Answer:
MR =MC
P > MC
The industry will not be efficient.
In that order.
Explanation:
Just like in a monopoly, a monopolistically competitive firm always aims to produce at the profit maximizing level. This stays the same in long run and in the short run, this is where , Marginal revenue = Marginal Costs.
The price is set such that it is above average total costs and marginal costs, this results in an economic profit. Thus prices are usually set P > MC.
The prices are also greater than ATC and in the long run these prices equal the ATC while still remaining slightly above the MC curve if the product differentiation is successful.
When this happens, the industry is not efficient in the short run.
Hope that helps.
Answer:
5.52%
Explanation:
For computing the coupon rate we first have to determine the PMT by applying the PMT formula
Given that,
Present value = $954
Future value = $1,000
Rate of interest = 6.2%
NPER = 9 years
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So, after solving this, the monthly payment is $55.18
Now the coupon rate is
= $55.18 ÷ $1,000
= 5.52%
Answer:
The answer is 32.6%
Explanation:
Solution
Given that
An assets has a return average of =10.19%
Standard deviation =22.41%
Probability in any given year =16%
Now
The most you should expect to earn in any given year with a probability of 16 percent is = 10.19 + 22.41
= 32.6
Therefore,what you should expect in given year to lose is 32.6%
Answer:
B)High Power Distance Index
Explanation:
From the question, we are informed about Wayne who is working at the overseas branch of his organization. He needs some clarification about a project. He approaches a senior manager thinking he would get a good explanation. However, he is instructed to follow protocol and sent away. Also, he is informed that only team leads are allowed to approach senior managers. In this case, the organization has a High Power Distance Index score. The power-distance index can be regarded as way to measure acceptance of hierarchy of wealth/power by some people in a nation, business as well as culture. power-distance index helps to know how well citizen can accept authority or challenge authority of those in power.
If a defendant makes an untrue statement of fact about the plaintiff and the statement was intentionally or accidentally published to a third party, the defendant is held liable for misappropriation of the right to publicity-<u>The STATEMENT HOLDS FALSE</u>
Explanation:
<u>The right of publicity is violated when the unauthorized commercial use of a plaintiff's identity occurs.</u>
<u> A commercial use occurs when the defendant offers the plaintiff's identity to promote the sale of products, services, or fundraising.</u>
The statement stated in the question stands false because
- The defendant has not made any unauthorized use of the Plaintiff identity.
- No promotion of sale of any product ore services or any fundraising activity is mentioned in the question
He<u>nce ,the Statement hold's False</u>