The prospect of greater market share and setting themselves apart from the competition is an incentive for firms to innovate and make better products. But no firm possesses a dominant market share in perfect competition. Profit margins are also fixed by demand and supply.
A perfectly competitive firm is a price taker, which means that it must accept the equilibrium price at which it sells goods. If a perfectly competitive firm attempts to charge even a tiny amount more than the market price, it will be unable to make any sales.
Perfect competition occurs when there are many sellers, there is easy entry and exiting of firms, products are identical from one seller to another, and sellers are price takers.
The market structure is the conditions in an industry, such as number of sellers, how easy or difficult it is for a new firm to enter, and the type of products that are sold.
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Answer:
D. maintenance
Explanation:
The stages of career development according to Donald Super are divided into 5; the first is the growth stage, the second is exploration stage, the third is establishment and the fourth is the maintenance stage and the fifth is the disengagement stage
In the maintenance stage, the age range is from 45 - 59 years. Such employees are holding on in their chosen profession, the are also updating their skills in that profession (the employee's class to learn how to program the next generation of programmable logic controllers)
Employees in the area of technology in the maintenance stage especially feel like abreast happenings, innovation and development so this pushes them to further develop themselves.
Answer:
The answer is c. They can gauge their success in improving their own value-enhancing contributions to the firm
Answer:
The amount of additional paid-in capital at December 31, 2020 is $97600.
Explanation:
Additional paid-in capital from stock issuance 31400*(13-10) 94200
Additional paid-in capital from treasury stock 3400*(14-13) 3400
Additional paid-in capital at December 31, 2020 97600
Therefore, The amount of additional paid-in capital at December 31, 2020 is $97600.
Answer:
The correct answer is
D) keep old machine and save $580 in equivalent
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