Answer:
the question asks one thing, but the options are not even close:
market capitalization = total stocks outstanding x market price per stock
Merck's market capitalization = 2.11 billion stocks x $36.70 = $77.437 billion
Market capitalization is about money, not the number of shares. It represents the market value of a company's equity.
Answer:
impose a tax on imported widgets - if the government imposes a tax on imported widgets, imported widgets will become more expensive to consumeres, making consumers flock to domestically produced widgets, prompting domestic firms to increase domestic supply to at least 8,000 widgets.
impose an import quota - the government can also simply impose an import quota of 4,000 widgets, which will oblige consumers to buy at least 8,000 domestic widgets if they want to satisfy their demand of 12,000 widgets.
Poor business communication is characterized by:
writing that prevents a reader from guessing information.
Answer:
The average total cost of producing silver is $34.
Explanation:
In perfect competition, there is no restriction on the entry and exit of firms. So the firms enjoy only normal or zero economic profits in the long run.
If the firms incur losses, the loss of incurring firms will leave the market and profits will increase. If firms will be having positive profits, new firms will enter and profits will get reduced.
The price level is thus equal to the average total cost in the long run.
The price of silver here is given as $34.
So, the average total cost will also be $34.
Answer:
The correct answer is letter "C": obliging.
Explanation:
The obliging or placating conflict-handling style implies elevating the other party to make them feel good perhaps because of a fault committed. This approach is used when one person is unsure if a mistake has been made. Mainly, when that person might represent some important, the other party undervalues their position with the idea of eventually obtaining a greater good.