Answer:
b
Explanation:
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
An example of monopolistic competition are restaurants
When firms are earning positive economic profit, in the long run, firms enter into the industry. This drives economic profit to zero
If firms are earning negative economic profit, in the long run, firms leave the industry. This drives economic profit to zero
in the long run, only normal profit is earned
If Verslas is producing at a profit maximising point, it means that marginal revenue equal marginal revenue and the firm is earning a normal profit
Answer:
The required rate of return is 11%
Explanation:
Dividend valuation method calculated the value of stock based on dividend payment, growth rate and required rate of return.
Use following formula to calculate the the required rate of return
Price = Dividend / ( Required Rate of return - Growth rate )
20 = $1 / ( Required Rate of return - 6% )
20 = $1 / ( Required Rate of return - 0.06 )
Required Rate of return - 0.06 = $1 / $20
Required Rate of return - 0.06 = 0.05
Required Rate of return = 0.05 + 0.06
Required Rate of return = 0.11
Required Rate of return = 11%
Answer:
The direct Labor for planning the budget of May would be closest to = $ 6.4 * 6900 = $ 44160
Explanation:
The direct Labor for planning the budget of May would be closest to = $ 6.4 * 6900 = $ 44160
The direct Labor for planning the budget of 6,900 units would be = $ 6.4 * 6900 = $ 44160
The direct Labor for planning the budget of 6,850 units would be = $ 6.4 * 6850 = $ 43840
So the difference between the budgeted direct labor and actual direct labor would be =$ 43840- $43,370 = $ 470
So the difference between the budgeted direct labor for estimated output and actual direct labor would be = $ 44160- $43,370 = $ 790
Answer:
$146,000
Explanation:
Net income $120,000
Add: depreciation expenses $6,000
Increase Accounts Receivable 10,000
Decrease Accounts Payable 15,000
Less $5,000
(increase Accounts Receivable 10,000-
decrease Accounts Payable 15,000)
Net cash $146,000
Therefore the amount that Liberty should report as net cash provided by operating activities in its statement of cash flows for the year will be $146,000
Answer: technological discovery; economic dislocation
Explanation:
In the scenario described, Karen had spotted an entrepreneurial opportunity that was created by the new extraction technique, or a technological discovery. When there's a technological discovery, there will be new opportunities for people.
The technological discovery created an oil boom or an economic dislocation. When there's a change in economic conditions as a result of displacement of some workers, we say the affected people have been dislocated from the affected economy, in terms of employment.
