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Lelechka [254]
2 years ago
8

Whether a purely competitive industry is a constant-cost industry or an increasing-cost industry, the final long-run equilibrium

position of all competitive firms share which of the following characteristics
Business
1 answer:
fredd [130]2 years ago
4 0

The correct answer is: In the long run, a multiple equality occurs where price is equal to marginal cost which is equal to minimum average total cost.

<h3 /><h3>What does the long-run equilibrium position look like in a purely competitive market?</h3>

It occurs when companies are reaching zero economic profit and when there is no insertion of new companies in the sector. This occurs when, in the long run, companies produce at the minimum point of their average cost curve.

Therefore, in a long-term equilibrium situation in a competitive sector, production is adjusted to the minimum point of its average cost curve, where companies obtain only normal profits and not impacted by changes in demand, for example.

Find out more about long-run equilibrium here:

brainly.com/question/6275304

#SPJ1

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The following amounts are reported in the ledger of Mariah Company: Assets $ 78,000 Liabilities 41,000 Retained Earnings 9,000 W
Serjik [45]

Answer:

47000

Explanation:

4 0
3 years ago
Home countries can adopt policies designed to both encourage and restrict FDI. Host countries try to attract FDI by offering inc
alexira [117]

Answer:

Determining whether the scenario represents a benefit or cost to the home or host country, and then matching it to the appropriate place:

a. Outflow of earnings from a foreign subsidiary

Host-country cost

Home-country benefit

b. Loss of jobs

Home-country cost

Home-country benefit

c. Host country limits profit expatriation

Host-country benefit

Home-country cost

d. Transfer of new technology

Host-country benefit

Home-country cost

e. Loss of local entrepreneurship

Host-country cost

Home-country benefit

Explanation:

a) Data:

1. Host-country benefit

2. Home-country benefit

3. Host-country cost

4. Home-country cost

b) Foreign Direct Investments (FDI) are beneficial to the host country in many ways.  Some of the established benefits are economic growth stimulation, increased human resource development, transfer of finance and technology, and increased exports.  However, these benefits do not come without some costs.  Human and natural resources may be exploited without noticeable improvements.  Others include hindrance of domestic investments and entrepreneurship, risk of political changes, and negative influence of exchange rates.

5 0
3 years ago
Brittany Callihan sold stock (basis of $184,000) to her son, Ridge, for $160,000, the fair market value. a. What are the tax con
ycow [4]

Answer:

(a) Brittany loss due to taxes = Basis - fair market value

                                                = $184,000 - $160,000

                                                = $24,000

Therefore, Brittany will have a $24,000 loss that is not deductible.

(b) Tax consequences to Ridge if he later sells the stock for $190,000 are as follows:

  • Realized gain = $30,000 and Recognized as a gain for tax payers = $6,000
  • Realized and recognized loss = $8,000
  • There is no recognized gain for Ridge and unrecognized loss of $10,000. It is permanent lost.
6 0
3 years ago
Kevin wants to buy a bond that will mature to 5500 in seven years. How much should he pay for the bond now if it earns interest
Vladimir [108]

Answer:

Ans. He should pay $4,781.47  for this bond.

Explanation:

Hi, all we have to do is to bring to present value $5,500 at 2% per year compounded continuously, from year 7.

We have to use the following formula.

PresentValue=\frac{FutureValue}{e^{rt} }

Where:

r = the compounded continuusly compounded rate

t = time to its maturity

It should look like this.

PresentValue=\frac{5,500}{e^{0.02*7} }=4,781.47

So, the fair price to pay for this bond is $4,781.47

Best of luck.

6 0
3 years ago
The College Bookstore sells a unique calculator to college students. The demand for this calculator has a normal distribution wi
Strike441 [17]

Answer:

Option (A) is correct.

Explanation:

Given that,

Mean daily demand, M = 20 calculators per day

Standard deviation, SD = 4 calculators per day

Lead time for this calculator, L = 9 days

z-critical value (for 95% in-stock probability) = 1.65 (From z tables)

Normal consumption during lead-time:

= Mean daily demand × Lead time

= 20 × 9

= 180 units of calculator

Safety Stock = z value × SD × L^(0.5)

                     = 1.65 × 4 × (9)^(0.5)

                     = 1.65 × 4 × 3

                     = 19.8 units

Reorder Point = Normal consumption during lead-time + Safety Stock

                        = 180 units  + 19.8 units

                        = 199.8 or 200 units (Approx)

5 0
3 years ago
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