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likoan [24]
3 years ago
8

Every morning, Jeannine’s bathroom scale tells her that she weighs 120 pounds. However, when she go to the doctor’s office, the

very accurate professional scale says she weighs 130 pounds. Jeannine’s bathroom scale has ________ reliability and ________ validity. Group of answer choices
Business
1 answer:
lora16 [44]3 years ago
5 0

Answer:

high reliability

low validity

Explanation:

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The perfectly competitive firm's short-run supply curve is the Group of answer choices upward-sloping portion of its average tot
allochka39001 [22]

Answer:

Portion of its marginal cost curve that lies above its average variable cost curve.

Explanation:

This is explained to be the portion of its marginal cost curve because marginal gross benefits exceeds marginal cost, the firm can earn greater profits by increasing its output.

These profits are been maximized by choosing to supply the level of output where its marginal revenue equals its marginal cost. When this revenue is below the said marginal cost, money is lost, and consequently, it must reduce its output. Profits are however utilized when the firm chooses the level of output where its marginal revenue equals its marginal cost.

4 0
3 years ago
Two​ firms, A and B​, must each choose either a low price or a high price for their product. The payoff matrix shows the profit
ahrayia [7]

Answer: 1. A.Both firms will choose the low price.

2. B. Both firms would choose the high price.

Explanation:

1. If the firms cannot cooperate with each other and must choose simultaneously, both firms will choose the low price.

This is because at the low price both of them are at the highest profit they can make when they are not cooperating. For instance, if Firm B chooses Low Price and Firm A chooses High Price, Firm A will make $3 million while Firm be will make $8 million.

If Firm B decides to have a high price then firm A will take the low price and make $8 million in profit while Firm B makes $4 million. If they are not working together, they will both have to take the low price to make the most profit.

2. If the firms could cooperate with each​ other, both firms would choose the high price.

The is because they will be making more than competing and getting a lower profit. Should they cooperate they will each get $7 million in profit because they will pick the option they can both make the highest profit at. The is better than competing and making only $5 and $6 million respectively.

If you need any clarification do comment. Cheers.

4 0
3 years ago
Which job in the Finance career cluster is ideal for a person with a master’s degree?
nasty-shy [4]

Answer:

i put d

Explanation:

5 0
3 years ago
Read 2 more answers
You are planning to open a new Italian restaurant in your hometown where there are three other Italian restaurants. You plan to
gtnhenbr [62]

Answer:

C) The demand curve facing each restaurant owner becomes more elastic.

Explanation:

Evidently, the competition increases when a new player enters the market. By entering the market with a new, specialized restaurant, the demand curve of each restaurant becomes more elastic. That is because consumers have more restaurants to compare the price, so they can go for the most convenient. When that happens, the demand is more sensitive to price change.

4 0
3 years ago
Good Investments Company forecasts a $1.74 dividend for 2017, $1.87 dividend for 2018 and a $1.98 dividend for 2019 for Mountain
Alex17521 [72]

Answer:

The correct option is D,$29.37

Explanation:

The intrinsic value of the company is the present value of the dividends plus the present value of the terminal value in year 3

present of dividends=$1.74/(1+7%)+$1.87/(1+7%)^2+$1.98/(1+7%)^3=$ 4.88  

Terminal value=dividend after year /cost of capital

                       =$2.10/7%=$30

present value of terminal value=$30 /(1+7%)^3=$ 24.49  

Note that the discount factor of year 3 is applicable to the terminal value as well.

sum of present value of dividends and terminal value=$ 24.49+$4.88=$29.37

5 0
3 years ago
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