The presence fo many monopolistically competitive firms in an industry makes the firm unable to produce enough output to reach the ____ average total cost, so the firms have______ capacity to produce
minimum, excess

Answers

Answer 1

The presence of many monopolistic competitive firms in an industry make firm unable to produce enough output to reach the minimum average total cost, so the firms have excess capacity to produce

When competing businesses produce or manufacture identical and substitute goods and services, monopolistic competition results. Because multiple companies provide products that are unique from one another and are not exact alternatives, it is a sort of imperfect competition.

A monopolistic competitive corporation produces that much in the near run to maximize profits or avoid losses. The firm will make an economic profit if the average total cost is lower than the market price. Because there are so many monopolistic competitive firms in a given industry, the firms have excess capacity because they are unable to create enough output to cover the minimum average total cost.

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Related Questions

suppose you buy a share for $100. at the end of one year the share price is $114 and a $1 dividend is paid. if you do not sell the share, your total annual return is . multiple choice question. 1% 15% 14% 0.93%

Answers

Suppose you buy a share of stock for $100. At the end of one year, the stock price is $114 and a $1 dividend is paid. If you do not sell the stock, your total annual return is 15%.

(1/100) + ((114-100)/100) = 15%

Shares, also known as stocks, are securities that represent partial ownership of the issuing company. A unit of stock is called a "share" and entitles the owner to a portion of the company's assets and profits equal to the shares held by the owner. Equity means a share of ownership in a company.

An example stock is 100 shares of Disney Corporation stock. Buying stock usually requires the help of a stockbroker, as you cannot call the exchange and ask them to buy the stock directly. When you use a stockbroker, whether it's a human or an online platform, you can choose which investments to buy or sell and how to trade them.

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If the marginal benefit of the first donut is 30, the marginal benefit of the second donut is 15, and the marginal benefit of the third donut is 10,
what is the total benefit from eating 2 donuts?

Answers

Answer:

45

Explanation:

Marginal benefit is the additional satisfaction gained from consuming an additional unit of the good. It refers to the advantage associated with the consumption of one more unit of a product. The total benefit is total satisfaction derived from the consumption of goods and services.

The total benefit of consuming two doughnuts is the sum of consuming the first two doughnuts.

= 30 +45

=45

A semi-annual government bond selling for R937, with a coupon of 5.7% has a YTM of 13.9%. The bond matures in 25 years, but can be called in 9 years at a call price of R1059. What value do you need to input into your calculator for "N" to calculate Yield to Call?

Answers

The value to input for "N" in order to calculate the Yield to Call of a semi-annual government bond can be determined based on the bond's characteristics.

In this case, the bond is selling for R937 with a coupon rate of 5.7% and a Yield to Maturity (YTM) of 13.9%. The bond matures in 25 years but can be called in 9 years at a call price of R1059. To calculate the Yield to Call, we need to determine the number of semi-annual periods remaining until the call date. Since the bond matures in 25 years and can be called in 9 years, the remaining periods until the call date would be (25 - 9) * 2 = 32 semi-annual periods. Therefore, the value to input for "N" in the calculator would be 32.

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Items a through l represent possible errors and fraud that you suspect may be present at rex company. the accompanying list of auditing procedures represents procedures that the auditor would consider performing to gather evidence concerning possible errors and fraud. for each item, select one or two procedures, as indicated, that the auditor most likely would perform to gather evidence in support of that item. the procedures on the list may be selected once, more than once, or not at all.

Answers

Answer:

a. Compare the details of cash receipts with journal entries.

b. Prepare a bank transfer schedule.

c. Confirm the terms of borrowing with the lenders agreement.

d. Send request to confirm the entity's account receivable balance.

e. Inspect payroll data of employees and cross check with the transaction recorded.

f. Obtain cut off bank statement to reconcile the transaction.

g. Examine the selected repair order and physically examine the equipment whether repair work is don or not.

h. Examine the supporting documents for the invoice such as purchase order, goods received note and Purchase requisitions.

i. Inspect the payroll endorsements for similar handwriting.

Explanation:

Audit is mandatory for all the companies. The verified financial statements are considered as reliable because they are rechecked by the auditors and if any error or fraud is found it is immediately corrected and rectified. Audit is a critical process which involves objectivity and integrity of a person. The auditors must be independent and they should not have any familiarity with the business employees or owners.

Pls try your best to answer
Pick regular income if it's a regular income and irregular if it's not
1. Wages and salaries
Regular Income
Irregular Income
2. Pensions
Regular Income
Irregular Income
3. Short time work support
Irregular Income
Regular Income
4. Fees from services
Regular Income
Irregular Income
5. Overtime payment
Regular Income
Irregular Income
6. Bonus payment
Regular Income
Irregular Income
7. Commission
Regular Income
Irregular Income
8. Profit
Regular Income
Irregular Income
9. Fees from rent
Regular Income
Irregular Income
10. Lottery wins
Irregular Income
Regular Income

Answers

Answer:

1.Regular Income

2.Regular Income

3.Irregular Income

4.Irregular Income

5.Irregular Income

6.Irregular Income

7.Regular Income

8.Regular Income

9.Irregular Income

10.Irregular Income

Explanation:

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Andrea has a health insurance deductible pf $5,000. Her medical bills for the year total $49,000. How much will she be required to pay out of pocket on her annual medical bills?

A. $5,000

B. $33,000

C. $0

D. $38,000​

Answers

b is right answer I think

$5,000 is the amount she will pay out of pocket on her annual medical bills.

Basically, the term of Deductible is used in Insurance. The amount of deducible refrain the Insurer from liability until a certain level of liability is reached.

In health Insurance, having a deductible of $5,000 on one's policy means the health plan benefits will start after one pays $5,000 out of his pocket.

Information given

Deductible = $5,000

Total claim = $49,000

Therefore, the Option C is correct because $5,000 is the amount she will pay out of pocket on her annual medical bills.

What types of loans are available to consumers?

Answers

Explanation:

Credit Cards: That used fund daily transactions by customers.

Car Loans: That used fund the purchasing of a car by customers.

Private loans: Used mostly by borrowers for school funding.

Personal Loans: Being used personal usage by customers.

true or false, to advance the progress completion percentage in a smartbook assignment, only one question per concept must be answered correctly

Answers

Answer:

False

Explanation:

A SmartBook assignment's progress completion % may not always be dependent on correctly answering just one question per idea. The requirements for increasing a SmartBook assignment's progress completion percentage can change based on the particular assignment, the course, and the instructor. It could be determined by properly answering a predetermined number of questions overall, a predetermined number of questions in each topic area, or by doing a predetermined number of activities or evaluations inside the assignment. The easiest way to find out the precise requirements for raising the progress completion percentage in a SmartBook assignment is to study the assignment instructions or speak with the instructor.

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Silicon Chip Company's fiscal year-end is December 31. At the end of 2021, it owed employees $32,000 in salaries that will be paid on January 7, 2022 Required: Prepare an adjusting entry to record accrued salaries, a reversing entry on January 1, 2022, and an entry to record the payment of salaries on January 7, 2022.

Answers

To prepare three entries related to Silicon Chip Company's salaries owed to employees at the end of 2021. The first entry is an adjusting entry to record the accrued salaries at year-end. The entry will involve debiting Salaries Expense for $32,000 and crediting Salaries Payable for the same amount. This will increase the Salaries Expense and create a liability for the company.

The second entry is a reversing entry on January 1, 2022, which will cancel the effects of the adjusting entry made at year-end. The entry will involve debiting Salaries Payable for $32,000 and crediting Salaries Expense for the same amount. This will reverse the effect of the adjusting entry, and the company's records will show no Salaries Payable balance. Finally, the third entry is to record the actual payment of salaries to employees on January 7, 2022. The entry will involve debiting Salaries Payable for $32,000 and crediting Cash for the same amount. This will reduce the Salaries Payable liability and reduce the Cash balance of the company. preparing these three entries is crucial to accurately record the salaries owed and paid by Silicon Chip Company. The adjusting entry records the liability, the reversing entry ensures the accurate recording of the transactions, and the payment entry reflects the actual payment of the salaries.

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What is Bloom’s Taxonomy?
( no c0py from g00+gle)

Answers

Answer:

a set of three hierarchical models used to classify learning objectives into levels of complexity and specificity

Answer:

Bloom's Taxonomy is a Hierarchal Pyramid used to classify the objectives when learning something into: creating, evaluating, analyzing, applying, understanding, and remembering.

Explanation:

5. A number with the addition of itself becomes 38. What
is the number?

Answers

Answer:

19+19=38

...........................

To find the answer to this, just divide the given variable (38) by 2. Which is 19

Now that Amazon does collect sales tax in most states, what other loopholes has Amazon found to evade other taxes?
(In depth response)

Answers

Another area in which Amazon has found another tax loophole in order to evade taxes is:

They make use of foreign based companies to receive payments from customers in another country.

What is a Tax Loophole?

This refers to the legal clauses which the rich people and corporations exploit in order to evade paying tax or paying as much as other people.

One tax loophole which is being used by Amazon to evade tax is the use of foreign based companies to receive payments from customers in another country and bypass HMRC.

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in the diagram to the right, point a provides the _____, point b the _____, and point c the _____.

Answers

In the diagram on the right, points a and b represent the equilibrium​ price and market equilibrium while points c represent the equilibrium quantity.

The equilibrium price, which is obtained when the quantity of the good that consumers prefer to buy, or quantity requested, equals the quantity that producers wish to sell, or quantity provided, is the only price at which consumer and producer plans can be reconciled. This common quantity is referred to as the "equilibrium quantity." When supply and demand, for instance, are balanced and the values of other economic variables do not change in the absence of outside forces, the economy is said to be in equilibrium. For instance, equilibrium occurs in the traditional text ideal competition when the quantity demanded and the quantity supplied are equal. Economic equilibrium is a state that an economic player cannot change by any method.

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john opened a new bookstore and drafted a business plan. he described in detail the store's strategic plan, but no one seemed to be interested in his books due to the popularity of e-reading. to attract customers, john decided to also give out candles with each book purchase. john now operates a small candle shop in his town and abandoned the idea of opening a bookstore. this is an example of what strategy?

Answers

The answer is maximise organisation performance.

What is organisational performance?

The actual output or results of an organization as compared to its expected outputs make up organizational performance (or goals and objectives).

The accomplishment of an organization's goals at the conclusion of a project or program is referred to as organizational performance.

Organizational performance, according to Richard et al. (2009), includes three distinct areas of business outcomes financial performance, performance on the product market and shareholder return.

The phrase "organizational effectiveness" has more meaning.

Many firms have tried, in recent years, to manage organizational performance using the balanced scorecard methodology, where performance is monitored and gauged along multiple dimensions

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the success rate of cartels is slim because:
a. participation is secretive.
b. all cartels are designed to fail.
c. the agreed price is too low.
d. cheating is likely to occur due to profitability.

Answers

D. Cheating is likely to occur due to profitability.

The main reason why the success rate of cartels is slim is that cheating is likely to occur due to the potential for increased profitability. Cartels are formed by competitors in an industry to restrict competition and increase prices. However, individual members of the cartel have the incentive to cheat by secretly lowering prices or increasing production to gain a larger market share and maximize their profits.

This undermines the cartel's efforts to maintain high prices and reduce competition, leading to the failure of the cartel. The secretive nature of cartel participation and low agreed prices (option a and c) may contribute to the challenges faced by cartels, but cheating is the primary reason for their low success rate.

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Bodine Corp. has a contract to deliver cleaning products to the community center. The contract with the aquatic center states that the first 500 gallons of cleaner will cost $16 per gallon. However, the cost will drop to $12 per gallon for all purchases over 500 gallons. Based on its experience, Bodine Corp. estimates that the center will use 800 gallons of chemicals. What transaction price per gallon should Chlorine use for this contract?

Answers

Based on the information provided, Bodine Corp. has a contract with the aquatic center for delivering cleaning products. For the first 500 gallons, the cost is $16 per gallon, and for any additional gallons beyond that, the price drops to $12 per gallon.

Since Bodine Corp. estimates that the center will use 800 gallons of chemicals, we can calculate the total transaction price for the contract as follows:

First 500 gallons: 500 gallons x $16/gallon = $8,000
Additional 300 gallons: 300 gallons x $12/gallon = $3,600

Total cost for 800 gallons: $8,000 + $3,600 = $11,600

To find the transaction price per gallon, we can divide the total cost by the total number of gallons:

$11,600 / 800 gallons = $14.50 per gallon

So, the transaction price per gallon for this contract should be $14.50.

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Firms A and B plan to collude in an economy for their similar​ products, which includes the grim strategy for punishment. They plan to set the price of their product at​ $8. The marginal cost of Firm A is​ $5 and Firm B is​ $4.50. If firm A is impatient to earn more profits and Firm B wishes to last in the business for the​ long-run, which of the following situations would likely​ occur? A. Firm B reduces the price to​ $7 causing Firm A to exit the market. B. Firm B reduces the price to​ $7 causing Firm A to reduce its price to​ $7. C. Firm A reduces the price to​ $7 causing Firm B to reduce its price to​ $4.50. D. Firm A reduces the price to​ $7 causing Firm B to exit the market.

Answers

Answer: C. Firm A reduces the price to​ $7 causing Firm B to reduce its price to​ $4.50.

Explanation:

Since firm A is impatient to earn more profits and Firm B wishes to last in the business for the​ long-run, then Firm A will reduce the price to​ $7 causing Firm B to reduce its price to​ $4.50.

Since Firm A reduces the price to​ $7, this will lead to an increase in the quantity demanded of the product and therefore the firm can earn more profit. On the other hand, firm B will reduce its price to a point where the price meets the marginal cost which is $4.50.

Organizational behavior clearly indicates that managers should be held accountable for task performance results but not job satisfaction results since job satisfaction results are the domain of employees.True False

Answers

The given statement which states that in organizational behavior, managers should be responsible for task performance results and not job satisfaction results is false.

What is Job Satisfaction?

This refers to the feelings of fulfilment which a person gets based on the job he is doing.

With this in mind, we can see that in the organizational behavior which lays emphasis on the interaction of people in groups, then the managers are also held responsible for the job satisfaction results.

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lisa shares a driveway with her neighbor. the driveway is on lisa’s property, but lisa allows her neighbor to use the driveway. what is this an example of?

Answers

The scenario in which Lisa shares her driveway with her neighbor exemplifies an easement.

An easement is a legal arrangement that allows someone to use another person's property for a specific purpose.

In this case, Lisa owns the driveway, but she has given her neighbor permission to use it.

This permission creates an easement for the neighbor. The easement may be formalized through a written agreement or it could be an informal arrangement.

However, it's important to note that an easement does not transfer ownership or exclusive rights to the neighbor.

Lisa still retains ownership of the driveway and can use it herself.

The neighbor's use of the driveway is limited to the agreed-upon purpose, which is likely for access to their own property.

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Design thinking is based on the needs of the designer.
True
False

Answers

Answer:

True

Explanation:

Suppose that business travelers and vacationers have the following demand for airline
tickets from Los Angeles to San Francisco:
Price
$150
$200
$250
$300
Quantity Demanded
(business travelers)
35,000
30,000
26,000
20,000
Quantity Demanded
(vacationers)
25,000
21,000
14,500
11,000
1. As the price of tickets rises from $200 to $250, what is the price elasticity for both
(a) business travelers and (b) vacationers ?
2. Why might vacationers have a different elasticity than business travelers?
3. What would be the Exact Quantity Demanded and change in Total Revenue if the
Airlines Change the Price for Business Travelers from $200 to $230?

Suppose that business travelers and vacationers have the following demand for airlinetickets from Los

Answers

It may be 150 or 200

Suppose that the current one-year interest rate is 1R1 = 2%. Assume that the expected one-year Treasury bond rates over the following three years (i.e., years 2, 3, and 4, respectively) as as follows: E(2r1) = 2%, E(3r1) = 3%, E(4r1) = 2.5% Suppose the unbiased expectations theory is true. Please solve for the current annual rates for two-, three-, and four-year maturity Treasuries. (In the book, the notation for these interest rates are 1R2, 1R3, and 1R4, respectively.)

Answers

The current annual rates for two-, three-, and four-year maturity Treasuries are approximately 3.75%, 1.83%, and 0.625%, respectively.

According to the unbiased expectations theory, the current interest rate for a specific maturity is equal to the expected average of future short-term interest rates over that period. In this case, we can calculate the current annual rates for two-, three-, and four-year maturity Treasuries using the given expected one-year Treasury bond rates.

Using the formula:

1Rn = [E(nr1) + E((n+1)r1) + ... + E(4r1)] / n

1R2 = [E(2r1) + E(3r1) + E(4r1)] / 2

= [2% + 3% + 2.5%] / 2

= 7.5% / 2

= 3.75%

1R3 = [E(3r1) + E(4r1)] / 3

= [3% + 2.5%] / 3

= 5.5% / 3

≈ 1.83%

1R4 = [E(4r1)] / 4

= [2.5%] / 4

= 0.625%

Therefore, the current annual rates for two-, three-, and four-year maturity Treasuries are approximately 3.75%, 1.83%, and 0.625%, respectively.

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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???

Answers

Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.

Which of the following could help determine a job candidate's trustworthiness?
A) A credit check
B) A recorded oral test
C) An in-person interview
D) Closed-ended interview questions

Answers

Answer:

C) An in-person interview

Explanation:

All the options listed, the best choice to determine a candidate's trusworthiness is the in-person interview. An in person-interview allows the interviewer to get to know the candidate better, because open-ended questions can be made about the candidate's proffesional and personal life.

In this type of interview, it is the job of the interviewer to analyze the answers, and reach a conclusion that can determine whether the person is to be trusted or not.

if you have many competing financial goals, what should you do to help yourself focus on the most important ones
a. get more unearned income
b. prioritize and make a budget
c. open a checking account
d. diversify your investments

Answers

Answer:

b. prioritize and make a budget.

Explanation:

Comprehending the drive and purpose behind one's objectives will help broaden their mind and allow people to think about why they set the targets initially. Financial priorities are perfect because they're helping people establish an ambitious plan for their life to move ahead. To balance competing financial objectives, one needs to think about which goals are already in place, which ones may be pending for a few years, and what adjustments one might like to add to their budget.

Answer:

b. prioritize and make a budget

Explanation:

Judy's rental real estate was completely destroyed by a fire in June 2021, and she received the reimbursement check from the insurance company later that month. If there were a gain on the conversion, when would the replacement period end? A) December 31, 2024 B) June 30, 2023 C) December 31, 2023 D) June 30, 2024

Answers

If the conversion occurs in June 2021, the end of the tax year is December 31, 2021, so the replacement period ends on December 31, 2023 (2 years from the end of the tax year in which the conversion occurred).Thus, the correct answer is option C) December 31, 2023.

If there were a gain on the conversion, the replacement period would end on December 31, 2023. Explanation:Judy's rental real estate was completely destroyed by a fire in June 2021, and she received the reimbursement check from the insurance company later that month. Because Judy had a gain on conversion due to the insurance reimbursement, she must purchase a new property within the replacement period to avoid paying tax on the gain. The replacement period ends on the earlier of the date that the replacement property is purchased or the end of the replacement period. The replacement period is 2 years from the end of the tax year in which the involuntary conversion occurs, or December 31 of the second calendar year following the year in which the conversion occurred.If the conversion occurs in June 2021, the end of the tax year is December 31, 2021, so the replacement period ends on December 31, 2023 (2 years from the end of the tax year in which the conversion occurred).

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Question 3 of 25
Which of the following statements best explains why some people get life
insurance and others don't?
A. Life insurance is a cost that has no direct benefit.
B. Some people have more than one life-insurance policy.
C. Different people are willing to face different kinds of risks.
D. Some life insurance companies go out of business before you die.

Answers

Answer is C. The other 3 answers don’t state what the question is asking.

Which of the following statements is true?
A. The reporting relationship between human resource management and the training function is standard across companies.
B. Including training as part of the human resource function allows training to be decentralized to better respond to unique needs in different business units.
C. Organizational development professionals are seldom responsible for training.
D. For training and development to succeed, employees, managers, training professionals, and top managers all have to take ownership.

Answers

The statement which is considered true is For training and development to succeed, employees, managers, training professionals, and top managers all have to take ownership. Thus the correct option Is D.

What are the functions of the HR department?

The human resource Department of any organization is responsible for the onboarding and exit of an employee in an organization through Recruitment and termination.

They also take care of payroll, employee engagement, performance appraisal, and training development of employees in order to improve them and for promotion.

Employees, managers, training specialists, and top managers must all take responsibility for training and development in order to meet organizational requirements and improvement needs.

Therefore, option D is appropriate.

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The difference between who you
are and who you want to be is
what you do.
Pahraphrase the quote and explain what this quote means

Answers

Answer:

a quote is the authors exact words

Explanation:

Project: How Entrepreneurs Improve the Economy
This project will focus on researching different ways that entrepreneurs improve the economy. You will then explore these ways and
explain whether you agree or disagree with how each can improve the economy.
During this project, you'll accomplish the following:
O Objectives
• Research at least five ways that entrepreneurs improve the economy and explain whether you agree or disagree with each.
Directions
Use the Internet to research different ways that entrepreneurs improve the economy. You will need to have at least five ways. Be sure
to include the URL links you used as resources in the space below.
Now that you have completed the research, record your findings in the table below and include the links,
1 Fillin five ways that entrepreneurs improve the economy

Answers

Answer:

time management

make best decision

saving the budget

having ideas

never relaxed

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