Answer:
Characteristics of Monopolistic Competition: -
- Large number of firms
- Product differentiation
- No entry and exit cost in the long rim
- Challenging entry
Characteristics of Perfect Competition: -
- Large number of firms
- Identical products
- Easy to entry and exit
Characteristics of Oligopoly: -
- Few numbers of firms
- Identical or differential product
- Significant barriers to entry
Characteristics of Monopoly market: -
- Single firm
- No entry for new firms
Scenario 1
Number of firms = Many
Type of product = Differentiated product
Entry = Challenging
Market Model = Monopolistic
Scenario 2
Number of firms = Many
Type of product = Homogeneous product
Entry = Easy
Market Model = Perfectly competitive
Scenario 3
Number of firms = Few
Type of product = Identical product
Entry = Challenging
Market Model = Oligopoly
Answer:
here is a 63.25% for winning the debate given the student distribution and the chance of success of each type of student.
Explanation:
As the student will be picked at random we can determiante the expected value by doing a weighted average:
![\left[\begin{array}{cccc}$Student&$Return&$Probability&$Weight\\$Sophomore&0.2&0.2&0.04\\$Junior&0.6&0.35&0.21\\$Senior&0.85&0.45&0.3825\\Total&&1&0.6325\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%24Student%26%24Return%26%24Probability%26%24Weight%5C%5C%24Sophomore%260.2%260.2%260.04%5C%5C%24Junior%260.6%260.35%260.21%5C%5C%24Senior%260.85%260.45%260.3825%5C%5CTotal%26%261%260.6325%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Answer: Relative pay differential.
Explanation:
Relative pay differential is earnings compared with earnings of others doing the same job.
Answer:
WACC is 9.26%
Explanation:
WACC is the average cost of capital of the firm based on the weightage of the debt and weightage of the equity multiplied to their respective costs.
According to WACC formula
WACC = ( Cost of common share x Weightage of common share ) + ( Cost of Preferred share x Weightage of Preferred share ) + ( Cost of debt x Weightage of debt )
Cost of debt is already given as after tax cost of debt.
WACC = ( 12.75% x 45% ) + ( 7.5% x 15% ) + ( 6% x 40% )
WACC = 5.7375% + 1.125% + 2.4% = 9.2625 % = 9.26%
