1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
djverab [1.8K]
3 years ago
8

What effect does the entry of new firms have on the economic profits of existing​ firms? When new firms enter a monopolistically

competitive​ market, the economic profits of existing firms
Business
1 answer:
Ronch [10]3 years ago
7 0

Answer:

decrease and demand curve will shift to the left.

Explanation:

When new firms enter a monopolistically competitive​ market, the economic profits of existing firms will decrease. This is because, new firms enter an existing market if they spot a profit opportunity . The entry of these new firms will therefore increase the quantity of products or services supplied in the market which gives consumers more choices and substitutes. As a result, the demand curve of the existing firms will also shift to the left. because their

You might be interested in
describe the efforts that local governments should make to increase local revenue from the tax sector!
Talja [164]

Answer:

I need help too, I'm about to fail this

5 0
3 years ago
The Sisyphean Company's common stock is currently trading for $25.00 per share. The stock is expected to pay a $2.50 dividend at
nalin [4]

Answer:

4%

Explanation:

The Gordon constant growth dividend model =

Value = dividend / cost of capital - growth rate

Subsisting with the values given in the question gives :

25 = 2.5/0.14 - g

To solve for g,

1. multiply both sides by 0.14 - g

25(0.14 -g) = 2.5

2. divide both sides by 25

0.14 - g = 0.10

g = 0.04 = 4%

6 0
3 years ago
Benefits are offered by employers to attract good employees.<br> a. True<br> b. False
elena55 [62]
True.
Companies offers benefits to be able to attract good employees.
As an employee I am aware that most of the employees demands for good benefits and if they no longer like the benefit offered by the company, they leave. That's why in order for a company to avoid that, they make sure to provide competitive benefits to their employees
6 0
3 years ago
Read 2 more answers
Rock Bottom Gold Company recently repurchased 7 million shares of its common stock for $47 per share. The intent of the repurcha
Eddi Din [679]

Answer:

a. Assets = Liabilities  + Stockholder's Equity

Assets = Cash (7,000,000*$47) = -$32,90,00,000

b. Liabilities = No Effect

c. Stockholder's Equity = -$32,90,00,000

5 0
2 years ago
What is my country name? nepal<br>Follow me formore points​
Assoli18 [71]

Answer:

ohhh really I am also from Nepal

Namaste timi Santa bolerw ramro lagyo dhanyabaad!

3 0
3 years ago
Read 2 more answers
Other questions:
  • List one tip someone should follow before investing their money and explain.
    15·1 answer
  • Going directly to a car dealer for a loan keep things simple is a.....
    8·1 answer
  • The blank view in a presentation program displays your slides in full screen mode
    11·2 answers
  • The market price of one package of raspberries sold in a perfectly competitive market is $7. Based on this information, what is
    8·1 answer
  • Economic nationalism called for nations to strike trade deals with other nations colonies
    7·1 answer
  • The budgeted annual cost of operating a post office truck is $5,500 plus $0.50 per mile. In 2008 the truck was to be driven 25,0
    10·1 answer
  • Your cousin is currently 14 years old. She will be going to college in 4 years. Your aunt and uncle would like to have $ 115 com
    13·1 answer
  • Think about the different ways entrepreneurs can start their businesses. Which of the following can an entrepreneur expect when
    14·1 answer
  • A _________ is not a specific security but an arrangement whereby a bank or security dealer sells specific marketable securities
    13·1 answer
  • Puvo, Inc., manufactures a single product in which variable manufacturing overhead is assigned on the basis of standard direct l
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!