Refer to Scenario 14-2. Suppose the firm is currently producing and selling 150 units of output. Should the firm increase its output to 151 units

Answers

Answer 1

There is no need to increase its output to 151 units because the marginal cost exceeds the marginal revenue. So, correct option is D.

In this scenario, the firm's current level of production is 150 units, and its average total cost is $24.50. If the firm produces and sells one more unit of output, its average total cost increases to $24.55. To determine if the firm should increase its output, we need to compare the marginal revenue (MR) and marginal cost (MC).

Since the firm is selling its output for a constant price of $40 per unit, the marginal revenue for producing and selling one more unit is also $40. If the marginal cost of producing and selling one more unit is less than $40, then the firm should increase its output. However, if the marginal cost is greater than $40, then the firm should not increase its output.

We do not have information on the marginal cost, but we know that the average total cost increases from $24.50 to $24.55 when the firm produces and sells one more unit.

Therefore, we can assume that the marginal cost is higher than $24.50. As a result, the correct answer is (d) No, because the marginal cost exceeds the marginal revenue.

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Complete question is:

Scenario 14-2 The information below applies to a competitive firm that sells its output for $40 per unit.

When the firm produces and sells 150 units of output, its average total cost is $24.50.

When the firm produces and sells 151 units of output, its average total cost is $24.55.

Refer to Scenario 14-2.

Suppose the firm is currently producing and selling 150 units of output. Should the firm increase its output to 151 units?

a. No, because the average total cost exceeds the marginal revenue.  

b. Yes, because the marginal revenue exceeds the average total cost

C. Yes, because the marginal revenue exceeds the marginal cost.

d. No, because the marginal cost exceeds the marginal revenue.


Related Questions

Business Application Identify the common testing procedures for the SDLC implementation at your organiza- tion. Evaluate whether they address the need for security with passive system code scanning. Evaluate the need for penetration testing and whether this has been done in the past. If penetration testing is not part of the SDLC process at your organization, identify a feasible solution for actively testing new software systems for compromise.

Answers

The Software Development Life Cycle (SDLC) is a methodology used for developing information systems and software applications. It encompasses several stages, each with its own testing procedures to ensure application quality. These stages include planning and requirements, design, implementation and development, and maintenance. Evaluating the testing procedures for security is crucial to enhance application security and integrity. This evaluation includes passive system code scanning, penetration testing, and actively testing new software systems for compromise.

1 ) Passive System Code Scanning:

  - Passive code scanning is currently not included in the testing procedures.

  - Incorporating passive code scanning is necessary to analyze software code for vulnerabilities and weaknesses.

  - Passive code scanning enhances security by detecting potential exploits that could be used by hackers.

2 ) Penetration Testing:

  - Penetration testing simulates real-world cyberattacks to assess application security.

  - It is an essential step in the SDLC testing procedures.

  - Penetration testing identifies vulnerabilities and weaknesses.

  - If not previously conducted, it is crucial to include penetration testing in the SDLC to ensure application security.

3 ) Feasible Solution for Actively Testing New Software Systems for Compromise:

  - The recommended approach is to employ a third-party penetration testing service.

  - Third-party penetration testers specialize in testing software applications for vulnerabilities.

  - They conduct comprehensive testing and provide detailed reports on weaknesses and vulnerabilities.

  - Using a third-party service ensures active testing of new software systems to prevent compromise.

By following these testing procedures, organizations can enhance the security and integrity of their software applications. Incorporating passive code scanning, conducting penetration testing, and utilizing third-party services for active testing are vital steps to ensure application security throughout the SDLC.

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In Keynes's view, an excess quantity of money demanded causes people to: a. sell bonds and the interest rate rises. b. increase speculative balances. c. buy bonds and the interest rate falls. d. buy bonds and the interest rate rises.

Answers

option c - buy bonds and the interest rate falls - would be the correct answer.According to Keynes, an excess quantity of money demanded would cause people to buy bonds, which in turn would cause the interest rate to fall.

This is because the increased demand for bonds would drive up their price, and as bond prices increase, their yields (or interest rates) decrease. Therefore, option c - buy bonds and the interest rate falls - would be the correct answer. It's worth noting that Keynes believed that changes in the money supply and demand could have significant impacts on the economy, and that government intervention (such as through monetary policy) was necessary to stabilize economic conditions.
According to Keynes's view, an excess quantity of money demanded causes people to:

a. sell bonds and the interest rate rises.

When there is an excess quantity of money in the economy, people have more money to invest. As a result, they tend to sell bonds to obtain higher returns from other investments. This increase in bond sales leads to a decrease in bond prices and a corresponding increase in interest rates.

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"A 67-year old woman has heavily invested her portfolio in growth securities. She realizes that as she approaches retirement, she needs to reallocate her portfolio for more income. However, she does not want to give up the growth objective. What would be the best investment recommendation for the funds that she will reallocate away from growth securities in her portfolio?"

Answers

Answer: Income stocks and blue-chip stocks

Explanation:

Income stock could be defined as an equity security that pays often with increase in dividends. They also offer a high yield which generates an overall returns. Individuals get rich off income stock but must be willing to take risk.

Blue-chip stock are shares of large and well known organization with an astute financial performance over the years, they've been capable of enduring the market with it's storms. They are known for giving high returns in a good market condition.

The best investment recommendation for the funds that she will reallocate away from growth securities in her portfolio is income and blue Chip stock based on what they offer.

What is the difference between following the law and acting ethically?

A. Following the law is not enforced but acting ethically is.

B. Following the law involves a set of rules; acting ethically involves your conscience.

C. Following the law involves doing what is right; acting ethically involves doing what is wrong.

D. Following the law is an option but acting ethically is not.

Answers

Answer:

Following the law involves doing what is right; acting ethically involves doing what is wrong

Explanation:

what is an example of entrepreneurship in community needs assessment? a. medline program b. nhanes survey c. healthy communities program d. healthy people 2030 campaign

Answers

Healthy People 2030 establishes data-driven national targets to improve health and well-being over the following ten years.

Achieve healthy, fulfilling lives and well-being free from avoidable sickness, disability, accident, and premature death are the main goals of Healthy People 2030. to improve health literacy, eradicate health disparities, develop health equity, and advance everyone's health and well-being. The social determinants of health are given more consideration in Healthy People 2030. (SDOH). Additionally, our partners are focusing on SDOH on a nationwide level. Through interventions, policies, and programs, they are working hard to improve people's environments. Healthy People 2030 has 358 primary quantitative targets in addition to research and development objectives. Healthy People 2030 establishes data-driven national targets to improve health and well-being over the following ten years.

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Project: Lifestyle Budget
Objectives
Consider areas of lifestyle.
Examine financial costs of a variety of lifestyle choices.
Determine lifestyle choice preferences.
Identify factors that alter lifestyle choices.
Download the Lifestyle Budget Project worksheet to your desktop and follow the instructions below.

There are thirteen categories in this Lifestyle Budget activity. Make a choice in each lifestyle budget category and place the cost of the option you choose into the blank line next to each category.

You must choose a dollar amount for each category. Type your choice on the right side next to the dollar sign.

Only one option may be selected in each category.

Once you have made all of your selections, use a calculator to add the total of your choices and enter that amount in the blank line next to the label Total Lifestyle Budget.

Upload the completed assignment as directed by the instructor.

The budget that we will create in this activity will include expenses for the following items:

Housing
Home insurance
Heating
Electricity
Food
Clothing
Medical expenses
Transportation
Auto insurance
Gas
Phone
Entertainment
Gifts

Answers

It should be noted that a lifestyle budget simply means the budget that can be used to plan one's revenue and expenses.

What is a budget?

A budget simply means the financial estimate of the income and expenditure. The areas of lifestyle that needs budgeting include electricity, housing, insurance, transportation, phone bills, electricity, etc.

It should be noted that the financial cost of our lifestyle choices have an effect on us and the economy as a whole. For example, factors such as income and prices of food affect our food choices. Other factors that alter lifestyle choices include marriage, habit, etc.

In conclusion, for the expenses that are listed, you have to attach a monetary value to each one.

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Answer:

Housing       =           80k-250k    or     rent      =     $750 monthly

Home insurance   =   $117 monthly

Heating =          $193 monthly

Electricity        =         $100 monthly

Food           =             $412 monthly

Clothing       =            $10 monthly?

Medical expenses  =  $1000 monthly

Transportation    =      $300-800 monthly

Auto insurance    =     $38 monthly

Gas                       =    same as transport wat

Phone              =         $127 monthly

Entertainment    =       $230 monthly  

Gifts             =             $54 monthly

TOTAL COST if you have a house = 2750 monthly about - house payment

TOTAL COST If you live in a apartment = 3500 monthly about

Explanation:     it was about time I gave back to the people of brainly thank you smart people for making Edge the easiest thing ever  

Has anyone ever had the thought of wanting more friends but you are so weary of the people around you that you are not sure? I am not petty but if your nothing but drama please unfriend me.

Answers

Answer:

I wanna be friends!

Explanation:

I like Anime

Answer:

I have

Explanation:

Which is submitted to the provider electronically and contains the same information as a paper-based remittance advice

Answers

Answer:

electronic remittance advice (ERA)

6. Describe at least three things a bank would consider about you when deciding whether to give you a loan. (1-3 sentences. 3.0 points)

Answers

Explanation:

Your Credit History

Your Ability To Pay The Loan

Your Cash Flow History

If you have $600 and you find an investment that annually yields 3%, how much interest would you earn in 15 years?

Answers

Answer:

$270.00 in 15 years

Explanation:

3% of $600 = $18.00 annually

$18.00 x 15 years = $270.00 interest earned

Reflective journal on impacts of unionization, why you choose
this topic and how it impacts on you?

Answers

I will provide you with a general explanation of a reflective journal on impacts of unionization.

What is unionization?

Unionization is the act of forming or joining a labor union to advocate for better working conditions, wages, and benefits.

How unionization impacts workers and organizations:

Unionization benefits workers by giving them a collective voice in negotiations with employers. Employees who belong to a union generally receive better wages, benefits, and working conditions. Unionized workers also have more job security and are better protected from discrimination, harassment, and unfair treatment in the workplace. However, unionization can lead to higher labor costs for employers and create tension between unionized and non-unionized employees. Organizations must also negotiate with union representatives on issues such as wages, hours, and working conditions, which can be time-consuming and costly.

How to write a reflective journal on impacts of unionization:

Begin by writing about why you chose this topic, and what you hope to learn from reflecting on it. As you continue to write, consider the following questions:-

How has unionization impacted workers and organizations?

- Have you ever belonged to a union or worked for an organization that was unionized?

How did this impact you?

- What are the benefits and drawbacks of unionization, from both the employee and employer perspective?

- What can be done to address the challenges and opportunities of unionization in today’s workforce?

- What role do you see unions playing in the future of work?

As you reflect on these questions, consider your personal experiences and opinions, and how they shape your understanding of the impacts of unionization.

Remember that the goal of a reflective journal is not to arrive at a single “correct” answer, but rather to engage in a thoughtful, honest, and open-ended exploration of a topic.

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Select the correct answer.
Some merchandisers design window displays.
A. True
B. False

Answers

this answer is true, because merchandisers design window displays, t shirts, and all kinds of stuff

Answer:

your answer would be (A)  True

Explanation:

a card issued by a bank that allows users to finance a purchase.

Answers

Answer:

Credit Card

Explanation:

Credit Card: Type of card issued by a bank that allows users to finance a purchase.

Select the correct answer.
What is the last step in the market research process?
O Apresenting findings
O B. analyzing information
O c. making decisions
OD. developing a research plan
O E. identifying the problem
Reset
Ne

Answers

Answer:

c. making decisions

Explanation:

The last step in marketing research is decision making.  This step involves presenting findings, drawing conclusions, and deciding on the course of action to take.

The objective of any research is the get solutions to a challenge. The time and resources used in the research will go to waste if the recommendations are not implemented. While all the research steps are critical, failing to act on the findings makes the entire process worthless. Market research is a strong input to a business decision.

Answer:

uhm see now making a decision is the last thing to do

Explanation:

y bc uh u plan then decide

PART D) Risks and Benefits of CBDCS • Some perspective of political economy would be helpful. What are the updated roles of governments, central banks, regulatory institutions?

Answers

Central Bank Digital Currency (CBDC) is a digital form of fiat currency. CBDC is similar to paper currency, except it can be digital and may be utilized in both peer-to-peer and business-to-business transactions. It is currently being discussed and considered by many countries around the world as a possible alternative to physical cash.

CBDCs might aid in the inclusion of people who have traditionally been excluded from the financial system, particularly the unbanked.

Risks of CBDCs:

1. Systemic Risk:

CBDCs may be susceptible to hacker attacks, cyber threats, and other risks, which can have far-reaching consequences for the financial system.

2. Privacy and Security:

CBDCs' transactions are traceable, which might make them less anonymous than cash and provide a pathway for governments to monitor financial transactions more closely.

3. Decline in Bank Deposits:

The introduction of CBDCs might lead to a decline in bank deposits if consumers use CBDCs for payments instead of depositing funds in banks.

4. Inadequate legal framework

The creation of a legal framework for CBDCs, which is necessary for their adoption, may be insufficient or not in place, and this might have a negative impact on their adoption.

Roles of governments, central banks, regulatory institutions:

CBDCs have the potential to revolutionize the payment system and improve financial inclusion. Governments, central banks, and regulatory institutions all play a critical role in CBDC development, rollout, and usage.

1. Central Banks:

Central banks will likely be the primary regulators of CBDCs since they are responsible for managing the nation's money supply and the monetary system.

2. Governments:

Governments will have a significant impact on CBDCs since they are responsible for establishing laws and regulations.

3. Regulatory Institutions:

Regulatory institutions will likely be involved in CBDCs' development and implementation, ensuring that they are secure, transparent, and available to all citizens.

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In which tab can you find features like New Slide, Slide Layout, and Reset Slide?

Answers

Answer:

in a techniol up coming

Which margin is at the very bottom of the page when printing worksheets?

top margin
bottom margin
header margin
footer margin

Answers

Answer:

Footer Margin

Explanation:

Just took this :)

Answer:

Footer Margin

Explanation:

3. What is journalising? State the rules of journalising based on the types of account with examples. ​

Answers

Answer:

One amount in the debit column must be equal to two or more amounts in the credit column or one amount in the credit column equals to two or more amounts in the debit column or under compound entry, a few debits will be equal to a few credits. The rule for journalising is the same as that of simple journal.

Explanation:

Journalizing is the process of recording a business transaction in the accounting records. ... Examine each business transaction to determine the nature of the transaction. For example, the receipt of a supplier invoice means that an obligation has been incurred.

I hope you all like this answer.

Mark as a brainlist.

rate my answer guys.

Thank you ❤️.

Explanation:

journalism is the practice of documenting a business translation account records

the rules of journalists are:-

1. debit purchase account and credit sales account.

2. debit expenses account and credit cash/bank account.

journatising example are:-

1. real account

2. personal account

3. nominal account

hope it helps you

thank you

of the seven appointed missouri real estate commission members, what's the breakdown of consumers

Answers

Unfortunately, the given question is incomplete and missing some important information. Specifically, the terms "consumers" and "breakdown" are unclear in the context of the question. Without a clearer understanding of these terms and their relevance to the question, it is not possible to provide a complete and accurate answer.Please provide more details and clarity so that I can assist you better.The Missouri Land Commission was made by a demonstration of the 61st General Gathering and supported by the lead representative on July 31, 1941. There are seven members of the Commission who can vote.

Six of those members must have worked as real estate brokers for at least ten years.The typical complete land commission in Missouri is 5.72%. This includes a buyer's agent commission of 2.76 percent and a listing agent commission of 2.96 percent. In Missouri, sellers typically pay for both agents' real estate commissions out of their sale proceeds at the closing.

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when the marketing manager at tony's pizza decided to target households with children ages 6 to 12 to reverse the sales trend in this segment, she was converting information into a(n)

Answers

Based on the fact that the marketing manager decided to target households that had children aged 6 to 12, this meant that she converted information into an action recommendation.

What is an action recommendation?

An Action Recommendation refers to when a trend is noticed on data or information that is derived for a specific purpose, such as the sales trend described, and then this information is used to make decisions that either reverse the trend, or continue it and take advantage of it.

The sales trend information showed the marketing manager that there was a need to reverse it and so she used the data to make the Action Recommendation of targeting homes with children aged 6 to 12.

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Describe the internal control issue in the following situation. The mail clerk opens the mail, records the receipts, and turns this record and the receipts over to the bookkeeper, who deposits the receipts in the bank. The bookkeeper then records the receipts in the customer accounts.

Answers

The internal control issue in the situation with the mail clerk opening the mail and recording the receipts, and the bookkeeper recording the deposits, is Segregation of Duties.

What is the Segregation of Duties internal control ?

The procedures, checks, and balances that must be put in place when a business expands are known as internal controls. Any component of your business, from IT to human resources, can be related to internal controls.

One important internal control is the separation of duties, which prevents employees from being able to commit fraud or errors while also covering them up while performing their regular duties.

The idea that managing a firm shouldn't be the responsibility of one person forms the cornerstone of segregation of roles. No one individual should be in charge of any task that could result in fraud or other illegal activities that could hurt the business.

This is why the mail clerk and the bookkeeper should not be doing the number of tasks that they do.

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Next, 2 cases will be presented that must be analyzed and where you will use the

concepts of mixed melting point, purity, etc. This must be documented in the part of the

conclusion of the report.

Case #l: A student performs two melting point media on a product

crystalline. In a determination, the capillary tube contains a sample of

approximately 1 to 2 mm in height and the melting range is 141°C to 142°C. In the

another determination, the height of the sample is 4 to 5 mm, and the melting range is

found at 141°C - 145°C. Explain the wider range of observed melting point

for the second sample. The melting point reported in the literature for the compound

is 143°C.

me

Case #2: You have an unknown compound found to be 120°C - 122°C,

based on the physical characteristics it is suspected that the unknown could be acid

Benzoic or succinic anhydride. Mixed melting point test was performed

found that the temperature range was 121°C - 123°C. Indicate the necessary steps

to determine identity and cal could be the same (explain).

Answers

In Case #1, the wider melting point range in the second determination suggests the presence of impurities or a mixture of compounds.

In Case #2, the mixed melting point falls within the suspected compounds' range, requiring further tests and comparisons to determine the identity of the unknown compound.

In Case #1, the wider range of observed melting points in the second determination can be attributed to the presence of impurities or a mixture of compounds within the sample. This suggests that the second sample is less pure compared to the first sample and may contain other substances with lower or higher melting points.

In Case #2, the mixed melting point test result falls within the range of the suspected compounds, benzoic acid and succinic anhydride. To determine the identity of the unknown compound, further steps can be taken. First, a comparison of the physical properties of the unknown compound with the known properties of benzoic acid and succinic anhydride can be made.

This includes considerations such as solubility, odor, and appearance. Additionally, other tests like chemical reactions or spectroscopic analysis can be conducted to confirm the identity of the compound. The final identification should be based on a comprehensive evaluation of all the data obtained from various tests and comparisons, ensuring a reliable determination of the unknown compound.

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In economics a computer bought by a firm for its account keeping is classified differently to a computer bought by an individual for playing games and surfing the internet. Explain why.

Answers

Answer:

12

Explanation:

Epson has one bond outstanding with a yield to maturity of 4% and a coupon rate of 8%. The company has no preferred stock. Epson's beta is 0.7, the risk-free rate is 2.7% and the expected market risk premium is 6%. Epson has a target debt/equity ratio of 0.4 and a marginal tax rate of 34%. Attempt 1/20 for 10 pts. What is Epson's cost of equity? Attempt 1/20 for 10 pts. What is Epson's capital structure weight for equity, i.e., the fraction of long-term capital provided by equity? Attempt 1/20 for 10 pts. What is Epson's weighted average cost of capital?

Answers

Epson's cost of equity is 6.9%.

To calculate Epson's cost of equity, we can use the Capital Asset Pricing Model (CAPM):

Cost of Equity = Risk-Free Rate + Beta * Expected Market Risk Premium
               = 2.7% + 0.7 * 6%
               = 6.9%

Epson's cost of equity is 6.9%.



To calculate Epson's capital structure weight for equity, we need to consider the target debt/equity ratio. The weight of equity can be calculated using the formula:

Equity Weight = 1 / (1 + Debt/Equity Ratio)
             = 1 / (1 + 0.4)
             = 0.7143 or 71.43%

Epson's capital structure weight for equity is 71.43%.


Epson's weighted average cost of capital is 7.2143%


To calculate Epson's weighted average cost of capital (WACC), we need to consider the cost of debt and the cost of equity. The formula for WACC is:

WACC = (Weight of Equity * Cost of Equity) + (Weight of Debt * Cost of Debt)
      = (0.7143 * 6.9%) + (0.2857 * Cost of Debt)

Since the coupon rate of the bond is 8%, we can assume that the cost of debt is 8%.

Therefore:

WACC = (0.7143 * 6.9%) + (0.2857 * 8%)
      = 4.9287% + 2.2856%
      = 7.2143%

Epson's weighted average cost of capital is 7.2143%.

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The (blank)
is responsible for scheduling work throughout the factory.
factory manager
production planner
first-line supervisor
industrial engineer

The (blank)is responsible for scheduling work throughout the factory.factory managerproduction plannerfirst-line

Answers

Factory manager. Manages the workers on the factory floor in a general manner...
Schedules, people calling out sick, vacation schedules, HR, help with hiring people, and a lot more.

Production planner’s job is to plan production specifically, not deal with a people’s work schedule.

First-line supervisor is on the floor, “front line”, dealing with daily issues involving the work itself (done by the workers... supervisor supervises).

The industrial engineer is the person who designs the project that the factory is working on (nothing to do with scheduling).

Answer:

Factory manager

Explanation:

i took the test

West Corp. issued 16-year bonds 2 years ago at a coupon rate of 9.5 percent. The bonds make semiannual payments. If these bonds currently sell for 99 percent of par value, what is the YTM?

Answers

Answer:

the YTM of the bond is 9.63%.

Explanation:

Bonds price in most countries is usually expressed per $100. Taking this price into account, the Yield to Maturity (YTM) would be calculated as follows :

Pv = $100 × 99% =  - $99

n = 14 × 2 = 28

pmt = ($100 × 9.5 %) ÷ 2 = $4.75

p/ yr = 2

Fv = $100

YTM = ?

Using a Financial Calculator, the yield to maturity, YTM is 9.6316 or 9.63%.

Which of the following is not an effective strategy for verbal communication?

A) Repeat facts back to the other person.

B) Speak in a respectful tone of voice.

C) Avoid slang or unfamiliar jargon.

D) Choose your vocal tone and pitch carefully.

Answers

Answer: A)

Explanation: Its not a effective strategy because if you repeat the acts the other peron will get tired of hearing you and it can turn into a boring conversation.

tech talent & personnel, inc., is a corporation. tech talent’s implied powers enable it to

Answers

A company is tech talent & employees, Inc. The inferred abilities of tech talent allow it to prospectus.

A group of people with a common goal who may be either natural, legal, or a combination of the two is referred to as a corporation, which is commonly shortened as "co. To accomplish clearly defined goals, the company's staff works together for a single cause. The many different forms that businesses can take include nonprofit organizations, nonprofit associations, for-profit businesses, financial institutions, banks, programs, and educational institutions, to name just a few. A company may be legally recognized as a separate entity through incorporation, which limits the company's liability as long as its members uphold the terms of the publicly disclosed incorporation or published policy. It may be necessary to liquidate a business after it has shut down in order to pay off debts.

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A manager who involves members of the team in decisions is using which management style?
A.
Authoritarian
B.
Hands-off
C.
Participative
D.
Autocratic

Answers

Answer:

c.

Explanation:

Answer:

i think its c) to

Explanation:

What does accounting help you achieve in an organization?

Answers

Answer:

Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management, and government with quantitative financial information which can be used in making business decisions.

Explanation:

Other Questions
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