Economic profit in the long run is: Group of answer choices possible for both a pure monopoly and a pure competitor. possible for a pure monopoly but not for a pure competitor. impossible for both a pure monopolist and a pure competitor. only possible when barriers to entry are nonexistent.

Answers

Answer 1

Answer:

possible for a pure monopoly but not for a pure competitor

Explanation:

The economic profits are the profits in which the firm could be earned by the market power

As we know that in the perfect competition there is a freedom for entry and exit to the markets and also in this no market power due to which its profits are zero

Therefore it should be possible for the pure monopoly, not the pure competitor

Hence, option b is correct


Related Questions

A sales agent, employed by the Sponsor's first-tier, downstream, or related entity (FDR), submitted an application for processing and requested two things: 1) to back-date the enrollment date by one month, and 2) to waive all monthly premiums for the beneficiary. What should you do?

Answers

Options :

A. Refuse to change the date or waive the premiums, but decide not to mention the request to a supervisors or the compliance department

B. Make the requested changes because the sales agent determines the beneficiary's start date and monthly premiums

C. Tell the sales agent you will take care of it, but then process the application properly (without the requested revisions) - you will not file a report because you don't want the sales agent to retaliate against you

D. Process the application properly (without the requested revisions), inform your supervision and the compliance officer about the sales agent's request

E. Contact law enforcement and the Centers for Medicare & Medicaid Services (CMS) to report the sales agent's behaviro

Answer: D. Process the application properly (without the requested revisions), inform your supervision and the compliance officer about the sales agent's request.

Explanation: In the scenario described above, the sales agent request are huge and probably violates ideal business process. When such requests are made, it is important to take note of the requester and it's requests even though such request of rolling back enrollment date and waiving of monthly premium should not be processed. The appropriate heads and stakeholders should be duly informed such as the suowrvisor and compliance officer in other to investigate and uncover why such request was made by the sales agent and then take necessary steps required.

Mortgage loan originator Carol is in a hurry to leave on her vacation, and she leaves a customer's file that contains his Social Security number and bank account numbers on her desk. Carol's carelessness is violating what federal law

Answers

Answer: Fair and Accurate Credit Transaction Act

Explanation:

From the question, we are informed that Mortgage loan originator Carol is in a hurry to leave on her vacation, and she leaves a customer's file that contains his Social Security number and bank account numbers on her desk.

Carol is violating the Fair and Accurate Credit Transaction Act. The Act was put in place to detect and also hinder Identity theft.

Which option is correct. A, B, C, or D
In 2019, Osgood Corporation purchased $6.1 million worth of 10-year municipal bonds at face value. On December 31, 2021, the bonds had a fair value of $4,300,000 and Osgood reclassified the bonds from held-to-maturity to trading securities. Osgood's December 31, 2021, balance sheet and the 2021 income statement would show the following:
Investment in bonds (TS) Income statement loss on investments
a. $4,300,000 $ 0
b. $4,300,000 $1,800,000
c. $6,100,000 $1,800,000
d. $6,100,000 $ 0
a) Option d.
b) Option c.
c) Option b.

Answers

Answer:

b. $4,300,000 $1,800,000

Explanation:

Calculation for what Osgood's December 31, 2021, balance sheet and the 2021 income statement would show

First step is to find the Loss on investments using this formula

Income statement Loss on investments =Face value municipal bonds-Fair value

Let plug in the formula

Income statement Loss on investments=6,100,000-4,300,000

Income statement Loss on investments= $1,800,000

Second step is to find the investment in bonds

Based on the information given we were told that On December 31, 2021, the bonds had a Fair value of the amount of $4,300,000 which simply means that the Fair value amount of $4,300,000 will be the Investment in municipal bonds.

Therefore the Income statement Loss on investments will be $1,800,000 while Investment in municipal bonds will be $4,300,000.

Transactions are posted into ledger account from ---

Answers

Answer:

The correct answer is "Journal entries passed in the journal".

Explanation:

Posting throughout ledger has always been decided to make from transactions throughout the journal passed across. This becomes important to keep in mind that almost every entrance in something like a journal would also have to be commented on among all transactions debited or otherwise given credit throughout the entry to something like the journal.

You own 50 shares of Auto Corporation that you purchased for $30 a share. The stock is currently selling for $50 a share, and you placed a stop loss order at $45. If the stock price drops to $35 a share what is your return on this investment?

Answers

Answer: 50%

Explanation:

Purchasing price for each share = $30

Stop loss order placed at $45 for each share.

If the stock price drops to $35, the benefit earned = $ (45-30)= $15

Now, the return on this investment = (benefit earned) ÷(Purchasing price)x 100%

= (15)÷(30)x100%

= 0.5 x 100%

= 50%

So,  your return on this investment = 50%

Commercially reasonable means Multiple Choice observing industry standards and practices that are generally accepted throughout various industries as proper business practices. charging a fair price for goods and not taking advantage of others in the industry. getting the highest price possible for goods without violating the law. observing industry standards and practices that may be unique to the particular industry.

Answers

Answer:

observing industry standards and practices that may be unique to the particular industry.

Explanation:

Commercially reasonable activities are based on a standard of reasonableness. It gauges what a reasonable person or entity will do in a given situation.

For example a standard for operation is defined in an industry and used as a basis the determine if business practices of a company are reasonable or not.

It involves good faiths effort on the part of the actors to meet as much as possible a similar objective or activity under similar circumstances.

In this instance commercially reasonable is defined as observing industry standards and practices that may be unique to the particular industry.

Sheridan Company, had 837000 shares of common stock issued and outstanding at December 31, 2017. On July 1, 2018, an additional 40600 shares of common stock were issued for cash. Sheridan also had unexercised stock options to purchase 31400 shares of common stock at $15 per share outstanding at the beginning and end of 2018. The average market price of Sheridan's common stock was $20 during 2018. What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2018

Answers

Answer:

865,150  shares  

Explanation:

The calculation of shares for diluted earning per share is shown below:-

Shares for diluted earning per share = Outstanding shares + Issued shares + Stock option

= 837,000 + (40,600 × 6 ÷ 12) + ((31,400 - (31,400 × $15 ÷ $20)

= 837,000 + 20,300 + 7,850

= 865,150  shares

Therefore we have applied the above formula.

LEAP Communications Technology has subsidiaries in each country in which it does business. As the parent company, LEAP runs its research and development department from its home country. As a result, each foreign subsidiary remains dependent on it for new products, processes, and ideas. This illustrates the _____ model for global strategy.

Answers

Answer:

International.

Explanation:

This can be explained to be the strategies and plans that a business has put in place to mark bedrocks that his business is strong to ply its trades across the borders of its home country.

This is seen to occur in past decades, even smaller companies have been able to cross national borders and do business abroad. In as much as there have been conditions that have been given to companies operating in multiple nations across the globe which ranges from multinationals, global businesses through transnational companies, international firms too. This is why LEAP communications in the context above as the parent company, LEAP runs its research and development department from its home country.

a cashier ask for your help as a customer/member wants to make return one day beyond the return window

Answers

Answer

The answer is below

Explanation :

Most likely: Listen to the customer's reason for the return, and if the product has an expiry date, the answer is no returns, otherwise, I will accept the returns.

Least likely: I would say it is not feasible to do it without listening to the customer, most especially if the customer is rarely seen. This is to avoid unnecessary image damage to the firm, that could arise from the situation.

E

Forge Company wants to purchase a new cutting machine for its sewing plant. The investment is expected to generate annual cash inflows of $120,000. The required rate of return is 10% and the current machine is expected to last for four years. What is the maximum dollar amount the company would be willing to spend for the machine, assuming its life is also four years

Answers

Answer:

$380,280

Explanation:

Calculation for the maximum dollar amount

Using this formula

Maximum dollar amount =Annual cash inflows*Present value Annual amount

Where

Annual cash inflows=$120,000

PV Annual 4 (10%)=3.169

Let plug in the formula

Maximum dollar amount=$120,000*3.169

Maximum dollar amount=$380,280

Therefore the maximum dollar amount the company would be willing to spend for the machine will be $380,280

The manufacturer of an anti-itching cream uses the Internet to advertise its products. Each time a user types in the word "itch," "scratching," "hives," or "mosquitoes" in the search engine, their Website comes up on the search results page. This is most likely an example of a(n):

Answers

Answer:

The correct answer is: Affiliate Marketing.

Explanation:

To begin with, the term known as "Affiliate Marketing", in the field of business refers to the type of marketing strategy that the companies use in order to obtain more consumers and to increase the sales. The procedure of how this strategy works is simple, the company assures to pay a commission to a third person who acts as an intermediate who will bring the costumer to the company and will only be paid if the last one made a purchase in the website. Moreover, this strategy has different types of affiliates websites and one of them is related to the pay per click search engines to promote the advertiser's offer.

Oilers, Inc. refines and markets its energy products in different nations around the world. In addition, Oilers' stockholders and managers come from many different nations. If some of the nations where it operates decided to take over the assets of the company, this act would constitute

Answers

Answer: expropriation

Explanation:

Expropriation is a situation that occurs when the government collects a particular property from the owner of the property and utilizes it for public benefits or use.

Since we are informed in the question that some of the nations where the company operates decided to take over the assets of the company, this act would result in expropriation.

Your answer

The market demand curve Group of answer choices is found by vertically adding the individual demand curves. slopes upward. represents the sum of the prices that all the buyers are willing to pay for a given quantity of the good. represents the sum of the quantities demanded by all the buyers at each price of the good.

Answers

Answer:

represents the sum of the quantities demanded by all the buyers at each price of the good.

Explanation:

The market demand curve is the total of all the individual demand curves in the market as mentioned. It depicts the quantity demanded with respect to the different prices

And in this the quantity demanded and the price of a product has an inverse relationship between each other

Therefore the last option is correct

Becker Industries is considering an all equity capital structure against one with both debt and equity. The all equity capital structure would consist of 30,000 shares of stock. The debt and equity option would consist of 15,000 shares of stock plus $255,000 of debt with an interest rate of 8 percent. What is the break-even level of earnings before interest and taxes between these two options

Answers

Answer:

The break-even level of earnings before interest and taxes is $47,200

Explanation:

EBIT = Earnings before interest and taxes

EPS = Earnings per share

I = interest

n = number of equity shares

n1, n2 = number of equity shares outstanding after adopting financing plans 1 and 2

n1=30,000

n2= 15,000

Break-even EBIT level   is the indifferent point where EPS under alternative financing plan is the same.

Mathematically, the break-even EBIT level is:   EBIT/ n1 = (EBIT - I ) / n2

EBIT/30,000 =(EBIT -295,000 x 8%/ 15,000)  

EBIT/2 = EBIT - 23,600

2*EBIT - 23,600 x 2 = EBIT

2EBIT - EBIT= 47,200

EBIT= $47,200

Zack enters into a contract to buy Olivia’s home. Per the terms of the contract, Zack must put down a $10,000 earnest money deposit and have the property inspected within five days. In reality, he puts down a $12,000 deposit and has the property inspected within two days. This is an example of ______.

Answers

Answer:

performance of a contract

Explanation:

When you enter a contract you can perform your part of the contract, not perform your part of the contract or partially perform your part of the contract. In legal terms, there is no such thing as over performance.

in this case, Zack performed his part of the contract. Him making a slightly higher deposit or getting the inspection done before the due date, will not alter the total consideration of the contract, e.g. selling price will remain unchanged and the house will be the same one.

The value obtained when a buyer pays cash or its equivalent, the buyer and seller are unrelated, the buyer and seller are informed consumers, and the property has been on the market for a reasonable amount of time is called:

Answers

Answer:

Appraisal

Explanation:

Appraisal in real estate is the sales value of an asset derived towards potential sales in an arm length transaction. This involves a unique appraising process pertaining to the affected property considering the fact that different homes are not of the same features and properties , and moreover , sales of home does not occur regularly as in the common market.

The appraising process involved in forming an appraisal value are

Buyer pays cash or its equivalentBuyer and seller are not relatedBuyer and seller are informed consumerProperty has been on the market for a reasonable time

Answer:

Market value

Explanation:

Trainees in the photography department of Atafiger, a daily newspaper, who receive above average performance ratings are eligible to apply for the position of corporate photographer in the company. In the context of human resource (HR) planning, this scenario best illustrates _____.

Answers

Answer:

Internal recruitment.

Explanation:

In this scenario, trainees in the photography department of Atafiger, a daily newspaper, who receive above average performance ratings are eligible to apply for the position of corporate photographer in the company. In the context of human resource (HR) planning, this scenario best illustrates internal recruitment.

An inventory system is a set of policies and controls that monitors levels of inventory and determines what levels should be maintained, when stock should be replenished, and how large orders should be.

Answers

Answer: True

Explanation:

Inventory looks at managing items in an organization; what goes in and come out, in their right proportion and different sizes, according to their usage and what they'll be assigned to. The importance of inventory is for appropriate stock keeping and accessibility when needed.

In February, a homeowner contracted with a general contractor to have a basement storage space converted to a sauna, but never paid for the work. The homeowner stopped making mortgage payments in June. The owner is two years delinquent in property taxes to the county. The state gives mechanics' liens priority. If all of these creditors obtain judgments against the owner in November, what will be the priority of their liens (first to last)

Answers

Answer:

Generally real estate liens are prioritized following a temporal order, from first to last. This applies to all liens except taxes. Taxes are always first and they are collected before any other lien in the event of a foreclosure.

In this case, the following priority would go to the mechanic's lien from the the general contractor (as a result from court order), then the mortgage, and finally the other creditors.

As a branch of study economics is said to be central to national planning discuss

Answers

Economics teaches you how to think more critically and influence judgments in order to get the best possible conclusion.

Economics has a part in our daily lives. Understanding previous, future, and current models allows us to apply them to society, governments, enterprises, and people.

Economics Assistance gives numerous examples about when economics is used, such as coping with manufactured goods shortages, establishing how prosperity is divided and redistributed throughout society, and evaluating the amount to which the government must engage in the economy utilizing concepts and measurements.

Learn more:

https://brainly.com/question/11905095?referrer=searchResults

5 years ago, an individual had invested $10,000 in an Investment Trust. Over those years, the trust has distributed $2,000, consisting of $1,600 of dividends and $400 of capital gains. The investor has reinvested these distributions in additional trust units. The investor's aggregate current cost basis in the Trust is:

Answers

Answer: $12,000

Explanation:

From the question, we are informed that years ago, an individual had invested $10,000 in an Investment Trust and that over those years, the trust has distributed $2,000, consisting of $1,600 of dividends and $400 of capital gains and also that the investor has reinvested these distributions in additional trust units.

The investor's aggregate current cost basis in the Trust will be the beginning basis which was $10,000 added to the $2000 that was distributed. This will be $12,000.

With any form of exploratory research, the usefulness of a technique for generating insights depends on the _____________ of the analysis. a. depth and breadth b. subjectivity and maturity c. quality and objectivity d. cost and duration

Answers

Answer: Quality and objectivity

Explanation:

One of the vital item to look out for in a research topic is the quality of topic, this is what will generate a great insight and probably get the attention of the reader. Another item that plays a great role in subjects as such as this is the objective or the aim of the topic; what direction the topic is aimed at and what's to be achieved by doing writing on that topic.

Analyse how fiscal policy measures could reduce inflation.

Answers

Answer:

In order to control the demand-pull inflation, the Government undertakes some monetary measures and incorporates certain changes to the fiscal policy.One of the commonly used measures to control inflation is controlling the money supply in the economy. If the Government decreases the supply of money, then the demand will fall, leading to a fall in prices. Therefore, the Government may decide to withdraw certain paper notes and/or coins from circulation. This decreases the money supply.

Explanation:

Four of the five commissioners for the Federal Trade Commission were working late one evening in their Washington, D.C. offices. The four were catching up on their electronic mail. The four soon discovered each others' presence on electronic mail. One commissioner wrote to the other three, "Let's get some business done so long as we're all here. We could resolve that unfair competition case that's pending for next month. We can iron out our differences via e-mail." The electronic exchanges of the commissioners would:

Answers

Question options:

a. be protected because they are internal agency actions.

b. violate the Government in the Sunshine Act open meeting laws.

c. be considered law enforcement issues and would be protected from open-meeting laws.

d. not be a meeting without some staff members present.

Answer:

b. violate the Government in the Sunshine Act open meeting laws

Explanation:

Government in the sunshine Act is a United States Federal law that was passed in 1976 to increase transparency of government regarding information that should be available to the public. It was an amendment to the freedom of information act. The Government in the sunshine act of 1976 covered for transparency in meetings, deliberations, records and other official documents beingade available to the public. In the above case, the commissioners are violating the government in the sunshine act because they are trying to have an official meeting and take care of government business in utter privacy and not available for public observation

"Let's assume that the government decides to regulate a natural monopoly by forcing them to produce at a point where the natural monopoly's demand curve intersects average cost. In this case, the price will __________ and the quantity will ________ when compared to the natural monopoly if it were allowed to operate unregulated."

Answers

Answer: fall; rise

Explanation:

A natural monopoly is a form of monopoly that has a high cost, huge capital base and also a strong economies of scale.

If the government decides to regulate a natural monopoly by forcing them to produce at a point where the natural monopoly's demand curve intersects average cost.

This will lead to a fall in price and there will be a rise in quantity when compared to the natural monopoly if it were allowed to operate unregulated."

The assets, liabilities, and equity account of a business, which are interrelated and interact with each other, represent:______A. the benchmark of the businessB. the surplus value of the businessC. the financial structure of the businessD. the profit realization rate of the business

Answers

Answer:

The answer is C. the financial structure of the business

Explanation:

The financial structure of any business comprises assets, liabilities and equity.

Asset is a resource controlled by an entity and future economic benefits are expected to flow to the entity as a result of past event.

Liability is the present obligation arising from past action and if settled in the long run will result in am economic outflow of resources.

Equity is the residual interest in the business.

stock market is a market for.?​

Answers

Answer:

Explanation:

Stock market is a market for stocks ( shares ) for the buyers and sellers.

Hope this helps

plz mark as brainliest!!!!!!!

Answer:

Stocks

Explanation:

Buyers would buy a share from the stock market hoping to sell the share later at a higher price therefore making a profit. This is what you would call systematic gambling, you know the risks and possible rewards. However sometimes the stock market can go down resulting in the buyer making a loss since the selling price of the share is less than the one the buyer bought.

Frahm Company incurred a first quarter operating loss before income tax effect of $4,000,000. This is a normal occurrence for Frahm because of seasonal fluctuations. Experience has demonstrated the income earned during the remaining quarters far exceeds the first quarter losses each year. Frahm estimates its annual income tax rate will be 30 percent. What net loss should Frahm report for the first quarter?

Answers

Answer: $2,800,000

Explanation:

From the question, we are informed that Frahm estimates its annual income tax rate will be 30 percent and incurred a first quarter operating loss before income tax effect of $4,000,000.

The net loss should Frahm report for the first quarter will be:

= $4,000,000 - (30% × $4,000,000)

= $4,000,000 - (0.3 × $4,000,000)

= $4,000,000 - $1,200,000

= $2,800,000

All the following statements concerning term insurance are correct EXCEPT: Group of answer choices Most policies can be renewed for additional periods without evidence of insurability. Most policies can be converted to a permanent life insurance policy. Most policies have a nonforfeiture benefit to refund a portion of a policy's cash value when coverage stops. The insurance provides protection for a certain period of time.

Answers

Answer: Most policies have a nonforfeiture benefit to refund a portion of a policy's cash value when coverage stops.

Explanation:

Term insurance is a type of life insurance policy whereby the policy owner will be given coverage for a particular time period.

It should be noted that term insurance can be renewed for additional periods without evidence of insurability and can also be converted to a permanent life insurance policy.

The option that most policies have a nonforfeiture benefit to refund a portion of a policy's cash value when coverage stops is not true.

discuss the steps of growing mushrooms
not a too long answer ​

Answers

Answer:

The Pennsylvania State University,

College of Agriculture, Extension Service,

University Park, Pennsylvania

Mushroom farming consists of six steps, and although the divisions are somewhat arbitrary, these steps identify what is needed to form a production system.

The six steps of mushroom farming:

Phase I

1. Composting

Phase II

2. Composting

3. Spawning

4. Casing

5. Pinning

6. Cropping

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