Why is a business firm never in the long run?
Question:
Why is a business firm never in the long run?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
some reasons are Poor Management Ineffective leadership decisionmaking and management practices can ...View the full answer
Answered By
Rukhsar Ansari
I am professional Chartered accountant and hold Master degree in commerce. Number crunching is my favorite thing. I have teaching experience of various subjects both online and offline. I am online tutor on various online platform.
5.00+
4+ Reviews
17+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
1. In the classical model, it is thought that the long-run: A. and short-run aggregate supply curves are both upward sloping. B. aggregate supply curve is vertical and the short-run aggregate supply...
-
To begin with, lets disregard the COVID-19 pandemic and its aftermath on the global economy. Prior to the pandemic, the majority of global economic disruptions over the past decades have been caused...
-
1. Consider the market for local rides (taxis, Uber Lyft, and so on), which is highly competitive. Suppose that the market is initially unregulated, but that the government imposes a binding price...
-
Joel Henry founded JHenryBooks.com at the beginning of August, which sells new and used books online. He is passionate about books, but does not have a lot of accounting experi- ence. Help Joel by...
-
Proof that If F is algebraic over K and every element of F belongs to an intermediate field that is normal over K, then F is normal over K.
-
In 1887, Denver became the first city to establish a united organization to raise funds in order to meet community needs. Other cities adopted the idea, creating organizations that were commonly...
-
Determine the due date and the amount of interest due at maturity on the followingnotes: Date of Note October 1 August 30 May 30 Interest Term of Face Amount $10,500 18,000 Rate Note 60 days 120 days...
-
- For each of the following multiplication tables, determine whether it is the multiplication (I) of a table group; justify your answer and explain which of the a a b b d axioms hold. group C d (I) C...
-
On what basis does a firm decide whether or not to shut down? On what basis does it decide whether or not to go out of business?
-
Why are there no fixed costs in the long run?
-
The following table gives the frequency distribution of times (to the nearest hour) that 90 fans spent waiting in line to buy tickets to a rock concert. Waiting Time (hours) Frequency 0 to 6............
-
A 1.0000x10 -11 m wavelength x-ray photon strikes an atom in an example of Compton scattering. The scattered photon has a wavelength of 1.0301x10 -11 m at an angle of 29 o from the initial direction....
-
4. Operating profit earned by M/s Arora & Sachdeva in 2016-17 was operating incomes were 1,50,000 and non-operating expenses were the amount of net profit earned by the firm. 17,00,000. Its non-...
-
A photoelectron is produced from a bismuth surface (which has a work function of 4.31 eV) at a speed of 0.910c. Relativistic effects should be included . What wavelength of light was used to produce...
-
1- Given that: event C= person taking college classes. Event T = person is under 30 years old. - The probability that the person is taking college classes and is under 30 years old is 0.40 . - the...
-
4- Are these two code snippets different? Why or why not? if (show. funny) { System.out.println("This show is funny"); } else if (show.cartoon) { System.out.println("This is an animated show."); }...
-
Lee Company's records showed the following account balances at December 31, 2007: Prepaid expense .............................................$70000 Selling expenses...
-
Classify each of the following as direct costs or indirect costs of operating the Pediatrics ward for children at the Cleveland Clinic: a. Wi-Fi covering the entire hospital campus b. Net cost of...
-
The city government is considering two tax proposals: A lump-sum tax of $300 o each producer of hamburgers. A tax of $1 per burger, paid by producers of hamburgers. a. Which of the following...
-
Consider the following table of long-run total costs for three different firms: Does each of these firms experience economies of scale or diseconomies ofscale? Quantity 1 3 456 7 Firm A $60 $70 $80...
-
Draw the cost curves for a typical firm. For a given price, explain how the firm chooses the level of output that maximizes profit. At that level of output, show on your graph the firms total revenue...
-
QUESTION 1 On Jan 1, 2019 Pip's Puppy Company acquires a 70% interest in Suzy's Suitcase company for $560,000 cash. The Parent uses the Cost Method. On that date Pip had the following balances:...
-
Miramar Industries manufactures two products: A and B. The manufacturing operation involves three overhead activities-production setup, material handling, and general factory activities. Miramar uses...
-
Stangol Company uses process costing to account for the production of highlighter pens. All direct materials are added at the beginning of the process, and conversion costs are incurred uniformly...
Study smarter with the SolutionInn App