Suppose a firm is producing in the long run. When it produces 2,000 units of output, its total cost is $8,000. When it produces 2,100 units of output, its total cost is $8,600, and when it produces 2,200 units of output, its total cost is $9,200. This firm is experiencing returns to scale. multiple choice increasing then decreasing increasing decreasing constant Incorrect decreasing then increasing

At which level will a manager use analytics to make decisions? operational level managerial level strategic level all of the above

Calculate riverside’s financial ratios for 2014. assume that riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2014. (hint: use the book discussion to identify the applicable ratios.)

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.