TRUE or FALSE statement "In the short run, a perfectly competitive firm is maximising profit when producing a quantity at which marginal revenue (MR) is higher than marginal cost (MC)"

Generalist eaters faced high rates of extinction during the ice ages.

Someone who has decided to concentrate their time and resources on learning about a broad range of topics is referred to be a generalist. The terms polymath, dabbler, multi-specialist, versatilist, or Renaissance man are also frequently used to describe generalists.

Specialists are frequently viewed in opposition to generalists. A specialist is someone who focuses on a single area of interest as opposed to several. However, I believe that this is a flawed analogy (more on that below).

Therefore, The Turnover Pulse hypothesis states that generalist eaters faced high rates of extinction during the ice ages.

For more information about Generalist, refer to the given link:

https://brainly.com/question/19362386

#SPJ4

a) The entering variable in the given simplex tableau for the linear programming problem (LPP) needs to be identified.

b) The associated leaving variable in the given simplex tableau for the LPP needs to be identified.

In the given simplex tableau for the linear programming problem (LPP), the entering variable is determined by selecting the column with the most negative coefficient in the objective row. This coefficient represents the contribution of each variable to the objective function. The entering variable is chosen to optimize the objective function and improve its value.

To identify the associated leaving variable, we look for the pivot element. The pivot element is determined by selecting the minimum positive ratio from the values obtained by dividing the right-hand side (RHS) of each constraint by the corresponding coefficient of the entering variable in the column.

The ratio indicates how much each constraint can be improved by the entering variable. The associated leaving variable is then determined by the row with the minimum positive ratio.

By performing these steps, we can identify the entering variable and the associated leaving variable in the given simplex tableau, which are crucial for the subsequent iterations in solving the linear programming problem.

Learn more about Tableau

brainly.com/question/7869997

#SPJ11

Answer:

debt

Explanation:

Answer:

Bond 1 : 4.38%

Bond 2 : 5.91%

Bond 3 : 6.07%

Bond 4 : 7.21%

Explanation:

The face value of the bond is assumed to be $1,000

Price of Bond 1 : 943.40 = 1000 / (1 + x1) ^1

x1 = 4.38%

Price of Bond 2 : 898.47 = 1000 / (1 + x1) ^2

x1 = 5.91%

Price of Bond 3 : 847.62 = 1000 / (1 + x1) ^3

x1 = 6.07%

Price of Bond 1 : 792.16 = 1000 / (1 + x1) ^4

x1 = 7.21%

When a firm has money or dollars , it can place more emphasis on other objectives.

What is Firm objectives ?

Profit maximization is a business firm's primary goal, according to the traditional theory of the firm. Price and output of a given product under perfect competition are decided with the only goal of maximizing profits, under the assumptions of given tastes and technology.

What does the company hope to achieve financially?

firm is to maximize the wealth of its owners." that the management's top priority is stockholder wealth maximization, which translates into boosting the price of the common stock. maximize the firm's value. The goal is to increase the stock price in trading and markets that are thought to be efficient.

Learn more about Firm objectives

brainly.com/question/28523896

#SPJ4

One reason that the importance of interpersonal relations in business is increasing is due to the increasing importance of teamwork and collaboration.

The term "interpersonal relationship" refers to a close connection that exists between people who are employed at the same company. It is important for employees who work together to have a special connection in order for them to perform to the best of their abilities. In many modern businesses, success is dependent on the ability of teams to work effectively together. This requires strong interpersonal relations between team members, as it allows for better communication, problem-solving, and decision-making.

Additionally, strong interpersonal relations can also lead to increased job satisfaction and employee retention, which are important for the overall success of a business. Therefore, the ability to build and maintain strong interpersonal relations is becoming increasingly important in the business world.

To learn more about interpersonal relations, click here:

https://brainly.com/question/28268878

#SPJ11

the amount of the capitalization of retained earnings for the stock dividend in Atticus Group's equity section is $115,360.

To calculate the capitalization amount of retained earnings for the stock dividend, we need to multiply the number of shares issued as a stock dividend by the market value per share at the time of the dividend declaration.

In this case, the stock dividend involved 20% of the 41,200 shares issued. So, the number of shares issued as a stock dividend is:

Number of shares issued = 20% of 41,200 shares

= 0.20 * 41,200

= 8,240 shares

The market value per share at the time of the dividend declaration was $14. Therefore, the capitalization of retained earnings for the stock dividend is:

Capitalization amount = Number of shares issued * Market value per share

= 8,240 * $14

= $115,360

Learn more about shares here : brainly.com/question/32395273

#SPJ11

The effect company would have on expense account would be: Expenses increase with a debit to "telephone expense."

A debit is an accounting entry that changes the balance sheet of a business by increasing assets or decreasing liabilities. In fundamental accounting, credits, which work in the exact opposite direction, counterbalance debits.

Depending on the loan's terms, a company might, for instance, simultaneously debit fixed assets and credit a liabilities account if it takes out a loan to buy equipment. All double-entry accounting systems have a feature known as a debit. Credits are the contrary of debits. Money is taken out of an account by making a debit, and money is put in by making a credit.

To learn more about debit click here

brainly.com/question/29830330

#SPJ4

The largest category of assets on the balance sheet of all commercial banks in the U.S. is loans. Option D.

Loans refer to the money that is borrowed by individuals, businesses, and other entities from commercial banks for various purposes such as buying a house, starting a business, or expanding operations. Loans are considered an asset because they generate income for the bank through the interest charged on them.
The amount of loans that a bank can make is limited by the amount of deposits it has, and the reserves it is required to hold by law. Required reserves refer to the minimum amount of money that banks must keep on hand to meet customer withdrawals and other obligations. These reserves are held with the Federal Reserve, and banks are required to keep a certain percentage of their deposits as reserves.
In conclusion, loans are the largest category of assets on the balance sheet of all commercial banks in the U.S. This is because loans generate income for the bank, and are a key part of the banking business model. While cash items and U.S. Government Securities are also important asset categories for banks, loans are the primary source of income for most banks. Option D is correct.

For more such questions on  balance sheet visit:

https://brainly.com/question/1113933

#SPJ11

It is true that two countries can benefit from trade even if one of them has a clear advantage in producing all goods. Each nation only needs to have a comparative advantage in one particular good.

When producing a specific good, agents in an economic model have a comparative advantage over rivals if they can do so at a lower relative opportunity cost or autarky price, that is, at a lower relative marginal cost before trade.

Your greatest skill and least amount of sacrifice are your comparative advantages. If you are a great babysitter and a great plumber, for instance, your comparative advantage is plumbing.

Developed by British economist David Ricardo in the 19th century, comparative advantage is an economic theory that links differences in relative opportunity costs, or the price paid for producing a given good, across nations, to the causes and benefits of international trade.

Learn more about comparative advantage here

https://brainly.com/question/14846093

#SPJ4

Answer:

often left unrecognised

Answer:

Spotted quickly

Explanation:

Answer:

hangry is when you feel hungry and angry at the same time

Explanation:

basically, your angry because of the fact that your hungry

Answer:If you want to make sure your money is available at any given time, a bank savings account would be the best option for you.

Explanation:

The given statement is false. With fixed exchange rates, the domestic central bank is not free to direct monetary policy autonomously from the remainder of the world.

In fixed exchange rate or money board systems, the exchange rate ceases to vary in relation to the reference cash. In a dollarization system, there is not really an exchange rate, considering that the domestic money ceases to exist. A country that adopts one of these systems ceases to have monetary policy autonomy. The country to which the domestic cash is tied, on account of fixed exchange rate or money board, or the country that issues the money utilized on account of dollarization, sovereignly chooses its monetary policy, with the domestic nation being at its kindness. In a monetary association, this doesn't happen. At the point when a gathering of nations adopts a typical money, a typical central bank is created and decision-making rules are established so as to attend to the requirements of each individual from the association. This is a fundamental distinction of the monetary association that merits separate analysis.

to know more about the central bank click here:

https://brainly.com/question/29547955

#SPJ4

A sunk cost is money that has already been spent and cannot be recovered. In business, the axiom that one has to "spend money to make money" is reflected in the phenomenon of the sunk cost.

Sunk Costs are those costs that cannot be recovered by any means, i.e., money, once invested, is gone forever.

They should not be considered for making any future decisions like whether to continue the investment or not, as these costs cannot be recovered, and decisions should only be made based on relevant costs.

Sunk costs are considered fixed costs, but remember that all fixed costs are not considered sunk costs.

One simplest example of sunk cost is employees working on a probation period. You have paid a joining bonus to the probationer, but the results aren’t satisfactory, so you terminate the probation contract and fire the probationer from their job. The joining bonus is considered a sunk cost, as you won’t be seeing it again.

Learn more about Sunk cost here:

https://brainly.com/question/29488541

#SPJ5

Money that has been spent and cannot be recovered is known as sunk costs.

Sunk costs are sometimes called a retrospective cost, referring to an investment already incurred that can’t be recovered. Examples of sunk costs in business include marketing, research, new software installation or equipment, salaries and benefits, or facilities expenses. By comparison, opportunity costs are lost returns from resources that were invested elsewhere.

Economists suggest that, in theory, sunk costs are not relevant to future decision-making. In practice, however, sunk costs can and do significantly influence decisions about the future. This is largely because it’s psychologically challenging to let go of previously invested time, effort, or financial resources even if the outcome of those investments fails to meet expectations. A sunk cost refers to money that has already been spent and cannot be recovered.

A manufacturing firm, for example, may have a number of sunk costs, such as the cost of machinery, equipment, and the lease expense on the factory.

Learn more about sunk costs, here:

https://brainly.com/question/29488541

#SPJ5

Alice's Marginal Rate of Substitution for X with Y is 2.5. This means that she is willing to trade 2.5 units of Y for one unit of X. Here option A is the correct answer.

Alice's perfect substitute preferences mean that she is willing to substitute X for Y at a fixed rate, regardless of the relative prices of the two goods. This means that her Marginal Rate of Substitution (MRS) for X with Y is constant and equal to the rate at which she is willing to trade one unit of X for one unit of Y.

To calculate Alice's MRS, we can use the formula:

MRS = change in Y / change in X

Since Alice is indifferent between bundle (X = 20, Y = 5) and bundle (X = 10, Y = 30), we can calculate the change in Y and the change in X as follows:

change in Y = 30 - 5 = 25

change in X = 20 - 10 = 10

Plugging these values into the MRS formula, we get:

MRS = 25 / 10

MRS = 2.5

Complete question:

Alice has Perfect Substitutes preferences. She is indifferent between bundle (X = 20, Y = 5) and bundle (X= 10, Y = 30). What is her Marginal Rate of Substitution for X with Y?

A - 2.5

B - 0.4

C - -0.4

D - -2.5

To learn more about marginal rate

https://brainly.com/question/30763866

#SPJ4

I use to take music class

Answer:

I do

Explanation:

Answer:

if supply is low but demand is high the price will go up due to limited supply however if demand is low and supply is high the price will be lower because there is a surplus of supplies and not very many people buying it  

Explanation:

Answer:

By creating a balance between buyers who want low prices and sellers who want high prices

Explanation:

Since service industries do not produce a tangible product, often customer satisfaction may be a matter of perception or subjective experience.

In service industries, the main offering is intangible and involves the provision of a service or an experience rather than a physical product. As a result, customer satisfaction in these industries may rely heavily on the perception and subjective experience of the customer.

Unlike tangible products that can be evaluated based on their physical attributes or features, service quality is often evaluated based on factors such as responsiveness, reliability, empathy, and assurance. These subjective factors can greatly influence how customers perceive and evaluate the service they receive.

Therefore, customer satisfaction in service industries is often a matter of individual perception, personal expectations, and the overall experience provided by the service provider.

Learn more about service industry here:brainly.com/question/18310687

#SPJ11

Explanation:

think the answer is E all of the Above

The way we work is changing as a result of technological advancements, which are creating more demand for some jobs while simultaneously displacing others.

Making sure that technology's impact on the workplace benefits everyone.

Jobs that aren't growing quickly are still seeing rapid technological adoption, which necessitates the acquisition of new skills by those who work in those fields.

Productivity improvements could also accompany these changes, producing high-paying, high-quality employment for those in a position to benefit from the expansion of these good jobs. However, there is also a chance that individuals, particularly those without advanced degrees, will lose jobs paying middle-class wages and be prevented from obtaining better jobs.

Know more about demand visit:

https://brainly.com/question/14456267

#SPJ4

Answer:Even though preparing a financial statement is an important part of a business plan, you shouldn't do it first and think of it as "getting that job done." Several reasons for this include:

The business plan's other components are interconnected with financial statements: The executive summary, company description, marketing plan, operations plan, and management plan are all interconnected with the financial statement, which is not a stand-alone section of the business plan. The financial statement is influenced by each of these elements. Sales projections, for instance, will be influenced by the marketing plan, which in turn will have an effect on revenue and other financial projections.

Without a comprehensive business plan, it is challenging to produce accurate financial statements: Information about the business's costs, expenses, and revenue sources is necessary for financial statements to be accurate and complete. Financial statements can be made more accurately with the assistance of a comprehensive business plan, which provides a deeper comprehension of the company's operations, target customers, and competition.

The overall business strategy should be reflected in the financial statement: The overall business strategy and objectives ought to be reflected in the financial statement. There is a risk of producing a financial statement that does not align with the business's overall objectives if the financial statement is prepared before the business strategy and goals are identified.

As a result, it is absolutely necessary to approach the creation of a business plan from a holistic perspective and to not place any aspect above others. To ensure a cohesive and efficient plan, each component should be developed with the other components in mind.

Explanation:

The contractor's minimum attractive rate of return (MARR) is 8% per year. The contractor is seeking to increase his construction fleet through the acquisition of additional pick-up trucks or an additional backhoe. The two mutually exclusive options are as follows: a) The purchase of additional pick-up trucks. b) The purchase of an additional backhoe.

The contractor should choose the alternative that has the higher present value. The acquisition of additional pick-up trucks has an initial outlay of $60,000, an annual revenue of $20,000, and an annual maintenance cost of $10,000. Its estimated useful life is five years, after which it can be sold for $10,000. The net present value (NPV) of the project can be calculated using the following formula: Net Present Value (NPV) = Σ [Rt / (1 + r)t] - C where Rt is the net cash flow in year t, r is the discount rate, and C is the initial investment.

The net cash flow for each year is as follows: Year 1: $20,000 - $10,000 = $10,000Year 2: $20,000 - $10,000 = $10,000Year 3: $20,000 - $10,000 = $10,000Year 4: $20,000 - $10,000 = $10,000Year 5: $20,000 - $10,000 + $10,000 = $20,000The present value of each cash flow is as follows: Year 1: $9,259Year 2: $8,566Year 3: $7,918Year 4: $7,312Year 5: $12,991The NPV of the acquisition of additional pick-up trucks is as follows: NPV = ($9,259 + $8,566 + $7,918 + $7,312 + $12,991) - $60,000NPV = $46,046The acquisition of an additional backhoe has an initial outlay of $200,000, an annual revenue of $100,000, and an annual maintenance cost of $40,000. Its estimated useful life is also five years, after which it can be sold for $60,000.The net cash flow for each year is as follows: Year 1: $100,000 - $40,000 = $60,000Year 2: $100,000 - $40,000 = $60,000Year 3: $100,000 - $40,000 = $60,000Year 4: $100,000 - $40,000 = $60,000Year 5: $100,000 - $40,000 + $60,000 = $120,000The present value of each cash flow is as follows: Year 1: $55,556Year 2: $51,282Year 3: $47,337Year 4: $43,695Year 5: $77,917The NPV of the acquisition of an additional backhoe is as follows: NPV = ($55,556 + $51,282 + $47,337 + $43,695 + $77,917) - $200,000NPV = $76,787Therefore, the contractor should acquire an additional backhoe as it has a higher NPV than the acquisition of additional pick-up trucks.

To know more about attractive visit:

https://brainly.com/question/32303688

#SPJ11

It should be noted that a cash discount representing a reduction in the amount to be paid by a credit customer can also be called Cash discount.

Discount can be regarded as a reduction in price of a good or service.

As a customer, one can ask manager for a discount in case of damaged item and other cases.

Learn more about discount at;

https://brainly.com/question/7459025

The number of years in which investment grow from $7,000 to $11,500 at an interest rate of 5.75% compounded continuously can be calculated by using continuous compound interest formula, A = P * e^(rt). It is calculated that it will take approximately 7.37 years for investment  to grow upto $11,500.

A = $11,500.

P = $7,000.

r = 0.0575 (5.75% expressed as a decimal).

Substituting these values into the formula.

$11,500 = $7,000 * e^(0.0575t).

Dividing both sides by $7,000.

e^(0.0575t) = 11,500 / 7,000.

0.0575t = ln(11,500 / 7,000).

t = ln(11,500 / 7,000) / 0.0575.

t ≈ 7.37 years.

Therefore, it will take approximately 7.37 years for the initial investment of $7,000 to grow to $11,500 at a continuous compounding interest rate of 5.75%.

Read more about Initial investment.

https://brainly.com/question/31635721

#SPJ11

Long-term disability insurance costs about 60% of income which is helpful as long-term disabilities last on average about 65 years.

Insurance is referred to as a contract where an individual receives financial protection against the losses of an insurance company.

Long-term disability insurance costs approximately 60% of the income and premiums are not guaranteed and can be canceled by the employer.

Therefore, long-term disability insurance costs about 60% of income which is helpful as long-term disabilities last on average about 65 years.

Learn more about Insurance here:

https://brainly.com/question/989103

#SPJ1

Answer:

Okay, but where is the question or it's free points?