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Aleonysh [2.5K]
3 years ago
14

A firm facing a price of $10 in a perfectly competitive market decides to produce 100 widgets. If its marginal cost of producing

the last widget is $12 and it is seeking to maximize profit, the firm should ______.
Business
1 answer:
wel3 years ago
8 0

Answer:

produce fewer widgets until the marginal cost = $10

Explanation:

In a perfectly competitive market, all suppliers and consumers are price takers, so this company cannot increase its price so that it matches its marginal cost. Therefore, the only option it has is to try to lower its marginal cost is by lowering total production.

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Using the dividend growth model, explain why a firm would be hesitant to reduce the growth rate of its dividends.
Anna007 [38]

Answer:

If a firm decreases its sustainable growth rate (g), the price of their stock will probably decrease. I will use the following example:

P₀ = Div₁ / (Re - g)

  • Div₁ = $2
  • Re = 12%
  • g = 5%

P₀ = $2 / (12% - 5%) = $28.57

if the growth rate g decreases to 2%, and the rest remains unchanged, then

P₀ = $2 / (12% - 2%) = $20

4 0
3 years ago
The sum of all the federal deficits over time is known as the
Shkiper50 [21]
<span>The sum of all the federal deficits over time is known as the "national debt".
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National debt refers to the total of all exceptional debt owed by the government. It incorporates the cash the legislature has obtained, as well as the interest it must pay on the acquired cash. The administration strays into the debt when it doesn't gather enough income to cover the costs it brings about from spending on projects, for example, the military, or building streets and extensions. The incomes originate from corporate and salary charges, and the expenses the legislature forces, for example, for visas and travel permits, student loans, and admission to national parks.
7 0
3 years ago
Jay-cee corporation had 20,000 shares of $4 par value common stock outstanding on january 1. on january 20, the company purchase
Tatiana [17]
19000 x 5 = $95,000 total to common
3 0
3 years ago
Salmon, Incorporated issues 500,000 shares of preferred stock for $60 a share. The stock has a fixed annual dividend rate of 5%
azamat

If sufficient dividends are declared, preferred stockholders can anticipate receiving annual dividends of: $0.90 per share.

Using this formula

Annual dividends= Par value × Fixed Annual dividend rate

Where:

Par value= $18 per share

Fixed Annual dividend rate= 5% or 0.05

Let plug in the formula

Annual dividends= $18 per share × 0.05

Annual dividends= $0.90 per share

Inconclusion if sufficient dividends are declared, preferred stockholders can anticipate receiving annual dividends of: $0.90 per share.

Learn more about annual dividend here:brainly.com/question/25557702

4 0
3 years ago
Which Command Staff member approves the Incident Action Plan and all requests pertaining to the ordering and releasing of incide
____ [38]

Answer: Incident commander

Explanation: Incident commander is that individual on whose authority, the whole team responding to an incident will act. Incident commander is responsible for setting priorities and objectives while acting on an incident.

These types of designations are usually given to the heads of relief teams acting on some disaster or natural calamity.

Hence from the above we can conclude that the right option is D.

4 0
3 years ago
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