Suppose that there are two types of firms in a perfectly competitive market for widgets (w). Firms of type A have costs given by CA(w) = 5*w^2 + 2*w + n. Firms of type B have costs given by CB(w) = 3*w^2 + m. There are 100 firms of type A and 180 firms of type B.

a. What are the individual firm supply functions for each type type of firm (SA(p) and SB(p)? Are there any prices at which no firms produce? Are there any prices at which some firms produce but others do not?

b. What is the industry supply function? Graph the industry supply function and be certain to label any kinks and all relevant slopes.

c. Suppose that in the long run, when firms can adjust all inputs, all firms have the following cost function: C(w) = w^3 − 20w^2 + 110*w. The market demand for widgets is still given by D(p) = 1000 − p. What must the price of widgets be in the long run equilibrium? How many firms will there be producing widgets?

Among all the options that can induce a firm to expand into the international arena is D) The firm finds that the domestic market is almost saturated.

A firm may be induced to expand into the international arena due to various reasons such as saturation of the domestic market, the need for economies of scale, or consumer preferences. If a firm finds that the domestic market is almost saturated, it may look for growth opportunities in the international market to increase sales.

Similarly, if the firm is yet to achieve economies of scale, it may consider expanding to international markets to benefit from a larger customer base. Consumer preferences in the domestic market varying widely can also be a reason for firms to look for international opportunities. In contrast, the average income level of domestic consumers being high or operating in an industry that caters to the mass market may not necessarily lead to international expansion.

To know more about expand visit :-

https://brainly.com/question/26337896

#SPJ11

If a manufacturer decides to use a push policy to promote its products, it is most likely to focus its efforts on wholesalers.

A push policy refers to a policy that promotes only to the next marketing institution down the marketing channel.

A push promotional strategy is where a firm attempts to take its products to consumers.

Thus, If a manufacturer decides to use a push policy to promote its products, it is most likely to focus its efforts on the wholesalers.

Learn more about the Push policy here:

https://brainly.com/question/10581026

#SPJ1

The budgeted cost of trophies and plaques for Trundle, using activity-based costing, is calculated based on the budgeted setup rate and the budgeted supervision rate for the forming and assembly departments.

1. For the forming department, the budgeted setup rate is determined by dividing the budgeted setup costs of $22,050 by the budgeted number of batches, which is 150. This results in a budgeted setup rate of $147 per batch.

2. Next, the budgeted supervision rate for the forming department is calculated by dividing the budgeted supervision costs of $22,050 by the budgeted direct labor costs of $49,000. This yields a budgeted supervision rate of $0.45 per direct labor dollar.

3. For the assembly department, the budgeted setup rate is calculated by dividing the budgeted setup costs of $45,675 by the budgeted number of batches, which is 145. This gives a budgeted setup rate of $315 per batch.

4. Similarly, the budgeted supervision rate for the assembly department is determined by dividing the budgeted supervision costs of $21,000 by the budgeted direct labor costs of $35,000. This results in a budgeted supervision rate of $0.6 per direct labor dollar.

5. The budgeted cost of trophies and plaques for Trundle, based on activity-based costing, takes into account the setup rates and supervision rates for the forming and assembly departments. The forming department has a budgeted setup rate of $147 per batch and a budgeted supervision rate of $0.45 per direct labor dollar. The assembly department has a budgeted setup rate of $315 per batch and a budgeted supervision rate of $0.6 per direct labor dollar. These rates will be used to allocate overhead costs and determine the total budgeted cost for trophies and plaques.

6. Activity-based costing is a method that assigns overhead costs to products or services based on the activities required to produce them. In this case, Trundle is using activity-based costing to allocate overhead costs to the trophies and plaques it produces.

7. Similarly, the budgeted supervision rate is calculated by dividing the budgeted supervision costs by the budgeted direct labor costs. The supervision costs include the expenses associated with overseeing and managing the production process. Dividing these costs by the direct labor costs gives us the supervision rate per direct labor dollar.

learn more about budgeted setup rate here: brainly.com/question/17973540

#SPJ11

If the government levies a $0.25 tax per mp 3 music file then the price received by sellers of mp 3 music files would decrease by less than $0.25. Option D is correct.

The term "Government Levies" refers to any and all fees, taxes, or levies levied by the government, as well as the costs or contributions made by the General Partner in response to assessments imposed by governmental authority that are applicable to the salaries or wages of employees or personnel, as the case may be.

A charge, such as a tax, fine, or other fee, that is imposed on something is referred to by the noun levy. The process of imposing or collecting the charge is referred to by the verb "levy."

The government uses taxes to fund a variety of welfare programs, including employment programs, when it needs money. The government must pay for the administrative expenses because there are tens of thousands of employees in various departments.

Learn more about Government levies:

brainly.com/question/30772620

#SPJ4

Incomplete question:

If the government levies a $0.25 tax per MP 3 music file downloaded on buyers of MP 3 music files, then the price received by sellers of MP 3 music files would Select one:

a decrease by more than $0.25.

b. decrease by exactly $0.25.

C. increase by an indeterminate amount.

d. decrease by less than $0.25.

Answer:

An associates degree.

Explanation:

An associates degree is the typical 2 year degree. Bachelors is 4 years, masters is 6-8 years, and technicians is different altogether, with varied times.

A general two-year college-level degree is an associate's degree. Thus the correct option is B.

A college-level degree indicates a degree or a certificate that is given to an individual when he succeeds in a higher level of education. THis degree determines the level of learning and knowledge of an Individual.

When an individual is looking for Job this degree acts as evidence of their education that they have acquired a particular level of knowledge from a particular institution.

A two-year community college program is often required to obtain an associate's degree. It concentrates on general education requirements that, after two more years of study, can be applied toward a bachelor's degree.

Therefore, option B is appropriate.

Learn more about college-level degrees, here:

https://brainly.com/question/16036837

#SPJ1

It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).

The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.

Magnitude of operating leverage= 4.5

Old sales= $100000

New sales= $110000

Percentage increase in sales:

(New-old)/old = (110,000-100,000)/100,000

                       = 10%

Consequently, a percentage rise in profit might be anticipated:

sales percentage growth times the degree of operational leverage

                        = 10% * 4.5

                        = 45%

To know more about Operating Leverage, visit:

https://brainly.com/question/29743788

#SPJ1

Based on the current share price, the expectation that investors seem to have about the success of the trials is that the market share seems to assess a somewhat greater than 50% chance of success.

If the hedge fund manager hires research scientists to examine the public data on the drug, Kilner's fund will likely profit, if they have better information than other investors.

Lastly, the factor that can limit the ability of Kilner's fund to profit on its information will be that the market may be illiquid and thereby no one wants to trade with them.

Read related link on:

https://brainly.com/question/25354942

amount of tax that will be collected is $1,023,000. The correct answer is B. $1,023,000.

To calculate the amount of tax that will be collected, we need to first find the taxable real property value. This is the total real property value minus the value of government-owned property, property owned by churches and nonprofits, and property exemptions:
Taxable Real Property Value = Total Real Property Value - Value of Government-Owned Property - Value of Property Owned by Churches and Nonprofits - Property Exemptions
Taxable Real Property Value = $100,000,000 - $2,000,000 - $1,000,000 - $4,000,000
Taxable Real Property Value = $93,000,000
Now that we have the taxable real property value, we can calculate the amount of tax that will be collected using the tax rate of 11 mills. A mill is equal to one-tenth of one percent (0.1%), so 11 mills is equal to 1.1%:
Amount of Tax to be Collected = Taxable Real Property Value x Tax Rate
Amount of Tax to be Collected = $93,000,000 x 0.011
Amount of Tax to be Collected = $1,023,000
To know more about amount visit:

brainly.com/question/29619794

#SPJ11

The correct option is (c) life annuity.

The payout increases as the predicted annuity term decreases. The life annuity is the shortest predicted term because it only lasts for the duration of that person's life.

A financial instrument known as a life annuity offers a predetermined periodic payout amount until the annuitant's death. Annuitants purchase a life annuity by paying premiums or a lump amount. In order to complement or provide for retirement income, life annuities are frequently employed.

A joint and last survivor annuity pays the surviving spouse when one person dies; a unit refund annuity gives a lump payment if a person dies early. A life annuity with period certain continues to pay for a set time period if the person dies early.

To know more about Life annuity, visit: https://brainly.com/question/15103837

#SPJ4

The total cost that would be recorded on the job cost sheet for job 910 would be $5,980.

The following data have been recorded on its job cost sheet:

Direct materials = $2,412

Direct labor-hours = 74 labor-hours

Direct labor wage rate = $21 per labor-hour

Machine-hours = 137 machine-hours

The corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $22 per machine-hour.

Let's calculate the total manufacturing overhead by multiplying the predetermined overhead rate by the machine-hours.

Manufacturing overhead = Predetermined overhead rate × Machine-hours

Manufacturing overhead = $22 × 137

Manufacturing overhead = $3,014

Then, the total cost for job 910 can be calculated by adding the direct materials cost, direct labor cost, and manufacturing overhead cost.

Total cost = Direct materials cost + Direct labor cost + Manufacturing overhead cost

Total cost = $2,412 + ($21 per labor-hour × 74 labor-hours) + $3,014

Total cost = $2,412 + $1,554 + $3,014

Total cost = $5,980

Therefore, the total cost that would be recorded on the job cost sheet for job 910 would be $5,980.

Learn more about job cost sheet here: https://brainly.com/question/28070295

#SPJ11

Answer: The options are missing from the question,the options are;

A) Profits

B) Their usefulness

C) To create demands

D) To meet all consumer needs.

The correct answer to the question is option D

In a capitalist economy,goods and services are being produced for the sole aim of making profits and to accumulate capital, but when we talk about the SOCIALIST ECONOMY,it differs from the capitalist economy and the sole aim is different.

Socialist economy employs a technique known as usage value in the meeting of the needs and wants of the people, this prevents the over production or under production of goods and services based on their rewards and usage.

In socialist economy,goods are services are produced and those goods and services are made directly accessible to the people that is the masses. A scarce economic resources in a socialist economy are being utilized judiciously inorder to meet the needs of the consumers and make them satisfied in every way possible.

Answer:

C

Explanation:

Governments provide scholarships to students for several reasons, despite education being an investment that benefits students in the long run. Here are a few key reasons:

In summary, governments provide scholarships to students because it promotes equal opportunity, brings social and economic benefits, addresses skills gaps, builds human capital, and reflects their responsibility to invest in the well-being of their citizens. It is a strategic investment in the future of individuals and society as a whole.

To learn more about scholarships visit :

brainly.com/question/9958317

#SPJ11

If the asset's return distribution is known, then its standard deviation is 1.79%

Investors may find volatility to be both a difficulty and an opportunity. It is a challenge since a significant loss in portfolio value could occur quickly. At the same time, volatility gives knowledgeable investors the chance to profit from brief price fluctuations and buy stocks at a discount to their true worth.

Let,

pi = probability of state i

Ri = return in state i

The weighted average of all returns will yield the expected return:

R = ∑ pi * Ri

R = (0.15 * 0.12) + (0.5 * 0.1) + (0.35 * 0.07)

R = 0.018 + 0.05 + 0.0245

R = 9.25%

Computation of Standard Deviation:

SD = √∑pi * (Ri - R)²

SD = √0.15 * (0.12 - 0.0925)² + 0.5 * (0.1 - 0.0925)² + 0.35 * (0.07 - 0.0925)²

SD = 1.79%

Therefore, the Standard Deviation for the asset's returns = 1.79%

To know more about Volatility, refer to this link:

https://brainly.com/question/14057028

#SPJ4

Answer:

Balance sheet is prepared after ascertaining net profit and net loss from profit and loss account. It is the summary of the personal account and real accounts having debit and credit balances.

The following variables play a role in determining how customers behave in each scenario: social influence, individual values, emotional state, individual preferences for fashion, financial restraints, and word of mouth.

Provide specific details. Babies, teens, middle-aged adults, and the elderly are other age-related considerations that should be taken into account because they all have various wants and requirements for cosmetics and beauty products.

Many elements, including circumstance, psychological, environmental, and marketing aspects, as well as individual, familial, and cultural influences, affect consumer behaviour. Companies make an effort to gather data so they may decide how to most effectively contact their target audience.

To know more about customers visit:-

https://brainly.com/question/31192428

#SPJ1

Answer:

advantages: delegations involve the assignment to others authority for specific functions, tasks, and decisions.

disadvantages: delegations reduces management, stress, workload.

The industry's growth potential, the anticipated strength of competitive forces, and whether the industry and the company are being favorably or unfavorably impacted by macro-environmental factors.

A set of businesses that are connected by their main lines of business are referred to as an industry. Numerous industrial classifications exist in contemporary economies. Sectors are generally used to combine together industry classifications into bigger groups.

Generally speaking, an industry describes the kind of business that a person works for. The North American Industry Classification System divides businesses into groups based on the production process rather than final goods or services.

To know more about Industry visit:

https://brainly.com/question/7721379

#SPJ4

Here are five considerations to keep in mind as you compare vehicle loans to find the best deal: Annual Percentage Rate (APR) When searching for a car loan, your annual percentage rate, or APR, is a crucial consideration.

Monthly Payment, Loan Term, Loan Amount, Fees and Penalties, and Final Remarks.

You wish to drive a modern car that you won't be able to pay for without financing in a fair amount of time. The moderate interest rate means that the additional costs won't have a big impact on the overall cost of the vehicle. The periodic payments won't put undue strain on your current or next finances.

This rule states that housing costs should not exceed 28% of one's gross monthly income and total debt service should not exceed 36%. This rule is frequently used by lenders to decide whether or not to offer borrowers credit.

To learn more about auto loans

https://brainly.com/question/6945514

#SPJ9

The role of the Federal Reserve Board of Governors is to enforce monetary policy on Federal Reserve banks. Hence, Option C is correct.

In macroeconomics, there is a policy whose duty is to make sure that policies that are made by the  Board of Governors have been applied to all the central banks. This policy is known as monetary policy, which manages the flow or supply of money to all the banks.

This policy also manages the interest rate. Just like other policies, monetary policy also has some tools, With the help of these tools, it is easy to manage the policy. Tools are named as operations for the open market, requirements of the reserve, and lastly rate of discount.

Therefore, Option C is correct.

Learn more about monetary policy from here:

https://brainly.com/question/28038989

#SPJ5

Answer:

Systems Selling

Explanation:

Answer:

for a persons email to remain private the line you will use is Blind Carbon Copy (BCC)

To answer your question about Darlene running a fruit and vegetable stand with a weekly total revenue of $2,000 and a weekly total cost of $3,500, consisting of $2,500 of total fixed costs and $1,000 of total variable costs, I will provide a step-by-step explanation.

1. First, let's understand the key terms:
  - Total revenue: The total amount of money Darlene earns from her fruit and vegetable stand every week.
  - Total cost: The total amount of money Darlene spends to run her fruit and vegetable stand every week.
  - Fixed costs: The costs that don't change with the level of production, such as rent or insurance.
  - Variable costs: The costs that vary depending on the level of production, such as the cost of fruits and vegetables.

2. Now, let's calculate Darlene's weekly profit or loss:
  Weekly profit/loss = Weekly total revenue - Weekly total cost
  = $2,000 - $3,500
  = -$1,500

3. Analyze the situation: Since Darlene's weekly profit is -$1,500, she is operating at a loss.

4. Consider the advice an economist would give: Since the loss primarily comes from fixed costs, which cannot be reduced in the short run, an economist would likely advise Darlene to continue operating her stand in the short term, provided that her total revenue exceeds her variable costs ($2,000 > $1,000). In the long run, she should analyze the market and determine if her business can become profitable by adjusting prices, lowering costs, or finding ways to increase revenue. If the losses continue, she may need to consider closing her stand or finding alternative ways to utilize the resources.

So, an economist would likely advise Darlene to continue operating in the short term but reassess her business model and profitability in the long run.

To know more about Economists visit:

https://brainly.com/question/13199035

#SPJ11

Industry knowledge is the kind of knowledge are they developing this way. Hence, option D is correct.

When a person talk about industry knowledge, they mean the body of data and comprehension of the nuances of what is happening in particular industries that are of interest.

Instead, a person can demonstrate their subject-matter experience by highlighting the company's most recent achievements or stressing how inventive they are, and then going into greater detail about what you think distinguishes them from the competition. This is a more overt way to show the firm that you are interested in them.

Four different industries exist. These are the primary, secondary, tertiary, and quaternary. The main purpose of the mining, farming, and fishing sectors is to get raw materials. In the secondary industry, manufacturing comprises the production of items like steel and automobiles.

Thus, option D is correct.

For more details about Industry knowledge, click here:

https://brainly.com/question/25454846

#SPJ5

Answer:

industry knowledge

Explanation:

trust i got it right

Answer:

Product Development Stage

Explanation:

Killian's board game is in the Product Development Stage.

This stage is the first part of the Product Life Cycle. In this stage, research on the target market and product positioning are carried out. It is at this stage that market research, distribution channels and competitor analysis are carried out and thoroughly outlined. Also, product validation is carried out. This involves getting feedback from test users concerning the use of the product.

So, this stage is Product Development Stage.

There is one scenario in the given options that would NOT be an appropriate scenario to overcome stare decisis: Justice Williams disagrees with the lower court's decision on healthcare initiatives, even though the lower court's decision followed Medicare law. Justice Williams wishes to not follow precedents due to his own personal beliefs.

In this scenario, Justice Williams wants to ignore precedents and make decisions based on personal beliefs. It is important to note that stare decisis is a fundamental principle of the legal system, and decisions should be based on legal principles and precedents rather than personal beliefs. The appropriate scenario to overcome stare decisis is when there is a need for the court to depart from a previous decision due to various reasons, such as errors in the previous case, conflicting decisions from different courts, changes in legislation, or the evolution of societal norms.

Here are the other scenarios where overcoming stare decisis would be appropriate:
1. The trial court erroneously ruled incorrectly in the consumer fraud case. The appeals court hearing the case did not use this previous decision due to the error in the previous case.
2. The Fourth Circuit has consistently held that all businesses must register with the state to provide professional services, while the Seventh Circuit only requires registration for medical professions. The Supreme Court heard an appeal based on this issue and established its own test for professional service companies, reconciling the difference between the conflicting Circuits.
3. Telemarketing laws in the past allowed marketers to contact consumers without approval. Recent legislative efforts have changed these statutes, and any court hearing a case in this area does not have to follow these outdated statutes.
4. The Supreme Court was presented with a case regarding the "separate but equal" doctrine in the segregation of races in public schools. The Court overruled this doctrine and held that times have changed, overcoming precedents in school segregation.
In these scenarios, there are valid reasons to overcome stare decisis, such as correcting errors, resolving conflicts between different courts, updating outdated laws, and acknowledging societal changes.

to know more about stare decisis, refer to
https://brainly.com/question/371342

#SPJ11

The four factors necessary for marketing to occur are a desire to turn a need into a want, a way for the parties to communicate, two or more parties with unsatisfied needs, and something for the parties to exchange.

It is a document where the marketing objectives that will make a company well positioned in the market are described. It must be aligned with the company's objectives and the needs of the target audience.

Therefore, the marketing objectives correspond primarily to creating value for the consumer, through the satisfaction of their needs and desires and a focused communication that generates engagement and relationship.

The correct answer is:

a. a desire to turn a need into a want

b. a way for the parties to communicate

c. two or more parties with unsatisfied needs

d. something for the parties to exchange

Find out more information about marketing here:

https://brainly.com/question/24947409

Answer:

E,C, and D, and B

Explanation:

The functions of money are- a measure of debt, a storehouse of value, a unit of account, and a medium of exchange. Thus all the options except C are the functions of money.

Money is any item or verifiable record that is widely accepted in a particular country or socio-economic context as payment for goods and services and repayment of debts, such as taxes.

Money serves as a medium of exchange, a unit of account, a store of value, and, in some cases, a standard of deferred payment. Money was historically an emerging market phenomenon with intrinsic commodity value.

Its value is derived as a result of social convention, having been declared legal tender by a government or regulatory entity; that is, it must be accepted as a form of payment within the borders of the country, for "all debts, public and private."

Therefore, options A, B,D, and E are the functions of money.

To learn more about money, click here:

https://brainly.com/question/14253896

#SPJ2

Answer:

A possible main reason for all of these business is to be able to earn profit and increase their market's shares. However, the unlimited liability is more important, the owner's business assets and his or her personal assets will basically be owned by the creditors when the business faces financial losses.