A cost function can be described as the mathematical function which is utilized by a company or firm for finding out the lowest cost of production for a particular level of output. A cost function is a mathematical function that is used to find the lowest cost of production for a specific output level. The main difference between cost function and factor demand function is that cost function indicates the relationship between cost and output while the factor demand function illustrates the relationship between the price of a factor of production and the demand for it by the firm.
However, both functions have a direct connection and depend on each other. Cost functions are used by companies to determine the least expensive way to manufacture goods or services at various output levels. A factor demand function, on the other hand, is used to determine the demand for each factor of production (such as capital and labor) based on the firm's production objectives and the price of each factor.
In other words, the cost function is determined by the factor demand function, which specifies how much of each input the firm needs to use at each level of output to minimize cost. Aids businesses in determining the least expensive way to manufacture a particular amount of goods or services. It allows businesses to evaluate the costs of different levels of output and make informed decisions about how to allocate resources. It is the total cost divided by output that is generally represented by this function.
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Prove you know what diminishing marginal utility is by creating an example of your own. Your example
cannot be food related.
Hi there, I'm not answering this question, sorry.
Your task clearly states you must think of your own example and prove what you know. That's why.
Please, if you're coming onto the Brainly website, at least improve your questions.
Bonds issued by raxin accounting have a total yield of 11.4% annually, while raxin accounting stocks have a total yield of 14.4% annually. if you invest $2,600 in raxin accounting bonds and $2,000 in raxin accounting stocks, which investment will have a greater return after nine years, and how much greater will it be? a. the bonds will show a profit that is $75.60 greater than that of the stocks. b. the bonds will show a profit that is $67.60 greater than that of the stocks. c. the stocks will show a profit that is $8.00 greater than that of the bonds. d. the stocks will show a profit that is $524.40 greater than that of the bonds.
If amounts of $2600 and $2000 are invested in raxin accounting bonds and stocks respectively, bonds will give a return over such investment that is more than $158 compared to that of stocks.
What is return on investment?Using the given information, it can be calculated that the returns generated by bonds over an investment of $2600 for nine years will be $6870; whereas that for stocks will be $6712 for an investment of $2000.
\(\rm Better\ Return\ on\ Investment= Returns\ over\ Bonds – Returns\ over\ Stocks\\\\\rm Better\ Return\ on\ Investment= 6870-6712\\\\\rm Better\ Return\ on\ Investment= \$158\)
Hence, it has been computed that bonds have a generated a better return on investment at the rate of 11.4 percent for a period of nine years that is more by $158 than that of returns by stock investments.
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Answer:
Its A) 75.60 greater than that of stocks
Explanation:
ON EDGE
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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programs that provide goods or services, rather than cash, directly to needy individuals or households are called:
Answer: In-kind transfers
Explanation:
thats what it is
When making a volume trade-off decision, managers should ignore ______. Multiple choice question. fixed costs contribution margin variable costs
When making a volume trade-off decision, managers should ignore fixed costs.
The term fixed costs refers to a cost that does not exchange with growth or lower within the variety of goods or offerings produced or offered. fixed fees are charges that ought to be paid via an agency, impartial of any particular commercial enterprise activities.
In accounting and economics, fixed costs additionally called indirect prices or overhead charges, are business fees that aren't dependent on the level of products or services produced by way of the commercial enterprise. They have a tendency to be habitual, such as interest or rents being paid per month. those charges also have a tendency to be capital costs.
Fixed fees have a tendency to be fees that are based on time instead of the amount produced or sold by means of your business. Examples of constant costs are rent and rent charges, salaries, utility payments, insurance, and mortgage repayments. some varieties of taxes, like business licenses, are also fixed expenses.
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Select the correct answer from the drop-down menu. Which type of college credit program does the statement describe? The program is one of the more common ways to get college credi you must take at the end of the course. Reset
Answer:
scholarship
i wanna say its that but
can we see the drop down menu?
Explanation:
Answer:
can we see what's in the drop down menu
But I'm pretty sure its a scholarship
Explanation:
when using a credit card, a good fact to remember is that you are not paying on credit, you are actually paying on a choose... .
When using a credit card, a good fact to remember is that you are not paying on credit; you are actually paying on a choice.
To understand this concept, let's break down the steps involved when using a credit card:
1. Make a purchase: When you use a credit card to buy goods or services, you are essentially borrowing money from the credit card issuer to make that purchase.
2. Billing cycle: Credit cards have billing cycles, usually about 30 days, during which all transactions are recorded. At the end of the billing cycle, the credit card issuer will send you a statement with the total amount owed for that period.
3. Payment due date: The statement will include a payment due date, by which you are expected to pay at least the minimum payment required. If you pay the full balance by the due date, you will not be charged any interest.
4. Interest charges: If you choose to pay only the minimum payment or any amount less than the full balance, interest charges will be applied to the remaining balance. This is where the "choice" aspect comes in. By choosing not to pay the full balance, you are accepting the interest charges and essentially paying more for your purchases.
5. Credit utilization: Your credit utilization ratio, which is the percentage of your available credit that you are using, also impacts your credit score. Keeping this ratio low by paying off your balance in full each month can help maintain or improve your credit score.
In summary, when using a credit card, remember that you are not simply paying on credit; you are making a choice about how you want to manage your finances. By choosing to pay your balance in full each month, you can avoid interest charges and maintain a healthy credit score.
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Select all that apply.
Select the items that describe a free market economy.
efficient market system
distribution of goods through price
competition among businesses
small selection of goods and services
little freedom for producers
Explanation:
Free market system is efficient and had wide array of sphere. In a free market system goods are distributed through price . As it include both consumers and producers which only deals on price.As in free market system there is no role of government, so there is a competition between businesses and business man to achieve greatest profit .Imagine you are an entrepreneur looking to hire additional employees to join your existing team of five accountants. You are exploring the options available for screening your applicants. Because you own an accounting business, you believe you will also need additional employee screening for the potential employees beyond typical new hire documentation. Name at least two forms of documentation that are typically required for the hiring process. Name the additional screening measures you will want to include and explain why additional screening may be necessary for your business.
The two forms of documentation required for the process of hiring accountants are:
Certified Public Accountant (CPA)Certified Fraud Examiner (CFE)What are the screening measures for a recruitment process?There needs to be a process of recruiting and selecting new potential candidates for a company in line with organizational needs. As candidate screening measures for an accounting firm the firm may require:
Bachelor's and Master's Degree in AccountingSpecific extracurricular coursesAccountant licensesThe company can also develop a series of steps in the selection process with the application of interviews, group dynamics, resolution of objective tests, etc.
Therefore, additional screening of candidates will assist in hiring an employee who meets the company's needs, with the necessary experiences and certifications to perform accounting positions, which require high responsibility and reliability.
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An economic result of the decrease in population as a result of the black death was.
This terrible disaster was the Black Death. Peasants' salaries did rise as a result of the plague's population decline, though. Peasants started to experience a higher standard of living and more freedom as a result.
What impact did the Black Death have on the economy?
The estimated per capita GDP dropped by 6%, from 1348 to 1349. Similarly, real wages were 9% lower and the estimated per capita GDP fell by 3.3% in 1350 in Spain, where the Black Death also made its appearance there in 1348.
What impact did the Black Death have on the populace?
Even experts who are familiar with the broad strokes find the Black Death to be a surprise. Between 30 and 50 percent of Europe's population perished in the plague. Beginning in 1348 when the plague entered London, between 75 and 200 million individuals perished over the course of a few years.
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Why does an enterprise need to listen to its customers
Which learned skill will help jude develop a solid career in the accounting field? a. being detail-oriented b. being productive while working in isolation c. effective communication skills d. working with laws, rules, and regulations e. communication and presentation skills
Option D is the correct choice.
Working with laws, rules, and regulations is a talent Jude will use to build a strong career in accounting.
What do you mean when you say the accounting industry?
The practise of recording a business's financial transactions is known as accounting. As part of the accounting process, these transactions are collated, reviewed, and reported to oversight organizations, regulatory agencies, and tax collecting organisations.
Despite the fact that there are 12 separate disciplines of accounting, there are only three main types. These take the shape of tax accounting, management accounting, and financial accounting.
The terms "the concepts and practises of accounting," "keeping or preparing the financial records of transactions of the company," and "analysis, verification, and reporting of such data" are only a few of the definitions for accounting. Additionally, it alludes to the occupation of an accountant.
Working with laws, rules, and regulations is therefore a talent Jude will use to build a strong career in accounting.
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On August 1, 2018, Kira purchased 100 shares of ITC stock for $5,000. There were no subsequent adjustments to her basis. On August 1, 2019, she sold 50 shares for $1,800. On August 31, 2019, she sold the other 50 shares for $3,400. Kira has a: ___________
a. Short-term loss of $200.
b. Short-term loss of $700 and a long-term gain of $900.
c. Long-term gain of $200.
d. Long-term loss of $700 and a short-term gain of $200.
Answer:
b. Short-term loss of $700 and a long-term gain of $900.
Explanation:
August 1, 2018, price per share $50
August 1, 2019, sold 50 shares at $36, resulting in a short term capital loss of ($700)
August 31, 2019, sold 50 shares at $68, resulting in a long term capital gain of $900
If you own a stock for 1 year or less, any gain/loss will be considered short term. If you own a stock for more than 1 year, any gain/loss will be considered long term.
Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
Tell me 3 characteristics of money?
1.) durability
2.) acceptability
3.) scarcity
4.) portability
5.)divisibility
6.)uniformity
choose any three u want! :)
Characteristics of Money.
Answer:
(a) Divisibility
(b) Limited supply
(c) Durability
More:
(d) Portability
(e) Acceptability
(f) Uniformity
These are the characteristics of money.
Hope it helps!!Please mark me as the brainliest!!!Thanks!!!!❤❤
What is one 1 negative of living in a command economy?
In a command economy, costs are not entirely settled by the organic market. All things considered, they are set by the public authority. This can make it challenging for organizations to come to informed conclusions about what to create and the amount to deliver.
Command economies incorporate the absence of rivalry, which can prompt the absence of development, and absence of effectiveness. It doesn't fulfill the needs of shoppers, it doesn't convince individuals to buckle down, and it requires a huge dynamic government organization.
It limits opportunities for individuals who can't pick their vocations in light of their abilities and interests; rather, it depends on what the public authority drives them to do.
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the rise of the industrial factory system deeply affected the lives and status of workers who now
The rise of the industrial factory system deeply affected the lives and status of workers who now faced long hours, dangerous working conditions, and low wages. The factory system also brought about a new form of work organization, with a strict division of labor and the use of machinery to replace skilled workers.
These changes resulted in a loss of control over the work process and a decrease in job security for workers. The industrial factory system had a significant impact on the lives and status of workers. The system relied on a large and cheap labor force to operate machinery and produce goods quickly and efficiently. This led to the creation of jobs that required little skill or education, and workers were expected to work long hours at low wages. Additionally, the factory system brought about dangerous working conditions, as workers were exposed to hazardous materials, machinery, and chemicals.
The strict division of labor in the factory system also led to a loss of control over the work process for workers. Skilled craftsmen were replaced by machines, and workers were trained to perform repetitive tasks. This resulted in a decrease in job security, as workers were easily replaceable and could be fired for not meeting production quotas.
Overall, the rise of the industrial factory system deeply affected the lives and status of workers. It brought about significant changes in the organization of work, working conditions, and job security, and had a lasting impact on the development of modern capitalism.
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air transport is not dense in
Answer:
La niebla
Explanation
Answer:
Stratosphere
Explanation:
Marla is a buyer at a major corporation. Although she is authorized to make purchasing decisions on her own, she often seeks the input of trusted colleagues before settling on a decision. What type of buying center does Marla participate in
Answer:
Consultative
Explanation:
I did this question
Which aspect of Darron's career matches his lifestyle but is also in conflict with some of his desires? busyness while at work earning money frequent travel strong competition
Answer:
frequent travel
Explanation:
Since in the question it is mentioned that Darron loves his carrier as it fits with his lifestyle. He knows how to make a money and how to keep busy also he loves travelling plus he wish that he could spend more time with his family members
So here the frequent travel fits in the given situation as he loves travelling so he travel frequently
Therefore the same is considered
Answer:
its travel
Explanation:
The occupants of a vehicle not wearing a seat belt, traveling at a speed of 60 m. P. H. And striking a fixed object will:
Occupants of a vehicle not wearing seat belts, traveling at a speed of 60 mph and striking a fixed object will face a high risk of severe injuries or even fatalities.
The failure to wear seat belts significantly increases the risk of injury or death in a collision. At a speed of 60 mph, the impact force is substantial, and occupants without seat belts will likely be thrown forward, hitting the interior of the vehicle or even being ejected. Without the restraint provided by seat belts, occupants may suffer severe head, chest, and abdominal injuries.
In the event of a collision with a fixed object, such as a wall or tree, the abrupt deceleration can cause occupants to experience extreme forces, leading to injuries like broken bones, spinal cord damage, or traumatic brain injuries. The combination of high speed, lack of seat belt usage, and collision with a fixed object creates a potentially life-threatening situation for the vehicle occupants. It is crucial for everyone to wear seat belts at all times to reduce the risk of serious injuries in such scenarios.
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Alex has accepted an IT position at a new company, and will be leaving her current job in the IT department of a large company.
Which is the best example of ethical behavior for leaving her current job?
Answer:
notify her current job of the accounts she no longer needs access to
Explanation:
As she is about to leave the position, in account of professionalism, she should not do any unnecessary harm to the current company, and she should notify the company for necessary description before leaving.
Marketing is the process of getting people interested in your company's product or service. This happens through market research, analysis, and understanding your ideal customer's interests. Marketing pertains to all aspects of a business, including product development, distribution methods, sales, and advertising. What is marketing in your own words? Write a short reflection, answering the question. Reflective Writing Guidelines Make sure the reflective entry addresses all four questions of the focused conversation model: 1. OBJECTIVE: Begin with data, facts, external reality. 2. REFLECTIVE: Evoke immediate personal reactions, internal responses, sometimes emotions or feelings, hidden images, and associations with the facts. 3. INTERPRETIVE: Draw out the meaning, values, significance, implications. 4. DECISIONAL: Bring the conversation to a close, eliciting resolution to make a decision about the future. Make sure you include the cover page, running header, table of contents, and references. The minimum word requirement for the entry is 500 words.
Market research, analysis, and comprehension of the interests of the target audience are all part of the complex process of marketing.
The goal of marketing, a dynamic and all-encompassing activity, is to draw customers' attention to and interest in a company's goods or services. It starts with a thorough understanding of the market obtained by in-depth investigation and evaluation. Effective marketing tactics are built on this data-driven, objective approach.
Reflectively, marketing entails appealing to people's emotions and psychology in order to elicit quick responses from them on a personal level. A keen understanding of consumer behaviour, tastes, and aspirations is necessary. Marketers may develop compelling messages and experiences that connect with people on a personal level by knowing the needs and aspirations of the target audience.
Interpretation: Marketing entails more than just advertising and promotion. All facets of a business, beginning with product development, are included.
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What term is commonly used to describe how a company builds and maintaining strong barriers to withstand competitive attacks?.
Term is commonly used to describe how a company builds and maintaining strong barriers to withstand competitive attacks Michael Porter, the well-known Harvard Business School professor, diagnosed 3 techniques for setting up an aggressive benefit: Cost Leadership, Differentiation, and Focus.
An aggressive approach is a fixed of rules and processes that a commercial enterprise makes use of to benefit a aggressive benefit withinside the market. It's the manner for figuring out and executing movements that permit a commercial enterprise to enhance its aggressive position. Strategic barriers control manner is a non-stop subculture of appraisal that a commercial enterprise adopts to outdo the competitors. Simple as it can sound, that is a complicated manner that still covers formulating the organization's ordinary imaginative and prescient for gift and destiny objectives.
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Money management
activities necessary to manage current ___?____
economic resources while working toward long-term
financial security.
refers to the daily financial
Money management activities necessary to manage current personal economic resources while working toward long-term financial security.
option c is the correct answer
What is money management?The term Money management refers to the methods of saving, planning spending, investing, and all other activities that deals with the use of money for personal use or organizational use.
Money management helps in growing wealth and regulating the use of money. This is an important scheme in business and should be done with care. Money management helps to make a clear goal of the intended use of money and clears certain areas that is not worth spending on.
The information gathered so far has helped us see that money management is necessary to manage current personal economic resources while working toward long-term financial security. Hence the other options which are required and inflated are not relevant to the topic being discussed.
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Which statement is not true about the self-managed team approach?
1.These are work groups that supervise themselves
2.Some people do not have the skills to work in a self-managed team.
3.The team leader is not a team member.
4.Every team member learns from the other's job.
Answer:
3.The team leader is not a team member.
Explanation:
Given that a self-managed team is a type of team that has several employees whose roles are not limited to some specific responsibilities but also spread to other roles including the production of goods and services delivery.
Usually, the group plans and implement the plan themselves. Also, the team members work in synergy which makes them learn from one another including the team leader who is also part of the team.
Hence, in this case, the correct answer is "The team leader is not a team member."
Question Content Area To determine cash paid for income taxes for the statement of cash flows using the direct method, an increase in income taxes payable is added to the income tax expense. True False
The statement in the question is false.
When using the direct method to determine the cash paid for income taxes for the statement of cash flows, an increase in income taxes payable is subtracted from the income tax expense, not added.
If income taxes payable increase from the beginning to the end of the period, it means that the company has paid less in cash for income taxes than the income tax expense recorded on the income statement. In this case, you would subtract the increase in income taxes payable from the income tax expense to calculate the cash paid for income taxes.
On the other hand, if income taxes payable decrease from the beginning to the end of the period, it means that the company has paid more in cash for income taxes than the income tax expense recorded on the income statement. In this case, you would add the decrease in income taxes payable to the income tax expense to calculate the cash paid for income taxes.
In summary, an increase in income taxes payable is subtracted from the income tax expense when using the direct method to determine cash paid for income taxes for the statement of cash flows.
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When using the direct method to determine the cash paid for income taxes in the statement of cash flows, an increase in income taxes payable is subtracted from the income tax expense, not added. Therefore the statement provided is false.
The income tax expense represents the amount of taxes owed during a specific period.
However, not all of this expense is paid in cash during that period. Some of it may be paid in a later period, resulting in an increase in income taxes payable.
To determine the cash paid for income taxes, we need to account for changes in income taxes payable.
An increase in income taxes payable means that cash has been deferred and not yet paid.
Therefore, we subtract the increase in income taxes payable from the income tax expense to find the actual cash paid for income taxes during the period.
In summary, when using the direct method, an increase in income taxes payable is subtracted from the income tax expense to determine the cash paid for income taxes in the statement of cash flows.
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Store supplies of $160 are on hand. The supplies account shows a $1,900 balance. Entry field with correct answer.
Assuming that the store uses the periodic inventory system, the supplies expense account needs to be adjusted to reflect the actual cost of supplies used during the period.
To calculate the cost of supplies used, we need to subtract the supplies on hand at the end of the period from the beginning balance of the supplies account. periodic inventory system
Beginning balance of supplies account: $1,900
Supplies on hand: $160
Supplies used: $1,900 - $160 = $1,740
Therefore, the entry to adjust the supplies expense account would be a debit of $1,740 and a credit to the supplies account of $1,740. This adjustment ensures that the supplies expense on the income statement reflects the actual cost of supplies used during the period.
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Question 3 of 10
Which of the following is a career you would find in the Finance Career
Cluster?
A. Equine manager
B. Geologist
C. Tax examiner
D. Ecologist
SUBMIT
Answer:
C. Tax examiner
Bank's Balance Sheet
Assets Liabilities and Owners' Equity
Reserves $200 Deposits $1,600
Loans $800 Debt $250
Securities $1,000 Capital (owners' equity) $150
Suppose a new customer adds $100 to his account at Northeastern Mutual Bank, which the owners of the bank then use to make $100 worth of new loans. This would increase the loans account anddecrease the account.
This would also bring the leverage ratio from its initial value of to a new value of .
Which of the following is true of the capital requirement? Check all that apply.
Its intended goal is to protect the interests of those who hold equity in the bank.
It specifies a minimum leverage ratio for all banks.
The higher the percentage of assets a bank holds as loans, the higher the capital requiremen
This would increase the loans account and increase the deposits account. The initial value of 13.33 to a new value of 14. The higher the percentage of assets a bank holds as loans, the higher the capital requirement. Thus, option (c) is correct.
What is a Balance Sheet?
The balance sheet and details of reconciled transactions for each account are the two most important reports that the accountant will want.
(a) This would increase the reserves account and increase the deposits account.
(b) The bank leverage ratio refers to its Assets divided by Capital (Owner's equity).
Liabilities should match assets. Therefore, keeping both sides equal by adding $100.
= (Reserves + loans + securities)/Capital
= (200 + 800 + 1,000) / 150
initial value of 13.33
After the $100 was borrowed
= (200 + 800 + 1,000 + 100) /150
new value of 14
(c) The capital requirement increases as the proportion of an institution's assets held as loans rises. Given that loans are made from deposits, the capital requirement is intended to safeguard depositors in the event that loans are defaulted upon.
Hence, the significance of the Balance Sheet is aforementioned.
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