Answer: d. choose the price at which it sells its butter.
Explanation:
In a competitive market, the individual sellers do not choose a price to sell at but rather the market does. This is due to the high number of sellers in the market so individual sellers do not have bargaining power.
The price will therefore equal the firm's marginal revenue as well as Average revenue.
Answer:
D.
Explanation:
D. All of the above.
A certified volunteer preparer should;
Make sure all questions on Form 13614-C are answered
Change "Unsure" answers to "Yes" or "No" based on a conversation with the taxpayer
Verify the return is within your certification level
before starting the tax return.
Answer:
- <em>The cash flow stream from investment X has higher present value than the the cash flow stream from investm Y.</em>
Explanation:
<u></u>
<u>1. Present value of investment X</u>
- Annual payment: C = $4,200
- Number of years: t = 8
- Rate: r = 5%
- PV₁ = ?
Formula:
![PV=C\times [\dfrac{1}{r}-\dfrac{1}{r(1+r)^t}]](https://tex.z-dn.net/?f=PV%3DC%5Ctimes%20%5B%5Cdfrac%7B1%7D%7Br%7D-%5Cdfrac%7B1%7D%7Br%281%2Br%29%5Et%7D%5D)
Substitute and compute:
![PV_1=\$ 4,200\times [\dfrac{1}{0.05}-\dfrac{1}{0.05(1+0.05)^8}]](https://tex.z-dn.net/?f=PV_1%3D%5C%24%204%2C200%5Ctimes%20%5B%5Cdfrac%7B1%7D%7B0.05%7D-%5Cdfrac%7B1%7D%7B0.05%281%2B0.05%29%5E8%7D%5D)

<u>2. Present value of investment Y</u>
- Annual payment: C = $6,100
- Number of years: t = 5
- Rate: r = 5%
Formula:
![PV=C\times [\dfrac{1}{r}-\dfrac{1}{r(1+r)^t}]](https://tex.z-dn.net/?f=PV%3DC%5Ctimes%20%5B%5Cdfrac%7B1%7D%7Br%7D-%5Cdfrac%7B1%7D%7Br%281%2Br%29%5Et%7D%5D)
Substitute and compute:
![PV_2=\$ 6,200\times [\dfrac{1}{0.05}-\dfrac{1}{0.05(1+0.05)^5}]](https://tex.z-dn.net/?f=PV_2%3D%5C%24%206%2C200%5Ctimes%20%5B%5Cdfrac%7B1%7D%7B0.05%7D-%5Cdfrac%7B1%7D%7B0.05%281%2B0.05%29%5E5%7D%5D)

Hence, the cash flow stream from investment X has higher present value than the the cash flow stream from investm Y.
Answer:
Genie will have better access to highly skilled human capital at a lower cost.
Explanation:
During times of economic downturn, the rate of unemployment rises due to reduced production by firms in the economy. When the economy slows down, consumption drops, leading to reduced demand for goods and services. A reduction in demand forces organizations to cut down production, and consequently laying off workers.
Service and manufacturing industries do not create employment opportunities during economic downturns. As a result, college graduates cannot find jobs, which increases unemployment. An increase in unemployment and a low supply of jobs leads to a reduction in wage rates. Genie software will, therefore, be able to find highly qualified employees at a lower cost during times of economic downturns.
Answer:
I think it is D I hope this helps if it didn't tell me