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GalinKa [24]
3 years ago
9

A sudden fall in the market demand in a competitive industry leads to a. A short run market equilibrium price lower than the ori

ginal equilibrium b. A market equilibrium price higher than the short run price c. Some firms exiting the market d. All of the above
Business
1 answer:
ratelena [41]3 years ago
7 0

Answer:

The answer is C. Some firms exiting the market

Explanation:

When there is a sudden fall in the market demand in a competitive industry(e.g perfect competition) some firms would making economic losses and it is best if they shut down operation and production. Once these happen, they exit the market.

Option A is incorrect . Same as option B.

Option D is also incorrect

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Answer:

See below

Explanation:

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3 years ago
An employee has a claim on the cash flows of Martin’s Machines. This claim is defined as a claim by one of the firm's:
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Answer:

Stakeholder

Explanation:

The stakeholders are the people and group that has an interest in the company and it directly gains or suffered from the actions that are taken by the company

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Here in the given situation, the employee has a claim on the cash flows so this represents the stakeholder

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During a certain year, the nominal interest rate was 7 percent, the real interest rate was 4 percent, and the CPI was 198.3 at t
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Answer:

CPI at the beginning of the year = 192.52

Explanation:

given data

nominal interest rate = 7 percent

real interest rate = 4 percent

CPI = 198.3

to find out

CPI at the beginning of the year

solution

we know that according to fisher equation

1 + r = \frac{1+n}{1+i}    ....................1

and for smaller values is equivalent to r

r = n - i           .....................2

here r is real interest rate and n is nominal interest rate and i is inflation rate

so from equation 2

4 = 7 - inflation rate

inflation rate = 3 percent

so

Rate of inflation = (CPI at the end of the year - CPI at the beginning of the year) × 100 ÷ CPI at the beginning of the year

put here value

3% = (198.3 - CPI at the beginning of the year) × 100 ÷  CPI at the beginning of the year

CPI at the beginning of the year = \frac{19830}{103}

CPI at the beginning of the year = 192.52

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Your project is split into two teams across two different continents. They understand the work to be completed, as well as commu
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What are the disadvantages of centralization of authority
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abuse of authority.

not smooth functioning.

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