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3 years ago

Price in a perfectly competitive industry: Select one:_____

Business

1 answer:

lapo4ka [179]3 years ago

4 0

Answer:

The correct answer is option b.

Explanation:

In a perfectly competitive market or industry, the firms are price takers. The price is determined by the market forces of demand and supply. The individual firms will face a horizontal line demand curve.

This horizontal line represents the demand curve, price line, average revenue, and marginal revenue. The profit is maximized when the marginal cost and marginal revenue is equal to price.

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Mr. Albanese turns to spending hundreds of millions of dollars for water management systems. These systems are to address more i

Veronika [31]

<span>The component of triple bottom line is Economic -- as enabling the business to run.
In the triple bottom line concept, economic refers to environmental policies that will affect Company's financial condition. In this particular case, spending money for water management sysyems will actually financially benefit Mr.albanesse because intense rains wont stunt his bbusiness operations</span>

4 0

3 years ago

Comparing Three Depreciation Methods Waylander Coatings Company purchased waterproofing equipment on January 6 for $502,200. The

jeyben [28]

Answer:

Please find the complete question in the attached file.

Explanation:

$Year\ \ \ \ \ \ \ \text{Straight - line method} \ \ \ \ \ \ \text{Units-of-Activitymethod}\ \ \ \ \ \ \text{Double-declining-balance method}\\\\$ $1\ \ \ \ \ \ \ \ \$211,200\ \ \ \ \ \ \ \ \$316,800\ \ \ \ \ \ \ \ \$460,400\\\\2\ \ \ \ \ \ \ \ \$211,200\ \ \ \ \ \ \ \ \$264,000\ \ \ \ \ \ \ \ \$230,200\\\\3\ \ \ \ \ \ \ \ \$211,200\ \ \ \ \ \ \ \ \$149,600\ \ \ \ \ \ \ \ \$115,100\\\\4\ \ \ \ \ \ \ \ \$211,200\ \ \ \ \ \ \ \ \$114,400\ \ \ \ \ \ \ \ \$39,100\\\\$

$Total\ \ \ \ \ \ \ \ \$844,800\ \ \ \ \ \ \ \ \$844,800\ \ \ \ \ \ \ \ \$844,800\\\\$

7 0

3 years ago

River rock, inc. just paid an annual dividend of $2.80. the company has increased its dividend by 2.5 percent a year for the pas

belka [17]

The answer to this should be 24.65.
I could be wrong but I think you are suppose to add.

Hope this helped :)
Have a great day

5 0

3 years ago

Application sick live

gayaneshka [121]

Huh?

Oooooo

Sir/Mam, Most respectfully, I beg to state that I am not in a condition to come to the school since I am suffering from fever. I have been prescribed by our family doctor o take proper rest for at least [number of days] days. Hence, kindly grant me leave from (start date) to (end-date)

4 0

3 years ago

The accounts listed below appeared in the December 31 trial balance of the Savard Theater.

n200080 [17]

Answer:

1. Dr Depreciation expense $10,566

Cr Accumulated depreciation-equipment $10,566

2. Dr Interest expense $1,440

Cr Interest payable $1,440

3. Dr Admission revenue $57,300

Cr Deferred revenue $57,300

4. Dr Prepaid advertising $1,025

Cr Advertising expense $1,025

5. Dr Salaries and wages expense $4,408

Cr Salaries and wages payable $4,408

Explanation:

Preparation of the annual adjusting entries necessary on December 31.

1. Dr Depreciation expense $10,566

(192,000-22,944/16)

Cr Accumulated depreciation-equipment $10,566

2. Dr Interest expense $1,440

(90,000*8%*72/360)

Cr Interest payable $1,440

3. Dr Admission revenue $57,300

($1,910*30)

Cr Deferred revenue $57,300

4. Dr Prepaid advertising $1,025

Cr Advertising expense $1,025

5. Dr Salaries and wages expense $4,408

Cr Salaries and wages payable $4,408

8 0

3 years ago