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Ivahew [28]
3 years ago
5

True/False/Explain – If all production processes were subject to constant returns to scales for all output levels, monopolistic

competition would not lead to the problem of “excess capacity”.
True/False/Explain – Monopolistic competition is characterized by free entry and exit so in the long run, there is no deadweight loss associated with this market structure.
Business
1 answer:
Elena L [17]3 years ago
4 0
The answer is true okay!
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Dietterich Electronics wants its shareholders to earn a return of 15​% on their investment in the company. At what price would t
Tema [17]

Answer:

(a) price stock need =  $1.667

(b) price stock need =  $6.667

(c) price stock need =  $11.667

(d) price stock need =  $16.667

Explanation:

given data

return =  15​% = 0.15

to find out

what price would the stock need to be priced today

a. ​$0.25 constant annual dividend​ forever?

b. ​$1.00 constant annual dividend​ forever?

c. ​$1.75 constant annual dividend​ forever?

d. ​$2.50 constant annual dividend​ forever ?

solution

(a) price stock need = \frac{0.25}{0.15}

(a) price stock need =  $1.667

(b) price stock need = \frac{1.00}{0.15}

(b) price stock need =  $6.667

(c) price stock need = \frac{1.75}{0.15}

(c) price stock need =  $11.667

(d) price stock need = \frac{2.50}{0.15}

(d) price stock need =  $16.667

3 0
3 years ago
The balance of an account is determined by
AlladinOne [14]

Answer:

(B) adding all of the debits, adding all of the credits, and then subtracting the smaller sum from the larger sum

Explanation:

While calculating the closing balance of any account,

There includes two possibilities that the account might have debit balance or the account might have credit balance. And for computing this:

All the debits shall be accumulated and then their total shall be computed.

Similarly, all the credits shall be accumulated and their total shall be done.

Which ever is more then the account will have that nature of balance, accordingly the smaller shall be deducted from the larger one and the larger one will decide the nature of balance whether debit or credit.

4 0
3 years ago
Developing an understanding of cultural implications can greatly improve workplace interactions in the long run, resulting in im
skelet666 [1.2K]

Developing an understanding of cultural implications can greatly improve workplace interactions in the long run, resulting in improved relationships with suppliers, customers and employees.

<h3>What are cultural implications?</h3>

The impacts of a policy, event, activity or movement on a particular culture are referred to as cultural implications.

External and internal events can weaken, change, or reinforce specific parts of a culture, affecting the success of cultural globalization.

In the long term, developing a cultural knowledge can considerably improve workplace interactions, resulting in improved connections with suppliers, customers, and employees.

Therefore, option D is correct.

To learn more about the cultural implications, refer to:

brainly.com/question/15373432

#SPJ1

3 0
2 years ago
When poor performance is attributed to a lack of knowledge, team members are most likely to respond by
k0ka [10]

It should be noted that when poor performance is attributed to a lack of knowledge, it's important to undergo training.

<h3>What is training?</h3>

Training simply means the act of teaching an individual a particular skill. This is necessary in organizations to achieve the goals.

When poor performance is attributed to a lack of knowledge, team members are most likely to respond by undergoing training. This will give them the required knowledge.

Learn more about training on:

brainly.com/question/26270137

5 0
2 years ago
Break-Even Sales Under Present and Proposed Conditions
solong [7]

Answer:

<h3>Portmann Company</h3>

1. Total variable costs = $89,000,000

Total fixed costs = $40,600,000

2. a Unit variable cost = $89

b. Unit contribution margin = $100

3. Break-even sales (units) = Fixed cost/Contribution margin per unit

= $40,600,000/$100

= 406,000 units

4. Break-even sales (units) = Fixed cost/Contribution margin per unit

= $45,100,000/$100

= 451,000 units

5. Break-even sales (units) to achieve target profit = (Fixed cost + Target Profit)/Contribution margin per unit

= ($45,100,000 + $59,400,000)/$100

= 1,045,000 units

6. Maximum operating income possible with the expanded plant is:

= $61,900,000

7. Operating income if the proposal is accepted and sales remain at the current level is:

= $54,900,000

Explanation:

a) Data and Calculations:

Sales volume during current year = 1,000,000

Sales price per unit during current year = $189

Income statement is as follows:

Sales                                $189,000,000

Cost of goods sold           (101,000,000)

Gross profit                      $88,000,000

Expenses:

Selling expenses             $16,000,000

Administrative expenses  12,600,000

Total expenses                (28,600,000)

Operating income          $59,400,000

                                      Variable    Fixed

Cost of goods sold           70%        30%

Selling expenses              75%        25%

Administrative expenses 50%        50%

Total variable costs for the current year:

                                      Variable  

Cost of goods sold           70% * $101,000,000 = $70,700,000

Selling expenses              75% * $16,000,000 =     12,000,000

Administrative expenses 50% * $12,600,000 =      6,300,000

Total variable costs = $89,000,000

Variable unit cost = $89 ($89,000,000/1,000,000)

Contribution per unit = $100 ($189 - $89)

Total fixed costs for the current year:

                                          Fixed

Cost of goods sold             30% * $101,000,000 = $30,300,000

Selling expenses                25% * $16,000,000  =      4,000,000

Administrative expenses   50% * $12,600,000 =       6,300,000

Total fixed costs =  $40,600,000

Projected sales for the next year = $202,230,000 ($189,000,000 + $13,230,000)

Percentage Increase in sales for the next year = $13,250,000/$189,000,000 * 100 = 7%

Fixed costs caused by expansion = $4,500,000

Total fixed costs = $45,100,000 ($40,600,000 + $4,500,000)

Variable costs = $95,230,000 ($89,000,000 * 1.07)

Contribution margin:

Sales                                $202,230,000

Variable costs                      95,230,000

Contribution margin        $107,000,000

Expenses:

Fixed costs                          45,100,000

Operating income            $61,900,000

Sales volume = 1,070,000 units (1,000,000 * 1.07)

Contribution per unit = $107,000,000/1,070,000 = $100

Sales at current level:

Sales                                $189,000,000

Variable costs                     89,000,000

Contribution                    $100,000,000

Fixed costs                          45,100,000  

Operating income           $54,900,000

6 0
2 years ago
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