pandicorn1212 pandicorn1212

03-11-2022
Business

Answered

Daniel has sent you an email expressing some concerns about the future state of his business. Recent events have made him think that the costs of running his business will increase. He has asked you to reply to his email and explain how he can manage his costs in the long run. Use microeconomics terms and concepts, and in your 250- to 300-word response, to address the following scenarios that Daniel has sent you:

1. I see that wages are going up and the price of machines is going down. What should I do in the future? Why?

2. Other people are making more money than me in this industry, even though they have bigger operations. Why are they making more money if they have to pay more workers and buy more equipment?

PLEASE HELP I WILL GIVE BRAINLIEST TO RIGHT ANSWER

Answer :

Other Questions

Caleb is a junior at JA Enterprise High School and plays rugby on the school team. He has a part-time job at a local fast-food restaurant and works 20 hours a w

You plan to open a retail sportswear store. You will hire several employees to help run the store. What types of journals do you need to keep for such a busines

When reading a peer-reviewed journal article, you need to take time and carefully analyze information. It is not an easy task; however, it will become easier wi

Jessi has received a loan to start her new bakery. She wants to make sure that she spends the money wisely, getting all of the machinery, tools, and ingredients

what is different about buying stocks vs. buying bonds? differences of opinion about the future value of a stock vary considerably, but there is more agreement

In the end, businesses that use teams tend to have ______. a. fewer sick leaves b. more profits c. more management d. fewer products please select the best answ

answer jerry is working at the desk of a client in the marketing department of his company. the client thinks that the problem is the video card, because they h

a study in the construction industry found that when equipment is stolen from job sites, workers are the culprits 82% of the time. which type of applicant selec

What is the rate of return when 20 shares of Stock A, purchased for $15/share, are sold for $340? The commission on the sale is $6. Rate of Return = [?] % Give

price ceilings impose costs on society because they: ensure that everybody who wants the good will get it. may result in black markets, where prices are lower t