In a purely competitive industry:
a. there will be no economic profits in either the short run or the long run.
b. economic profits may persist in the long run if consumer demand is strong and stable.
c. there may be economic profits in the short run, but not in the long run.
d. there may be economic profits in the long run, but not in the short run.
Answers: 3
Business, 21.06.2019 14:10
Needs 83,000 optical switches next year (assume same relevant range). by outsourcing them, worldsystems can use its idle facilities to manufacture another product that will contribute $ 140,000 to operating income, but none of the fixed costs will be avoidable. should worldsystems make or buy the switches? show your analysis.
Answers: 3
Business, 21.06.2019 17:10
Acompany's income statement showed the following: net income, $145,000 and depreciation expense, $36,300. an examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $11,500; merchandise inventory increased $22,200; and accounts payable increased $5,500. calculate the net cash provided or used by operating activities. $209,500 $139,000 $176,100 $186,500 $142,100
Answers: 2
Business, 22.06.2019 06:40
After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?
Answers: 1
Business, 22.06.2019 22:20
As a result of a labeling mistake at the chemical factory, a farmer accidentally sprays weedkiller rather than fertilizer on half her land. as a result, she loses half of her productive farmland. if the property of diminishing returns applies to all factors of production, she should expect to seea. a decrease in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. b. an increase in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. c. an increase in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor. d. a decrease in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor.
Answers: 2
In a purely competitive industry:
a. there will be no economic profits in either the s...
a. there will be no economic profits in either the s...
English, 10.10.2019 15:50
Biology, 10.10.2019 15:50
History, 10.10.2019 15:50
Mathematics, 10.10.2019 15:50
Chemistry, 10.10.2019 15:50
History, 10.10.2019 15:50
Mathematics, 10.10.2019 15:50
History, 10.10.2019 15:50
Social Studies, 10.10.2019 15:50
Social Studies, 10.10.2019 15:50
Geography, 10.10.2019 15:50
Biology, 10.10.2019 15:50
History, 10.10.2019 15:50
Mathematics, 10.10.2019 15:50