Answer:
the options are missing:
- Always accept Project A.
-
Accept Project B if the required return is less than 13.1 percent.
- Be indifferent to the projects at any discount rate above 13.1 percent.
- Accept Project B only when the required return is equal to the crossover rate.
- Always accept Project A if the required return exceeds the crossover rate.
the answer is:
5. Always accept Project A if the required return exceeds the crossover rate.
The crossover point tells us that one project must be chosen if the IRR is higher than the cross over point, but if the IRR is lower, then the other alternative should be selected.
In this case, the cross over point is 12.3% and we are told that project A should be selected if the required IRR is 13.1%. That tells us that the alternative that we must choose above 12.3% is project A. Project B should be selected if the IRR is less than 12.3%.
Answer: The monopolist will be able to sustain economic profits
Explanation:
If a monopolist in an industry characterized by monopoly features is making economic profit in the short run, then the monopolist will be able to sustain economic profits.
The economic profit is gotten when the explicit cost and the opportunity costs are both deducted from the revenues generated by a business.
Since there is high barrier to entry and the monopoly is the only firm in the market, then the monopolist will be able to sustain economic profits.
Answer:
Performing a horizontal Analysis
Explanation:
Particularly in the case of investigating fraud and error, horizontal changes are the most direct way of focusing on changes because rather than the vertical which looks at the change as a percentage of Sales or Total Assets, the horizontal looks at change in each item from period to period, and takes the change amount as a percentage of the initial year's amount. i.e (Year 2 amount - Year 1 amount) / Year 1 amount = % Change in item in consideration.
Answer:
Jerry is a victim of Stigmatization
Explanation:
if an individual is being stigmatized, it means we have given that person a label or tag and it's usually a label that is limiting in some way.
Stigmatization is when an individual, group or corporate body views an individual in a negative way because they have a distinguishing characteristic E.g the kind of neighborhood they live, the kind of friend they keep or personal trait that's thought to be a disadvantage.
Answer:
Advertisement doesn't exist in perfect competition markets. Perfect competition markets are theoretical only, since they do not exist in reality although some markets resemble or are similar, e.g. commodities. One of the characteristics of perfect competition markets is that every participant possesses perfect information regarding the products' characteristics and price. If everyone knows a product perfectly, then there is no reason why you should advertise it.
Explanation: