Answer:
The price of trucking services would fall until equilibrium prices are reached. Only normal profit would be earned in the long run
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
Answer:
make sure she good
Explanation:
can i have brainlyest pls?
Answer:
$291.56
Explanation:
Find the dividend amount per year;
D1 = D0(1+g ) = 3.40(1+0) = 3.40
D2 = 3.40*(1.05) =3.57
D3 = 3.57*(1.05) =3.7485
D4= 3.7485*(1.15) = 4.3108
D5 = 4.3108 *(1.10) = 4.7419
Find the Present value of each year's dividend;
PV (of D1) = 3.40/ (1.14 ) = 2.9825
PV (of D2) = 3.57/ (1.14² ) = 2.7470
PV (of D3) = 3.7485/ (1.14³ ) = 2.5301
PV (of D4) = 4.3108/ (1.14^4 ) = 2.5523
PV (of D5 onwards)
PV (of D5 onwards) = 280.7519
Next, sum up the PVs to find the maximum price of this stock;
= 2.9825 + 2.7470 + 2.5301 + 2.5523 + 280.7519
= 291.564
Therefore, an investor should pay $291.56
Banks are for-profit, meaning they are either privately owned or publicly traded, while credit unions are nonprofit institutions. ... This means members generally get lower rates on loans, pay fewer (and lower) fees and earn higher APYs on savings products than bank customers.
hope this helped
Answer:
a. estimated total manufacturing overhead cost in the numerator.
Explanation:
The formula to compute the pre-determined overhead rate is shown below;
As we know that
Pre-determined overhead rate is
= Estimated total manufacturing overhead cost ÷ estimated activity level
Here estimated activity level can be estimated direct labor hours, estimated machine hours etc
Therefore the option a is correct
