subject
Business, 10.11.2019 06:31 amy7233

Can an isoquant ever slope upward? explain. a. yes. where diminishing returns occur, the isoquant is upward sloping. b. yes. if both inputs are inferior, then the isoquant is upward sloping. c. no. it would imply that adding more of both inputs keeps output constant. d. no. it would imply that adding more of both inputs decreases output.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:30
Assume that all of thurmond company’s sales are credit sales. it has been the practice of thurmond company to provide for uncollectible accounts expense at the rate of one-half of one percent of net credit sales. for the year 20x1 the company had net credit sales of $2,021,000 and the allowance for doubtful accounts account had a credit balance, before adjustments, of $630 as of december 31, 20x1. during 20x2, the following selected transactions occurred: jan. 20 the account of h. scott, a deceased customer who owed $325, was determined to be uncollectible and was therefore written off. mar. 16 informed that a. nettles, a customer, had been declared bankrupt. his account for $898 was written off. apr. 23 the $906 account of j. kenney & sons was written off as uncollectible. aug. 3 wrote off as uncollectible the $750 account of clarke company. oct. 20 wrote off as uncollectible the $1,130 account of g. michael associates. oct. 27 received a check for $325 from the estate of h. scott. this amount had been written off on january 20 of the current year. dec. 20 cater company paid $7,000 of the $7,500 it owed thurmond company. since cater company was going out of business, the $500 balance it still owed was deemed uncollectible and written off. required: prepare journal entries for the december 31, 20x1, and the seven 20x2 transactions on the work sheets provided at the back of this unit. then answer questions 8 and 9 on the answer sheet. t-accounts are also provided for your use in answering these questions. 8. which one of the following entries should have been made on december 31, 20x1?
Answers: 1
question
Business, 22.06.2019 11:30
Which of the following is not an example of one of the four mail advantages of prices on a free market economy
Answers: 1
question
Business, 22.06.2019 16:10
Answer the following questions using the banker’s algorithm: a. illustrate that the system is in a safe state by demonstrating an order in which the processes may complete. b. if a request from process p1 arrives for (1, 1, 0, 0), can the request be granted immediately? c. if a request from process p
Answers: 1
question
Business, 23.06.2019 14:30
Question 3 options: ps.55 four corners is an ibc company that sells delicious navajo tacos in the crossroads food court. part of their success can be attributed to the freshly fried indian bread that is used not only for the tacos, but also for dessert items. as demand grows the fry-bread process is becoming a bottleneck. operations management for the company is looking at two different process options to replace the highly manual process currently being used. option 1 (medium automation) would cost $175 to implement whereas option 2 (high automation) would cost $350. with option 1 the variable cost per fry bread produced would be $0.20. the variable cost for option 2 would be $0.09 per fry bread. at what volume (demand) of fry breads is the cost for the two options the same? (display your answer to two decimal places.)
Answers: 3
You know the right answer?
Can an isoquant ever slope upward? explain. a. yes. where diminishing returns occur, the isoquant i...
Questions
question
Mathematics, 13.09.2020 08:01
question
Mathematics, 13.09.2020 08:01
question
Mathematics, 13.09.2020 08:01
question
Mathematics, 13.09.2020 08:01
question
Mathematics, 13.09.2020 08:01
question
Biology, 13.09.2020 08:01
question
Mathematics, 13.09.2020 08:01
question
Geography, 13.09.2020 08:01
question
Mathematics, 13.09.2020 08:01
question
Mathematics, 13.09.2020 08:01
question
Mathematics, 13.09.2020 08:01
question
Mathematics, 13.09.2020 08:01
question
Mathematics, 13.09.2020 08:01
question
English, 13.09.2020 08:01
question
English, 13.09.2020 08:01
question
Mathematics, 13.09.2020 08:01
question
Mathematics, 13.09.2020 08:01
question
Mathematics, 13.09.2020 08:01
question
Mathematics, 13.09.2020 08:01
question
Mathematics, 13.09.2020 08:01
Questions on the website: 13722367