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steposvetlana [31]
3 years ago
11

If Dirk’s Doughnuts is a perfectly competitive firm and is currently incurring economic losses of $500: a. firms will enter the

market. b. individuals will demand fewer doughnuts. c. the market supply curve will shift to the right. d. individuals will demand more doughnuts. e. firms will exit the market.
Business
1 answer:
GenaCL600 [577]3 years ago
4 0

Answer:

The correct answer is option e.

Explanation:

In a perfectly competitive market, there are no limitations on the entry and exit of firms. If the existing firms have positive economic profits, this attracts other potential firms to join the market. In case of losses the firms incurring losses exit the market.  

If Dirk’s Doughnuts is operating in a perfectly competitive market and is incurring economic losses, firms having losses will exit the market.  

This will cause the market supply to decrease. As the supply curve shifts to the left, the price of the product will increase. This will cause profits to increase. The firms will operate at zero economic profits.  

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The Kingwood Company reported net income of $40,000 and average total assets of $440,000. Calculate the company's return on asse
Svet_ta [14]

Answer:

return on assets= 0.09= 9%

Explanation:

Giving the following information:

The Kingwood Company reported a net income of $40,000 and the average total assets of $440,000.

To calculate the return on assets, we need to use the following formula:

return on assets= net income / average total assets

return on assets= 40,000 / 440,000= 0.09

4 0
3 years ago
A downward-sloping yield curve generally indicates which of the following
Arlecino [84]

Answer:

a

Explanation:

A yield curve is a graph that plots the interest rate of bonds at a set point in time.

When the yield curve is downward sloping, it is expected that short term interest rate would be higher than the long term interest rate.

A downward sloping yield curve can be an indictor of coming recession.

A recession is when the GDP of a country for two consecutive quarters is negative. In a period of recession, interest rate is usually lower.

A downward sloping yield curve can also be an indicator that there is an expectation of lower inflation rate in coming years.

If the yield curve is upward sloping, the short term interest rate would be lower than the long term interest rate

A flat yield curve is an indicator that interest rate would be constant

8 0
3 years ago
Which of the following guidelines about maintaining a network is false? a. Participate in career fairs b. Use business cards whe
S_A_V [24]

I believe the answer is: end network relationships after you find a job

If you end network relationships after you find a job, you would be automatically considered as rude and that person would no longer contact you in case there is a better opportunity in the future.

Because of this, it is important for you to maintain good networking relationship with as many people as you can to accelerate your career.

4 0
3 years ago
Read 2 more answers
Under the roe, the principle of ______________ means that commanders may resort to the use of force only when all other means to
timama [110]
<span>under the roe, the principal of necessity means that commanders may resort to the use of force only when all other means to avert a threat are exhausted. While the idea of necessity has multiple meanings when it comes to international law, in this case, it is the ability to use force that may in other times be considered criminal in order to save something of great value that could do more harm if it were lost or given up.</span>
8 0
3 years ago
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disa [49]

Answer: It's still in place because it doesn't terminate on the death or incompetence of the principal.

Explanation:

Agreement that exists between people are usually standing so long both parties are still alive, in most cases, the agreement may still stand with the death of one party, depending on what was written or agreed upon by both parties. The agreement between Maxwell and Rufus is still in place because it doesn't terminate on the death or incompetence of the principal.

The agreement would even stand even if one of the party ain't alive anymore.

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