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3 years ago

In a perfectly competitive industry, the short-run supply curve for the market is the:

Business

1 answer:

DENIUS [597]3 years ago

3 0

Answer:

b. marginal cost curve above the average variable cost curve.

Explanation:

A perfect competitive indsutry is a characterised by many firms selling homogenous goods and services. Firms are price takers and there are no barriers to entry or exit of firms in the industry.

The supply curve of a perfectly competitive firm in the short run is the part of the marginal cost curve that lies above the average variable cost curve.

A perfect competition maximises profit where price equals marginal cost.

I hope my answer helps you

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Francisco's credit card has an APR of 13%, calculated on the previous

lora16 [44]

Answer:

$279.53

Explanation:

The amount of the $5200 charge that Francisco made during the first month has been paid off will be the total of the principal paid which is:

Principal paid =

$47.67+$47.23+$46.80+$46.37+$45.94+$45.52

=$279.53

Therefore how much of the $5200 charge that Francisco made during the first month has been paid off will be $279.53.

5 0

3 years ago

As a result of moving more decision making from the periphery of the organization toward the center, typically a. the flow of r

grin007 [14]

Answer:

a. the flow of relevant information to the decision maker should be enhanced

Explanation:

Decision making is very crucial in every business institution and organisation.

Results of decisions can help to foster rapid development or hamper the progress of a company.

When moving decision making arm from the periphery to the center, communication should be restrategized.
Since the periphery arm is at the fringe, better strategies which will help to avoid road blocks through bureaucracies in an organization must be eliminated.
There should be proper flow of important information to decision makers which will help further the interest of an organisation.

7 0

3 years ago

Diego (32) is filing as a single taxpayer. He changed jobs during the year, and when he left his first job, he decided to take a

Papessa [141]

Answer:

He will claim the standard deduction

Explanation:

4 0

3 years ago

Forms and papers that provide information about a business transaction are called

melisa1 [442]

They are called source documents.

4 0

3 years ago

Shanken Corp. issued a bond with a maturity of 30 years and a semiannual coupon rate of 6 percent 4 years ago. The bond currentl

OverLord2011 [107]

Answer:

The company’s total book value of debt is $95,000,000.

Explanation:

1st Issue of Bonds:

Face Value = $45,000,000

Market Value = 95%*$45,000,000

= $42,750,000

Annual Coupon Rate = 6%

Semiannual Coupon Rate = 3%

Semiannual Coupon = 3%*$45,000,000

= $1,350,000

Time to Maturity = 26 years

Semiannual Period to Maturity = 52

Let semiannual YTM be i%

$42,750,000 = $1,350,000*PVIFA(i%, 52) + $45,000,000*PVIF(i%, 52)

Using financial calculator:

N = 52

PV = -42750000

PMT = 1350000

FV = 45000000

2nd Issue of Bonds:

Face Value = $50,000,000

Market Value = 54%*$50,000,000

= $27,000,000

Time to Maturity = 15 years

Semiannual Period to Maturity = 30

Let semiannual YTM be i%

$27,000,000 = $50,000,000*PVIF(i%, 30)

Using financial calculator:

N = 30

PV = -27000000

PMT = 0

FV = 50000000

Total Book Value of Debt = $45,000,000 + $50,000,000

= $95,000,000

Therefore, The company’s total book value of debt is $95,000,000.

7 0

3 years ago