Answer:
Option C: Influence the market price of the good as it sells
Explanation:
Market Power is simply when a firm is able to raise price above the equilibrium level by not and without losing all of its customers. It depends on largely on the closeness of substiutes.
A firm has market power if it can Influence the market price of the good as it sells to its customer and can regulate it when necessary.
Answer:
C. all factors of production are variable.
Explanation:
The long run is a time horizon where all factors of production are variable. It is usually the planning period of a firm. In the long run a firm can decide to enter or leave an industry, increase or reduce price and adjust cost of production.
The short run is a time horizon where some factors of production are variable, while at least one factor of production is fixed. Usually a firm cannot adjust production, costs or prices in the short run.
I hope my answer helps you
Answer:
Debt to Equity ratio = 2
Explanation:
The debt to equity ratio is a financial ratio to measure the proportion of debt financing in a company's capital structure in relation to the shareholders' equity. The debt to equity ratio can be calculated as follows,
Debt to Equity ratio = Total Liabilities / Total Equity
To calculate the value of total equity, we will use the basic accounting equation which is,
Total assets = Total Liabilities + Total Equity
60000 = 40000 + Total Equity
Total Equity = 60000 - 40000 = $20000
Debt to Equity ratio = 40000 / 20000
Debt to Equity ratio = 2
Answer:
Additional paid in capital $294,750
Retained earning = $315,000
Explanation:
Given data:
Additional paid in capital
for Atkins = 112,500
for waterson = 15,500
Retained Earning
For Atkins = 315,000
For waterson = 148,200
News shares issued 60,750
Price per share $3
Additional paid in capital will be
= 294,750
Retained earning = 315,000
Answer:
A. consumer surplus that is generated from the introduction of a new product.
Explanation:
The product-variety externality is defined as consumer get the surplus that is generated from the introduction of a new product and entry of a new firm conveys a positive externality on consumers. It arises as new firms offer products that differ from those of the existing firms, however, it does not happen under perfect competition. Competitive market lead to efficient outcomes, unless there are externalities.
