It’s c I had this problem a week ago
Answer:
$10
Explanation:
Price Q Demanded Q Supplied Domestically Q Supplied by Importers $6 13,000 2,000 8,000
$7 12,000 4,000 8,000
$8 11,000 6,000 8,000
$9 10,000 8,000 8,000
<u>$10 9,000 = 9,000 </u><u> </u> 8,000
$11 8,000 10,000 8,000
If there is no international trade allowed, then we should look for the price at which the quantity demanded is equal to the quantity supplied by domestic producers. At $10 per widget, the total quantity demanded is 9,000 units and the total quantity supplied by domestic producers is 9,000 units.
Answer and Explanation:
The computation is shown below;
(a)-Caterpillar’s book debt-to-value ratio
Caterpillar’s book debt-to-value ratio is
= Debt ÷ [Debt + Book Value of Equity]
= $24.80 Billion ÷ [$24.80 Billion + (0.595 Billion Shares × $23.00 per share)]
= $24.80 Billion ÷ [$24.80 Billion + $13.69 Billion]
= $24.80 Billion ÷ $38.49 Billion
= 0.64
(b)- Caterpillar’s market debt-to-value ratio
Caterpillar’s book Market debt-to-value ratio is
= Debt ÷ [Debt + Market Value of Equity]
= $24.80 Billion ÷ [$24.80 Billion + (0.595 Billion Shares × $154.80 per share)]
= $24.80 Billion ÷ [$24.80 Billion + $92.11 Billion]
= $24.80 Billion ÷ $116.91 Billion
= 0.21
(c)-Best measure to determine the company’s cost of capital is the market value
The answer is the second one “Long-term loan”
Answer:
B.
Explanation:
If the price of a good or service is higher than its opportunity cost (what producers sacrify when they produce the good), the producers are having positive benefits. Economic benefits are measure by the sum of total income minus the sum of total expenses. In this case, producer’s income is price and producer’s expense is the opportunity cost. In a perfect competitive market, there is complete information and no barriers to entry, so if people notice that producers are having positive benefits, they will like to enter to the market. In the long-run there would be more firms than before and for instance total supply will increase.
