1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ket [755]
4 years ago
9

Explain why a perfectly competitive firm does not expand its sales without limit if its horizontal demand curve indicates that i

t can sell as much as it desires at the current market price.
Business
1 answer:
Vika [28.1K]4 years ago
6 0

Answer:

This is because if they keep on increasing their output they run into increasing marginal costs and/or they run out of capacity.

In the sort run, firms can not increase their output without limit.  If they do, they will increase their marginal costs.  This is because they will start to outstrip their capacity to produce.  Since we are talking about the short run, they will not be able to increase that capacity.

You might be interested in
Central Park Inc. is a company that sells women's clothing. It recently shut down its physical store and is operating as an app-
love history [14]

Answer:

M-commerce

Explanation:

Since in the given situation it is mentioned that Central Park Inc sells the women clothing and currently they shut down the physical store and they are operated now through app based. With this feature, anyone could access anywhere via using the mobile phones also at the same time the customer compared the prices

So this situation represent the mobile commerce or M -commerce as the people can access this from anywhere at any time, it is easy to use also it save the cost and time

7 0
3 years ago
Which of the following is an advantage of operating a business as a private limited company?
ss7ja [257]

Answer:

a. It is easier to raise finance as the business can sell shares.

Explanation:

A private limited company can be defined as a type of legal hybrid-business structure that can combine both partnership and corporation form of business, and the owners are only responsible for its debts with respect to the amount of capital they have invested.

Some of the characteristics (features) of a private limited company include;

I. Shares can be issued by the private limited company to raise capital.

II. All the shareholders (owners) of a private limited company have limited liability.

III. After the death of a shareholder, a private limited company will continue to operate its business.

An advantage of operating a business as a private limited company is that it is easier to raise finance as the business can sell shares.

However, one of the disadvantages of a private limited company is that the general public are able to view a summary of their business accounts.

6 0
3 years ago
Programming languages used to create artificial intelligence and expert system applications are often called _____
SSSSS [86.1K]
<span>Programming languages used to create artificial intelligence and expert system applications are often called fifth generation languages. This programming language works by solving using the restrictions given to the program unlike the conventional method of using an algorithm developed by a programmer.</span>
8 0
3 years ago
Exhibit 4.1 The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges
yuradex [85]

Answer:

Koski Inc.

Quick Ratio:

Quick Ratio = (Current Assets - Inventory) divided by Current Liabilities

Quick Ratio = $(23,595 - 12,480) / $(17,160 -5,460)

Quick Ratio = 11,115 / 11,700 = 0.95

Explanation:

The quick ratio is a financial metric that shows the short-term liquidity position of a company.  It measures the company's ability to settle its short-term obligations using its most liquid current assets.  The most liquid assets are cash and near cash current assets.

Inventory is always removed in calculating the most liquid current assets.  Inventory will take some time before it can be converted to cash or near cash, given the cash conversion cycle.

The quick ratio is also called the acid-test ratio.  It is also considered as more conservative than the current ratio which measures the coverage of current liabilities by all current assets, including inventory.

In our workings, we eliminated inventory from current assets.  We also eliminated notes payable which would be rolled over the next year.

4 0
3 years ago
IPOs are associated with several puzzles: IPOs are underpriced on average; new issues are highly cyclical; transaction costs of
goblinko [34]

Answer:

Explanation:

Firms still choose to go for an IPO for the following reasons;

1. Majorly, it is a means of generating revenue. Revenue is generated when stocks are sold to the public.

2. It is also a means of reducing risk, The cost of running the business is spread across many investors, so is the risk.

3. There is reduction of the overall cost of capital and gives the company a more solid standing when negotiating interest rates with banks.

4. Companies can easily offer up stocks instead of cash in the acquisition of other companies or in the case of mergers.

5. Having stocks listed on NSE is a means of public exposure

Investors choose to buy stocks of IPO firms because the initial offering is usually at a low rate since the firm is still small and relatively unknown. This stocks bought at a cheap rates have the chance of rising thus generating gains for the investors.

5 0
3 years ago
Other questions:
  • A company has net sales of $752,000 and cost of goods sold of $543,000. its net income is $17,530. the company's gross margin an
    7·1 answer
  • Which term describes a country's transfers of money to buy stocks and bonds?
    7·1 answer
  • exxon mobile corporation explores, produces, refines, markets, and supplies crude oil, natural gas, and petroleum products in th
    12·1 answer
  • Which of the following directly influences an employee's voluntary behavior and performance?
    14·1 answer
  • Fess Hardware Store had net credit sales of $8,500,000 and cost of goods sold of $5,000,000 for the year. The Accounts Receivabl
    12·1 answer
  • ________ is advisable for all marketing communications to ensure that messages will be decoded properly. Use of an observable re
    6·1 answer
  • Having worked professionally for 10 years, Tom and Kate have decided to start a new franchise. Considering their background, a d
    14·1 answer
  • HELPPPP!!!! WILLL GIVE BRAINLEST!!!
    13·2 answers
  • Growth, stability, and defensive strategies are common ________ strategies.
    7·1 answer
  • 1
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!