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2 years ago

In a market with 1,000 identical firms, the short-run market supply is the

Business

1 answer:

kompoz [17]2 years ago

8 0

Answer: Option(a) is correct.

Explanation:

Correct Option : Marginal cost curve above average variable cost for a typical firm in the market.

In a market of perfect competition, the shutdown price of the firms will be minimum point of average variable cost. So, there is supply of goods by the firms if the price is equal or above the shutdown point of the firm.

Therefore, the supply curve of the firm is the above part of the MC curve from the minimum point of average variable cost.

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On January 1, 2018, Race Corp. acquired 80% of the voting common stock of Gallow Inc. During the year, Race sold to Gallow for $

harkovskaia [24]

Answer:

net income attributable to the non controlling interest is $40800

Explanation:

Given data

Race sold = $450000

cost = $330000

owned = 15%

net income = $204000

Race net income = $806000

to find out

net income attributable to the non controlling interest

solution

we find the non controlling interest

so we apply formula for non controlling interest that is

non controlling interest of income = net income × (100% - 80%)

put here value of net income

non controlling interest of income = net income × (20%)

non controlling interest of income = 204000 × (20%)

non controlling interest of income = 40800

so net income attributable to the non controlling interest is $40800

8 0

3 years ago

Conducting research about an occupation, company, or job can increase your employability. Please select the best answer from the

UkoKoshka [18]

Your answer will be true! good luck

7 0

3 years ago

Read 2 more answers

In the space below, please tell us more about yourself. We are interested in hearing about your professional strengths, greatest

Sedaia [141]

Answer:

You introduce the following below:

1. Name

2. Your Educational Achievements

3. Your professional achievements related to the work.

4. Your marriage status.

5. Your hobbies.

Explanation:

Note,

You will have to make all this very brief, because your interviewer has your resume and he/she will access you based on it.

6 0

2 years ago

The University Store, Inc. is the major bookseller for four nearby colleges. An income statement for the first quarter of the ye

Effectus [21]

Answer: $30,000

Explanation:

Sales are $800,000 and the average price is $40. Number of units sold is;

= 800,000/40

= 20,000 units

Sales $ 800,000

Less: Cost of Goods Sold ($560,000)

Gross Margin $240,000

Less : Variable Costing

Selling Expenses (20,000 units X $3.00) ($60,000)

Administrative Expenses (5% of $ 800,000) ($40,000)

Contribution Margin $140,000

Less: Fixed Cost

Selling Expenses ($100,000 - $60,000) ($40,000)

Administrative Expenses ($110,000 -$40,000) ($70,000)

Net Operating Income  $30,000

3 0

3 years ago

Required Problems with behavioral finance include: I. The behavioralists tell us nothing about how to exploit any irrationality.

Natasha2012 [34]

Answer:

ALL OF THE ABOVE

Explanation:

Behavioral finance is an interesting mix of psychology and finance which deals with the effect of psychology on the behavior of investors.

Looking at the options given in the scenario they all show traits of investors behaving in a way that portrays psychological reaction

Hence it can be concluded that Problems with behavioral finance include ALL OF THE FOLLOWING:

I. The behavioralists tell us nothing about how to exploit any irrationality.

II. The implications of behavioral patterns are inconsistent from case to case, sometimes suggesting overreaction, sometimes underreaction.

III. As with technical trading rules, behavioralists can always find some pattern in past data that supports a behavioralist trait.

7 0

3 years ago