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svet-max [94.6K]
2 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]2 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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Spirit airlines competes as an ultra-low-cost carrier (ulcc), and does so by "unbundling" extra services from its basic fare. as
MariettaO [177]
It should be on google 
4 0
2 years ago
Pallet Enterprise magazine is a business publication aimed at people who are in the pallet and container industries. It is only
horrorfan [7]

Answer:

Paid circulation

Explanation:

A paid circulation magazine can be simply explained to be a magazine that requires payment to have access to. That is, the magazine is available to persons that have pre-odered the magazine by means of subscription. The subscription could be weekly, monthly, bi-monthly, quarterly or yearly.

For pallet enterprise magazine, it is available through subscriptions and that no persons without subscription can have access to the magazine except through another individual that receives the magazine.

Cheers.

3 0
3 years ago
At Davide Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. O
soldi70 [24.7K]

Answer and Explanation:

For materials

Equivalent completed units = Completed units + WIP ending

= 111,700 + 20,300

= 132,000 units

Cost of materials = Beginning WIP + Cost of materials added

= 22,300 + 370,000

= $392,300

Cost of material per units = 392,300 ÷ 132,000

= $2.97197

For conversions

Equivalent completed units = Completed units + WIP ending

= 111,700 + 20,300 × 30%

= 117,790 units

Cost of Conversion = Beginning WIP + Cost of conversion added

= 19,700 + 280,000

= $299,700

Cost of conversion per units = 299,700 ÷ 117,790

= $2.54436

Total cost of units completed and transferred out

= 111,700 × (2.97197 + 2.54436)

= $616,174

4 0
2 years ago
Prairee partnership has four equal partners, Dodd, Crank, Pick, and Mack. Each of the partners had a tax basis of $320,000 as of
NemiM [27]

Answer:

mack tax basis in prairee on 31 december = 307000

correct option is a. $307,000

Explanation:

given data

tax basis = $320,000

net business income = $152,000

services rendered = $4,000

distribution = $50,000

solution

we know allocated income is here

allocated income = net business income - guaranteed payment

allocated income = 152000 - 4000

allocated income = 148000

so

mack share of net income is 25 % of allocated income

mack share of net income = 37000

so

mack tax basis in prairee on 31 december = 320000 + 37000 - 50000

mack tax basis in prairee on 31 december = 307000

7 0
3 years ago
What role did patents play in the work of inventors such as Thomas Edison? Patents protected inventors and let them profit from
umka21 [38]

<em>Patents protected inventors and let them profit from their inventions</em>

<em>~Luis~</em>

5 0
3 years ago
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