Compared to a purely competitive firm in long-run equilibrium, the monopolistic competitor has a higher price and lower output.
<h3>
When a monopolistic competitive firm is in long-run equilibrium?</h3>
Long Run Monopolistic Competition Equilibrium: Over the long run, a company in a market with the monopolistic competition will produce several items at the point where the long-run marginal cost (LRMC) curve crosses the marginal revenue curve (MR). Where the quantity produced lies on the average revenue (AR) curve will determine the pricing.
<h3>
What ultimately transpires to a monopolistic rival?</h3>
Long-term economic gains or losses in monopolistic competition will be removed by entry or leave, leaving firms with no economic gains. There will be some excess capacity in a monopolistically competitive business; this could be seen as the price paid for the variety of products that this market structure brings about.
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Answer:
C. NPV is the discounted present value of a project's expected future accounting net income at the required return, subtracting the initial investment.
Explanation:
NPV means Net Present Value, this is calculated by computing the present value of cash returns and not the accounting income, as accounting income takes in account non cash items also, although while computing returns the non cash transactions are not considered.
Therefore the chosen statement which states about accounting income less initial investment is false as even in case the project requires additional mid term investment then that is also considered.
Thus, false statement is
Statement C
I would be great for this job because, I work well with others and believe in making compromises and working together!
I'm very hands on with most things, I catch on quickly and am willing to do anything it takes to achieve the higher goal.
(Only two i can come up with.)
A common market also called a trading bloc is a regional group of countries with a common external tariff, no internal tariffs, and coordinated laws to facilitate exchange among members. A legal agreement that creates a collection of nations that adopt a common external tariff is known as a common market.
In a common market, nations also permit free commerce as well as the free movement of capital and labor inside the group. The goal of common markets is to encourage the free flow of people, capital, products, and services between the member states. Common markets can be discovered on a regional or international scale.
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Answer:
d.High inventory turnover and low gross margin
Explanation:
Inventory Turnover Ratio is ratio of 'cost of goods sold' to 'average inventory level'. Gross margin is the difference between net sales revenue & c.o.g.s
A small pizza restaurant, by Martinelli sisters, would be expected to have :
- High Inventory Turnover : It reflects that inventory is quickly converted into liquid cash, & there is less average inventory level management. Both these aspects are applicable to the pizza restaurant
- Low Gross Margin : Being a small restaurant, it is less likely to have competitive, high price charge advantage. So, the gross margins are expected to be low.
