In the long run, the price charged by a monopolistically competitive firm seeking to maximize profit will <u>exceed MC but equal ATC</u>.
<h3>What is monopolistic competition in the long run?</h3>
Long-term Monopolistic Competition In contrast to perfectly competitive firms, monopolistically competitive firms ultimately decide on an output level below their minimal efficient scale, denoted in Figure as point b. The firm is underutilizing its available resources when it produces below its minimum efficient scale.
<h3>What is excess capacity of a monopolistically competitive firm?</h3>
surplus capacity in contrast to perfectly competitive firms, monopolistically competitive firms ultimately decide on an output level below their minimal efficient scale, denoted in Figure as point b. The firm is underutilizing its available resources when it produces below its minimum efficient scale.
<h3>What are the conditions for price to be equal to cost?</h3>
Price times quantity produced must be more than total variable costs for a certain level of output in order to prevent the short-term failure of the business. Price could be larger than, lower than, or equal to the average overall cost.
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Answer: $1,288,000
Explanation:
The amount should the company record as compensation expense for the year ended December 31, 2022 will be calculated thus
Number of RSUs = 300,000
Market price of shares = $14
Term of RSUs = 3 years
The compensation expense for year 1 which is 2021 will be:
= [(300,000 × $14) × 1 / 3] - $0
= $1,400,000
The compensation expense for year 2 which is 2022 will be:
= [(288,000 × $14) * 2 / 3] - $1,400,000
= $2,688,000 - $1,400,000
= $1,288,000
Therefore, the amount should the company record as compensation expense for the year ended December 31, 2022 will be $1,288,000
Note that the number of RSUs in 2022 was calculated as:
= 300,000 × (100% - 4%)
= 300,000 × 96%
= 288,000
Answer:
The correct option is D,form a corporation
Explanation:
The rationale for my choice of answer is that limited liability applies to a corporation which is found in other types of businesses.
Limited liability is a concept which implies that the liability of shareholders in a limited liability company is limited to the amount contributed to the business by a way of shares held in the company.
When a company runs into debt,the shareholders would not be required to make up such debts from their private pockets,hence Harry and Meghan personal effects are secure.
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Answer:
The correct answer is B
Explanation:
FEMA stands for Federal Emergency Management Agency, it is an agency which is responsible for coordinating the response of the federal government to the disasters which can be manmade or natural.
So, FEMA is responsible for the coordinating the Federal resources which support the Tribal, Local and State efforts when there is Federal emergency is declared.