consider the interaction between labor and capital within the production process and answer the following questions. how do economists refer to the amount of capital employed per worker?

Answers

Answer 1

Because workers would be more productive, wages would increase. The amount of capital used per worker is described by economists as the interaction between labor and capital during the production process.

Who is referred to as an economist?

An economist is someone who researches human decision-making processes and is enthusiastic about using statistics to increase revenue, improve governmental policies, or conduct research.

Do economists earn a good living?

According to the BLS, the average yearly compensation for an economist is $116,020, which is more than double the average yearly wage for all occupations, $51,960. However, depending on the state you're in, the typical economist income can vary greatly from this.

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Related Questions

An amount of $2,500 is deposited in a savings account that earns 2.5% interest. Which is the future value
after 10 years if the interest is compounded quarterly?

Answers

Answer:

$3,208

Explanation:

The computation of the future value is shown below;

As we know that

Future valie = Present value × (1 + rate of interest)^number of years

where

Present value is $2,500

Rate of interest = 2.5% ÷ 4 = 0.625%

And, the time period is = 10  × 4 = 40

So, the future value is

= $2,500 × (1 + 0.625%)^40

= $3,208

how Is productivity determined?
a.by measuring The relationship to inputs and outputs
b. by comparing the profitability of competing markets
c. by measuring the relationship between supply and demand
d. by comparing the number of hours worked by all employees

Answers

Answer:

a. by measuring The relationship to inputs and outputs

Explanation:

Productivity shows the efficiency of generating output using the available inputs. It is measured by dividing the output of a company or a production line by the inputs used. Therefore, productivity shows the relationship between inputs and outputs.

Productivity can also be measured by labor output. In this case, the output is divided by the number of labor hours used.

Profit or Loss on New Stock Issue out-of-pocket expenses incurred by Security Brokers in the design and distribution of the issue were $350,000. What profit or loss would Security Broker completely. For example, 5 million should be entered as 5,000,000. Round your answers to the nearest dollar. Loss should be indicated by a minus sign. A. $5. 25 per share? b. $6. 25 per share? $ c. $3. 5 per share? $

Answers

If the stock was sold for $5.25 per share, what profit or loss would Security Brokers Inc. make per share is c. $3.5 per share.

How to solve

The out-of-pocket expenses incurred by Security Brokers were $350,000. If the stock was sold for $5.25 per share, then the profit per share would be $5.25 - $3.5 = $1.75.

However, since the expenses were $350,000, the company would actually make a loss of $350,000 / 100,000 = $3.5 per share.

The answer for option a. ($5.25 per share) is incorrect because the profit per share would be greater than the expenses per share. The answer for option b. ($6.25 per share) is incorrect because the profit per share would be even greater than the option a., which is impossible.

Therefore, the correct answer is option c. ($3.5 per share).

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What is the future value of $500 invested annually for 20 years at a 10% rate of return?

Answers

the future value of $500 invested annually for 20 years at a 10% rate of return is approximately $19,834.99.

The future value of $500 invested annually for 20 years at a 10% rate of return is approximately $22,823.

To calculate the future value, we can use the formula for the future value of an ordinary annuity. In this case, the annual investment of $500 is made for 20 years at a 10% rate of return.

The formula to calculate the future value of an ordinary annuity is:

FV = P * [(1 + r)^n - 1] / r

Where:

FV = Future Value

P = Annual investment

r = Rate of return

n = Number of periods

Applying the values to the formula:

FV = $500 * [(1 + 0.10)^20 - 1] / 0.10

FV = $500 * [6.7275] / 0.10

FV = $3,363.75 * 6.7275

FV ≈ $22,823

Therefore, the future value of $500 invested annually for 20 years at a 10% rate of return is approximately $22,823. This calculation assumes the investments are made at the end of each year, and the returns are compounded annually.

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According to leading entrepeneur, Guy Kawasaki, the best reason to start a new business is to ______.


be your own boss

make a large profit

make the world a better place

achieve success

Answers

Answer:

make the world a better place

Explanation:

Answer:

C. Make the world a better place

Explanation:

"The best reason to start an organization is to make meaning - to create a product or service to make the world a better place."

—Guy Kawasaki, entrepreneur, investor, author

Which of the following is a misconception about marketing?
Marketing focuses on relationships.
Marketing focuses on satisfying the customer.
Marketing is equivalent to sales and advertising.
Marketing involves numbers.

Answers

Answer: The misconception is that marketing is equivalent to sales and advertising. While sales and advertising are important components of marketing, they are not the whole picture. Marketing is a broader concept that encompasses a variety of activities aimed at promoting and selling products or services.

Explanation:

Marketing involves researching and understanding customer needs and preferences, developing and promoting products or services to meet those needs, pricing products and services, and distributing them to customers through various channels. It also involves building and maintaining relationships with customers through customer service, after-sales support, and other activities.

So, while sales and advertising are important aspects of marketing, they do not define the whole field. Marketing is focused on relationships with customers and satisfying their needs, and it often involves the use of numbers to track and analyze customer behavior, market trends, and the effectiveness of marketing campaigns.

Because many countries are investing in countries other than their own, each country is becoming more autonomous and independent. true false

Answers

That claim is false. Each country is NOT becoming more autonomous and independent if it is investing in other countries than their own. That should go without saying, I believe.

It should be fairly self-explanatory and obvious that a nation that refuses to invest on its own country is not autonomous or independent. 

How can you be self-reliant and self-sufficient in the face of your own sovereign if you don't believe in your own resources and potential?

It is good to have domestic consumers who demand more from businesses and often push those national industries ahead of those in other nations where consumers are less demanding and lack interest.

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how did biver attempt to change the swiss watch industry? what factors account for biver’s success at blancpain and omega? how would you assess biver as a leader?

Answers

Jean-Claude Biver attempted to change the Swiss watch industry by focusing on innovation, creativity, and quality. He believed that Swiss watches should not just be functional but also beautiful and luxurious.

Biver introduced new designs, materials, and technologies to the industry, which helped Blancpain and Omega stand out from their competitors.

Several factors account for Biver's success at Blancpain and Omega. First, he had a clear vision of what he wanted to achieve and was not afraid to take risks to achieve it. He was also a great communicator, able to motivate and inspire his team to work towards their goals. Additionally, Biver had a deep understanding of the market and was able to identify new trends and opportunities that others had overlooked.

As a leader, Biver is highly regarded for his passion, creativity, and strategic thinking. He is known for his ability to inspire and motivate his team and for his commitment to excellence. However, some critics have raised concerns about his management style, which can be seen as authoritarian and controlling. Nonetheless, Biver's impact on the Swiss watch industry cannot be denied, and his legacy continues to influence the industry today.

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You have been currently using a cable to connect your Linux laptop to the company network. You are now, however, required to attend several meeting a week in other parts of the building and you would like to be able to bring your laptop with you, but still need access to the network while in the meeting. Which of the following device types would BEST meet your needs? WiFi SATA SCSI HBA

Answers

The device type that would best meet your needs for network is WiFi. Option A is correct.

WiFi allows you to connect to the network wirelessly, eliminating the need for a physical cable. This means you can move around freely during your meetings without having to worry about staying close to a network port. Additionally, many modern laptops come equipped with built-in WiFi capabilities, so you may not even need to purchase any additional hardware.

SATA, SCSI, and HBA are all types of storage interfaces and are not relevant to this scenario. In summary, using WiFi would allow you to bring your laptop to meetings and still have access to the company network without the restriction of a physical cable.

Therefore, option A is correct.

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in October 2001 president George w bush gave directions to establish the office of homeland security and the homeland security council. what is this an example of? A. treaty B. executive order C. agency regulation D.Statute

Answers

Answer:

agency regulations i think

Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration

Answers

Each scenario should be matched to the factors that affect the labor market as follows:

Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.

What is immigration?

Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:

Good governanceSecurityBetter living conditions.WorkJobsSocial amenities

What is a foreign direct investment?

A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.

In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.

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Drag each option to the correct location.Match the scenarios to the factors that affect the labor market.foreign

Answer:

Post Test: Free Market and Businesses

Unit: 2

Economics

Question #12

__________________________________________________________

This is 100% right because I took the test

Go to explanation for picture with answers

l

l

Explanation:

Here's the picture and I hope this helped!

Have a nice day!

Drag each option to the correct location.Match the scenarios to the factors that affect the labor market.foreign

What might you need to do to renew your credentials?

submit paperwork

fill out an application

attend a meeting

retake exams

start your education over

Answers

Answer:

submit paperwork, fill out an application, and retake exams

Explanation:

trust me

Answer:

<3

Explanation:

What might you need to do to renew your credentials?submit paperworkfill out an applicationattend a meetingretake

page(s) 398-399 12.2 what is the solow growth model? seth is trying to decide how many workers is the optimal amount at his factory, which produces artisan-crafted grooming products. he observes the following: when there is one worker, 10 hairbrushes are produced daily. when there are two workers, 16 hairbrushes are produced daily. when there are three workers, 20 hairbrushes are produced daily. what is the marginal product of the third worker?

Answers

An exogenous model of economic growth, the Solow Growth Model examines how population growth, savings growth, and technological advancement rates affect changes in an economy's output level over time.

What is the graph of the Solow growth model?

The Solow line graph exemplifies the model's concept. The graph has an x-axis, a y-axis, and three lines. One line represents depreciation, another represents savings or investments, and yet another represents output per laborer or individual within the labor force. The lines converge at the country's steady state.

Calculation:

The marginal product of each additional labor unit can be calculated by dividing the total change in output by the change in labor.

Change in output after adding a third labor unit = 20-16 = 4.

Change in output / Change in labor = Marginal product

4 / 1 = 4 units are the marginal product.

As a result, the marginal product of the third labor unit equals four hairbrushes.

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The purpose of synthesizing information is to:

prove that your facts are the most relevant facts to support your thesis or claim.

think critically about information from many sources and use that evidence to support a claim, thesis or larger idea that may not be stated directly (but you can show us through evidence how you came to your big, new idea).

state one fact from one source to focus on one detail to support a claim, main idea, or thesis.

Answers

Students can combine information from several sources by information synthesising it. When these sources are merged, a single, coherent notion is produced. This is often how students are introduced to new concepts, theories, and knowledge in the classroom.

What is the information that is being synthesised?

Information synthesis is the act of reviewing and comparing data from diverse sources, drawing connections between the data, and fusing the newly discovered data with previously known data to produce something new.

As you synthesise knowledge, you select particular concepts and take them into account in order to comprehend how they compare, contrast, and relate to one another. To produce a whole through synthesis, many components are combined.

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A trait is a quality of your own character.

Answers

are you asking if it’s true or false?

Answer: True

Explanation:

trait- a quality of your own character; characteristic

Joe owns a business which produces wooden furniture he employs 20 workers in the production Department and three workers in the office is Joe pays all his workers wages which are calculated by time rate but he is thinking of changing to peace rate

Answers

Answer:

The peace rate will result in lower total wages than time rate.

Explanation:

Piece rate is a wages calculator in which labors are paid for the piece of work done by them. They are paid for the quantity of units produced irrespective of time consumed. Time rate is wage calculation method in which wages are calculated based on hours worked. The major disadvantage for this method is that labors can waste time making products due to securing high wage.

How can expectations about the future change consumer behavior?

Answers

Expectations about the future can significantly impact consumer behavior, which can in turn impact the overall economy.

Future expectations can have a significant impact on consumer behaviour in a variety of ways:

Purchasing decisions: Consumers' purchasing decisions may be influenced by their future expectations. For example, if they anticipate future price increases, they may buy more goods and services now to avoid paying higher prices later.Saving and investing: Consumers' saving and investing behaviour may be influenced by their future expectations. If they anticipate an improvement in economic conditions, they may be more likely to save and invest for future opportunities.Borrowing and lending: Future expectations can also influence borrowing and lending behaviour. For example, if consumers anticipate rising interest rates in the future, they may be more willing to borrow money now to take advantage of lower rates.Economic activity: Future expectations can have an impact on overall economic activity. Consumers may be more cautious with their spending if they expect economic growth to slow in the future, which could lead to a decrease in economic activity.

Overall, future expectations can have a significant impact on consumer behaviour, which in turn can have an impact on the overall economy.

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Use the as/ad model to describe the effect of each of the following events on the economy of snezhanka (a fictitious nation). beginning with the economy in equilibrium carefully show the shift involved and the new equilibrium. state whether the p (price level) and rgdp at the new equilibrium are higher or lower. for each part of this question, start again at the original equilibrium. what will happen if:

a. taxes on households are decreased?
b. taxes paid by firms are decreased?
c. the value of the national currency, the snezhankan lev, declines in the international currency market?
d. a revolutionary new machine, the aparat, increases worker productivity?

Answers

The following would happen

Aggregate income would increase for households. They would have a rise in output.

taxes on households are decreased

When the taxes are decreased, the households would have a rise in their purchasing power. Their output would go up form q to q2.

taxes paid by firms are decreased

The cost of the firms production is going to fall. The firm would then be able to raise their production hence increasing their supply. Output would rise and price level would fall.

the value of the national currency, the snezhankan lev, declines in the international currency market?

If the value of the currency should fall, then it would cause the demand for foreign goods to rise then there would be a new equilibrium in the market.

a revolutionary new machine, the apparat, increases worker productivity

An increase in productivity would raise supply for the producer hence bringing about a new rise in the price level.

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1.
Consider the market for personal computers. Suppose that
demand is stable: The demand curve doesn't change. Predict
the effects of the following changes on the on the equilibrium
price of computers. Illustrate your answers with a supply and
demand diagram. (Hint: Needs 2 Graphs; one for "a" and one for
"b")
a.
b.
The cost of memory chips decreases.
The government imposes a $100 tax on personal
computers

Answers

Note that a decrease in the cost of memory chips will shift the supply curve to the right, leading to an increase in the quantity supplied and a decrease in the price of computers.

On the other hand, the imposition of a $100 tax will shift the supply curve to the left, reducing the quantity supplied and increasing the price of computers. As a result, the price of computers will decrease in the first case and increase in the second case.

What is the rationale for the above response?

In economics, the equilibrium price is the price at which the quantity of a good or service supplied is equal to the quantity demanded by consumers.

When the cost of memory chips decreases, there will be an increase in the supply of personal computers, as it becomes cheaper for manufacturers to produce them.

This shift in supply will cause the price of personal computers to decrease, reaching a new equilibrium price at which the quantity supplied equals the quantity demanded.

On the other hand, if the government levies a $100 tax on personal computers, this will increase the price for consumers, causing a decrease in demand.

The shift in demand will cause the price to increase, reaching a new equilibrium price at which the quantity supplied equals the quantity demanded.

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1) Joan quit her job when she was 35 years old. Her friend, who is a financial advisor, recommended that she leave her 401(k) retirement savings in the company retirement plan rather than withdrawing or transferring the money to a new plan. Her friend said that, on average. Joan could expect a 7\% increase per year if she left her money in the plan for many years, based on the past performance of that plan. Joan will not be able to add more money to the 401(k) account, but can open a new one at her new job. a) Create a model for the amount of money Joan will have in her 401(k) after any number of years. Use A for the accumulated amount of money, x for the number of years, and P for the amount of money in the plan when she quit, which is called the principal. b) What percent of the principal will Joan have if she leaves the money in the account for the 32 years until she retires? What percent increase does this represent? Round each answer to the nearest 100 th of a percent. c) If Joan's original principal was $20,100, how much would be in the account when she retires? Round to the nearest dollar. d) Approximately how many years will it take the principal to double? How long to quadruple?

Answers

a) The model for the amount of money Joan will have in her 401(k) after x years is A = P * (1 + 0.07)^x.

b) Joan will have approximately 700% of the principal if she leaves the money in the account for 32 years, representing a 600% increase.

c) If Joan's original principal was $20,100, she will have approximately $141,070 in the account when she retires.

d) The principal will take approximately 10 years to double and 20 years to quadruple.

a) The model for the amount of money Joan will have in her 401(k) after any number of years can be represented by the formula A = P * (1 + r)^x, where A is the accumulated amount of money, P is the principal amount when she quit, r is the annual increase rate (in decimal form), and x is the number of years.

b) If Joan leaves the money in the account for 32 years until she retires, the percent of the principal she will have is calculated by (A - P) / P * 100. Plugging in the values, we get (1 + 0.07)^32 - 1 * 100 ≈ 548.81%. This means Joan will have approximately 548.81% of the principal. The percent increase can be calculated by (A - P) / P * 100, which in this case is 548.81%.

c) If Joan's original principal was $20,100, we can calculate the amount in the account when she retires using the formula A = P * (1 + r)^x. Plugging in the values, we get A = 20,100 * (1 + 0.07)^32 ≈ $250,991.

The model for the amount of money in Joan's 401(k) account after any number of years is based on compound interest. The formula A = P * (1 + r)^x calculates the accumulated amount by multiplying the principal (P) with the growth factor (1 + r) raised to the power of the number of years (x). In this case, the growth factor is 1 + 0.07, which represents a 7% increase per year.

When calculating the percent of the principal Joan will have after 32 years, we subtract the principal from the accumulated amount, divide it by the principal, and multiply by 100 to convert it into a percentage. Similarly, to calculate the percent increase, we divide the difference between the accumulated amount and the principal by the principal and multiply by 100.

If Joan's original principal was $20,100, we can substitute the values into the formula A = P * (1 + r)^x to find the amount in the account when she retires. After calculating, we find that Joan will have approximately $250,991 in her 401(k) account when she retires.

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which form determines how much state income tax is withheld from your paycheck?

Answers

By completing Form W-4: An Employee's Withholding Allowance Certificate, you can let your employer know how much money should be taken out of your paycheck to cover federal paycheck taxes.

The federal government determines the paycheck taxes percentages that workers must pay. Payroll taxes or FICA (Federal Insurance Contributions Act) taxes are subtracted from your paycheck and include Social Security and Medicare taxes. Social Security taxes provide retirement and disability benefits for workers and their families. The Medicare tax, which also includes medical benefits, applies to all adults 65 years of age and over, as well as to some disabled people who are younger. It also applies to people with chronic renal failure who require dialysis or a transplant. Employers contribute to these payroll taxes in part.

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Business Cycle
A
B
D
С
Public Domain
Which point of the business cycle represents a peak?
00
E

Business CycleABDPublic DomainWhich point of the business cycle represents a peak?00E

Answers

Answer:

A $ E

Explanation:

Business cycles are the fluctuations in economic activities, as indicated in varying GDP values. A full business cycle will have the economy experience periods of boom or peak and trough, which is the downturn.

The peak season is when the economy is operating at its optimal level. The economy is experiencing increased activities resulting in a high GDP value. Business and people incomes are high, while the rate of unemployment is low. The economy is flourishing at the peak period. In the graph points, A and E represents the peak.

Answer:

The answer is E.

Explanation:

A peak is the turning point from growth to decline, in which production has reached the highest level. In the graph, both A and E peak.

Also, I took the quiz and got a 100%.

The Rest of the Question:

Public Domain

Which point of the business cycle represents a peak?

B

C

D

E

Define a two-bin system. Multiple choice question. It specifies the amount of risk of incurring a stockout that a firm is willing to incur. It is a system in which the inventory of an item is stored in two different locations. It is a method of estimating the impact of changing the number of locations on the quantity of inventory held. It is a model used to determine the order size for a one-time purchase.

Answers

Answer:

It is a system in which the inventory of an item is stored in two different locations.

Explanation:

Two-bin inventory control is a system in which it measures the items when they are used for production and then could be replenished. Here the items that should be in first bin should be depleted and there is an order for refill or replacing. And, then the second bin should have sufficient items till the order of first bin arrived

So as per the given situation, the above statement should be considered

Item 2 The following data have been extracted from the records of Puzzle Incorporated: February August Production level, in units 9,600 20,160 Variable costs $ 27,840 $ ? Fixed costs ? 34,300 Mixed costs 25,984 ? Total costs $ 88,124 $ 142,930 Required: Calculate the missing costs. Calculate the cost formula for mixed cost using the high–low method. Calculate the total cost that would be incurred for the production of 13,824 units. Identify the two key cost behavior assumptions made in the calculation of your answer to part c. cost behavior pattern relevant range

Answers

The missing costs are:

Variable costs for August = $116,620.80Fixed costs for February = $34,300Mixed costs for August = $1,009.20

The cost formula for the mixed costs is: Total cost = $36,176.80 + ($5.78 x Production level) + Mixed cost.

The two key cost behavior assumptions made in the calculation of the answer to part c are:

The assumption that the mixed costs are linear within the relevant range of production levels.The assumption that the variable cost per unit remains constant within the relevant range of production levels.

How to Solve the Problem?

To calculate the missing costs, we need to use the high-low method to separate the mixed costs into their fixed and variable components. The high-low method involves taking the highest and lowest production levels and their corresponding total costs and using them to calculate the variable cost per unit and the fixed cost.

Using the data given, we can find the missing costs as follows:

Variable costs for August:

Variable cost per unit = (Total cost at highest production level - Total cost at lowest production level) / (Highest production level - Lowest production level)

Variable cost per unit = ($142,930 - $88,124) / (20,160 - 9,600)

Variable cost per unit = $5.78

Variable costs for August = Variable cost per unit x August production level

Variable costs for August = $5.78 x 20,160

Variable costs for August = $116,620.80

Fixed costs for February:

Fixed costs = Total costs - (Variable costs + Mixed costs)

Fixed costs = $88,124 - ($27,840 + $25,984)

Fixed costs = $34,300

Mixed costs for August:

Mixed costs = Total costs - (Fixed costs + Variable costs)

Mixed costs = $142,930 - ($34,300 + $116,620.80)

Mixed costs = $1,009.20

Therefore, the missing costs are:

Variable costs for August = $116,620.80

Fixed costs for February = $34,300

Mixed costs for August = $1,009.20

Using the high-low method, we can calculate the cost formula for the mixed costs as follows:

Variable cost per unit = ($142,930 - $88,124) / (20,160 - 9,600)

Variable cost per unit = $5.78

Using the highest production level and its corresponding total cost, we can find the total fixed cost:

Total cost at highest production level = Fixed cost + (Variable cost per unit x Highest production level) + Mixed cost

$142,930 = Fixed cost + ($5.78 x 20,160) + $1,009.20

Fixed cost = $36,176.80

Therefore, the cost formula for the mixed costs is: Total cost = $36,176.80 + ($5.78 x Production level) + Mixed cost.

To calculate the total cost for the production of 13,824 units, we can use the cost formula for mixed costs:

Total cost = $36,176.80 + ($5.78 x 13,824) + $1,009.20

Total cost = $107,683.16

The two key cost behavior assumptions made in the calculation of the answer to part c are:

The assumption that the mixed costs are linear within the relevant range of production levels.

The assumption that the variable cost per unit remains constant within the relevant range of production levels.

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Which of the following is true regarding the statement of cash flows under IFRS?
The statement of cash flows has two major sections— operating and non-operating.
The statement of cash flows has two major sections— financing and investing.
The statement of cash flows has three major sections— operating, investing, and financing.
The statement of cash flows has three major sections— operating, non-operating, and financing

Answers

Coming up next is valid in regard to the assertion of incomes under IFRS the assertion of incomes has three major sections— operating, investing, and financing.  

The option (C) is correct.

These sections describe the cash flows because of an organization's working exercises (like deals and acquisition of labor and products), contributing exercises (like buying or offer of long-haul resources), and funding exercises (like raise of capital or delivering profits).

This presentation helps users of financial statements to comprehend the money inflows and outpourings of an organization and how they are utilized or created by every one of the three exercises.

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This question is not complete, Here I am attaching the complete question:

Which of the following is true regarding the statement of cash flows under IFRS?

(A) The statement of cash flows has two major sections— operating and non-operating.

(B) The statement of cash flows has two major sections— financing and investing.

(C) The statement of cash flows has three major sections— operating, investing, and financing.

(D) The statement of cash flows has three major sections— operating, non-operating, and financing

Troy filed a good faith complaint of discriminatory harassment against his supervisor, Cynthia. One day after receiving notice of the allegations, Cynthia removed Troy from working on an important and highly desirable office project that she is leading, and explained to OIE that this was done to reduce their one-on-one interactions. Troy had been working on the project for two months at the time of his removal. Is this action retaliatory

Answers

Answer:

Of course this is a retaliatory action. Troy filed a complaint for discriminatory harassment against Cinthia and she answers back by discriminating against Troy even more. All she needed to do was stop discriminating against Troy, she wasn't supposed to increase discrimination against him. This is an example of what shouldn't happen.

Explanation:

A typical firm in long-run equilibrium in an industry with identical firms has a cost function given by C(q) = F + 2q² where F is a positive constant. The industry has a market demand of Q = 2,400 - 5p a. Suppose F= 800. What is the competitive equilibrium price, quantity and number of firms? b. Suppose F is a mandatory accreditation fee established by the industry association. How does the equilibrium price and number of firms vary with F? How does the profit of each firm vary with F?

Answers

a. The competitive equilibrium price is $400, the quantity is 800 units, and the number of firms is 4.

To find the competitive equilibrium price, quantity, and number of firms, we need to equate the market demand and the average cost of production for each firm. The market demand is given by Q = 2,400 - 5p, and the cost function for each firm is C(q) = F + 2q².

Setting Q equal to q (quantity for each firm), we have 2,400 - 5p = q. Substituting q into the cost function, we get C(q) = F + 2q² = F + 2(2,400 - 5p)².

To find the equilibrium price, we set marginal cost (MC) equal to price (p) for each firm. Taking the derivative of the cost function with respect to q and equating it to p, we get 4q = p. Substituting q = 2,400 - 5p, we can solve for p, which gives us the equilibrium price of $400.

Substituting p = $400 into the market demand equation, we find the equilibrium quantity of 800 units. Since each firm produces q units, there will be 4 identical firms in the industry.

b. As the mandatory accreditation fee (F) increases, the equilibrium price decreases, the number of firms decreases, and the profit of each firm decreases.

When the mandatory accreditation fee (F) increases, the cost function for each firm increases, leading to higher average costs. As a result, firms will need to charge a higher price to cover their costs. This decrease in the equilibrium price reduces the quantity demanded in the market.

Furthermore, as the accreditation fee increases, it acts as a barrier to entry for new firms. Higher accreditation fees discourage new firms from entering the industry, leading to a decrease in the number of firms operating in the market.

With a decrease in the number of firms, the market becomes less competitive, and each firm's market share increases. This can result in a decrease in the profit of each firm since they have to bear higher costs while serving a smaller market.

In summary, as the mandatory accreditation fee (F) increases, the equilibrium price decreases, the number of firms decreases, and the profit of each firm decreases. Higher fees raise costs, reduce market competition, and affect the overall equilibrium dynamics of the industry.

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A monopolist can sell 300 units of output for $50 per unit. Alternatively, it can sell 301 units of output for $49.60 per unit. The marginal revenue of the 301st unit of output is

Answers

The marginal revenue of the 301 unit of output is -$75.40.

What is Marginal Revenue?

The marginal revenue refers to the amount, any company produces on each sale of their product.

300 units sell with the output for $45 per unit

301 units sell with the output for $44.60 per unit.

To calculate marginal revenue of 301 unit

\(= (300\times\$45) - (301\times\$44.6)\\= \$13,500 - \$13,424.6\\= -\$75.40\)

So, the marginal revenue of 301 unit of output will be -$75.40

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Required information
[The following information applies to the questions displayed below.]
Jorgansen Lighting, Inc., manufactures heavy-duty street lighting systems for municipalities. The company uses variable costing for internal management reports and absorption costing for external reports to shareholders, creditors, and the government. The company has provided the following data:
Inventories Beginning (units) = 200 (Year 1), 160 (Year 2), 190 (Year 3)
Ending (units) = 160 (Year 1), 190 (Year 2), 240 (Year 3)
Variable costing net operating income = $300,000 (Year 1), $279,000 (Year 2), $250,000 (Year 3)
The company’s fixed manufacturing overhead per unit was constant at $560 for all three years.
Required:
1. Calculate each year’s absorption costing net operating income. (Enter any losses or deductions as a negative value.)
2. Assume in Year 4 that the company’s variable costing net operating income was $240,000 and its absorption costing net operating income was $280,000.
a. Did inventories increase or decrease during Year 4?
b. How much fixed manufacturing overhead cost was deferred or released from inventory during Year 4?

Answers

1. Absorption costing net operating income = $250,000 + (50 × $560) = $277,000.

2. a. In Year 4, the absorption costing net operating income is $280,000, which is higher than the variable costing net operating income of $240,000. Therefore, inventories increased during Year 4.

b. During Year 4, $40,000 of fixed manufacturing overhead cost was deferred or released from inventory.

1. To calculate each year's absorption costing net operating income, we need to consider the changes in inventories and the fixed manufacturing overhead per unit.

Year 1:

Beginning inventory = 200 units

Ending inventory = 160 units

Change in inventory = 160 - 200 = -40 units (decrease)

Absorption costing net operating income = Variable costing net operating income + (Change in inventory × Fixed manufacturing overhead per unit)

Absorption costing net operating income = $300,000 + (-40 × $560) = $276,400

Year 2:

Beginning inventory = 160 units

Ending inventory = 190 units

Change in inventory = 190 - 160 = 30 units (increase)

Absorption costing net operating income = $279,000 + (30 × $560) = $297,700

Year 3:

Beginning inventory = 190 units

Ending inventory = 240 units

Change in inventory = 240 - 190 = 50 units (increase)

Absorption costing net operating income = $250,000 + (50 × $560) = $277,000

2. a. To determine if inventories increased or decreased during Year 4, we need to compare the variable costing net operating income and the absorption costing net operating income.

If the absorption costing net operating income is higher than the variable costing net operating income, it indicates an increase in inventories.

In Year 4, the absorption costing net operating income is $280,000, which is higher than the variable costing net operating income of $240,000. Therefore, inventories increased during Year 4.

b. The fixed manufacturing overhead cost deferred or released from inventory can be calculated by subtracting the absorption costing net operating income from the variable costing net operating income.

Fixed manufacturing overhead cost deferred or released from inventory = Absorption costing net operating income - Variable costing net operating income

Fixed manufacturing overhead cost deferred or released from inventory = $280,000 - $240,000

Fixed manufacturing overhead cost deferred or released from inventory = $40,000

During Year 4, $40,000 of fixed manufacturing overhead cost was deferred or released from inventory.

These calculations help analyze the differences between variable costing and absorption costing methods and provide insights into the impact on net operating income and inventory levels.

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You are the senior software engineer at a start-up company developing an exciting new mobile app that will allow salespeople to generate and email sales quotes and customer invoices from their smartphones. Your company's sales force has led a major corporation to believe your product will be available next week. Unfortunately, at this point the software still contains quite a few bugs. The leader of the testing group has reported that all of the known bugs appear to be minor, but it will take another month of testing for his team to be confident the product contains no catastrophic errors. Because of the fierce competition in the mobile app industry, it is critical that your company be "first to market." To the best of your knowledge, a wellestablished company will release a similar product in a few weeks. If its product appears first, your start-up company will probably go out of business.

Answers

In this scenario, the start-up company developing an exciting new mobile app that will allow salespeople to generate and email sales quotes and customer invoices from their smartphones has to handle the challenge of being first to market.

As the senior software engineer, you need to weigh the risks and benefits of releasing a product with known bugs. In this situation, it is important to consider the risks of releasing a product with known bugs and the benefits of being the first to market. On one hand, releasing the product with known bugs could damage the reputation of the start-up company and result in lost sales. On the other hand, being first to market could give the company a competitive advantage and increase sales. The leader of the testing group has reported that all of the known bugs appear to be minor, but it will take another month of testing for his team to be confident the product contains no catastrophic errors. This means that the software still contains quite a few bugs, and there is a risk that some of these bugs could cause catastrophic errors.

To mitigate the risks of releasing a product with known bugs, the start-up company could consider delaying the release until all of the known bugs have been fixed. While this would delay the release of the product, it would also ensure that the product is of high quality and will not damage the reputation of the company.

In conclusion, it is important for the start-up company to balance the risks and benefits of releasing a product with known bugs. While being first to market could give the company a competitive advantage, releasing a product with known bugs could damage the reputation of the company. As the senior software engineer, you need to make a recommendation to the company based on your knowledge of the industry and the product.

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