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velikii [3]
3 years ago
13

As a result of increased competition​ (higher number of firms n​) in a monopolistically competitive​ industry, A. low minus cost

firms thrive and increase their profits and market shareslow−cost firms thrive and increase their profits and market shares. B. low minus cost firms contract and the lowest minus cost firms exitlow−cost firms contract and the lowest−cost firms exit. C. the vertical intercept of the individual demand curve increasesthe vertical intercept of the individual demand curve increases. D. overall productivity in the industry decreasesoverall productivity in the industry decreases.
Business
1 answer:
erastova [34]3 years ago
5 0

Answer: D, overall productivity in the industry decreases.

Explanation: a producer can gain less market share from a given price cut.

Increased in competition means there are more firms and this will not effect consumers decisions.

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What is the maximum amount a firm should pay for a project that will return $15,000 annually for 5 years if the opportunity cost
vampirchik [111]

Answer:

The firm should pay $46907.57 for the given project.

Explanation:

Given information:

Return = $15000 annually

Time = 5 years

Opportunity cost = 18%

The formula for payment is

PV=R(\frac{1}{OC}-\frac{1}{OC(1+OC)^t})

where, R is return, OC is opportunity cost, t is time in years.

Substitute R=15000, t=5 and OC=0.18 in the above formula.

PV=15000(\frac{1}{0.18}-\frac{1}{0.18(1+0.18)^5})

PV=46907.5653141

PV\approx 46907.57

Therefore the firm should pay $46907.57 for the given project.

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3 years ago
The consumer price index is __
Yanka [14]

Answer:

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Explanation:

The Consumer Price Index refers to a metric used to determine the weighted average price of a set of consumer goods and services, such as food, transportation, and healthcare.  CPI is accountable for monitoring the change in retail prices of fundamental and everyday goods and services purchased by households across the world. Changes in the CPI are required to measure increases in the price of living. The CPI is one of the most commonly used indicators for the detection of inflation or deflation cycles.

7 0
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A liquid asset is one that is easy to cash in.
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Elkland Heating & Cooling installs and services commercial heating and cooling systems. Elkland uses job costing to calculat
andrey2020 [161]

Answer:

Estimated manufacturing overhead rate= $15 per direct labor hour

Explanation:

Giving the following information:

Overhead is allocated to each job based on the number of direct labor hours spent on that job.

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To calculate the estimated manufacturing overhead rate we need to use the following formula:

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Estimated manufacturing overhead rate= 61,500/4,100= $15 per direct tlabor hour

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