Break-even analysis is the process used to determine the profitability of a product at various levels of sales.
Answer:
D. usually produces an inefficiently small level of output.
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices is usually set by market forces. There is no need for advertising because all firms produce homogenous products. There is little or no need for government regulation because goods and services are efficiently distributed.
A monopoly is characterised by one firm in the industry. The firm sets the market price. The government regulates the activities of the activities of a monopoly to reduce inefficiency that usually occur. Either quantity produced or price are usually regulated by the government to reduce inefficiency and ensure fair distribution of goods and services.
Monopoly firms usually advertise and undertake more research activities when compared to a pure competition.
I hope my answer helps you
Answer:
$1,666,666.67
Explanation:
This is a time value of money(TVM) question specifically, a perpetuity.
Use the formula for present value of perpetuity to solve it. It is as follows;
PV or perpetuity = Recurring cashflow / interest rate
PV = CF / r
Recurring annual cashflow ; CF = 100,000
rate; r = 6% or 0.06 as a decimal
PV = 100,000 / 0.06
PV = 1,666,666.667
Therefore, your parents will deposit $1,666,666.67 today
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In
order for companies to take responsibility for unintended effects,
governments put into place regulations. These regulations ensure that
companies do not take actions in the conduct of their core businesses that
create conflicting or possibly dangerous outcomes, such as exposing consumers
to potential risk.
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A random variable x is a numerical outcome of a probability experiment. There is a numerical value which is determined by chance for each outcome in the procedure or experiment. Therefore, a random variable is used for describing outcomes using numerical values.
x = time in minutes
