Business, 16.06.2021 09:00 kittyrainbowsli1
Suppose a market for cheap sunglasses is in a long-run competitive equilibrium and that the price is $10. Every producer of sunglasses sells 5,000. A cloudy summer decreases the demand for sunglasses, which causes the market price to change. As a consequence, in the short run, will each firm sell more sunglasses, fewer sunglasses, or the same number of sunglasses? Also, describe what will happen in the long run?
Answers: 2
Business, 22.06.2019 13:40
Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.
Answers: 2
Business, 22.06.2019 15:10
Popeye produces 20 cans of spinach in 8 hours. wimpy produces 15 hamburgers in 10 hours. if each hamburger trades for 1.5 cans of spinach, then: a.wimpy’s production and productivity are greater than popeye’s. b.popeye’s production is greater than wimpy’s, but his productivity is less. c.wimpy’s production is greater than popeye’s, but his productivity is less. d.popeye’s production and productivity are greater than wimpy’s.
Answers: 3
Business, 22.06.2019 20:30
Almeda products, inc., uses a job-order costing system. the company's inventory balances on april 1, the start of its fiscal year, were as follows:
Answers: 2
Business, 22.06.2019 22:10
Which of the following tends to result in a decrease in the selling price of houses in an area? a. an increase in the population of the city or town. b. an increase in the labor costs of construction. c. an increase in the income of new residents in the city or town. d. an increase in mortgage interest rates.
Answers: 1
Suppose a market for cheap sunglasses is in a long-run competitive equilibrium and that the price is...
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