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exis [7]
3 years ago
13

Economic surplus is maximized in a competitive market when.

Business
1 answer:
wlad13 [49]3 years ago
8 0

Answer:

the price equals the market equilibrium price

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Scenario 1: If the company constructs 9 apartment buildings, the number of stores will be . Scenario 2: If the company is produc
TEA [102]

The number of stores will be 3 and the opportunity cost of building 3 more stores will be 6 apartment buildings.

<h3>How to explain the opportunity cost?</h3>

The Vertical Line represents the number of Stores. The horizontal line represents the number of Apartments.

Take a look at point E. When the apartment is 9, the stores that they could build is 3.

In point C, the company produces 6 Apartments and 7 Stores. If the company wants to build 3 more stores it would become 10 stores. Take a look at point A. Where the stores are 10, the company cannot build any apartments, which means that they had to sacrifice all 6 from point C.

Learn more about opportunity cost on:

brainly.com/question/1549591

#SPJ1

7 0
2 years ago
Presented below is information from Headland Computers Incorporated.
Fittoniya [83]

Omitted question-- Prepare the necessary journal entries for Headland computers

Answer: Please see answers below

Explanation:

Journal to record sales revenue

Date           Account and explanation          Debit         Credit

July 1st    Account receivables                   $22,600

            Sales Revenue                                                      $22,600

Journal to record allowances for sales returns

July 1st    Sales returns and allowances       $1,334

Allowances for sales return and allowances                     $1,334

Journal to record receipt of cash from Robertson within discount period

July 10   Cash                                       $21,922

Sales discount                                        $678

Account receivables                                                            $22,600

Calculation

Discount = 22,600 x 3%= $678

Cash = $22,600 - $678= $21,922

Journal to record sales revenue

July 1`7   Account receivables                $256,100

Sales revenue                                                                            $256,100

Journal to record receipt of cash from Clark within discount period

July 30   Cash                                 $250,978      

Sales discount                                     $5,122

Account receivables                                                         $256,100                                    

Calculation

Discount = 256,100 x 2%= $5,122

Cash = $256,100 -$5,122= $250,978

8 0
3 years ago
A local marketing firm is considering launching a new and extensive social media marketing campaign. This investment of resource
slava [35]

Answer:

The marketing firm should use the Present Net Value calculation to see if the marketing campaign will add value to the company.

Explanation:

The Present Net Value is a calculation that brings to present time all the future cash flows of an investment. Seeing the campaign marketing strategy as a potential investment, the firm has to identify the revenue entirely caused by the marketing campaign. Doing this, the firm will identify inflows (sales) per year that have to be subtracted to the outflows (marketing expenses). The net value of every year is discounted at a discount rate, and if the Present Net Value is higher than 0, it means that the marketing strategy is expected to bring value to the firm

7 0
3 years ago
Which of the following is true? Multiple Choice
spin [16.1K]

Answer:

The answer is: D) Licenses for functional intellectual property can be viewed as conveying a right of use.

Explanation:

Functional Intellectual Property (IP) is different from other IP since it must possess a standalone functionality. This means it must be able to perform a task, process a transaction, etc.

Because functional IP possess a standalone functionality, licensing agreements provide the customer immediate use of the functional IP. Therefore, revenue from licensing functional IP is recognized at the time the license is given.

7 0
3 years ago
He decides to take the company public through an IPO, issuing 2 million new shares. Assuming that he successfully completes the
Salsk061 [2.6K]

Answer:

$36.79

Explanation:

Calculation to determine What will be the IPO price per share

First step is to calculate the Cumulative shares

Cumulative shares = 375,000 + 400,000 + 250,000 + 400,000 + 2 million

Cumulative shares = 3.425 million

Now let calculate the IPO price

IPO price = $14 × $9 million / 3.425 million

IPO price= $36.79

Therefore What will be the IPO price per share is $36.79

4 0
3 years ago
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