All categories

4 years ago

Does the market system result in productive efficiency? In the long run, perfect competition

Business

1 answer:

docker41 [41]4 years ago

7 0

Answer:

yes because you do to be equivalent to the total cost of the unit for all systems

You might be interested in

The Lunch Counter is expanding and expects operating cash flows of $32,500 a year for seven years as a result. This expansion re

storchak [24]

Answer:

$109,688.89

Explanation:

According to the scenario, computation of given data are as follows,

Formula for Net present value are as follows,

NPV = -Investment in fixed asset - Net working Capital + Operating cashflow × ( 1 - $(1+r)^{-n}$ ) ÷ r + Net working capital × $(1+r)^{-n}$

Where, r = rate of return

n = number of years

By putting the value, we get

NPV = -28,000 - 2,800 + 32,500 × ( 1 - $(1+0.14)^{-7}$ ) ÷ 0.14 + 2,800 × $(1+0.14)^{-7}$

By solving the above equation, we get

NPV = $109,688.89

8 0

3 years ago

Choose the most appropriate word(s) to complete the sentence.

suter [353]

I would say C: vocabulary. I don't have any other form of context so take my answer with a grain of salt, but that seems the most likely to me.

6 0

4 years ago

Sheffield Corp. uses dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows: Year

DedPeter [7]

Answer:

2021 inventory balance using dollar-value LIFO = $1,384,025

Explanation:

Note: Before answering the question, the data in it are sorted first as follows:

Year ended December 31 Inventory at End-of-year Prices Price Index

2019 $ 654000 1.00

2020 1261000 1.05

2021 1345250 1.10

The explanation of the answer is now given as follows:

Change in inventory in 2020 = Inventory at End-of-year Prices in 2020 - Inventory at End-of-year Prices in 2019 = $1,261,000 - $654,000 = $607,000

Change in inventory in 2021 = Inventory at End-of-year Prices in 2021 - Inventory at End-of-year Prices in 2020 = $1,345,250 - $1,261,000 = $84,250

2021 inventory balance using dollar-value LIFO = (Inventory at End-of-year Prices in 2019 * Price Index in 2019) + (Change in inventory in 2020 * Price Index in 2020) + (Change in inventory in 2021 * Price Index in 2021) = ($654000 * 1.00) + ($607,000 * 1.05) + ($84,250 * 1.10) = $1,384,025

5 0

3 years ago

What are five basic principles found in a free enterprise system?

vesna_86 [32]

Here are the five basic principles found in a free enterprise system:
1) Governments have no control over the buying & selling of products & services. 2) The "invisible hand" of market supply and demand occurs 3) Governments may only be involved with to provide education, the army, and public health services (and other merit goods) 4) Governments may only provide public goods (such as lampposts) which bring no profit for sales people, as you cannot stop people from using those items. 5) Usually, there's a great difference in the distribution of wealth <span>
</span>

3 0

3 years ago

The Kreidler Kids company can produce swing sets for $1,000. Kendra wants a new swing set for her children and will pay $1,500 f

Makovka662 [10]

Answer:

The Kreidler Kids company has a producer surplus of $500.

Explanation:

Producer surplus can be described or calculated as the amount a producer is willing to supply or sell goods and the actual amount the supplier received.

For this question, the producer surplus can therefore be calculated as follows:

The amount Kreidler Kids company can produce swing sets = $1,000

The amount paid by Kendra for the the swing set = $1,500

Producer surplus = The amount paid by Kendra for the the swing set - The amount Kreidler Kids company can produce swing sets = $1,500 - $1,000 = $500

Therfore, the Kreidler Kids company has a producer surplus of $500.

5 0

3 years ago

Does the market system result in productive​ efficiency? In the long​ run, perfect competition

Does the market system result in productive efficiency? In the long run, perfect competition