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soldi70 [24.7K]
3 years ago
13

As long as a market is contestable, then even if it has only a few sellers, the Group of answer choices threat of new entrants w

ill prevent the prices from rising above the competitive level. producers will be able to charge prices that are high enough to produce long-run economic profits. producers will not face new competition because the barriers to entry are high. market will never be expected to come close to the competitive result.
Business
1 answer:
Irina18 [472]3 years ago
7 0

Answer: threat of new entrants will prevent the prices from rising above the competitive level.

Explanation:

A contestable market has competition such that sellers cannot unilaterally decide to sell at a certain price. They have to sell at a competitive price that is set by the market to ensure that goods are allocated efficiently.

If the prices attempt to rise above this competitive level, new sellers will enter the market so as to make a profit which would have the effect of driving the price back down to where it was and even lower if even more sellers come in. The price is therefore maintained to ensure that this does not happen.

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McConnell Corporation has bonds on the market with 18 years to maturity, a YTM of 9.8 percent, a par value of $1,000, and a curr
djyliett [7]

Answer:

13.70%

Explanation:

We use the PMT formula which is to be shown in the attachment

Given that,  

Present value = $1,326.50

Future value = $1,000

Rate of interest = 9.8%  ÷ 2 = 4.9%

NPER = 18 years × 2 = 36 years

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the PMT is

= $68.48  × 2

= $136.92

Now the coupon rate is

= $136.92 ÷ $1,000

= 13.70%

4 0
3 years ago
Gains and losses can occur with pension plans when: A) Either the PBO or the return on plan assets turns out to be different tha
Rainbow [258]

Answer:

A. Either the PBO or the return on plan assets turns out to be different than expected

Explanation:

8 0
3 years ago
Showing the relationship between evidence on the walls and the floors of a room, by flattening out the walls on the sketch, allo
pickupchik [31]

Answer:

cross-projection method.

Explanation:

Based on the information provided within the question it can be said that the best method to accomplish this task would be to use the cross-projection method. This method makes the floors and walls of a room appear as though they were on the same surface, thus allowing the user to measure the angle formed between two lines.

3 0
3 years ago
Compute the present value of $1,400 paid in three years using the following discount rates: 7 percent in the first year, 8 perce
ch4aika [34]

Answer:

(1) If discount rate is 7%, present value of $1,400 paid in three years is $3,674.04

(2) If discount rate is 8%, present value of $1,400 paid in three years is  $3,607.94

(3)If discount rate is 9%, present value of $1,400 paid in three years is  $3,543.81

Explanation:

We can use excel or manually calculate as below:

(1) Discount rate is 7%:

= $1400/(1+7%)^3+$1400/(1+7%)^2+$1400/(1+7%) = $3,674.04

(2) Discount rate is 8%:

= $1400/(1+8%)^3+$1400/(1+8%)^2+$1400/(1+8%) = $3,607.94

(3) Discount rate is 9%:

= $1400/(1+8%)^3+$1400/(1+9%)^2+$1400/(1+9%) = $3,543.81

I attached the calculation in excel for your reference.

Download xlsx
6 0
3 years ago
In 2019, Ava, an employee, who files single, has AGI of $58,000 and incurred the following miscellaneous itemized deductions thi
SOVA2 [1]

Answer: $1,695

Explanation:

GIVEN THE FOLLOWING ;

miscellaneous itemized deduction for the year;

Home office expenses = $1,200

Union dues and work uniforms = $350

Unreimbursed employee expenses = $415

Gambling losses to the extent of gambling winnings = $890.

Value of miscellaneous itemized deduction is :

Miscellaneous itemized deduction = [(Home office expenses + Union dues and work uniforms + Unreimbursed employee expenses) – 2 % of Adjusted Gross Income + Gambling losses to the extent of gamble winnings]

[($1,200 + $350 + $415) - (0.02 × 58,000) + $890]

[$1,965 - $1160 + $890]

$1,695

6 0
3 years ago
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