Determine the profit maximizing price and quantity of resources in factor markets under perfect and imperfect competition by use of marginal analysis.​

Answers

Answer 1

The demand for resources is derived from the demand for products and services, since most resources in their native form have little benefit. Businesses buy resources from households, who are the direct or indirect owners of land, labor, capital, and entrepreneurial resources, to produce the products and services that society desires. This is part of the circular flow model where businesses supply products that households demand and where businesses demand resources that households supply

Resource demand depends on the productivity of the resource in creating the good and also on the market value of the good produced. The production function relates the quantity of inputs used to produce a good to the quantity of output of that good.

Output Quantity

Production Function = ÷

Input Quantity

Graph of the production function, showing the relationship of the quantity of product output over the quantity of resource input.

However, for a firm with fixed assets, the production function increases more slowly as the quantity of inputs increases.

Marginal product (MP) is the additional output that results when using an additional resource unit.

Output Change

Marginal Product = ÷

Additional Input

When variable resources are applied to fixed resources or fixed assets, the marginal product diminishes as more additional resources are added, which is called, naturally enough, the principle of diminishing marginal product.


Related Questions

Which of the following statements best characterizes the O*NET view of how greening is changing the
United States economy? (BRAINLIEST if you answer)
The demands of a greening economy will affect different occupations in different ways.
Everyone's jobs will be different as green technology chapges everything,
A greening economy will primarily demand that existing jobs adapt to new approaches,
The primary change a greening economy will create is the demand for entirely new jobs.

Answers

Answer:

The demands of a greening economy will affect different occupations in different ways.

Explanation:

just did it.

The O*NET view of how greening is changing the United States economy is best characterizes as The demands of a greening economy will affect different occupations in different ways. Thus the correct option is A.

What is the economy?

The economy of any country is determined by the ratio of production and consumption that takes place within a year and evaluates the flow of funds in the market by analyzing the purchasing parity of an individual.

An existing O*NET's job and labor requirements significantly change as a result of the influence of green economy activities and technologies giving more opportunities.

The Green Economy was described by the O*NET study as "commercial activity related to lowering the number of fossil fuels, decreasing pollution, and reducing greenhouse gases that are present in the environment and have an impact on human life.

Therefore, option A is appropriate.

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If a code of conduct is to be taken seriously, it must ______. a. Include every situation an employee might find themselves in b. Be applicable to every part of a business c. Be followed and enforced by the company’s owners d. Be short and to the point so everyone can read it quickly

Answers

The answer is most likely C, having leadership follow and enforce company procedure can increase the likelihood that the said procedure will be followed

Answer:

C. Be followed and enforced by the company’s owners

Explanation:

May I have brainliest please? :)

The owner of a mansion with extensive landscaped grounds installed a life-size marble statue of his late mother affixed to a granite pedestal on the premises. The statue, a fixture, was specially commissioned by the owner from a well-known sculptor. Several years later, the owner entered into a contract to sell the mansion and its grounds. The contract made no mention of the statue. Prior to closing, the buyer learned that the owner planned to remove the statue before delivering the deed to the property. The buyer has objected, arguing that the statue must stay on the premises. Can the owner remove the statue

Answers

Answer:

I'm really not sure why the buyer would want to keep the statue of the seller's dead mother in the premise, it sounds creepy, but he/she entitled to do so. The statue is probably considered a fixture of the house, mansion or premise however you want to call it. When someone sells a property, he/she must include all the fixtures, e.g. doors, windows, pool. A fixture is something that is physically attached to the property.

If the seller plans to remove some fixture, e.g. an expensive lamp in the living room, he/she must state so before closing the deal and the buyer must accept it (generally it would be included in the contract).

Which should Jill do to increase her credit score?
Open new credit card accounts.
Use at least 70% of her credit limit.
Pay off her credit card debt.
Skip a credit card payment.

Answers

Answer:

Pay off her credit card debt.

Explanation:

A credit score is indicative of one's history of loan repayments.  A high credit score communicates that the borrower has been timely in paying their loans.  It tells that an individual has been responsible when using credit facilities.

A low credit score says that the customer is often late in repaying their loans. If Jill wants to improve his credit score, he should clear all his outstanding debts.

Answer:

C. Pay off her credit card debt.

Explanation:

Edge.nuity  2020

Why is previous work experience important when getting a job?

Answers


Job experience will help you determine whether in the future the place or sector is somewhere you see yourself.

Answer: The other person was right, go ahead an' mark them brainliest ;b

what can we infer about the salesman from baltimore

Answers

Answer:

That he is a salesman

Explanation:

Answer:

He believes that working with others is a smart business move.

Explanation:

Got a 100 ill post the other three

Dorothy and matt are ready to purchase their first home. their current monthly cash inflows are $4900, and their current cash outflow is $3650. their rent makes up $650 of their cash flows. they would like to put 10% of their cash inflows into savings and put another $200 into their checking account for emergencies. how much of a mortgage payment can they manage under these conditions.

Answers

Current monthly cash inflows = $4,900

Current monthly cash outflows = $3,650.

Monthly Rent = $650

Monthly savings = 10% of their cash inflows = 10%...

10% a mortgage payment can they manage under these conditions.

Monthly savings = 10% of their cash inflows = 10%

What is a mortgage?

When you and a lender enter into a mortgage, the lender is granted the power to seize your property if you are unable to pay back the loan amount plus interest. To purchase a property or borrow money against the value of a home you currently own, you can use a mortgage loan.

The amount of money borrowed from a financial institution as a loan is used to fulfill certain objectives or requirements. It could be secured or collateral-free. An immovable property that is pledged as collateral to get a loan is referred to as mortgage.

A mortgage loan is a secured loan that enables you to access money by giving the lender collateral in the form of an immovable asset, like a home or commercial property.

Current monthly cash inflows = $4,900

Current monthly cash outflows = $3,650.

Monthly Rent = $650

Monthly savings = 10% of their cash inflows = 10%

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Most Solutions, Inc., issued 10% bonds, dated January 1, with a face amount of $640 million on January 1, 2018. The bonds mature in 2028 (10 years). For bonds of similar risk and maturity the market yield is 12%. Interest expense is recorded at the effective interest rate. Interest is paid semiannually on June 30 and December 31. Most recorded the sale as follows: January 1, 2018 Cash (price) 566,589,440 Discount on bonds (difference) 73,410,560 Bonds payable (face amount) 640,000,000

Answers

Answer:

The requirement is missing, so I looked for similar questions and found that the requirement was:

What would be the amount(s) related to the bonds that Most would report in its statement of cash flows for the  year ended December 31, 2018?

In the statement of cash flows, you report cash inflows or outflows.

Since the company received $566,589,440 when they issued the bonds, that amount should be included in the cash flows from financing activities section.

Depending on which method you use to report the operating cash flows, you should include the coupons paid, or not. If you use the direct method, then you should include the coupon payments as part of the operating cash flows. But if you use the indirect method (which is the most commonly used method), the coupons have already been included as an expense in the income statement, so you do not need to include them in the cash flow statement.

A florist designs two high-profit arrangements— a funeral wreath and a bridal centerpiece. The company’s employees can complete up to 18 arrangements each day using up to 24 total person-hours of labor. It takes 4 person-hours to complete 1 funeral wreath, and 1 person-hour to complete 1 bridal centerpiece. How many of each type of arrangements should the florist produce daily for maximum profit, if the profit on a funeral wreath is $75and the profit on a bridal centerpiece is $40?

Answers

Solution :

Given

P = 75 x + 40 y

The constraints are

[tex]$x+y \leq 18$[/tex] .........(i) and          

[tex]$4x+y \leq 24$[/tex] .......(ii)

Solving (i) and (ii), we get

x = 2 and y = 16

Now

[tex]$x+y \leq 18$[/tex]   (total arrangement less than equal to 18)

[tex]$4x+y \leq 24$[/tex]   (total person hours less than equal to 24)

Maximum profit = 75 (2) + 40(16)

                          = 790

From the graph, the point of intersection and points that is plotted in between numbers between the 10 units on x-axis and y-axis are used in the graph.

So,

[tex]$x+y \leq 18$[/tex]  became [tex]$x+y \geq 18$[/tex]

[tex]$4x+y \leq 24$[/tex]   became  [tex]$4x+y \geq 24$[/tex]

[tex]$x \geq 0$[/tex]   became  [tex]$x \leq 0$[/tex]

[tex]$y \geq 0$[/tex]  became  [tex]$y \leq 0$[/tex]

So now the profit at point (0, 18) = 75(0)+40(18) = 720

Profit at point (6,0) = 75(6)+40(0) = 450

Profit at intersection point (2,16) = 75(2)+40(16)

                                                     = 150 + 640

                                                     = 790

Maximum profit = 790

So maximum profit is attained when 2 wreath are built and sold and 18 center pieces are built and sold.      

There are 10,000 shares of $20 par value cumulative 7 percent preferred stock outstanding, and 90,000 shares of common stock outstanding. Last year, the preferred stock did not receive its dividend because of a loss. This year, dividends of $50,000 are distributed to shareholders.

Answers

Answer:

Since the preferred dividends are cumulative, any dividends not paid last year will be paid this year before any common dividends are paid.

Preferred dividends = 10,000 x $20 x 7% x 2 = $28,000

Dividends per preferred stock = $28,000 / 10,000 = $2.80

Common stocks dividends = $50,000 - $28,000 = $22,000

Dividends per common stock = $22,000 / 90,000 = $0.24

The value of the preferred dividends will be $28000 and the dividends will be $2.80.

From the information given, it should be noted that the preferred dividends will be calculated thus:

= 10000 × 20% × 7% × 2

= 10000 × 0.2 × 0.07 × 2

= $28000

Dividend per preferred stock will be:

= $28000/10000

= $2.80

The common stocks dividend will be:

= $50000 - $28000 = $22000

The dividend per common stock will be:

= $22000/90000 = $0.24.

Preferred stock is 2.80 and common stock is 0.24.

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You and four other team members attend a seminar on conflict. The seminar costs $150 per person. You will need to drive two cars to the seminar, and make a 100-mile round trip from your office. If two drivers are reimbursed 37.5 cents per mile, what is the cost for the seminar?

Answers

Answer: $825

Explanation:

Total seminar cost for the team;

= 150 * 5 people

= $750

Two cars need to be driven the 100-mile round trip at 37.5 cents per mile.

= 2 * 100 * 37.5

= 7,500 cents

= $75

Cost of Seminar = 750 + 75 = $825

Whom do price supports benefit and whom do
they hurt?

Answers

they benefit producers and hurt consumers

2. What is the name of the tendency for your body to stay “in motion" through the air ​

Answers

Answer:

please mark as brainliest

Explanation:

ans: Inertia

Inertia is the tendency of a body in motion to remain in motion through the air.

The name of the tendency where the body has to stay in motion via the air is inertia.

The following information related to the inertia is:

It is the resistance with respect to the physical object along with its velocity. It involved the speed variation or the motion direction.It is the object's tendency where it remains to move in the straight line having the same speed at the time when no force is acted.

Therefore we can conclude that the name of the tendency where the body has to stay in motion via the air is inertia.

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what is logistics? plz answer

Answers

Answer:

the detailed coordination of a complex operation involving many people, facilities, or supplies.Explanation:

When selecting a credit card or applying for a loan, THIS is very important to identity, which is the cost of borrowing money expressed as year
rate
A.ARM
B.APR
C.SSA
D. SEC

Answers

Answer:

B.APR

Explanation:

APR, or annual percentage rate, is a phrase associated with credit cards, mortgages, and other types of loans. It refers to the interest paid on a loan per year. APR is expressed as a percentage and represents the actual cost of borrowing money. For an investment, the APR represents the expected returns as a percentage of the invested amounts.

When comparing lenders or selecting a credit card provider, the APR rate tells the borrower the borrowing cost from each lender.

What is something Nintendo has done to adapt to change?

Answers

Answer:Nintendo has constantly been ahead of the game, ... Its huge moves were about signaling significant changes in how the venerable game ... the one thing it had said it would never do: bring its games to smartphones. ... want to buy it and fit it into their increasingly device-loaded lives.

Explanation:

Nintendo has constantly been ahead of the game, ... Its huge moves were about signaling significant changes in how the venerable game ... the one thing it had said it would never do: bring its games to smartphones. ... want to buy it and fit it into their increasingly device-loaded lives.

if you are buying a home which type of lender would you choose to obtain a loan from?

Answers

Answer:

The Vedas were a collection of Aryan religious writings.

Explanation:

The Vedas were a collection of Aryan religious writings.

The Vedas were a collection of Aryan religious writings.

The Vedas were a collection of Aryan religious writings.

Credit. Credit activity and scores have a major impact on mortgage approvals and may influence the type of home loan and interest rate you receive. ...
Debt. ...
Income. ...
Employment. ...
Assets. ...
Down Payment.

In a statement to Gillette’s shareholders, its CEO indicated, "Despite several new product launches, Gillette’s advertising-to-sales declined dramatically . . . to 7.5 percent last year. Gillette’s advertising spending, in fact, is one of the lowest in our peer group of consumer product companies." If the elasticity of demand for Gillette’s consumer products is similar to other firms in its peer group (which averages -4.5), what is Gillette’s advertising elasticity?

Answers

Answer: ‭0.34

Explanation:

Gillette’s advertising elasticity tells of the impact that Gillette's advertising has on its demand.

Given the details in the question, the following formula can be used;

Advertising elasticity/ -Gillette elasticity of demand = Gillette’s advertising-to-sales

Advertising elasticity/ -(-4.5) = 7.5%

Advertising elasticity = 7.5% * 4.5

= ‭0.34

How will I apply abm learning strands in real life?

Answers

Answer:

you are the cutest member at brainly have a nice day

Yuan is signing a letter of intent to attend the University of Oklahoma after getting a gymnastics scholarship offer. Which step of the decision-making process is Yuan engaged in?
A. Define the decision to be made
B. Brainstorm all possible choices
C. Consider the consequences
D. Select the best choice and act

Answers

Answer:

The answer is A

Explanation:

define the decision to be made

Yuan is signing a letter of intent to attend the University of Oklahoma after getting a gymnastics scholarship offer. Define the decision-to-be-made step of the decision-making process is Yuan engaged in. The correct option is A.

What is the importance of decision-making?

In order to assess decisions risks, decision-making abilities must be strong. They enable us to consider all of our options, weigh their advantages and disadvantages, and gauge the risk.

The process of choosing a course of action involves identifying a decision, gathering data, and weighing potential solutions. By organizing pertinent information and defining alternatives, a step-by-step decision-making process can assist you in making more deliberate, thoughtful decisions.

Thus, the ideal selection is option A.

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Type the correct answer in the box. Spell all words correctly. Which view in a presentation program displays your slides in full-screen mode? The ___ view in a presentation program displays your slides in full-screen mode.

Answers

Answer:

The view in a presentation program displays your slides in full-screen mode is Slide Show view

Explanation:

Just took the test on edmentum.

Sally lee, the engineering manager, delegates tasks as a good manager should. However, mark hayes, the engineering director, has the bad habit of calling up sally unexpectedly to get detailed reports on various ongoing activities in sally's department. Sally does not want to hold daily staff meetings in order to satisfy mark's information needs because sally is quite certain that asking her professional staff to stand by and make daily reports will definitely be counterproductive, as all of them are known to prefer their independence. What should sally do?

Answers

Answer:

The definition becomes defined in the clarification paragraph below, according to the particular circumstance.

Explanation:

As either the engineering boss, I believe Sally knows her technical employees better upon where people choose and hate about either the meetings that have been taking place. She understands that her workers like freedom but also that requesting them should report periodically or daily will potentially hinder their efficiency, and also some waste work and attention. Therefore, Sally can find some middle ground path somewhere, practically. She might make an option in which those her boss, Mark Hayes, the director of engineering, including her staff should be satisfied with the conclusion reached. Sally would invite Mark please hold a regular meeting to provide a more excellent method rather than just group communication. Any efficiency improvements barely alter a day, cost too much, and often waste precious time. She should indeed, lift all the questions concerning her workers as well as the negatives involved with either the regular interactions.She could also ensure fine to measure throughout her workers to hold regular sessions because it will encourage the business to always have a daily transcript of the conversation the week before and whether performance might be enhanced within this meeting can already be covered.

what are the three different kinds of ads?​

Answers

Answer:

His three types of ad include Direct Response Ads, Trust Ads and Demand Enhancement Ads.

Explanation:

Go to google

She makes $569.58 a month

Answers

Answer:

Needs - $284.79, Wants - $170.87, Savings - $113.92

Explanation:

Just divide $569.58 in half, so $284.79 for needs.

Then, $569.58 * 0.30 = $170.87 for wants.

Lastly, $569.58 * 0.20 = $113.92 for savings.

To check your answer, add up all the amounts:

$284.79 + $170.87 + $113.92 = $569.58

You are working on finding x in the diagram above. You come up with the equation: 9y + 7 = 2y + 98. Your friend who has just started Algebra is blown away and doesn't understand how you came up with the equation. Explain to your friend how you found the equation and how to solve it.

Answers

Answer:

Vertically Opposite angles

Explanation:

Required

Why is

[tex]9y + 7 = 2y + 98[/tex]

The relationship between 9y + 7 and 2y + 98 is that both angles are vertically opposite

In geometry, vertically opposite angels are equal

In other words, if a and b are vertically opposite angles, then a = b

So, we can say that:

[tex]9y + 7 = 2y + 98[/tex]

because they are vertically opposite

difference between service-orinated and level wise profession? ​

Answers

Here is your genuine answer

Which statement best describes a pure market economy?

Producer intervention in economic choices is strictly forbidden.
The government determines economic choices and makes most decisions.
The decisions made by producers and consumers drive all economic choices.
Producers and consumers make some economic choices while the government makes others.

Answers

C. The decisions made by producers and consumers drive all economic choices.

The best statement is: The decisions made by producers and consumers drive all economic choices.

What is pure market economy?

A pure market system involves the free exchange of goods and services and private ownership of property.

For a pure market economy, one of its distinct characteristic is that there is no government involvement in the market.

The above means that all economic choices and activities in a country are in control of private sectors.

Therefore, the decisions made by producers and consumers drive all economic choices best describes a pure market economy.

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Is it true or false that Entrepreneurs often work long hours, but they enjoy great job satisfaction.

Answers

Answer: True

Explanation:

Entrepreneurs have a personal stake in their business which means they have to try as much as possible to ensure that it does not fail. They have to worry about every aspect of the business and this means that they will have to work long hours.

This personal stake in the business however also comes with job satisfaction. The entrepreneur is doing what they want to do and they are not working for anyone else. This brings job satisfaction independent of monetary gain.

Answer:

The difference between skill-based and health-based.

Explanation:

Complete this analogy: The computer is to hardware as a productivity program is to _____.
A)mindware
B)middleware
C)software retail

Answers

Answer:

3. Software

Explanation:

Connie thinks that her salary and tax rate for next year will be lower than for this year. What step should she take to minimize her taxes in the current year? Select one: a. Accelerate receipt of income. b. Delay deductions. c. Practice tax evasion. d. Accelerate deductions. e. None of these will allow her to minimize her taxes.

Answers

Answer:

d. Accelerate deductions

Explanation:

Tax acceleration is a way that a taxpayer is able to hasten tax deduction.

Taxi is paid in the year that it was incurred instead of in the subsequent year.

This way tax expense that will be paid from the current year is reduced and tax income will increase.

In the given scenario where Connie thinks that her salary and tax rate for next year will be lower than for this year, the best way to minimise her tax expense starting this year is by tax acceleration

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