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Jobisdone [24]
3 years ago
12

A monopolistically competitive firm is operating in the short run at the optimal level of output and is earning negative economi

c profits. Which expression must be TRUE for this firm?
Business
1 answer:
Darya [45]3 years ago
4 0

Answer:

ATC > P = MR = MC

Explanation:

A monopolistic firm is a price taker, it faces a downward-sloping demand curve.  

If a monopolistic competitive firm is operating in the short run at an optimal level and earning negative economic profits, it means that the price is not able to cover the average total costs.  

If the firm is at the optimal level, the price must be equal to marginal revenue and marginal cost. But the price is not covering costs, so the firm is incurring losses.

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Dyckman Dealers has an investment in Thomas Corporation bonds that Dyckman accounts for as a trading security. Thomas Corporatio
faust18 [17]

Answer: $20,000

Explanation:

Bonds are to be carried in the books at their fair value which is their market value. That value is $20,000 in this instance and so Dyckman Dealers will have to record the bonds at that $20,000 value.

Investment analysis are not a basis for recording bond prices. They are simply a basis for making investment decisions. For instance, because they believe that the bond is overvalued, they can benefit from this by short selling the bond and waiting for it to drop in price.

3 0
3 years ago
Many theme parks charge an entrance fee and a per-ride fee equal to zero. This is an example of
nataly862011 [7]

Answer:

two part pricing

Explanation:

A Two-part tariff (TPT) is a type of price gouging in which the price of a good or service consists of 2 sections-a rub-sum of the per-unit fee. Such a selling strategy generally occurs except in part or entirely monopolistic industries. It is built to allow the company to absorb more surplus value in a non-discriminatory pricing framework than it ever has before.

Two-part tariffs in open markets can also occur when customers are unsure regarding their final requirement. Consumers of fitness centers, for instance, may be unsure regarding their degree of potential dedication to an exercise routine.

6 0
3 years ago
On February 1, a seller paid $1,140 in annual property tax for the current calendar year. He sold the house with the closing set
Vera_Pavlovna [14]

<u>Given:</u>

Annual property tax = $1,140

Number of days = 91

<u>To find:</u>

Seller's credit for property tax

<u>Solution:</u>

The following is the calculation of the seller credit for property taxes,

\text{Seller credit for property taxes} = \text{Total tax}\times \frac{\text{Number of days}}{360}

On plugging-in the values we get,

\text{Seller credit for property taxes} = \$1,140\times\frac{91}{360}

\Rightarrow \$1,140\times0.25278 = \$288

Therefore, the seller's credit for property taxes is $288.

6 0
3 years ago
____ are computer security experts who specialize in penetration testing and other testing methods to ensure that a company’s in
PIT_PIT [208]

Answer:

White hats are computer security experts who specialize in penetration testing and other testing methods to ensure that a company’s information systems are secure.

Explanation:

White hats, also called ethical hackers, are experts in the field of information technology, dealing with the security of computer systems. They are hackers who attempt to damage, alter, conceal, or otherwise render a computer program unusable in order to help program owners become aware of the security of their data and security vulnerabilities.  

While checking the security of computer systems, ethical hackers use the same techniques and methods as potential attackers, but unlike them, they do not use the information they discover during an attack, but assess the security of the system and report the owner on the leaks detected. Ethical hackers then advise owners what they need to change to make the system safer.

3 0
3 years ago
Percentage analysis, ratios, turnovers, and other measures of financial position and operating results are a. a substitute for s
Kazeer [188]

Answer:

b. useful analytical measures.

Explanation:

All of the financial measures described in the question are all useful analytical measures used in many big companies. The more tools a company can use for their analytics the better and more accurate the results will be. Better and more accurate results then lead to better decisions on what direction to take the company.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
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