Answer:
The correct answer is the last statement.
Explanation:
A monopolistic market has a large number of buyers and sellers. The sellers produce close substitutes. The firms rely on advertising. There is a relatively higher degree of competition and restriction on entry as compared to a perfectly competitive market. The firms are able to maximize profit at the point where marginal cost is equal to marginal benefit.
In a perfectly competitive market, however, there are large number of buyers and sellers. These sellers produce homogenous products. There is no restriction on entry and exit of the new firms. The profit is maximized at the point where price, marginal revenue, and, average revenue are equal to marginal cost.
Can developing country to term and how much they trade
Answer:
$ 201
Explanation:
Thinking process:
The par value = $ 1 000
time = $ 10 years
rate = 8 %
= 0.08
The amount at a time T is given by the formula:
for $ 1 000, the amount will be:
The amount will be $ 1 006
for $ 8 00 it will be =
the amount will be $ 805
therefore, the net gain will be $ 1 006 - $ 805
= $ 201
Answer:
reports to the CFO and is in charge of the accounting side of the business
Explanation:
The controller reports to the CFO and is in charge of the accounting side of the business.
The treasurer reports to the CFO and is in charge of the finance side of the business.
I hope my answer helps you
Answer:
$7,300 loss
Explanation:
The computation of the net foreign exchange gain or loss included in the income statement is shown below:
Since the merchandise purchased value is $62,900
And, the paid amount is $53,200
So, the gain on transaction is
= $62,900 - $53,200
= $9,700
The borrowed amount is $305,000
And, the principal amount is $322,000
So, the loss is
= $305,000 - $322,000
= $17,000 loss
So in this case $7,300 loss is included which is a difference of $9,700 and $17,000