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RideAnS [48]
3 years ago
5

Relative to other market structures, perfectly competitive markets have which of the following properties? Correct Answer(s)

Business
1 answer:
nikdorinn [45]3 years ago
4 0

Answer:

Explanation:

Firms are very large relative to the market- INCORRECT, this is a feature of Monopoly market.

Entering and exiting the market are relatively easy - CORRECT, new firms can freely enter the industry or in the long run, an existing firm can freely leave the industry.

Firms are price takers, or they have no control over price- CORRECT ,a single firm in a perfectly competitive market cannot influence the market price through its own independent action. Each firm sells its products at an existing market price.

Firms produce differentiated products- INCORRECT, this is a feature of an Oligopoly market.

Firms produce similar or standardized products- CORRECT, all products are homogeneous.

Firms have significant price control-INCORRECT, this is a feature of Monopoly market.

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Estimates of a stock's intrinsic value calculated with the free cash flow methodology depend most critically on the terminal value used.

What is intrinsic value of stock?

A thing, asset, or financial contract can have intrinsic value if it has some basic, objective value. It may be a good buy or a good sale if the market price is less than that value. There are various approaches for determining a reasonable appraisal of a share's intrinsic value when reviewing equities.

What does terminal value mean?

The worth of a firm, project, or asset after the period for which future cash flows can be predicted is known as its terminal value (TV). After the projected period, terminal value assumes a company will continue to expand at a specific pace indefinitely.

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C. the benefit drived from the product

Explanation:

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The atmospheric pressure at a place is 650 mm of Hg. Convert this pressure
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Presented below is information related to Windsor Company.
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Answer:

Date    Account Titles            Debit         Credit

Oct 1    Cash                          $16,800

                 Common Stock                      $16,800

Oct 2    No journal entry             -                  -

Oct 3    Office Furniture         $2,500

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Oct 6.   Accounts Receivable  $3, 400

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Oct 27   Accounts Payable       $1,100

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Oct 30   Salaries Expense       $2,650

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Kent and Craig, who want to start a horse-training business, spoke to an insurance agent about getting insurance to cover potent
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Answer:

Solution: the answer in delivered in 2 stages because of the character of dualistic problems:-

Part (1)

As Kent and Craig are concerned during a professional with prospective risk and that they wish to hide their prospective accountability. the character of the industry which can be utmost applicable in corporate against the other variety of industry like individual merchant or partnership company because of the subsequent details:-

Reason I: Unrestricted accountability- just in case of insolvency or industry letdown, Kent and Craig don't seem to be obligated to trade their particular resources.

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Part (2)

Wanting to the purposes of Dave and Cindy, the indebtedness corporation is desirable because of the subsequent details:-

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