Answer:
B. will be horizontal
Explanation:
A type of market where output is identical to the output of any other firm in the market and the market has many firms and transaction costs are low is the perfect competition.
The demand curve is horizontal because in this type of market, price is set by the forces of demand and supply. Buyers are sellers are price takers and they don't have any influence over prices. At the going market price, sellers sell all the quantities of their products.
But if they attempt to increase price, quanitity demanded would fall to zero as consumers would easily shift to other sellers. Also, there would be no incentive to reduce price because they would be earning a loss.
I hope my answer helps you
For a uniform-price monopolist the Profit is equal to Average Revenue as long as Average revenue is greater than Marginal revenue (P = AR > MR ). For a perfectly competitive firm, the Profit is equal to both Average Revenue and it is also equal to Marginal Revenue (P = MR = AR).
Answer:
Diluted EPS = $3.0625
Explanation:
Earning per share (EPS) = earnings available to ordinary shareholders/ number of ordinary shares possible after conversion
Conversion of preferred stock into common stock
= 16,000
× 5 = 80,000
Number of ordinary shares = common stock + converted preferred stock
= 160000+ 80000 =240,000 units
$
Net Income 520,000
Preferred dividend (8%×100×16000) (<u>128000)
</u>
Earnings available to shareholders <u> 392000
</u>
Number of shares 240,000
Diluted Earnings per share
392,000/240,000= $3.0625
Diluted EPS = $3.0625
Answer:
Anonymising data effectively manages the risk of creating emotional distress.
Explanation:
This is the most accurate because when you do research, you need to compile information trough interviews, for example. If it's a social research you're gonna talk with people about their issues.
So, anonymising you save their integrity, because <u>nobody is comfortable charing their personal problem</u>. In order to publish your scientific results, you need to hide their personal information. In this way, you also avoid emotional distress to people whom you interviewed.
