Answer:
33.3%
Explanation:
Cost of one common stock =$12
Cost of 5 common stock = $60
Price of preferred stock = $75, which is more than $60
Hence, it would not make sense to convert the preferred stock shared into common stock as of now.
Now, if P is $20, then price of 5 stocks:
= 5 × 20
= $100
Hence, the Preferred stock price must increase to at least $100 otherwise there will be arbitrage opportunity.
Increase in price:
= price of 5 stocks - Price of preferred stock
= $100 - $75
= $25
% increase = (Increase in price ÷ Price of preferred stock) × 100
= (25 ÷ 75) × 100
= 33.3%
First line manager - This is because she is mandated with making short-term decisions directing the daily tasks of non-managerial personnel. She cannot make any major decisions concerning the production process. However, she is an important source of
information about worker satisfaction for higher management to take into
account in their organizational planning process.
Answer: Option A
Explanation: In simple words, intertemporal decision making refers to the study of how the decision made by an individual today affects the choices that he or she have in the future. It is based on the assumption that less consumption today will bring significant increase in consumption tomorrow.
In the given case, despite of having enough income to lead a healthy lifestyle in present,Lee decided to save his money in the future. This will lead to choices fro him that will give him higher utility.
Hence from the above we can conclude that the correct option is A.
Answer:
The options for this question are the following:
a. marginal cost equals average revenue.
b. marginal revenue equals average cost.
c. average total cost equals average revenue.
d. marginal revenue equals marginal cost.
The correct answer is d. marginal revenue equals marginal cost.
Explanation:
The pure monopoly arises when there is a total absence of competition, due to independent entry barriers to the company's competitive capacity.
A single company offers a product that has homogeneous characteristics, which has no substitutes and for that reason has a large number of buyers. There are also economic, technological or legal barriers that prevent the entry of potential competitors. That is, there are barriers to entry.
In general, a monopoly situation occurs in the market when a single company controls the level of production and price of a product in the market. We could say that this single company has the ability to determine the price to be charged for that product and will have the power to decide the amount of production it will offer to the market.
