Answer:
1. The resource demand curve of a firm operating in an imperfectly competitive industry is less elastic than the resource demand curve of a firm operating in a perfectly competitive industry.
2. A firm operating in an imperfectly competitive industry is less responsive to resource price changes than a firm operating in a perfectly competitive industry.
Explanation:
In an imperfectly competitive industry, the goods and services are heterogeneous, with few sellers and buyers, competition for market share, and the sellers are not price-takers. Since they are not identical, and sellers are not price-takers as in a perfectly competitive market, the sellers can increase prices when a resource price (cost) has increased, and still they earn economic profits. However, their ability to earn profits will depend on the quantities of goods produced and sold.
Answer:
$190.64
Explanation:
Data provided in the question:
Current selling price of shares = $180 per share
Dividend paid = $10.18
Expected growth rate, g = 6% = 0.06
Required rate of return, r = 12% = 0.12
Now,
The dividend for the following year to the next year, D1 = $10.18 × (1 + g)ⁿ
here, n = 2 ( i.e the duration of next year and the following year )
thus,
D1 = $10.18 × (1 + 0.06)²
or
D1 = $11.438
Therefore,
Price of stock one year from now = 
= 
= 190.637 ≈ $190.64
Answer:
At 10 robot hours producing 50 sprocket It maximizes his profit to $ 6,100
At a price of 50 per sprocket Casey will drop production to 10 where it can still earn a gain of 100 dollars.
Explanation:
K = 10
MC = 50(q/k) = 50(q/10)
The profit maximization point is that marginal cost = marginal revenue
MR = 250
MR = MC
250 = 50(q/10)
250/50x10 = q = 50
Revenue: 250 x 50 = 12,500
Cost: (25q^2)/K+15K = 25(50^2)/10 + 15*10
C = 6,250 + 150 = 6,400
Profit: 12,500- 6,400 = 6,100
If price drops to 50 and already hired 10 robo hours:
Then:
50 = 50(q/10)
50/50*10 = q = 10
Revenue: 50 x 10 = 500
Cost (25q^2)/K+15K = 25(10^2)/10 + 15*10
C = 250 + 150 = 400
Profit: 500 - 400 = 100
Answer: Projects that arise as a result of problems and directives must be resolved quickly to avoid hurting an organization's business. The organization should complete low-priority projects before high-priority ones, if the low-priority ones take less time.
Explanation:
