Answer:
price for a monopolistically competitive firm exceeds the marginal cost
Explanation:
Monopolistically competitive firms do not achieve allocative efficiency because the <em>"price for a monopolistically competitive firm exceeds the marginal cost"</em>
Allocative efficiency is known to be an economic concept which actually regards efficiency at the societal level. This usually refers to the production of the optimal quantity of some output. The quantity produced is actually the marginal benefit of one more unit which the society enjoys and which is equal to the marginal cost.
In a monopolistically competitive industry, they will produce a lower quantity of a good and then their prices will be higher than would a perfectly competitive industry. A monopolistic competitive firm’s demand curve actually slopes downward. This then means that it will charge a price that exceeds marginal costs.
Charlie is a manager who, every week, has to review and approve reports, monitor the performance of subordinates, set the vision and goals for the team, set the structure for the team, and communicate with executives. However, Charlie seems to be in meetings all of the time and has little time to review and approve reports. Charlie is most likely experiencing a hard time at work
<h3>Who is a manager?</h3>
A manager is a leader who have people who directly reports to him. He is charged with the duty of supervision am ensuring that a company goal and objective is achieved.
Therefore, Charlie seems to be in meetings all of the time and has little time to review and approve reports. Charlie is most likely experiencing a hard time at work.
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<span>The
Bill of Rights to the United States constitution guarantees
individual freedoms, such as freedom of speech and the freedom of
religion . which underlie the american free enterprise system. It is Basically your first amendment</span>
Answer:
A. From the appreciation of the bonds
Explanation:
Zero or very low coupon bond do not pay much (coupon) in their life (so C eliminated). They are sold at a deep discount to investor. As time pass, the value of the bond usually increases to approach face value (hence A).
Normally investor still have to pay for the imputed ("phantom") interest that comes from their real return (B eliminated)
If interest rate increases, the bond will decreases in value to create the required return the new buyer when they eventually sell it (D eliminated)
Answer:
d. $44,161
Explanation:
The computation is shown below:
The present value of the periodic interest to be paid on the bonds is
= Face amount × interest rate × present value of an annuity at 6% for 10 years
= $100,000 × 6% × 7.36009
= $44,161
Refer to the present value of an annuity table
On a semiannual basis, the interest rate is half and the time period doubles =. The same is applied in the above calculation.
