1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IgorC [24]
2 years ago
15

Are perfectly competitive markets allocatively allocatively efficient in the long​ run?

Business
1 answer:
antiseptic1488 [7]2 years ago
7 0
Yes, because firms produce where the marginal benefit to consumers equals the marginal cost of production.
You might be interested in
Wall Street performs a sort of "financial alchemy" enabling the individual to benefit from institutions lending money to them, a
Dovator [93]

Answer:

$3,284.8

Explanation:

Calculation to determine How much would you pay for 80 shares

NAV= 80 shares x $41.06

NAV = $3,284.8

Therefore based on the information given the amount you would you pay for 80 shares if the 52-week high is the amount of $34.24, the 52-week low is the amount of $28.54, and the NAV is the amount of $41.06 is $3,284.8

7 0
2 years ago
Different tools and materials needed in <br> building beddings​
Anika [276]

Answer:

I didn't know

Explanation:

I am. so sorry

5 0
2 years ago
The primary responsibility for fair and accurate financial reporting rests with the:
Nikitich [7]

Answer:

The correct answer is (D)

Explanation:

Financial reporting is a complex task which requires an expert to handle them accurately. Companies make many changes in the real data to slip from government taxes and they usually report losses. Auditors are the one responsible to find discrepancies in the financial reporting. So, the primary responsibility rests with the auditors for accurate financial reporting.

5 0
3 years ago
Old Time Savings Bank pays 3% interest on its savings accounts. If you deposit $1,800 in the bank and leave it there: (Do not ro
klasskru [66]

Answer:

A. $54

B. 55.62

C. $70.46

Explanation:

The formula for calculating compound interest is

FV = P (1 + r ) ^n

FV = Future value

P = Present value

R = interest rate

N = number of years

A. $1,800 (1.03) = $1854

Interest rate = $1854 -$1,800 = $54

B. $1,800 (1.03)^2 = $1,909.62

Interest rate = $1,909.62 - $1854 = $55.62

C. $1,800 (1.03)^10 = $2,419.05

To service the interest rate, we have to determine the future value in year 9

$1,800 (1.03)^9 = $2,348.59

Interest rate = $2,419.05 - $2,348.59 = $70.46

I hope my answer helps you

5 0
3 years ago
Dog Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day.
lara [203]

Answer:

Dog Kennel

The revenue variance for March would be closest to:

= $1,028 U

Explanation:

a) Data and Calculations:

Budgeted kennel tenant-days = 3,100

Actual kennel tenant-days = 3,120

                                    Fixed element   Variable element     Total

                                        per month        per tenant-day

Revenue                                      -                   $ 34.00        $105,400

Wages and salaries         $ 2,000                    $ 7.00          $23,700

Food and supplies               1,000                     13.50            42,850

Facility expenses                7,500                      2.50             15,250

Administrative expenses   6,000                       0.10               6,310

Total expenses             $ 16,500                  $ 23.10            $88,110

Actual results for March:

Revenue                          $ 104,372

Wages and salaries         $ 28,500

Food and supplies          $ 44,025

Facility expenses             $ 14,900

Administrative expenses $ 7,090

Total expenses                $94,515

Revenue variance for March would be closest to: $1,028 U ($105,400 - $104,372)

6 0
2 years ago
Other questions:
  • Lakeland Inc. employees get 40 hours paid leave each year to pursue volunteer projects. The company runs a service day that host
    7·1 answer
  • That portion of corporate profits which is included in personal income is: dividends corporate income taxes consumption of fixed
    11·1 answer
  • Gracey's Department Stores has $200,000 of 6% noncumulative, nonparticipating, preferred stock outstanding. Gracey's also has $6
    14·1 answer
  • Winners and losers from free trade Consider the market for meekers in the imaginary economy of Meekertown. In the absence of int
    14·1 answer
  • If people speculate that a run on one bank will cause a run on all banks in the financial​ system, and this speculation proves​
    8·1 answer
  • jason works for a restaurant that serves only organic, local produce. what trend is this buisness following
    14·1 answer
  • Net sales $410,660 Cost of goods sold (purchased items) $102,500 Net income after taxes $ 45,415 Current assets $299,665 Current
    14·1 answer
  • Part of your business is selling modems for network connection. Demand for modems in your store is about 8,000 units per year. O
    10·2 answers
  • To increase productive capacity, a company is considering a proposed new plant. Which of the following statements is CORRECT? a.
    7·1 answer
  • Identify what is needed to calculate the P/E ratio. (Check all that apply.) Multiple select question. Return on equity Average s
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!