Short-run production costs Go to lesson page Tuma Unlimited produces noodles in a perfectly competitive market. Its average total costs, marginal costs, and average variable costs have all decreased, but its average fixed costs haven't changed. Which of the following would cause these changes?

Answer:

divisional

Explanation:

-A simple structure s a structure in which there is little specialization and there is a central authority that controls everything and has the power.

-Functional structure is a structure in which a company is divided in groups according to specialized activities. Because of this specialization, companies with this structure can increase productivity but the communication is rigid and the cooperation between departments is difficult.  

-Divisional structure is a structure in which there are different divisions and each one concentrates on a specific product or service and has all the functions and resources for that. This structure can create inefficiencies because the specialized functions are separated but the results of one division don't affect the other ones.

-Matrix structure is a structure in which employees report to more than one manager and it is used in companies that have different lines to have more flexibility and increase productivity.

According to this information and the statement, the answer is that this is an example of divisional stucture because in this structure each division has its own resources and specialized functions and because of that the results are based on the effectiveness of the managers but as each division has its own specialized functions, this creates inefficiencies.

The Federal Reserve's monetary policy actions can influence the exchange rate through several channels. One of the primary ways is by adjusting interest rates. When the Federal Reserve increases interest rates, it makes domestic investments more attractive, leading to an inflow of foreign capital. This increased demand for the domestic currency strengthens its value relative to other currencies, causing an appreciation in the exchange rate.

Conversely, when the Federal Reserve lowers interest rates, it can decrease the attractiveness of domestic investments, leading to a decrease in foreign capital inflows. This reduced demand for the domestic currency can weaken its value relative to other currencies, causing a depreciation in the exchange rate.

Additionally, the Federal Reserve's monetary policy actions can influence inflation expectations, which in turn affect the exchange rate. If the Federal Reserve implements policies that are perceived as inflationary, it can lead to expectations of currency depreciation, resulting in a lower exchange rate.

Overall, the Federal Reserve's monetary policy actions, particularly those related to interest rates and inflation expectations, can have a significant impact on the exchange rate.

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If banks decide to hold some of their excess reserves instead of holding them all out then the money supply in the economy decreases.

Given an incomplete sentence related to the excess reserves.

We are required to fill the result of the holding of the excess reserves in the economy.

Money supply is the amount of money that exists in the economy at a particular point of time. There are various measures in calculation of the money supply. Reserves are the part of the deposits that the banks have to maintain with themselves.

When the banks decide to hold some of their excess resources instead of lending them then the money supply in the economy decreases because the money supply increases when banks give the loans to public.

Hence if banks decide to hold some of their excess reserves instead of holding them all out then the money supply in the economy decreases.

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With a 5% discount coupon, Chris will receive a discount of $75 on the $1500 TV he wants to buy from Best Buy.

To calculate the amount of the discount, we multiply the original price of the TV ($1500) by the discount rate (5%). The discount rate is expressed as a decimal, so 5% is equivalent to 0.05. To calculate the discount amount, we first need to determine 5% of the original price. The original price of the TV is $1500. To find 5% of $1500, we multiply $1500 by 0.05, which gives us $75. This means that the discount Chris will receive is $75. By applying the coupon, Chris can save $75 on the TV's original price.

Discount = Original price * Discount rate

Discount = $1500 * 0.05

Discount = $75

Therefore, Chris will save $75 on the TV by applying the 5% discount coupon.

Chris will receive a discount of $75 on the TV he plans to purchase from Best Buy. This discount is calculated by taking 5% of the original price, which is $1500 multiplied by 0.05, resulting in $75. By using the coupon, Chris can save $75 on the TV.

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Answer:

To reduce risks against default.

The maximum amount of additional cost that you are willing to pay for more units of resource 1 would depend on several factors, including the value derived from each additional unit of resource 1 and the overall cost-benefit analysis.

To determine the maximum additional cost you are willing to pay, you would need to assess the marginal benefit derived from each additional unit of resource 1. If each additional unit of resource 1 provides substantial value or contributes significantly to your desired outcome, you may be willing to pay a higher premium cost.

However, it is essential to conduct a cost-benefit analysis to evaluate whether the incremental cost is justified by the corresponding increase in value or benefits gained. If the cost outweighs the benefits or the marginal utility diminishes with each additional unit, you may be less willing to pay a higher premium cost.

Ultimately, the maximum additional cost you are willing to pay for more units of resource 1 depends on your individual preferences, the specific context, and the trade-offs between cost and value in the given situation.

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Market resources would a producer buy the equipment and technology needed to manufacture bicycles.

What other names are given to the market system?

A market economy, usually referred to as a free market or free enterprise economy, is a system in which supply and demand governs economic decisions, including those pertaining to things like the prices of goods and services.

What is management of market resources?

The term "marketing resource management" (MRM) refers to a method of marketing administration that concentrates on the full pool of resources available to the marketing team, including personnel and financial resources. Management of production procedures, external vendors, and even digital asset management are all included.

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Answer:

The cash a/c is debited as it is an asset for the business and the capital a/c is credited as it is a liability for the business according to the business entity concept.

Trial balance:  is not a part of an account. A trial balance is a financial report that displays the general ledger's closing balances for all accounts at a certain moment in time. Thus, option B is the correct option.

A trial balance is a list of every general ledger account in a company's ledger. Each nominal ledger account's name and current balance amount will be included in this list. Either a debit balance or a credit balance will be present in each nominal ledger account.

The trial balance will show the credit value balance in the credit column and the debit balance values in the debit column. The ledger accounts mentioned on the same balance may then be used to construct the trading profit and loss statement, balance sheet, and other financial reports.

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The two important entrepreneurial personality traits are tolerance of uncertainty and high energy levels. Hence, Option (B) is correct.

Entrepreneurs must be tolerant of uncertainty because starting and running a business involves inherent risks and unpredictable outcomes.

They face numerous challenges, from market fluctuations to competition and unforeseen obstacles.

Tolerating uncertainty means they can handle the stress and pressure associated with these situations, adapt to changing circumstances, and make informed decisions amidst ambiguity.

High energy levels are crucial for entrepreneurs because they often work long hours, face multiple responsibilities, and encounter numerous demands.

Entrepreneurship requires dedication, passion, and a relentless drive to achieve goals.

Thus, these two traits, that are tolerance of uncertainty and high energy levels, are foundational for entrepreneurs.

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Which of the following best describes entrepreneurial personality traits?

A.  Risk-averse and self-nurturing

B. Tolerant of uncertainty and highly energetic

C. Appreciative of direction from others and risk-averse

D. Preference for working fewer hours and letting others do the footwork

IBM is a multinational technology company that operates globally and has a well-established international marketing plan strategy.

One of their main strategies for international market entry is through strategic partnerships and alliances. By forming partnerships with local companies in different countries, IBM can gain access to local knowledge, networks, and resources.

For example, in China, IBM partnered with Chinese companies to create joint ventures to tap into the Chinese market.

Another strategy that IBM uses is localization. They tailor their products, services, and marketing campaigns to meet the specific needs and preferences of different international markets. For instance, IBM offers localized versions of their software and solutions that are adapted to the language, culture, and regulatory requirements of each market.

Furthermore, IBM focuses on building strong relationships with customers and providing excellent customer service. They invest in customer support centers in different countries to ensure timely and efficient assistance for their international customers.

In summary, IBM's international marketing plan strategies include forming strategic partnerships and alliances, localizing their products and services, and prioritizing customer relationships and support. These strategies enable IBM to successfully enter and compete in international markets.

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Answer:

5 hours

Explanation:

(h = hour)

Wavy Dave's:

h1=20 + 17.50= 37.50

h2= 20 + 17.50 + 17.50 = 55

h3= 20 + 17.50 + 17.50 + 17.50 = 72.50

h4 = 20 + 17.50 + 17.50 + 17.50 + 17.50 = 90

h5= 20 + 17.50 + 17.50 + 17.50 + 17.50 + 17.50 = 107.50

Sun'N'Fun:

h1= 30 + 15 = 45

h2= 30 + 15 + 15 = 60

h3= 30 + 15 + 15 + 15 = 75

h4= 30 + 15 + 15 + 15 + 15 = 90

h5= 30 + 15 + 15 + 15 + 15 + 15 = 105

The employer should fill out the w-2 form.An employer is an individual  that hires another individual .

A form is a document with blank spaces for users to fill out or check options for a collection of documents with related contents. The printed portions of the documents are typically the same, excluding perhaps a serial number. When filled out, forms can be statements, requests, orders, etc.; a check can be a form. A person or a company that offers one or more people a paying job is referred to as an employer. (An example of your employer is the business you work for.) An employer is someone who hires workers to perform work and duties for them while an employee is someone who works for a company and receives a salary.

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Answer: It is found near the outside of Earth.

Explanation:

When Company A stops emitting pollution or lowers air pollution, a pollution credit may be created.

The federal Clean Air Act of 1990 (CAA) gave businesses a mechanism to comply with rules meant to reduce air pollution through the creation of pollution credits. Since 1995, a "cap and trade" system developed by the Environmental Protection Agency (EPA) and other states has given utilities and businesses permission to emit a set amount of particular pollutants. While assisting in upholding the requirements necessary to preserve cleaner air, this approach gives businesses considerable flexibility in their compliance. By voluntarily lowering its polluting emissions below the EPA's set limitations, a business can obtain pollution credits. After then, earned credits can either be sold to another business that struggles to keep its emissions within legal bounds or stored for later use.

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The South was at the center of American commerce and diplomacy due to its strategic geographical location, agricultural wealth, and control over key natural resources such as cotton, tobacco, and rice.

The South's prime location along the Atlantic coastline provided easy access to both domestic and international trade routes. Its warm climate and fertile land made it ideal for cultivating cash crops like cotton, tobacco, and rice, which were in high demand and generated significant wealth. The South's agrarian economy fueled the growth of industries such as shipping, manufacturing, and finance, attracting commerce and investment. Additionally, the South's influential political figures, known as the "Southern aristocracy," held prominent positions in the federal government, enabling them to shape American diplomacy and advance their region's interests. These factors combined to make the South a hub of commerce and a powerful player in American diplomacy.

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The country can produce them at a lower cost than our domestic manufacturers of that good because we will increase our total surplus since revenues will be generated from the tariff. (option c).

Tariffs are taxes imposed on imported goods to make them more expensive and less competitive with domestically produced goods.

Imposing tariffs on manufacturing goods from a country that produces them at a lower cost than our domestic manufacturers may lead to several outcomes.

Another possible outcome is that our domestic manufacturers may benefit from the tariff by becoming more competitive and creating jobs, leading to a larger economy than if we had not imposed the tariff.

Moreover, imposing tariffs on manufacturing goods may not increase our total surplus since revenues generated from the tariff may be offset by the higher cost of goods and reduced demand, leading to a decrease in consumer surplus.

So, the right choice is (c).

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Answer:

D

Explanation:

Just imagine yourself being in a work place or in a library, where you have other person's around you. And you're browsing through a site, then suddenly a video pops up and started playing automatically at the highest level. Can you imagine the kind of situation that would be created at that instance? Very awkward.

So therefore, marketer should apply caution when it comes to including video that plays automatically. This will avoid creating such kind of awkward situation for users at work.

Answer: D

Explanation: Just took the quiz

In the CRM process cycle, knowledge discovery is the process of analyzing the customer information acquired through various customer touchpoints.

CRM is an abbreviation for customer relationship management and it can be defined as a process which typically involves combining strategies, techniques, practices, and technologies, so as to effectively and efficiently manage an organization's customer information (data), in order to improve and enhance customer satisfaction.

Additionally, good customer relationship management (CRM) helps the employees working in an organization to ensure their customer are well satisfied and happy with their service at all times.

Knowledge discovery is one of the phases of customer relationship management (CRM) process cycle and it typically involves an analyzing of customer information that are acquired through various customer touchpoints.

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The marginal cost of producing the 10th surgical mask is $0.20. This is calculated by taking the difference between the average total cost of producing 10 surgical masks ($7) and the average total cost of producing 9 surgical masks ($6), which is $1. Therefore, the marginal cost of producing the 10th surgical mask is $1 / 10 = $0.20.


To calculate the marginal cost, we can use the formula:

Marginal cost = Change in total cost / Change in quantity

In this case, the change in total cost is the difference between the average total cost of producing 10 surgical masks and the average total cost of producing 9 surgical masks:

Change in total cost = $7.00 - $6.00 = $1.00

The change in quantity is the difference between the number of surgical masks produced:

Change in quantity = 10th

So, the marginal cost of producing the 10th surgical mask is:

Marginal cost = $1.00 / 10 = $0.10 ≈ $0.20

Therefore, the marginal cost is option b) $0.20.

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Small enterprises and organizations that pay taxes through the personal tax returns of their owner(s) frequently employ cash basis accounting.

Cash basis accounting is a method of accounting where a business records its transactions based on the actual cash received or paid out. Under this method, revenue is recorded only when cash is received from customers, while expenses are recorded only when cash is paid out. This means that there is no recognition of accounts payable or accounts receivable, and the timing of revenue and expenses is based solely on the movement of cash in and out of the business. Cash basis accounting is generally used by small businesses with a relatively simple financial structure, as it does not require complex bookkeeping or accounting practices. However, it may not provide an accurate picture of the financial health of a business, especially if it has large accounts payable or receivable balances.

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Option C. The solution that would tell us the valid claim based on the money supply in the economy is that The Fed should be controlled by the people, as money supply changes should be publicly voted upon.

The total amount of money—cash, coins, and balances in bank accounts—in circulation is known as the money supply. The money supply is typically understood as a collection of secure assets that individuals, businesses, and governments can use to make payments or hold as short-term investments.

The term "money supply" refers to both the population's access to and the amount of money that can be used in a nation's economy. Bank-held demand deposits and currency are the two halves of the supply of money. Coins and paper money are the two forms of currency that are produced.

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Answer:

 The Fed is essential to a stable economy, as an unregulated money supply can spike inflation.

Explanation:

just took the test

Answer: an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.

Answer:

an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.

Explanation:

An APR of 11.10% with quarterly compounding is equivalent to a monthly discount rate of approximately 2.82%.

To calculate the equivalent monthly discount rate, we need to consider the compounding period and adjust the APR accordingly. In this case, the APR is 11.10% with quarterly compounding, meaning the interest is compounded four times a year.

To find the monthly discount rate, we need to convert the quarterly rate to a monthly rate. Since there are three months in a quarter, we divide the annual rate by 4 to get the quarterly rate. Thus, the quarterly rate is 11.10% divided by 4, which is approximately 2.775%.

Next, we need to convert the quarterly rate to a monthly rate. Since there are three months in a quarter, we take the cube root of the quarterly rate to get the monthly rate. So, the monthly rate is approximately the cube root of 2.775%, which is approximately 0.0282 or 2.82%.

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The maximum amount of rent that Mike can deduct this year depends on the accounting method he is using. That is $ 2800 under the cash method and $ 8400 under the accrual method.

If Mike is using the cash method of accounting, he can deduct the rent payments that he actually paid during the tax year. Since he started the business on September 1st, he would have paid rent for the months of September, October, November, and December, a total of 4 months. Therefore, the maximum amount of rent that he can deduct this year is $700 x 4 = $2800.

If Mike is using the accrual method of accounting, he can deduct rent payments for the period that he is entitled to the use of the property, regardless of when he paid the rent. Since he started the business on September 1st and paid 12 months of rent in advance, he is entitled to use the property for the entire year. Therefore, the maximum amount of rent that he can deduct this year is $700 x 12 = $8400.

It's important to note that if Mike elected to use the cash method of accounting, he must stick with it for at least the first year of business and for future years unless he receives the IRS approval to change it.

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Answer:

hope it helped

Explanation:

1. Certain

2. Risk

3. Uncertainty

Answer:

1. Certain

2. Risk

3. Uncertainty

Explanation:

Answer:

$38,265

Explanation:

Beg RE = $29,825

Plus Net Income = $6,540

Minus Dividends = ($2550)

Plus New Stock = $4450

Ending RE = $38,265

Based on the information given, no revenue will be recognized.

It should be noted that the revenue is recognized when the title to the goods passes from the seller to the buyer.

Therefore, revenue is to be recognized only when control is transferred

This occurs when the entity has a present right to payment for the asset. This didn't occur based on the information given. Therefore, no revenue will be recognized.

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