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Strike441 [17]
2 years ago
10

The perfectly competitive price and output level occur where

Business
1 answer:
jasenka [17]2 years ago
7 0

Answer:

It occur where MR = MC

Explanation:

Perfectly competitive organization or firm is the one who is price taker, which states that they must accept the price at which it sells the goods to consumer.

In a firm that is a perfectly competitive, the level of output  as well as the price happen where the Marginal Cost is equal to the Marginal Revenue.

It is stated as MR = MC.

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B is the correct answer hope that helped love
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2 years ago
As far as GOODS (compared to services) are concerned, there is ___ opportunity to correct problems due to ___ customer contact.
ioda

Answer:

More , High ( D )

Explanation:

As far as GOODS (compared to services) are concerned, there is More opportunity to correct problems due to High customer contact.

and this is because when dealing with Services instead of Goods the direct customers of services are people hence the level of accessibility to enable the prompt correction of problems that might arise is very high and its faster as well to do that

5 0
3 years ago
You own a portfolio equally invested in a Rf asset and two stocks. If one of the stocks has a beta of 1.85 and the total portfol
12345 [234]

Answer:

1.15

Explanation:

If investment is made in equal proportions, it means that;

weight in risk free ; wRF = 33.33% or 0.3333

Let the stocks be A and B

weight in stock A ; wA = 33.33% or 0.3333

weight in stock B; wB = 33.33% or 0.3333

Beta of A; bA = 1.85

Let the beta of the other stock be represented by "bB"  

Beta of risk free; bRF = 0

Beta of portfolio = 1 since it is mentioned that "the total portfolio is equally as risky as the market "

The weight of portfolio is equal to the sum of the weighted average beta of the three assets. The formula is as follows;

wP = wAbA + wBbB + wRF bRF

1 = (0.3333 * 1.85) + (0.3333*bB) + (0.3333 *0)

1 = 0.6166 +0.3333bB + 0

1 - 0.6166 = 0.3333bB

0.3834 = 0.3333bB

Next, divide both sides by 0.3333 to solve for bB;

bB = 0.3834/0.3333

w=bB = 1.15

Therefore, the beta for the other stock would be 1.15

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3 years ago
Best font for a business document
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Answer:

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Explanation:

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The lender is bearing the risk on defaulting the loan
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