Competition is also considered the basis for capitalist or free market economies.
Competition is desirable when the price charged to individuals equals the marginal cost of production to each firm. In other words, one can say sellers charge buyers a reasonable or fair price.
Competition is undesirable when it leads to a lower output and increased costs. Competition is undesirable in business because you have to prevent new innovative ideas surviving due to firms operating with high research and development costs alongside dominant advertising. In addition fewer incentives to cut costs because of a lack of competitors.
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Answer:
62,500 shares
Explanation:
common stock = 500,000 shares
Total shares outstanding = 40 million
Percentage of existing holding:
= (Shares of common stock ÷ Total shares outstanding) × 100
= (500,000 ÷ 40,000,000) × 100
= 1.25%
New shares that can be purchased:
= Number of new shares sold × Percentage of existing holding
= 5 million × 1.25%
= 62,500 shares
<span>With a period of 30 days, across 240 days there will be 240/30=8 separate periods where the population doubles. Therefore the population at the end of the time period will be the original, 26, times 2 raised to the 8th power, or 26*2^8 = 26*256=6656.</span>
Answer:
1.15
Explanation:
The computation of the price in 2005 dollars is shown below:
= Price in 1979 × (CPI in 2005) ÷ (CPI in 1979)
= $0.43 × (100) ÷ (37.4)
= (43) ÷ (37.4)
= 1.1497 or 1.15
Simply we do the proportion based on the CPI in 2005 and Price in 1979 and then divide it by the CPI in 1979. Based on the given information, the price in 2005 dollars is 1.15