Training is working hard and development is getting better
Answer:
eliminated due to firms entering the industry
Explanation:
In the long run , monpolistically competitive firms earn zero economic profit due to entry of firms into the industry.
A monpolistically competitive firm has low barriers to entry and exit of firms. In the short run when monpolistically competitive firms earn economic profit, firms enter into the industry in the long run and economic profit would be wiped out.
Other features of monpolistically competitive firms are:
1. They sell differentiated products
2. They set the prices for their goods and services
3. They have a downward sloping demand curve.
Answer: Option (A)
Explanation:
Crisis management is known as or referred to as process through which the organization tends to deal with the unexpected and disruptive event which mostly threatens in order to harm an organization or the stakeholders. The crisis management is considered and known to be one of the most important and vital process in the public relations.
C. lenders will write debt contracts that restrict certain activities of borrowers
In cases like this, the most common is that contracts include restrictive agreements that limit the debtor's behavior, so it is common for him to be asked for periodic financial statements or direct bank deposits to verify the activities and Debtor Performance
Answer:
$437766.0885
Explanation:
You are required to find how much the company can spend now on new equipment based on spending.
$235,000 one year from now
$355,000 3 years from now
Interest rate = 15% per year
P = $235000(p/f,15%,1) + $355,000(p/f,15%,3)
= 235,000x1.15^-1 + 355000x1.15^-3
= 204,347.826 +233418.2625
= $437766.0885
This is the amount that the company would afford to spend.