Where there is any uncertainty as to the outcome, specify the causes of that uncertainty.
a. An increase in the demand for product X.
b. An increase in the price of substitute resource D.
c. An increase in the number of resources substitutable for C in producing X.
d. A technological improvement in the capital equipment with which resource C is combined.
e. A fall in the price of complementary resource E.
f. A decline in the elasticity of demand for product X due to a decline in the competitiveness of product market X.
4. In each of the following four cases, MRPL and MRPC refer to the marginal revenue products of labor and capital, respectively, and PL and PC refer to their prices. Indicate in each case whether the conditions are consistent with maximum profits for the firm. If not, state which resource(s) should be used in larger amounts and which resource(s) should be used in smaller amounts.
a. MRPL = $8; PL = $4; MRPC = $8; PC = $4.
b. MRPL = $10; PL = $12; MRPC = $14; PC = $9.
c. MRPL = $6; PL = $6; MRPC = $12; PC = $12.
d. MRPL = $22; PL = $26; MRPC = $16; PC = $19.
Susan Hurley, Public Accountant, completed these activities during September 2014, the first month of operations: Sept. 1 Began a public accounting practice by investing ...Apr 13 2020
In liquid methanol, , which intermolecular forces are present?(a) Dispersion, hydrogen bonding, and dipole-dipole forces are present.(b) Only dipole-dipole forces are pre...May 23 2021
On July 23, 2008, Luba Mosionzhnik, a 25% shareholder and vice president of the Gallery, was summoned to a meeting by Ezra Chowaiki, a 25% shareholder and president of th...Aug 14 2021
Suppose that 50% of all babies born in a particular hospital are boys. If 6 babies born in the hospital are randomly selected, what is the probability that at least 2 o...Apr 23 2020
Bauer Industries is an automobile manufacturer. Management is currently evaluating a proposal to build a plant that will manufacture lightweight trucks. Bauer plans to us...Apr 14 2020
Megatherium Industries had a generous defined-benefit pension plan for retirees for the last 50 years. Now, because of declines in the stock market, the investments in th...Dec 13 2019
What is the journal entry for: ABC Company used up $200 worth of supplies?Sep 11 2020
Meituan-Dianping and Pinduoduo embody the excitement over digital China Incanus fub cal computin Jul 200 Olese dipil y a une trend of tartape Yet in the systemy i Femme M...Apr 18 2021
Consider the family of generalized tic-tac-toe games, defined as follows. Each particular game is specified by a set S of squares and a collection W of winningpositions. ...Apr 17 2020
In recent years, Avery Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciat...May 21 2020