Answer:
True
Explanation:
Five fishermen live in a village and have no other employment or income-earning possibilities besides fishing. They each own a boat that is suitable for fishing but which has no resale value. Fish are worth $5 per pound, and the marginal cost of operating the boat is $500 per month. The fishermen all fish a river next to the village. According to the following schedule, the fishermen have determined that, when there are more of them out on the river fishing, they each catch fewer fish per month.
Boats Fish Caught per Boat (pounds)
1 200
2 190
3 175
4 155
5 130
If each fisherman acts in his own best interest, will he continue to operate his boat each month? Why or why not?
Answer:
Answer : Per boat operating cost = $500 per month.
Price of fish = $5 per pound.
There are 5 fishermen and each fisherman has 1 boat.
Explanation:
sorry its too short my brain is ded xD
Each fisherman will continue operating their boat each month despite decreased fish catches, as the positive profits outweigh having no income.
Profit = (Fish Caught per Boat × Price per Pound) - Marginal Cost
Fisherman 1: Profit = (200 × $5) - $500 = $500
Fisherman 2: Profit = (190 × $5) - $500 = $450
Fisherman 3: Profit = (175 × $5) - $500 = $375
Fisherman 4: Profit = (155 × $5) - $500 = $275
Fisherman 5: Profit = (130 × $5) - $500 = $150
Each fisherman will continue operating his boat each month even though there are more fishermen using the river, catching fewer fish per boat because the positive profits from fishing ($5 per pound) outweigh the marginal cost of boat operation ($500 per month) ensuring some income.
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Which QuickBooks Online report answers the common business question: "Who owes me money?"
Answer:
Accounts Receivable Aging report.
Explanation:
Because you're receiving money.
A firm can establish a sustainable competitive advantage over competitors if:
Answer:
it provides its customers benefits similar to its competitors but at a lower price
Explanation:
N/A
A firm can establish a sustainable competitive advantage over competitors if they are outperforming another contender.
What is firm?When a business offers its clients advantages similar to those of its rivals but at a cheaper cost, it has an edge over its competitors. This is caused by the fact that all creates its goods at a considerably lower price than its rivals.
When a company consistently beats its rivals, it would have a competitive edge. By offering products that are comparable to those of its opponents at a cheaper cost, a business might obtain an edge over its competitors.
When a company consistently beats its rivals, it would have a competitive edge. By offering products that are comparable to those of its opponents at a cheaper cost, a business might obtain an edge over its competitors.
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3. Identifying the Problem, Defining the Purpose, and Collecting Data Business reports require planning. Before you begin writing a report, you should define the project and gather data. In order to determine the problem your report will help to solve, you should first . What are the typical sources for gathering factual data for informal reports
The first step to show the problem the report focuses on is writing a clear problem statement. On the other hand, the most common sources for informal reports include observations, electronic sources, and printed materials.
In companies, the purpose of most reports is to describe or a process in a detailed way. In the case of reports that focus on problems, these reports aim at explaining through accurate data a problem or issue in the company.
One of the first elements in these reports is a clear problem statement, this means the problem the reports explain is summarized in a short but clear and accurate statement. This statement is usually one of the first elements in the report because it helps the writer know what the report is about.
On the other hand, reports need to illustrate and explain the problem based on realistic and accurate data. Because of this to write a report sources such as articles, observations, printed documents, etc.
In the case of informal reports the most common sources are:
Observations: Information you obtain by monitoring a process or phenomenon.Electronic sources: Information related to the problem found on the internet or in electronic records.Printed materials: Documents such as letters, reports, etc. that provide information about the problem.Learn more in: https://brainly.com/question/11509805
In addition to the UFMIP (up-front mortgage insurance premium), the owner-occupant borrower who decides to use an FHA mortgage loan will normally pay an additional annual mortgage insurance premium (MIP) that depends on the loan-to-value ratio and the term of the loan. As of 2019, the MIP ranged from ____________ percentage of the average annual loan balance
As of 2019, the MIP ranged from 0.8 percent to 1.05 percent of the average annual loan balance.
This is usually based on the MIP on a 30-year loan range. Alternatively, the MIP ranges between $800 to $1,050 for every $100,000 borrowed.
The exact amount of MIP to be paid by borrowers depends on the actual amount borrowed and the down payment or equity made.
MIP stands for Mortgage insurance premiums which the Federal Housing Administration mortgage borrowers pay.
Hence, in this case, it is concluded that the correct answer is 0.8 percent to 1.05 percent.
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Consider that your income has decreased this year from $50,000 to $10,000. You bought 2 quantities of product B last year and decide to purchase 9 quantities of product B this year. Keeping all other factors the same, which statement is correct regarding your income elasticity of demand and product B?
The statement that is correct regarding the income elasticity of demand and product B is E. The income elasticity of demand is -0.95 and the designer jeans are considered inferior goods.
From the complete question, the elasticity of demand will be calculated thus:
= (9 - 2)(50000 + 10000) / (2 + 9)(10000 - 50000)
= -420/440
= -0.95
Therefore, the income elasticity of demand is -0.95 and the designer jeans are considered inferior goods since it has a negative income elasticity of demand.
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What is the economics
In people focus primarily on individual rights, roles, and achievements
Answer: individual
Explanation:
Which of the following is NOT a factor of production?
A) mineral resources
B) money
C) a computer programmer
D) a commercial aircraft
is it c?
Answer:
yes it is C.
Explanation:
you're welcome
Pacific Ink had beginning work-in-process inventory of $1,070,790 on October 1. Of this amount, $436,900 was the cost of direct materials and $633,890 was the cost of conversion. The 65,000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs During October, 136,000 units were transferred out and 47,000 remained in ending inventory. The units in ending inventory were 80 percent complete with respect to direct materials and 40 percent complete with respect to conversion costs. Costs incurred during the period amounted to $3,390,200 for direct materials and $4,343,130 6.00 points
Required
(1) Compute the equivalent units for the materials and conversion cost calculations.
(2) Compute the cost per equivalent unit for direct materials and for conversion costs using the weighted-average method. (Round your answers to 2 decimal places.) Officulty 2 Medium Objective: 08-0 600 points Compute the costs of goods transferred out and the ending inventory using the weighted- average method. (Round intermediate calculations to 2 decimal places.) Ending inventory
Answer:
hello dummy
Explanation: hoy hoy hoy
During each stage of a product's life cycle, the types and levels of sales, profits, and competition rise, peak, and eventually decline.
a. True
b. False
Answer:
a
Explanation:
this is due to the initial uptake for the product . it levels to repeat customers but others drop off the sales due to other reasons
Acellus: into to accounting ?
sorry I don't know this question can you explain it
What principle of corporate governance requires companies to operate in ways that respect the social and legal relationships they have with employees and creditors, among others?
A. Interests of other stakeholders
B. Integrity and ethical behavior
C. Integrity and ethical behavior
D. Disclosure and transparency
Answer:B
Explanation:
Explain 3 factors that change supply elasticity.
Answer:
There are numerous factors that impact the price elasticity of supply including the number of producers, spare capacity, ease of switching, ease of storage, length of production period, time period of training, factor mobility, and how costs react.
Bramble Corp. is planning to sell 200 buckets and produce 880 buckets during March. Each bucket requires 100 grams of plastic and one-half hour of direct labor. Plastic costs $ 10 per 100 grams and employees of the company are paid $ 18 per hour. Manufacturing overhead is applied at a rate of 110% of direct labor costs. Bramble has 1000 kilos of plastic in beginning inventory and wants to have 1000 kilos in ending inventory. How much is the total amount of budgeted direct labor for March
16. A est is NOT showing ons of intoxication but a server who has been monitoring the rest is concerned about the number of drinks the quest has consumed. What should the server do in this situation?
Continue serving the guest but stop when the guests how’s signs of intoxication
Continue serve the guest because he or she can deally handle more alcohol than the average person
stop sere koho to the puest because the post may have a tolerance to alcohol
Ask the quest to leave the establishment immediately
Answer:
Some of the choices seem to have some spelling mistakes but:
The server should stop serving alcohol and if the guest becomes combative/belligerent, ask the guest to leave.
Explanation:
Signs of intoxication might not be immediate, so after a few drinks, the server should stop serving. If the man is a disturbance/combative, the server should call the police department.
There are good ways to handle quest. The server should continue serving the guest but stop when the guests show’s signs of intoxication.
There are different ways to handle an intoxicated customer in a restaurant. The best way is to offer the customer some coffee or food, as a replacement for a drink.
Do call a cab or order a ride home for the customer and never let them drive. Note that a customer may becomes angry, but be patient and escort them outside of the restaurant and call the police if it becomes more than you can handle.
Note that you should not stop serving the guest unless there is signs of intoxication as it will be very rude to do so without any signs shown by the guest.
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A/An ____________ tone of voice will help customers feel confident that you’re there to help. A.Superior B.indifferent C.monotone D.Enthusiastic
Answer:
D
Explanation:
enthusiastic it makes customers feel like you care
pls mark brainliest
Gay and Joy developed a neat Bento box for children. The shape of the containers encourages healthy eating, and it is very popular. They have been paying another company to manufacture the boxes for them but are interested in manufacturing the boxes themselves. They’ve developed the following cost estimates:
Sales (100,000 units) $ 1,000,000
Costs: Fixed Variable
Raw Materials $ 0 $ 300,000
Direct Labor 0 200,000
Factory Costs 100,000 150,000
Selling and Administrative
Costs 110,000 50,000
Total Costs $ 210,000 $ 700,000
Operating Income $ 90,000
1. How many units will Gay and Joy need to sell to breakeven?
If Gay and Joy developed a neat Bento box for children. The shape of the containers encourages healthy eating, and it is very popular. How many units will Gay and Joy need to sell to breakeven is: 70,000 units.
First step is to determine the selling price
Selling price = $1,000,000 / 100,000 units
Selling price = $10
Second step is to determine the Variable cost per unit
Variable cost per unit =$700,000 / 100,000 units
Variable cost per unit = $7
Third step is to calculate the Contribution margin per unit using this formula
Contribution margin per unit = Selling price - Variable cost
Let plug in the formula
Contribution margin per unit = $10 - $7
Contribution margin per unit = $3
Fourth step how many units will Gay and Joy need to sell to breakeven
Using this formula
Break even= Fixed cost / Contribution per unit
Break even = $ 210,000 / $3
Break even =70,000 units
Inconclusion if Gay and Joy developed a neat Bento box for children. The shape of the containers encourages healthy eating, and it is very popular. How many units will Gay and Joy need to sell to breakeven is: 70,000 units.
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Define sociology? Types sociology?
Explanation:
Sociology is the study of social change, social life, and the social causes and effects of human behavior.
The two major types of sociology that were joined are qualitative and quantitative. Quantitative has to do with how much/ numbers while qualitative has to do with first hand research like interviews etc.
At the profit-maximizing output rate, what is the average total cost?
Your job right now is to finish reading chapter 14. How strongly would you be motivated to do that if you were sweating in a room at 105 degrees Fahrenheit? Imagine your roommate has turned on the air-conditioning. Once you are more comfortable, are you more likely to read? Look at Maslow's hierarchy of needs to see what needs would be motivating you at both times. Now recall a situation in your home, school, or work life in which you were feeling particularly motivated to do something. Which of the needs identified by Maslow motivated you then? (Required at least 300 words).Original Post due by Friday 10/29/2021 (50% of the grade)
Answer:
we're is the picture of the questions
Which of the following is most unlikely to present a barrier to entry into a market?
Select one:
a.
market forces
b.
patent laws
c.
technological advantages
d.
deregulation
The factor which is most unlikely to present a barrier to entry into a market is deregulation.
Deregulation is the removal or reduction of regulations in order to help stabilise an economy or to give traders a free market
As a result of this, we can see that deregulation does not present a barrier to entry in a market because of the removal of government barriers which otherwise would have made things difficult for a person to get into a market.
Therefore, the correct answer is option D
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A Empresa Comercial Ltda. apresenta um ciclo de caixa de 20 dias e efetua pagamentos anuais no montante total de R$ 180.000.
Com base nestas informações, calcule o caixa mínimo necessário para a empresa manter-se líquida.
A alternativa que apresenta o valor correto para o caixa mínimo necessário, é:
a.
15.000
b.
22.500
c.
25.800
d.
10.000
e.
20.000
Answer:
A Resposta é d) 10.000
Explanation:
You have been asked to evaluate two alternatives, X and Y, that may increase plant capacity for manufacturing high-pressure hydraulic hoses. The parameters associated with each alternative have been estimated. Which one should be selected on the basis of a present worth comparison at an interest rate of 14% per year
The Blossom Company is a multidivisional company. Its managers have full responsibility for profits and complete autonomy to accept or reject transfers from other divisions. Division A produces a sub-assembly part for which there is a competitive market. Division B currently uses this sub-assembly for a final product that is sold outside at $1,488. Division A charges Division B the market price of $868 per unit of the part. Unit variable costs are $644 and $744 for Divisions A and B, respectively. The manager of division B feels that division A should transfer the part at a lower price than market because, at market, division B is unable to make a profit.
Required:
Calculate division B's contribution margin if transfers are made at the market price, and calculate the company's total contribution margin.
Lynx Inc. sells apparel merchandise to Dyson Inc. at a gross sales price of $980, credit terms 2/10, n/30 on July 10, 2020. Dyson pays for the merchandise in full on July 19, 2020.
Required:
Record the entries required on July 10, 2020, and July 19, 2020, for Lynx Inc. Assuming use of the gross method in accounting for credit sales. Omit the cost of goods sold entry.
Answer:
Explanation:
July 10
Dr. Accounts Receivable (98% of sales because of 2% discount) 960
Cr. Sales Revenue 960
July 19
Dr. Cash 960
Cr. Accounts Receivable 960
How service managers could use the pigmalion effect in practice give example
Answer:
Employee burnout and work-related stress are linked to the Pygmalion effect of leaders' expectations and influence on workers. For example, higher expectations lead to higher performance, which in turn encourage even higher expectations
What is the rate of interest if your money doubles every 6 years? This is also known as Rule of 72.
Answer:
about 12 percent
Explanation:
Which of these factors contributes to the popularity of cable TV advertising?
OA.
wide reach
OB. locality of the audience
Ос, caters to wealthy audiences
OD. lengthy ad-making procedure
The factor that contributes to the popularity of cable TV advertising is "wide reach."
Unlike the normal print, newspaper, radio, or local television stations, cable TV advertising can reach a larger audience.
This is evident in the fact that Cable TV adverts can be viewed anywhere in the country and across the globe.
Also, another advantage is that it can easily be tied to a particular program, such as sports programs and other exciting programs.
Hence, in this case, it is concluded that the correct answer is option A. "Wide Reach."
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The production function for laser eye surgery is given by Q = 20K0.5L0.5, where Q is the number of laser eye surgeries performed per day, K is the number of eye surgery machines (which is fixed at 2 in the short run), and L is the number of employees. The marginal product of labor for L = 3 is ____.
The marginal product of labor is 10.
Data and Calculations:
Production function = Q = 20K0.5L0.5 = 20 x K x 0.5 x L x 0.5
Where:
Q = number of surgeries per day
K = number of machines
L = number of employees
Assuming that:
K = 2
L = 2
Therefore, Q1 = 20 x 2 x 0.5 x 2 x 0.5
= 20 surgeries per day
Q2 = 20 x 2 x 0.5 x 3 x 0.5
= 30 surgeries per day
Change in productivity = 10 (30 - 20)
Change in labor = 1 (3 - 2)
Marginal product of labor = change in output / change in labor
= 10 (10/1)
Thus, the marginal product of labor for the production function is 10.
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