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svet-max [94.6K]
3 years ago
14

A perfectly competitive market is initially in long-run competitive equilibrium. Then, market demand falls. By the time all adju

stments have been made, price will be __________ its original level if the industry is a(n) __________ costs industry.
a. above; decreasing
b. at; constant
c. at; increasing
d. below; increasing
e. a and d
Business
1 answer:
Brut [27]3 years ago
3 0

Answer:

b. at; constant

Explanation:

The relationships in the long run between prices of any given industry and its products are positive correlated this means that if an industry price increases its cost must also increase and vice versa.

Given the options the only positive correlation is the option b.

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In order to finance The Shortbread Shack, a mobile bakery business that services several large Silicon Valley companies, Marcy d
vaieri [72.5K]

Answer:

her business plan document

Explanation:

A crucial criteria to receive funding from banks is to have a detailed business plan document.

This document would explain Mercy' mobile bakery business:

1. financial needs and viability,

2. marketing strategy,

3. Competitor analysis,

4. Service process etc

The bank has the responsibility of analysing this document and then making a decision whether to grant her funds.

4 0
3 years ago
Blue Ridge Bicycles uses a standard part in the manufacture of several of its bikes. The cost of producing 43,000 parts is $140,
kifflom [539]

Answer:

$71,000

Explanation:

The computation of operating income is shown below:-

Total costs if company bought = Cost of production × Outside supplier per unit) + (Fixed cost × Remaining percentage)

= (43,000 × $3.80) + ($68,000 × (100% - 30%))

= (43,000 × $3.80) + ($68,000 × 70%)

= $163,400 + $47,600

= $211,000

Loss in Income if part is bought = Total costs if company bought - Total costs originally

= $211,000 - $140,000

= $71,000

Therefore, Making profit will be more by $71,000 and for computing the Loss in Income if part is bought we simply applied the above formula.

8 0
3 years ago
A relocation of a short stretch of rural highway feeding into Route 390 northwest of Dallas is to be made to accommodate new gro
jonny [76]

Answer:

Incremental B/C = 0.72

∴ 0.7, East should be constructed

Explanation:

See workings attached

8 0
3 years ago
Briefly explain how the total amount of cash reported on the balance sheet is computed.
anastassius [24]

The entire current assets are subtracted from the non-cash assets. The quantity of cash shown on the balance sheet is represented by this figure. Prior to including them in the report, add the cash and petty cash totals to simplify the balance sheet. The cash line of the balance sheet report should now reflect the combined sum.

An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. One of the three primary financial statements used to assess a company is the balance sheet. It offers a snapshot of the assets and liabilities of a corporation as of the publication date.

A balance sheet is a summary of the financial positions of a person or an organization in financial accounting, regardless of whether they are a sole proprietorship, a business partnership, a corporation, a private limited company, or some other type of entity like a government or not-for-profit entity.

Learn more about balance sheet here

brainly.com/question/1113933

#SPJ4

4 0
2 years ago
A(n) ____________ portfolio maximizes return for a given level of risk, or minimizes risk for a given level of return.
Anastaziya [24]

An efficient portfolio maximizes return for a given level of risk or minimizes risk for a given level of return.

Having an efficient portfolio when preparing a financial planning is undeniably important as this helps you in your decision-making; whether you engage in something while knowing the specific risk of doing that certain action.

8 0
3 years ago
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