The decision to make "Special Pricing" decision is made under "Long-Run" planning period (True or False?)
The decision to make "Special Pricing" decision is made under "Long-Run" planning period (True or False?)
Homework Answers
The planning period over which a firm can consider all factors of production as variable is called the long run.
A long run is a time period during which a manufacturer or producer is flexible in its production decisions. Businesses can either expand or reduce production capacity or enter or exit an industry based on expected profits. Firms examining a long run understand that they cannot alter levels of production in order to reach an equilibrium between supply and demand.
Answer of above question---FALSE
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The decision to make "Special Pricing" decision is made under
"Long-Run" planning period (True or False?)
7.)management accounts shiuod inly consider incremental costs when making long-run pricing decisions. True or False 10.)price...
7.)management accounts shiuod inly consider incremental costs when making long-run pricing decisions. True or False 10.)price discrimination is a potential concern that managment should consider when accepting special projects. True or False
3. Strategic behavior refers to decisions made in the long run, but not the short run....
3. Strategic behavior refers to decisions made in the long run, but not the short run. True False. 4. Game theory is concerned with identifying optimal strategies in conflict situations. True. False
Instructions: Choose the best answer (True or False) for record a "T" for True or a...
Instructions: Choose the best answer (True or False) for record a "T" for True or a "F" for False corresponding letters on the line to the lef "A" for True or a "B" for False on the SCANTRON sheet for rows 16 thru 50 21. In incremental analysis, total variable costs will always change under alternative courses of action, and total fixed costs will always remain constant. Decision-making involves choosing among altemative courses of action. 22. 23. A special one-time...
Short-run and long-run average cost curves cannot be U-shaped under constant return to scale. True or...
Short-run and long-run average cost curves cannot be U-shaped under constant return to scale. True or false. Explain your answer intuitively with the help of one graph.
1. True or False: The alternative courses of action in a make-or-buy decision are (a) manufacture...
1. True or False: The alternative courses of action in a make-or-buy decision are (a) manufacture needed items internally or (b) purchase needed items externally. 2. True or False: Only variable costs can be differential. 3. True or False: If there is only one alternative course of action and the status quo is unacceptable. then there really is no decision to make 4. True or False: The theory of constraints focuses on determining the optimal product mix when one or...
You own a restaurant. Which decision is most likely to be made in the long run?...
You own a restaurant. Which decision is most likely to be made in the long run? A. You buy the store next door to your restaurant to expand your dining area. B. You order flour to make more Italian bread. C. You advertise for part-time chefs. D. You order more soft drinks for next week.
true or false?: For Payback period (PBP) the final decision that results from the calculations will...
true or false?: For Payback period (PBP) the final decision that results from the calculations will be equivalent to other accurate methods such as NPW, EUAB, ROR, and B/C
Under which circumstances was the correct statistically decision made? Select all that apply: A: Do not...
Under which circumstances was the correct statistically decision made? Select all that apply: A: Do not reject H0 when H0 is true B: Do not reject H0 when H0 is false C: Reject H0 when H0 is true D: Reject H0 when H0 is false
True or false, managers should except special orders provided the special order price exceeds the product...
True or false, managers should except special orders provided the special order price exceeds the product cost per unit under absorption costing. please explain why it is either true or false
8) Opponents of variable costing argue that in the long run all costs are variable. (4pts)...
8) Opponents of variable costing argue that in the long run all costs are variable. (4pts) True O False 9) Fixed non-manufacturing costs are classified as period costs under variable costing, but not under absorption costing. True False
3. Strategic behavior refers to decisions made in the long run, but not the short run. True False. 4. Game theory is concerned with identifying optimal strategies in conflict situations. True. False
Instructions: Choose the best answer (True or False) for record a "T" for True or a "F" for False corresponding letters on the line to the lef "A" for True or a "B" for False on the SCANTRON sheet for rows 16 thru 50 21. In incremental analysis, total variable costs will always change under alternative courses of action, and total fixed costs will always remain constant. Decision-making involves choosing among altemative courses of action. 22. 23. A special one-time...
You own a restaurant. Which decision is most likely to be made in the long run? A. You buy the store next door to your restaurant to expand your dining area. B. You order flour to make more Italian bread. C. You advertise for part-time chefs. D. You order more soft drinks for next week.
8) Opponents of variable costing argue that in the long run all costs are variable. (4pts) True O False 9) Fixed non-manufacturing costs are classified as period costs under variable costing, but not under absorption costing. True False
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