True or False? Briefly discuss.
d. If a firm makes zero economic profit, it has no fixed
costs.

Answers

Answer 1

The statement "If a firm makes zero economic profit, it has no fixed costs" is false.

This is because fixed costs are expenses that a company incurs regardless of how much it produces. Fixed costs include things like rent, property taxes, and insurance, which do not change as a result of production levels, whereas variable costs do.To understand this better, let's take an example of a toy manufacturer. If the toy manufacturer produces zero units, they would still have to pay rent on the factory they use to make their toys.

Thus, even if the toy manufacturer makes zero economic profit, they still have to pay their fixed costs. As a result, it's not true to say that if a firm makes zero economic profit, it has no fixed costs.

What is economic profit?

Economic profit is the difference between a company's total revenue and total costs, including both fixed and variable costs. Economic profit measures the financial performance of a company, taking into account both revenue and expenses. If a company's economic profit is zero, it means that its total revenue is just enough to cover its total costs, both fixed and variable.

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Related Questions

Which statements are TRUE when comparing the NYSE and NASDAQ markets?
I The Specialist (DMM) trades on the NYSE
II The Specialist (DMM) trades on NASDAQ
III The Market Maker trades on the NYSE
IV The Market Maker trades on NASDAQ
A - I and III
B - I and IV
C - II and III
D - II and IV

Answers

Option B is correct. The Specialist (DMM) trades on the NYSE and The Market Maker trades on NASDAQ.

The designated market makers who trade a certain stock on the NYSE floor are specialists, also known as Designated Market Makers. Each stock traded has a single specialist allocated to it, and this Specialist/DMM is required to make a fair and orderly market in that stock and to be available to trade at all times the market is open. With the NASDAQ System, market makers trade NASDAQ stocks. The "best" market is created via competition, and NASDAQ has many rival market makers. While market makers (unlike NYSE Specialists/DMMs) are not required to make a continuous competitive market in a stock, doing so is in their best interests.

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How is a debit card different from a credit card?
A. A debit card is usually issued by a financial institution.
B. A debit card provides a way for people to make large purchases.
C. Spending on a debit card is limited to the funds available in an
account.
D. Spending can occur via a digital payment method.

Answers

Answer:

C

Explanation:

because thats wat ist is.- limited funds

Which phrase best completes the diagram?
?
A person's credit score
gets worse.
O A. A person spends part of a credit card's credit limit.
B. A person files for bankruptcy to remove debts.
C. A person uses his or her savings to buy a new car.
D. A person pays the full balance of a credit card.

Which phrase best completes the diagram??A person's credit scoregets worse.O A. A person spends part

Answers

The best option for what reduces a person's credit score is B. A person files for bankruptcy to remove debts.

There are several things that can reduce a person's credit score such as:

Filing for bankruptcy to get debts wiped away Defaulting on debt Failing to pay debt interest on time

When a person uses bankruptcy to get rid of debt, they have essentially defaulted on their debt and so they will lose credit score points as a result.

In conclusion, filing bankruptcy causes a person's credit score to fall.

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Answer: a person files bankruptcy to remove debts

Explanation:

got it right

A company makes a $100 purchase of equipment on Dec. 31, Year 1 using debt. On Jan. 1, Year 3 the equipment breaks and is deemed worthless. The bank calls in the loan. What happens in Year 3?

Answers

In Year 3, the company experiences two significant events: equipment becomes worthless, and the bank calls in the loan.

The worthless equipment is removed from the company's balance sheet, resulting in a $100 loss. Simultaneously, the company must repay the debt to the bank, which will affect their cash flow and liabilities. Worthless Equipment: The company will recognize a $100 loss on the income statement and remove the equipment from the balance sheet. Loan Repayment: The bank has called in the loan, so the company must repay the debt, which will affect their cash flow and liabilities. The loan will be recorded as a current liability on the balance sheet since it is due within one year.

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true or false: to find the discharge summary note from a patient's past hospital stay (not the current stay), open the chart review activity and select the notes tab.

Answers

True or False: To find the discharge summary note from a patient's past hospital stay (not the current stay), open the chart review activity and select the notes tab.The given statement is true and it states the method to find the discharge summary note from a patient's past hospital stay.

The discharge summary is a medical report that contains information about the patient's hospital stay. It is usually completed at the end of the stay by the attending physician. A discharge summary contains a detailed description of the diagnosis, procedures, treatment plans, and medications.The discharge summary provides an overview of the patient's medical history and treatment. It is a crucial document that helps healthcare providers understand the patient's medical history and provide better care.

To find the discharge summary note from a patient's past hospital stay (not the current stay), open the chart review activity and select the notes tab.The notes tab in the chart review activity provides access to the notes section of the patient's medical record. Here, you can find all the notes related to the patient's medical history.

To find the discharge summary note from a patient's past hospital stay, you need to select the notes tab and then search for the note that corresponds to the patient's past hospital stay. In this way, you can access the discharge summary note from the patient's past hospital stay.

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Assume you deposited $6,000 into a retirement savings account today. The account will earn 8 percent interest per year, compounded annually. You will not withdraw any principal or interest until you retire in 48 years. Which one of the following statements is correct? A) The interest you earn in Year 7 will equal the interest you earn in Year 14. B) The interest amount you earn will double in value every year. C) The total amount of interest you will earn will equal $6,000 .08 x 48. D) The present value of this investment is equal to $6,000. E) The future value of this amount is equal to $6,000 x (1 + 48)^08.

Answers

The future value of this amount is equal to $6,000 x (1 + 0.08)^48.

This is a compound interest problem, where we are given the initial deposit, interest rate, compounding period, and time horizon. We need to calculate the future value of the deposit after 48 years of earning interest.

Using the compound interest formula: FV = PV x (1 + r)^n, where FV is the future value, PV is the present value, r is the interest rate, and n is the number of compounding periods, we can calculate the future value of the deposit as follows:

FV = $6,000 x (1 + 0.08)^48

FV = $6,000 x 14.974

FV = $89,844

Therefore, the future value of the deposit after 48 years of earning 8% annual interest is $89,844.

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Hey Yall I am giving 100 points away and a brainliest!!!!!!!!!!!!

Answers

Answer:

tysm

Explanation:

Answer:

ty

Explanation:

When inserting an image that needs to appear directly below a section heading with other text below the image, the image should be formatted as

In Line with Text.
Square with Text.
Tight with Text.
Behind Text.

Answers

Answer:

In line with the text

Explanation:

Answer:

In line with the text

In line with the text

In line with the text

In line with the text

In line with the text

In line with the text

In line with the text

In line with the text

In line with the text

In line with the text

Explanation:

At what age can you start working?

Answers

Answer:

Explanation:

depends on where you live

Explanation:

It really depends on the jobs and requirements but you can USUALLY do small work like walking a dog or babysitting at 13-14

The most liquid measure of money supply is part 2
a. m0.
b. m1.
c. l.
d. m2.
e. m3.

Answers

The correct answer is (b) m1.

M1 is a measure of the money supply and includes the most liquid assets. In other words, M1 refers to any assets that can be used to quickly swap for goods and services. Circulating coin and currency, traveler's checks, demand deposits, and other checkable deposits make up this amount.

Describe M1.

The money supply, also known as M1, is made up of cash, demand deposits, and other liquid deposits like savings accounts. M1 contains the liquid portions of the money supply since it comprises assets and currencies that are either already cash or can be converted into it quickly.

Which type of currency is the most movable?

The most livable indicator of the money supply is M1. Checking deposits, traveler's checks, and active money are all included.

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You are planning to finance your start up with a bank loan of 400,00 and equal contribution of 50,000 each cash from a group of partners you need $1.2million for the start up how many partners including yourself do you need to recruit

Answers

In order to raise the $1.2 million needed for startup costs, which includes hiring yourself and 30930589 other people, you plan to finance your business with a bank loan of $400,000 and an equal cash commitment of $50,000 from a group of partners.

What is meant by Startup Business ?

Nevertheless, it might be difficult to secure finance for a business that is still in its infancy or early stages. Also, the Micro, Small, and Medium Businesses (MSME) sector in India has only a limited amount of access to formal finance, which is why the Indian government opted to implement startup business financing programs for MSMEs and startups.

Instead of going via banks, the Small Industries Development Bank of India (SIDBI) has started lending directly to MSMEs and startups. These loans have interest rates that are almost 300 basis points lower than those that banks offer.

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Mrs. Jansen is the sole shareholder of mimeo corporation. She also owns the office building that serves as corporate headquarters. Last year, mimeo paid $200,000 annual rent to mrs. Jansen for use of the building. Mimeo's marginal tax rate was 21% and mrs. Jansen's marginal tax rate on ordinary income was 37%. The revenue agent who audited mimeo's return concluded that the fair rental value of the office building was $150,000. Compute the net impact of this audit conclusion on mimeo's income tax liability

Answers

The net impact of the given audit conclusion on mimeo's income tax liability is $10,500 increase.

What does tax liability mean?

The amount owed to the Internal Revenue Service (IRS) at the end of each tax year is referred to as "tax liability." A person, business, or other entity's tax liability is the total amount of taxes that they owe to the government.

Tax liabilities include things like income taxes, sales taxes, and capital gains taxes. Federal, state, and local governments are just a few of the taxing entities that impose taxes. What you owe in taxes to the IRS or your state government is known as your tax liability. Depending on your income and filing status, you may have to pay income taxes.

Given:

Taxable income increases by $50,000,

increasing tax liability is

= ($50,000 × 21%) = $10,500

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Of utmost importance to management is/are ______, which is the movement of money through a firm on a daily, weekly, monthly, or yearly basis.

Answers

Of utmost importance to management is cash flow, which is the movement of money through a firm on a daily, weekly, monthly, or yearly basis.

Cash flow is the term used to describe the movement of money through a business, including the inflow of cash from sales and other sources, and the outflow of cash to pay for expenses such as salaries, rent, and inventory.

Managing cash flow is critical to the success of any business, as it ensures that the company has enough cash on hand to meet its obligations and take advantage of new opportunities.

A company that consistently has negative cash flow may struggle to pay its bills and may even go bankrupt, while a company with strong positive cash flow has the flexibility to invest in new projects and grow its business.

Therefore, it is essential for management to carefully monitor and manage the cash flow of their company on a regular basis.

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ECONOMICS CHAPTER 2 SECTION 3

explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market

ECONOMICS CHAPTER 2 SECTION 3

Answers

Private property rights  and market is  in which people buy and sell resources or goods and services.

Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.

Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.

Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.

Factor market and product market-  The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.

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On April 1, 1986, Casey deposited $1150 into a savings account paying 9.6%
interest, compounded quarterly. If he hasn't made any additional deposits or
withdrawals since then, and if the interest rate has stayed the same, in what
year did his balance hit $2300, according to the rule of 72?

Answers

Answer:4900

Explanation: it makes sence duh.

why are medical related professions and human resources important​

Answers

Answer:

They Both deal with the Wellbeing of the Human Talent

Explanation:

While the medical profession deals with physical, and psychotherapy treatment of the human being and  the Human Resources function deals with the employee welfare at work place such as work conditions, training, harassments at work place, both these professions try to improve the wellbeing of the Human Talent.

Some of the most famous and successful entrepreneurs, like Steve Jobs or Richard Branson, never finished or went to college. How do you think they managed to become so successful? Why doesn’t this work for everyone?

Answers

In some of the interviews Steve Jobs is in. He claims that it came with hard-work but most importantly a consistent work flow.

This, only came his way and his schedule. Having an idea to back you up that many people rely on (like the mop or TV) can be all sorts of useful and successful. If known how to market it right.

Most businesses fail because they fail to see the newer “trends,” like let’s say if it’s a clothing market.
Things are constantly changing and some people don’t want to keep up with that due to laziness.

College, is only important and really required for fields like medical services, engineering, and all related in that spectrum.

Self business is more reliant on how you execute it. Though, a degree can show you as a promising worker because your dedication to getting work done in a prime of 4 years.

BOVE
Part C
Research online and Identify at least five skills that an administrator working for an automobile dealership would need. You can refer to job
descriptions provided by recruitment agencies. How do you think these skills will help newly appointed administrators to perform their job?

Answers

Answer:

Here are five key skills that an administrator in an automobile dealership would need:

Communication/interpersonal skills: Administrators would have to work with clients that come in for test drives. Having good interpersonal skills would help them respond to customers’ queries more effectively. A friendly and outgoing personality would make them more approachable for the customers. An ability to speak and understand multiple languages would help an administrator deal with customers who are not fluent in English. An administrator must be able to communicate effectively, both verbally and through nonverbal cues.

Organizational skills: Administrators need to be well organized in their work involving customers. They would be required to schedule and organize test drives, arrange meetings, keep a record of customers’ documents, handle car insurance matters, and provide other assistance to customers.

Prioritize: Administrators would have to handle several tasks (described earlier), so they should be able to prioritize and schedule tasks effectively.

Manage: An administrator would have to manage the daily operations, such as ensuring that customers submit authentic documents, making appointments, and scheduling test drives. The administrator is also responsible for managing employee behavior, safety, and compliance with the company’s policies.

Reasoning and mathematical skills: An administrator would need to have above-average mathematical skills in order to maintain the company’s accounts dealing with sales and servicing. The person would need logical reasoning skills to facilitate decision making and process management.

Explanation:

PLATO

How would an electronic transfer to someone else be recorded in your transaction register or on your mobile banking app?

Answers

Answer:

a completed transaction

Explanation:

This would be recorded as a completed transaction in your mobile banking app transaction history. It would display as completed when the money is deducted from your account. If you click on that transaction in the transaction history it will open it up and display the recipient's name, account number, date it was sent, and total amount including taxes and fees detailed out. This transaction information can be accessed at any time and even has a transaction ID number.

Suppose that the business cycle in the united states is best described by rbc theory and that a new technology increases productivity. question content area bottom left part 1
show the effect of the new technology in the market for loanable funds. draw a demand for loanable funds curve. label it dlf subscript 0. draw a supply of loanable funds curve. label it slf subscript 0. draw a point at the equilibrium quantity of loanable funds and real interest rate. label it 1. draw a curve that shows the effect of the increase in productivity. label it. d
raw a point at the new equilibrium quantity of loanable funds and real interest rate. label it 2.

Answers

The new technology that increases productivity would likely lead to an increase in investment, as businesses would want to take advantage of the new technology to produce more efficiently.

The effect of new technology on the market for loanable funds, taking into account the business cycle and RBC theory by the following steps:

Step 1. Start by drawing the initial demand for loanable funds curve (DLF0) and supply of loanable funds curve (SLF0) on a graph, with the real interest rate on the vertical axis and the quantity of loanable funds on the horizontal axis.

Step 2. Identify the point where DLF0 and SLF0 intersect. This point represents the initial equilibrium quantity of loanable funds and real interest rate. Label this point as point 1.

Step 3. According to the RBC theory, an increase in productivity due to new technology leads to higher output and income. This, in turn, leads to an increase in the supply of loanable funds as households save more from their increased income.

Step 4. Reflect this change by drawing a new supply of loanable funds curve (SLF1) that shifts to the right of the initial curve (SLF0).

Step 5. Identify the new point where the demand for loanable funds curve (DLF0) intersects with the new supply of loanable funds curve (SLF1). This point represents the new equilibrium quantity of loanable funds and real interest rate after the increase in productivity. Label this point as point 2.

In summary, when new technology increases productivity in an economy described by the RBC theory, the supply of loanable funds increases, leading to a new equilibrium quantity of loanable funds and real interest rate. This can be illustrated through the shift in the supply curve from SLF0 to SLF1 and the movement from point 1 to point 2 on the graph.

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if electrical disturbances are recorded over an extended period and the monitoring equipment indicates they are on the utility side of the pcc, what should be done to remedy the disturbances?

Answers

If an electrical disturbances are recorded over an extended period and the monitoring equipment indicates they are on the utility side of the PCC, in order to remedy the disturbances, the utility should be informed of the monitored events.

What is an electrical disturbance?

This refers to an electrical or magnetic damage, disturbance of electronic recordings or erasure of electronic recordings. This disturbance encompasses 3 broad categories which includes an electrical or magnetic damage, electronic recording disturbances, and erasure of electronic recordings.

An Electrical Design Power hardware and software is very susceptible to these electrical disturbances. The most common electrical disturbance losses are damaged circuitry, erroneous results, loss of data, system failure, and system shutdown. As well, these electrical disturbance is normally excluded from property coverage forms which is one of the main reasons to buy specialized EDP coverage

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25 points, Why are certain brands global? 3-4 sentences, please.

Answers

Answer: Certain Brands can be global because of their profits, Let's take cars for a example, Cars can be made and distributed based on the company if they can pay for all the shipping and everything, but it really depends on the company and what they are selling.

Explanation:

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following

Answers

It can be seen from the solutions given that Cain's net income is $24,000.

Here is the solution:

Net income = Net cash provided by operating activities - Adjustments

= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000

= $24,000

Therefore, Cain's net income is $24,000.

Here is a breakdown of the adjustments:

To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.

A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.

The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.

A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.

A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.

A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.

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hurry! #3
What soft skills should a customer service representative use when resolving customer issues?

negotiation and bartering

control and manipulation

empathy and humor

speed and knowledge

Answers

Answer:

empathy and humor

Jenson is a senior-level manager in his organization. He makes strategic-level decisions to improve the sales or to increase the profits of the organization. Which information system will reflect the strategic decisions that Jenson makes as a senior manager? A. Executive information system B. Management information system C. Transaction processing system D. Decision support system

Answers

Answer: Management information system

Explanation:

The information system that reflect the strategic decisions that Jenson makes as a senior manager is the management information system.

Management Information System is simply referred to an information system that is used to make decisions and also used for analysing and coordinating information in the organization. It studies the relationship and interaction that exist between the people and the organization.

Answer:

decision support system

Explanation: PLATOOOOOOOOOOOOO


What is meant by 'business plan'?

Answers

A business plan is a written document that describes in great detail the goals and objectives of a company.

A business plan outlines a written strategy for the company's operations, finances, and marketing. Both new and established businesses use business plans.

It is a crucial document intended for both internal and external audiences of a company. Generally, it is not a good idea to operate without a business plan. In reality, very few companies can function without one for an extended period.

A business plan can also help a company's executive team stay on the same page concerning strategic action items and on track to achieve set objectives.

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Unlike estée lauder, which is a large and established firm with the resources to provide its own sales force to sell its products, what will smaller firms probably need to rely on to help to distribute their products?.

Answers

If estée lauder, which is a large and established firm with the resources to provide its own sales force to sell its products, the smaller firms will  need to rely Supply chain intermediaries to help to distribute their products.

What is Supply chain intermediaries?

Supply chain intermediaries  can be defined  as a channel  through which goods produced by a company get to the end or final user. The supply chain intermediaries tend to stand as a  link that help to distribute goods to the consumer.

Supply chain intermediaries play an important role as without them goods will not get to the consumer based on the fact that they act as a facilitator who help to facilitate the movement of goods from the manufacturer to the user.

Therefore  the company have to rely on  Supply chain intermediaries to help distribute their product.

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Adam, dianna, and loretta are engaged in a business partnership to develop 100 acres of vacant land into a residential upscale-gated community. their development project did not go as planed due to the economic and market conditions and they want to determine their rights. they are familiar with the court system and their option to file a lawsuit against each other but they fill it will be intrusive and may destroy their friendship or have other improper results. what can they do under these circumstances?

Answers

Answer: Based on the scenario, they can find alternatives which they'll use to resolve the issue rather than going to court. They can use the arbitration or get the meditator to help them out.

Explanation:

From the question, we are informed that Adam, Dianna, and Loretta are engaged in a business partnership to develop 100 acres of vacant land into a residential upscale-gated community but that their development project did not go as planed due to the economic and market conditions and they want to determine their rights.

We are further told that they are familiar with the court system and their option to file a lawsuit against each other but they fill it will be intrusive and may destroy their friendship or have other improper results.

Based on the scenario, they can find alternatives which they'll use to resolve the issue rather than going to court. They can use the arbitration or get the meditator to help them out. This will help them in resolving the issue and at the same time, keep their friendship.

Suppose Dave works 8 hrs per day and that in 1 hour Dave can either mow 1 lawn or he can trim 5 bushes.
1) What is Dave's opportunity cost of mowing 4 lawns?
2) What is Dave's opportunity cost of trimming 30 bushes?

Answers

Suppose Dave works 8 hrs per day:

Dave's opportunity cost of mowing 4 lawns is 20 bushes.Dave's opportunity cost of trimming 30 bushes is 6 lawns.

Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. Opportunity costs are by definition invisible, making it simple to ignore them. Making smarter decisions requires an understanding of the possible possibilities lost when a company or person choose one investment over another.

The determination of a company's capital structure involves opportunity cost analysis in a significant way. A company must pay lenders and shareholders for the risk of their investments, therefore issuing both debt and equity capital has an explicit cost. However, each choice also has an opportunity cost.

For instance, money spent to pay off debts cannot be used to purchase stocks or bonds, which have the potential to generate income from investments. The business must determine if expanding through debt leverage would result in higher earnings than it might achieve through investing.

To find the best balance that minimises opportunity costs, a company attempts to assess the advantages and disadvantages of issuing debt and equity, taking both financial and non-financial factors into account.

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Which of the following is a normative statement in economics ?

A. More spending by the government reduces poverty
B. Higher taxes lead to less desire to work
C. The Pakistan’s economy is growing fast relative to other SAARC members
D. The government should concentrate on reducing unemployment

Answers

The normative statement is the government should concentrate on reducing unemployment

A normative assertion is one that states how the world ought to be. This claim demonstrates a value judgement regarding the desirability of a circumstance and frequently reflects value judgements. It describes how the world is. For instance, it is just a personal view to say that globalization causes societal tensions in developing nations.

In economics, these statements are one that reflects a value judgement or a belief about what should be, as opposed to stating what is. Instead of describing how things are, it makes a statement about how they ought to be. In this instance, statement D articulates the opinion that decreasing unemployment should be a top priority for the government, making it a normative statement.

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