Answer:
$1,511,642.50
Explanation:
Kindly check attached picture for detailed explanation
Answer:
False.
Explanation:
In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.
This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.
Hence, a perfectly competitive market is characterized by the following features;
1. Perfect information.
2. No barriers, it is typically free.
3. Equilibrium price and quantity.
4. Many buyers and sellers.
5. Homogeneous products.
Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market
A Perfectly competitive firm’s entire marginal cost curve is not its short-run supply curve but only the portion of the marginal cost (MC) curve of the perfectly competitive firm that lies above its average variable cost (AVC) curve would be its short-run supply curve.
Amino acids that can be synthesized by the body in sufficient amounts are known as Dispensable.
<h3 /><h3>What is Amino Acid?</h3>
Amino acid are the organic compounds that exist in the human body, there are many different types of amino acids that exist in the environment.
There are 20 types of amino acids that make protein in the human body and are therefore essential for the survival and growth of a human.
Amino acids play an important role in the human body as this acid prevents the muscle loss, and helps recovery from the cut or surgery.
The self healing power the human body have is due to the amino acids without amino acids the human body will not be able to recover the surgery cut and heal the skin.
The synthesized amino acids are known as dispensable which are present in the human body.
Learn more about Amino acid at brainly.com/question/21781947
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Answer:
The expected value of the investment is $3,100
Explanation:
In order to calculate the expected value of the investment we would have to make the following calculation:
The expected value is the summation of the (event * probability of happening that event).
Therefore, The expected value of the investment = ($5,000*0.20) + ($3,000* 0.50) + ($,2000* 0.30)
The expected value of the investment = $1,000 + $1,500 + 600
The expected value of the investment= $3,100
The expected value of the investment is $3,100
