Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1. Firms exist for all but which one of the following reasons? To reduce transactions costs To produce things To organize teams To monitor shirking To reduce the costs of buying Question 2. Nonprofit firms, both private and governmental, may differ in behavior from profit-seeking private firms because A) there is no residual claimant. B) the demand for the products is inherently different. C) government managers seek more capital-intensive means of production. D) government firms are more difficult to manage. E) private firms do not compete with government firms. Question 3. The long-run decision is to select the desired long-run AC curve. the desired short-run AC curve. the desired long-run MC curve. the desired quantity of labor to go with fixed capital. the plant size to go with the fixed quantity of labor. Question 4. A firm exists to : make money. organize information. make resources. transform inputs into marketable outputs. transform products into commodities. Question 5. Last spring, Coil Spring Co. reported that average fixed costs had increased, but average variable costs were unchanged. This indicates that : A) marginal costs are less than average variable cost but greater than average cost. B) fixed costs have increased. C) output is declining. D) marginal costs have increased. Question 6. In the short run, : all inputs are variable. some inputs are variable and some are fixed. all inputs are fixed. the time period cannot exceed one year. Question 7. Which of the following is most likely to be an implicit cost of production? Wages paid to skilled workers Payments for inputs purchased from other companies Interest paid on a loan Rental income from real property Rental income not received from use of a self-owned piece of land Question 8. Ralph's Travel Agency had accounting profits of $50,000 and implicit costs of $30,000. What were economic profits? $50,000 $30,000 $20,000 The amount cannot be determined from the information given. Question 9. An example of a horizontally integrated firm is one that : owns several plants, each handling a different stage of production. produces a variety of goods and sells them in widely disparate markets. owns several plants, each manufacturing the same product. owns several plants in the same state. uses highly automated assembly line techniques. Question 10. Because of diminishing marginal product in the short run, a tripling of the total product (assuming input prices are constant) requires : a tripling of marginal cost. a tripling of total cost. less than a tripling of total variable cost. increased average fixed cost. more than a tripling of total variable cost.
research the university library and internet and select a recent news article concerning trends in consumption
If some auction participants for crude oil field leases have estimates that the oil in the ground is worth $1.2 million, $1.3 million, or $1.5 million with certainty; and other auction participants have estimates that the same oil f..
The greater the number of different goods available in an economy, A) the less likely it is that a double coincidence of wants will exist, and the less likely it is that monetary exchange will develop B) the less likely it is that a double coincid..
Suppose you are an industrialist begninning a biotechnology company. If your research is successful, technology can be sold for $30 million. If your research is unsuccessful, it will be worth nothing.
1. according to some translations nobel laureate albert einstein once said god does not play dice with the universe.
Financial markets make it possible for those who have saved money to earn a reward by providing the financing for business formation and expansion. Business owners can seek financing through the stock market, the bond market, or the banking sector..
Diminishing marginal utility explains a lot about consumer behavior in the economy. Select a specific consumer behavior and construct a "mini case study" that highlights the workings of marginal utility and how it affects the consumption pattern.
Forecast the data for 2000 again in problem 1 with exponential smoothing with w=0.3 and w=0.7. Compare RMSEs for moving average and exponential smoothing forecasts to answer if this is a better forecast than the moving average?
please answer all 3 questions using apa 6th edition format style site any paraphrasing or quotes that are used in the
Sally is planning opening her own new beauty salon. She anticipates the following expenses per year, Furniture: $20,000 Additionally, Sally is withdrawing $34,000
Determine GDP,NDP,GNP,NNP,NI,PI,DI,S. Comment on savings magnitude that you have determined.
complete the supply and demand simulation located on the student website.write 700 - 1050-word paper of no more than
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd