The correct Statement is The demand curve for a purely competitive firm is perfectly elastic, but the demand curve for a purely competitive industry is downsloping. Thus option 1st is correct.
What is Demand Curve?Demand curve refers to the Graphical presentation of the relationship of the price and the quantity of a particular firm.
Those firms that engages in pure competition, the demand curve is entirely elastic due to the the marginal revenue curve aligns with the firm's equilibrium price since each firm acts as a price taker.
The demand curve for a purely competitive industry is downsloping because as the level of the price increases for the product the demand of the product decreases which implies decreased production.
Thus option 1st is correct.
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Firms are becoming ever more dependent upon electronic communication channels for many reasons, including: virtual employees, growth of project complexity, the global marketplace, and the fact that customers can now come from everywhere. Do you believe that high quality virtual presence (video, audio, shared documents, etc.) is becoming more important? Explain your answer.
Two capitals invested in shares of the stock market add up to $180,000, which
have been placed at 13% and 16% annual simple interest for 3 years and 6 years
respectively. If between the two a total interest of $98,250 was obtained, determine:
What was the amount of capital invested?
The amount invested in the account that earns 13% simple interest is $130,789.47.
The amount invested in the account that earns 16% simple interest is $49,210.53.
What are the linear equations that represent the question?a + b = 180,000 equation 1
0.39a + 0.96b = $98,250 equation 2
Where:
a = amount invested in the account that earns 13% simple interestb = amount invested in the account that earns 16% simple interestHow much was invested in each account?Multiply equation 1 by 0.39
0.39a + 0.39b = 70,200 equation 3
Subtract equation 3 from equation 2
$28,050 = 0.57b
b = $49,210.53
Subtract $49,210.53 from 180,000 : 180,000 - $49,210.53 = $130,789.47
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PLEASE HELP WITH THIS DISCUSSION PLEASE
Today, money comes in many different forms. When you go to purchase something at a store, you pay money in the form of cash, a check, a credit card, or a debit card. Some people even have payment apps on their smart phones.
Now imagine paying for a pizza with seeds ... yes, seeds. What if everything was paid for by using seeds? How would this change the world we live in?
In Holland during the 1600s, tulip bulbs were very valuable. So valuable, in fact, that they were sometimes used as money. Try to imagine a tulip bulb, the seed of a tulip, being worth 4,000 gold pieces. During this time in history, tulip bulbs in Holland were more valuable than some homes. From our modern perspective, this sounds ridiculous. However, it is true.
Identify at least three potential problems with using tulips as a form of currency.
Three potential problems with using tulips (commodity) as a form of currency are Deterioration, Bulkiness, and High opportunity cost due to their inherent value.
What is a commodity as a form of currency?
Commodity money is a physical good with 'intrinsic value.' This implies that the commodity can be used outside of its use as money.
Some historic commodity currencies included:
AlcoholCocoa beansCopper, Gold, SilverSaltSea shellsTeaTobaccoTulips.While commodity money is durable, divisible, easily exchangeable, and rare, they are subject to the following disadvantages:
Deterioration.Bulkiness.Indivisibility.High opportunity cost due to its inherent value.Subject to supply and demand.Thus, three potential problems with using tulips (commodity) as a form of currency are Deterioration, Bulkiness, and High opportunity cost due to their inherent value.
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the roots of the quadratic function describing the relationship between the number of products produced and overall profit margins are x= 0 and 150. the vertex is (75, 10000).
The whole statement is as follows: When there are 75 things in production, a profit of 10000 dollars is obtained, which is the highest possible.
What is the complete statement?Because we already know that the profit equation is defined between x = 0 and x = 150, which are the two roots of the equation, we also know that the profit is equal to zero when
x = 0 and when x = 150.
If this is the case, we may reasonably expect a positive return on investment within this range.
Therefore, the quadratic equation should have a leading coefficient that is negative. This would indicate that the arms of the graph should move in a downward direction.
If this is the case, then we already know that the maximum will be located at the vertex of the triangle.
In this case, we are aware that the vertex is:
(75, 10000)
In this equation, x stands for the total number of products sold, while y indicates the amount of money made.
Since the maximum is at the vertex, and we know that the vertex is located at (75, 10000), we may draw the conclusion that the maximum profit is $10000, and this occurs when the number of things created is 75. This is because the vertex is located at the intersection of the two lines.
Therefore, the whole statement is as follows:
When there are 75 things in production, a profit of 10000 dollars is obtained, which is the highest possible.
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A career is something that you train for and intend to do _______________.
Answer:
I believe the answer would be you intended to do happily and what you want to do with your life.
Explanation:
Which is the best description of authorized shares?
The best description of authorized shares is he total amount of shares that can be publicly traded.
What are shares?Shares are refers as common equity interest in a firm. Dividends from any earnings the business may make are payable to shareholders.
Authorised shares is refers as number of shares legally permitted to offer to investors. It also helps to decide how many of shares are available to issue to investors.
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what is the price of a two year bond with a 9% annual coupon and a yield to maturity of 8%
Based on the period of the bond, the coupon rate, and the yield to maturity, the price of the bond is $1,017.83.
How much does the bond sell for?This can be found as:
= Present value of coupon payments + Present value of par value
Coupon is:
= 9% x 1,000 par value
= $90
Note: When par value is not given, assume it is $1,000.
Price is:
= (90 / (1 + 8%)) + (90 / (1 + 8%)²) + (1,000 / (1 + 8%)²)
= 160.4938 + 857.3388
= $1,017.83
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• Highlight the negative externalities that might occur in the South African Economy, due to the Russian Ukrainian war
Various the negative externalities such as food scarcity , racsism , price hike , etc might occur in the South African Economy, due to the Russian Ukrainian war.
The negative externalities might occur in the South African Economy, due to the Russian Ukrainian war beacuse:
Around 20% of students in Ukraine are African, and they claim to often face racism and prejudice.Through food imports and tourism, African economies are connected to those of Russia and Ukraine.Without proper access to imports of wheat, corn, and oil, food prices and global food insecurity are likely to rise, having a significant impact on North Africa, since Egypt alone buys 70% of its wheat from Russia and Ukraine.The two main categories of how the links between African countries and the eastern European countries at war would affect the continent are the economy and vulnerable citizens, but both categories are intricately intertwined.As humanitarian organizations rely on wheat and cereal grains for famine assistance, areas of Africa that are already on the verge of starvation are also at risk. The Democratic Republic of the Congo, Madagascar, Ethiopia, South Sudan, and Chad are among the nations on the continent that the UN has designated as hunger hotspots because they are in danger of becoming hungry and need access to such aid commodities.Learn more about the Russian Ukrainian war here https://brainly.com/question/26660181
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. Suppose you are given a privilege to choose between Capitalism and Socialism as an economic system to be followed in Ethiopia. Which do you choose? Support your answer with at least five justifications.
The system that would be chosen between Capitalism and socialism is capitalism.
Why Capitalism is chosen over socialismThe people of the nation have the right to make economic choices based on production.The demand and the supply of goods are rested in the hands of the people instead of the government.It allows for private ownership of properties unlike socialism.It encourages the people to be innovative as well as efficient.It provides for growth and freedom in the economy.Read more on capitalism here:
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According to the text, a personal balance sheet is a statement of your net worth. It is an accounting of what you own as well as what you owe. Using the information provided, prepare a personal balance sheet for Jamie Lee.
A personal balance sheet is a statement of the total net worth of an individual for the time being in force. It shows what are the things owned by a person and also the things that one owes to others.
What is a balance sheet?The balance sheet for the year for Jamie Lee will show a balance of $8,350 on both the sides of the balance sheet for the information that is provided above.
Hence, the balance sheet for Jamie Lee is aforementioned. The missing information from the text is added for further reference. Moreover, an additional image of the balance sheet is also attached.
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In the list below, one statement is true and three are false.
When the firm is in financial distress, stockholders have an incentive to take risks. That's because riskier projects have higher NPV than the safer projects.
[ Select ]
The signaling theory says that it would be profit-maximizing for the firms to increase their amount of debt, as long as the tax savings from increasing debt are higher than the potential financial distress costs.
[ Select ]
Under both the pecking order theory and the signaling theory, firms that increase their debt amounts want to send a certain signal to the investors.
[ Select ]
Studies have shown that some firms choose their capital structure in such a way that it brings the most after-tax cash to its investors. For example, if a firm faces a 40% corporate income tax rate, its stockholders face a 25% income tax rate, and its creditors face a 32% income tax rate, then such firm may choose to have more debt (is the underlined part true or false?).
[ Select ]
Answer:
I think this is true and other are false. well just my guess
Explanation:
Studies have shown that some firms choose their capital structure in such a way that it brings the most after-tax cash to its investors. For example, if a firm faces a 40% corporate income tax rate, its stockholders face a 25% income tax rate, and its creditors face a 32% income tax rat
Question 2
The cash flow for projects A, B, C are given below:
Year
Project A
Project B
0
1
2
-100
0
200
-100 100
0
Project C
-100
0
0
3
-100
100
300
(a) Calculate the payback period and net present value for each project (assuming a 10% discount rate).
(b) If A and B are mutually exclusive and C is independent, which project, or combination of projects, is preferred using (1) the payback method or (2) the net present value method? What do the results tell you about the value-additivity properties of the payback method?
Answer:
A
Explanation:
Calculate the payback period and net present value for each project assuming a 10 % discount rate
operates a small grill on the boardwalk in Ocean City from April 1 through September 30 each year. During the busy season, Ranya needs regular deliveries of fresh ingredients that she uses to provide menu items to her customers. Ranya contracted with ABC LLP for the three times-weekly delivery of fresh vegetables including Romaine lettuce, Beefsteak tomatoes, and Vidalia onions (20 pounds of each for each delivery), starting on April 1 and finishing September 28. The contract provided that the service would cost Ranya $1,500 per week, payable on the first delivery each week that was scheduled for Mondays. The first delivery for the season did not arrive until April 2, and the order was missing Romaine lettuce. Ranya contacted ABC and they advised that they would deliver the missing lettuce on the next order that was scheduled for delivery on April 4. That delivery was also late, but this time, Ranya was missing the onions she needed (the ones delivered were spoiled). Expecting the problem to continue, Ranya contacted a different company to supply the vegetables she needed but the weekly cost for the replacement vendor is $2,000.
In 300-400 words, discuss: using UCC § 2-612, whether Ranya can terminate the agreement with ABC and whether ABC might be liable to Ranya for damages as of April 5.
Under Section 2 612 UCC, ABC might be liable to Ranya for damages as of April 5.
What is Section 2 612 UCC?The Section 2 612 UCC is meant to explain the installment contract. When the buyer and the seller enters into the agreement of installment contract of the delivery of goods.
The contract provides the right to the buyer for the reject of the contract for non-conforming installments.
As per the above scenario, Ranya can terminate the contract by not satisfied with the services of the company as the first delivery for the season did not arrived. Thus she can claim for the charges of the non completion of the delivery.
She can claim for late delivery, delivered items spoiled and missing of the items. Therefore, ABC might be liable to Ranya for damages.
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Hakeem wants to diversify his investment portfolio. He wants an asset with
high liquidity, but his research suggests that buying land would help him meet
his diversification goals. Which type of investment is the best option for
Hakeem?
A. A real estate investment trust
B. A dividend stock
C. A Treasury bond
D. Commercial real estate
Answer:
D
Explanation:if he would invest in commercial real estate it would be commercial so he could do anything with it
7. Which of the following is not true about bonds? In all of the statements, assume other things are held constant. Question 8 options: c. For any given maturity, a given percentage point increase in the interest rate causes a smaller dollar capital loss than the capital gain stemming from an identical decrease in the interest rate. d. From a borrower's point of view, interest paid on bonds is tax-deductible. a. Price sensitivity, that is, the change in price due to a given change in the required rate of return, increases as a bond's maturity increases. b. For a given bond of any maturity, a given percentage point increase in the interest rate (rd) causes a larger dollar capital loss than the capital gain stemming from an identical decrease in the interest rate.
Answer:
1.0%percantage point
Explanation:
Determine which business uses a periodic inventory method.
A. Home improvement store
B. A toy store
C. A supermarket
D. Luxury car dealership
Read the “Did United Sacrifice a Customer’s Well-Being to Its Own Needs” example on p. 82 in Ch. 3 of Management: A Practical Introduction. In your response:
Discuss whether you feel that this is how businesses view their customers.
Examine whether an airline’s need to staff or cancel a flight is more important than passengers’ needs to travel to their destinations.
Explain what may happen if an airline makes a poor choice, as in Dr. Dao’s case, that affects its external stakeholders by jeopardizing its stock price.
1. Some of the big organizations look at their customers differently by keeping their needs first and then the needs of the customers.
2. It is the worst situation to cancel the flight than to lose the few customers.
3. Many of the customers have declined travelling in the airlines as because of the viral video.
What is customer?
Customer refers to the person who fulfills is needs and desires through the purchase of the product.
The majority of businesses do not view their clients in this manner, but I believe that some large organizations and corporations do.
The flight cancellation is the worst situation than losing the few customers as it degrades the reputation of the company. Even if all of the demands of the paying customers must come first, the airline generally considers its profitability.
Yes, a significant number of United's regular customers have begun to decline to fly with United any longer as a result of the viral video, which depicts what many people perceive to be abuse.
Thus decline in the customer base led to the drop of the stocks which ultimately resulted negatively affects all shareholders.
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Explain the term "Business Plan" with relevant examples.
ontent of business plan
Kacy is working on an advertising campaign. What is her position
The position of Kacy while working on an advertising campaign is called an Advertising Manager.
What is advertising?Advertising is the task of promoting the products manufactured by a company through ads on various electronic devices.
The Advertising Manager is a professional who works in advertising agencies in the respect of advertising campaigns for their respective clients. They usually collaborate with the sales department in creating and presenting the advertisements and which medium has to be used for adverting those ads.
Therefore, the Adverting manager would describe the designation of Kacy as working for an adverting campaign.
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Managers will invest in human resource management only if human resource practices such as developing staff and communication will result in greater profits
It is a true statement that the Managers will invest in human resource management if its helps in developing staff and helps communication to result in greater profits.
What is a human resource management?This is a section of management the people in a company so that they will help their business gain a competitive advantage over others.
This management is involve in the recruitment, hiring, renumeration, motivation etc of the staffs.
Thus, it is agreed that Managers will invest in human resource management if its helps in developing staff and helps communication to result in greater profits.
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Can financial markets help deploy renewables? Please explain in three sentences.
The global renewable energy market was valued at $881.7billion in 2020, and is projected to reach $1,977.6 billion by 2030, growing at a CAGR of 8.4% from 2021 to 2030
What is product positioning?
A. The set of plans for product, price, place, and promotion that the
marketer will use
B. The process of dividing up a total market into groups (segments)
with similar needs and buying behaviors
OC. The use of names and symbols to identify the company's products
D. A definition of how the company intends for customers to view its
product relative to the competition
SURMIT
Answer:
A
Explanation:
Product positioning allows a business to filter its customers, offerings, marketing strategies and perspectives. Creating a distinguishable position for a product allows the business to identify the shape the brand should take
Interest expense on the $30,000 loan obtained from the city council on August 1 should be recorded.
The Journal entry for the Interest expense on the $30,000 loan will include a debit to Interest Expense account and a credit the Accrued Interest Payable account.
What is an Interest expense?This refers to cost incurred for borrowed funds such as on bonds, loans, convertible debt etc.
The effect on this on the journal entry is that its increases the expense and payable accounts.
Therefore, the record will include a debit to Interest Expense account and a credit the Accrued Interest Payable account.
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a possible cause of favourable material price is
Explain the competitive structure of the community
The competitive structure of the community simply entails how individuals compete with each other for survival.
What is a community structure?It should be noted that a community structure is the internal structure of a neighborhood or an area.
In this case, the competitive structure of the community simply entails how individuals compete with each other for survival. They also compete for resources.
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Deciding on a specific course of study in college typically involves choosing blank
Answer: i think a career path
Explanation:
Answer: Academic Major
Explanation:
Got it right
Besides chlorine, what are the chemical sanitizers approved for operations?
Explanation:
Chemicals that are approved sanitizers are chlorine, iodine, and quaternary ammonium.
Eileen is setting up a company in QuickBooks Online and needs to fill in opening balances for vendors. What is the best way to record opening vendor balances and why?
The best ways is to fill in the opening balance in the vendor details dialogue box. This method is quick, and one may finish it when one create the vendor.
The Vendor Balance Summary report summarizes the company's obligations and overpayments to certain vendors. The overarching goal of this report is to identify accounting irregularities. View the Vendor Balance Detailed report for further information on the vendor's balance.
The following information is included in the report:
Vendor: Either the vendor indicated in the preceding filtering choices or all suppliers accessible to the firm.Balance: The amount owed to a certain vendor or the credit/overpayment amount (marked with brackets).Totals: The total amount owed or payed to the suppliers listed.To learn more about opening balance of vendors click on :
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A corporation makes an investment of $20,000 that will provide the following cash flows after the corresponding amounts of time: Year 1 - $10,000 Year 2 - $10,000 Year 3 - $2,000 a. Should the company make this investment? b. What is the net present value at a 7 percent discount rate? Round your answer to two decimal points.
A) The company should not invest in the provided project due to the negative NPV of the project.
B) The NPV of the project comes out to be (286).
What is NPV?NPV is an abbreviated form of Net present value and computed by deducting the cash outflows from cash inflows at the present value.
Given values:
Cash flow of year 1: $10,000
Cash flow of year 2: $10,000
Cash flow of year 3: $2,000
Cash outflow (cost of investment) =$20,000
Step-1 Computation of PV of cash inflows of every year:
PV of year 1 = Cash inflow of year 1 / (1+ interest rate)^ 1
= $10,000 / (1+0.07) ^ 1
= $10,000 X 0.934579
= $9,346
PV of year 2 = Cash inflow of year 1 / (1+ interest rate)^ 2
= $10,000 / (1+0.07) ^ 2
= $10,000 X 0.873438
= $8,735
PV of year 3= Cash inflow of year 1 / (1+ interest rate)^ 3
= $2,000 / (1+0.07) ^ 2
= $2,000 X 0.816297
=$1,633
Step-2 Computation of total amount of PV of cash inflows:
[tex]\rm\ PV \rm\ of \rm\ cash \rm\ inflows = \rm\ PV \rm\ of \rm\ year \rm\ 1 + \rm\ PV \rm\ of \rm\ year \rm\ 2 + \rm\ PV \rm\ of \rm\ year \rm\ 3\\\rm\ PV \rm\ of \rm\ cash \rm\ inflows =\$9,346 + \$8,735 + \$1,633\\\rm\ PV \rm\ of \rm\ cash \rm\ inflows =\$19,714[/tex]
Step-3 Computation of NPV:
[tex]\rm\ NPV=\rm\ PV \rm\ of \rm\ cash \rm\ inflows- \rm\ Cost \rm\ of \rm\ investment\\\rm\ NPV=\$19,714-\$20,000\\\rm\ NPV=\$ (286)[/tex]
Therefore, the NPV comes out to be a negative amount of 286, and hence, the company should not accept the project.
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A flexible budget takes into account
A flexible budget takes into account how changes in production affect the cost.
What is a flexible budget?It should be noted that flexible budget us the tool that's used in the preparation of financial statements.
In this case, a flexible budget takes into account how changes in production affect the cost.
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