EXPLANATION: The MP curve is one of three related curves used in the analysis of the short-run production so basically the marginal product (MP) curve plays in key role in the economic analysis of short-run production by firm
Answer: MP curve looks like a reverse U shaped curve or are invertedly U-shaped
Cost per unit
(300,000÷15,000)+20=40
Current profit
50×15,000−40×15,000=150,000
Profit change
60×15,000−40×15,000=300,000
units will knoll need to sell for profit to remain the same as before the price change is
(150,000+300,000)÷40=11,250
The answer is yes.
Its possible for a firm to become too big to be competitive and earn profit. They can be so large and successful that they no longer compete with small businesses anymore and might inhibit the ability to continue earn their profit.
Answer:
Comparative advantage
Explanation:
The basic method to choose a country to trade with is to have a comparative advantage in products. When a country has a comparative advantage it helps to attain certain goods which are not produced domestically, and to export goods which are not produced in the other country. A comparative advantage helps to export goods and services at lower prices and better quality to attain the maximum market share in the exporting country.
Answer:
Price of Bond is 1,031.36
Explanation:
Step 1. Given information.
Par value $1.000
Issue to 19 year
Coupon rate 8.09%
Yield maturity 7.68%
Step 2. Formulas needed to solve the exercise.
Price of Bond = PV of Coupons+PV of Par Value
Step 3. Calculation.
Number of Periods =8*2 =16
Semi annual coupon =8.11%*1000/2 =40.55
Semi annual YTM =7.58%/2 =3.79%
Price of Bond =40.55*((1-(1+3.79%)^-16)/3.79%)+1000/(1+3.79%)^16 =1031.36
Step 4. Solution.
Price of Bond is 1,031.36
