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3 years ago

Explain what happens when markets do not have enough competition.

Business

1 answer:

MatroZZZ [7]3 years ago

3 0

Answer:

The price will be higher and output lower in absence of competition.

Explanation:

When the market does not have enough competition, it provides a certain degree of market power to the existing producers. They are able to regulate prices and output.

It is likely that the suppliers will provide a fewer quantities of goods at a higher price, in order to maximize their profits. The socially optimal level of output will not be produced in the market.

The resources will not be efficiently allocated and deadweight loss will exist.

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What is the IRR for a project that costs $100,000 and provides annual cash inflows of $30,000 for 6 years starting one year from

Juliette [100K]

Answer:

19.91 %

Explanation:

The Internal Rate of Return (IRR) is the Interest rate that will make the present values of cashflows equal to the price of the Initial investment.

<u>Calculation of IRR of Project A using a Financial Calculator : </u>

($100,000) CFj

$30,000 Cfj

Shift IRR/YR 19.9054 or 19.91 %

6 0

3 years ago

A race car travels northward on a straight, level track at a constant speed travels 0.754 km in 25.0 s. The return trip over the

Vikentia [17]

Answer:

27.42 m/s

Explanation:

Data provided in the question:

Distance traveled on a straight track = 0.754 km

Time taken to cover while going = 25.0 s

Time taken for the return = 30.0 s

Now,

Total distance covered = 2 × 0.754

= 1.508 Km

= 1508 m

Total time taken = 25 + 30 = 55 s

Therefore,

The average velocity of the car = Total distance ÷ Total time

= 1508 ÷ 55

= 27.42 m/s

6 0

3 years ago

Which of the following is considered to be an accrued expense?

scoundrel [369]

Answer:

B. a computer technician has installed the latest software updates, but you have not received an invoice or made payment

Explanation:

An accrued expense arises when a service has been rendered to an individual or organisation but to which the recipient of the service has not made payment for the service. The expense will be recognized in the period in which the service is rendered. In this scenario, the technician has rendered a service by installing software updates but the organisation has not made payment for the service provided. This represents an accrued expense.

8 0

4 years ago

g Required information [The following information applies to the questions displayed below.] On October 1, Ebony Ernst organized

sweet [91]

Answer:

Please see details below:

Explanation:

Sales $16.540

Salaries Expenses -$7.740

Miscellaneous Expenses -$5.820

Net Income $2.980

Dividends 2.830

Retained Earnings $150.

Balance Sheets

Assets

Cash $8.990

Accounts Receivable $16.540

Equipment $22.590

Land $45.980

TOTAL ASSETS $94.100

Liabilities

Accounts Payable $9.170

TOTAL LIABILITIES 9.170

Equity

Common Stock $84.780

Retained Earnings $ 150

TOTAL EQUITY 84.930

6 0

3 years ago

You purchased shares of a mutual fund at a price of $20 per share at the beginning of the year and paid a front-end load of 5.75

valkas [14]

Answer:

3.44%

Explanation:

The computation of the return if sold the fund at the year end is shown below:

= {[Price × (1 - Front End Load) × ((1 + fund increase percentage) -expense ratio)] - price} ÷ price

={[$20 per share × (1 - 5.75%) × ((1 + 11%) - 1.25%)] - 20} ÷ 20

= 3.44%

We simply applied the above formula so that the correct return could come

6 0

3 years ago