Answer:
The correct answer is option C.
Explanation:
A perfectly competitive firm faces a perfectly elastic demand curve. In a perfectly competitive market, there is a large number of buyers and sellers, such that no single firm is able to affects the price or output level. The demand curve faced by a single firm is a horizontal line.
The market demand curve, on the other hand, is downward sloping. So whatever be the market elasticity of demand, the elasticity of individual firm will be infinite.
Answer:
$481,000
Explanation:
Bond issue costs are either direct or indirect costs:
- direct costs include underwriting fees, listing fees, professional fees, compliance costs and other costs related to the IPO or APO (secondary issues), e.g printing costs
- indirect costs include underpricing costs (IPO pricing is too low) and loss of proprietary information
Total bond issue costs = $22,000 + $170,000 + $9,000 + $280,000 = $481,000
A monopoly firm's use of a tariff provides it with additional protection because the tariff reduces competition from imports by raising the import price.
Option C
<u>Explanation:</u>
A monopoly business is a price-maker, even through the amount, it generate it can control the market rate. When selling less and it can sell far less and can sell more and sell just because the price drops. when making less because it can sell more.
This is due to the fact that the tariff basically transfers the profits out of the international monopolist to the national government.
The monopolist's revenues are limited to an amount provided by the Horizontal stripe when the tax is introduced. Therefore, the tariff increases the total domestic social security as it reduces the profits of the foreign company.
Groups of related business activities such as the acquisition of merchandise and payment of vendors are called transaction cycles.
A transaction cycle is an interlocking set of business transactions. Most of those transactions may be aggregated into a comparatively small number of transaction cycles associated with the sale of products, payments to suppliers, payments to employees, and payments to lenders.
A transaction cycle is a set of accounting transaction that happens in a very normal sequence as an example a sales transaction is followed by shipping transaction, a billing transaction, and a cash receipts transaction.
Therefore, there are four transaction cycles which are the following:- Financial cycle, expenditure cycle, revenue cycle, conversion cycle.
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The home loan must be repaid at a real interest rate of 3%; (8.5%-5.5%=3%).
<h3>Real interest rate </h3>
A real interest rate is adjusted to remove the effects of inflation and gives the real rate of a bond or loan. A nominal interest rate refers to the interest rate before taking inflation into account.
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