Question: To minimize costs for a given level of output, a firm chooses the iso-cost line which is:Select one:a. Furthest from the originb. Closest to the ...
Answers
To minimize costs for a given level of output, a firm chooses the iso-cost line which is b. closest to the origin.
An isocost line is a curve that depicts numerous input combinations that cost the same total amount. The isocost curve is a straight line for the two production inputs, labor and capital, with stable unit costs of the inputs. The isocost line, in conjunction with the isoquant line, is always used to establish optimal production.
If w represents the labor wage rate, r represents the capital rental rate, K represents the quantity of capital used, L represents the amount of labor used, and C represents the overall cost of the two inputs, then the iso-cost line can be calculated.
C=rK+wL
To know more about iso-cost:
https://brainly.com/question/31056938
#SPj4
Correct question:
To minimize costs for a given level of output, a firm chooses the iso-cost line which is:
Select one:
a. Furthest from the origin
b. Closest to the origin
C. Vertical
d. Where factor 1 is equal to factor 2
Related Questions
formal performance evaluation is done primarily for which
workers?
Answers
Formal performance evaluation is done primarily for salaried workers. Salaried workers are those employees who receive a fixed salary for their work performed.
They are considered full-time employees and typically have regular schedules and benefits such as healthcare and paid time off.
Formal performance evaluations are used to assess an employee's performance and provide feedback on their strengths and weaknesses. This information is used to determine promotions, raises, or disciplinary action if necessary.
The formal performance evaluation process is typically conducted annually or semi-annually. The process involves a review of the employee's job responsibilities and an assessment of their performance based on specific criteria such as productivity, quality of work, teamwork, and communication skills.
The evaluation may also include feedback from managers, colleagues, and customers.
The purpose of the formal performance evaluation process is to provide employees with feedback on their performance and help them to identify areas for improvement. It also provides an opportunity for managers to recognize the achievements of their employees and to align their goals with those of the organization.
The formal performance evaluation process helps to establish clear expectations for employees and provides a basis for ongoing coaching and development.
To know more about communication skills click on below link:
https://brainly.com/question/29468743#
#SPJ11
2)
Within the relevant range, which of the following statements is true with respect to fixed costs per unit?
_______
A)
They will increase as production decreases.
B)
They will increase as production increases.
C)
They will decrease as production decreases.
D)
They will remain the same as production levels change.
Answers
Within the relevant range, fixed costs per unit will remain the same as production levels change. This is because fixed costs do not vary with changes in production volume, unlike variable costs. The answer is option d.
Fixed costs are expenses that remain constant regardless of the level of production, such as rent, property taxes, and insurance. Therefore, the total amount of fixed costs will remain the same regardless of the number of units produced. However, the fixed cost per unit will decrease as production levels increase, as the total fixed costs are spread over a larger number of units.
Conversely, the fixed cost per unit will increase as production levels decrease, as the total fixed costs are spread over a smaller number of units. It is important to note that this relationship only holds within the relevant range, which is the range of production levels where the company's assumptions about cost behaviour hold true. If production levels fall outside the relevant range, fixed costs per unit may not remain constant.
To know more about Fixed Costs visit:
https://brainly.com/question/30057573
#SPJ11
You are starting a shopping service for elderly people in your community who cannot leave their homes. Write a mission statement that clearly communicates the purpose of your business.
Answers
To write a mission statement about starting a shopping service for elderly people in your community, begin writing what your company does. In this case, start with "My company's purpose is to start a shopping service for elderly people in my community (name of your community)."
Then follow up by describing how your business plan to operate its services.
Here, you can state that "My company's purpose is to provide shopping services that allow all elderly people to experience easy and comfortable life."
Thus continue by adding the reason your company operates its services.
Finally, your mission statement can look like this:
At Brainly (name of your company), we provide shopping services to make elderly people experience an easy and comfortable life.
Hence, in this case, it is concluded that a mission statement should have the purpose, values, and goals of the company.
Learn more here: https://brainly.com/question/13946297
education opens the door to employment.
Answers
Answer:
yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.
Heila is the daughter of your neighbor, Mary. She and her 6-year-old son moved in with Mary in August. Mary would like you to prepare a return claiming the grandson as her qualifying child. What do you do? File the return since you know that Mary has done them a favor by allowing them to move in.
Answers
Answer:
The options are missing:
File the return since you know that Mary has done them a favor by allowing them to move in. Explain the residency requirement and file the return showing the grandson lived with Mary for more than half the year. File the return, but only after Mary assures you that Sheila will not be claiming her son. Explain to Mary that she is not eligible to claim her grandson, and that you cannot knowingly file an incorrect tax return.My answer would be:
4. Explain to Mary that she is not eligible to claim her grandson, and that you cannot knowingly file an incorrect tax return.
Explanation:
This is both a legal and ethical question.
Legally, Mary is not allowed to deduct Heila's son as her dependent because she only lived with her for 5 months and the minimum requirement is 6 months.
Ethically, you are asked to benefit someone that is your friend (or might not), but in order to do so you must break the law. Is it ethical to break the law in order to benefit an specific person? The answer is no, the law should be the same for everyone. To be honest, no one will probably even realize that you did something illegal, but bad actions always have consequences and we do not always realize them.
what are the two main influences that the situation has on individual performance and behavior?
Answers
The two main influences that the situation has on individual performance and behavior are
The work context constrains or facilitates performance and behavior.- The job environment provides cues to motivate and guide employees.What is Behavior?This refers to the way a person acts around people and how he relates to them that is impacted by certain factors.
Hence, we can see that there are certain factors that have an impact on the performance and behavior of a person and we can see that the work constraint and the job environment are two main factors.
Read more about job environments here:
https://brainly.com/question/15935452
#SPJ11
the question I have is on the sheet
Answers
Answer:
I think it's first one tooo
Which of the following lists the three types of firms in the United States from smallest to largest in terms of volume of sales in 2012 a. Partnerships, sole proprictorships, corporaticons b. Sole proprictorships, corporations, partnerships c. Corporations, partnerships, sole peoprictoeships
Answers
b. Sole proprietorships, corporations, partnerships
In terms of volume of sales in 2012, the three types of firms in the United States are listed from smallest to largest as follows: sole proprietorships, partnerships, and corporations.
Sole proprietorships are the smallest in terms of sales volume as they are typically small-scale businesses owned and operated by a single individual. Partnerships come next, which involve multiple owners sharing the profits and liabilities.
Corporations, being larger and more complex entities, have the highest sales volume due to their ability to raise capital and attract investors.
For more questions like Capital click the link below:
https://brainly.com/question/29946431
#SPJ11
The table shows the terms of a fixed-rate mortgage.
Which accurately describes the terms of this mortgage? Check all that apply.
The homeowner is borrowing $360,000.
The monthly interest rate is 4 percent.
Monthly payments must be made for 30 years.
The annual interest rate is 4.8 percent.
The homeowner is borrowing $200,000.
Monthly payments must be made for 360 years.
Answers
The fixed-rate mortgage concept is used in home loans. Monthly payments for 30 years, the interest rate is 4.8%, and borrowing $200,000.
What is a fixed-rate mortgage?It is usually used in home loans with a fixed interest rate during the term of the loan. It is beneficial because once the rate of interest is fixed it is not influenced by the increase in the rate in the future.
C - Monthly payments for 30 years.
D - The interest rate is 4.8 % annually
E - borrowing $200,000.
Therefore, options C, D, and E explain the fixed-rate mortgage.
Learn more about fixed-rate mortgages here:
https://brainly.com/question/2726838
What is one advantage corporations have over other types of businesses?
O A. Corporations are the easiest businesses to set up.
B. Corporations have a nearly unlimited life span.
C. Corporations have fewer legal regulations to follow.
O D. Corporations are controlled by only one person.
SUBMIT
Answers
Answer:
B
Explanation:
ONE advantage corporations enjoy over other business forms is B. Corporations have a nearly unlimited life span.
Corporations do not cease to operate if one or some of the owners die. Each stockholder's shares are transferable by inheritance or sale. Corporations enjoy perpetual existence.
Other advantages of corporations over other business forms are:
Shareholders enjoy the protection of personal liability (limited liability of ownership)Shareholders have a business that is professionally managedThe business type has easy access to funds.
Unfortunately, corporations are not the easiest to form because of the rigid formalities accompanying their formation and management. Shareholders suffer double taxation because the corporation pays taxes as an entity, and shareholders pay another tax when they receive dividends. The legal regulations are many and time-consuming.
Thus, the unlimited life span of corporations makes them the best form of business since control and ownership of a corporation are not limited to one individual.
Read more: https://brainly.com/question/14497294
John F. Kennedy believed that a leader should be ?
Answers
Answer:
kn
Explanation:
Answer: B
Explanation:
(Help Needed ASAP will give Brainlist)
List two products and then discuss how supply and demand appear to affect the prices of each of the products.
Answers
Answer:
As the supply of Gasoline goes up, the price goes down and the demand goes up, which the higher demand of gasoline will lower the supply and push the prices higher, which will lower the demand, and with the demand being low, the supply gets higher and the whole cycle starts again
Are tailor is able to track which products draw the most attention from its customers?
Answers
By placing 5g-capable motion sensors around the store, a merchant can monitor which goods get the most attention from its consumers. Using this information, the merchant can provide the right number of items to satisfy client demand.
The items to satisfy client demands:The intelligent transportation system (ITS) application known as platooning involves moving cars in close formation to cooperate. Platooning has the power to increase capacity, increase road safety, and reduce fuel consumption.A radio frequency (RF) management method called beamforming targets a wireless signal at a particular receiving device. Technology that uses beamforming includes acoustics, radar, sonar, wireless communications, and others.A method for splitting a multi-domain infrastructure into several logical and virtual networks is called network slicing.The Internet of Things (IoT) is a rapidly growing system of interconnected objects that uses embedded sensors to collect and distribute data in real-time.To view more questions on Retailer and customers, refer to:
https://brainly.com/question/28121448
#SPJ4
Identify, describe, and analyze various sustainable practices that could be employed by recreational areas and facilities.
Answers
The sustainable practices that could be employed by recreational areas and facilities are they may include improving the air and water quality in the community and reducing the agency's impact on the environment such as using fuel-efficient vehicles and reducing the use of pesticides.
What are sustainable practices?Sustainable practices support ecological, human, and economic health and vitality. Sustainability presumes that resources are finite, and should be used conservatively and wisely with a view to long-term priorities and consequences of how resources are used.
In simplest terms, sustainability is about our children and our grandchildren, and the world we will leave them.
Learn more about sustainable, here:
https://brainly.com/question/29355708
#SPJ1
3. ______ are defined as goods or services that are required for health and safety.
Answers
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
Learn more about the safety of goods here:
https://brainly.com/question/28480753
#SPJ1
even one instance of unsafe driving will lower your fico score? . true false
Answers
The statement is True. Even one instance of unsafe driving will lower your fico score.
A FICO score is a credit score created via the honest Isaac Corporation (FICO). lenders use debtors’ FICO ratings at the side of different info on debtors’ credit reviews to evaluate credit score danger and decide whether or not to extend credit.
FICO scores keep in mind information in 5 regions to determine credit score worthiness: charge records, the current level of indebtedness, styles of credit used, duration of credit score history, and new credit money owed.
FICO is a main facts analytics software business enterprise that provides services and products to each agency and customer. previously called the honest Isaac agency, the business enterprise changed its emblem call to FICO in 2009 and is pleasantly acknowledged for producing the most extensively used client credit ratings that monetary institutions depend upon to determine whether to lend money or difficulty credit score.
To learn more about Fico score visit here:
brainly.com/question/10525200
#SPJ4
In your opinion, is the “shrink it and pink it” strategy an effective way to market sports apparel to women? Why or why not?
Answers
Answer:
Concept: Business Administration
By definition the shrink it and pink it is a method employed by marketing to create a curated color that appeals to the women eye and also retroactively fits their figure and stature.Arguably, the strategy is effective in principle as it attracts more women buyers that would have otherwise skipped over the said sport apparel. It curated a line of clothing that suits them and makes them feel included. The principle of inclusiveness is a driving factor in this strategy which inherently has increased the sales of women apparel.Answer:
I don't think it's an effective strategy. It seems a little sexist to be completely honest. As someone who was raised by an extremely progressive mother, I think it's safe to say that women don't appreciate generalizations, much less made by the marketplace.
What is a C corporation?
Answers
Answer:(:
Explanation:
A C corporation, under United States federal income tax law, is any corporation that is taxed separately from its owners.
g why is an update/patch process crucial for any organization to have and follow? discuss some issues that may arise when patching and updating machines. list any observations, tips or questions about this lab that would prove helpful to fellow students prior to midnight on wednesday and comment on other student posts with value added comments (not simply agreeing) by midnight sunday for full credit consideration.
Answers
An update/patch process is crucial for any organization to have and follow because it helps maintain the security, stability, and functionality of systems and software.
Some issues that may arise when patching and updating machines include compatibility problems, system downtime, and potential introduction of new bugs.
Observations and tips for fellow students:
Always test patches and updates in a controlled environment before deploying them organization-wide.Schedule updates during periods of low usage to minimize disruptions.Create a backup of your system before applying updates in case you need to roll back changes.Stay informed about known vulnerabilities and prioritize updates accordingly.Ensure that all team members are aware of the update/patch process and the importance of adhering to it.Remember to comment on other student posts with value-added comments to enhance your learning experience and provide helpful insights.
Learn more about updating machines https://brainly.com/question/29230396
#SPJ11
suggest any 5 methods by which the condition of technical education can be improved
Answers
Answer:
Acknowledge and address overcrowding.
Make funding schools a priority.
Address the school-to-prison pipeline.
Raise standards for teachers.
Put classroom-running and curriculum-building decisions in the hands of the community.
Explanation:
Technology can be utilized to improve teaching and learning and help our students be successful. ... Through the use of learning management systems (LMS) students can access online resources to get assistance on demand beyond the physical reach of their teacher. Technology can also extend education in another way.
assisted projects aimed at improving technical and vocational education. Introduction ... priorities as defined by aid recipients (see, for example, Gray &.
Technical education is a term applied to schools, institutions, and educational programs that specialize in the skilled trades, applied sciences, modern technologies.
Profit Margin, Investment Turnover, and ROI Briggs Company has income from operations of $13,860, invested assets of $110,000, and sales of $198,000. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin % b. Investment turnover c. Return on investment %
Answers
Profit margin = 7% b. Investment turnover = 1.8 c. Return on investment = 12.6%
Using the DuPont formula, we can calculate the Return on Investment (ROI) by finding the Profit Margin, Investment Turnover, and then multiplying them together. Here's the calculation using the given data for Briggs Company:
a. Profit Margin = (Income from Operations / Sales) * 100
Profit Margin = ($13,860 / $198,000) * 100
Profit Margin ≈ 7.00%
b. Investment Turnover = Sales / Invested Assets
Investment Turnover = $198,000 / $110,000
Investment Turnover ≈ 1.80
c. Return on Investment (ROI) = Profit Margin * Investment Turnover
ROI = 7.00% * 1.80
ROI ≈ 12.60%
So, for Briggs Company:
a. Profit Margin is approximately 7.00%
b. Investment Turnover is approximately 1.80
c. Return on Investment is approximately 12.60%
Learn more about Profit here:
https://brainly.com/question/15036999
#SPJ11
Cost of the asset: $100,000. Cost of the asset – Estimated salvage value: $100,000 – $20,000 = $80,000 total depreciable cost. Useful life of the asset: 5 years. Divide step (2) by step (3): $80,000 / 5 years = $16,000 annual depreciation amount
Answers
Depreciation is the process of allocating the cost of a tangible asset over its useful life. In this example, the asset has a cost of $100,000 and an estimated salvage value of $20,000.
This means that the total depreciable cost of the asset is $80,000 ($100,000 - $20,000).
The useful life of the asset is estimated to be 5 years. To calculate the annual depreciation amount, we need to divide the total depreciable cost by the useful life of the asset. Therefore, the annual depreciation amount would be $16,000 ($80,000 / 5 years).
This means that the company can deduct $16,000 from its taxable income each year for the next five years to account for the cost of the economy asset. The salvage value of $20,000 represents the estimated amount that the company will receive for the asset at the end of its useful life. This salvage value will reduce the amount of depreciation expense that the company can claim in the final year of the asset's useful life.
Learn more about economy here
brainly.com/question/2421251
#SPJ4
Which solutions would be appropriate for everyone in both low financial wellness groups?
(multiple answers can be selected)
Answers
Improving financial wellness can be a long-term process, and there is no one-size-fits-all solution. However, there are some general steps that people in low financial wellness groups can take to improve their financial situation:
Create a budgetReduce debtIncrease savingsIncrease incomeSeek financial guidanceThese steps can be adapted to suit each person's individual circumstances and financial goals. By taking a proactive approach to improving financial wellness, individuals in low financial wellness groups can take control of their finances and improve their overall well-being.
Remember, improving financial wellness takes time, patience, and consistency. It's essential to create a plan and stick to it, even if progress is slow. By taking small steps and making progress, anyone in a low financial wellness group can improve their financial situation and achieve financial stability.
Learn more about financial wellness here:
https://brainly.com/question/24532911
#SPJ1
What lump sum of money must be deposited into a bank account at the present time so that $400 per month can be withdrawn for five years, with the first withdrawal scheduled for six years from today? The interest rate is 3/4% per month. (Hint: There are 60 monthly withdrawals and they begin at the end of the month 72..) The lump sum of money should be $ (Round to the nearest dollar.)
Answers
The lump sum of money that must be deposited into the bank account at the present time is approximately $24,340.
To calculate the lump sum of money that must be deposited into a bank account, we need to find the present value of the future cash flows.
Given:
- Monthly withdrawal amount: $400
- Duration: 5 years (60 months)
- First withdrawal scheduled 6 years from today (72 months)
- Interest rate: 3/4% per month (0.0075)
We can use the present value formula to calculate the lump sum:
\(PV = PMT * [1 - (1 + r)^(-n)] / r\)
Where:
PV = Present Value (the lump sum to be deposited)
PMT = Monthly withdrawal amount
r = Interest rate per period
n = Number of periods
Substituting the given values into the formula:
\(PV = $400 * [1 - (1 + 0.0075)^(-60)] / 0.0075\)
Using a calculator or spreadsheet, we can solve for PV:
PV ≈ $24,340
Therefore, the lump sum of money that must be deposited into the bank account at the present time is approximately $24,340.
learn more about bank here:
https://brainly.com/question/7275286
#SPJ11
In a purchases-payables computer system, a purchase order is created after which document has been processed?
Answers
Business name, report name, and period covered by report are included in the____?
Answers
Answer:
Annual Report
Explanation:
An annual report is a document that public corporations are required to provide to their shareholders each year that describes their operations and financial conditions. The report's front section frequently contains an impressive combination of graphics, photos, and an accompanying narrative, all of which chronicle the company's activities over the previous year and may also make predictions about the company's future. The report's back section contains detailed financial and operational information.
________, a concept of tort law, provides an avenue for consumers to hold producers responsible for their products. Multiple choice malpractice battery extortion negligence
Answers
The d. negligence, a concept of tort law, provides an avenue for consumers to hold producers responsible for their products.
In tort law, the notion of negligence holds people or organisations accountable for their deeds or omissions when they fail to use reasonable care, inflicting harm or injury on others. Customers can thus, hold manufacturers liable for their products under consumer protection laws if they can demonstrate that they were negligent in designing, producing, or marketing a product that caused them harm or injury.
Malpractice is a particular kind of negligence that relates to professional negligence committed by licenced professionals throughout the course of their practise, such as physicians or attorneys. While battery is a tort that refers to willful, offensive, or damaging contact with another person without that person's permission. Extortion is the illegal practise of demanding goods, cash, or services from another person under duress or threats.
Complete Question:
________, a concept of tort law, provides an avenue for consumers to hold producers responsible for their products.
a. malpractice
b. battery
c. extortion
d. negligence
Read more about negligence, on:
https://brainly.com/question/25911081
#SPJ4
you want to buy a new sports car for $55,000. the contract is in the form of a 60-month ordinary annuity at an apr of 5.6 percent compounded monthly. what will be your monthly payment?
Answers
The correct response is C. $1,058.01. Your monthly payment will be $1,058.01.
Payment is the transfer of funds, property, or services in exchange for the provision of products and services in an amount that is mutually acceptable and has been previously agreed upon. Payment options include cash, checks, wire transfers, credit cards, debit cards, and even cryptocurrencies. Knowing how to pay. The data needed for customers to make an online purchase is payment information. Cash in advance, letter of credit, documentary collection or draft, open account, and consignment are the five main payment methods used in international trade, listed in order of least to most secure.
Learn more about payment here
https://brainly.com/question/25898631
#SPJ4
You want to buy a new sports car for $55,000. The contract is in the form of a 60-month annuity due at a 6 percent APR, compounded monthly. What will your monthly payment be?
A. $1,047.90
B. $1,053.87
C. $1,058.01
D. $1,063.30
E. $1,072.11
Complete the sentence with all of the accurate statements regarding the relationship between conscientiousness and job performance.Conscientiousness is consistently and positively related to ______.
a. creativity
b. resilience
c. cooperation
d. supervisor-rated liking
e. leadership behavior
f. task performance
Answers
The best option to complete the sentence "Conscientiousness is consistently and positively related to" is task performance.
Creativity: The ability to use imagination to produce a new idea or product that is useful to society.Resilience: The ability to recover quickly from failure, depression, illness or misfortune.Cooperation: The act of working together, especially for a common purpose of benefit.Supervisor-rated liking: Being liked by the person who monitors someone to make sure workers comply with rules or other requirements set for them.Leadership behavior: The quality of having the capacity to lead or direct othersTask performance: This refers to how work is being done by a person.Therefore, the best option to complete the sentence "Conscientiousness is consistently and positively related to" is task performance.
Read more:
https://brainly.com/question/25009745
The data show the
number of railroad crossing accidents for the 50 states
of the United States for a specific year. Construct a
histogram, frequency polygon, and ogive for the data.
Comment on the skewness of the distribution. (The data
in this exercise will be used for Exercise 14 in this
section.)
Class limits Frequency
1–43 24
44–86 17
87–129 3
130–172 4
173–215 1
216–258 0
259–301 0
302–344 1
Answers
Answer:
I hope this helps
Explanation:
216-258 0