. Initially, the economy is in long-run equilibrium. The aggregate demand curve then shifts $50 billion to the left. The governm
1 answer:
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Answer:
The following summarizes the solution to the given problem.
Explanation:
The given values are:
Sales,
= $660,000
Expenses,
= $255,453
Received cash revenues,
= $605,934
(a)
According to the accrual, profits would be acknowledged and therefore not necessarily received on the occasion of purchase.
⇒
On substituting the given values, we get
⇒
⇒ ($)
(b)
⇒
On substituting the given values, we get
⇒
⇒ ($)
(c)
- The reliable financial foundation again for a financial consultant is more helpful because it demonstrates or represents the organization's appropriate financial status.
- It accepts the profits throughout a similar time frame.
Answer:
3400, Rise, C
Explanation:
1. Since there are just 3 firms and two already has a sum total of 70% (40+30), the third firm will have a market share of 30%
HHI=
HHI= 1600+900+900
HHI= 3400
2. Abe's Bikes with 30% leaves the market, if the two firms were to share Abe's market share equally (15+15), it will leave Firm A with 55% (40+15) and Firm B with (30+15) 45%
Therefore,
HHI=
HHI=3025+2025
HHI= 5050
A rise in HHI
3. C
An index of 10,000 corresponds to a monopoly firm with 100% market share.