1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
OverLord2011 [107]
2 years ago
10

If foreign firms begin supplying the product, increasing the number of competitors, it is likely that:____.

Business
1 answer:
Dafna11 [192]2 years ago
5 0

If foreign firms begin supplying the product, increasing the number of competitors, it is likely that <u>economic </u><u>profit</u><u> will fall</u>.

As the variety of firms increases, the price that is regular with equilibrium increases, to the monopoly rate, but the minimum price decreases. On the other hand, if marginal search prices decrease with the number of searches, equilibrium, if it exists, is characterized through a price distribution.

The number of promoting corporations also has an effect on the probable outcome of oligopoly opposition. As the wide variety of firms increases, the marketplace equilibrium moves in the direction of the equilibrium that would be expected in a superbly aggressive market of firms with equal aggregate manufacturing assets.

An economic profit or loss is the distinction between the sales received from the sale of an output and the expenses of all inputs used, as well as any opportunity charges. In calculating economic profit, possibility charges and explicit fees are deducted from sales earned.

Learn more about economic profit here brainly.com/question/24477585

#SPJ4

You might be interested in
Pet World is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR c
Len [333]

Answer:

C) 2.57%

Explanation:

Pet World's net cash flows:

<u>Year  </u>                  <u>Cash flow</u>

0                           -$9,500  

1                             $2,000

2                            $2,025

3                            $2,050

4                            $2,075

5                            $2,100

In order to find the rate of return we can use an excel spreadsheet and the IRR function =IRR (values,[guess]) =IRR (-9500,2000,2025,2050,2075,2100)

=IRR = 2.57%

3 0
3 years ago
A ____ is a source of revenue flowing into the firm.
diamong [38]
The answer is revenue stream.
3 0
3 years ago
For each separate case, record an adjusting entry (if necessary). Barga Company purchases $32,000 of equipment on January 1. The
scoundrel [369]

Answer:

<u>Equipment:</u>

                                                  Dr.       Cr.

Depreciation Expense          $5,520

Accumulated Depreciation                $5,520

<u>Land:</u>

Land never depreciates, so there is no adjusting entry for the Land purchased on year end.

Explanation:

Year end is not given in the data so, it is assumed the December 31 is the end of the year

Equipment

Depreciation  for the year = ( Purchase price - Residual value ) / useful life

Depreciation  for the year = ( $32,000 - $4,400 ) / 5 years

Depreciation  for the year = $5,520

8 0
3 years ago
nkedIn targets a specific demographic: working professionals. They tend to be older and better educated. Why might advertisers b
eimsori [14]

Answer: Recognition from the class of persons that patronize their product

Explanation:

Linkedln is a site that attracts professionals from different field of study who network amongst themselves, educate each other, share information and jobs for the benefit of others in the same field.

Advertisers might be interested in this group because their target audience are mostly found there. A large mass of individuals use social media now and when many of these professionals want information or persons who can take up roles in openings in their firms they come to linkedln

4 0
3 years ago
wist Corp. has a current accounts receivable balance of $330,800. Credit sales for the year just ended were $3,804,200. a. What
Alex17521 [72]

Answer:

Receivables turnover = 11.50 times

Days' sales in receivables = 31.74 days

Average collection period = 31.74 days

Explanation:

<u>Receivables Turnover Ratio</u>

Receivables turnover = Credit Sales / Receivables

                                    = $3,804,200 / $330,800

                                     = 11.50 times

Receivables turnover ratio measures how many times a company's receivables are converted to cash in a period. A high receivables turnover ratio can indicate that a company’s collection of accounts receivable is efficient and that the company has a high proportion of quality customers that pay their debts quickly.

<u>Days' sales in Receivables/ Average Collection Period</u>

Days' sales in receivables = 365 days / Receivables turnover

                                            = 365 / 11.50

                                            = 31.74 days

On average, credit customers took 31.74 days to pay off their accounts.

The days' sales in receivable ratio which is also known as the average collection period tells you the number of days it took on average to collect the company's accounts receivable during the past year.

6 0
3 years ago
Other questions:
  • Tom oversees the logistics department for a holiday resort in Virginia. He has created a plan to bring in customers directly fro
    5·2 answers
  • A company purchased a delivery truck on January 1, 2021, for $100,000. The truck has an estimated life of 10 years and an estima
    9·1 answer
  • What is the value today of a money machine that will pay $3,809.00 every six months for 21.00 years? Assume the first payment is
    5·1 answer
  • Brian has just finished college. He wants to set up a small business to make and sell fireworks. He registers his company and ac
    15·2 answers
  • In recent decades, many successful presidential candidates were former governors.
    5·1 answer
  • If you would like to start a company with decentralized decision making regarding day-to-day operations, but a central body of m
    6·1 answer
  • The following is a list of accounts commonly seen in financial statements. Identify whether each account appears on the balance
    6·1 answer
  • The following four employees all feel committed to the organization they work for. Jennifer feels it will be difficult to find a
    11·1 answer
  • As part of the agency relationship, you have to keep everything that the buyer discloses to you private. This includes any infor
    14·1 answer
  • On January 1, 2017, Crown Company sold property to Leary Company. There was no established exchange price for the property, and
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!