Answer:
Firm B is in the auto rental business. It is not the nation’s largest rental company, but significant barriers to entry enable it to serve customers across the United States more conveniently and at a lower price than local rivals.
Explanation:
For the given options we considered Firm B to be treated as the oligopolist as the firm nor its competitors would have the major impact over the market also there are entry & exit barriers from the market
So the firm B should be chosen as the oligopolist
Therefore the same should be considered and relevant
1. shopping products 2. speciality products 3. unsought products 4.<span>Convenience products. Among the four types of consumer products, the convenience product is bought most frequently. </span>
Answer: He could borrow from one of the following options:
(a) $18,605
(b) $11,428
(d) $20,000
Explanation:
If Owen borrows $18,605
Bank interest rate = 7.1% of $18,605
=7.1/100 ×$18,605
=$1, 320.955
Owen's debt at his bank=
$18,605+$1,320.9555 =
$19,925.955
When Owen receives the trust fund of $25,000, he can pay his debt and still has $5,074.045 with him.
If Owen borrows $11,428
Bank interest rate = 7.1% × $11,428
=$811. 388
Owen's debt at his bank=
$811.388+$11,428 =
$12,239.388
When Owen receives the trust fund of $25,000, he can pay his debt and still has $12,760.612 left with him.
If Owen borrows $20,000
Bank interest rate =7.1% of $20,000
=7.1/100 ×$20,000
=$1, 420
Owen's debt at his bank=
$20,000 + $1,420 = $21,420
When Owen receives the trust fund of $25,000, he can pay his debt at his bank and still has $3,580 left with him.
Answer:
(a) $35,000
(b) $8,000
Explanation:
(a) Accounting profit:
= Total revenue - Explicit cost
= $75,000 - (wages + Annual rent + Material cost)
= $75,000 - ($13,000 + $5,500 + $21,500)
= $75,000 - $40,000
= $35,000
(b) Economic Profit:
= Total revenue - Explicit costs - Implicit costs
= $75,000 - (wages + Annual rent + Material cost) - (Income from investment + Earnings as a potter + Worth of entrepreneurial talents)
= $75,000 - ($13,000 + $5,500 + $21,500) - ($5,500 + $19,000 + $2,500)
= $75,000 - $40,000 - $27,000
= $8,000
Answer:
So option (b) is correct option
Explanation:
We have given value of operation PV = $25.00
WACC, that is 
= 11.50% = 0.1150
It is grow at a constant rat of 7 % so g = 0.07
We have to find the value of 
We know that value of operation is given by
So 
So option (b) is correct option
