Where C(Q) = 100 + 20Q + 15Q² + 10Q³ is the cost function,
(a) Fixed cost (FC) = $100 (which is fixed irrespective of output level)
(b) Variable cost (VC) = 20Q + 15Q² + 10Q³
When Q = 10, VC = (20 x 10) + (15 x 10 x 10) + (10 x 10³) = 200 + 1,500 + 10,000 = $11,700
(c) Total cost (TC) = FC + VC = $(100 + 11,700) = $11,800
(d) Average fixed cost (AFC) = FC/Q = $100 / 10 = $10
(e) Average variable cost (AVC) = VC/Q = $11,700 / 10 = $1,170
(f) Average total cost (ATC) = TC/Q = $11,800 / 10 = $1,180
(g) Marginal cost (MC) = dC(Q)/dQ = 20 + 30Q + 30Q²
When Q = 10, MC = 20 + (30 x 10) + (30 x 10 x 10) = 20 + 300 + 3,000 = $3,320
What is a cost Function?The cost function calculates the cheapest way to produce a particular amount of output for some set factor costs. The cost function describes a firm's economic options.
The functional connection between cost and output is referred to as the cost function. It investigates the cost behavior at various levels of production when technology is considered to be constant. It may be stated as follows: C= f(Q) (where C is the cost of production and Q is the quantity of output).
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Full Question:
An economist estimated that the cost function of a single-product firm is:
C(Q) = 100 + 20Q + 15Q² + 10Q³.
Based on this information, determine the following:
a. The fixed cost of producing 10 units of output.
b. The variable cost of producing 10 units of output.
c. The total cost of producing 10 units of output.
d. The average fixed cost of producing 10 units of output.
e. The average variable cost of producing 10 units of output.
f. The average total cost of producing 10 units of output.
g. The marginal cost when Q = 10.
Uber’s lack of knowledge of the local business environment has caused it to suspend service in several important cities. To avoid the challenges related to a lack of knowledge of the local market and local regulations, uber should have.
Uber's international expansion becomes based in a locale-by-way-of-locale method, which clearly is the simplest approach viable. One cannot get anywhere on an identical time, regardless of one's price range.
Each locale needs specific studies and a rethinking of the emblem and of the product.
Uber launches in greater than 40 new places international. New countries include Italy, Germany, China, India and Russia. There are launches in Johannesburg, Pretoria and Cape city, marking its first African presence.
The idea for Uber became born on a snowy night in Paris in 2008, and ever because then our DNA of reimagination and reinvention incorporates on. We've grown right into an international platform powering flexible income and the motion of people and things in ever-increasing approaches.
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Which of the these elements would be the most important for building a top-of-mind level of brand awareness?
A. Having a memorable brand
B. Having the brand with the best value
C. Holding the brand that has been longest in the market
D. Having the best quality
Based on business strategy, and the available options, the element that would be the most important for building a top-of-mind level of brand awareness is "Having a memorable brand."
What is Brand AwarenessBrand Awareness is a term that is used to describe the process by which individuals or business firms ensure people know about their company and its products/services.
Generally, Brand Awareness is measured through the number of people who know about the company, its products, and its services.
Brand awareness is used to build a connection between the company and targeted customers.
Since the intention is to build a top-of-mind level of brand awareness, the element to be used is "Having a memorable brand."
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A _____ can arise when the tax return and the income statement report a revenue or expense in different years.
A temporary difference can arise when the tax return and the income statement report a revenue or expense in different years.
What is a tax?In Economics, a tax can be defined as the involuntary fees that are levied on individuals or business organizations (companies or firms) by the government of a particular country, in order to generate revenues that can be used to fund public projects, institutions and activities.
What is a temporary difference?A temporary difference can be defined as the difference that exist between an asset's or liability's carrying amount in a balance sheet and the value of its tax base.
This ultimately implies that, reporting a revenue or expense at different years for a tax return would most likely cause a temporary difference.
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Complete Question:
A ______ can arise when the tax return and the income statement report a revenue or expense in different years.
Multiple Choice Temporary difference Permanent difference Bonus payable Federal Unemployment Taxes (FUTA) payable Merit rating
A form of virtualization in which a company's data and applications are stored at offsite data centers that are accessed over the Internet (the cloud).
A type of virtualization known as "cloud computing" involves storing a company's data and applications in remote data centers that can be accessed online.
What is the meaning of the term “virtualization”?Software is used in virtualization to imitate hardware features and build a virtual computer system. This makes it possible for IT companies to operate many virtual systems, as well as various operating systems and applications, on a single server.
Virtualization, often known as cloud computing, is the act of constructing a virtual representation of something in computing, including virtual computer hardware platforms, storage devices, and computer network resources, at the same abstraction level.
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The complete question has been attached in text form:
a form of virtualization in which a company's data and applications are stored at offsite data centers that are accessed over the internet (the cloud)
Advantages:
1.) reduced software costs
2.) improved security
3.) flexible security
4.) lower equipment costs
5.) easier access
If the central bank can act as a lender of last resort during a banking panic, banks can.
If the central bank can act as a lender of last resort during a banking panic, banks can satisfy customer withdrawal needs and eventually restore the public's faith in the banking system.
A financial institution is a monetary group certified to receive deposits and make loans. There are several varieties of banks inclusive of retail, commercial, and investment banks. In maximum nations, banks are regulated by using countrywide authorities or vital financial institutions.
Although banks do many things, their number one position is to soak up funds—called deposits—from people with money, pool them, and lend them to individuals who need a price range. Banks are intermediaries among depositors (who lend money to the bank) and debtors (to whom the financial institution lends money).
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If the economy begins at potential output when a positive aggregate demand shock occurs, then initially.
If the economy begins at the potential output when a positive aggregate demand shock occurs, then initially potential output increases.
A financial system is a machine of interrelated production and consumption activities that in the end decide the allocation of sources within a collection. The production and consumption of goods and offerings as a whole fulfill the needs of those residing and running within it.
An outstanding example of an economy is the conventional economic system that encompasses the customs and records of a kingdom to manual manufacturing and distribution of goods. conventional economies are typically primarily based on agriculture, fishing, and looking.
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Anita is a top manager at z-tech. She has the formal authority to control and use z-tech resources because of her hierarchical position in the firm. Given only this information, what type of power can we say anita has?.
Legitimate power.The formal authority granted to a person within an organization is known as legitimate power.
What is legitimate power and example?The formal authority granted to a person within an organization is known as legitimate power.Legitimate power is a type of positional power because it derives from a position or work title. For instance, a manager may allocate projects, a police officer can detain a person, and a teacher can give grades. Possessing a position of authority inside an organization, such as being the boss or an important member of the leadership team, is the source of legitimate power.When workers in the organization respect the individual's authority, they get this power. When you hold a particular position in your business, you are granted this kind of formal power.It may provide you authority within the organization, depending on the role.It also continues for as long as you hold that position.Subordinates can recognize this kind of power. A formal form of authority obtained from your position within an organization is known as legitimate power.Because they respect the validity of your authority, subordinates obey.When you have legitimate power, your position grants you power.You possess greater authority the higher up the organizational ladder you go.To learn more about legitimate power refer
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Janelle is in high school and is interested in going into a nursing/medical profession. She has done some research, created a table, and found that each career requires a different level of education and training, resulting in different potential salaries.
Relative to Janelle’s research, explain how education and training impact career options and future earning potential.
Education and training impact career options and future earning potential, as your level of education tends to decide the actual job opportunities with a satisfying compensation.
So the education and training are the two important tools which tends impact your career and tends to control the job opportunities for each individual. Here, the higher education helps you in order get more prestigious jobs with good compensation.
While a low level of education occasionally will not offer you the high payable jobs. Whereas, the medical professionals are said to have different ways to maintain their job opportunities. This thus differs from job to job.
Hence, every job is meant on the basis of your education, training, and your skills.
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Unlimited liability as it relates to sole proprietorships is the risk of loss of.
Unlimited liability as it relates to sole proprietorships is the risk of loss of assets beyond the assets of the business.
What does a firm have as assets?An asset is a valuable resource that you own or rent and that helps you run your firm. Computers and petty cash are examples of tangible resources. Intangible resources include goodwill, reputation, and brand.An object of value that a corporation owns is considered a business asset. There are numerous types of business assets. They could be material, observable products, like cars,...A tangible asset is an object that belongs to your company. In addition to stock and buildings, these assets also include cash, vehicles, and equipment.Unlimited liability as it relates to sole proprietorships is the risk of loss of assets beyond the assets of the business.To learn more about Asset refer to:
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Answer:personal
Explanation:
Bramble Corp.'s balance sheet reported the following:
Capital stock outstanding, 5,000 shares, par $25 per share $125,000 Paid-in capital in excess of par 77,100
Retained earnings 107,800
The following transactions occurred this year:
(a) Purchased 220 shares of capital stock to be held as treasury stock, paying $60 per share.
(b) Sold 150 of the shares of treasury stock at $65 per share.
(c) Sold the remaining shares of treasury stock at $52 per share.
Prepare the journal entry for these transactions under the cost method of accounting for treasury stock.
The journal entry for these transactions under the cost method of accounting for treasury stock is: Debit Treasury stock $13,200; Credit Cash $13,200.
How to prepare the journal entries?Bramble Corp.'s entries
a. Debit Treasury stock $13,200
(220 shares x 60 per share)
Credit Cash $13,200
b. Debit Cash $9,750
(150 shares x 65 per share)
Credit Treasury stock $9,000
($9,750 -$750)
Credit Paid in capital in excess of par $750
[(150 shares x (65 per share - $60per share)]
c. Debit Cash $3,640
[( 220 shares - 150 of the shares) × $52]
Debit Paid in capital in excess of par $560
($4,200 - $3,640)
Credit Treasury stock $4,200
($13,200 -$9,000)
Therefore the entry is Debit Treasury stock $13,200; Credit Cash $13,200.
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Which one of the following is considered a good option for bankruptcy?
Stop payment on all bills.
Hire a credit repair service.
Get consumer credit counseling.
Get additional credit to pay off your bills.
Getting additional credit to pay off the bills is considered to be a good option for bankruptcy. Hence, option D is appropriate.
What do you mean by bankruptcy?Bankruptcy is the process by which people are not being able to pay their bills. The most important thing regarding this has been the understanding of the most important thing. The other most important thing regarding the understanding of the same is how the people are being asked to look for the same.
During the Bankruptcy of a certain individual, separate laws are put into place for the proper understanding of things. The most im[pratnt is that the banks provide a certain amount of incentives so that the Bankrupted individual could return the amount taken very slowly but properly.
Hence, option D is correct.
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Refer to the figure below and assume that the values for points a, b, and c (the combined value of consumer goods and capital goods)
are $10 billion, $20 billion, and $18 billion, respectively.
A. The annual rate of economic growth will equals to 7%.
B. The production capacity will fall short of 10%.
What will be annual rate of economic growth?If this economy moves from point A to point B over a 10-year period, its annual rate of economic growth will be as follows:
Rate of growth = (70/ years to double). The economy moves from point a to point b over a 10-year period, then, the rate of growth:
= 70/10
= 7%
What will be the % fall short of its production capacity?If the economy was at point C at the end of the 10-year period, the percentage that it fall short of its production capacity will be as computed below:
Given that the Actual production is at point c, $18 billion, short of production capacity, the fall short is computed as follows:
= (amount short/ $20 billion)
= $2/20
= 10%
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What discount rate would you use to discount the cash flows from the project? Does this adequately capture the risk of investing in Brazil?
Answer: You need more information to answer this question correctly.
Explanation:
Based on the 1 part of the question I would say 10%. Moreover, You wouldn't want to invest in Brazil because their average amount compared to others is low.
A bank has $800 million in demand deposits and $100 million in reserves. If the reserve requirement is 10 percent, the bank’s excess reserves equal.
The bank's excess reserves are 20 if the reserve requirement is 10%.
The amount of money that a bank must have in reserve in order to pay its obligations in the event of unforeseen withdrawals is known as the reserve requirement.
Capital reserves stored in excess of what is required by regulators, creditors, or internal controls are known as excess reserves by a bank or financial institution. The standard reserve requirement amounts established by central banking regulators are contrasted with excess reserves held by commercial banks.
Required reserves ($ million) = Demand deposit × Reserve ratio
= 800 × 10% = 80
Excess reserves ($ million) = Total reserves - Required reserves
= 100 - 80 = 20
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One of the main goals of the World Trade Organization is to ________.
Answer:
To liberalise trade
Explanation:
Each marketing tactic does not need a timeline or budget.
Responses true or false
Answer:
false. answer need to be 20 characters long so ths is just to fill in space.
Explanation:
.
False,
Explanation:
Referring to the concept of management, where there has to be
PlanningOrganizingActionControl and evaluationIt means each marketing tactic needs a timeline for planning them until evaluation. Each marketing action also needs a budget; even a tiny social media campaign requires a budget.
I hope it helps!
write the importance of local market? write any 5.
Local markets enable small farmers and their families to increase their income by enabling them to sell their products more effectively, thereby reducing their dependence on social transfers and subsidies.
The five critical elements for local advertising and marketing fulfillment
list control.nearby search engine optimization.local touchdown pages.recognition management.Paid seek and social media.local marketing allows you to attain new audiences, boosts your seek ratings and online traffic, and facilitates setting up your commercial enterprise for your nearby community. put money into these neighborhood marketing strategies to deliver new clients to your doors today.
neighborhood Markets: In this sort of market the customers and sellers are restrained to the neighborhood area or location. They generally promote perishable items of daily use since the delivery of such items can be high priced. nearby Markets: those markets cover a much broader area than neighborhood markets like a district, or a cluster of a few smaller states.
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Local markets have their importance in the development of local socio-economical development as they :
1. Promote local employment
local population will be benefited from job opportunities when we have local markets
2. Supportive of social and economic exclusion
small farmers feel the burden of sealing their finished goods in the process of transportation and subsides, but when we have a local market, these barriers can be combated.
3. Easy sealing of goods especially perishable goods which will perish in a day if not they will spoil so having local market perishable goods can sell easily in time.
4. Promotes environmental protection by reducing the transportation and use of emissions etc.
5. Promotes local brands which are famous in our locality which creates an identity and also makes investors invest
6. Safeguards the existence of local handicrafts at a certain limit and also makes customers purchase goods at cheaper and travel risk
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On the basis of the above information we: A. can say that the firm's labor supply curve is upsloping. B. cannot say whether the firm's product market is purely or imperfectly competitive. C. can say that the firm is selling its product in a purely competitive market. D can say that the firm is selling its product in an imperfectly competitive market.
The aforementioned data allows us to conclude that the firm is providing its goods in a market that is only competitive. As a result, choice (C) is the accurate approach.
What is a competitive market?When competition is at its highest level imaginable, a market is said to be competitive. It is also regarded as a perfectly competitive market and has many consumers, uniform products, unrestricted entry, and departure, etc. The market circumstances are perfectly competitive, and no one company has a monopoly.
Businesses will continue to make reasonable profits under the strain of the marketplace while keeping cheap prices under this arrangement. Only in principle does the perfect market structure exist, with all of its desirable qualities.
Hence, option (C) is accurate.
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"The most likely time to pursue a harvest strategy is in a situation of
A) high growth.
B) strong competitive advantage.
C) mergers and acquisitions.
D) decline in the market life cycle ."
In a circumstance of market life cycle decline, a harvest strategy is most likely to be pursued.
What is the harvest strategy?In order to increase earnings, a harvest strategy entails lowering spending on a well-established product. Harvesting tactics are typically utilized on outmoded goods since profits are invested in more recent products or technologies.
There are two primary categories of harvest strategies: direct sales and cost-cutting to boost revenue. What the owner wants to achieve and whether there are any other uses for the potential profit rely on which one is better in a particular circumstance.
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Which one of the following risks is most important to a well-diversified investor in common stocks?
A) Market risk
B) Specific risk
C) unsystematic risk
D) Diversification risk
The answer choice that is the most important to a well-diversified investor in common stocks is A) Market risk
What is Market Risk?This refers to the term that describes and defines the risk possibility of an investor making losses based on market factors that have an effect on the performance of the financial markets
Hence, it can be seen that from the other risks mentioned: B) Specific risk, C) unsystematic risk, D) Diversification risk, they do not have such importance to a well-diversified investor in common stocks than market risks.
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What power tactic is being used when a manager says that their request corresponds with a corporate policy or rule?.
The power tactic is being used when a manager says that their request corresponds with a corporate policy or rule is legitimating tactics.
When the appeal is founded on genuine or positional power, legitimating tactics are used. By the authority granted to me: This strategy depends on adhering to the laws, rules, and regulations. People are meant to be aligned behind a direction, not motivated.
There are both positive and negative perceptions of authority. It is simple to see how authority can be abused because it is granted through position, title, expertise, experience, and demeanor. It can appear oppressive and forced if someone uses other people's legitimating tactics to make a point. Your actions, words, and appearance must convey that you are in a position of authority.
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"Which of the following statements are true about U.S. Treasury securities? Choose one or more:
A. The U.S. government sells bonds when it wants to spend more than it receives in tax revenue.
B. Foreign ownership of U.S. Treasury securities has increased in recent years.
C. Foreign investment in U.S. bonds results in higher interest rates in the United States. "
The U.S. government sells bonds when it wants to spend more than it receives in tax revenue the following statements are true about U.S. Treasury securities. The correct option is A.
What happens when the government issues more bonds?The law of economics states that if the supply of something increases, the price will fall if all other factors remain constant. However, when it comes to government bond issuance, everything else is not equal. When governments issue a large number of bonds, it generally indicates that the economy is in trouble.
Government bonds help to fund federal budget deficits and are used to raise capital for a variety of projects, including infrastructure spending. However, the Federal Reserve Bank also uses government bonds to control the nation's money supply.
Thus, the ideal selection is option A.
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Puzzle #I
A=500 (1 + 0.025112-5
2 What is your
account's
interest rate
percentage?
1 How much
was your initial
investment,
in dollars?
3 How many times per
year is the interest in
your account
compounded?
answer choices
C=
A:
D:
G:
How many
years is your
money in your
account before it
reaches A dollars?
B:
12 60
25
I
E:
H
5
S
2.5
F:
I:
566.5 0.25
500
Type the 4-letter
code into the
answer box.
All CAPS, no
spaces.
Bowen & CON
Answer:
0.025062
50$
7
Explanation:
Which of the following indicates the length of a channel?
A.
The number of retailers in the channel
B.
The number of wholesalers in the channel
C.
The number of intermediary levels in the channel
D.
The number of final consumers in the channel
E.
The number of producers in the channel
The quantity of intermediate levels within a channel serves as a measure of its length. Therefore, choice (C) is the appropriate response.
What is channel length?The number of middlemen in a specific distribution channel between the manufacturer and the customer is referred to as the channel length. Long or short distribution channels are both possible. Long channel: Involves a lot of middlemen. Short channel: A few successive intermediaries labor to deliver items to the consumer.
A short channel, like direct marketing, contains as few steps as feasible between the producer and the buyer. Other middlemen, including wholesalers and retailers, are part of a long channel.
Hence, option (C) is accurate.
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When carhartt allowed edwin and faeh to sell their apparel in europe, they were expanding globally through Maltiple Choice
joint venture.
exporting.
acquisition.
When Carhartt allowed Edwin and Faehn to sell their apparel in Europe, they were expanding globally through exporting. The correct option is (c).
What do you mean by the globally export?Exporting is the process by which businesses from one nation sell their products and services to clients or customers in another nation.
Global exports are a form of international trade in which products made or produced in one country are sent to other countries for possible future exchange or sale.
The good is made in one nation and exported to one or more others. The sale of these items raises the gross national product of the nation that produces them.
Therefore, when Carhartt allowed Edwin and Faehn to sell their apparel in Europe, they were expanding globally through exporting.
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When considering the three basic decisions a firm must make when it decides to enter a foreign market, it must determine the market to enter, the timing of entrance, and.
A company's overall plan for reaching out to potential customers and converting them into buyers of their goods or services is referred to as a marketing strategy.
What is market strategy process?In contrast to a start-up operation, the administration of a small business that is already operating is the main subject of this work. As a result, there are two factors to take into account when developing a marketing strategy: (1) modifying or fine-tuning current marketing initiatives, and (2) adding new products or services as the company grows. For a small business, it may occasionally be appropriate and desirable to backfit its marketing initiatives into a comprehensive marketing strategy framework.There are various steps involved in the marketing strategy process. The corporate vision, company mission, marketing objectives, and the marketing strategy itself should all be properly thought out and planned.To Learn more About marketing strategy refer to:
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What is an external communication that is paid for by the seller and promotes a product to potential customers?.
Advertising is an external communication that is paid for by the seller and promotes a product to potential customers.
The process and methods used in advertising are intended to draw attention to a good or service. With the help of advertising, businesses strive to draw consumers' attention to their goods and services. Although there are many purposes, the commercial advertisement is the most frequent. It is typically used to promote a certain commodity or service.
Through "branding," in which consumers link a product name or image with specific traits, commercial advertising frequently aim to boost consumption of their goods or services. Direct-response advertising, on the other hand, refers to advertisements that are meant to prompt a quick purchase. Political parties, interest groups, religious organizations, and governmental bodies are examples of non-commercial enterprises that market more than consumer goods or services.
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Will give brainlyest
Match the business plan component to its description.
Includes a budget, a 12-month profit and loss projection, cash flow statements, a breakeven analysis, and capital requirements to show investors how their money will be spent.
Provides an overview of the employees and others that are part of a business.
Determines the size of a market with marketing analysis and describes potential customers to provide a customized plan to reach them.
Summarizes what one wants to accomplish with a business, the products and services one sells, financial outlook, the funding needed, one's goals, and one's achievements.
1.
Executive Summary
2.
Organizational structure/management bios
3.
Financial plan
4.
Marketing plan
First description is financial plan
second is organizational structure
3rd is marketing plan
4th is executive summary
The sharing economy requires companies to be _____ flexible in how they organize their activities.
The sharing economy requires companies to be more flexible in how they organize their activities.
Since the dawn of the Internet and its application of big data, communities of people have shared the use of assets for thousands of years, but the Internet's introduction has made it simpler for asset owners and those looking to use those assets to connect with one another. Other names for this type of dynamic include the shareconomy, collaborative economy, peer economy, and collaborative consumerism.
Sharing economies give people and organizations the chance to profit from underutilized resources. In a sharing economy, unused resources like parked cars and extra bedrooms can be rented out. Physical resources are distributed in this manner as services.
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Hyundai Heavy Industries Co. is one of Korea’s largest industrial producers. According to an article in BusinessWeek Online, the company is not only the world’s largest shipbuilder but also manufactures other industrial goods ranging from construction equipment and marine engines to building power plants and oil refineries worldwide. Despite being a major industrial force in Korea, several of the company’s divisions are unprofitable, or “bleeding red ink” in the words of the article. Indeed, last year the power plant and oil refineries building division recorded a $105 million loss, or 19 percent of its sales. Hyundai Heavy Industries recently hired a new Chief executive officer (CEO) who is charged with the mission of bringing the unprofitable divisions back to profitability. According to BusinessWeek, Hyundai’s profit-driven Chief executive officer (CEO) has provided division heads with the following ultimatum: “…hive off money-losing businesses and deliver profits within a year—or else resign.” Suppose you are the head of the marine engine division and that it has been unprofitable for 7 of the last 10 years. While you build and sell in the competitive marine engines industry, your primary customer is Hyundai’s profitable ship-building division. This tight relationship is due, in large part, to the technical specifications of building ships around engines. Suppose that in our end-of-year report to the Chief executive officer (CEO) you must disclose that while your division reduced costs by 10 percent, it still remains unprofitable. Make an argument to the Chief executive officer (CEO) explaining why your division should not be shut down.
The argument that would be made to the CEO would be based on the fact that there are complementarities of cost as well as economies of scope.
The argument that is to be madeCost complementarities and economies of scope are likely to occur given the tightly linked marine engine and shipbuilding sectors.
Eliminating marine engine division can actually increase the costs of the shipbuilding division, making the shipbuilding division non-profitable.
Showing the CEO that quadratic multi-product, a cost function presents cost complementarities and an economies of scope, which will occur when a 0andf-aQ1Q2> 0, respectively, and compare the profitability under various scenarios would help this particular argument withstand criticism.
My justification for maintaining the distinction is as follows:
Our division is still growing and needs a few more years to reach its full potential.
Additionally, we introduced new equipment (technology) last year, which helped us cut costs by 10%. This year, thanks to our employees' thorough training on the new platform, we may cut costs even more in the upcoming fiscal year.
And because of the fresh investment in fixed capital, the division has suffered losses. i.e., even while total costs exceed entire revenues. The price of output is higher than the average variable cost.
As a result, the company has every right to continue operating because its AVC is greater than the price.
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