darlene runs a fruit and vegetable stand in a medium-sized community where there are many such stands. her weekly total revenue equals $2,000. her weekly total cost of running the stand equals $3,500, consisting of $2,500 of total fixed costs and $1,000 of total variable costs. an economist would likely advise darlene to: group of answer choices

Answers

Answer 1

To answer your question about Darlene running a fruit and vegetable stand with a weekly total revenue of $2,000 and a weekly total cost of $3,500, consisting of $2,500 of total fixed costs and $1,000 of total variable costs, I will provide a step-by-step explanation.

1. First, let's understand the key terms:
  - Total revenue: The total amount of money Darlene earns from her fruit and vegetable stand every week.
  - Total cost: The total amount of money Darlene spends to run her fruit and vegetable stand every week.
  - Fixed costs: The costs that don't change with the level of production, such as rent or insurance.
  - Variable costs: The costs that vary depending on the level of production, such as the cost of fruits and vegetables.

2. Now, let's calculate Darlene's weekly profit or loss:
  Weekly profit/loss = Weekly total revenue - Weekly total cost
  = $2,000 - $3,500
  = -$1,500

3. Analyze the situation: Since Darlene's weekly profit is -$1,500, she is operating at a loss.

4. Consider the advice an economist would give: Since the loss primarily comes from fixed costs, which cannot be reduced in the short run, an economist would likely advise Darlene to continue operating her stand in the short term, provided that her total revenue exceeds her variable costs ($2,000 > $1,000). In the long run, she should analyze the market and determine if her business can become profitable by adjusting prices, lowering costs, or finding ways to increase revenue. If the losses continue, she may need to consider closing her stand or finding alternative ways to utilize the resources.

So, an economist would likely advise Darlene to continue operating in the short term but reassess her business model and profitability in the long run.

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Related Questions

Marilyn has a biweekly gross pay of $810 and claims 3 federal withholding allowances. Marilyn has all of the following deductions from her gross pay:
federal tax from the following table
A 9-column table with 7 rows is shown. Column 1 is labeled If the wages are at least with entries 720, 740, 760, 780, 800, 820, 840. Column 2 is labeled But less than with entries 740, 760, 780, 800, 820, 840, 860. Column 3 is labeled And the number of withholding allowances is 0, the amount of income tax withheld is, with entries 80, 83, 86, 89, 92, 95, 98. Column 4 is labeled And the number of withholding allowances is 1, the amount of income tax withheld is, with entries 62, 65, 68, 71, 74, 77, 80. Column 5 is labeled And the number of withholding allowances is 2, the amount of income tax withheld is, with entries 44, 47, 50, 53, 56, 59, 62. Column 6 is labeled And the number of withholding allowances is 3, the amount of income tax withheld is, with entries 26, 28, 31, 34, 37, 40, 43. Column 7 is labeled And the number of withholding allowances is 4, the amount of income tax withheld is, with entries 14, 16, 18, 20, 22, 24, 26. Column 8 is labeled And the number of withholding allowances is 5, the amount of income tax withheld is, with entries 1, 3, 5, 7, 9, 11, 13. Column 9 is labeled And the number of withholding allowances is 6, the amount of income tax withheld is, with entries 0, 0, 0, 0, 0, 0, 1.
Social Security tax that is 6.2% of her gross pay
Medicare tax that is 1.45% of her gross pay
state tax that is 21% of her federal tax
Determine how Marilyn’s net pay will be affected if she increases her federal withholding allowances from 3 to 4.
a.
Her net pay will increase by $15.00.
b.
Her net pay will decrease by $15.00.
c.
Her net pay will increase by $18.15.
d.
Her net pay will decrease by $18.15.

Answers

Answer:

c

Explanation:

Answer:

Her net pay will increase by $18.15

List 3 responsibilities that a consumer has when making a purchase.

Answers

Answer:

check receipt, know the return policy, read the fine print

Explanation:

Welcome

The United States is unique in its use of a 24-hour Internet; in most countries the Internet shuts down between 2:00 AM and 6:00 AM for maintenance. true or false

Answers

Answer:

False

Explanation:

The internet is composed by multiple Hosts and obviously the only way to shut down the internet is to shut down the catrillion computers that all together host the internet.

when you grounded and mom says no xbox, goes to work... you sitting on the xbox playing cod..... car door shuts from outside... you forgeting your grounded....... mom walks in.......you remembering......... O_O


im so board.... ;-;

Answers

Answer:

lol

Explanation:

Lol just act sleep and if that don’t work run as fast as you can

In Europe, schoolchildren devote time during each school day to calisthenics. North American schools rarely offer a daily calisthenics program. Tests prove that North American children are weaker, slower, and shorter-winded than European children. We must conclude that North American children can be made physically fit only if they participate in school calisthenics on a daily basis. Which one of the following is assumed in the passage?

a. All children can be made physically fit by daily calisthenics.
b. All children can be made equally physically fit by daily calisthenics.
c. Superior physical fitness produces superior health.
d. School calisthenics are an in indispensable factor in European children’s
e. North American children can learn to eat a more nutritious diet as well as to exercise daily.

Answers

Answer:

ummmm...

Explanation:

The main source of finance for public corporations is s _ _ _ _ f _ _ _ _ _ _ (from t _ _) ​

Answers

Answer:

tax

Explanation:

the tax is a national practise carried all over the country

3. Who was the first customer of mcdonald's and what was ordered?

Answers

Answer:

The main McDonald's eatery was begun in 1948 by siblings Maurice ("Mac") and Richard McDonald in San Bernardino, California. They purchased machines for their little cheeseburger eatery from sales rep Ray Kroc, who was fascinated by their requirement for eight malt and shake blenders.

Explanation:

Use this with "kind."
True
False

Answers

That makes no since ..

Answer:

??? what do you mean? please be more elaborate

This is my last question plzzzz get it right

Museum curators are in a tourism career.

A. True

B. False

Answers

Answer:

false

Explanation:

The money supply curve _____. This shift could be caused by the Federal Open Market Committee's (FOMC's) open-market purchase of Treasury bills.

Answers

Answer:

Shifts right

Explanation:

A rightward shift in the money supply curve indicates its increase. When the FOMC purchases Treasury bills, they purchase these securities with money, thus injecting more money into the economy and increasing the money supply.

how does a decrease in government spending affect the aggregate expenditure line?

Answers

A decrease in government spending affects the aggregate expenditure line by "shifting the aggregate expenditure line downward."

This is because the aggregate expenditures are household consumption, business spending through investments, and government spending on goods and services.

Therefore, when government spending decreases, the total or aggregate expenditure reduces, thereby shifting the "the aggregate expenditure line downward."

Hence, in this case, it is concluded that government expenditure forms a vital part of the aggregate expenditure of a country.

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Burrows, Inc. borrowed $100,000 from Last Bank by signing a formal agreement to repay the bank in 10 years. Burrows' journal entry to record this transaction will include a debit to ______.

Answers

Burrows' journal entry to record this transaction will include a debit to Cash.

Journal entry:

Based on the information given if Burrows borrowed the amount of $100,000  by signing a formal agreement to repay the bank the appropriate journal entry to record this transaction will include:

Burrows journal entry

Debit Cash $100,000

Credit Notes payable $100,000

(To record notes payable)

Inconclusion Burrows' journal entry to record this transaction will include a debit to Cash.

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Which of the following gas satisfaction measures wWhich of the following gas satisfaction measures would Be this for a company to use if they want to estimate how many customers might recommend them to their friends?

CES
CSAT
PSC
NPS​

Answers

Answer:

Simple Random Sample

Explanation:

Which personality type might be compatible with a career as an engineer?
A Artistic
B. Protector
C. Idealist
D. Rational

Answers

Answer:

D. Rational

Explanation:

That's The Answer❣️

What is cold calling?

A. Calling people who have not shown interest in the product and asking them to buy it

B. Performing customer profile surveys over the telephone

C. Calling competitors and pretending to be a potential customer

D. Asking past customers whether they are satisfied with the product

Answers

Answer:

Explanation:

It's A and it is very hard to do. You are talking to someone whom you don't know and interrupting their day when they might be expecting someone important to them to be calling.

The others might be describing something, but it is not cold calling.

D is a survey

C is potentially a hazard. If the competitor ever finds it out, you can be in a pile of trouble.

B might be a cold call. It might be the reason for making a cold call, but you have to define the term more generally.

Zoom was identified as a unicorn in the case. A unicorn is a Multiple Choice A. private equity firm investing $1 billion or more into a start-up company.
B. foreign company entering into the United States with no local investment in capital. C. private company worth $1 billion or more. D. tech startup company with over a million users. E. company with an IPO that gains at least 50 percent on opening day.

Answers

Answer: C

Explanation:

Unicorns are rare and powerful creatures, hence the term.

Not:

A: because a private equity firm can invest $1 billion dollars into any company/ does not change how much it makes.

B: Foreign companies do this all the time

D: Not all startups are tech companies/ is a feat that do not align with each other.

E: The company can still fail even with a high gain in the IPO

which of these is not a social or economic goal of the US economy

Answers

What are the social or economic goals? Is there options?

Edit: The answer is A

Answer:

A

Explanation:

Backward scheduling.
Select one:
a.
Begins with a delivery date and each operation is then scheduled one at a time in reverse order.
b.
Assumes that procurement of material and operations start as soon as the requirements are known.
c.
Is well suited where the supplier is usually unable to meet precise delivery dates.
d.
Tends to build up in-process inventory.
e.
None of the above

Answers

a. Begins with a delivery date and each operation is then scheduled one at a time in reverse order.

Backward scheduling is a scheduling technique that starts with a desired delivery date and then schedules each operation or task in reverse order, working backward from the final deadline.

takes into account the time required for each operation, dependencies between operations, and any constraints or limitations in the production process. By scheduling in reverse, it ensures that all operations are completed in time to meet the desired delivery date.

Option a ly describes backward scheduling.

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the owners of blazing pitchforks, a family-owned farm supply outlet in a rural community, are concerned over the news that a large retailer specializing in farm and garden products is building a new store on the other side of town. according to a swot analysis, this new retailer is an organizational ________ to blazing pitchforks.

Answers

Answer:

Threat

Explanation:

According to the SWOT analysis, this new retailer is an organizational threat to Blazing Pitchforks.

SWOT analysis is a management tool that helps an organization to analyze its strategic position in the market in relation to its:

microenvironmentmacroenvironment

SWOT analysis is an acronym that stands for:

StrengthWeaknessesOpportunitiesThreats

In relation to the organizational environment.

In the internal environment, the strengths and weaknesses that it is possible to control through the management of resources and capabilities, such as:

marketing financeproduction organization

Are analyzed for strategic development that results in a competitive advantage over competitors.

The external environment, on the other hand, corresponds to factors outside the organizational limit, which it is not possible to control but which have some impact on its activities, such as economic, political and entry of new competitors, such as the large retailer which will compete with the Blazing Pitchforks, which may impact its profitability.

Therefore, it is necessary to monitor the external environment, opportunities and threats, for the development of an adaptable and innovative strategic plan to reduce negative impacts related to the external environment.

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Under a contractionary taxation policy, the government can reduce the deficit by

A) increasing taxes.
B) reducing taxes.
C) increasing spending.
D) increasing inflation.

The Answer is A) increasing taxes.

Answers

Answer:

c

Explanation:

not sure but I tried may best tho

Answer:

A) increasing taxes.

Explanation:

governments of ____ countries can encourage trade by minimizing interference with the free exchange of goods and services.

Answers

Answer:

Developing

Explanation:

The Galindo family plans to start a small business in our neighborhood. The father
borrows $10,000 from the bank at an annual interest rate of 7.5% rate for 42
months. What is the amount of interest he will pay on this loan?
$26.25
$26,250
$262,500
$2,625

Answers

Answer:

$2,625

Explanation:

Interest is calculated using the formula

I = p x r x t

For Galindo family

I= interest,

P = principal amount : $10,000

r= Interest rate: 7.5 % or 0.075

t= times in years : 3.5 years( 42 months /12)

I= $10,000 x 0.075 x 3.5

I=750 x 3.5

I=$2,625

Herbs inc has a large share of its market and is tempted to collude with the few firms that are in its market. Herb operates in?

Answers

C. an oligopoly

Herbs Inc, being a company with a large share of its market and considering colluding with other firms, likely operates in an oligopoly market.

An oligopoly market structure is characterized by a small number of dominant firms that control a significant portion of the market. These firms often have the ability to influence market prices and outcomes. Collusion refers to an agreement between competing firms to coordinate their actions, typically by setting prices or limiting competition, in order to maximize their collective profits.

In an oligopoly, firms may be tempted to collude to reduce competition and increase their market power. However, collusion is generally illegal and can result in severe consequences such as fines and legal actions from regulatory authorities.

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Question:

Herb's Inc has a large share of its market and is tempted to collude with the few firms that are in its market Herb's operates in

A. a perfectly competitive market

B. collusively protected market

C. an oligopoly

D. a monopoly market

E a monopolistically competitive market

A stigmatized property is one: (a) Where physical damage makes it undesirable to buyers (b) That a historical society owns and maintains (c) Where a particular event has affected the desirability of the property (d) None of these are correct

Answers

Answer:

(C) Where a particular event has affected the desirability of the property

Explanation:

A stigmatized property is one that has been psychologically impacted by an event that occurred on the property or one that has been suspected to have occurred on that property. Such a property is now "stigmatized" because such an event will have a drastic effect on multiple values and aspects of the property.

a family farm that has been passes down from generation to generation is an example of an event in a

command economic system
traditional economic system
mixed-market economic system
pure market economic system

Answers

Answer:

Traditional economic system

Explanation:

It is being passed down from generation to generation

Which type of facility layout is seen in the given example? George works as an operations manager for a machine manufacturer. With the help of George's advice, the manufacturing plant has installed a separate set of machines for various processes, such as shearing, milling, drilling, and packing the product. The business is thus using _________ a layout

Answers

Answer: process

Explanation:just did the test on edmentum

Answer:

process

Explanation:

plato edmentum answer

In the long run, a firm in a perfectly competitive industry will supply output only if its total revenue covers its.

Answers

In the long run, a firm in a perfectly competitive industry will supply output only if its total revenue covers its total cost.

This is because in a perfectly competitive market, there are many firms that are selling a homogenous product, and each firm is a price taker, meaning they cannot influence the market price. Therefore, a firm can only earn normal profits in the long run, which is defined as the minimum amount of profit required to keep the firm in business.

If a firm is earning less than normal profits, it will exit the industry, and if it is earning more than normal profits, new firms will enter the industry, driving down the price and reducing profits. As a result, in the long run, firms in a perfectly competitive market will supply output only if their total revenue covers their total cost, which includes both explicit costs (such as wages, rent, and materials) and implicit costs (such as the opportunity cost of the owner's time and capital).

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At July 1, 2022, Landis Company sold the Ritter bonds for $3,090,000 immediate after receiving the interest payment. Assuming Landis Company has a portfolio of Available-for-Sale Debt Securities, what should Landis Company report as a gain(loss) on the bonds?

Answers

Answer:

76900

Explanation:

Fair Value of Ritter=3,180,000

Landis Purchased= 3,000,000

Rate = 8%

Time = 5 yrs

Bond sold = 3124,740

Rate = 7%

3,180,000- (3124,740 – 10,620 – 10, 980) =76900

Disposal Company operates a hazardous waste storage facility. Concerned that there may be a release of chemicals from the site, the company sells the property to Eager Developers Inc. If there is a release, the seller is most likely a. not liable because the site was sold before the release. b. liable. c. not liable because the company no longer operates the facility. d. not liable because the company was concerned about the release.

Answers

Answer:

b. liable.

Explanation:

Since in the question it is mentioned that there might be the release of chemicals from the site and the company sells the property to the eager developers so here if there would be the release so the seller would be liable as the parties who are potential responsible they recommended that the liabilities cant be avoided via ownership transfer

So the option b is correct

Who would benefit from the embargo against country x? who would be hurt by it? be sure to consider both producers in country x and foreign producers in other countries. explain your answer

Answers

The international locations have achieved the largest income beneficial properties as a end result of the rules-based global trading system, the file found.

The US benefited by way of $87 billion (€77.7 billion) in 2016, China with the aid of $86 billion while Germany reaped some $66 billion in financial rewards.

Does global alternate benefit negative countries?Increased Economic Resources

Developing nations can benefit from free exchange by way of increasing their quantity of or access to financial resources. Nations normally have constrained financial resources. Economic resources include land, labor and capital. Land represents the herbal assets discovered inside a nations' borders.

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