Answer:
a. opportunity cost principle, the length of the movie does not matter as long as watching a movie is the best way to spend your time compared to other alternatives.
Explanation:
In the given case since it is mentioned that longer movies would be more better as compared with the shorter movies also the price for the both would be the same so here the opportunity cost principle is applied i.e. the movie length is not relevant here as it is considered to spend your time by watching a movie
So the first option is correct
Answer: Perfect competition
Explanation: In a perfect competition market structure the number of sellers in the market is very large with each individual seller operating at a very small level. Due to small operation, no individual seller is capable enough to dictate or affect the price in the market.
The sellers in perfect competition are bound to take prices determined by market forces of demand and supply.
Answer:
d. Registration statement
Explanation:
Based on the information provided within the question it can be said that the name associated with this paperwork is a registration statement. Within the United States of America every single company must file this document with the Securities and Exchange Commission before releasing a public offering such as stocks or bonds.
Generally, a small-business owner follows four steps to develop the pro forma income statement:
Establish a sales projection
Set up a production schedule
Calculate your other expenses
Determine your expected profit
After using your sales projection as a starting point, you calculate the cost of goods sold if you are selling a physical product.
I would also suggest looking at trade organizations and asking other small business owners to help forecast costs.
