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LekaFEV [45]
2 years ago
6

When new entrants into a competitive market have higher costs than existing firms, A. sunk costs become an important determinant

of the short-run entry strategy. B. accounting profits will be the primary determinant of entry into the market. C. market price will rise. D. long-run supply is constant.
Business
1 answer:
marshall27 [118]2 years ago
5 0

Answer:

C.

Explanation:

When new entrants into a competitive market have higher costs than existing firms, market price will rise.

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In the context of Internet marketing, a _____ is a carefully selected group of consumers who agree to participate in an ongoing
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3 years ago
there were 200 tickets sold for a college basketball game. Tickets were $4.50 for students and $9 for adults. The total amount c
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Answer:

70 tickets were sold to student and 130 tickets were sold to adults

Explanation:

Let the number of tickets purchased by students be "X" and the number of tickets purchased by adults  be "Y"

Given

Total number of tickets sold = 200

Total amount collected by selling 200 tickets = 1485 dollar

Cost of one ticket of student = 4.5 dollar

Cost of one ticket of adult = 9 dollar

Two equation are as follows

X + Y = 200\\ ------Eq (1)

4.5 X + 9 Y =1485 -------- Eq (2)

Multiplying eq (1) by 9 and subtracting from equation 2 we get

4.5 X - 9 X + 9Y -9Y = 1485 - (200* 9)\\-4.5 X = -315\\X = 70

Substituting the value of X in equation 1 we get

70 + Y = 200\\Y = 200 -70 \\Y = 130

Therefore, 70 tickets were sold to student and 130 tickets were sold to adults

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On July 1 of last year, total employees at company E was decreased by 10 percent. Without any change in the salaries of the rema
babymother [125]

Answer:

The total of the combined salaries of all the employees at Company E after July 1 last year was 110% of that before July 1 last year.

Explanation:

If we use numbers, as example, we can get that:

Before July 1st Company E' s employes had in average salary of $100.000 (example).  

If, after the decreased of employees, average salary was 10% percent more, that means that:

  • $100.000 x 10%= <u>$10.000 </u>

So, total of combined salaries after decreased was

  • $100.000+$10.000= $110.000

$110.000 is the 110% of the average salary before decreased because:

  • <u>$110.000/100.000 = 110%</u>
5 0
3 years ago
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