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3 years ago

In the long run the prices charged by a firm in monopolistic competition will be

Business

1 answer:

kumpel [21]3 years ago

6 0

Answer: The correct answer is "d. equal to average cost, including the opportunity cost of capital.".

Explanation: In the long run the prices charged by a firm in monopolistic competition will be equal to average cost, including the opportunity cost of capital.

In long-term monopolistic competition, the demand curve will be tangent to the average long-term cost and the price set at this level. The benefits will be equal to zero and therefore there will be no entry or exit of companies.

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There are 5 questions in the question part and for each question write 2 paragraphs.

sashaice [31]

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3 years ago

A document that authorizes a supplier to deliver a product or service is known as.

Alecsey [184]

Answer:

purchase order

Explanation:

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2 years ago

Read 2 more answers

in the month of march, chester received orders of 179 units at a price of $15.00 for their product clack, and in april receives

ollegr [7]

Answer:

Explanation:

The computation of the revenue recognized is shown below:

= Price per unit × number of units delivered in march month

= $15 × 0 units

= $0

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3 years ago

The following information is available from the current period financial statements: Net income $165,000 Depreciation expense 28

Natalka [10]

Answer:

The correct answer is 156,000

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3 years ago

A video-recording system was purchased 4 years ago at a cost of $37,000. A 5-year recovery period and DDB (Double Declining Bala

AysviL [449]

Answer:

The trade in value is higher than the book value by $ 205

Explanation:

Computation of Book value

In a double declining balance method of depreciation, the rate of depreciation is double the straight line rate and is depreciated on a declining balance.

Cost of Equipment $ 37,000

Estimated useful life ( Recovery Period) 5 years

Straight Line Depreciation rate 20 %

Double declining Method depreciation rate 40 %

Cost $ 37,000

Depreciation for year 1 at 40 % $(14,800)

Depreciable basis for year 2 $ 22,200

Depreciation for year 2 at40 % $ ( 8,880)

Depreciable basis for year 3 $ 13,320

Depreciation for year 3 at 40 % $ (5,328)

Depreciable basis for year 4 $ 7,992

Depreciation for year 4 at 40 % $ 3,197)

Depreciable basis for year 5 $ 4,795

The depreciable basis for year 5 is the net book value after 4 years

The trade value is $ 5,000

The trade in value is higher by $ 205

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3 years ago