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polet [3.4K]
3 years ago
13

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. What is another way to

state this fact? (a) Market supply is much more elastic in the long run than the short run. (b) In the long run, average total cost is minimized. (c) In the long run, price equals marginal cost. (d) Market supply is much less elastic in the long run than the short run.
Business
1 answer:
Degger [83]3 years ago
3 0

Answer: There has been a drop in demand.

Explanation:

The strength and sustainability of a business is the demand in the market, it would be painful and a loss making so many productions and there is little or nothing for demand at the moment. So the target is way to make sure there is a demand on the long run which will match up the production.

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Your company is considering a new project that will require $10,000 of new equipment at the start of the project. The equipment
zmey [24]

Answer:

Estimate the present value of the tax benefits from depreciation:

D. $1,851

Explanation:

<em>Step 1: Determine annual depreciation</em>

A.D=(A.C-S.V)/N

where;

A.D=annual depreciation

A.C=acquisition cost

S.V=salvage value

N=useful life

In our case;

A.D=unknown, to be determined

A.C=$10,000

S.V=$3,000

N=5 years

replacing;

A.D={(10,000-3,000)/5}=7,000/5=$1,400

Annual depreciation=$1,400

<em>Step 2: Determine annual tax benefits</em>

Annual tax benefits=tax rate×annual depreciation

where;

tax rate=34%=34/100=0.34

annual depreciation=$1,400

replacing;

Annual tax benefits=0.34×1,400=$476

<em>Step 3: Determine present value of the annual tax benefits</em>

Year                  Future value                Present value

 1                          476                            476/{(1+0.09)^1}=436.70

 2                         476                            476/{(1+0.09)^2}=400.64

 3                         476                            476/{(1+0.09)^3}=367.56

 4                         476                            476/{(1+0.09)^4}=337.21

 5                         476                            476/{(1+0.09)^5}=309.37

Total present value of the tax benefits=436.70+400.64+367.56+337.21+309.37=$1,851.48

Estimate the present value of the tax benefits from depreciation=$1,851

3 0
3 years ago
Carl Carpenter buys a drill press. The price, including tax, is $725.00. He finances the drill press over 24 months after making
netineya [11]
First calculate the amount financed
Amount financed=725−50=675

The formula is
I=(2yc)/(m (n+1))
Solve for c to get
C=(I×m×(n+1))/2y
C=(0.14×675×(24+1))÷(2×12)=98.44

Total of payments=675+98.44=773.44

Monthly payment is
773.44÷24=32.23

Hope it helps!

7 0
3 years ago
Read 2 more answers
Is the customer always right?" a. Company policy and rules always should be followed regardless of what the customer may need or
alisha [4.7K]

Answer: C.

Explanations: Many companies go by that standard although they don't necessarily mean it. They are very much aware of how much a customer is important to the company.  They should be aware of all the staff and how they are treating the customers, the quality of a product and generally give their best to please someone when they come inside their store.

However there should be certain precautionary measures taken if they encounter with a customer that, beside all the kindness you were offering, is rude, frantic, starts damaging the goods, ambience etc.

8 0
3 years ago
brenda apologized to kordell for an e-mail that upset him. she said she had chosen an inconsiderate way of stating her idea, and
Nutka1998 [239]

The behavior or disposition displayed by Brenda that was described above shows consideration behavior, therefore, Brenda can be said to be: <u>expressing consideration behavior.</u>

Consideration behavior can be described as exhibiting a friendly and supportive disposition by<em> considering the interests of others</em>. It also entails effectively communicating openly with others, having respect of their ideas and <em>showing concern for their feelings.</em>

Thus, the behavior or disposition displayed by Brenda that was described above shows consideration behavior, therefore, Brenda can be said to be: <u>expressing consideration behavior.</u>

<u></u>

<u></u>

Learn more here:

brainly.com/question/3609472

6 0
3 years ago
Several years ago, Junior acquired a home that he vacationed in part of the time and rented out part of the time. During the cur
posledela

Answer:

1. a. Days of Personal Use:

= Days stayed personally + Days rented at a discount + Days rented to family

= 19 + 14 + 11 + 12

= 56 days

b. Days of rental use:

= Days rented to third parties at full rate + Days taken for repairs and maintenance

= 72 + 2

= 74 days

2. Deductible tax amount:

= Real property taxes to state government + Property taxes on land held as investment

= 2,700 + 1,430

= $4,130

<em>The Johnsens may not deduct the amount paid for the assessment for the sidewalks as they are considered local benefits much like streets and these are not tax deductible. </em>

7 0
3 years ago
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