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QveST [7]
3 years ago
7

It is said that in a perfectly competitive market, raising the price of a firm's product from the prevailing market price of $17

9.00 to $199.00, ____________________. will likely cause the firm to reach its shutdown point immediately will cause the firm to recover some of its opportunity costs could likely result in a notable loss of sales to competitors is a sure sign the firm is raising the given price in the market
Business
1 answer:
stich3 [128]3 years ago
6 0

Answer:

could likely result in a notable loss of sales to competitors

Explanation:

In the case of the perfect competitive market wheen the price of the firm is increased from $179 to $199 as compared to the prevailing market price so this means that there should be the loss with respect to the sales for the competitors or rivalrs as this would result the firm to lose its overall shares to its rivalry

Therefore the above statement should be considered true

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Which of these steps uses a third party as part of the conflict-resolution effort?
Readme [11.4K]

Answer:

Mediation

Explanation:

Because there is misunderstanding,mediation is done because it is the act of resolving problem( also known as arbitration)

3 0
3 years ago
Read 2 more answers
Why might an improvement team consider collecting balancing measures?
Tanzania [10]

The reason an improvement team would consider collecting balancing measures is "to make sure they didn't unintentionally introduce undesired changes."

This is based on the idea that is balancing measures are information gathered that reveals the details of a health system to make sure an improvement in one aspect is not having adverse effects in another area.

The purpose of an improvement team is to make sure there is a true and right improvement that has no negative effect in any way.

Hence, in this case, it is concluded that the role of the improvement team is vital health care system.

Learn more here: brainly.com/question/15841155

7 0
3 years ago
It will cost $6,000 to acquire an ice cream cart. Cart sales are expected to be $3,600 a year for three years. After the three y
vitfil [10]

Answer: 1.67 years

Explanation:

Pay back period calculates the amount of years the cumulative cash flows from an investment equals the amount of money invested.

The table attached explains how the payback was calculated.

The $3600 cost of the cart would be recouped between the first and second years. Therefore, it would be calculated as 1 year + $2400 / $3600 = 1.67 years

I hope my answer helps you.

6 0
4 years ago
On December 31, 2020, Berclair Inc. had 540 million shares of common stock and 4 million shares of 9%, $100 par value cumulative
Allushta [10]

Solution:

Numerator (Basic EPS): Net income = $900 million;

Preferred  dividends = $27 million (9% x $100 = $9/share x 3 million;

Since  the preferred stock is cumulative, the dividend is deducted whether  or not paid)

Denominator (Basic EPS): Weighted average # shares of common stock outstanding

1/1 – 12/31 => 540 x (12/12) =>  540 x 1.05 = 567

3/1 – 12/31 =>  (24) x (10/12) = (20)  x 1.05 = 21

10/1 – 12/31 => 4 x (3/12) = 1

= 567 - 21 - 1 = 547

Weighted average # shares 190

Basic EPS = ( $900 -  $27 ) ÷ $547

                = $873 ÷ $547 = 1.59

4 0
3 years ago
Grouper Inc. is involved in a lawsuit at December 31, 2020. Prepare the December 31 entry assuming it is probable that Grouper w
goldenfox [79]

Answer:

Grouper Inc. is involved in a lawsuit at December 31, 2020

It is given that Grouper will be liable for $863,600 as a result of this suit. Therefore, the journal entry for this situation is as follows;

On December 31, 2020

Lawsuit loss  A/c  Dr. $863,600

       To Lawsuit liability               $863,600

(To record the lawsuit loss of the Grouper Inc.)

8 0
3 years ago
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