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AveGali [126]
3 years ago
8

In 2006, selected new automobiles had an average cost of $16,000. The average cost of those same automobiles is now $28,000. Wha

t was the rate of increase for these automobiles between the two time periods?
Business
1 answer:
larisa [96]3 years ago
7 0

Answer:

Explanation:

%increase is given as = increase/ original prices ×100

Increase = new cost - original cost

The original average cost is $16000,

And the new average cost is $28,000

Then,

Increase = 28000-16000

Increase =$12,000

Then,

%increase=increase/original cost ×100

%increase = 12000/16000 ×100

%increase=75%

The rate of increase of the automobile cost is 75%

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What is the name of the monopolist having a declining long-run average cost throughout the market?
balandron [24]
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3 0
3 years ago
What is the answers please I’m struggling
Dovator [93]

Answer:

a. $288,000

b. $190,000

Explanation:

The Accounting equation: Assets = Liabilities + Equity

a. Assets = Liabilities + Equity

382,000 = 94,000 + Equity

Equity = 382,000 - 94,000

= $288,000

b. Equity as of December 20Y9.

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= $190,000

6 0
3 years ago
here are seven firms in the automobile industry. The market shares of the firms are 34​ percent, 21​ percent, 17​ percent, 9​ pe
Lemur [1.5K]

Answer:

The answer is  "Option 4".

Explanation:

The Herfindahl-Hirschman Index formula:

HHI=s_{12} + s_{22}  + s_{32} + s_{42} +........ + s_{n2}

here sn is the firm n's share of the market proportion represented the society in general number instead of a decimal

Index Herfindahl-Hirschman:

= (34)^2 + (21)^2 + (17)^2 + 92 + 82 + 62 + 52\\\\= 1156 + 441 + 289 + 81 + 64 + 36 + 25\\\\= 2092

Index Herfindahl-Hirschman(Result of the merger, firms with profit margins of 6% and 5% provided market shares of respectively).

= (34)^2 + (21)^2 + (17)^2 + 92 + 82 + 112\\\\= 1156 + 441 + 289 + 81 + 64 + 36 + 121\\\\= 2188

The market with just an HHI of less than 1,500 is called a competitive industry, one on an HHI of 1,500 to 2,500 is called a moderately competitive store, and one on an HHI of 2,500 or higher is considered a highly potent store by us Justice department.

All businesses operate in a moderately crowded market, as well as a merger such as this reduces competition (increases chances of monopoly). Also as result, the Justice Dept may examine its merger but will most likely deny this because the Herfindahl-Hirschman index has risen.

8 0
3 years ago
A firm with $600,000 in sales, cash on hand of $750,000, liabilities of $200,000 and total assets of $1 million has a total asse
RideAnS [48]

Answer:

 Total Asset Turnover = 0.6 times

                       

Explanation:

Total Asset Turnover = $600,000/$1,000,000

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It is an important financial ratio used to understand how well the company is utilizing its assets to generate revenue.

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While winning is not guaranteed, if you shop there a lot, you may be able to get entered several times, increasing your chances of winning, compared to those who may not shop there a lot or even those who do not choose to take the survey.

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Each activity has a specific point amount and they accumulate until you decide that you want to cash them in. Many of these sites give points for online shopping or signing up for offers, but do not sign up and pay for something that you do not really need, since that defeats the purpose.

5. Get paid to write reviews online.
There are websites, like SliceThePie.com, that pay you for reviewing the latest fashions and music. The longer and better your reviews, the more you get paid.

For example, on SliceThePie, while the maximum is typically nine cents per review, there are certain specials that allow you to get paid more. This usually happens on fashion reviews, but some music is occasionally higher paying.

Also, the more stars you have, the more you get paid. Stars are earned through predicting hits. While this is not a means of getting rich quickly, it definitely adds up after you go at it for a while. You can cash out once you reach ten dollars, and you get paid through your PayPal account.

7 0
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