Question Completion:
ANSWER CHOICES
A. operating with decreasing returns to scale
B. a natural monopoly
C. a legal monopoly
D. monopolistically competitive
E. productively efficient
Answer:
Based on this data, the market for product Z is:
A. operating with decreasing returns to scale.
Explanation:
For the Average Revenue (Price) to equal the Average Total Cost (ATC) and enable the firms operating in the market to break-even, the firms must increase their production units from 2 million to 3.5 million units. The conclusion that the market for product Z is operating with decreasing returns to scale for a single supplier is because it will take a 75% increase in production for the average total cost to fall from $7 to $5 for the single producer. In other words, the percentage increase in production does not result in a proportionate decrease in average total cost.
Answer:
3. 5,110,000 and 5,170,000
Explanation:
Number of shares to be used in computing basic earnings per share
= 4800000*12/12 + 200000*9/12 + 4800004/12
= 4800000 + 150000 + 160000
= 5,110,000
Number of shares to be used in computing dilute earnings per share
= 4800000*12/12 + 200000*9/12 + 4800004/12 + (6000000/1000)*40*3/12
= 4800000 + 150000 + 160000 + 60000
= 5,170,000
Therefore, The number of shares to be used in computing basic earnings per share and diluted earnings per share on December 31, 2018 is 5,110,000 and 5,170,000.
Answer: The final stage is Post-Purchase Behavior
Explanation:
Answer:
Answer is option b, i.e. Passion for his invention.
Explanation:
Roland has almost all the qualities of a successful entrepreneur which includes an innovative mindset, ability to identify new opportunities, but he lacks in being passionate about what he desires to achieve. To start something new and follow one's dream one has to be passionate enough to be consistent and patient. Passion without patience is merely a dream which cannot be realized in true form. Hence, instead of quitting on what Roland had started, he should have searched for some more ideas to influence various agriculture companies.