Answer:
Supply
Long
Will not
Marginal Cost
Explanation:
In a market where there are low barriers to entry, in the long run firms would enter into an industry where existing firms earn an economic profit. This would lead to an increase in supply.
When firms enter into the industry, the economic profit earned by existing firms would fall to zero and firms would set price at price equal to marginal cost
Answer:
Total PV= $2,298.24
Explanation:
<u>First, we need to determine the effective annual rate:</u>
EAR= [1 + (i/n)]^n - 1
EAR= [1 + (0.08/4)]^4 - 1
EAR= 0.082
<u>Now, we can determine the present value of the cash flow, using the following formula:</u>
PV= ∑[Cf/(1+i)^n]
Cf1= 800 / 1.082= 739.37
Cf2= 800 / 1.082^2= 683.34
Cf3= 0
Cf4= 1,200 / 1.082^4= 875.53
Total PV= $2,298.24
Answer:
The correct answer is letter "B": Royalties.
Explanation:
In the world of business, royalty refers to a charge for the right to use the property of another entity, usually intellectual property such as copyright, patent or franchise. In the common royalty system, the property owner -<em>licensor</em>- licenses the licensee to use the property using a licensing agreement.
OSI, open systems interconnection, is a reference model in networking that defines how communication should take place. ISO, international organization for standardization
hope this helps!