Answer:
Downward sloping; horizontal line; demand; large number of competitors
Explanation:
A monopoly is a market structure where there is only a single firm in the market. This firm is a price maker. It can charge whatever price it wants, but the consumers will demand more at a lower price.
That is why the demand curve of a monopoly is downward sloping and the same as the market demand curve.
A perfectly competitive market refers to the market structure where there is a large number of buyers and sellers. These firms are price takers. They face a horizontal line demand curve. This is because of a large number of competitors producing homogenous products. So if a firm raises its prices the consumers will move to the firm at a lower price.
The market demand curve though is downward sloping.
<span>9.20 percent
Re= 0.036 +1.2(0.085) = 0.138
Re= [($1.10 x 1.02)$19] +.02 = 0.0790526
ReAverage = (0.138 + 0.0790526)/2 = 0.108526
WACC = (1/1.65)(0.108526) + (0.65/1.65)(0.098)(1-0.32) = 9.20 percent</span>
Earnings per share is "$2.5".
We can calculate this in such a way;
<span>Earnings per share = After-tax income or earnings /number of shares outstanding
</span>= <span>$375,000 / $150,000
= $2.5</span>
Answer:
The number of unemployed persons is 15 if we assume the person who are looking for work are NOT “unemployed”
The number of unemployed persons is 25 if we understand “looking for work” is “unemployed currently”
Explanation:
If we assume the person who are looking for work are NOT “unemployed” then:
Total 100 people = 60 of whom hold jobs + and 15 of whom are retired + 10 of whom are looking for work + unemployed persons
⇒ unemployed persons = 100 – 60 - 15 – 10 = 15
However, it’s better to understand “looking for work” is “unemployed currently”, then
Total 100 people = 60 of whom hold jobs + and 15 of whom are retired + unemployed persons (including whom looking for work)
⇒ unemployed persons = 100 – 60 - 15 = 25
Answer:
a. greater variety and lower prices
Explanation:
Due to the comparative advantages, countries can produce the product that they have proficiency. For example, if there are 2 countries, A and B. A have a skill of producing tasty wine, they can produce better quality of wine than B with the lower cost. When the trade barriers are reduced, the wine from A will be sold in B, the customer will have more choices of wine in the market and the price will relatively less different comparing to the price when the high barriers exist.
