Homework Answers
The correct answer is option B
Explanation:- The rule of 72 is a useful tool which is used to calculate the duration it takes for the money invested to double at the given rate of interest assuming that the interest rate is compounded annually.
In a competitive market the price and the quantity sold are affected by the interplay of demand and supply. A dollar received today is worth more than a dollar received one year later due to the effect of discounting.
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Which statement is TRUE? OA a competitive market is a market in which goods have a...
Which of the following statements is true concerning assets? Oa. Assets are initially recorded at market...
Which of the following statements is true concerning assets? Oa. Assets are initially recorded at market value and then adjusted for inflation. Ob. Assets are measured using a time-period approach. Oc. Assets are initially recorded at market value, since historical cost tends to be too arbitrary. Od. Assets are initially recorded using the historical cost principle.
A contestable market is similar to a perfectly competitive market in that there O A. are...
A contestable market is similar to a perfectly competitive market in that there O A. are barriers to entry. OB. are no barriers to entry. O c. is a perfectly elastic demand. OD. will be no entry if the existing firm makes an economic profit. O E. can be only one firm in the market. The Competition Act distinguishes between business practices that are criminal and noncriminal. Which of the following is noncriminal? O A. false advertising O B. refusal...
Question 19 (Mandatory) (5 points) In short-run equilibrium, a firm in a monopolistically competitive market produces...
Question 19 (Mandatory) (5 points) In short-run equilibrium, a firm in a monopolistically competitive market produces at a level of output at which OA) no new entry will occur. OB) the revenue generated by selling an additional unit is equal to the cost of producing the additional unit. C) the firm breaks even. D) the revenue per unit is equal to the cost per unit. Question 20 (Mandatory) (5 points) A natural monopoly OA) is a market in which long-run...
Which of the following statements are true for a competitive market in which all firms have...
Which of the following statements are true for a competitive market in which all firms have upward-sloping marginal cost curves? A) If more firms enter the market, the market price will fall, and so will profits. TRUE B) The marginal cost is always equal to price. TRUE C) The average cost is always equal to the price. FALSE why is B true?? Is it only true in perfectly competitive market? I don't see why it is possible in other types...
33. Which of the following statements is true of a perfectly competitive market? a. At equilibrium,...
33. Which of the following statements is true of a perfectly competitive market? a. At equilibrium, it is possible to make someone better off without making someone else worse off. b. The equilibrium price in a competitive market efficiently allocates scarce resources to participants. c. The sum of consumer surplus and producer surplus is not maximized at the equilibrium. d. The equilibrium price is determined by a few large firms in the market. 34. The concept of the invisible hand...
You have discovered an investment opportunity that earns an) 3% rate of interest compounded quarterly. Which...
You have discovered an investment opportunity that earns an) 3% rate of interest compounded quarterly. Which of the following amounts is approximately equal to the amount you should deposit today to have $8,000 in five years? Use the formula method. (Do not round any intermediary calculations, and round your final answer to the nearest dollar.) Which of the following statements is true? O A. The higher the discount rate, the higher the present value. OB. If interest is 4% compounded...
Please solve this as soon as possible. i have very less time. 1. The competitive market...
Please solve this as soon as possible. i have very less
time.
1. The competitive market system: a. Encourages innovation because successful innovators are rewarded with economic profits b. Encourages innovation because government provides tax breaks and subsidies to those who develop new products or new productive techniques. c. Discourages innovation because firms want to get all the profits possible from existing machinery and equipment. 2. Which of the following countries has out of control inflation? a. United States b....
12) 12) AB Co. stock pays a constant anual dividend sells for $56.07 a share, and has a market rate of return of 12...
12) 12) AB Co. stock pays a constant anual dividend sells for $56.07 a share, and has a market rate of return of 12.2 percent. What is the amount of the next annual dividend? A) $6.21 B) 56.84 C) 55.67 D) $5.94 E) $7.30 13) 15) Dexter Mills issued 20-year bonds one year ago at a coupon rate of 10.2 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM is 8.2 percent, what...
Which of the following is TRUE of market failures? Externalities and public goods are examples of...
Which of the following is TRUE of market failures? Externalities and public goods are examples of market failure. O All of the answers given are true of market failures. O When our resources are not allocated efficiently by the market, then we have market failure. Markets characterized by monopolies, oligopolies and monopolistic competition are examples of market failure. Statement 1: If left to itself, the market will produce too little of a good if there are positive externalities. Statement 2:...
12) AB Co stock pays a constant annual dividend, sells for $56.07 a share, and has...
12) AB Co stock pays a constant annual dividend, sells for $56.07 a share, and has a market rate of return of 12.2 percent. What is the amount of the next annual dividend? B) $6.84 A) $6.21 C) $5.67 E) $7.30 D) $5.94 13) 13) Dexter Mills issued 20-year bonds one year ago at a coupon rate of 10.2 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM is 8.2 percent, what is...
Which of the following statements is true concerning assets? Oa. Assets are initially recorded at market value and then adjusted for inflation. Ob. Assets are measured using a time-period approach. Oc. Assets are initially recorded at market value, since historical cost tends to be too arbitrary. Od. Assets are initially recorded using the historical cost principle.
A contestable market is similar to a perfectly competitive market in that there O A. are barriers to entry. OB. are no barriers to entry. O c. is a perfectly elastic demand. OD. will be no entry if the existing firm makes an economic profit. O E. can be only one firm in the market. The Competition Act distinguishes between business practices that are criminal and noncriminal. Which of the following is noncriminal? O A. false advertising O B. refusal...
Question 19 (Mandatory) (5 points) In short-run equilibrium, a firm in a monopolistically competitive market produces at a level of output at which OA) no new entry will occur. OB) the revenue generated by selling an additional unit is equal to the cost of producing the additional unit. C) the firm breaks even. D) the revenue per unit is equal to the cost per unit. Question 20 (Mandatory) (5 points) A natural monopoly OA) is a market in which long-run...
You have discovered an investment opportunity that earns an) 3% rate of interest compounded quarterly. Which of the following amounts is approximately equal to the amount you should deposit today to have $8,000 in five years? Use the formula method. (Do not round any intermediary calculations, and round your final answer to the nearest dollar.) Which of the following statements is true? O A. The higher the discount rate, the higher the present value. OB. If interest is 4% compounded...
Please solve this as soon as possible. i have very less
time.
1. The competitive market system: a. Encourages innovation because successful innovators are rewarded with economic profits b. Encourages innovation because government provides tax breaks and subsidies to those who develop new products or new productive techniques. c. Discourages innovation because firms want to get all the profits possible from existing machinery and equipment. 2. Which of the following countries has out of control inflation? a. United States b....
12) 12) AB Co. stock pays a constant anual dividend sells for $56.07 a share, and has a market rate of return of 12.2 percent. What is the amount of the next annual dividend? A) $6.21 B) 56.84 C) 55.67 D) $5.94 E) $7.30 13) 15) Dexter Mills issued 20-year bonds one year ago at a coupon rate of 10.2 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM is 8.2 percent, what...
Which of the following is TRUE of market failures? Externalities and public goods are examples of market failure. O All of the answers given are true of market failures. O When our resources are not allocated efficiently by the market, then we have market failure. Markets characterized by monopolies, oligopolies and monopolistic competition are examples of market failure. Statement 1: If left to itself, the market will produce too little of a good if there are positive externalities. Statement 2:...
12) AB Co stock pays a constant annual dividend, sells for $56.07 a share, and has a market rate of return of 12.2 percent. What is the amount of the next annual dividend? B) $6.84 A) $6.21 C) $5.67 E) $7.30 D) $5.94 13) 13) Dexter Mills issued 20-year bonds one year ago at a coupon rate of 10.2 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM is 8.2 percent, what is...
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