Final answer:
A profit-maximizing monopolist will continue expanding output as long as marginal revenue exceeds marginal cost.
Explanation:
A profit-maximizing monopolist will continue expanding output as long as marginal revenue exceeds marginal cost
. This means that for each additional unit produced, the revenue generated will be greater than the cost incurred, resulting in increased profits.
Once the marginal revenue is equal to marginal cost, the profit-maximizing quantity is reached, and the monopolist should not expand further.
Mandy's inc. is a well-known supplier of industrial goods. while selling goods, it provides personalized benefits to each customer. it focuses on developing trust over time instead of one-time sales. this is an example of _____.
When disney builds a new amusement park in the united states, it is counted as part of gdp?
The doubling time of the balance for a money market certificate of deposit (cd) is 25 years. by what factor does it grow in 40 years?
Refco inc. failed to disclose in sec filings that millions of dollars of its accounts receivables were uncollectible. two months after its ipo, the company went bankrupt. answer
What is the major decision facing kfc? 2. what factors are important in understanding this decision situation?
The major decision kfc is facing is that about the appeal. The decision is that whether to appeal to the healthy market or to the indulgent market.
And the factors which are important in understanding this decision situation are: the responsibility of fast food market, the need vs demand of the people, and the lasting impact.
City mission is a not-for-profit organization that provides hot meals, living quarters, and showers for homeless people. based on their yearly budget, they expect to spend $450,000 on food expenses, $350,000 on housing expenses, $280,000 on staff salaries, $90,000 on utilities, and $118,000 on other expenses. how much will city mission need to raise in donations?
a.more than $1,562,000
b.less than $1,225,000
c.at least $1,253,000
d.at least $1,288,000
According to anthropological ethics, the first responsibility of the anthropologist is to the people studied.
a. True
b. False
The answer is true. The anthropologists have main ethical obligations to the people, species, and materials they research and to the people with whom they work. These duties can exchange the goal of seeking new knowledge, and can lead to decisions not to start or to stop a research project when the primary obligation conflicts with other responsibilities, such as those unsettled to sponsors or clients.
Mario and luigi want to open up a pizza place. they have determined that the rent will cost them $2,000 per month and administrative salaries will cost $3,000 per month. the variable cost per pizza will be $7.00. mario and luigi estimate they will sell 850 pizzas per month. if mario and luigi sell all 850 pizzas and the only costs they incur are the ones listed above, what is their breakeven price per pizza?
To determine Mario and Luigi's breakeven price per pizza, sum the fixed costs of rent and salaries ($5,000) and divide by the number of pizzas they plan to sell (850), resulting in a breakeven price of approximately $5.88 per pizza.
Mario and Luigi's breakeven price per pizza can be calculated by adding their fixed costs (rent and salaries) and dividing the sum by the number of pizzas they estimate to sell. The fixed costs include a monthly rent of $2,000 and administrative salaries of $3,000. Adding these together gives us a total fixed cost of $5,000 per month. Since they estimate selling 850 pizzas per month, the breakeven price per pizza is calculated by dividing the total fixed costs by the number of pizzas:
Total Fixed Costs = Rent + Salaries = $2,000 + $3,000 = $5,000
Breakeven Price per Pizza = Total Fixed Costs / Estimated Number of Pizzas Sold = $5,000 / 850 pizzas
Thus, the breakeven price per pizza for Mario and Luigi would be approximately $5.88.
Assess how walmart is managing ethics and social responsibility as one of the largest corporations in the world.
Final answer:
Walmart, as a major global corporation, has a mixed record on managing ethics and social responsibility. It aims for environmental sustainability with a zero emissions goal by 2040 and has faced challenges regarding labor practices and gender discrimination, demonstrating the complexities of ethical business practices.
Explanation:
In assessing how Walmart is managing ethics and social responsibility, we see a complex picture of one of the world's largest corporations grappling with its impact on the economy, society, and environment. As a retailer of immense scale, Walmart has had significant effects on globalization, affecting workers and politics in developing nations while shaping cultural attitudes internationally. Questions of ethics and responsibility lead to broader issues, especially as firms grow in power and influence within the marketplace. Walmart has set ambitious goals, such as reducing global emissions to zero by 2040, powered by renewable energy, and employing electric vehicles. About 29% of its energy usage derived from renewable sources as of 2020, indicating a pathway to potential environmental sustainability and corporate adaptation.
On the subject of labor practices, Walmart's history has been mixed. Notably, in 2013, they were found guilty by the National Labor Relations Board of illegally penalizing and firing workers involved in labor protests, and they have settled disputes where discrimination based on sex was alleged. These examples highlight the difficulty of enforcing ethical business practices and the tension between profitability and social responsibility.
The company's pledge to become a regenerative company also points to a shift in how corporations envision their role in society, aiming not only to limit harm but to positively contribute to renewal and replenishment. This approach may challenge governmental actors to step up their actions on climate change, offering a case study in how adaptation can be economically advantageous.
Linda undertakes sales training at a successful apparel manufacturing company and gets a promotion. it has been recently brought to her notice that sales have drastically dropped due to the inability of frontline sales personnel to handle customer queries at the company's retail outlets. linda should:
Elizabeth is a full-time college sophomore and has a demanding part-time job. she leaves her saturdays free to run errands and “get things back in order,” and to maintain balance. elizabeth’s behavior illustrates:
Elizabeth’s behavior illustrates homeostasis as it is a way of balancing or maintaining a balance especially when a person’s external factors that can affect change to a person. It could be seen in the given scenario as Elizabeth tries to balance her duties as a worker even when she is still a student in a university.
Final answer:
Elizabeth's practice of keeping Saturdays free to run errands and organize her life exemplifies the importance of time management and self-care to maintain balance as a busy college student.
Explanation:
Elizabeth, a full-time college sophomore with a demanding part-time job, leaves her Saturdays free to run errands and "get things back in order," which illustrates the importance of time management and self-care to maintain balance in her life. This approach is essential for college students who need to balance their academic commitments with work and personal responsibilities. By setting aside time to organize her life, Elizabeth is actively engaging in a strategy that can reduce stress and increase productivity, making it possible to handle various demands more effectively.
If you were interested in evaluating the profitability of a company and could have only limited historical data, would you prefer to know operating income or net income for the past five years?
When the central bank decides to increase the discount rate, the:?
Final answer:
Increasing the central bank's discount rate leads to a decrease in commercial banks' borrowing from the central bank, resulting in a reduction of the money supply and a rise in market interest rates as part of monetary policy.
Explanation:
When the central bank decides to increase the discount rate, it affects commercial banks by discouraging them from borrowing reserves from the central bank. Instead, these commercial banks may call in loans to replenish their reserves, leading to a reduction in the overall availability of loans. As a result, the money supply contracts and market interest rates tend to rise. This is a method of conducting monetary policy that directly impacts the economy by controlling the lending capacity of commercial banks.
In recent periods, however, the Federal Reserve has seldom made discount loans, and most banks prefer other borrowing sources before resorting to the Federal Reserve's discount window. While changing the discount rate has become a less predominant tool in impacting banking behavior, it remains a significant symbol of the direction of the Federal Reserve's monetary policy. Particularly, open market operations have emerged as a more effective tool for achieving desired monetary outcomes.
The growing trend toward universal customers and products means _____ has become an important factor in purchasing and the supply chain.
In the long run, when marginal cost is above average total cost, the average total cost curve exhibits
a. constant returns to scale.
b. diseconomies of scale.
c. efficient scale.
d. economies of scale.
Diseconomies of scale
What is diseconomies of scale ?The cost disadvantages that economic actors incur as a result of a growth in organizational size or in output, resulting in the production of goods and services at higher per-unit costs, are known as diseconomies of scale in microeconomics. Economies of scale are opposed by the idea of diseconomies of scale. Diseconomies of scale[1] are the characteristics of a business that cause average costs to rise when it expands past a particular size.
All workers in a company should ideally communicate directly with one another so that they are fully aware of what the other employees are doing. There is no need for inter-employee communication in a company with just one person. A two-person business needs a single line of communication that runs between the two employees.
A company with three employees needs three channels for employee communication (between employees A & B, B & C, and A & C). Here is a diagram of the necessary one-on-one communication channels
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A common stockholder has no guarantee of receiving any cash inflows, but receives what is left after all other claims on the firm's income and assets have been satisfied.
a. True
b. False
Price elasticity of demand refers to the ratio of the:
The ratio of the percentage change in the quantity demanded of a good to a percentage change in its price refers to the price elasticity of demand.
To add, price elasticity of demand (PED or Ed) is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to a change in its price, ceteris paribus.
The price elasticity of demand refers to the ratio of the percentage change in the quantity demanded of a good or service to the percentage change in the price. It helps us understand how sensitive the demand for a product is to changes in its price.
Explanation:The price elasticity of demand refers to the ratio of the percentage change in the quantity demanded of a good or service to the percentage change in the price of that good or service.
For example, if the price of a product increases by 10% and the quantity demanded decreases by 5%, the price elasticity of demand would be -0.5.
Price elasticity of demand helps us understand how sensitive the demand for a product is to changes in its price.
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When it appears in a letter, memo, or email, what does the symbol "c" stand for?
In order to calculate marginal cost, the change in ______________ is divided by the amount of change in quantity.
In order to calculate marginal cost, the change in either total cost or variable cost is divided by the amount of change in quantity. Thus option C is correct.
What is marginal cost?The marginal cost is the difference between the overall cost of manufacturing and contributing one more unit to a batch. Identifying the point at which a company can attain scale advantages in order to enhance productivity and overall operations is beneficial.
Divide the variation in manufacturing costs from the variation in quantity to determine the marginal cost. The producer may make money if the cost to manufacture one extra unit is lower than the price per unit.
Therefore, option C is appropriate.
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The complete question is Probably
In order to calculate marginal cost, the change in ______________ is divided by the amount of change in quantity.
A. either total cost or average cost
B. increasing marginal returns
C. either total cost or variable cost
D. decreasing marginal returns
A stock pays a constant annual dividend and sells for $31.11 a share. if the dividend yield of this stock is 9 percent, what is the dividend amount? $1.40 $1.80 $2.20 $2.40 $2.80
Senator dogood is pushing for the construction of a new military base in his state even though, from the standpoint of national security, it is clear that there are better places to locate the new military base. economic theory would suggest that senator dogood is
True or false: it doesn’t matter whether you compute marginal cost using total cost or variable cost.
The ________________ variance is the difference between the actual variable overhead costs and the budgeted variable overhead for actual production.
A downward-sloping portion of a long-run average total cost curve is the result of:
One of the reasons the apple ii computer was popular was that ________.
Matt enjoys seeing for himself how things are going in his department. often you can find matt out in the area visiting his employees and listening to them talk about their work. matt is using which control? technique?
_____ encourage employees to behave in a socially responsible manner.
The current use of fossil fuels versus the need to develop new renewable energy sources is an example of ________. how short-term needs are in opposition to long-term sustainability two different goals that are not in opposition governmental vision competing with economic practicalities two unrelated and independent but positive environmental goals an issue that will never be resolved
Last year mike bought 100 shares of dallas corporation common stock for $53 per share. during the year he received dividends of $1.45 per share. the stock is currently selling for $60 per share. what rate of return did mike earn over the years
Final answer:
Mike earned a 15.94% rate of return on his investment in Dallas Corporation stock, which includes both dividends received and the capital gain from the increase in the stock's selling price over the year.
Explanation:
To calculate the rate of return Mike earned on his investment in Dallas Corporation stock, you need to consider both the dividends received and the capital gains from the increase in stock price. Mike bought the stock at $53 per share and received dividends of $1.45 per share.
The stock's current price is $60, up from the purchase price. Therefore, Mike has made a capital gain of $60 - $53 = $7 per share. His total earnings per share, including dividends, are $7 (capital gain) + $1.45 (dividends) = $8.45.
The rate of return is calculated by dividing the total earnings per share by the original purchase price per share and then multiplying by 100 to get a percentage. So, Mike's rate of return would be ($8.45 / $53) × 100 = 15.94%. Therefore, Mike earned a 15.94% return on his investment over the year.
The positive principle, the constructionist principle, and the simultaneity principle are principles of: