Answer:
The correct answer is $255,000.
Explanation:
According to the scenario, the given data are as follows:
Total outstanding shares = 510,000
Shares value before = $3.10
Shares value after deal = $3.60
So, we can calculate the amount of gain on disposal by using following formula:
Gain amount on disposal = Total number of shares × Difference in share value
By putting the value, we get
= 510,000 × ( $3.60 - $3.10)
= 510,000 × $0.50
= $255,000
Answer: Franchise
Explanation:
Franchise could be defined as when new or intending growing businesses use the name of bigger or renowned business names, brands to run their own business. This helps for popularity sake, and making the goods of the smaller business to be marketable through the awareness that has been built in the trust that people have known the big firm for. Most new firms looking to break a competitive market aim at doing this.
Such a person would be making an intuitive decision.
I think you forgot to give the options along with the question. I am answering this question based on my research and knowledge. The condition that must have existed during the second four-month period can be described as depression. I hope that this is the answer that has actually come to your great help.
Answer: They are both right.
Explanation:
Firms in every market will always maximise profit where their Marginal Revenue equals Marginal Cost because at this point, resources are being fully utilized. This is therefore no different in a Perfectly competitive market so Skip is correct.
Peggy is also correct however because in a Perfectly Competitive market, the demand curve is perfectly elastic. This creates a situation where the Price, Marginal Revenue and Average Revenue are all the same and represent the demand curve as well.
With the Price being the same as the Marginal Revenue in a Perfectly competitive firm, that means that where the Price equals Marginal Cost is where the Marginal Revenue equals Marginal Cost as well so indeed perfectly competitive firms maximize profit where price equals marginal cost.
