1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nana76 [90]
4 years ago
9

Assume that the market for soybeans is perfectly competitive. Currently, firms growing soybeans are experiencing economic profit

s. In the long run, we can expect _____.
(A) new firms to enter, causing the market price of soybeans to decrease.
(B) new firms to enter, causing the market price of soybeans to increase.
(C) some firms to exit, causing the market price of soybeans to decrease.
(D) some firms to exit, causing the market price of soybeans to increase.
Business
1 answer:
slava [35]4 years ago
7 0

Answer:

Option (A)

Explanation:

In a perfectly competitive market condition, there are large number of buyers and sellers. The price of the products is determined by the market forces. If the firms in this market experiencing the economic profits then this will give an incentive to the new firms to enter into the market of soybeans.

Therefore, the new enters to earn profits and hence there is an increase in the number of firms in the market. This will lead to a decrease in the market price of the soybeans because of the increased competition among the firms.

You might be interested in
High government expenditures can lead to a bigger
REY [17]

Answer:

deficit.

Explanation:

The term deficit describes the scenario where government expenditures exceed the projected revenues.  It is when the government intends to spend more money than it can raise.  Therefore, a deficit is when the government expenses are more than the revenue collected.

Defic contrasts with a surplus, which is a situation where revenues exceed expenses. The government borrows from the domestic and international markets to cover the shortfall associated with a

4 0
3 years ago
Read 2 more answers
​Greystone Group is looking to purchase Heartland Hotels, Inc. Greystone plans to use $5 million in cash and finance $20 million
kramer

Answer:

Leverage buyout

Explanation:

Leverage buyout refers to the acquisition of another company using debt as the main source of financing the deal. The acquiring company borrows from various sources and will often use the assets of the acquired company as collateral. In leverage buyout, the acquiring entity borrows up to 80 percent or more and finances the balance with its equity.

The use of debt enhances the rate of return of the acquiring firm. Greystone Group is using 5 million of its funds and borrowing 20 million. The debts represent 80 percent of the cost of acquisition. The acquiring entity can achieve a higher rate of return by using as little of its funds as possible.

5 0
4 years ago
Which loan type allows you borrow up to the cost of attendance, minus other aid you have received?.
nikdorinn [45]

A subsidized loan is such a loan where the borrower is allowed to borrow up to the cost of attendance less any other aids received.

<h3>What is a subsidized loan?</h3>

A type of education or student loan where the amount to be borrowed is determined as per the cost of the student's attendance, which is subtracted from other financial benefits received in this regard, is known as a subsidized loan.

Hence, subsidized loan is explained as above.

Learn more about subsidized loans here:

brainly.com/question/2256061

#SPJ1

4 0
2 years ago
Some of the weaknesses of decision-making are related to:
Pavlova-9 [17]
It can be related to unqualified management. 
8 0
3 years ago
Departmental contribution to overhead is calculated as the amount of sales of the department less: Direct and indirect costs. Pr
GuDViN [60]

Answer:

Direct expenses.

Explanation:

The departmental contribution is determined by deducting the direct expense from the amount of sales  

In mathematically,

The following formula should be used  

Departmental contribution = Department revenues - direct expense

Here The expenses to be - rent, utilities, taxes, insurance, etc

ANd, It is arrive after paying off the direct expenses that related to the overhead.

4 0
3 years ago
Other questions:
  • What are four causes of loss in job satisfaction?
    14·2 answers
  • ____ provides updated traffic reports that highlight routes with congestion, construction, or accidents that might cause delays.
    8·1 answer
  • The term “aging” can be divided into distinguishing between external or environmentally. what is the term that refers to decline
    10·2 answers
  • A concentration ratio indicates the:
    9·1 answer
  • Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an in
    10·1 answer
  • Kwik Pix is a large digital processing center that serves 130 outlets in grocery stores, service stations, camera and photo shop
    11·1 answer
  • Walnut has forecast sales for the next three months as follows: July 4,900 units, August 6,900 units, September 8,000 units. Wal
    11·1 answer
  • The producers of Power Drink promote their drink over Energy Plus Drink in their advertisements. This type of advertisement is r
    14·2 answers
  • Due to labor-market regulations that make it difficult for young workers to break into the labor force, Spain has the highest le
    12·1 answer
  • What is the solutions of emotional differences?​
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!