1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
grin007 [14]
3 years ago
14

A firms have no incentive to enter or exit the industry. Select one: a. market price is equal to minimum long.run average cost.

b. each firm earns a normal return. c. both a and c d. all of the above
Business
1 answer:
Artyom0805 [142]3 years ago
6 0

Answer: The correct answer is "d. all of the above"

Explanation: In a perfectly-competitive industry a firm have no incentive to enter or exit the industry when:

- market price is equal to minimum long-run average cost.

- each firm earns a normal return.

This happens because in perfect competition companies reach a long-term equilibrium where extraordinary benefits are eliminated.

You might be interested in
At the end of 2016, Sunland Company has accounts receivable of $653,700 and an allowance for doubtful accounts of $24,200.
Anton [14]

Answer:

allowance for doubtful accounts 4,245 debit

                     accounts receivables            4,245 credit

--to record write-off of Madonna Inc account--

Explanation:

<em>Prepare the journal entry to record the write-off. </em>

To record the write-off we will decrease both, the allowance and the accounts receivable for the amount we consider uncollectible. Under allowance method the company never uses bad debt expense at write-off it only does at year-end adjustment

4 0
3 years ago
A stock is expected to pay a $0.45 dividend at the end of the year (D1 = 0.45). The dividend is expected to grow at a constant r
irinina [24]

Answer:

d. $ 9.52

Explanation:

The computation of the expected price of the stock 10 years from today is shown below:

= Dividend at year 10 ÷ (Required rate of return - growth rate)

where,

Dividend at year 10 is

= $0.45 × (1 + 0.04)^10

= $0.67

So, the expected price is

= $0.67 ÷ (11% - 4%)

= $9.52

By applying the formula we can easily find out the expected price of the stock

8 0
3 years ago
As a result of a decrease in the demand for U.S. dollars, there has been depreciation in the value of the U.S. dollar relative t
Aleks [24]

Answer:

A. Todd, American, to visit Macedonia spring brew

Explanation:

<em>Todd is a loser due to the depreciation of the U.S. dollar because now he will need more dollars to buy a comparative amount of South Korea won. His trip will now be more expensive. </em>

<em> An investment bank in South Korea, interested in purchasing U.S. government bonds - winner </em>

<em> The investment bank will exchange fewer wons for U.S. dollars than before. Buying government bonds will now be cheaper for them. </em>

<em> Goodyear, a firm based in the United States, sells car tires in South Korea - winner </em>

<em> Goodyear will likely sell more cars because for its South Korean customers, the cars are now cheaper since the value of the dollar has depreciated against the currency that they hold. </em>

<em> A family from South Korea visits relatives in the United States - winner </em>

<em> The South Korean family will exchange fewer wons for more U.S. dollars, making their trip cheaper. </em>

<em> A firm from South Korea sells handbags in the United States - loser </em>

<em> The handbags will now be more expensive for their American customers, likely causing a loss in sales revenue for the firm. </em>

<em> An electronics manufacturer in the United States, purchases a high tech company in South Korea - loser </em>

<em>The cost of the high-tech South Korean company is now higher for the American manufacturer because more dollars had to be exchanged for wons before the purchase.</em>

4 0
3 years ago
To develop an effective control system, it must be related to the organizational strategy. Yes or no.
Georgia [21]

Answer:

yes

Explanation:

because in order for everything to be organized you need to know how the system is running

8 0
3 years ago
Explain how consumer tastes and preference changes demand for a product
k0ka [10]

Answer: Because  12 = 13 which is not aloud which ends up becoming 14 but is acutally 923

Explanation: Hope that helps1

8 0
3 years ago
Other questions:
  • Will give brainliest
    9·2 answers
  • If a company has 5 employees with annual salaries of $90000 $60000 $70000 $90000 and $20000 respectively what is the mean annual
    5·2 answers
  • WoolCorp buys sheep’s wool from farmers. The company began operations in January of this year, and is making decisions on produc
    12·1 answer
  • Wu Systems has the following balance sheet. Assume that all current assets are used in operations. How much net operating workin
    10·2 answers
  • Under the Precedence Diagramming Method, the situation which occurs when two activities can start at different times, have diffe
    10·2 answers
  • Monique buys a new television for​ $795. she receives consumer surplus of​ $355 from the purchase. how much does monique value h
    6·1 answer
  • How do you do the buss it challenge
    8·2 answers
  • In Word Online, misspelled words are underlined in __________ . (2 points)
    15·2 answers
  • On August 24, Edward Charles offered to sell his 1967 Chevy Corvette Convertible for $150,000 to Mark Anderson. Anderson offered
    9·1 answer
  • You’ve decided to buy some rental property but know very little about the law regarding landlord-tenant relations. You head to t
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!