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Sladkaya [172]
3 years ago
12

If firms can easily enter and exit a​ market, then A. firms will produce at minimum average cost in the short run. B. firms will

produce where price is less than marginal cost. C. firms will earn zero economic profit in the long run. D. firms will produce where price is greater than marginal revenue. E. firms will produce at minimum average fixed cost in the long run.
Business
1 answer:
enyata [817]3 years ago
5 0

Answer:

The correct answer is option C.

Explanation:

`If firms can easily enter and exit the market, then firms operating in the market will earn zero economic profit in the long run. This is because the short run is too short for firms to enter and exit so potential firms will enter and exit in the long run.  

If the existing firms will be having negative profits, the firms having loss will exit the market. This will reduce market supply. As a result, the price level will increase. This will go on until all firms will have zero economic profits.  

Similarly, if the existing firms are having positive economic profits in the long run, the other firms will enter the market. This will increase the market supply such that the price level decreases. This will go on till all the firms will be having zero economic profits.

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Discuss some of the ways technology is making it possible for consumers to avoid advertising messages and the impact this is hav
poizon [28]

Answer:

Technology has advanced in this era to ease the life of humans. The latest technology is used by the businesses to provide their customers best services. The technology has also provided customers to reject and stop unwanted advertisements. They can block the advertisement messages they do not wish to receive any more.

Explanation:

The technological advancement has provided ways for business development to media and advertisement industry but it has also created negative impact to the industry. The customers block the advertisement messages which they do not find feasible. The advertisement may go wasted because the impact of advertisement did not reached the customers.

8 0
2 years ago
"The Free-Float Company, a company in the 36% tax bracket, has riskless debt in its capital structure which makes up 40% of the
Strike441 [17]

Answer:

Equity Beta = 1.1413

Explanation:

The formula to find the asset beta is

Asset Beta = Equity Beta/(1+(1-tax rate)(Debt/Equity))

We will put the values given in the question in this formula

Asset Beta = 0.8

Tax rate = 0.36

Debt = 0.40

Equity = 0.60

0.8=Equity Beta/(1+(0.64)(0.40/0.60)

0.8=Equity Beta/1+0.4266

0.8=Equity Beta/1.4266

1.4266*0.8= Equity Beta

Equity Beta = 1.1413

6 0
3 years ago
Gary downs recently has noticed that the plant he is managing is delivering only 30 percent of its products on time. to determin
Step2247 [10]

This participative style of leadership suggests that Gary is a <u>"democratic" </u>leader.


Democratic leadership, otherwise called participative leadership or shared leadership, is a sort of leadership style in which individuals from the gathering play a more participative job in the basic leadership process. This sort of administration can apply to any association, from private organizations to schools to government.  

Everybody is given the chance to take part, thoughts are traded unreservedly, and talk is energized. While the majority rule process tends to center around gathering equity and the free stream of thoughts, the pioneer of the gathering is still there to offer direction and control. The democratic leader is accused of choosing who is in the gathering and who gets the opportunity to add to the choices that are made.  

6 0
3 years ago
The following revenue and expense account balances were taken from the ledger of Acorn Health Services Co. after the accounts ha
trasher [3.6K]

Answer and Explanation:

The preparation of the income statement is presented below:

Service revenue $634,900

Less:

Depreciation Expense $10,000

Insurance Expense 9,000

Miscellaneous Expense 8,150

Rent Expense 60,000

Supplies Expense 4,100

Utilities Expense 44,700

Wages Expense 548,200

Net loss -$49,250

6 0
3 years ago
Emerald Corporation, a calendar year C corporation, was formed and began operations on April 1, 2018. The following expenses wer
Lorico [155]

Answer:

Emerald’s deduction for organizational expenditures is = $4550

Explanation:

given data

Expenses of temporary director and organizational meeting is = $27,000

Fee paid to state of incorporation = 1,000

Accounting services incident = 15,500

Legal services = 9,500

Expenses incident printing and sale = 6,000

to find out

Emerald deduction for organizational expenditures

solution

first we get here total Qualifying organizational expenditures that is

total Qualifying organizational expenditures  = $27,000 + $1,000 + $15,500 + $9,500

total Qualifying organizational expenditures  = $53000

and Immediate expensing will be as

Immediate expensing = $5000 - ($53000 - $50000)

Immediate expensing = $2000

so now we get here Emerald Corporation deduction under §248 for 2018 is

Amortization = \frac{$53000-$2000}{180} × 9  

here tax in year = 9 month

Amortization = $2550

Emerald’s deduction for organizational expenditures is = $2550 + $2000

Emerald’s deduction for organizational expenditures is = $4550

3 0
2 years ago
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