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s2008m [1.1K]
3 years ago
6

Assume there is an increase in the number of consumers in the market for a good sold by perfectly competitive firms that are ini

tially producing the profit-maximizing level of output. For the individual firm, this would result in:a. a decrease in price and increase in the profit-maximizing quantity of output.b. an increase in both price and the profit-maximizing quantity of output.c. an increase in price and decrease in profit-maximizing quantity of output.d. a decrease in both price and the profit-maximizing quantity of output.
Business
1 answer:
Nutka1998 [239]3 years ago
7 0

Answer:

Option (B) is correct.

Explanation:

Number of consumers in the market is one of the determinants of demand which shifts the demand curve.

In a perfectly competitive market, if there is an increase in the number of consumers in the market then as a result the demand for the product also increases which shifts the demand curve rightwards.

This rightward shift in the demand curve will result in an increase in both equilibrium price and equilibrium quantity which is also a profit maximizing quantity of output.

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A person is overweight (350 pounds) and desires to lose 10% of his body weight over 6 months. what is the total kcalorie intake
snow_tiger [21]

Total caloric restriction over 6 moths:

10%*350 pounds = 35 pounds.

35 pounds * 3,500 calories per pound = 122,500 total calories.

------------------------------------

If weigh loss period is 27 weeks, divide by total number of weeks:

122,500 calories/ 27 weeks = 4537 calories per week

and by number of days (27 weeks= 189 days)

122,500/189 = 648 calories per day

5 0
3 years ago
Which of the following statements is FALSE? Consider the case of a new firm that is identical to an existing publicly traded com
marta [7]

Answer: A valuation multiple is a ratio of some measure of a firm's scale to the value of the firm.

Explanation:

The Law of One Price does indeed allow for the determination of the value of the new firm using the value of the existing firm as they are identical. The value of a firm is also estimated based on the value of comparable ones.

It is also true that companies can be similar in many respects but still be different in size and scale.

Valuation multiples however, are not ratios of some measure of a firm's scale to the value of the firm but ratios of financial metrics in the company that can be used for analysis and comparison.

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Corporate social responsibility definition
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Expansion of the money supply during a recession, according to the keynesians, will?
baherus [9]

According to the Keynesian​ approach an increase in the money supply increases real GDP by lowering interest​ rates which increases investment.

The Keynesian theory implied that during a recession inflationary pressures are low, but when the level of output is at or even pushing beyond potential gross domestic product, or GDP, the economy is at greater risk for inflation.

Keynesians do believe in an indirect link between the money supply and real GDP. They believe that expansionary monetary policy increases the supply of loanable funds available through the banking system, causing interest rates to fall.

Learn more about Keynesian here

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3 0
1 year ago
Use the following information to determine this company's cash flows from financing activities.
EastWind [94]

Answer:

See the explanation below.

Explanation:

<u>Details                                                                Amount ($) </u>

Issued common stock                                          74,000

Dividend paid                                                       (13,000)

Settlement of note payable                               (120,000)

Treasury stock acquired                                   <u> (120,000) </u>

Net cash flows from financing activities       <u> (179,000)  </u>

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