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jasenka [17]
3 years ago
7

Achieving greater penetration of the market is typically a business goal during the ____ stage of the product life cycle.

Business
1 answer:
expeople1 [14]3 years ago
6 0
A. Introduction stage
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The language of price controls
mel-nik [20]

Answer:

1) The government prohibits gas stations from selling gasoline for more than $3.40 per gallon.  

This statement is an example of price ceiling as the gas stations cannot raise their price above $3.40 but can sell it at any price lower than the ceiling price of $3.40. This is binding

2) Due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from doing so. This is neither a price ceiling or floor as government isn't directly affecting the price with their policy

3) The government has instituted a legal minimum price of $3.40 per gallon for gasoline. This is an example of price floor and is binding. The reason it is a price floor is because the petrol stations cannot charge a price below $3.40 but can charge any price above the floor price of $3.40

Explanation:

4 0
2 years ago
You produce widgets for sale in a perfectly com- petitive market at a market price of $10 per wid- get. Your widgets are manufac
mihalych1998 [28]

Answer: No.

Explanation:

This is a Perfectly Competitive market and that means that you are a price taker who maximises output at a point where Marginal Revenue equals Marginal Cost ( MR = MC). As costs have gone up, it simply means that for the conditions to be satisfied, you need to produce less at the factory in Connecticut.

That does not mean that you have to produce more at the Massachusetts plant because it is already producing at capacity and increasing the marginal cost would violate the MR=MC rule as you have no control over the price so you cannot change Marginal Revenue. It is therefore better to keep the production level at the Massachusetts plant unchanged.

6 0
3 years ago
The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does no
Sunny_sXe [5.5K]

<u>Answer:</u>

  • BEP = EBIT / Total Assets

BEP = $2,451 / $43,000 = 0.057

  • Profit Margin = Net Profit / Sales

Profit Margin = $990 / $51,600 = 0.0192

  • Operating Margin = Operating Profit / Sales

Operating Margin = $2,451 / $51,600 = 0.0475

  • Dividends per share = Dividend paid to Shareholders / Number of shares outstanding

Dividends per share = $346.67 / $500 = 0.69334

  • EPS = Net Income available to Shareholders / Number of shares outstanding

EPS = $990 / $500 = $1.98

  • P/E ratio = Market price per share / EPS

P/E ratio = $23.7 / 1.98 = 11.97

  • Book value per share = Shareholders Equity / Shares outstanding

Book value per share = $15,265 / $500 = $30.53

  • Market-to-book ratio = Market Value per share / Book value per share

Market-to-book ratio = $23.7 / S30.53 = 0.7763

  • Equity Multiplier = Total Assets / Shareholders Equity

Equity Multiplier = $43,000 / $15,265 = 2.82

5 0
2 years ago
Nomi is in the highest individual tax bracket and receives $375 in qualified dividends from Omega Corp. Nomi's tax liability (no
Makovka662 [10]

Answer:

A qualified dividend is taxed in the same was as long term capital gains. The tax rates for long term capital gains are lower than the tax rates for ordinary income and they range form 0 to 20%. In this case, since Nomi is in the highest tax bracket, she will most certainly pay the 20% tax rate on qualifying dividend = $375 x 20% = $75.

Explanation:

8 0
3 years ago
There is a tenants' meeting in an apartment complex. Who goes to that meeting?
jarptica [38.1K]
The tenants go to the meeting
4 0
3 years ago
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