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Lapatulllka [165]
2 years ago
9

The demand curve in a purely competitive industry is ______, while the demand curve to a single firm in that industry is ______.

Business
1 answer:
lesantik [10]2 years ago
6 0

The demand curve in a purely competitive industry is down sloping , while the demand curve to a single firm in that industry is perfectly elastic.

<h3>What is demand curve?</h3>

Demand curve can be defined as a graph that help to show the price of product as well as demand quantity.

In a situation where the demand curve is down sloping this means that a manufacturer intend to go for the price of goods and service and the quantity demanded in order to  increase profit .

Inconclusion the demand curve in a purely competitive industry is down sloping.

Learn more about demand curve here:brainly.com/question/516635

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Find the present value of the following stream of cash flows assuming that the firms opportuiny costs is 9 percent. 1-5 years 10
Yanka [14]

Answer:

   ∑( Cash flow × PVF) = 79,347

Explanation:

Given:

Opportunity cost = 9%

Cash flow for 1-5 years = 10,000

Cash flow for 6-10 years = 16,000

Now,

Present value factor (PVF) = \frac{\textup{1}}{\textup{(1 + 0.09)^n}}

here, n is the year

For year 1 to  5

Year             Cash flow             PVF             Cash flow × PVF

1                     10000             0.9174             9174

2                     10000             0.8417             8417

3                      10000             0.7722             7722

4                      10000             0.7084             7084

5                      10000             0.6499             6499

for years 6 to 10

Year             Cash flow             PVF             Cash flow × PVF

6                      16000              0.5963             9540.8

7                      16000              0.547             8752

8                      16000              0.5019             8030.4

9                      16000             0.4604             7366.4

10                      16000             0.4224             6758.4

========================================================

                                          ∑( Cash flow × PVF) = 79,347

========================================================

taking the PVF to 5 decimal places will make 79,347 ≈ 79,348

8 0
3 years ago
Gwen's decision to buy a new television instead of a bicycle for the same price a. means that opportunity cost is zero since bot
Mandarinka [93]

Answer:

A.

Explanation:

6 0
3 years ago
On June 1, 2015 Heloise gave Henrietta a gift of stock worth $10,000. Heloise had purchased the stock on January 1, 2015 for $13
padilas [110]

Answer:

$500 short-term capital gain

Explanation:

Henrietta's gain = selling price - stock's basis = $13,500 - $13,000 = $500

Since Henrietta received the stocks on June 1, 2015, and sold them on January 1, 2016, only 7 months had passed, therefore, this transaction would be considered a short term capital gain.

When a gift is sold (in this case the stocks), a taxpayer can use the basis for computing gains. If the stocks were sold at a loss, Henrietta should use the lower value (at the moment of the gift) to determine her loss.

3 0
3 years ago
What is the difference between online payment and in-person payment
hram777 [196]

Answer: online is virtual (phone,site,ect) in person is face to face interaction

Explanation:

hope this helpeddddddd

3 0
2 years ago
Read 2 more answers
Which of the following industries is most likely to outsource jobs to another country because of slight increases in labor costs
Radda [10]

Which of the following industries is most likely to outsource jobs to another country because of slight increases in labor costs?

a. Milk dairy.

b. High-tech research facility.

c. Textile plant.

d. Automobile assembly plant.

Answer: c. Textile plant.

Hope this helps

4 0
2 years ago
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