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4 years ago

In perfect competition, each additional unit of output that a firm sells will yield a marginal revenue that is:

Business

1 answer:

il63 [147K]4 years ago

4 0

Answer:

The correct answer is equal to price.

Explanation:

A perfectly competitive firm is a price taker. This is because of the large number of firms, no single firm is able to influence the price. So each firm faces a horizontal demand curve. This horizontal line shows demand, marginal revenue, and average revenue.

The price level is determined at the point where the marginal cost is equal to price. The marginal revenue is always equal to price because the price is fixed at a point, each output level is supplied at the same price.

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Current market prices reflect all information contained in past price movements. this statement is consistent with: ______

ExtremeBDS [4]

Current market prices reflect all information contained in past price movements. this statement is consistent with weak form efficiency

Market efficiency is the degree to which current prices accurately represent all pertinent and available information regarding the true worth of the underlying assets. Since all information that is available to traders is already factored into the market price, a truly efficient market makes it impossible to outperform the market.

Market efficiency states that prices reflect all information at any one time about a specific stock or market. An informationally efficient market is one in which the current price of a stock has taken into account all available information about that stock.

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2 years ago

Consider the line which passes through the point P(−1,1,−2), and which is parallel to the line x=1+5t,y=2+2t,z=3+3t Find the poi

Komok [63]

Answer:

The intersection with xy -plane is P(7/3, 7/3, 0), the intersection with xz -plane is P(-7/2, 0, -7/2) and the intersection with yz-plane is P(0, 7/5, 13/5).

Explanation:

The director vector of the line x=1+5t,y=2+2t,z=3+3t is the vector (5,2,3). Since the new line is parallel to the above line then it has the same director vector.

So the equation of the new line is x=-1+5t, y=1+2t, z= -2+3t.

The equation of the xy - plane is z=0. Then

0=-2+3t

t= 2/3

Then x(2/3)= -1+5(2/3)=7/3, y(2/3)=1+2(2/3)=7/3. Then the point of intersection with the xy-plane is P(7/3, 7/3, 0).

The equation of the xz - plane is y=0. Then

0=1+2t

t=-1/2

Then x(1/2)= -1+5(-1/2)=7/2, z(-1/2)=-2+3(-1/2)=-7/2. Then the point of intersection with the xz-plane is P(-7/2, 0, -7/2).

The equation of the yz - plane is x=0. Then

0=-1+5t

t=1/5

Then y(1/5)= 1+2(1/5)=7/5, z(1/5)=-2+3(1/5)=13/5. Then the point of intersection with the yz-plane is P(0, 7/5, 13/5).

6 0

4 years ago

Equipment purchased for $85,000 on January 1, 2010, was sold on July 1, 2013 for $30,000. The company uses the straight-line met

gregori [183]

Answer:

B) $59,500

Explanation:

The equipment was purchased for 85,000 and has no salvage value which means that all 85,000 will be depreciated over it lifetime. It has a life of 5 years and because it uses straight line method it means that it will depreciate equally each year. The equipment is bought on JAN 1 2010 and sold on July 1 2013 which means that the equipment is used for 3.5 years and in order to find its depreciation we will divide 3.5 by 5 and multiply it by 85,000.

3.5/5*85,000=59,500

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3 years ago

If your sevis record is terminated for unauthorized withdrawal or failure to enroll. How long can you remain in the u. S. ?.

atroni [7]

Students terminated for Authorized early withdrawal have 15 days to depart.

<h3>What is Students terminated?</h3>

A record that has been canceled in the Student and Exchange Visitor Information System (SEVIS) may indicate that the nonimmigrant no longer has F or M status. F-1/M-1 students and/or F-2/M-2 dependents who do not maintain their status are typically terminated by designated school officials (DSOs).

With an expired I-20, you will be unable to reenter the United States. All working privileges have been revoked. Any type of employment after the specified termination date is prohibited. Employers who hire an illegal worker may face serious sanctions.

If the DSO does not enroll the student within 90 days of the Next session start date, the system automatically terminates the record. When a student fails to reenroll after the enrollment deadline for the term has passed.

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2 years ago

Zumbrunn Company’s income statement contained the following condensed information. ZUMBRUNN COMPANY Income Statement For the Yea

kotykmax [81]

Answer:

Explanation:

the solution is given in the file attached. I hope it helps you. Thank you

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8 0