to maximize profit, a competitive firm hires workers up to the point of intersection of the a. marginal product curve and the wage. b. value of marginal product curve and the marginal revenue curve. c. total revenue curve and the wage. d. value of marginal product curve and the wage

The length of time for which a business summarizes its financial information and reports its financial performance is called a fiscal period.

A fiscal period or fiscal year can be defined as a 12-month period in which a business entity will account for all transactions dealing with that particular company. The 12-month period does not necessarily coincide with the calendar year or January 1st to December 31st. The fiscal period concept is used by companies since it is easier to calculate the financials if the company financials is similar to the natural business cycle of the company.

Fiscal periods are a type of classification record, which states that they exist in a hierarchy.

Learn more about fiscal, here:

https://brainly.com/question/11567873

#SPJ1

After the buyer has purchased the product, the marketer reminds the buyer that he or she made a wise purchase, is involved in the final stage in the buyer decision process.

Five fundamental steps make up the consumer decision-making process. Consumers use this method to assess whether to make a purchase. The five processes include problem identification, information search, examination of alternative options, purchase choice, and post-purchase analysis. Businesses need to understand the consumer decision-making process in order to better comprehend why and how customers make purchases.

Companies can adjust their marketing efforts to reflect the requirements and preferences of their target market by comprehending the processes involved in the decision-making process. Consumer behavior is influenced by four main elements in general. These elements have an effect on whether or not your target buyer purchases your product. They are psychological, cultural, societal, and personal.

To learn more about decision-making process, visit:

https://brainly.com/question/28488735

#SPJ1

From the diagram to the right, A movement from upper a to upper b represents: a change in quantity demanded.

Quantity demanded is a term used in economics to describe the total amount of goods or services sought by consumers over a period of time. It depends on the price of the goods or services in the market whether the market is in equilibrium or not. Demand is the quantity of goods or services that consumers are willing and able to purchase at a given price over a given period of time. Quantity demanded is the amount of goods or services that people buy at a particular price at a particular time.

Learn more about quantity demanded:  https://brainly.com/question/1692392

#SPJ4

The Answer is " $0 and the equilibrium quantity is 500 Gallons".

Equilibrium Price :

The consumer cost assigned to some service or product such that demand and supply are equal, or close to equal, it is also known as a market-clearing price. It is where the supply of goods matches demand. The vendor or manufacturer can sell all the units they want to move and the customer can access all the units they want to buy.

What is the formula for equilibrium price?

It can be calculated by solving the demand and supply function -

(Qa – bP = x + yP). The equation gives an equilibrium price.

Equilibrium Quantity :

The quantity demanded and supplied when there is equal demand and  supply in the market. It appears at the equilibrium point when there is neither surplus nor shortage of the specific product happens.

To know more about Equilibrium Price : https://brainly.com/question/28527601

#SPJ4

The second theorem of welfare economics states that trade can accomplish any pareto optimal allocation as long as endowments are first properly organized.

First Welfare Economics Fundamental Theorem Assume that every person and company is a self-serving price taker. A competitive equilibrium is Pareto ideal in this case. We concentrate on one straightforward application of the theorem in a pure production economy in order to illustrate it.

There are two main theorems in welfare economics. The first is that markets with competition produce Pareto-efficient results. The second is that with the right amount of redistribution, social welfare can be maximized at an equilibrium.

To learn more about economic welfare here:

https://brainly.com/question/16909202

#SPJ4

Numerous noticeable benefits of probation include the fact that it is less expensive than jail and keeps criminals engaged in society. In response to calls to prevent mass incarceration, it would initially make more sense to place more individuals on probation rather than lock them up.

The phrase "corrections" refers to the treatment of people who have been arrested, convicted of a crime, and given a term for one. There are two main groups that make up the populations of institutions and community correctional facilities. The conditions "correction," "corrections," as well as "correctional" in the field of criminal justice, especially in North America, are collective nouns that cover a broad range of duties typically carried out by government entities, including the punishment, care, as well as supervision of individuals who have been discovered guilty of crimes.

To (a) ensure a safe environment and humane treatment for prisoners, their families, and anyone else who comes into contact with them; (b) advance equal treatment for everyone; (c) inform prisoners about socially acceptable norms and motivate them to change; and (d) provide opportunities for self-improvement.

The cornerstones of the criminal justice system are intermediate penalties, probation, custody, prison, and parole. The term "corrections" describes the various methods used by society to deal with convicted criminals, including incarceration, parole, and probation.

To know more about Services visit:

https://brainly.com/question/10340984

#SPJ4

Leadership is the ability to marshal human, informational, and other resources to get something done is false.

The Oxford Dictionary defines leadership as "the action of leading a group of people or an organization." Leadership, put simply, is about taking chances and questioning the status quo. Leaders inspire followers to take new and improved actions.

A good leader is able to bring out the best qualities in his or her team members and inspire them to collaborate in order to achieve a common objective, so these abilities are crucial to possess. A good leader maintains the team's focus and keeps them on task to prevent delays.

To know more about Leadership visit:

https://brainly.com/question/29452698

#SPJ4

The client can experience a drop in traffic and conversions as a result of potential clients becoming averse to clicking on adverts if they think the product won't be available.

If a client's inventory data is inaccurate when uploaded for a Shopping ad campaign, the following problems could occur: Due to the possibility that potential customers won't be able to locate the products they're seeking for, the client may experience a decline in traffic and conversions. Because their advertising might not be as pertinent to searchers as those of their rivals, the client could also experience a rise in their cost per click (CPC) rate. Make sure all inventory data is accurate before uploading it for a Shopping ad campaign to prevent these problems. This entails making certain that all product costs, summaries, and photos are current and coincide with those on the client's website.

Learn more about The Client here:

https://brainly.com/question/29347516

#SPJ4

His/her language skills should good enough to handle southern region work

How to hire a right person for the job?

It's not always simple to find the ideal candidate for a job position, and it's economically important to do it right. An employer may spend thousands of dollars on employing a new employee due to the costs of recruiting, onboarding, and perks. That money is simply squandered if the new hire doesn't work out.

According to the question:

To know more about different approaches in leadership:

https://brainly.com/question/28385697

#SPJ4

Procurement  is the supply chain function that receives inputs from the demand plan to procure materials, equipment, and services.

The process of organizing the many tasks necessary to create and distribute goods and services to a company's clients is known as supply chain management. The transfer of raw materials from the supplier to the producer to the final delivery to the customer is all included in the supply chain. Designing, farming, manufacturing, packaging, and transportation are a few examples of supply chain operations. A supply chain is the entire process of getting a finished good or service to the client. It may be necessary to obtain raw materials, convey them to the production facility, and then deliver the finished products to a customer.

Learn more about supply chain from

brainly.com/question/25160870

#SPJ4

Cost object is a technique for measuring the costs of a product, market sector, client, etc. independently in order to determine the precise cost as well as the selling price.

Some examples for cost object include:

1. Products: The cost of producing a specific product line or individual item.

2. Projects: The cost of completing a specific project or task.

3. Customers: The cost of providing services to a particular customer or group of customers.

Depending on the type of product or the turnover of the product, the law may occasionally demand the maintenance of cost records.

To know more about Cost object,

https://brainly.com/question/13213772

#SPJ4

Equivalent units of production are equal to: If every effort had been put into the units that were started and finished during that time, how many could have been finished.

At the conclusion of an accounting period, the work-in-process inventory is referred to as having equivalent units of production. Given the amount of direct materials, direct labor, and manufacturing overhead costs incurred during that time for the products that weren't yet completed, it is the number of finished units of a product that a corporation could have hypothetically produced. In other words, if you have 100 units in production but have only spent 40% of the processing costs on them, you are only producing 40 equivalent units.

A cost accounting concept called equivalent units is applied in process costing to calculate costs. It is irrelevant from an operational standpoint and is only useful for process costing as far as cost derivation goes.

Since direct materials are often added at the start of the production process and all other costs are incurred as the materials gradually move through the production process, equivalent units of production are normally specified separately for direct materials and all other manufacturing costs. As a result, direct material equivalent units are typically greater than equivalent units for other manufacturing costs.

To know more about production:

https://brainly.com/question/16848613

#SPJ4

If the money supply increases more quickly than economic growth under generally normal economic conditions, inflation may result. Inflation, or the rate of average price rises over time, can be influenced by variables other than the money supply.

The amount of money available in the economy and the pricing at which products and services are sold are directly correlated. The market situation makes it evident that if we increase the money supply on the left side of the equation, the average price level will rise at a corresponding rate.

The total amount of reserves in a bank rises with each dollar deposited into an account. The bank will lend out the extra reserves while keeping some of the necessary reserves on hand. The money supply is increased when such loan is made. Banks "generate" money in this way to expand the available supply.

To know more about Money Supply visit:

https://brainly.com/question/28891105

#SPJ4

A balance sheet is an economic statement that reviews a corporation's assets, liabilities, and shareholder equity. The stability sheet is one of the 3 core monetary statements that are used to evaluate a commercial enterprise. It offers a photograph of a corporation's finances (what it owns and owes) as of the date of the booklet.

Balance Sheet    income statement         Transaction      cash

+ Noncash assets = Liability + Contrib. Capital + Earned Rev –  Expen-

= internet Asset its Capital  earnings

Feb. 3: Issued 48,000 shares of $5 par value commonplace stock at $27 coins in keeping with the percentage

1,080,000 =200,000 – = coins not unusual inventory

880,000 additional Paid-in Capital

Feb. 27: Issued 10,800 shares of $50 par cost 8% preferred stock at $88 coins in step with share - =coins not unusual inventory

880,000 additional Paid-in Capital

Feb. 27: Issued 9,000 shares of $50 par cost eight% preferred stock at $88 coins in step with share

792,000 = 450,000 – = cash  favored inventory 342,000

upload Paid-in Capital

Mar 31: purchased 6,000 stocks of not-unusual stock at $30 per share

–150,000 = –a hundred and fifty,000 – = cash Treasury stock

Jun 25: bought 3,600 shares of treasury stock at $38 cash in keeping with proportion

114,000 = ninety,000 – = coins Treasury inventory

24,000 extra Paid-in Capital.

Jul 15: sold 2,400 shares of treasury inventory at $29 coins consistent with share

58,000 = 60,000 – = coins Treasury inventory –2,000 extra Paid-in Capital.

Learn more about the balance sheet here

https://brainly.com/question/1113933

#SPJ4

The first statement is false in this answer and the second statement is true about the charecteristics of countries with economic freedom.

The vocabulary of economists is extensive. The term "GDP" (gross domestic product) is one of the most popular. It is frequently quoted in reports by governments, central banks, and the business community as well as in newspapers, on television news, and in publications.

GDP equals private consumption plus gross domestic product plus government investment plus government spending plus (exports – imports). The national statistical office of the nation typically calculates GDP using the international standard.

To know more about GDP visit:

https://brainly.com/question/15682765

#SPJ4

Option D is correct. Outsourcing some production is a means of overcoming a capacity constraint.

To decide the production capacity an association needs to fulfill moving shopper needs for its items through the course of capacity planning. The most extreme measure of work that an association is fit for acting in a particular time period is known as plan limit with regards to scope quantification.

Shortcoming happens from a crisscross between an organization's capacities and its clients' requirements, either as underutilized assets or neglected client interest. Capacity planning looks to decrease this crisscross. Changes underway result, like expanding or bringing down the creation amount of an ongoing item or making new items, influence the interest for an association's ability. The viability of the gear overall can be expanded to get a superior utilization of the current limit (OEE). Expansions in limit can be accomplished by adding new strategies, apparatuses, and materials, adding more individuals or machines, adding more moves, or purchasing additional manufacturing facilities.

Outsourcing is a business practice in which an organization recruits an outsider to perform errands, handle tasks or offer types of assistance for the organization.

Know more about capacity planning - https://brainly.com/question/29606183

#SPJ4

The distinction between class A and class B shares of a mutual fund typically refers to the way in which the fund charges fees to its investors. Class A shares typically have a front-end load, which is a sales charge that is applied when the shares are purchased.

This means that investors in class A shares pay a higher initial price for the shares, but may have lower ongoing expenses.

Class B shares, on the other hand, typically do not have a front-end load, but may have higher ongoing expenses, such as an annual management fee or a deferred sales charge. This means that investors in class B shares pay a lower initial price for the shares, but may have higher ongoing costs.

The choice between class A and class B shares will depend on an investor's individual circumstances and investment goals. Investors should carefully consider the fees and expenses associated with each class of shares, as well as the investment objectives and risk profile of the mutual fund, before making a decision.

Learn more about front-end load here:

https://brainly.com/question/14942298

#SPJ4

The Solow model is based on the notion of diminishing marginal product of capital and labor.

notion is a observe-taking software platform designed to help participants of companies or businesses manage their information for greater performance and productiveness. belief Labs Inc is a startup based in San Francisco, based in 2013 by means of Ivan Zhao, Chris Prucha, Jessica Lam, Simon ultimate and Toby Schachman.[1] At that time, they declined to meet any mission capitalists or talk obtaining a better valuation. In March of 2018, belief 2.0 turned into launched. It changed into undoubtedly received with the aid of Product Hunt and rated #1 manufactured from the Month.[3] At that factor, the company had fewer than 10 personnel.

LEarn more about notion here

https://brainly.com/question/26410417

#SPJ4

In the absence of externalities, the "invisible hand" leads a market to maximize total benefit to society from that market.

come in both good and bad forms. They exist when the deeds of one person or thing have an impact on the life and welfare of another. Positive consumption, positive production, negative consumption, and negative production externalities are the four main categories of externalities in economics. Positive externalities typically have a positive impact, as suggested by their names, whilst negative ones typically have the opposite effect. 

To learn more about Positive externalities please click on the given link: https://brainly.com/question/22932430

#SPJ4

When the report needs to project objectivity and authority.

The techniques is a popular plan to advantage one or more lengthy-term or normal dreams below situations of uncertainty. in the texture of the "art work of the general", which protected numerous subsets of abilities together with army strategies, siegecraft, logistics and so forth., the term came into use within the sixth century C.E. in japanese Roman terminology, and became translated into Western vernacular languages simplest inside the 18th century. From then till the 20th century, the phrase "method" came to indicate "a whole manner to try to pursue political ends, on the facet of the threat or real use of stress, in a dialectic of wills" in a army war, in which each adversaries have interaction.

Learn more about authority here

https://brainly.com/question/18372290

#SPJ4

Selling inventory at a profit is true of net working capital. A decrease in the cash balance also decreases net working capital.

If a company's current assets are greater than its current liabilities, does it have negative net working capital?

The current ratio, which is determined by dividing a company's current assets by its current liabilities, and negative working capital are strongly connected. When the current ratio is lower than 1, there are more current liabilities than current assets, which results in a decrease in working capital.

The difference between current assets and current liabilities on a company's balance sheet is referred to as net working (NWC). It serves as a gauge of a company's liquidity and capacity to pay short-term debts and fund ongoing operations.

Therefore, Net working capital is current assets minus current liabilities.

Learn more about net working capital from the given link.

https://brainly.com/question/21852402

#SPJ4

$258300 would be the amount of fixed overhead cost allocated to production in this case.

What do you understand by fixed cost?

On the income statement, company expenses may be split down into direct, indirect, and capital expenditures. On the balance sheet, these expenses can be shown as short-term or long-term liabilities. The total cost structure of a company is made up of both fixed and variable costs.

Cost structure analysis comes in many forms, and it is used by cost analysts to examine both fixed and variable costs. Costs are typically a major determinant of overall profitability.

The term "fixed costs" refers to expenses that remain constant throughout time. Typically, schedules or business agreements create them. These are the fundamental expenses related to running a firm fully. Over the course of a contract or cost schedule, fixed costs remain constant after they have been defined.

To learn more about fixed cost

https://brainly.com/question/27328807

#SPJ1

A syndication arrangement is a type of arrangement that involves a promoter who arranges and manages an enterprise for a fee plus a percentage of ownership.

Loan syndication is headed by using a managing financial institution that is approached through the borrower to set up a credit score. The coping with the bank is generally accountable for negotiating situations and arranging the syndicate. In return, the borrower commonly can pay the bank a fee.

mortgage syndication occurs when extra lenders come together to fund one loan for an unmarried borrower. Syndicates are created when a mortgage is too huge for one financial institution or falls outside the danger tolerance of a financial institution. The banks in a loan syndicate share the threat and are handiest uncovered to their portion of the mortgage. A syndicated loan is one this is supplied with the aid of a set of lenders and is established, arranged, and administered by using one or numerous industrial banks or funding banks known as lead arrangers.

To learn more about syndication arrangement visit here:

brainly.com/question/28198250

#SPJ4

It is a true statement that value of money is the idea that money in your possession today is worth more than money that will be in your possession in the future.

In economic, a value of money is also called a time value of money, which is a concept that a sum of money is worth more now than the same sum will be at a future date due to its earnings potential in the interim.

Time value of money is a core principle of finance which holds that sum of money in the hand has greater value than the same sum to be paid in the future. In conclusion, the time value of money is also referred to as the present discounted value.

Read more about value of money

brainly.com/question/3811399

#SPJ1

Land proprietorship incorporates the upgrades, air freedoms, and materials of subsurfaces however do exclude individual property. These incorporate the oil, gas, minerals, and so forth through the outer layer of the land. Property is said as the legitimate title or ownership of something. The proprietors of these properties reserve the option to extricate regular assets inside the limits of their territory. The given assertion is true.

Genuine property alludes to the proprietorship freedoms related to realty. Realty alludes to land and everything forever connected. Individual property alludes to proprietorship freedoms related to personality. Personality is all things, unmistakable, immaterial is portable.

Learn more about real property/land ownership:

https://brainly.com/question/14531199

#SPJ4

Micropreneurs are business entrepreneurs that choose to keep their companies small enough to manage. A very small business, or one with no more than five employees, is referred to as a micropreneur or microbusiness.

A microentrepreneur manages their own marketing and sales. They lack a committed sales team and an outside marketing company. They must therefore be willing to take the chance of doing business independently. A business owner may be considered a micropreneur if they manage a company with five or fewer employees, or none at all. Perhaps the business owner handles practically all aspects of management, including payroll, budgeting, and marketing. Micropreneurs organize the job they wish to accomplish, look for clients, market their products or services, provide their services, create networks of clients, and boost sales while managing day-to-day operations of their firm, including the simplest of paperwork. At least temporarily, micropreneurs do not put much emphasis on growing their business. The easier it is for micropreneurs to manage the smaller the scale.

Learn more about Micropreneurs here

https://brainly.com/question/14411554

#SPJ4

A money market account (MMA) is a type of savings account that features the traits of a checking account – namely, it comes with checks and/or a debit card and the ability to complete a few transactions monthly without incurring bank fees.

combined martial arts (MMA), occasionally known as cage fighting,[1] no holds barred (NHB),[2] and closing preventing,[3] and initially called Vale Tudo[4] is a full-touch combat game primarily based on placing, grappling and ground fighting, incorporating strategies from various combat sports from round the world.[5] the primary documented use of the term blended martial arts become in a evaluation of UFC 1 by using tv critic Howard Rosenberg in 1993.[6] The question of who in reality coined the term is concern to debate.

Learn more about MMA here

https://brainly.com/question/29645837

#SPJ4

An investor purchases a municipal general obligation bond on Wednesday, April 22, 2020. the bond pays interest on a j/j 1 basis. 96 days of accrued interest would be included on the trade confirmation.

Municipal bonds are an appealing investment choice for people in high tax brackets because interest on them is frequently tax free. Municipalities with general obligations (GO) supply financial flows from project-related taxes. Cash flows from the project itself that were created as revenue minis returns.

Treasury securities and municipal bonds, both of which are issued by regional state governments, are possible choices for investors seeking safety and tax benefits. Corporate bonds may offer a larger return or yield, but it is important to take the issuer's financial stability into account.

To know more about  bonds, refer:

https://brainly.com/question/25557085

#SPJ4

In an actuarially fair insurance policy. If you were to take all of the premiums that everyone paid, they would be exactly equal to all of the payments by the insurance company.

What do you know about actuarially fair insurance policy?

If each insured pays a price for coverage that is equal to the risk she represents by using the insurance pool, given the information provided, the pricing structure is considered "actuarially fair." Because they are more likely to use the fund established by premium payments than those in normal health, those who are in poor health pay more premiums for health insurance. With this pricing strategy, the private insurance sector is unable to provide those in the worst health, who are referred to as "uninsurable" by the sector, with an economically viable insurance product because their chances of drawing large sums from the pool are so high that the price that would need to be charged for "actuarially fair" coverage is out of reach for those who require it.

To study more about actuarially fair insurance policy

https://brainly.com/question/15053926

#SPJ1

The ability to vote is not a privilege or right connected to preferred stock.

The share capital component known as preferred stock can have any two or more qualities that common stock does not, including traits common to both equity and debt instruments. It's frequently thought of as a hybrid instrument. Preferred stocks are junior to bonds in terms of claim compared to common stock, but they might take precedence over ordinary stock in the payment of dividends and upon liquidation. The terms of the preferred stock are set forth in the articles of association or articles of incorporation of the issuing company. Preferred stocks are rated by the same major credit rating companies that grade bonds. The ratings of preferred stocks are lower than those of bonds because preferred dividends do not carry the same guarantees as bond interest payments, and because preferred-stock holders' claims are not as fully protected as bondholders'.

Learn more about  preferred stock from

brainly.com/question/18068539

#SPJ4