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lord [1]
3 years ago
6

In a perfectly competitive industry, the industry demand curve is ____, while in a monopolistic industry, the industry demand cu

rve is ______
Business
1 answer:
antoniya [11.8K]3 years ago
8 0

Answer:

The correct answer is downward sloping; downward sloping.

Explanation:

In a perfect competition the demand curve for an individual firm is a horizontal line parallel to the x axis. This happens because the firm is a price taker and operate on the price determined by the intersection of demand and supply curves. Any increase in the price will cause the demand to become zero.

While in the monopolistic market a single firm has downward sloping demand curve. Here, the firm is price maker and decides price level. Though, the consumers will demand more at lower price.

The industry supply curve for both will be downward sloping. This happens because, the firms consumers in a market will always demand more at low prices. The demand and price are inversely related.

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Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return fro
lutik1710 [3]

Answer:

A. NPV for A= $61,658.06

NPV  for B = $25,006.15

B.  1.36

1.17

Project A

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calcuated using a financial calculator

for project A :

Cash flow in

Year 0 = $(172,325)

Year 1 41,000

Year 2 47,000

Year 3 85,295

Year 4 86,400

Year 5 56,000

I = 10%

NPV = $61,658.06

for project B

year 0 = $ (145,960)

Cash flow in

Year 1  27,000

Year 2  52,000

Year 3 50,000  

Year 4 71,000

Year 5  28,000

I = 10%

NPV = $25,006.15

profitability index = 1 + NPV / Initial investment

for project A, PI = $61,658.06 / 172,325 = 1.36

For project B, PI = $25,006.15 / 145,960 = 1.17

The project with the greater NPV and PI should be chosen. this is project A.

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

3 0
2 years ago
What is the best strategy to avoid paying interest on your credit cards?
lord [1]

c pay the miminum balance each month

8 0
3 years ago
Read 2 more answers
Skeeter's Skeeball Castle has seen its business slow down ever since Kerrie's Off-Key Karaoke opened up next door. Since the ope
oee [108]

Answer:

The correct answer is letter "A": increased.

Explanation:

Opportunity cost is the return of the option chosen compared to the forgone choice. Opportunity cost can also be defined as the return of the next best available option aside from the option taken. The more a good or service is consumed, the lower its opportunity cost turns. <em>The fewer the good or service is requested, the higher its opportunity cost</em>.

Thus, <em>because Skeeter's Skeeball Castle business has dwindled, the opportunity cost of playing skeeball at Skeeter's has increased.</em>

3 0
3 years ago
In the month of November, Cullumber Company Inc. wrote checks in the amount of $10,230. In December, checks in the amount of $11
lara31 [8.8K]

Answer and Explanation:

The computation of the outstanding checks is shown below:

For the November end

= Checks - presented in the bank

= $10,230 - $8,240

= $1,990

For the December end

=  Checks - presented in the bank + presented in th bank - checks

= $10,230 - $8,240 + $11,815 - $10,655

= $3,150

We simply applied the above formula

8 0
3 years ago
Why do employees who participate in planning change efforts tend to have more positive opinions about the change
dusya [7]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) They have the opportunity to reject the proposed change.

b) They will have the opportunity to know more than others about the change.

c) They will be able to convince customers the change was the right thing to do.

d) They will feel a sense of ownership of planned change and are more likely to be on board.  

And the correct answer is the option D: They will feel a sense of ownership of planned change and are more likely to be on board.

Explanation:

To begin with, it will be more acceptable for an employee of a company or a member of a group to agree with a change if that person was involved in the planning of the change. That means that he will feel that he is part of the solution and therefore part of the team because his ideas were listened and maybe he contributed with something. That is why that members who participate in the planning of a change will always be more positive about the final outcome due to the fact that they were there during the process of deciding that outcome and that will make them feel integrity related to the work and to the team as well.

3 0
2 years ago
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