Which of the following recruiting methods would a company use if it wants to

When monopolistically competitive firms advertise, in the long run they will still earn zero economic profit. they can earn posi

Daniel [21]

Answer:

When monopolistically competitive firms advertise, in the long run they will still earn zero economic profit.

Explanation:

Monopolistic competition happens when many producers sell products that are differentiated from one another and hence are not perfect substitutes

Based on this, the demand curve of a firm in a monopolistic competitive market will shift so that it is tangent to the firm's average total cost curve and this will make it impossible for the firm to make economic profit. The best that can be expected is to be able to break even

This means in the long run, a monopolistically competitive firm will make zero economic profit.

A good example is Hotel which can only raise its prices without losing all of its customers based on brand loyalty and distinct quality differentiation.

8 0

4 years ago

Read 2 more answers

Assume that you invest $550 in a certificate of deposit that has an annual interest rate of 4.5 percent. According to the rule o

RoseWind [281]

Answer:

$1,100

Explanation:

Calculation for what will the investment be worth after 16 years

Rule of 72 is the rule or methods which help in estimating an investment's doubling time.

Therefore According to the rule of 72 what we are going to do is to double the amount of money invested in the Certificate of deposit which was $550

Hence,

Since $550 was invested at an annual interest rate of 4.5%. Thus the rule of 72 tells us that the money will double every 16 years,

Approximately:

Years Balance

Now $550

16 $1,100

( The amount of $550 doubles every 16 years)

Therefore what the investment be worth after 16 years will be $1,100

5 0

4 years ago

Classify each item as an asset, liability, common stock, revenue, or expense.

kari74 [83]

Answer: The answer is as follows:

Explanation:

Each item is classified as follows:

(a) Issuance of ownership shares - Common Stock

(b) Land purchased - Assets

(c) Amounts owed to suppliers - Liabilities (Accounts Payable)

(d) Bonds payable - Liabilities

(e) Amount earned from selling a product - Revenue

(f) Cost of advertising - Expense

6 0

4 years ago

Urban City wants to acquire undeveloped private land within the city limits to construct a public park. The city brings a condem

larisa [96]

This is the power of eminent domain.

<h3>What is eminent domain?</h3>

The power of a state, provincial, or national government to take private property for public use is known as eminent domain, land acquisition, compulsory purchase/acquisition, resumption, resumption/compulsory acquisition, or expropriation.

When the government acquires a home or business through eminent domain, it actually destroys value. It transfers property from a higher-value use to a lower-value use, as evidenced by the government's unwillingness to pay the price required to obtain the property voluntarily.

The term "Event of Eminent Domain" refers to any governmental authority's compulsory transfer or taking, or transfer under threat of compulsory transfer or taking, of any material property or asset owned by the Operating Company or any Project Company.

To know more about eminent domain.follow the link:

brainly.com/question/4281421

#SPJ4

8 0

2 years ago

Blue Company acquired a manufacturing facility on four acres of land for a lump-sum price of $8,400,000. The building included u

Ksju [112]

Answer: c.$2,520,000 $2,520,000 $3,360,000

Explanation:

Sum the fair values from the independent appraisals up;

= 3,480,000 + 3,480,000 + 4,640,000

= $11,600,000

The proportion of the individual fair value to the total fair value can then be used to calculate the originals from the lump sum;

Building

= 3,480,000/11,600,000 * 8,400,000

= $‭2,520,000‬

Land

= 3,480,000/11,600,000 * 8,400,000

= $‭2,520,000‬

Equipment

= 4,640,000/11,600,000 * 8,400,000

= $‭3,360,000‬

6 0

3 years ago