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3 years ago

How is ease of market entry and exit and exit related to the number of suppliers in a purely competitive market?

1 answer:

4 0

Numbers of suppliers in a purely competitive market dictate how easy it is to start a business or transform it in that sector.

Explanation:

Entry an d Exit in a business sector means the ease of starting or transforming a business that is involved in a particular market sector.

In a purely competitive market the business is dictated by the market standards set by the completion of the various companies vying for a market share between each other.

The harder the competition at the top level, the harder it is for a new business to come up, similar is the case for when one or two companies dominate the hegemony in which case it is hard to grab a market share for the new entrant in the market.

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MAXImum [283]

1/a - 1/b -1
Just remove the parentheses

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2 years ago

A(n. ________ provides most or all of the services needed to mount an advertising campaign.

Eduardwww [97]

A full-service agency offers most or all of the services required to launch a campaign, including as research, ad copy and art creation, media planning, and final message production.

<h3>How is a full-service advertising firm structured?</h3>

Regardless of size, all advertising businesses typically consist of three main divisions or parts: account services, creative teams, and media professionals. Even though they may go by different names in different organizations, these items typically have the same functions.

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In order to support a company's short- and long-term goals, a full-service digital firm can scale its efforts up or down. As a firm grows, its goals may change. A full-service digital marketing agency may quickly adapt to move in the same direction as a company.

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3 0

1 year ago

Quantity Demanded Price ($)

Aleksandr-060686 [28]

The wine bottle is $200 so the demanded price would be 210! Hope this helps.

5 0

3 years ago

Connor Lamps Inc. purchased factory equipment in January 2015 for $575,000. In March 2018, this equipment was sold for $105,000

sammy [17]

Answer:

Loss on sale of equipment Dr $145,000

Explanation:

The journal entry is shown below:

Cash Dr $105,000

Accumulated depreciation Dr $325,000

Loss on sale of equipment Dr $145,000

To Equipment $575,000

(Being the record of the equipment is recorded)

Since the equipment is sold for $105,000 due to which the cash is increased by $105,000 and there is a decrease in assets for $575,000 as this amount indicates the purchase value

Moreover, the accumulated depreciation is also debited for $325,000

And, the balancing figure would be transferred to loss on sale of equipment i.e $145,000

6 0

3 years ago

The management of Idaho Corporation is considering the purchase of a new machine costing $430,000. The company's desired rate of

rosijanka [135]

Answer:

d. positive $25,200

Explanation:

The computation of the Net present value is shown below

= Present value of all yearly cash inflows after applying discount factor - initial investment

The discount factor should be computed by

= 1 ÷ (1 + rate) ^ years

where,

rate is 10%

Year = 0,1,2,3,4 and so on

Discount Factor:

Year 1 = 0.909

Year 2 = 0.826

Year 3 = 0.751

Year 4 = 0.683

Year 5 = 0.621

So, the calculation of a Present value of all yearly cash inflows are shown below

= Year 1 cash inflow × Present Factor of Year 1 + Year 2 cash inflow × Present Factor of Year 2 + Year 3 cash inflow × Present Factor of Year 3 + Year 4 cash inflow × Present Factor of Year 4 + Year 5 cash inflow × Present Factor of Year 5

= $180,000 × 0.909 + $120,000 × 0.826 + $100,000 × 0.751 + $90,000 × 0.683 + $90,000 × 0.621

= $163,620 + $99,120 + $75,100 + $61,470 + $55,890

= $455,200

So, the Net present value equals to

= $455,200 - $430,000

= $25,200

4 0

2 years ago