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Lilit [14]
2 years ago
6

Roger owns a small health store that sells vitamins in a perfectly competitive market. If vitamins sell for $12 per bottle and t

he average total cost per bottle is $12.50 at the profit-maximizing output level, then in the long runA. some firms will exit from the market.B. more firms will enter the market.C. average total costs will fall.D. the equilibrium price per bottle will fall.
Business
1 answer:
Salsk061 [2.6K]2 years ago
6 0

Answer:

some firms will exit from the market

Explanation:

Roger owns a small health store that sells vitamins in a perfectly competitive market. If vitamins sell for $12 per bottle and the average total cost per bottle is $12.50 at the profit-maximizing output level, then in the long run <u>some firms will exit from the market</u>

A perfectly competitive market consist of many buyers and sellers, different products and perfect information about the price of a good.

Option A. is correct.

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ABC Inc. just paid a dividend of $1.00 this year. The stock price is $15.43 currently. The market risk premium is 15% and the ri
mariarad [96]

Answer:

Price lowers and becomes negative or -5.37 dollars

Explanation:

Market risk premium's formula could be written as dividends/price + dividend's growth rate. Therefore, we dividend growth rate according to the current price and dividend level equal to market risk premium - dividends/price or 0.15 - 1/15.43 = 0.086 or 8.6%. If the dividend growth rate rises by 25% than new one is 33.6%. Price is equal to dividends/market risk premium - dividend growth rate or in this case 1/0.15-0.336 or 1/-0.186 or -5.37 dollars. If the price is negative that would mean that any future selling of the stock would mean that ABC would have to pay in order to sell it.

4 0
2 years ago
Hodge Inc. has some material that originally cost $74,600. The material has a scrap value of $57,400 as is, but if reworked at a
Burka [1]

Answer:  If the material is reworked and sold, Hodge Inc. has a financial disadvantage of (- 4500).

Let's see why:

1) If we sell the material at its disposal value: We have a cost of $ 74600 and the income from sale would be $ 57400 =

57400 - 74600 = (-17200). We have a loss of $17200.

2) If we rework the material we will have an original cost of $ 74600, an additional cost for reworking of $ 1500 and the income from its sale would be $ 54400 =

54400 - (74600 + 1500) = (-21700) We have a loss of $ 21700.

Then comparing the 2 situations =

(-21700) - (-17200) = -4500. There is a financial disadvantage of $4,500 if the material is reworked instead of selling it as scrap.

6 0
2 years ago
XYZ Publisher can produce 200 books in a standard 8-hour day. It uses 5 employees. The average labor cost is $25/hour. A book re
Elza [17]

Answer:

C) 1.5

Explanation:

multifactor productivity

= total revenue per day/total cost per day

= (30*200)/[(5*8*25)+(15*200)]

= 6000/4000

= 1.5

Therefore, The multifactor productivity is 1.5

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2 years ago
The NPV and IRR method occasionally do not agree on accept/reject decisions when evaluating an investment proposal.
Umnica [9.8K]

Answer:

True

Explanation:

i hope this works\ but if it's not then it will be false

3 0
2 years ago
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Patsy’s home has been on the market for five weeks, and two brokers had buyers who were ready to make offers. If Patsy accepted
shutvik [7]

Answer: open listing

Explanation:

Open listing simply refers to situation whereby a property owner uses several real estate agents when he or she wants to sell a property so that there will be many potential buyers.

In this situation, the agent who eventually brings the person who purchases the property will collects the commission assigned to the property.

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2 years ago
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