A firms percentage of total cost that is made up of purchased goods/services (and is therefore...
A firms percentage of total cost that is made up of purchased goods/services (and is therefore targeted by the Purchasing Debt.) is generally between
A. 50-70%
B. 90-100%
C. 0-10%
D. 10-20%
Homework Answers
A. 50-70%
The cost of goods or services that an organization incurs is the majority of the cost in the process other than the ordering and carrying or holding cost of inventory.
Add Answer to:
A firms percentage of total cost that is made up of purchased
goods/services (and is therefore...
The tendency for variation in demand at the end customer to become amplified as you move...
The tendency for variation in demand at the end customer to become amplified as you move back up the supply chain is called The Bullwhip Effect Random Variation effect Отсо O VMI A firm's percentage of total cost that is made up of purchased goods/services (and is therefore targeted by the Purchasing Dept) is generally between 0-10% 10-20% 90-100% 50-70% For a given product demand, the time series trend forecast equation is D=53-4x, where x is! the number of the...
12) 12) In the circular flow model, A) firms are sellers of goods and services in...
12) 12) In the circular flow model, A) firms are sellers of goods and services in goods markets. B) households are buyers of goods and services in the factor markets C) households are sellers of factor services in goods markets. D) firms are sellers of the factors in factor markets. B) firms are buyers of goods and services in final markets 13) 13) Which one of the following is an income flow from firms to households? A) goods and services...
1) Suppose a perfectly competitive (price-taking) market is made up of 100 identical firms. Each firm...
1) Suppose a perfectly competitive (price-taking) market is made up of 100 identical firms. Each firm individually has the following costs: Quantity 0 1 2 3 4 5 6 Total Cost 10 16 20 27 36 46 58 Also assume the market demand curve is: Q Demanded 600 500 400 300 200 100 0 Price 4 7 9 10 12 15 20 What is the equilibrium price in this market? Group of answer choices a $12 b $9...
an economy is made up of a large number of identical firms producing identical products with...
an economy is made up of a large number of identical firms producing identical products with same cost curves. The firms all make the same positive accounting profits. therefore their economic profits must be a)positive b)negative c)Zero d) cant say for sure
Use the following table to answer questions 10 – 13: # Units Produced Total Revenue Total...
Use the following table to answer questions 10 – 13: # Units Produced Total Revenue Total Costs 0 0 0 1 100 50 2 180 110 3 250 180 4 290 270 5 310 380 10. What is the marginal revenue of producing the 2nd unit? a) 50. b) 70. c) 90. d) 80. 11. What is the marginal cost of producing the 4th unit? a) 270. b) 110. c) 50. d) 90. 12. At what level of output does...
What identical and faces the marginal cost (MC), average total cost (ATC), and average variable cost...
What identical and faces the marginal cost (MC), average total cost (ATC), and average variable cost (AVC) curves shown on the following graph. 100 30,90 90 80 70 60 COSTS (Dollars per pound) 50 ATC 20 AVC 10 0 5 45 50 10 15 20 25 30 35 40 QUANTITY (Thousands of pounds) Use the orange points (square symbol) to plot the initial short-run industry supply curve when there are 20 firms in the market. (Hint: You can disregard the...
1. Consider the following hypothetical example Output Price P Total Fixed Cost TFC Total Cost TC...
1. Consider the following hypothetical example Output Price P Total Fixed Cost TFC Total Cost TC Total Variable Cost TVC Average Total Cost ATC Marginal Cost MC 0 100 100 90 1 2 130 158 80 3 183 70 60 4 5 6 7 50 40 30 208 253 308 368 8 20 468 A. Complete the missing figures B. Plot ATC C. Plot AVC D. Plot MC
States. Use the graphical analysis of "present goods" versus "future goods" to explain the difference between...
States. Use the graphical analysis of "present goods" versus "future goods" to explain the difference between China's growth rate and the U.S. growth rate. Households in China save 40 percent of their annual incomes each year, whereas U.S. households bilities are growing at roughly 9 percent per year in China but only about 3.5 percent in the United Production Possibilities (China) Production Possibilities (United States) 100 100 PPC go ppc 70 60 ppc 50 PPC, 70 50 F 40 40...
Quantity Total Cost Marginal Cost Average Total Cost Average Variable Cost 0 1,000 - - -...
Quantity Total Cost Marginal Cost Average Total Cost Average Variable Cost 0 1,000 - - - 10 1,600 60 160 60 20 2,100 50 105 55 30 2,500 40 83.33 50 40 2,800 30 70 45 50 3,200 40 64 44 60 3,700 50 61.67 45 70 4,300 60 61.43 47.14 80 5,000 70 62.50 50 90 5,800 80 62.44 53.33 Consider the above costs of a purely competitive firm. Calculate this firm's profit maximizing quantity and profit (or loss)...
Consider the following table of long-run total cost for three different firms:
Consider the following table of long-run total cost for three different firms: Output (hypothetical units)1234567Firm "A" TC level$60$70$80$90$100$110$120Firm "B" TC level112439567596119Firm "C"' TC level2134496685106129Does each of these firms experience economies of scale or diseconomies of scale?
The tendency for variation in demand at the end customer to become amplified as you move back up the supply chain is called The Bullwhip Effect Random Variation effect Отсо O VMI A firm's percentage of total cost that is made up of purchased goods/services (and is therefore targeted by the Purchasing Dept) is generally between 0-10% 10-20% 90-100% 50-70% For a given product demand, the time series trend forecast equation is D=53-4x, where x is! the number of the...
12) 12) In the circular flow model, A) firms are sellers of goods and services in goods markets. B) households are buyers of goods and services in the factor markets C) households are sellers of factor services in goods markets. D) firms are sellers of the factors in factor markets. B) firms are buyers of goods and services in final markets 13) 13) Which one of the following is an income flow from firms to households? A) goods and services...
What identical and faces the marginal cost (MC), average total cost (ATC), and average variable cost (AVC) curves shown on the following graph. 100 30,90 90 80 70 60 COSTS (Dollars per pound) 50 ATC 20 AVC 10 0 5 45 50 10 15 20 25 30 35 40 QUANTITY (Thousands of pounds) Use the orange points (square symbol) to plot the initial short-run industry supply curve when there are 20 firms in the market. (Hint: You can disregard the...
1. Consider the following hypothetical example Output Price P Total Fixed Cost TFC Total Cost TC Total Variable Cost TVC Average Total Cost ATC Marginal Cost MC 0 100 100 90 1 2 130 158 80 3 183 70 60 4 5 6 7 50 40 30 208 253 308 368 8 20 468 A. Complete the missing figures B. Plot ATC C. Plot AVC D. Plot MC
States. Use the graphical analysis of "present goods" versus "future goods" to explain the difference between China's growth rate and the U.S. growth rate. Households in China save 40 percent of their annual incomes each year, whereas U.S. households bilities are growing at roughly 9 percent per year in China but only about 3.5 percent in the United Production Possibilities (China) Production Possibilities (United States) 100 100 PPC go ppc 70 60 ppc 50 PPC, 70 50 F 40 40...
Most questions answered within 3 hours.
-
What is responsible for Jupiter's enormous magnetic field?
asked 9 minutes ago -
At the end of the year, a company offered to buy 5,000 units of
a product...
asked 10 minutes ago -
Implement C++ program for each of the following.
Let D = [-48, -14, -8, 0, 1,...
asked 30 minutes ago -
Consider a labor market in which LD = 400 – 4W and LS = 250 +...
asked 44 minutes ago -
Let’s say you are teaching a typically-developing young child
how to eat with a spoon. Describe...
asked 28 minutes ago -
Ask Your Teacher A toy gun uses a spring to project a 5.6-g soft
rubber sphere...
asked 39 minutes ago -
*****DO NOT ANSWER THIS QUESTION IF YOU DON'T
KNOW*******
Question - PERSONAL DEVELOPMENT ESSAY and Detailed...
asked 46 minutes ago -
A certain rifle bullet has a mass of 5.25 g. Calculate the de
Broglie wavelength of...
asked 1 hour ago -
Research new software products that assist in project
communication management. Write a paper summarizing your findings,...
asked 1 hour ago -
the figure below to the left shows a beaker completely filled
with water. then a block...
asked 1 hour ago -
what is the duistribution channels of HUL in india and how they
distribute?
how is this...
asked 1 hour ago -
Batteries play an important role in our everyday lives. From
making many devices mobile, to allowing...
asked 1 hour ago