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3 years ago

12

Write a 2-page paper describing the importance of competition in markets. How does a lack of competition affect prices and outpu

t? Describe what the role of government is in markets vis-a-vis firms in the market.

1 answer:

Sauron [17]3 years ago

6 0

Answer:

we can't write papers for you, it's for questions

You might be interested in

Interest rates on 4-year Treasury securities are currently 6.05%, while 6-year Treasury securities yield 7.6%. If the pure expec

a_sh-v [17]

Answer:

2 year yield 4 years from now 37.99%

Explanation:

given data

Interest rates r1 = 6.05% = 0.0605

Interest rates r2 = 7.6% = 0.0760

to find out

2 year yielding 4 years from now

solution

we find here 2 year securities will be yielding 4 years from now by as

2 year yield 4 years from now = $\frac{(1+r2)^{t2}}{[(1+r1)^{t1}]^{0.5}}$ - 1

put here value we get

2 year yield 4 years from now = $\frac{(1+0.0760)^6}{[(1+0.0605)^4]^{0.5}}$ - 1

2 year yield 4 years from now = 1.379915 - 1

2 year yield 4 years from now = .379915

so 2 year yield 4 years from now 37.99%

5 0

3 years ago

The three broad categories of message strategies include ______________.

sashaice [31]

The three broad categories of message strategies include cognitive, affective and conative. Within these message strategies they are broken down into subcategories with their advertising strategies. Cognitive strategies are number based and solid informative advertisements to consumers. Affective strategies focused on developing brand name. Conative strategies are looking for consumer behavior/reactions such as giveaways, promotions and the like.

4 0

4 years ago

Knowledge Check 01 The standard quantity per unit defines the ________. multiple choice price that should be paid for each unit

cricket20 [7]

Answer:

amount of direct materials that should be used for each unit of finished product including an allowance for normal inefficiencies, such as scrap and spoilage.

Explanation:

Standard quantity per unit is defined as materials that the manufacturer needs to complete a unit of a product. It also allows for inefficiencies such as spoilage and scrap.

It is used by managers to reduce wastage that exists during production by allocation of only the required amount of direct materials in the production process.

5 0

3 years ago

Universal Foods issued 10% bonds, dated January 1, with a face amount of $176 million on January 1, 2021 to Wang Communications.

natima [27]

Answer:

January 1, 2021

Dr Investment in bonds $176 million

Cr Discount in Investment in bonds $24,226,136

Dr Cash $151,773,864

June 30, 2021

Dr Cash $8,800,000

Dr Discount in Investment in bonds $897,538

Cr Interest Revenue $9,607,538

December 31, 2028

Dr Cash $8,800,000

Dr Discount in Investment in bonds $897,538

Cr Interest Revenue $9,607,538

Explanation:

1. to 3. Preparation of the journal entries to record the purchase of the bonds by Wang Communications on January 1, 2021, interest revenue on June 30, 2021 and interest revenue on December 31, 2028

January 1, 2021

Dr Investment in bonds $176 million

Cr Discount in Investment in bonds $24,226,136

($151,773,864-$176 million)

Dr Cash $151,773,864

(To record purchase of bonds)

June 30, 2021

Dr Cash $8,800,000

($176 million*10%/2)

Dr Discount in Investment in bonds $897,538

($24,226,136/30)

Cr Interest Revenue $9,607,538

($8,800,000+$897,538)

(To record Interest Revenue)

December 31, 2028

Dr Cash $8,800,000

($176 million*10%/2)

Dr Discount in Investment in bonds $897,538

($24,226,136/30)

Cr Interest Revenue $9,607,538

($8,800,000+$897,538)

(To record Interest Revenue)

Present value of an ordinary annuity of $1 n=30 I=6%

Present value of an ordinary annuity of $1 =13.76483

Present value of $1 n=30 I=6%

Present value of $1=0.17411

Interest ($176 million *5%*13.76483) $121,130,504

Principal ($176 million*0.17411) $30,643,350

=$151,773,864

5 0

3 years ago

What is the value of $1000 investment that loses 5% each year for eight years

nadya68 [22]

Answer:

$663.420

Explanation:

The value for the investment is the future of $1000, earning a compound interest of -5% for eight years.

The formula for compound interest is as below.

FV = PV × (1+r)^n

Fv = $1000 x ( 1 + (-5/100)^8

Fv= $1000 x (1 +(-0.05)^8

FV= $1000 x (0.95)^8

Fv=$1000x 0.6634204

Fv=$663.420

The value will be $663.42

8 0

3 years ago

Read 2 more answers