Answer: A. equal to marginal cost where it intersects the demand curve
Explanation:
In a pure competition, the market is efficient because it balances demand and supply and gives an equilibrium price that takes both of them into account.
In this market, the price is equal to the marginal revenue of a firm and the profit maximizing level of production is where the marginal revenue intersects the marginal cost.
The efficient level is therefore where price equals marginal cost. The same goes for a natural monopoly. If economic efficiency is to be achieved, the natural monopoly's price must equal the marginal cost at the equilibrium price.
Answer:
The correct answer is: Fabricating material.
Explanation:
Fabricating materials are the raw materials used for the production of goods. Manufacturers are n charge of collecting these materials that are used in their production processes. Usually, they are sold at lower prices than as if they were sold in the open market to end-consumers. Most fabricating materials are not the main characteristics of the products they help producing but form an important part of its manufacturing.
ANSWER :
B : Partnership
EXPLANATION :
A group of people (less than 10 in banking, less than 20 in other) carrying on a business together, deciding to share profits or losses in a proportion (based on a contract) , mutual agency (one partners' act effecting other) , unlimited liability of partners towards outsiders (except for special limited liability partnership) .
All these characteristics are satisfied by venture of Franklin , John , Harry & Henry.
Sole Proprietorship is a business owned , run & managed by a single owner. Corporate / Company is seperate legal entity from its owners (big group than partnership) ,owners don't have unlimited liability . So Franklin , John , Hary , Henry firm is not case for either one .
Answer:
There're 2 answers:
1) If he want to receive both interest and principal of $5,400, the amount to be deposited today is $36,234. In this case, he doesn't receive any principal back.
2) If he want to receive interest of $5,400 only , the amount to be deposited today is $67,500. In this case, he can receive back $67,500 at end of deposit.
Explanation:
1) In excel there function to calculate this = PV(rate, number of payment, amount in each payment) = PV(8%,10,5400)
2) If $5,400 is interest Jason can receive at end of each year = Deposit amount x 8%; thus deposit amount is 67,500 = 5,400/8%
Answer:
$1.90 per share
Explanation:
The computation of the earning per share is shown below:
Earning per share = (Net income - preference dividend) ÷ (weighted-average of shares of common stock)
= ($380,000 - $0) ÷ (200,000 shares)
= $1.90 per share
By dividing the net income with the weighted average number of shares of common stock we can get the earning per share