answer:the answer is collaboration boost
performance
Complete Question:
Use the following scenario to answer the following questions:
In 2011, three firms were selling cellular phone service for a price of $40 per month in Pittsburgh, Pennsylvania. Each firm serviced 100 cell phone customers; thus, all firms together serviced a total of 300 customers. In 2012, five firms were selling cellular phone service for a price of $30 per month. Each firm serviced 70 cell phone customers; thus, all firms together serviced a total of 350 customers. Assume marginal cost is $0 (zero) for all firms and thus total revenue is equal to total profit.
Due to the entrance of two firms in 2012, total monthly profits for all firms in the market decreased by $3,000 due to the ________ effect and increased by $1,500 due to the ________ effect.
Answer:
Due to the entrance of two firms in 2012, total monthly profits for all firms in the market decreased by $3,000 due to the Price effect and increased by $1,500 due to the Output effect.
Explanation:
The effect of a transition in the value of a products or else in service on consumer spending on the economy. The price effect could also relate to the price impact of an occurrence. The price effect is the impact of replacement and revenue.
The condition where a price hike in one commodity raises the cost of output and decreases the production level of the company thus lowering prices for additional inputs; alternatively, a reduction in the cost of supply
The result is that the price exceeds marginal costs and improve production increases profit. Prices are affected by the price reduction and profit reduction of the increased production.
Option a: Income tax
Income tax is a tax levied on an individual or group with respect to the income or profits received by the individual or group. Income tax is usually calculated as the product of tax rate and taxable income. tax rates may vary depending on the type and characteristics of the taxpayer and the type of income.
Income tax is a tax that the government imposes on income generated by businesses and individuals within its jurisdiction. Income tax is used to fund public services, pay government obligations, and provide goods to citizens.
what is income tax? the tax levied on the income of a company or individual is known as income tax. Income taxable income can come from various sources, including wages, salaries, dividends, interest, loyalty, rent, gambling prizes, and product sales.
Learn more about Income tax here brainly.com/question/26316390
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Answer:
interests of consumers
Explanation:
The long run interests of consumers should be the paramount concern of government government trade policy. Consumers are negatively impacted by only a few dollars and producers have a great deal at stake. Employees may lose jobs if there are more efficient foreign competitors. In such a situation, government should help these employees to get jobs where they can be efficiently employed.
Answer:
$6,666.67
Explanation:
According to the given situation, the computation of the value of a perpetuity is shown below:-
Value of Perpetuity = Quarterly Payment ÷ Quarterly Interest Rate
Now, we will put the values into the above formula to reach the value of a perpetuity
= $100 ÷ (6% ÷ 4)
= $100 ÷ 0.0150
= $6,666.67
Therefore for computing the value of perpetuity we simply applied the above formula.
