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3 years ago

What is market power?

1 answer:

8 0

I would say the correct answer is B. t<span>he ability of a company to change prices and output like a monopolist. Market power is basically the power of a particular company to manipulate the price of the product and thus affect all other participants, as well as customers. Monopolists have the greatest market power; conversely, in an ideally balanced economy, nobody would have market power. All participants would have equal chances and nobody would dictate the terms to others.</span>

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In the long run the most important factor that shifts the aggregate supply curve is?

Eddi Din [679]

In the long run, the most important factor shifting the SRAS curve is productivity growth.

<h3>What do you mean by productivity growth?</h3>

Productivity—in economic terms—is how much output can be produced with a given quantity of labor. One measure of this is output per worker, or GDP per capita.

Since 1947, the U.S. corporate sector has been able to create nine times more goods and services with only a little increase in labor hours thanks to productivity gains. An economy may create and consume more goods and services for the same amount of effort when productivity is growing.

Productivity is a way of thinking and a condition of being. Being effective entails acting in every situation as we actively choose to and not as we feel pressured to by external factors. Being productive requires adopting a mindset of constant development.

Learn more about productivity growth here

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5 0

2 years ago

Suppose that an income producing property is expected to yield cash flows for the owner of $150,000 in each of the next five yea

vivado [14]

Answer:

$1,449,635.50

Explanation:

The computation of the value of the property today is shown below:

First the present value for 5 years is

Year Cash flows Discount factor Present value

1 $150,000 0.925925926 $138,888.89

2 $150,000 0.85733882 $128,600.82

3 $150,000 0.793832241 $119,074.84

4 $150,000 0.735029853 $110,254.48

5 $150,000 0.680583197 $102,087.48

Total present value $598,906.51

The discount factor is

= 1 ÷ (1 + rate)^years

And, the formula of future value is

Future value = Present value × (1 + rate)^number of years

$1,250,000 = Present value × (1 + 0.08)^5

$1,250,000 = Present value × 1.469328077

So, the present value is $850,729

Now the today value of the property is

= $598,906.51 + $850,729

= $1,449,635.50

7 0

3 years ago

Nervous Norman holds 70% of his assets in cash, earning 0%, and 30% of his assets in an insured savings account, earning 2%. The

elena-14-01-66 [18.8K]

Answer: 0.6%

Explanation:

The expected return is a weighted average of the returns of the assets invested in.

70% is invested in cash which earns 0%

30% is in a savings account earning 2%

Expected return = (70% * 0%) + (30% * 2%)

= 0% + 0.6%

= 0.6%

6 0

3 years ago

Explain the hipp of the primary sources below source: letter written by john rolfe

jekas [21]

The correct answer to this open question is the following.

Explain the HIPP of the primary sources below source: "letter written by John Rolfe."

"H" stands for Historical context. John Rolf was an important component in the foundation and success of the Jamestown, Virginia colony, in the North American territory. In the letter, he explains the Governor of the colony, Thomas Dale, his reasons to marry Pocahontas, a Native American Indian woman.

"I" stands for the Intended audience. The Governor of Jamestown, Virginia colony, Thomas Dale. The intention of John Rolfe was to clearly explain his motives, trying to maintain his intact reputation before the people of Jamestown.

"P" stands for Purpose. Rolfe wanted the approval of the Governor, knowing that in those years, Native American Indians were considered savages that first needed to be converted to the Christian religion to be accepted in the colonial society.

"P" stands for Point of view. In this part, we have to understand the point the author is trying to convey. In this case, John Rolfe, an English man, and an important figure that brought the toc¿bacco seed from the Caribbean Islands to grow tobacco crops in Jamestown and made tobacco the king of crops in Virginia wanted to justify his actions but not wanted to compromise his position before the Jamestown society.

6 0

3 years ago

On january 1, 2017, holland corporation paid $9 per share to a group of zeeland corporation shareholders to acquire 60,000 share

Illusion [34]

Answer:

Explanation:

a Consideration transferred by $540,000

Holland ($9.00 x 60,000 shares)

Fair value of the non-controlling 320,000

interest ($6.50 x 40,000 shares)

Total Zeeland fair value at January 1, 2017 $860,000

Zeeland book value at January 1, 2017 320,000

Excess acquisition-date fair over book value $540,000

To equipment (5-year remaining life) $50,000

To patent (10-year remaining life) 420,100 470,100

Goodwill $69,900

Goodwill allocation: Holland NCI

Acquisition-date fair value $540,000 $320,000

Share (60% and 40%) of identifiable * 474,060 316,040

net assets

Goodwill allocation $65,940 $3,960

*Zeeland identifiable net assets at acquisition-date fair value:

Current assets $15,700

Property and equipment ($329,700 + $50,000) 379,700

Patents ($212,100 + $420,100) 632,200

Liabilities (237,500)

Total fair value of net identifiable assets $790,100

b Investment in Zeeland

Initial value $540,000

Change in Zeeland’s RE × 60%

($439,400 – $220,000) × 60% 131,640

Excess amortization ($52,010 × 60% × 2 yrs.) (62,412)

Investment in Zeeland 12/31/18 609,228

HOLLAND CORPORATION AND ZEELAND CORPORATION

Consolidation Worksheet

For Year Ending December 31, 2018

Consolidation Entries Noncontrolling Consolidated

Accounts Holland Zeeland Debit Credit Interest Totals

Sales ($582,600) ($445,500) ($1,028,100)

Cost of 295,400 208,500 $503,900

goods sold

Depreciation 73,000 32,300 E 10000 115,300

expense

Amortization 15,700 19,300 E 42010 77,010

expense

Other operating 58,800 58,400 117,200

expenses

Equity in Zeeland -44,994 0 I 44994 0

earnings

Separate company ($184,694) ($127,000)

net income

Consolidated net income ($214,690)

Noncontrolling interest in CNI (29,996) 29,996

Controlling interest net income ($184,694)

Retained earnings ($821,900) ($342,400) S 342400 ($821,900)

, 1/1/18

Net income -184,694 -127,000 ($184,694)

Dividends declared 50,000 30,000 D 18000 12000 50000

Retained earnings, ($956,594) ($439,400) ($956,594)

12/31

Current assets $126,700 $98,500 $225,200

Investment in 609,228 0 D 18000 S 265,440

Zeeland, Inc

A1 250854

A2 65940

I 44994

Property and 854,000 276,000 A1 40000 E 10000 1,160,000

equipment (net)

Patents 152,400 168,500 A1 378090 E 42010 656,980

Goodwill 0 0 69900 69,900

Total assets $1,742,328 $543,000 $2,112,080

Liabilities -465,734 -3,600 -469,334

Common stock -320,000 -100,000 S 100000 -320000

Noncontrolling S 176960

interest

A1 167236

A2 3960 -348156 -366152

Retained earnings -956,594 -439,400 -956594

, 12/31

Total ($1,742,328) ($543,000) $1,045,394 $1,045,394 ($2,112,080)

liabilities and equities

6 0

3 years ago