18/35 is halfway between 3/5 and 5/7. Do you want me to explain or just the answer?
Answer:
12.5 %
Step-by-step explanation:
Answer: Second option is not true for a firm in perfect competition.
Step-by-step explanation:
We know that
In perfect competition, number of buyers and sellers are in large number, free entry and exit of firms, it sells homogenous products and can't earn abnormal profit.
In this competition, "Firm is the price taker, industry is the price maker".
and AR = MR as there is constant price fixed by the industry.
Hence, Second option is not true for a firm in perfect competition.
Answer:
$2400 in A rated bond and $3000 in B rated bond.
Step-by-step explanation:
We have been given that Maria has recently retired and requested an extra $444.00 per year in income.
We can represent this information in an equation as:

She has $5400 to invest in an A-rated bond that pays 10% per annum or a B-rated bond paying 6% per annum.

From equation (1), we will get:

Substitute this value in equation (2):







Therefore, Maria should invest $2400 in A-rated bond.
Substitute
in equation (1):



Therefore, Maria should invest $3000 in B-rated bond.