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liubo4ka [24]
3 years ago
11

If the profit-maximizing markup factor in a 3-firm cournot oligopoly is 2, what is the corresponding market elasticity of demand

?
Business
1 answer:
AVprozaik [17]3 years ago
3 0

what are the choices?


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Forest ranger in Arizona and New Mexico in the early 1900s who advocated preservation of nautre's integrity. He wrote "...to kee
GenaCL600 [577]

Forest ranger in Arizona and New Mexico in the early 1900s who advocated preservation of nautre's integrity. He wrote "...to keep every cog and wheel is the first precaution of intelligent tinkering..." also known as the Land Ethic

B. Aldo Leopold

Explanation:

  • Forest ranger in Arizona and New Mexico in the early 1900s who advocated preservation of nautre's integrity. He wrote "...to keep every cog and wheel is the first precaution of intelligent tinkering..." also known as the Land Ethic
  • B. Aldo Leopold
  • Aldo Leopold is the only person who has said this line. It is also related to the facts given that Aldo was considered by many  as the of wildlife management.
  • he also had long arguement about that wilderness was vitally important to protect both for and from humans.

8 0
3 years ago
Read 2 more answers
At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $195,000 and Total Liabilities of $75,000.
olchik [2.2K]

Answer:

The answer is: Equity at the end of the year will be $123,000

Explanation:

At the beginning of the year the balance sheet was as following:

assets $195,000                   liabilities $75,000

                                              equity $ 120,000

Then during the year the income statement is:

  • total revenues $226,000
  • <u>total expenses $175,000  </u>
  • net income       $ 51,000 (this increases assets and equity)

If the owners withdrew $48,000, then cash and equity will decrease.

The ending balance for the year:

assets $195,000 + $51,000          liabilities $75,000

           -$48,000 =                         equity $120,000 + $51,000 - $48,000 =

           $198,000                                       $123,000

5 0
3 years ago
A customer opens a short margin account by selling short 600 shares of XYZ stock at $80 per share and deposits the required marg
astra-53 [7]

Answer:

It will increase by 50%

Explanation:

Equity is given as: credit - short market value.

Find attached below table of solution

4 0
3 years ago
Soccer Wholesale purchased land and a warehouse for $990,000. In addition to the purchase price, Soccer Wholesale makes the foll
Elan Coil [88]

Answer:

Cost of land= $1,124,100

Explanation:

<em>According to International accounting standards(IAS) 16 ,The cost of land includes purchase cost plus all other costs necessary to bring and make it ready for the intended use. </em>

<em>These costs include purchase cost, fees and commission associated with the purchase transaction. </em>

Further more, included in the historical cost are the net demolition cost of old structure to prepare the land for use. Net cost here means cost of demolition less any incidental proceed from the old structure.

However, remember that land is not depreciated because it has an infinite life span.

So using the historical cost principle the cost of the land

Cost of land = 990,000 + 49,600 +2300 + 6, 900 + 75,300=  1,124,100.00

Cost of land= $1,124,100

6 0
3 years ago
7. Identifying costs of inflation Bob manages a grocery store in a country experiencing a high rate of inflation. He is paid in
stiks02 [169]

Answer:

Shoe-leather Costs.

Explanation:

In this scenario, Bob manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash twice per month. On payday, he immediately goes out and buys all the goods he will need over the next two weeks in order to prevent the money in his wallet from losing value.

What he can't spend, he converts into a more stable foreign currency for a steep fee. This is an example of the Shoes-leather costs of inflation.

A Shoe-leather costs refers to the costs of time, energy and effort people expend to mitigate the effect of high inflation on the depreciative purchasing power of money by frequently visiting depository financial institutions in order to minimize inflation tax they pay on holding cash.

Metaphorically, it ultimately implies that in order to protect the value of money or assets, some people wear out the sole of their shoes by going to financial institutions more frequently to make deposits.

Hence, Bob is practicing a shoe-leather cost of inflation so as to reduce the nominal interest rates.

5 0
3 years ago
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