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mestny [16]
3 years ago
9

A perfectly elastic demand function A. shows that a consumer is willing to pay any amount for the product. B. has a marginal rev

enue that is always decreasing. C. is characteristic of an individual firm operating in a perfectly competitive market. D. shows that the individual firm can increase sales by lowering the price of output.
Business
1 answer:
Svet_ta [14]3 years ago
6 0

Answer:

C. is characteristic of an individual firm operating in a perfectly competitive market.

Explanation:

Demand is perfectly elastic if the coefficient of elasticity is infinite. It means thay consumers would only buy at one price. Once that price changes, demand falls to zero.

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply.

If a seller decides to increase the price of his good in a perfect competition, demand falls to zero and reducing price woild lead to losses.

I hope my answer helps you

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Answer:

$15000

Explanation:

All types of bonds have some common characteristics which include;

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- A coupon rate (interest rate).

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The face value of one bond is $1000 so the total value of 300 bonds would be $300,000 (300×$1000). In this example these are redeemable bonds which means Whitefeather Industries would be liable to payback the capital amount of bonds after five years (maturity date).

The coupon rate (i.e interest) is charged on Par value. So the Interest can be calculated as $300,000×10% = $30,000 per year.

In this question interest is payable semi-annually, therefore The amount of interest that occurs on December 31, 2017 is $15000 (For the last six months - July 1st till Dec 31st; $30000×6÷12).

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3 years ago
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Answer:

Strategy she should use is "Maximize Clicks"

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3 years ago
A supply curve​ _______.
photoshop1234 [79]
Supply curve shows when quantity increases the price also increases and vice versa
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EBIT goes from $30M to $33M; Depreciation goes from $10M to $12M; and interest expense goes from $6 M to $8M.1. What is the perc
Alekssandra [29.7K]

Answer:None of the above= 10% and 33.33%

Explanation:

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Explanation:

6 0
3 years ago
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