The annual average rate of return can be calculated by calculating the average of three years annual return on the investment.
It is given that the investment earned a positive return of 13.1% in the first year, a negative return of -4.3% in the second year and a positive return of 5.9% in the third year.
Hence the annual average rate of return shall be (13.1-4.3+5.9)/3 =<u> 4.9%</u>
Answer: A1
Explanation: The columns are arranged alphabetically and the rows are ordered numerically. The cell address states the column, a letter, followed by the row, then a number.
The firm will exit or leave the industry as its not making any profits.
<h3><u>CALCULATION OF THE PROFITS</u></h3>
According to the Question,
The firm produces at P = MC
Where we know,
Q = 55 units
P = $4.78
ATC or Average Total Cost = 6.76
AVC or Average Valuable Cost = 3
P > AVC so the firm produces to minimize losses at the MC = P.
Profit = ( P - ATC ) × Q
=( 4.78 - 6.76 ) × 55
= - 108.9
The profit is - 108.9 dollars per minute.
As the firm in the industry is making losses ( a negative profit ) so it will exit the industry in the long run.
To know more about competitive firms, check the given link.
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Answer: Alternative evaluation.
Explanation:
Alternative Evaluation is the phase of the purchaser decision process where the consumer makes use of the information gotten from the information search to assess other brands in the category of the product.
For example, if a consumer is assessing a group of television and he or she has identified three attributes like price, performance and design. The consumer will assess each brand and make decision based on his or her assessment.
Answer:ummarizes the company's operating activities for the year: Utilities for the store $ 10 comma 300 Sales commissions 10 comma
Paper Clip Company sells office supplies. The following information summarizes the company's o
Explanation:ies for the store $ 10 comma 300 Sales commissions 10 comma 300 Sa
ies. The following information summarizes the company's operating activities for the year: Utilities for the store $ 10 comma 300 Sales commissions 10 comma 300 Sales revenue 164 comma 100 Purchases of merchandise 89 comma 000 January 1 inventory 27 comma 400 Rent for st
