Answer:please refer to the explanation section
Explanation:
The question is incomplete, The amount that each firm must produce is not given or the Quantity/demand equation that each firm faces is not given. We use a firm's quantity/demand equation to calculate how much each firm should produce and then work out the number of firms that should exist in the industry.
let us assume quantity produced by each firm is given by this equation;
Q = 1900 + 15000Price
We need to plug the Price of $2.54 per unit Vitamin Bottle to the quantity equation. Q = 1900 + 15000(2.54) = 40 000
each firm must produce 40 000 units
Number of firms that should exist = Total Market Quantity/Firms Quantity Number of firms that should exist = 1055 560 000/40 000
Number of firms that should exist = 26389
When the price is $2.54, with each firm Producing 40000 units, 26389 firms should exist in the market to cover the total Market Quantity of 1055 560 000.
The question may provide you with the Quantity that each firm must produce, in that case you simple divide total market quantity by the firm's quantity to find number of firm that should exist.
When you are given quantity equations you use the price to work out quantity produced by each firm and then Divide the Market Quantity by Firm's quantity to find number of firms that should exist
Answer:
I think C is the correct answer.
Answer:
C. file a final account of the administration of the estate.
Explanation:
As in the question it is mentioned that Rita designated John for her estate and at the time of her death, she have owned a land parcel with her sister namely Ann
So in this case, John as an executor must to file a estate administration final account and it also represents the beneficiary
Hence, the option c is correct
Answer:
Loan percentage = 33.33%
Amount spend on food = 7200
Explanation:
Monica's salary is 45000
Amount spend on loan is 15000
The percentage of amount spend on rent
=15000/45000 x100
=0.33333 x 100
=33.33 %
Amount spend on loan = 15,000
The remaining amount = 45,000 - 15,000
=30,000
24% of 30,000 is spent on food
Actual amount = 24/100 x 30,000
=0.24 x 30,000
=7200
Amount spent on food = 7200