Answer:
The answer is B.
Explanation:
In purely competitive firms, there are many buyers and sellers that no single buyer or seller can influence the price of goods. They accept the price set by the market conditions which depend on the market supply and demand. Firms in this market are price-takers.
In monopolistic firm, no one is competing against him. He is the only one in the industry. He is the only seller while buyers are many. In most cases, buyers do not have alternative than to buy the product. Because of this, the firm in monopoly sets its price. He is a price-maker.
Answer:
B. Ordinal
Explanation:
Ordinal scales of measurement is the second level of measurement that measures non numeric concepts like happiness, comfort, discomfort, etc
ordinal scale identifies rank of variables with orders like good, very good, excellent etc. An example of ordinal scale of measurement is the Likert scale with measures data with orders like strongly agreed, agreed, , disagreed, strongly disagreed .
In ordinal scale of measurement, it is the order that matters. Therefore a bank that allows its customers to evaluates its drive - thru service as good, average or poor is using the ordinal scale of measurement
Answer:
C. 45,000 units
Explanation:
Inventory of finished units at March 31
10,000
Add:
Sales units
40,000
Total units
50,000
Less:
Inventory of finished units March 1
(5,000)
Balance
45,000
Therefore, the number of units that the company should plan on producing in March is 45,000 units
Answer:
WACC = Ke(E/V) + Kd(D/V)(1 - T)
WACC = 11.28(0.50) + 8.0(0.5)(1 - 0.40)
WACC = 5.64 + 2.40
WACC = 8.0%
The correct answer is B
Explanation:
WACC equals cost of equity multiplied by proportion of equity in the capital structure plus after-tax cost of debt multiplied by proportion of debt in the capital structure. The proportion of equity and debt in the capital structure are 50% respectively. Ke refers to cost of equity, Kd denotes before tax cost of debt, T represents tax rate, E/V denotes proportion of equity in the capital structure and D/V represents proportion of debt in the capital structure.
Answer:
marginal product of n th worker =total output of n workers - total output of n-1 workers
MP(n)=TP(n)-TP(n-1)
MP(10)=209- 191
= 18
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AP=TP/L
AP(10)=209/10=20.9 units
Explanation: