If the level of economic development in the former West Germany is higher that the level of economic development in the former East Germany, then which of the following is likely to occur?

a the share of total economic activity will rise
b the population in west germany territories will increase
c the east german territories will be a lucrative market for consumer goods
d there will be a decline in total economic activity

Answers

Answer 1

Answer:

b the population in west germany territories will increase

Explanation:

People tend to move towards the areas of development to be able to get jobs where they will either make it big or be able to provide food, clothing and shelter for themselves and families if any. Economic development creates jobs and opportunities and it brings in different people from all works of life looking for those jobs.


Related Questions

Decreases in owners' equity are caused by:
A. Purchases of assets and payment of liabilities
B. Purchases of assets and incurrence of liabilities
C. Payment of liabilities and unprofitable operations
D. Distribution of assets to the owner and unprofitable operations

Answers

Answer:

Distribution of assets to the owner and unprofitable operations

Explanation:

Distribution of assets to the owner and unprofitable operations decrease the owners equity. Asset distribution decrease the assets of the company and Equity as well in the same time. The decrease in value of assets will result in the decrease in the value of equity on the other hand. So the correct option is D. Distribution of assets to the owner and unprofitable operations.

A variable cost a. is synonymous with labor costs b. changes in the same direction and in direct proportion to changes in operation activity. c. changes in the same direction and in inverse proportion to changes in operating activity. d. changes in the opposite direction and in direct proportion to changes in operating activity.

Answers

Answer:

b. changes in the same direction and in direct proportion to changes in operation activity.

Explanation:

Variable costs are expenses that vary with changes in production level. A variable cost is attached to the production of a particular product or service. An example of variable cost is the raw material expense. As the production level rises, more raw materials will be needed for production.    

The relationship between variable costs and output level is direct and proportional. An increase in output requires more materials and other consumables. As variable costs are associated with the production process, an increase or decrease in production level results in a similar or increase or decrease in variable costs.

Pacific Specialty Bikes store gets customized parts for its high-end models from a local manufacturer, Premium Supply. When the manufacturer announced a price increase, the bike store tried to switch to other local manufacturers but learned that they wouldn't be able to meet delivery schedules. As a result, Pacific Bike chose to pay higher prices from Premium Supply. Which of Porter's competitive forces does this demonstrate?

Answers

This situation demonstrates bargaining power of supplier.

Explanation:

Porter's Five Forces Framework is a method for analyzing competition of a business. It draws from industrial organization economics to derive five forces that determine the competitive intensity and, therefore, the attractiveness of an industry in terms of its profitability.

The number and power of a company's competitive rivals, potential new market entrants, suppliers, customers, and substitute products influence a company's profitability. Five Forces analysis can be used to guide business strategy to increase competitive advantage.

Suppose that when good J is free, buyers will demand 100 units of it, but the quantity demanded falls by 5 units for every $2 increase in the price. If the quantity supplied is fixed at 60 units, the equilibrium price will be: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices $16. $30. $24. $40.

Answers

Answer:

$16

Explanation:

At $0, demand is 100units.

but for every $2 increase, there is a 5 unit decrease.

When the demand is fixed at 60 units, let price of good J be x

Firstly, we calculate the difference between 100 units and 60 units

we have, 100 - 60 = 40 units

For every $2, increase, demand is minus 5.

thus we calculate how many 5 units there are in 40 units.

we have 40 units ÷ 5 units = 8

SInce every +$2 causes -5 units, we have the price of good J at 60 units fixed demand to be  8 x $2 = $16.

It means at $16, the demand of good J is 60 units.

Alternatively, you could do this,

At $0, demand is 100 units

At $2 (0 + 2), demand is 95 units (100-5)

At $4 (2+2), demand is 90 units (95-5)

At $6 (4 + 2), demand is 85 units (90-5)

At $8 (6 +2), demand is 80 units (85-5)

At $10 (8 + 2), demand is 75 units (80-5)

At $12 (10 + 2), demand is 70 units (75-5)

At $14 (12 + 2), demand is 65 units (70-5)

At $16 (14+ 2), demand is 60 units (65-5)

Cheers.

Laveall has created seven global product divisions — fragrances, baby care, batteries, oral care, men's grooming, convenience foods, and detergents — and three marketing divisions — one for North America, one for Asia, and one for Europe . In the context of the systems approach to management, these ten divisions are examples of _____.

Answers

Answer:

Subsystems

Explanation:

The elements of a system form a whole and can be concepts, objects or subjects; these elements can be living, non-living or both simultaneously, as well as ideas, be they from the field of ordinary, scientific, technical or humanistic knowledge. Ideas cannot be conceived as loose or independent of context or

system in which they are inserted. The interaction between the elements and their organization is what makes the system work.

The systemic approach "admits the need to study the components of a system, but does not limit itself to this. It recognizes that systems possess characteristics that their parts lack, but it aims to understand these systemic properties in terms of the parts of the system and their interactions, as well as in terms of circumstances

environmental. In other words, the systemic approach invites us to study the composition, the environment and the structure of the systems of interest

Every system is or can be part of a larger system that we can call supersystem, metasystem, etc. (that is, or may be, a subsystem) or be composed of subsystems, these are nothing more than smaller systems, which at their time may be composed of even smaller ones, and so we could go on until to reach the most elementary components of everything in the universe. The concept system is valid from a cell to the universe considered as a systems.

Answer:

Subsystems

Explanation:

In the systems approach, subsystems are self-contained systems that operate within a larger and more developed system within an organization or corporation.

Each one of the seven product divisions operates independently from each other, but they are all coordinated by the larger marketing divisions (North America, Asia and Europe). And the corporation's headquarters is responsible for coordinating the marketing divisions.

You own a bond that has an 8 percent coupon and matures 8 years from now. You purchased this bond at par value when it was originally issued. If the current market rate for this type and quality of bond is 8.25 percent, then you would expect

Answers

Answer:

C) to realize a capital loss if you sold  the bond at the market price today.

Explanation:

Your bond will sell at a discount since the market rate is higher than the bond's coupon rate. When a bond sells at a discount its market price is lower than its face value. Since you purchased the bond at its face value, and you sell right now, you will receive less money than what you paid for it.

uppose that an MBA degree creates no extemality because the benefits of an MBA are internalized by the student in the form of higher wages. If there are no government subsidies for MBAs, then which of the following statements is correct? a. The equilibrium quantity of MBAs will equal the socially optimal quantity of MBAs. b. The equilibrium quantity of MBAs will be greater than the socially optimal quantity of MBAS. c. The equilibrium quantity of MBAs will be less than the socially optimal quantity of MBAs. d. There is not enough information to answer the question.

Answers

Answer:

A) The equilibrium quantity of MBAs will equal the socially optimal quantity of MBAs.

Explanation:

No government subsidies, no government taxes, no government anything = free markets = capitalism = fantasy world

Pure capitalism doesn't exist (only semi capitalistic economies), since governments exist and they regulate the economy, tax and transfer money, and spend.

But in a fantasy world where governments do not exist, then the equilibrium quantity of any good or service equals the socially optimal quantity. That applies to every single product or service.  

Hank bought a farm that had an old barn. He noticed one day that the roof of the barn was swaying in the wind. Hank went to see his insurance agent and he insured the barn for $20,000. The agent didn't ask if the roof might collapse, and Hank didn't say anything about it. One week later there was a strong wind and the roof collapsed. Assuming the insurer can prove it, under what legal grounds could the insurer deny payment of the claim?

A) estoppel
B) concealment
C) warranty
D) misrepresentation

Answers

Answer:

B. Concealment

Explanation:

Concealment is the act of hiding information or keeping information that might be regarded as a relevant fact in relation to what is being insured from the insurer.

When an insured hide information that may affect the policy bought from the insurance company.

The concealment can be done intentionally or unintentionally by the insured

What should you do to prepare for the interview?
a. Select bold-colored clothes the night before.
b. Call the hiring manager to discuss the position.
c. Visit the company’s website to learn more about the organization.

Answers

Answer:

c. visit the company's website to learn more about the organization.

Explanation:

To prepare for an interview , the interviewee must visit the organization's website to know what it does, it's reputation, it's clients, their area of specialization.

Also, before going for an interview, the interviewee must ensure the following:

Prepare oneself for the interview, learn and gather information about the organization.To dress up appropriately in a neat and tidy manner. Bold colors and gaudy outfits should be avoided. To be on time, preferably 5-10 minutes earlier than the interview scheduled time. Politeness and courtesy in responding to questions and also in respect to dealings with employer staff.

As of December 31, Year 1, Mason Company had $500 cash. During Year 2, Mason earned $1,200 of cash revenue and paid $800 of cash expenses. The amount of cash shown on the balance sheet at the end of Year 2 would be: Multiple Choice O $90 o $400. $1,700 $2.500

Answers

Answer:

The balance sheet will show a cash balance of 900 dollars.

Explanation:

We do the cash T account to solve for this. As it resumes all the transactions for the given period of time and can be used to determinate the balance.

           CASH

  DEBIT        CREDIT  

    500

   1,200

                        800    

  1,700              800

Balance: 900

We post the inflow in the debit side while the outflow (expenses paid) in the credit side.

Then we subtract one from another and get the balance which is always on debit.

To combat increasing competition by lowering its prices, Rumbearc Inc., a paper carton box manufacturing company, decides to mechanize most of its production processes. Subsequently, Rita, the chief human resources officer of the company, makes a media announcement regarding its decision to lay off 600 employees. In the context of managerial roles, which of the following roles does Rita illustrate in this scenario?a. The leader roleb. The spokesperson rolec. The liaison roled. The disseminator role

Answers

Answer:

Disseminator role

Explanation:

This entails a manager communicating useful information collected from either internal or external sources to relevant parties in a business in the best way to facilitate mutual understanding

His intention is to ensure that everyone understands the reason behind potential decisions . He adopts open communication that is related to the culture of the organization. This could be through verbal communication in meetings or sending of memo.

In April​ 2017, the​ working-age population of the United States was 254.6 million. The​ working-age population is divided into those in the labor force​ (160.2 million) and those not in the labor force​ (94.4 million). The labor force is divided into the employed​ (153.2 million) and the unemployed​ (7.1 million). Those not in the labor force are divided into those not available for work​ (88.7 million) and those available for work​ (5.7 million).​ Finally, those available for work but not in the labor force are divided into discouraged workers​ (0.5 million) and those currently not working for other reasons​ (5.2 million).Use this data to help determine which one of the following statements is​ true:

Answers

population of the United States was 254.6 million. The​ working-age population is divided into those in the labor force​ (160.2 million) and those not in the labor force​ (94.4 million). The labor force is divided into the employed​ (153.2 million) and the unemployed​ (7.1 million). Those not in the labor force are divided into those not available for work​ (88.7 million) and those available for work​ (5.7 million).​ Finally, those available for work but not in the labor force are divided into discouraged workers​ (0.5 million) and those currently not working for other reasons​ (5.2 million).

Use this data to help determine which one of the following statements is​ true:

The unemployment rate is

7.1 million / 160.2 million×100=4.4%.

The labor force participation rate is

160.2 million /

254.6 million×100=62.9%.

N.B

Check the attachment for full question

Answer:

D. Both A and B are correct

Explanation:

The unemployment rate is 4.4%

That is unemployed/labour force = (7.1million/160.2 million ) * 100 = 4.4%

Labour force participation rate is 62.9%

That is: total labour force /total population = (160.2million/254.6million) * 100 = 62.9%

For each of the transactions in items 2 through 13, indicate the two (or more) effects on the accounting equation of the business or company..The owner invests personal cash in the business.AssetsIncrease Decrease No EffectLiabilitiesIncrease Decrease No EffectOwner's (or Stockholders') EquityIncrease Decrease No Effect

Answers

Answer:

2. The owner invests personal cash in the business.

Assets: Increase  

Liabilities: No Effect

Owner's (or Stockholders') Equity: Increase

3. The owner withdraws cash from the business for personal use.

Assets: Decrease

Liabilities: No Effect

Owner's (or Stockholders') Equity: Decrease

4. The company receives cash from a bank loan.

Assets: Increase

Liabilities: Increase

Owner's (or Stockholders') Equity: No Effect

5. The company repays the bank that had lent money to the company.

Assets: Decrease

Liabilities: Decrease

Owner's (or Stockholders') Equity: No Effect

6. The company purchases equipment with its cash.

Assets: one increases and another decreases, but it total assets don't change

Liabilities: No Effect

Owner's (or Stockholders') Equity: No Effect

7. The owner contributes his/her personal truck to the business.

Assets: Increase  

Liabilities: No Effect

Owner's (or Stockholders') Equity: Increase

8. The company purchases a significant amount of supplies on credit.

Assets: Increase

Liabilities: Increase

Owner's (or Stockholders') Equity: No Effect

9. The company purchases land by paying half in cash and signing a note payable for the other half.

Assets: Increase

Liabilities: Increase

Owner's (or Stockholders') Equity: No Effect

10. In May, Company X records the transaction by a debit to Accounts Receivable for $5,000 and a credit to Service Revenues for $5,000. What is the effect of this entry upon the accounting equation for Company X?

Assets: Increase

Liabilities: No Effect

Owner's (or Stockholders') Equity: Increase

11. In June, Company X receives the $5,000. What is the effect on the accounting equation and which accounts are affected at Company X?

Assets: No Effect

Liabilities: No Effect

Owner's (or Stockholders') Equity: No Effect

12. What is the effect on Client Q's accounting equation in May when Client Q records the transaction as a debit to Consultant Expense for $5,000 and a credit to Accounts Payable for $5,000?

Assets: No Effect

Liabilities: Increase

Owner's (or Stockholders') Equity: Decrease

13. What is the effect on Client Q's accounting equation in June when Client Q remits the $5,000? Also, which accounts will be involved?

Assets: Decrease

Liabilities: Decrease

Owner's (or Stockholders') Equity: No Effect

Final answer:

The investment of personal cash into the business increases Assets and Owner's Equity in the accounting equation while Liabilities remain unchanged.

Explanation:

When the owner invests personal cash in the business, this affects the accounting equation in two ways:

Assets increase because cash, which is an asset, is added to the business.Owner's (or Stockholders') Equity increases as well because the investment increases the owner's equity in the business.

Liabilities do not change in this transaction since no additional debts or obligations are created.

The accounting equation, which is Assets = Liabilities + Owner's (or Stockholders') Equity, remains balanced after the transaction as the increase in assets is matched by an equal increase in owner's equity.

Henriette offers financial counseling and management on a fee-only basis. She has found that different customers are willing to pay different rates for her services. This shows that her pricing decisions should depend primarily on____________

Answers

Answer:

How different customers perceive the value of her services.

Explanation:

Eric Jones develops computer software for a major company. Eric's salary and bonuses total $82,000, but he pays $29,233 in income and Social Security taxes. If Eric's annual debt repayments are $33,620, what is his debt -to-income ratio?

Answers

Answer:

0.41

Explanation:

To calculate Eric's debt to income ratio we must divide his total debt payments by his gross income = total annual repayments / (Eric's salary + bonuses) = $33,620 / $82,000 = 0.41

The new qualified mortgage rule establishes that a good debt to income ratio must be 0.43 or less. For other types of credits, banks usually consider a 0.4-0.5 ratio as good or acceptable.

A marketing manager decides what combination of variables is needed to satisfy customers' needs for a general type of product. What are the essential variables that the marketing manager combines?

Answers

Answer:

Product, price, distribution and promotion variables.

Explanation:

An e-mail message from a manager to an employee that reads "please stop by my office at your convenience" is likely to be perceived differently than a message that reads "report to my office immediately." This is based on the external factor of:

Answers

Answer:

intensity

Explanation:

Answer:

Intensity

Explanation:

The more intense an eternal factor such as loud noises and bright lights are, they more it is likely to be perceived that way by an individual. In an office setting, when a line manger sends an email to his or her direct report, asking him or her to come to the office at the employees convenience, it would not have the same intensity and high sense of urgency compared to a situation in which the same email be restructured to ask the same employee, by the same line manager, to come to the office “immediately”  

Common stockholders of a business enterprise are said to be the residual owners. The term residual owner means that shareholders _________.
a. are entitled to a dividend every year in which the business earns a profit.
b. have the rights to specific assets of the business.
c. bear the ultimate risks and uncertainties and receive the benefits of enterprise
ownership.
d. can negotiate individual contracts on behalf of the enterprise

Answers

Answer:

C. Bear the ultimate risks and uncertainties and receive the benefits of enterprise ownership

Explanation:

The common stockholders in a business has the lowest priority and only tend to receive distribution of prior claims have been paid. This is why they are referred to as residual owners.

Preferred Stock is seen as a liability rather than part of an equity for residual owners.

The culture of UPS places service to the customer among the company's highest business objectives, which is reflected in its use of information systems to enable customer tracking of their packages. Based on your reading of Chapter 1, why is "culture" an important factor to consider when building information system solutions to business problems?

Answers

Answer:

B) The business culture provides the vision and inspiration for information system solutions

Explanation:

The culture of a company is the character of an enterprise. It establishes the workplace environment. The tradition of the company comprises a wide range of components, such as working environment, task, inspiration, ethical standards, aspirations, visions and objectives. Without any regulations and rules, certain firms provide a casual work environment.

Marco, the owner of Spaghetti Factory, is involved in the company's daily decisions and has established procedures for every task. The company rules are clearly specified in the handbook, and Marco also believes in close supervision of all employees. Spaghetti Factory is a(n) _______ organization.A.Multiple ChoiceB. informalC.mechanisticD. organicE. decentralizedF. nonhierarchical

Answers

Answer:

C. mechanistic

Explanation:

Spaghetti Factory is a mechanistic organization.

Because in mechanistic, it also determines that the rules  which have been made should be strictly followed.

And we can see in the question that Marco, the already made all the rule and has given it on the handbook, and he also want that everyone should follow the rules strictly which are made by him.

Gonzalez Company has 350,000 shares of $10 par value common stock outstanding. During the year, Gonzalez declared a 10% stock dividend when the market price of the stock was $30 per share. Four months later Gonzalez declared a $.50 per share cash dividend. As a result of the dividends declared during the year, retained earnings decreased by

Answers

Retained earnings decreased by $192,500 as a result of a $.50 per share cash dividend declared by Gonzalez Company. The 10% stock dividend did not affect retained earnings because it was distributed at par value and only reclassified equity.

When Gonzalez Company declared a 10% stock dividend, it distributed additional shares to its shareholders. Since there were 350,000 shares outstanding and the company declared a 10% stock dividend, this resulted in 35,000 additional shares being distributed (10% of 350,000). The market value of these shares at the time was $30 per share, which results in a total value of $1,050,000 (35,000 shares  imes $30). However, for accounting purposes, stock dividends are not recorded at market value. Instead, they affect the stockholders' equity section by transferring from retained earnings to common stock and additional paid-in capital.

Later, when the company declared a $.50 per share cash dividend, this resulted in a straightforward reduction in retained earnings. With 385,000 shares now outstanding (original 350,000 + 35,000 new stock dividends), the total cash dividend paid would be $192,500 ($.50  imes 385,000). This amount was deducted from Gonzalez Company's retained earnings.

Therefore, to calculate the total decrease in retained earnings as a result of the dividends declared during the year, we only need to consider the cash dividend:

Decrease in retained earnings from the cash dividend: $192,500

The stock dividend did not decrease the retained earnings because it was distributed at par value, which is accounted for by just rearranging the equity sections without affecting the total retained earnings.

Until recently, George lived in a home that was newly constructed in 2005. In 2005, he paid $200,000 for the brand new house. He sold the house in 2006 for $225,0000. Which of the following statements is correct regarding the sale of the house?
a. The 2006 sale increased 2006 GDP by $225,000 and had no effect on 2005 GDP.
b. The 2006 sale increased 2006 GDP by $25,000 and had no effect on 2005 GDP.
c. The 2006 sale increased 2006 GDP by $225,000; furthermore, the 2006 sale caused 2005 GDP to be revised upward by $25,000.
d. The 2006 sale affected neither 2005 GDP nor 2006 GDP.

Answers

Answer:

"D"

Explanation:

The effect of the  acquisition of an existing home on the economy can be very minimal.

While the investment in the construction of a newly built house , land acquisition , purchase of building materials and the man power involved in the building works as well as the economic activities of the occupants of the new building contributes directly to the economic growth , the buy and selling of en existing building does not have a direct contribution to the economy except for the accompanying cost of related services involved in the transaction.

Reductions in the size of the customer base and increased usage of supply chain management have led to:​ a. ​decreased levels of buyer-seller interaction. ​b. lower levels of service expectations by buyers. ​c. poor risk management. ​d. development of short-term buyer-seller relationships. ​e. buyers and sellers being more interdependent.

Answers

Answer:

E) buyers and sellers being more interdependent.

Explanation:

The internet has completely changed our world in so many ways that few people could imagine that currently you can purchase Coke directly from a Coca Cola factory, you don't even need to go to a supermarket anymore (and the prices are lower). Slowly but steadily, intermediaries are being eliminated, anyone can remember how huge Sears, Kmart, JC Penny, Macy's were just 10 -15 years ago.

Now manufacturers try to sell their products directly or they use Amazon, Ebay or some other website. And customers like that because the prices are lower now. You can go to a Best Buy store and compare prices with Amazon, and if Amazon is cheaper, you leave the store and your TV arrives the next day.

Service quality is more directly related to the interaction between customer and employee than is manufacturing quality. Group of answer choices True False

Answers

Answer:

True

Explanation:

Service quality refers the comparison  of the consumers expectation and the actual performance of the organisation rendering the services. it seeks to understand if services delivered conform with the expectation of the consumer.

Since rendering services is concerned with performing a particular activity that will most probably involve an interaction with the receiver of the action,  service quality is more directly related to  the interaction between the customer and  employee  than in manufacturing quality that is concerned with how a physical good is able to meet the expectation of the consumer.  

 

Presented below are three transactions. Mark each transaction as affecting common stock, dividends, revenue, expense, or not affecting stockholders’ equity. a) Received cash for services performed. Entry field with correct answer (b) Paid cash to purchase equipment.

Answers

Answer:

a)Received cash for services performed.

+ Assets  (cash)

+ revenues (fees earned)

This has impact on stockholders equity as the revenues increase the earnings of the business. The company receives an asset (cash increasease of their services, that asset received is what icnrease the value of the company)

b)Paid cash to purchase equipment.

+ Assets (equipment)

- Assets (cash)

This transaction doesn't involve Equity It is just a change in the Assets compositions. It has no impact on the income neither.

Explanation:

The given transactions involve determining the effects on different elements of stockholders' equity: common stock, dividends, revenue, and expenses.

In the given transactions:

a) Received cash for services performed. This transaction affects revenue as it represents an increase in the company's earnings from providing services.

b) Paid cash to purchase equipment. This transaction affects expense as it represents a decrease in the company's assets from purchasing equipment.

Neither of these transactions affects common stock, dividends, or stockholders' equity.

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An increase in the price of oil will a. shift the supply curve of oil to the left. b. shift the supply curve of oil to the right. c. leave the supply curve of oil unchanged. d. not enough information to answer the question.

Answers

Answer:

The correct answer is option c.

Explanation:

An increase in the price of oil will cause the quantity demanded of a commodity to decline and the quantity supplied to increase. This will cause a surplus in the market.

There will be no change in the demand and supply curve.

This is because of the law of demand and supply.

According to the law of demand, the price of a commodity is inversely related to the quantity demanded of the commodity, while other factors are kept constant.

Similarly, the law of supply states that the price of a commodity is positively related to the quantity demanded of a commodity.

The demand and supply curves are not affected by the changes in price, they change as a result of changes in other factors.

Net income $ 15,953 Net sales 712,855 Total liabilities, beginning-year 83,932 Total liabilities, end-of-year 103,201 Total stockholders' equity, beginning-year 198,935 Total stockholders' equity, end-of-year 121,851 The return on total assets is:

Answers

Answer:

The return on total assets is 6.28%.

Explanation:

The return on total assets can be found from the following formula:

Return on Assets = Operating Profit / Average assets......Equation 1

And

Average Assets = (Opening Assets + Closing Assets)/2.........Equation 2

As here we are not given Opening assets and closing assets amount but we can find them through the following formula:

Opening Assets = Opening Equity + Opening Liability

Opening Assets = $198,935 + $83,932 = $282,867

Likewise

Closing Assets = Closing Equity + Closing Liability

Closing Assets = $121,851 + $103,201 = $225,052

Putting values in the Equation 2, we have:

Average Assets = ($282,867 + $225,052)/2 = $253959.5

Now by putting values in the Equation 1, we have:

Return on Assets = $15,953 / $253959.5 = 6.28%

A monopolistically competitive firm will increase its production if Select one: a. price is greater than average total cost. b. marginal revenue is greater than marginal cost. c. marginal revenue is greater than average total cost. d. price is greater than marginal cost.

Answers

Final answer:

A monopolistically competitive firm will increase its production when the marginal revenue (additional income from selling one more unit of a good) is greater than the marginal cost (cost of producing one more unit).

Explanation:

A monopolistically competitive firm is one that sells products that are differentiated from one another in some way. The firm will increase its production when the marginal revenue is greater than the marginal cost. This is due to the reason that the marginal cost represents the cost of producing one additional unit of a good, while marginal revenue represents the additional revenue that will be earned from selling this additional unit. When marginal revenue exceeds marginal cost, the firm can increase profits by producing and selling more, thus the firm will increase production in this scenario.

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Final answer:

A monopolistically competitive firm will increase its production when the additional revenue from selling an extra product exceeds the cost of producing it. Specifically, the increase happens where marginal revenue (MR) > marginal cost (MC). Production continues until MR = MC, and if the price is above average total cost, the firm earns profits.

Explanation:

A monopolistically competitive firm, like any profit-maximizing firm, will increase its production when its marginal revenue (MR) is greater than its marginal cost (MC). This basic economic principle holds because any situation where the income gained from selling an additional product (MR) outweighs the cost of producing that extra product (MC) is a profitable situation, and firms naturally want to maximize their profits.

The firm will keep increasing its production as long as the next produced unit adds more to revenue than it adds to cost. Once MR = MC, the firm identifies its profit-maximizing level of output. If the price determined by the market demand curve for that output level is above average total cost, the firm makes positive profits.

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The​ _____ doctrine is a special tort rule that imposes liability on a landowner to children who have trespassed onto his or her property with the intent to play on a hazard and are killed or injured while doing so.

Answers

Answer:

Attractive nuisance doctrine

Explanation:

Under attractive nuisance doctrine, a landowner is held responsible for the injuries or death caused to children while playing on the land owned by him. The child or children could have got attracted to the land without knowing the danger or hazards present on the land.

This comes under intentional tort that imposes responsibility on the landowner for ensuring the safety of the trespassers.

Answer:

attractive nuisance doctrine

Explanation:

attractive nuisance doctrine - this is referred to that doctrine based on law of tort. it states that if any children got injuries while trespassing on owner land then the owner will be held responsible for that injury.

an attractive nuisance is considered as an object which can cause any causality by attracting children. for example - Dogs can be taken as an attractive nuisance which can be dangerous to the children if they get attracted to the dog.

The balance in the office supplies account on June 1 was $6,300, supplies purchased during June were $3,100, and the supplies on hand at June 30 were $2,500. The amount to be used for the appropriate adjusting entry is______________

Answers

6,300 + 3,100 - 2,500 = 6900
Other Questions
please help, i will mark brainliestCFC is a compound formed from chlorine, fluorine, and carbon. TrueFalse Choose all fragments from the following choices:[mark all correct answers]a. He is going to celebrate with a new phone,b. Because of the hurricanec. Peter had a mess to pick up.d. When he passes English with an Ae. Since she was scaredf. Alice hid under the bed.g. After the party at his househ. The flood waters covered downtown Houston. For each of the following sublevels, give the n and l values and the number of orbitals: (a) 6g; (b) 4s; (c) 3d. Select the statements that best describe the properties of an intramolecular sn2 reaction mechanism. what type of commensal relationship is cattle egret and cattle ? please hurry!!! will mark BRAINLEYST if right!!!! Cass & Company has the following data. How many days is the firm's cash conversion cycle? Inventory conversion period = 50 days Average collection period = 17 days Payables deferral period = 25 days When polluters buy, sell, and trade permits with other polluters, this is called a __________. a. polluter-pays system b. cap-and-trade emissions c. trading system subsidy d. revolving-door policy Suppose that a ball is dropped from the upper observation deck of the CN Tower in Toronto, 450 m above the ground. Find the velocity of the ball after 3 seconds. SOLUTION Through experiments carried out four centuries ago, Galileo discovered that the distance fallen by any freely falling body is proportional to the square of the time it has been falling. (This model for free fall neglects air resistance.) If the distance fallen after t seconds is denoted by s(t) and measured in meters, then Galileo's law is expressed by the equation s(t) = 4.9t2. The difficulty in finding the velocity after 3 s is that we are dealing with a single instant of time (t = 3), so no time interval is involved. However, we can approximate the desired quantity by computing the average velocity over the brief time interval of a tenth of a second from t = 3 to t = 3.1: average velocity = change in position time elapsed = s(3.1) s(3) 0.1 = 4.9 2 4.9 2 0.1 = m/s. The table shows the results of similar calculations of the average velocity over successively smaller time periods. It appears that as we shorten the time period, the average velocity is becoming closer to m/s (rounded to one decimal place). The instantaneous velocity when t = 3 is defined to be the limiting value of these average velocities over shorter and shorter time periods that start at t = 3. Thus the (instantaneous) velocity after 3 s is the following. (Round your answer to one decimal place.) v = m/s a paddling canoeist took 2 h to travel 12 km down a river, with the current. It took 4 h to do the return trip up the river, against the current. What was the speed of the current The humanistic perspective was responsible for influencing the development of what area of psychology? Delta Airlines quotes a flight time of 2 hours, 5 minutes for its flights from Cincinnati toTampa. Suppose we believe that actual flight times are uniformly distributed between 2 hours and 2 hours, 20 minutes.a. Show the graph of the probability density function for flight time.b. What is the probability that the flight will be no more than 5 minutes late?c. What is the probability that the flight will be more than 10 minutes late?d. What is the expected flight time? The nurse is speaking with the parents of a school-aged child recently diagnosed with diabetes mellitus regarding the differences between hypoglycemia and hyperglycemia. Which statement by a parent indicates a need for further teaching? Prior to the elucidation of the genetic code, prominent scientists, including Francis Crick, had predicted that each mRNA codon, coding for one of the 20 amino acids, needed to be at least three nucleotides long. Why is it not possible for codons to be any shorter? Select the correct answer from each drop-down menu.Read the excerpt from Sir Gawain and the Green Knight, and complete the sentence. Select the correct answer. Which form of relativism states that people rely on their own standards of right and wrong when making a decision? A. nave relativism B. role relativism C. social relativism D. cultural relativism E. habitual relativism (9^(3))^(3) =9 99 09 681 For consideration, Hazel orally promises to pay Jill $750 a month, on the first day of every month, for as long as Jill lives. Hazel makes the payments regularly for the first seven months and then makes no further payments. Jill claims that Hazel has breached the oral contract and sues Hazel for damages. Hazel contends that the contract is unenforceable because, under the Statute of Frauds, contracts that cannot be performed within one year must be in writing. Discuss whether Hazel will succeed in this defense. (X to the fourth power) squared equals Which element would you expect to be less metallic?(a) Sb or As (b) Si or P (c) Be or Na