g Long-run competitive equilibrium in an industry implies that no firm: Multiple Choice has an incentive to enter or exit the industry. is earning a normal profit. is earning accounting profits. is producing at the output level where price equals long-run average total cost.

Answers

Answer 1

Answer:

has an incentive to enter or exit the industry.

Explanation:

In a Long-run competitive equilibrium in an industry, no firm is earning abnormal profits but firms are earning normal profit or accounting profit. Also, there are no incentives to enter the industry as abnormal profits aren't earned in the industry. there are no incentives to leave because firms are earning normal profit


Related Questions

Suppose you repay a $100 loan from City National Bank (CNB) by writing a check from your CNB checking account. Use the T accounts to show the effects of this transaction on you and the CNB. How much has your wealth changed as a result of this transaction

Answers

Answer:

T accounts shows additions & subtractions (debit & credits) to the account, in individual accounts resembling 'T' shape.

Explanation:

Repaying Loan from CNB by CNB check account :

Loan is a liability, its increase balance is credit. So, paying off loan decreases the loan, hence Loan T a/c is Debited

Bank Balance is an asset, its increase is debit. So, paying off loan by bank checking account decreases bank balance, hence Bank ac is Credited

$35.50 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate of 5.50% per year. The required rate of return on the stock, rs, is 9.00%. What is the stock's expected price 3 years from today

Answers

Answer:

$41.69

Explanation:

Calculation for stock's expected price 3 years from today

Using this formula

P3 = P0(1 + g)^Years in the future

Where,

Stock price=P0=$35.50

Growth rate=g=5.50%

Years in the future=3

Let plug in the formula

P3 = $35.50(1 +0.055 )^3

P3=$35.50(1.055)^3

P3 =$35.50(1.174241375)

P3=$41.69

Therefore stock's expected price 3 years from today will be $41.69

Revenues Low (0.30) Medium (0.50) High (0.20) A 120,000 255,000 390,000 B 130,000 295,000 460,000 C 100,000 300,000 480,000 What is the best decision if you prefer the mini-max regret approach

Answers

Answer:

B

Explanation:

The computation is shown below:

Decision     S1         S2           S3

A             10000  45000   90000

                  (120,000 - 130,000) (295,000 - 255,000)  (480,000 - 390,000)

B                   0          5000     20000

C                30000       0              0

Based on the above table, the minimum value is for the decision B

So, the best decision should be taken for B only

A company's postretirement health care benefit plan had an APBO of $220,000 on January 1, 2021. During 2021, retiree benefits paid were $35,500. The discount rate for the plan for this year was 10%. Service cost for 2021 was $75,500. Plan assets (fair value) increased during the year by $37,800. The amount of the APBO at December 31, 2021, was:

Answers

Answer:

$282,000

Explanation:

APBO means Accumulated post retirement benefit obligation

Computation of amount of the APBO at December 31, 2021

APBO at the beginning  $220,000

Add: Service cost            $75,500

Add: Interest cost            $22,000 (220,000*10%)

Less: Benefit paid            $35,500

APBO at December 31    $282,000

A company's ___ is the coordinated series or sequence of functional activites necessary to transform inputs into the finished goods or services that customers value and want to buy.

Answers

Answer:

Value chain

Explanation:

The value chain refes to a concept in which it adds the values to the company and on the other hand is the sequencing series where the activities are carried out to transform the raw material into the finished goods that created some value for the customer so that they can able to buy the company goods

Therefore in the given case, the value chain is the answer

Rising relative strength indicates a. lack of investor conviction b. the security is performing better than the market or entity being compared c. the market is performing better than the security d. positive price momentum e. both b and d

Answers

Answer:

b. the security is performing better than the market or entity being compared

Explanation:

In the case when the relative strength is rising so that means the stock maintain its present price i.e. better as compared with the general market

In the given situation, the option B is correct as it mentioned that the security which is performed is better as compared with the market or entity.

Therefore option B is correct

And, all the other options are wrong

What is the major accounting difference between interest incurred during a period and cash dividends declared during the same period

Answers

Answer: b. Interest reduces net income while dividends declared do not affect net income

Explanation:

The interest incurred during a period is deducted from the Net Income before tax is calculated as it is a tax deductible expense to the business.

Dividends on the other hand are not paid from the Net income and so do not affect it. They are rather paid from the Retained earnings which a company is only able to derive after the Net Income has been calculated.

Read the following training evaluation problem, then carefully answer the questions that follow. Before beginning, you should be familiar with Kirkpatrick’s (1976) four levels of criteria for evaluating training programs:

Walstart" has recently designed a training program for their employees on crime prevention. Employees will attend a two-hour workshop designed to train them to watch for shoplifters. They will also be taught procedures that should be used when identifying a potential shoplifter. This workshop primarily includes videos of Walstart’s policies, conducted in large rooms that can accommodate up to 150 trainees at a time. You are called in to help Walstart evaluate the effectiveness of their training program.

Required:
You first ask Walstart whether they conducted an organizational needs assessment with respect to designing this training. What factors might be particularly important for you to know with respect to this type of needs assessment?

Answers

Answer:

The variables that would need to be weighed for this kind of evaluation of need will be given below.

Explanation:

Reaction: The trainees could believe that the experience has been beneficial for them anyway. This assessed some basic questions via asking the trainees, such as-did you enjoy the training? Is it going to be useful here for some on-job role? Was it possible to comprehend the vocabulary used?Learning: Evaluate the performance including its trainees by basic tests to see if the teaching needs have indeed been fulfilled. Behavior: The next step would be to see how the workers put the studying into effect to be used on the job. The procedures learned to be themselves for capturing or picking a shoplifter could now be successfully applied by the educated workers to work.Results: The assumption as well as perception including its training results will now be measured throughout this phase and therefore any shortcomings need to be reviewed and addressed during the next module for something like a successful training result.

If the securities market is efficient, an investor need only throw darts at the stock pages to pick securities and be just as well off as they would be with a professionally-developed portfolio. This statement is:

Answers

Answer: This statement is false.

Explanation:

An efficient security market simply means a market whereby the prices of the securities that are available rovides the investors with the necessary information and all available information.

The statement given in the question isn't true. This is due to the fact that a desirable combination of risk return may not be held by such investors which could bring about loss to the investor.

Calculate the present value for the following assuming that the money can be invested at 12% percent. (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.)

Answers

Answer and Explanation:

The computation of the present value in the following cases are as follows

As we know that

A = P × (1 + interest)^number of years

a) P = $50,000

b) $75,000 = P × (1.12)^6

P = $37,998

c) P = $12,000 ×  [ 1 ÷ 1.12 + 1 ÷ 1.12^2 + 1 ÷ 1.12^3 + 1 ÷ 1.12^4 + 1 ÷ 1.12^5 + 1 ÷ 1.12^6 ]

= $12,000 × [ 1 ÷ 1.12] [1- (1 ÷ 1.12)^6] / (1 - 1 ÷ 1.12)

= $12000 × [0.893] [0.493] ÷ 0.107

= $12,000 × 4.111

= $49,332

Option A would be chosen

To get rid of a bad habit, it takes a minimum of 21 days? True or False​

Answers

It is true that it takes a minimum of 21 days to get rid of a bad habit.

A company reported the following amounts and balances: Beginning capital balance $45,000, Net Sales $420,000, Cost of Goods Sold $273,000, Total Expenses $112,000, Net Income $35,000, Ending Cash Balance $22,000, Withdrawals $7,200, Ending Accounts Receivable $27,000. What is the Ending Capital Balance

Answers

Answer:Ending Capital Balance=  $72,800

Explanation:

Ending Capital Balance  is is the amount left in an account whether , positive or negative, at the end of an accounting period and calculated as Beginning Capital Balance+Net Income-Withdrawals

Particulars                                      Amount

Beginning Capital Balance             $45,000

Add:

Net Income                                      $35,000

deduct:

Withdrawals                                       $7,200

Ending Capital Balance                    $72,800

A company paid its annual dividends of $4.40 per share last week. The company expects to grow its dividends at the rate of 5.0 percent per year for four years, after which the dividends are expected to remain constant at the level of $5.68 per share per year in perpetuity. If investors require a rate of return of 11.5 percent on this company's stock, what should be the price of one share of this stock today

Answers

Answer:

$47

Explanation:

Calculation for what should be the price of one share of this stock today

First step is to calculate Year 1 dividend

Year 1 dividend = 4.4 (1 + 5%)

Year 1 dividend= 4.62

Second step is to calculate Year 2 dividend

Year 2 dividend = 4.62 (1 + 5%)

Year 2 dividend= 4.851

Third step is to calculate Year 3 dividend

Year 3 dividend = 4.851 (1 + 5%)

Year 3 dividend= 5.09355

Fourth step is to calculate Year 4 dividend

Year 4 dividend = 5.09355(1 + 5%)

Year 4 dividend= 5.34823

Now let calculate the year 4 value using this formula

Year 4 value = Year 5 dividend / Required rate - Growth rate

Let plug in the formula

Year 4 value = 5.68 / 0.115

Year 4 value=49.3913

Last step is to calculate the Present value using this formula

Present value = Future value / (1 + rate)^time

Let plug in the formula

Price today = 4.62 / (1 + 0.115)^1 + 4.851 / (1 + 0.115)^2 + 5.09355 / (1 + 0.115)^3 + 5.34823 / (1 + 0.115)^4 + 49.3913 / (1 + 0.115)^4

Price today = $47

Therefore what should be the price of one share of this stock today will be $47

Which of the following is a decision an Italian restaurant owner makes only in the long
run?

Answers

Answer:

B - The decision to stay in business

options for this question obtained through online search

A - The decision to hire an additional cook

B - The decision to stay in business

C - Whether to open on Sundays or not

D - The decision to increase prices in response to an increase in the price of cheese

Explanation:

The long-run refers to a period beyond the current financial year. Long-run decisions are futuristic in nature. In the long run, all costs and the factors of production are variable. A business has time to adapt to changes in technology and react to customer preferences.

The long-run period contrasts with the short-run. Short-run is about the current financial year. Short-run decisions have an immediate impact.  The decision to hire an additional cook,  whether to open on Sundays or not, and the decision to increase prices in response to an increase in the price of cheese will affect the current financial period. Staying in business is a decision that will impact the current and future periods.

If the actual demand for the months of January, February and March are 10, 11 and 15 units respectively; the forecast for April using 3-period weighted moving average technique is (weights are 0.2, 0.3, 0.5) Group of answer choices

Answers

Answer: 12.8 units

Explanation:

Using the weighted moving average technique means using calculating a weighted average of the demands for the past 3 months using their weights and demand.

April forecast = (January sales * January weight) + (February sales * February weight) + (March sales * March weight)

= (10 * 0.2) + (11 * 0.3) + (15 * 0.5)

= 2 + 3.3 + 7.5

= 12.8 units

All else equal, which of the following bond has the lowest market price? Select one: a. A bond with a 7% coupon. b. A bond with a 6% coupon. c. A bond with a 5% coupon. d. A bond with a 9% coupon. e. A bond with a 10% coupon.

Answers

Answer:

b. A bond with a 6% coupon.

Explanation:

All else equal, the bond with the lowest coupon payment (in this case, the bond with a 6% coupon) is the bond that will have the lowest price, simply because the coupon represents the periodic interest that the bondholder will get, and in general terms, the less interests a bond pays, the cheaper its price.

Besides, a lower coupon rate is more likely to be lower than the prevailing interest rate in the market, which is one of the most important factors when determining the price of a coupon.

Answer: c) A bond with a 5% coupon.

Explanation: All else equal, the bond with the lowest coupon rate has the lowest market price, whereas the bond with the highest coupon rate has the highest market price. As a result, a bond with a 5% coupon has a lower market price than a bond with a 6% coupon, which has a lower market price than a bond with a 7% coupon, and so on.

A bond with a 9% coupon has a higher market price than a bond with a 7% coupon, which has a higher market price than a bond with a 6% coupon, and so on. Furthermore, a bond with a higher coupon rate is less vulnerable to interest rate fluctuations because its coupon payments are larger.

As a result, high-coupon bonds have less interest rate danger than low-coupon bonds. As a result, in general, bond prices and yields move in the opposite direction.

To know more about coupon rate refer here :

https://brainly.com/question/16913107#

#SPJ11

All of the following factors drive compensatory versus non-compensatory decision making EXCEPT: * 57 points a. the total price of the items. b. the importance of the various attributes to the consumer. c. resource availability. d. the size of the choice set.

Answers

Answer:

a. the total price of the items.

Explanation:

In compensatory decision making consumer does not consider the price of the item. The Consumer evaluates the characteristics of the item. Consumer compares the good and bad characteristics of the item. He/She compensates for the price and bad characteristics of the product in Compensatory decision making.

Whereas in non-compensatory decision making the price of the product is considered.

Assume the Mirtha Company had the following balances at year-end. Assume the company recorded no write-offs or recoveries during 2015. What was the amount of bad debt expense reported in 2015

Answers

Answer:

The answer is "$ 14,500".

Explanation:

please find the complete question in the attached file:

calculating the bad debt spending reported in 2015:

[tex]\to \$ \ 80,000 - \$ \ 65,500\\\\ \to \$ \ 14,500[/tex]

What are two examples of "non-store" retailing?

Answers

Amazon is one example

Answer:

vending machine

Explanation:

On its 2010 balance sheet, Lowell Co, reports treasury stock at cost of $1,000 million. The company has a total of 1,000,000,000 shares issued and 900,000,000 shares outstanding. What average price did Lowell Co. pay for treasury shares

Answers

Answer:

$10

Explanation:

The average price paid for a treasury stock is computed using the formula below:

Average price of treasury stock=balance of treasury stock/number of shares repurchased

balance of treasury stock=$1,000 million=$1,000,000,000

number of shares repurchased =number of shares issued- number of shares outstanding

number of shares issued=1,000,000,000 shares

number of shares outstanding=900,000,000 shares

number of shares repurchased =1,000,000,000-900,000,000= 100,000,000

Average price of treasury stock= $1,000,000,000/100,000,000=$10

I F Passed Company (IFPC) purchased a new van on January 1, 2019. The van cost $40,000 with an estimated life of 5 years and $10,000 salvage value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the balance in the accumulated depreciation for 2020

Answers

Answer:

Accumulated depreciation= $19,200

Explanation:

Giving the following information:

The van cost $40,000 with an estimated life of 5 years and $10,000 salvage value at the end of its useful life.

To calculate the depreciation expense for each year, we need to use the following formula:

Annual depreciation= 2*[(book value)/estimated life (years)]

2019:

Annual depreciation= 2*[(40,000 - 10,000)/5]= 12,000

2020:

Annual depreciation= 2*[(30,000 - 12,000)/5]= 7,200

Accumulated depreciation= 12,000 + 7,200= $19,200

A US importer will purchase 500 Italian sport cars on each of the following dates: the 15th of FEB, APR, JUL and OCT of 2014. The price per car is fixed at EUR40,000/car. 3.1 What is the risk born by the US importer

Answers

Answer:

Foreign exchange risk

Explanation:

Foreign exchange risk is associated with currency fluctuations. When foreign currencies fluctuate, the accounts receivables or payables will vary. Sometimes these variations are positive for your business and a gain might result, e.g. the price of euros decreases and you need less dollars to pay your debt. But other times, variations might result in negative consequences for your business. E.g. the price of euros increases, meaning that you will need more dollars to pay your debt.

You have been told that, in this hot weather, lemonade is selling for $5.50 a unit. Use the spreadsheet to determine: g

Answers

Answer:

The revenue will be $5.50 per lemonade the cost will be $4.25 per lemonade the profit is $1.25 per lemonade.

Explanation:

Spreadsheet application is used for solving complex equation. To determine the profit per lemonade we will enter the selling price and the cost of lemonade in the cells of the spreadsheet. The gross profit calculations will be arrived when we enter the formula in the bar above the home tab.

During recessionary periods: a outlays decrease and tax revenue increases. b outlays and tax revenue stay the same. c outlays decrease and tax revenue falls. d outlays increase and tax revenue falls. e outlays increase and tax revenue increases.

Answers

Answer:

D

Explanation:

A recession is when the GDP of an economy for two consecutive quarters is negative.

In a recessionary period, income falls and as a result tax falls. this makes tax is an automatic stabilizer.

The government would also increase spending in order to stimulate the economy

Brian and Clara paid $4,350 in foreign income taxes to Mexico. Their total income was $105,000, which included $16,000 of foreign income. Their U.S. tax liability is $22,750. How much can Brian and Clara claim as foreign tax credit

Answers

Answer:

$3,467

Explanation:

Calculation for How much can Brian and Clara claim as foreign tax credit

Using this formula

Foreign tax credit=(Foreign income/Total income)×U.S. tax liability

Let plug in the formula

Foreign tax credit=($16,000/$105,000) x $22,750

Foreign tax credit=0.15238095×$22,750

Foreign tax credit= $3,467

Therefore the amount that Brian and Clara can claim as foreign tax credit will be $3,467

Sheridan Company received cash of $33300 on September 1, 2020 for one year’s rent in advance and recorded the transaction with a credit to Unearned Rent Revenue. The December 31, 2020 adjusting entry is

Answers

Answer and Explanation:

The adjusting journal entry is shown below:

Unearned Rent revenue ($33,300 ÷ 12 × 4 months)  $11,100

        To Rent Revenue $11,100

(Being the unearned rent revenue is recorded)

here we debited the unearned rent revenue as it decreased the liability at the same time it increase the rent revenue as it revenue contains normal credit balance

30 points, please help

Answers

Answer: You didn’t post a picture can you please post it so I can answer it?

Explanation: I’ll help you but add a picture.

Answer:

Explanation:

? There’s no picture, :(

Prices of zero-coupon bonds reveal the following pattern of forward rates: Year Forward Rate 1 6 % 2 8 3 9 In addition to the zero-coupon bond, investors also may purchase a 3-year bond making annual payments of $50 with par value $1,000. a. What is the price of the coupon bond?

Answers

Answer:

$900.83

Explanation:

the price of the zero coupon bonds are:

maturity              price

1                          $943.40

2                         $857.34

3                         $772.18

the price of the coupon bond:

(coupon x price of 1 year bond) + (coupon x price of 2 year bond) + [(maturity value + coupon) x price of 3 year bond] = ($50 x 0.9434) + ($50 x 0.85734) + ($1,050 x 0.77218) = $900.83

You've found that few employees take advantage of free tests and screenings, including cholesterol tests. You don't have any hard numbers, but you estimate at least half of employees haven't had cholesterol tests during the past few years. You also know that many employees are nervous about getting this simple test because they think they don't want to confront the possibility of having high cholesterol. Which of the following statements is most likely to persuade employees to go to the fair and take the test?
A) • High cholesterol increases your risk of heart attack. At the benefits fair, you can receive free cholesterol tests. Our friendly nurses will discreetly provide the results, and if needed, explain the steps you can take to improve your cholesterol levels.
B) Are you scared to do a cholesterol test? Don't let this fear stop you from understanding your health situation. At the benefits fair, we are offering free cholesterol tests. Our nurses can give you immediate feedback about steps to take to reduce your cholesterol count.
C) Are you scared to do a cholesterol test? Most of us are, but it's certainly in your best interest to know where you stand. At the benefits fair, you can receive free cholesterol tests. Our friendly nurses will discreetly provide the results and, if needed, explain the steps you can take to improve your cholesterol levels.
D) Are you scared to do a cholesterol test? Don't risk a heart attack at the risk of your own pride or indifference. Now is the time to act. At the benefits fair, we are offering free cholesterol tests. Our nurses can give you immediate feedback about steps to take to reduce your cholesterol count.

Answers

Answer: C

Explanation:

In full truth, the rest either seem pushy, advertising, or non empathetic. Option C does not enduse fear or accuse the person of ignorance to their scared issues, it shares with empathy why they should continue for a screening.

Bermuda Cruises issues only common stock and coupon bonds. The firm has a debt–equity ratio of .77. The cost of equity is 11.7 percent and the pretax cost of debt is 6.7 percent. What is the capital structure weight of the firm's equity if the firm's tax rate is 35 percent?

Answers

Answer:

56.50%

Explanation:

Calculation for the capital structure weight of the firm's equity

Using this formula

Capital structure weight of the firm's equity =

1/(1+Debt equity ratio)

Let plug in the formula

Capital structure weight of the firm's equity =

1/(1+0.77)

Capital structure weight of the firm's equity = 1/1.77

Capital structure weight of the firm's equity = 0.5650*100

Capital structure weight of the firm's equity = 56.50%

Therefore Capital structure weight of the firm's equity will be 56.50%

Other Questions
2. Suppose you are a producer of asphalt located in China. Petroleum is one of the major inputs for asphalt. Your company must import petroleum which is sold in a world market and priced in U.S. dollars. How are the profits of your company affected when the yuan appreciates against the dollar what is 23.54 kg x 9.8 m/s2 Which of the following is not true about Dna Replication. Pls answer will mark brainliest. PLEASE HELP 25 POINTS AND BRAINLIEST What is the standard form of the equation of the circle in the graph Rewrite the following equation from point-slope form to slope-intercept form:y - 2 = 1/2(x 6). dose anyone need homework help A car is traveling at a constant speed.It travels 3 1/2 miles in 5 1/4 minutes. How many minutes will it take the car to travel 70 miles 1. Make sure the inputs are set to df = 20 and p-value of 0.05 (critical value for t will adjust automatically). Now reduce degrees of freedom to 15, then to 10, and then to 5. What happens to the critical value for t? When an unknown amount of methane reacts with 40.7 g of chlorine, 40.5 g of methyl chloride and 36.5 g of hydrogen chloride form how much methane was used round to the tenth Can you find the rate of change. X = 2, 6, 8 Y = 3, 7, 9 Read the following poem and answer the question below: EnsenadaUn pueblo de MxicoMuy cerca de CaliforniaCon playas azules y montaas verdesSol y buen tiempoCanciones de mariachiTacos y enchiladasFamilias muy simpticasTodo est en el pueblo de Ensenada!Dnde est Ensenada? (1 point)Select one:a. cerca de Chileb. lejos de Californiac. cerca de Californiad. cerca de la Argentina Can someone please help me???Sample ProblemA) Calculate the surface area. surface area of cube = number of faces area of one face surface area of cube = 6(2 cm 2 cm) surface area of cube = 24 cm 2B) Calculate the volume. volume of cube = side side side volume of cube = 2 cm 2 cm 2 cm volume of cube = 8 cm 3C) Calculate the surface area-to-volume ratio. A ratio is a comparison between numbers. It can be written by placing a colon between the numbers being compared.surface area : volume = 24 cm 2: 8 cm 3surface area : volume = 3 cm 2: 1 cm 3Calculate: What is the surface area-to-volume ratio of a cube whose sides are 3 cm long?A Calculate the surface area.B Calculate the volume.C Calculate the surface area-to-volume ratio*The Surface Area is 6(3cm x 3cm) Please help me i'll give you a brainlist! if you get it right! Reggie ordered 30 cupcakes and a layer cake cost $15, and the total cost of the order was $45. What was the price of each cupcake Cite at least three evidence to support the conclusion that monks and nuns served as a vital role during the Middle Ages You are considering the following three mutually exclusive projects. The required rate of return for all three projects is 14%. Year A B C 0 $ (1,000) $(5,000) $(50,000) 1 $ 300 $ 1,700 $ 0 2 $300 $ 1,700 $15,000 3 $ 600 $1,700 $ 28,500 4 $300 $1,700 $ 33,000 What is the IRR of the best project What is better: Legend Of Zelda or Pokemonand Rate the drawing from 1 Star-5 Star What is atmospheric perspective Imagine that you heat a pot of water to a boil (212F), then you turn off the stove and let the water sit there. The room is at room temperature (72F) What temperature do you predict the water cool to after sitting for 8 hours? (