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djverab [1.8K]
4 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]4 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

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Alana, the children's department manager at Shoe Mart, has eight employees in her department, also known as her _________. All o
Leona [35]

Answer: Span of control

Explanation:

Span of control refers to the number of subordinates ir employees controlled by a manager.

Span of control can also be called "management ratio".

Alana's span of control refers to the eight employees that report directly to her as the manager of the children's department.

It is important for an entrepreneur to know their span of control in order to be effective. There is a limit to span of control of a manager or business owners so has to avoid ineffectiveness of the employees.

If the span of control is too large for the manager, it can limit the growth of a business and effectiveness of the manager because they spend more time managing people and they tend to lose focus on the business.

3 0
3 years ago
The term "percentage-above-the-nut" refers to
ASHA 777 [7]

Answer:

c. the profit that the theatre chain will make above its break-even point

Explanation:

Like every business, theatres and theatre chains have cost too, and they have to operate with a profit. After reaching the break-even point (nut), the theatre is covering all of its costs. Every dollar of revenue "above the nut" is <em>a profit.</em>

Subsequently, the theatre's management decides how to distribute the profit, having in mind various stakeholders (distribution firms, exhibition firms...).

7 0
4 years ago
Requisitioning an OTC item to use for script fulfillment included
Nina [5.8K]

Requisitioning an OTC item to use for script fulfillment included is scanning the price barcode in the QT exception screen.

For the fulfillment of medication requests corresponding to included medication units, a system and accompanying technique are offered.

A patient care provider may receive decision data from requisition fulfillment logic to aid in choosing one of a variety of fulfillment venues to fill a specific drug demand.

A requisition router may direct the pharmaceutical request to a particular fulfillment site among the many options.

In respect to the related medication requisitions that they have completed, the fulfillment sites may provide medication requisition metadata (such as information about the preparation and handling of medicine units) to a medication requisition database.

Therefore, scanning the price barcode in the QT exception screen. is the answer.

Learn more about Router:

brainly.com/question/14449935

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8 0
2 years ago
Cullumber Company took a physical inventory on December 31 and determined that goods costing $514,000 were on hand. Not included
Licemer1 [7]

Answer:

The amount that Cullumber should report as its December 31 inventory is $543000.

Explanation:

FOB shipping point means the purchaser gains title to the merchandise at the shipping point, so when Pelzer shipped the goods, they belonged to Stallman.

**FOB destination means the seller maintains title until the merchandise reaches its destination, so since the goods have not reached their destination, the goods still belonged to Stallman

inventory on december 31 = inventory on december 31 + goods in transit purchased FOB shipping point + goods in transit sold FOB destintion

                                            = $514,000 + $7,000 + $22,000

                                            = $543000

Therefore, The amount that Cullumber should report as its December 31 inventory is $543000.

4 0
3 years ago
Lin Corporation has a single product whose selling price is $140 per unit and whose variable expense is $70 per unit. The compan
ivanzaharov [21]

Answer:

The sales unit to achieve a target profit of $6,250 is 545 units

The sales units to achieve to achieve a target profit of $9,400 is 590 units

Explanation:

The quantity at target profit=fixed cost+target profit/contribution per unit

fixed expense=$31,900

target profit $6,250

contribution per unit=$140-$70

                                  =$70

unit sales at a target profit of $6,250=($31,900+$6,250)/$70

                                                             =545  sales units

fixed expenses $31900

target profit of $9400

contribution per unit is $70

unit sales at a target profit of $9,400=($31900+$9400)/$70

                                                            =590 sales unit

8 0
3 years ago
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