Scientific method involves ways in which you would solve something while the others are just assuming or wondering what could happen.
It means to differentiate their product. Monopolistic competition is a sort of blemished rivalry with the end goal that numerous makers offer items that are separated from each other and subsequently are not impeccable substitutes.
Harmony under monopolistic competition. In the short run, supernormal benefits are conceivable, however, over the long haul, new firms are pulled in into the business, as a result of low boundaries to the passage, great learning and a chance to separate.
Answer:
The correct answer is option a.
Explanation:
Comparative advantage refers to the situation where an individual, firm, or nation can produce a good at a comparatively lower opportunity cost.
It is given here that,
Hank's opportunity cost of producing a bushel of corn = 2 bushels of soybeans
And,
Tony's opportunity cost of producing a bushel of corn = 3 bushels of soybeans
We see that Hank has a lower opportunity costs in the production of corn. So we can say Hank has a comparative advantage in the production of corn. Or in other words, Hank specializes in the production of corn.
Answer:
Ending inventory= 30,000
Explanation:
Giving the following information:
Its beginning inventory is $70,000, goods purchased during the period cost $240,000, and the cost of goods sold for the period is $280,000.
The ending inventory is the cost of the units remaining at the end of the period.
COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
280,000= 70,000 + 240,000 - ending inventory
ending inventory= 70,000 + 240,000 - 280,000
Ending inventory= 30,000
Answer:
9.50%
Explanation:
There are the conditions in which the bond will sold at par, premium or even discount
When the bond will sold at par the yield to maturity and the coupon rate is equal plus the present value of the bond is equal to the face value of the bond
When the bond will sold at premium, the coupon rate is higher than yield to maturity
And, if the bond will sold at discount, the coupon rate is less than the yield to maturity
Since in the given situation, the companies wants to sell its bond at par i.e means the yield to maturity should be equal to the coupon rate i.e 9.50%