Answer:
The correct answer is option d.
Explanation:
If oligopolists are able to collude successfully, they will be able to fix price and output similar to a monopoly.
In order to maximize profits, the oligopoly firms keep their prices higher than a perfectly competitive firm but lower than monopoly. The output level is kept higher than a monopoly firm but lower than a perfectly competitive firm.
Answer:
Break-even point= 7,900 new costumers
Explanation:
Giving the following information:
Assume that during a recent fiscal year, one outlet spent $1,659,000 on a promotional campaign for its website that offered two free months of service for new subscribers.
In addition, assume the following information: Number of months an average new customer stays with the service (including the two free months) 22 months Revenue per month per customer subscription $16 Variable cost per month per customer subscription $5.
Break-even point= fixed costs/ contribution margin
Fixed costs= 1,659,000
Contribution margin= (16*20)-(5*22)= 210
Break-even point= 1,659,000/210= 7,900 new costumers
Answer:
Present value of the security = $1,888.89
Explanation:
The annual dividend of $170 represents a perpetual income stream. The present value of a perpetuity is calculated as follows:
where r =interest rate per annum that would be compounded for each year
Therefore, present value of the security = 
= $1,888.89
Answer:
Real GDP will decrease by $50 billion.
Explanation:
In order to calculate the net effect of a reduction in consumption of $10 billion, we need to identify the multiplier first.
Multiplier = 1 / marginal propensity to save
Marginal propensity = 1 - marginal propensity to consume = 1-0.8 = 0.2
Multiplier = 1 /0.2 = 5
The net change then of a reduction by 10 billion = 10 * 5 = $50 billion
Hope that helps.
Because the New Testament is about Jesus
