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
yan [13]
3 years ago
6

Suppose that the price of a bottle of vitamins is $1.73 and that at that price the total quantity demanded by consumers is 75,00

0,000 bottles. how many firms will there be in this industry?
Business
1 answer:
Maru [420]3 years ago
7 0

more firms will be opened than before cause there are more people in the world to buy them

You might be interested in
A $10,000 municipal bond with 10 years to maturity is purchased in the primary market at 105. The bond is sold after 2 years at
Mama L [17]

Answer: B. a 2 point capital gain

Explanation:

Municipal Bonds have to be amortized using the straight-line method and this applied to both newly issued or bonds being traded at a premium.

The bond in question is trading at 105 and so has a 5 point premium which needs to be amortized at 1 point a year for 5 years. As it was bought after two years, the amortization was 2 points which means the cost of the bond should be;

105 - 2 = 103

Yet it was sold for 105. The gain is therefore

= 105 - 103

= 2 point capital gain

7 0
3 years ago
Parne Two large American beer producers have decided to merge and seek government approval. They claim that by joining forces th
leonid [27]

Answer:

The correct answer is letter "A": Beer prices will go down.

Explanation:

Usually, when two large companies merge they take most or almost all part of their market causing a monopoly. This implies the recently-merged company to set the price of the goods according to what they believe is suitable which does not necessarily match with the consumers' expectations. However, for the companies in the case to prove the government that the merger will benefit the economy, they must show that the price of the beer will go down which is the opposite of what is expected under other regular situations.

5 0
3 years ago
At a promotion interview, it is important to ________.
stich3 [128]
Be honest about your qualifications
6 0
3 years ago
Read 2 more answers
ACME Drilling is evaluating an offshore oil-drilling platform for possible impairment. The company estimates the following: book
alekssr [168]

Answer:

ACME Drilling should record impairment loss of $6.9 million

Explanation:

According to GAAP, when the fair value of an asset is below the net carrying amount of that asset ( Asset's historical cost - Asset's accumulated depreciation or the net book value of the asset), the Company should record it as asset impairment loss.

In ACME's case, the net book value is $18.6 million while the estimated fair value is only $11.7 million meaning that the platform is actually worth less than it is recorded on ACME's book. Thus, an impairment loss of $6.9 million should be recorded ( $18.6 million - $11.7 million) to realize the fair value of the oil-drilling platform.

The sum of projected sum of future cash flows in this case is not suitable to be used to determine the oil-drilling platform because it has not been discounted to the present value amount, and also, it is not appropriate under GAAP.

6 0
3 years ago
The SSC Partnership balance sheet includes the following assets on December 31 of the current year:
erastovalidia [21]

The amount and character of Susan's gain or loss from the sale is $10,000 capital loss; $20,000 ordinary income.

<u>Explanation:</u>

Susan's share of unrealized receivables is $20,000 ($60,000 unrealized receivables into 1 by 3 interest). Susan will thus in the books record $20,000 of ordinary income and a $10,000 capital gain.

Susan’s share of unrealized receivable is $ 20000. Susan will recognize $20000 of ordinary income and a $10000 capital gain determined as the differnce the option shall be between the total gain of $30000 and the ordinary income of $20000. The answer from the given option is $10,000 capital loss; $20,000 ordinary income.

7 0
3 years ago
Other questions:
  • For a market to be competitive:a. each buyer and seller is small, relative to the whole market; no single decision-maker has any
    7·1 answer
  • Anders industries currently holds two debts: an $11,000 debt due in 12 months and a $16,000 debt due in 18 months. anders prepar
    13·1 answer
  • What is the first step in consumer decisions-making process?
    6·1 answer
  • You just inherited ?$12 comma 00012,000. while you plan to squander some of it? away, how much should you deposit in an account
    15·1 answer
  • Splish Company provides the following information about its defined benefit pension plan for the year 2017. Service cost $110,00
    13·1 answer
  • Preparing a Direct Labor Budget Patrick Inc. makes industrial solvents. Planned production in units for the first 3 months of th
    9·1 answer
  • The predetermined manufacturing overhead rate for the year was 140% of direct labor cost; employees were paid $17.50 per hour. I
    8·1 answer
  • scenarios as examples of elastic, inelastic, or unit elastic demand. When Ruko, a device used to stream movies at home, increase
    13·1 answer
  • Loudon Company has the following unit costs: direct materials $6, direct labor $3, variable overhead $2, fixed overhead $1. Unde
    13·1 answer
  • Overuse of the priority flag by a business email sender can lead to a reputation as?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!