Automobile manufacturing is an industry subject to significant economies of scale. Suppose there are four domestic auto manufacturers, but the demand for domestic autos is no more than 2.5 times the quantity produced at the bottom of the long-run average cost curve. What do you expect will happen to the domestic auto industry in the long run

Answers

Answer 1

Answer:

• One firm to have left.

• At least one will be suffering.

Explanation:

There are four companies in this scenario which means that demand should at least be 4 times the production for all of them to sell.

With demand at only 2.5 times, at least one company will not be selling enough cars to survive in the industry so they will exist.

Another one will stay but will face tough times because a demand of 2.5 times production will not be enough to Carter or three companies.


Related Questions

Which of the following examples describes a retailer adding value in a
channel by offering information about products?
A. An office-supply store keeps cartons of paper safely stored on
shelves where they will stay clean and dry.
B. A supermarket is open 20 hours a day and offers a wide variety of
goods.
O C. In a bicycle shop, salespeople help shoppers choose the right
frame size and handlebar position for a comfortable ride.
D. Buyers for a home-electronics retailer keep up-to-date on
technology so they can offer their customers the latest gadgets.

Answers

Answer:

In a bicycle shop, salespeople help shoppers choose the right frame size and handlebar position for a comfortable ride.

Explanation:

The example that demonstrates a merchant adding value in a channel by providing product information is In a bicycle store, salespeople assist customers in selecting the proper frame size and handlebar position for a pleasant ride. Thus, option (C) is correct.

What is retailer?

Retailer refers to the person who acts as the middlemen between the customers and wholesaler. He is the one who provides the product to the ultimate users. He earns the minimal profits and acts as a distributor.  

The following is an illustration of a merchant offering benefit in a route by giving information about the product. In a bicycle shop, salespeople help customers choose the right frames and handle placement for a comfortable ride.

Therefore, it can be concluded that option (C) is correct.

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What threatens workers of the future?

( 1 )
Natural Disasters

(2)
Technological Change

(3)
Big Business

Answers

In my opinion

Technological change: a threat to workers

Answer:

I feel that all of them threaten workers of the future, but I would say that Big Business, number 3 is the most relevant in this scenario.

You purchased a call option for $3.45 17 days ago. The call has a strike price of $45, and the stock is now trading for $51. If you exercise the call today, what will be your holding-period return? If you do not exercise the call today and it expires, what will be your holding-period return?

Answers

Answer:

73.9%;-100%

Explanation:

1. Calculation to determine what will be your holding period return If you exercise the call today

First step is to determine the Forest profit

If the call is exercised

Gross profit =$51 - 45

Gross profit= $6

Second step is to calculate the Net profit

Net profit =$6 -$3.45

Net profit = $2.55.

Now let calculate The holding period return Holding period return=$2.55/$3.45

Holding period return = .739 *100

Holding period return=73.9%

Therefore If you exercise the call today, what will be your holding-period return will be 73.8%

2. Calculation to determine what will be your holding period return If you do not exercise the call today and it expires,

Holding period return= ($0 -$3.45)/$3.45

Holding period return=-$3.45/$3.45

Holding period return = -1.00*100

Holding period return= -100%

Therefore If you do not exercise the call today and it expires, what will be your holding period return will be -100%

Sales Promotions are: Group of answer choices A short-term activity that enhances or supports other IMC variables. Activities such as advertising and personal selling A long-term activity that enhances or supports other IMC variables. A long-term activity that enhances or supports other IMC variables. An integration of personal selling, direct marketing and internet marketing.

Answers

Answer:

A short-term activity that enhances or supports other IMC variables

Explanation:

Sales promotion is considered to be the short-term incentive for a trial that to be started or the purchase. It is the element of the promotional mix. It add the value or the incentive to the consumers, wholesalers etc in order to stimulate the instant sales

So as per the given situation, the first option is correct as it to be considered as the short term activity that support the variable of IMC

Using the rule of 72, t = StartFraction 72 Over r EndFraction, how long will it take for the principal to double with an annual compound interest rate of 6%?

Answers

Answer:

12 years

Explanation:

Given

[tex]t = \frac{72}{r}[/tex]

Required

How long will interest rate of [tex]6\%[/tex] double

We have:

[tex]t = \frac{72}{r}[/tex]

Substitute 6 for r

[tex]t = \frac{72}{6}[/tex]

[tex]t = 12[/tex]

Clara is the chief operating officer of a cosmetics manufacturing company. She gets opportunities to attend the board meetings of her vendor companies. These meetings give her a fresh perspective about how other companies frame their strategies and how procurement and operations are managed in different companies. In the context of managerial roles, which of the following roles does Clara illustrate in this scenario?
A) The leader role
B) The liaison role
C) The disseminator role
D) The figurehead role

Answers

Answer:

B) The liaison role

Explanation:

From the question we are informed about Clara is the chief operating officer of a cosmetics manufacturing company. She gets opportunities to attend the board meetings of her vendor companies. These meetings give her a fresh perspective about how other companies frame their strategies and how procurement and operations are managed in different companies. In the context of managerial roles, In this case, Clara illustrate liaison role.

liaison officer can be regarded as person that stand or liaises in between two firms/organizations in order to communicate as well as coordinate their activities through serving as an official go-between as regards senior officials of both firms. The liaison role is also expected to be an active role as regards liaison organization, attending their key meetings is necessary

During the listing presentation, it would be appropriate for broker Ted to present the statutory written statement regarding brokerage services. Ted should also caution the sellers that until they definitely decide to list with him, they should not reveal information that may later hurt their negotiation position with a buyer because Ted might later be required to reveal that information should he be dealing with a buyer-client. What else should Ted discuss with the sellers during the listing presentation

Answers

Answer: a. The listing agreement they will use

b) Ted's office policy regarding intermediary brokerage

c) Ted's office policy regarding commission splits with "other" brokers

Explanation:

Apart from the fact that the statutory written statement regarding the brokerage services will be presented, it is appropriate for Ted to discuss the following with the sellers.

• The listing agreement they will use

• Ted's office policy regarding intermediary brokerage

• Ted's office policy regarding commission splits with "other" brokers.

These are needed to ensure that both the sellers and the buyer understands each other's stand and the agreement that are in place to ensure a smooth transaction.

Speciation has occurred in a species population once ________.
a) One species migrates to a different geographical location than another species
b) Environmental conditions select certain individuals from one species to survive and reproduce
c) Individuals in the population cannot produce fertile offspring with other individuals in the population
d) One set of genetic traits are favored over another set of genetic traits in the same species

Answers

Answer:

a) One species migrates to a different geographical location than another species.

Explanation:

Taxonomy can be defined as the process of naming, classification and description of living organisms such as plants and animals. The eight (8) biological classification (taxonomy) used for grouping and organizing organisms are; kingdom, domain, phylum, family, order, class, species and genus.

Hence, taxonomy helps scientist to have a good understanding and knowledge when studying various organisms.

In taxonomy, species refers to the basic unit of naming that includes members such as mammals and reptiles with the ability to reproduce with each other to birth new offsprings and exchange genetic informations. Some examples of species include Homosapiens, Vulpes, Elephas maximus, Pinus banksiana, Alces laces, Ursus americans, Canis lupus, etc.

Speciation is considered to have occurred in a species population once one species migrates to a different geographical location than another species.

Les Stoker, a broker who practices nonexclusive single agency, has a client who is determined to buy one of Stoker's in-house listings. Stoker explained the situation to the client, who agreed to go ahead with the transaction as an unrepresented customer. At lunch, the buyer talked with Stoker about the challenges his family business was having and his wife's upcoming legal case. This information indicated to Stoker that the customer was in a weaker negotiating position than he thought. Because Stoker obtained this information after terminating the agency with the buyer, can he share it with the seller

Answers

Answer: No.

Explanation:

Even though Stoker obtained this information after terminating the agency with the buyer, he cannot share it with the seller as in this case, it seems that the full effect of the changed relationship isn't understood by the buyer-customer.

It's essential for the broker to make sure that certain the former client understands the meaning of the situation at hand.

Noise pollution has been insereted as pollution in the air act in, (a) 1981 (b)1987 (c)1982 (d)2000

Answers

Answer:A

Explanation:Noise though not defined in any statute but it is included as environmental pollutants in Section (a) of the Air Act 1981. After this included noise is recognized as a kind of air pollution and steps are taken to control it efficiently.

All of the following are true of custodial accounts, except: Group of answer choices custodial accounts represent a way parents can indefinitely control children. minors can set up custodial accounts with a parent. minors can set up custodial accounts with an older relative or friend. custodians can withdraw money from a custodial account for the benefit of the minor.

Answers

Answer:

custodial accounts represent a way parents can indefinitely control children

Explanation:

A custodial account is a financial account like the bank account, the trust fund or the brokerage account that could be set up for the beneficiary benefit and it is held by the responsible person who we called as the legal guardian

So as per the given situation, the above statement should be considered as it does not represent the way in which the parents could have the indefinite control with their children

Therefore the same is to be relevant

The incorrect statement related to the custodial accounts is " custodial accounts represent a way parents can indefinitely control children.

What are custodial accounts?

The custodial accounts can be defined as the accounts that are managed by a legal person or a guardian for the benefit of the beneficiary. The person who administer the account has an fiduciary obligation towards the beneficiary.

The minors can set a custodial account with their parents or any of the elder relative or friend. The Guardian can withdraw money from the custodial account for the benefit of the beneficiary or minor.

Therefore the correct option is a.

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Under perpetual inventory system, in addition to making the entry to record a sale, an entity would

Answers

Answer:

record a decrease in inventory and an increase in cost of goods sold for the cost of the merchandise sold.

Explanation:

The perpetual inventory system maintains records of inventory movement and changes at the time of an inventory transaction, purchase, sale, or return using the inventory and cost of goods sold accounts instead of purchases account used under the periodic inventory system.  An inventory purchase increases the value of inventory while a sale reduces it, and adjustments are made for returns.  When goods are purchased or returned by customers, the inventory account is debited.  When goods are returned to suppliers or sold, the account is credited.

If an investor is looking for information about a particular mutual fund, the BEST source of that information will be the (A) fund's accounting documents such as the balance sheet and income statement. (B) fund's prospectus, which contains investment strategy, management style/structure, sales load and fee structure, and more. (C) investment manager of the fund who can provide a specific listing of all investments in the fund at any given point in time during a trading day. (D) SEC, which keeps detailed files and reports on the fund, all of which are available to the public.

Answers

If an investor is looking for information about a particular mutual fund, the best source of that information will be the fund's prospectus, which contains information about investment strategy, management style and structure, sales load and fee structure, and more. Hence, Option B is correct.

What is a mutual fund?

The fund, which is pooled by the company, was raised from many investors. The money will be invested in securities like stocks, bonds, or short-term debt. A portfolio is the combined holdings of all the mutual funds, which are purchased by the investors.

When a person wants to invest in a mutual fund, the easiest way to get information about the mutual fund is from its prospectus. In the prospectus, investment strategy, management style, structure, sales, and many more things are mentioned.

Thus, Option B: the fund's prospectus, which contains investment strategy, management style/structure, sales load and fee structure, and more, is correct.

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The text defines management as "The art of getting things done through the efforts of other people." Put yourself in the shoes of a manager and explain what this definition means in the context of a company operation. You can use the example of any company (large or small) and any good or service.

Answers

Answer: Management comes from the word managing. Managing has to do with handling situations to turn out in a favourable or successful way. In managing situations to turn out well people are being managed, this is to enable the people work towards the goal of the organization

Explanation:

Management comes from the word managing. Managing has to do with handling situations to turn out in a favourable or successful way. In managing situations to turn out well people are being managed, this is to enable the people work towards the goal of the organization. In order words, managers work with people, managers cannot work alone, they must have people they oversee to drive the goal of the organization. An example isa production firm, the workers may not know how they have improved the products and how well they should unless they are told by the manager. The manager controls the situation and bridges the gap between the product or service offered and the customers.

The statement "The art of getting things done through other people" means that, the manager does not do the job alone, their are other people needed to do the job in an organization for effective management.

Some of the basic functions of management includes, planning, organizing, coordinating and commanding. As a manager, one needs to act as a leader, by providing your subordinates the right direction they need to get the work done.

The manager of a business firm for instance, needs to assign task to different workers in the organization so that their is smooth running of the sales process.

Hence, The manager gets the work done through the efforts of others by delegating task, while standing in as a guide so as to get the work done effectively.

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Question 5 :Sharon has been directed to put together a disaster recovery plan based on directives from her company's executive management team. The company's core business is operating an e-commerce website selling winter apparel with 85 percent of its revenue received during the holiday season. If there was a prolonged outage, it would put the company's ability to continue as a financially viable operation in peril. Sharon has been instructed to create a plan that will restore operations in the shortest amount of time possible. Which disaster recovery model should she implement

Answers

Answer:

Hot site

Explanation:

A disaster recovery model or plan

This is simply regarded as different documented procedures and plans ut together simply aim on how to react and handle an emergency or disaster scenario, usually from the operational perspective.

This entails or covers things that should be done before, during and after a disaster. It aim is to reduce or eradicate disruption to business and IT operations and this can be done by keeping downtime of systems to a minimum and preventing important data loss.

Preventative measures

This is simply regarded as any methods, procedures or systems used or put in place that will efficiently reduce drastically the impact of a disaster. It includes also anything that is to be done before an actual disaster that can minimize the overall downtime of the event.

Alternative processing facilities includes

1. Cold site

2. Hot site

Hot Site

This is actually refered to as an off-site location, equipped to take over the company's data processing. The Backup copies of essential data files and programs can be maintained at the location or a nearby data storage facility. In the event of a disaster, the organization's personnel do shipped to the disaster recovery facility to load the backup data onto the standby equipment.

A questionnaire on the negative impact of the coronavirus as one of the socio economic issues of the business

Answers

Answer:

From my understanding,I don't think so

Explanation:

because of the coronavirus from where I'm living those that are selling face mask and hand sanitizer are benefiting more from it than others

20 air conditioning units for use in the international space station operated for 1,000 hours One failed after 200 hours and one after 600 hours

Answers

Answer:

.0153 failure/trip

Explanation:

Calculation to determine the Failure rate (FR)

First step is to calculate the FR(%)

FR(%)=2/20 (100%)

FR(%)=10%

Second step is to calculate the FR(N)

FR(N)= Failure/unit hr=2/[(20*1,000hrs)-(1,000 hrs+200 hrs)]

FR(N)= Failure/unit hr=2/20,000 - 1,200

FR(N)= Failure/unit hr=2/18,800

FR(N)= Failure/unit hr=000106

Now let determine the FR

FR = (.000106)(24hrs )(6 days/trip)

FR = .0153 failure/trip

Therefore the Failure rate (FR) is .0153 failure/trip

An organization that provides services or goods to consumers and needs to make a profit is a Response area.

Answers

Answer:

Business (for profit organization).

Explanation:

A business (for profit organization) can be defined as a type of organization that is created to primarily generate more revenue than its operating costs by providing lawful and legitimate services to customers. By generating more revenue than operating costs, a business (for profit organization) is able to make profit.

Some examples of business (for profit organization) are privately owned establishments such as hospitals, hotels, restaurants, supermarkets, gas stations, etc.

Hence, an organization that is saddled with the responsibility of providing goods or services to consumers at a given price because it needs to make a profit is a business (for profit organization).

provide a term for the statement: "when businesses produce goods and services that consumers do not want"​

Answers

Answer:

Productive or technical inefficiency.

Explanation:

Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;

1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.

In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.

2. Technical or productive inefficiency: it occurs when businesses produce goods and services that consumers do not want.​ This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.

Hence, productive or technical inefficiency is a term for the statement: "when businesses produce goods and services that consumers do not want."​

10. If you are under 18 years you shall not operate a motor vehicle between the hours of ....... and...... unless you are
driving to or from a scheduled event. This curfew remains in effect until you turn 18, regardless of when your
driver's license was issued.
A
1 am to 5 am
B. O 12 pm, 5 am
c. O5 pm, 5 am
D. O 10 pm, 5 am

Answers

Answer:

its a 1 am to 5 am

Explanation:

i took the test

Memphis Company anticipates total sales for April, May, and June of $910,000, $1,010,000, and $1,060,000 respectively. Cash sales are normally 20% of total sales. Of the credit sales, 40% are collected in the same month as the sale, 55% are collected during the first month after the sale, and the remaining 5% are not collected. Compute the amount of cash received from credit sales during the month of June.
A. $925,600.
B. $687,200.
C. $723,600.
D. $995,600.
E. $783,600.

Answers

Answer:

E. $783,600.

Explanation:

The computation of the amount of cash received from credit sales is shown below

Months Credit sales(80%)

April         728000

May       808000

June      848000

Now the amount of cash received is  

= ($848,000 × 0.4) + ($808,000 × 0.55)

= $783,600

"In the summer 2012 the lobster catch in Maine was especially large, but instead of celebrating the fisherman were suffering from a lower total revenue. (Source: New York Times, July 28, 2012) We learn from the article that despite the larger quantity of lobster caught, the total revenue of the fisherman decreased. This fact means that the demand for lobster is"

Answers

Answer:

Inelastic

Explanation:

The inelastic demand means the demand of the product does not vary when there is much change in the price. Let us assume that if the price is increased by 20% so the demand decreased only by 1% so here we can said there is inelastic demand

Also due to increased in the supply, the demand does not increased that much. So if the price is decreased so the demand does not respond due to which the total revenue comes down

So as per the given situation, having the large quantity caught the revenue is decreased so here the demand should be considered inelastic

What is the greatest concern with applying new technologies like the cloud in manufacturing?

theft of intellectual property
obsolete technology
limited storage capacity
global warming

Answers

Answer:

Theft of intellectual property.

Explanation:

Cloud computing is making hardware, software and data available on demand via a network, often the internet. The cloud stands for a network that, with all the computers connected to it, forms a kind of 'cloud of computers', where the end user does not know how many or which computers the software runs on or where those computers exactly stand. In this way, the user no longer needs to be the owner of the hardware and software used and is therefore not responsible for maintenance. The details of the information technology infrastructure are hidden from view and the user has his own virtual infrastructure, scalable in size and possibilities. The cloud is therefore a technique with which scalable online services can be offered. Without the ability to scale, an online service offered does not relate to cloud computing.

f the cross-price elasticity of food and clothing (% change in demand for clothing / % change in the price of food) is -0.7, then the income effect on demand for clothing caused by a price increase of food A. tends to increase the consumption of clothing. B. tends to decrease the consumption of clothing. C. is less than the substitution effect. D. None of the above.

Answers

Answer:

Option "D" is correct.

Explanation:

Given the cross-price elasticity = -0.7

The rise in price of a commodity will decrease the consumption of the same commodity but it will increase the consumption of its substitute commodity. When the price rises for food then the nominal income falls, resulting in the fall in demand for food. Since income elasticity considers the change in actual income. Thus option D is correct.

ABCD Company Limited has been operating for the past 10 years. Due to growth and to increase in their digital marketing, they have decided to create a new position for Digital Marketing Officer. i. State and explain the HR activity that is required by ABCD Company Ltd at this stage?

Answers

Answer:

ABCD Corporation Limited has chosen to hire a fresh Digital Marketing Manager. The HR staff will first establish a job after which the request will be forwarded to the corporation's finance division.  If the finance division approves the plan, the HR section will establish a job post. We'll write the job requirements that's required.

They'll promote the position both physically as well as internet and she'll be asked to apply. The job advertising will include a comprehensive job description as well as a summary of the perfect applicant for the firm. When the firm obtains a sufficient number of applicants, it will begin with a practical exam and discussions.

Under a program called the Emissions Trading​ Scheme, the governments of European Union member nations establish overall targets for greenhouse gas emissions and issue​ __________, or​ permits, authorizing companies to emit certain amounts. In​ theory, an increase in the market clearing price of​ __________ should induce firms to develop methods of​ __________ their emissions of greenhouse gases.
A. allowances; allowances; reducing
B. vouchers; pollution; eliminating
C. allowances; allowances; eliminating
D. vouchers; pollution; reducing

Answers

Answer:

A). allowances; allowances; reducing

Explanation:

According to the Question,

Except for all other option, only option A fit better in the above definition.

The following transactions occurred last year at Jogger Corporation: Issuance of shares of the company's own common stock $ 110,000 Dividends paid to the company's own shareholders $ 3,000 Sale of long-term investment $ 4,000 Interest paid to lenders $ 8,000 Retirement of the company's own bonds payable $ 100,000 Proceeds from sale of the company's used equipment $ 29,000 Purchase of new equipment $ 170,000 Based solely on the above information, the net cash provided by (used in) financing activities for the year on the statement of cash flows would be: Multiple Choice $(138,000) $7,000 $424,000 $(1,000)

Answers

Answer:

b. $7,000

Explanation:

Statement of Cash-flow from Financing activities

Particulars                                                 Amount

Issue common Stock                                $110,000

Dividend paid                                           -$3,000

Retirement of bonds payable                 -$100,000

Net cash flow from financing activities $7,000  

A builder only has a few properties available in a development. He feels that it is no longer necessary to have his onsite sales agent market these properties and decides to list the properties with a local brokerage firm. He wants to reward a particular firm for their past sales of his homes but wants to allow all of the local firms to market these properties. The type of listing that will accomplish this is

Answers

Answer:

An open listing

Explanation:

In real estate an open listing is one in which the owner of a property contracts more than one agent to sell the property. The agent with the winning bid will eventually sell the property.

The opposite of this is the exclusive listing where the property owner only engages one agent to sell the property.

In the given scenario the builder feels that it is no longer necessary to have his onsite sales agent market these properties and decides to list the properties with a local brokerage firm. Thereby allowing all of the local firms to market these properties.

This is an open listing

Which of the statements below is​ TRUE? A. Buying of shares is the selling of ownership in the company. B. A company is said to go​ "private" when it opens up its ownership structure to the general public through the sale of common stock. C. Private companies can go public by choosing to sell stock to attract permanent financing through equity ownership of the company. D. Most companies have the resident expertise to complete an initial public offering​ (IPO), or first public equity issue.

Answers

Answer:

C. Private companies can go public by choosing to sell stock to attract permanent financing through equity ownership of the company.

Explanation:

Private companies could go to the general public by selecting to sale the  stocks in order to attract permanent financing via equity ownership of the company because they can sale the shares easily on the primary market in order to increased the finance also it will be help for raising the firm for the long period as the equity financing is considered for the long term financing

Hence, the option c is correct

Briefly explain the following terms.
Production =
Labour intensive =
& Capital intensive =​

Answers

Explanation:

1.Production is a process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (output). It is the act of creating an output, a good or service which has value and contributes to the utility of individuals.

2 . Labour intensive =The term "labor-intensive" refers to a process or industry that requires a large amount of labor to produce its goods or services.

3.Capital intensive =

The term "capital intensive" refers to business processes or industries that require large amounts of investment to produce a good or service and thus have a high percentage of fixed assets, such as property, plant, and equipment

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