase profitability.
Therefore, for profit maximization, a firm aims for a price that covers the variable costs and contributes to profit while ensuring that it remains below the average total cost to avoid losses.
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Related Questions
3. The owner of a specialty delicatessen buys baskets, decorates and fills them with food items, and
sells them as one of the products in the shop. The entrepreneur sells an average of 130 baskets a
month The basket supplier charges $0.50 per basket. The entrepreneur would like to reduce his
variable costs and has found a basket supplier who will charge only $0.40 per basket. How much
will the delicatessen owner save in a year by changing suppliers?
Answers
Answer:
$156
Explanation:
he old price per basket is $0.50 per basket
the new supplier has a price of $0.40 per basket
Savings per basket is $0.10 ($.50- $0.40)
The average sales per month are 130 baskets.
The average savings per months will be
=$0.10 x 130
=$13
yearly savings will be
=$13 x 12 months
=$156
Which results are more likely for someone without personal finance skills? Select three options.
larger long-term credit or loan costs
less preparation for emergencies
fewer utility expenses
simple long-term investment strategies
increased long-term challenges
Answers
Answer:
1,2 & 5
Explanation:
Answer:
1, 2, 5
Explanation:
edge 2021
In the past, your team has run projects using a more formal Waterfall method and now is incorporating Agile methodologies. What will be the biggest difference in how you manage your projects
Answers
The biggest difference in managing projects when transitioning from a formal Waterfall method to Agile methodologies will be the shift in focus from a linear, sequential approach to an iterative, flexible one.
The biggest difference in managing projects using Agile methodologies instead of the Waterfall method is the increased level of flexibility and adaptability. Agile emphasizes collaboration, continuous feedback, and iterative development. This means that the team will be able to respond more quickly to changes and deliver incremental value to the customer. The role of the project manager also shifts in an Agile environment, with more focus on facilitating the team's progress and removing obstacles rather than directing tasks. Additionally, Agile places a greater emphasis on transparency and communication, with regular check-ins and status updates to ensure that everyone is aligned and working towards the same goals.
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Which of the following is the amount of money the business has earned after paying income taxes?
O Sales figures
O Costs of goods sold
O Gross profit
O Net income
Answers
Answer:
Net income is the amount of money the business has earned after paying taxes
HELP PLEASE!
1. The Inca civilization's city of Machu Pichu is an example of...
exceptional creative skills
exceptional political skills
exceptional engineering skills
exceptional life skills
2. Before you start practicing as an architect, you must first be certified through:
the NCAA (the National College Athletics Association)
the NWAC (the Northwest Accreditation Committee)
the NCARB (the National Council of Architectural Registration Boards)
the ITSE (the International Technology Symposium of Engineers)
3. Some warehouses and factories may utilize the services of:
an artist
a digital animator
an architect
a meteorologist
4. Ancient architects have used the principles of design to build which of the following?
Homes
Public spaces
Temples & religious spaces
All of the answer choices are correct
5. When researching which career that interests you the most, why is it important to also consider the projected growth of the profession?
It reveals who your competition might be.
It reveals the possible number of jobs that will be available in the field.
It directly relates to how many professional friends you will be making in the future.
Projected growth has no relevance in today's society.
6. An architect will create a design taking into account which factors?
Type of software used to create the architectural design
The quality of paper on which the design is printed
The specific color codes used to indicate the structures in the local area
None of the answer choices are correct
7. Architectural firms bid on what type of projects?
Land excavation projects
Land reclamation projects
Urban space beautification projects
Government and private projects
8. To be an effective City Planner, you must have the ability to work with:
others as well as independently
both structural and mechanical engineers
water quality specialists and pollution controllers
Interior design firms and Urban Planners
9. The structures that a structural engineer designs and builds must take into account which of the following?
Weather
Traffic
Changes in temperature in the structure
All of the answer choices are correct
10. A city planner is responsible for developing effective plans for the development and use of land in which of the following places?
Urban regions
Metroplexes
Small Towns
All of the answer choices are correct
Answers
2.NCARB
3. An architect
4. All of the above
5. It reveals possible number of jobs
6. None of the above
7. Government and private projects
8. Others as well as indepently
9. Traffic
10. Urban regions
Which descriptions are examples of Facility and Mobile Equipment Maintenance workers?
Check all that apply.
(there’s probably around 3)
Jonathan tests and fixes systems for helicopters.
Angel analyzes ways to improve the flow of traffic.
Sarah cleans and services diesel engines for boats.
Damon loads cargo into ships.
Ariel repairs bicycles for customers.
Heather takes passengers to destinations in a taxi.
Answers
Answer:
1)Jonathan tests and fixes systems for helicopters.
3)Sarah cleans and services diesel engines for boats.
5)Ariel repairs bicycles for customers.
Explanation:
I just put these answers on edge and got them right :)
Answer:
1,3,and 5
Explanation:
Money needed to expand for additional inventory, equipment, marketing cost, employees, etc. is known as which of the following? Competitive risk Market analysis Marketing Expansion capital
Answers
Answer:
Expansion capital
Explanation:
Expansion capital can be defined as the money that a company uses to expand itself and business. Expansion capital is always included in company balance sheets. Expansion capital is also known as growth capital.
Expansion or growth money usually covers additional inventory, equipment, marketing cost, employees, etc as seen in the question.
Cheers.
Niat ny mau bikin dua akun tapi malah kesasar :(
Answers
Answer:
I'm lost and I don't understand your language
As a smart consumer, you are always on the lookout for sales, coupons, and rebates. While shopping for new clothes, you notice that one particular brand of shirts is on sale for 20% off the original price. You also have a coupon for $10 off a $40 purchase. Coupons are applied after the 20% discount is taken. If each shirt originally costs $17.99, how many shirts would you need to buy to be able to use your coupon? Show your work
Answers
Answer:
3 shirts
Explanation:
The cost of one shirt is before discounts is $17.99
After a 20% discounts, the shirt will retail at
= $17.99 - (20% of $17.99)
=$17.99 -$3.598
=$14.392
The coupon applies purchases worth $40. A customer will need by
=$40/$14.392
=2.7793
The customer has to buy 3 shirts
Who owns the TD bank? Is it the government?
Answers
Is the inflation rate can be measured by calculating the percentage change in the consumer price index?
Answers
The given statement "The inflation rate can be measured by calculating the percentage change in the consumer price index" is true because the Consumer Price Index (CPI) is a widely used measure of inflation that reflects the changes in the average price level of goods and services consumed by households.
The CPI is a measure of the average price level of a basket of goods and services consumed by households. It is calculated by comparing the cost of a fixed basket of goods and services over time, with the base year representing the reference period. When the CPI increases over time, it indicates that the cost of the basket of goods and services has increased and therefore inflation has occurred. The percentage change in the CPI between two periods is a measure of the inflation rate.
However, it is important to note that the CPI is just one of many measures of inflation, and it may not capture changes in the prices of all goods and services produced in an economy. For example, the GDP deflator is another measure of inflation that captures changes in the prices of all final goods and services produced in an economy. Therefore, while the CPI can be used to measure the inflation rate, it is important to consider other measures of inflation as well to get a more complete picture of changes in the overall price level of an economy.
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place rock unit events in order.
3. (Note: The surface is not a layer. It is ground-level, complete with happy little trees.) \( \mathrm{A} 3 \) Homework \( - \) Unanswered Place the rock units events in order from oldest on bottom t
Answers
To place the rock unit events in order from oldest to youngest, we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers.
1. Homework: This event is the most recent one as it is mentioned last in the given list.2. A3: This event is mentioned before Homework, suggesting that it occurred earlier than Homework.3. Unanswered: This event is mentioned before A3, indicating that it happened before A3.Therefore, the correct order from oldest to youngest is: Unanswered → A3 → Homework.we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers, the youngest rocks are on top, while the oldest rocks are at the bottom.
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Select two answers
Marcus is applying for a job as a guidance counselor at a high school. Which two details should he include in his résumé?
A. his ethnicity
B. his counselor certification
C. his country of origin
D. his years of teaching experience
E. his age
Answers
D.) His years of teaching experience
Allen Furniture Company is considering offering an inexpensive line of college dorm and apartment furnishings. If they move forward, they will renovate part of their store to accommodate this new stock. Before spending the money to redesign the store, they first want to find out customer interest. In a short response of approximately 100 words, describe some of the steps they should take as they consider this project.
Answers
Answer:
Allen Furniture Company should look into conducting a survey to gauge customer interest to find what they look for, need, and find attractive. They could do so by going to college campuses and conducting random interviews. For their apartment furnishings, they could look online to see what kind of product sell and do an analysis of customer interest that way and they could also conduct a survey for people that live in apartments. They could also look into a consultant that specializes in the field and is experienced with what customers like or want.
: MSU-HW4 5. 6. eBook Problem Walk-Through O Problem 26-01 0 Investment Timing Option: Decision-Tree Analysis O Kim Hotels is interested in developing a new hotel in Seoul. The company estimates that the hotel would require an initial Investment of $21 million. Kim expects the hotel will produce positive cash flows of $3.36 million a year at the end of each of the next 20 years. The project's cost of capital is 14%. M. 9. O a. What is the project's net present value? A negative value should be entered with a negative sign. Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answer to two decimal places. million 10. 11 12 13. O b. Kim expects the cash flows to be $3.36 million a year, but it recognizes that the cash flows could actually be much higher or lower, depending on whether the Korean government imposes a large hotel tax. One year from now, Kim will know whether the tax will be imposed. There is a 50% chance that the tax will be imposed, in which case the yearly cash flows will be only $1.09 million. At the same time, there is a 50% chance that the tax will not be imposed, in which case the yearly cash flows will be $4.83 million. Kim is deciding whether to proceed with the hotel today or to wait a year to find out whether the tax will be imposed. If Kim waits a year, the initial investment will remain at $21 million. Assume that all cash flows are discounted at 14%. Use decision-tree analysis to determine whether Kim should proceed with the project today or wait a year before deciding. -Select- 14 O 15 16. O Check My Work (3 remaining) O O
Answers
To determine whether Kim should proceed with the project today or wait a year before deciding, we can use decision-tree analysis. Let's calculate the net present value (NPV) for both options:
Option 1: Proceed with the project today
Initial investment: -$21 million
Yearly cash flows: $3.36 million for 20 years
Discount rate: 14%
Using the NPV formula: NPV = CF1 / (1 + r)^1 + CF2 / (1 + r)^2 + ... + CFn / (1 + r)^n - Initial Investment
NPV = $3.36 million / (1 + 0.14)^1 + $3.36 million / (1 + 0.14)^2 + ... + $3.36 million / (1 + 0.14)^20 - $21 million
Calculating this will give us the NPV for Option 1.
Option 2: Wait a year and decide
Initial investment: -$21 million
Yearly cash flows if tax imposed: $1.09 million for 19 years (as we wait a year)
Yearly cash flows if no tax imposed: $4.83 million for 19 years
Discount rate: 14%
Using the NPV formula: NPV = (0.5 * CF1) / (1 + r)^1 + (0.5 * CF2) / (1 + r)^2 + ... + (0.5 * CFn) / (1 + r)^n - Initial Investment
NPV = (0.5 * $1.09 million) / (1 + 0.14)^1 + (0.5 * $4.83 million) / (1 + 0.14)^2 + ... + (0.5 * $4.83 million) / (1 + 0.14)^19 - $21 million
Calculating this will give us the NPV for Option 2.
Compare the NPVs of both options:
If the NPV for Option 1 is positive, it means proceeding with the project today is favorable.
If the NPV for Option 2 is positive, it means waiting a year and deciding is favorable.
Choose the option with the higher NPV as the recommended decision.
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according to the penetration strategy, an entrepreneur tries to penetrate his or her firm's product or market further by _____.
Answers
According to the penetration strategy, an entrepreneur tries to penetrate his or her firm's product or market further by adjusting the price of the product. Penetration pricing strategy involves setting a lower price for the product than the competition to draw in consumers and acquire a larger market share.The goal of penetration pricing is to attract customers and gain market share quickly.
The product's price is deliberately set low, with the expectation that revenue will be generated by increased sales volume rather than by the price per unit.Market penetration pricing is a method of setting low prices to break into a new market or increase market share. It is most commonly used in situations where there is little or no competition, where the product is easily substitutable,
and where the cost of producing additional units is minimal. Additionally, the pricing strategy provides the company with information about consumers' willingness to pay for the product.The goal of market penetration pricing is to gain market share quickly by drawing in consumers who might otherwise be hesitant to try a new product or who might have been loyal to a competitor's brand in the past.
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You have been saving money from delivering groceries for instacart in a savings account to buy a new laptop before going to college. What is the function of money?
Answers
Answer: Store of value
Explanation:
What detail most clearly develops the central idea in the first question you answered?
Group of answer choices
"Plasmodium’s ancestors probably rubbed shoulders with the eggs and larvae of mosquitoes, similarly floating on sun-dappled waters.” (paragraph 7)
“And yet, despite the millennia-long battles between us, malaria still manages to infect at least three hundred million of us— . . . and kills nearly one million, year after year.” (paragraph 2)
"The survivors learned how to withstand the diseases’ ravages, though, and in time both measles and smallpox settled into being unremarkable childhood illnesses. . . .” (paragraph 1)
“The rest of us all do our obscure little part in the drama of life, weaving ourselves deeper into local ecology. . . .” (paragraph 4)
braiiest
Answers
The detail that most clearly develops the central idea in the first question is “And yet, despite the millennia-long battles between us, malaria still manages to infect at least three hundred million of us— . . . and kills nearly one million, year after year.” (paragraph 2).
What can be said of the Malaria pathogen?The first question has the central idea that the malaria pathogen has not become less deadly over the centuries.
This is proven by the fact that even though humanity has fought the malaria pathogen for thousands of years, it still infects millions every year and leads to the death of almost of million people.
This means that the pathogen is still very strong and has not grown to be less deadly like measles and smallpox.
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Which economic system has the most government control? (Select the best answer.)
A planned economy . A traditional economy . A mixed economy . A market economy
Answers
Answer:
A planned economy because they know what is going to be put in place at any certain time, so they have the most power. Hope it helps! Please vote Brainliest!
Explanation:
Answer:
A planned economy that is the answer
Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
Answers
They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply
Discuss whether or not growth of an industry will increase the profit earned by the firms in the industry.
Answers
Answer: Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.
Explanation:
Industries have their various activities, competition, customers (both prospective and existing). A growth in industry would mean that there is a larger demand for what is been sold in that industry, and when the demand is high, their would be lack, which would create that gap and allow marketers or producers get more profit, based on the high demand now. Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.
Enlightenment thinker adam smith wrote about laissez-faire economics and market systems, which was influential in how people economically viewed the role of the government. According to smith, what role should the government have?.
Answers
In his writings, he described how market systems work and his belief in laissez-faire economics. His ideas influenced how people view the government in terms of the economy,
Economics is the study of scarcity and its impact on resource use, the creation of goods and services, the expansion of production and wealth over time, and a range of complex concerns of utmost importance to society. Political science, geography, mathematics, sociology, psychology, engineering, law, medicine, and business administration are just a few of the many areas in which economics has an impact. A society is a group of people who are in regular contact with each other or a large group of people living together in a common space, often subject to the same political authority and prevailing cultural norms. .
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Statement of financial position is prepared to calculate the profit for the year of the business.
True
False
Answers
Help this is super confusing
Answers
Answer: Reasons
Explanation: Crystals are collected for jewelry, sugar, salt, computer chips. So if it shows you all those examples it would be collected for many reasons. I hope this helped!
Michael works as a financial advisor in a doctors office. The two organizations that Michael most likely belongs to are the..
A. AFP and AMA
B. AFP and ACS
C. AMA and AIA
D. AIA and ACS
Answers
Michael works as a financial advisor in a health practitioner's office. the 2 agencies that Michael maximum possibly belongs to are the: A. AFP and AMA
A monetary adviser or financial advisor is a professional who offers economic services to clients based totally on their monetary state of affairs. In many nations, financial advisors should whole precise education and are registered with a regulatory body in an effort to provide advice.
A financial advisor is a professional who's paid to offer financial recommendations to customers. simply as you would hire an architect to create a plan for your house, you hire a financial marketing consultant to create a plan for your budget. it is all about paying a person for the know-how you need to reach unique goals.
A monetary guide will now not simplest set you up financially. they could help make choices on the most important existence adjustments like how tons maternity go away can you have the funds to take while having a child. They also can help maintain you on target financially while lifestyles throw you curve balls which include redundancy.
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What is the difference between incarceration and probation?
A. Incarceration is only for federal level punishment.
B. Incarceration involves jail time, while probation does not.
C. Incarceration is a longer period of time than probation.
D. With incarceration, the crime was more serious than with
probation
Answers
Answer:
B. Incarceration involves jail time, while probation does not.
Explanation:
The defendant pleads guilty and is given probation instead of incarceration. Probation reduces recidivism or the likelihood to recommit a crime.
Answer:
Incarceration involves jail time, while probation does not.
Explanation:
in​ process-oriented and​ fixed-position layouts, it is important to minimize the costs of:_______.
Answers
In process-oriented and fixed-position layouts, it is important to minimize the costs of material handling.
Material handling refers to the movement, storage, and control of materials during the manufacturing process. In process-oriented layouts, where similar processes are grouped together, minimizing the distance that materials need to be transported between processes can reduce material handling costs and improve efficiency.
In fixed-position layouts, where the product remains in one location and workers and equipment are brought to it, minimizing the amount of movement required for workers and materials can help to reduce costs and increase productivity.
Additionally, minimizing the costs of transportation and storage is also important in fixed-position layouts as the product stays in one place throughout the production process.
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An organization where employees typically wear casual clothes and interact casually is most likely to have a(n) ________ organizational culture. Group of answer choices hierarchical formal rules-bound informal
Answers
An organization where employees typically wear casual clothes and interact casually is most likely to have an **informal** organizational culture.
In an informal culture, there is a more relaxed and flexible approach to work, and interactions are often less formal and hierarchical. Employees may have more autonomy and freedom in decision-making, and there is a greater emphasis on open communication and collaboration. The organization may have fewer strict rules and procedures, and there is often a focus on fostering a friendly and comfortable work environment. This type of culture promotes creativity, innovation, and a sense of camaraderie among employees.
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Which document describes a worker's employment experience, strengths, skills, education, and other qualifications?
A.
Resume
B.
Cover letter
C.
Referral
D.
Reference
Answers
Answer:
A. Resume
Explanation:
A resume is a document prepared by a job seeker to itemize their education qualification and work experiences. It is a formal document sent to a potential employer by a job applicant. The resume shows an applicant's qualifications for the position advertised.
A resume is usually sent together with a cover letter.
Answer:
It's A
Explanation: hope it helps ^w^
The _____ curve shows the negative relationship between the aggregate price level and the quantity of aggregate output demanded in the economy.
Answers
Answer: aggregate demand
Explanation: The aggregate demand curve shows the negative relationship between the aggregate price level and the quantity of aggregate output demanded in the economy.