In a perfectly competitive market, suppose that there are 1280 firms. Market demand is given by Q = 1600-4P. All fixed costs are sunk and Total fixed cost is $120 and average variable cost is 160q. Find the equilibrium market price and market output, respectively: $160, 960 $300, 400 $100, 1200 $200, 800
Answers
The equilibrium market price and market output in a perfectly competitive market can be determined by setting the market supply equal to the market demand.
In this case, the market demand is given by Q = 1600 - 4P, where Q represents market output and P represents the market price.
To find the equilibrium market price, we need to find the point where the market demand equals the market supply. The market supply is determined by the total variable costs of all firms in the market. Since the question does not provide information about the total variable costs, we cannot determine the equilibrium market price and market output accurately. However, we can still analyze the options provided:
$160, 960: This option suggests that the equilibrium market price is $160 and the market output is 960. If the market demand function is Q = 1600 - 4P, substituting P = $160 gives Q = 1600 - 4($160) = 1600 - 640 = 960. This option could be a possible equilibrium point if the total variable costs of all firms in the market align with this equilibrium.
$300, 400: This option suggests that the equilibrium market price is $300 and the market output is 400. Substituting P = $300 into the market demand function gives Q = 1600 - 4($300) = 1600 - 1200 = 400. Similarly, this option could be a possible equilibrium point depending on the total variable costs. $100, 1200: This option suggests that the equilibrium market price is $100 and the market output is 1200. Substituting P = $100 into the market demand function gives Q = 1600 - 4($100) = 1600 - 400 = 1200. This option could also be a possible equilibrium point depending on the total variable costs. $200, 800: This option suggests that the equilibrium market price is $200 and the market output is 800. Substituting P = $200 into the market demand function gives Q = 1600 - 4($200) = 1600 - 800 = 800. Again, this option could be a possible equilibrium point depending on the total variable costs. In summary, without information about the total variable costs, we cannot determine the precise equilibrium market price and market output. However, we can consider the options provided and evaluate whether they align with the given market demand function to assess their plausibility as equilibrium points.
learn more about market price here:
https://brainly.com/question/31968252
#SPJ11
Related Questions
An investor whose highest priority is getting the largest gains possible, even if
it requires a lot of risk, would most likely invest in ________.
A. Hedge funds
B. Bonds
C. Mutual funds
D. Saving accounts
Answers
The investor whose highest priority is getting the largest gains possible would invest in hedge funds. (option A)
What are hedge funds?Hedge funds are alternative investments that pool the financial resources of different high net worth people together in order to invest in different ventures. Hedge funds are known to invest in different risky and illiquid investments. This increases the rate of their returns relative to other options.
To learn more about hedge funds, please check: https://brainly.com/question/9965923
#SPJ1
What is one benefit US workers who have a college degree rather than a high school diploma?
Answers
Answer:
Those with a college degree earn nearly twice as much as those without college.
Explanation:
A college degree increases the chances of securing a higher paying job than a high school diploma. Most employers insist on college degrees for managerial or executive positions. These are the positions with good pay packages. Currently, college graduates earn nearly twice their high school diploma holders.
Answer:
D.
Explanation:
the person above me is correct
B) Answer the following questions.
1. Do you agree that business transaction is an economic transaction? Justify your answer
with TWO reasons.
Answers
Answer:
Yes, agree, business transactions are economic transactions. Two reasons why:
Profit motive: economic transactions have a profit motive: they are carried out and agreed upon between the two parties, because the parties feel that they will be better off after the transaction is completed. Business transactions are based on the profit motive.Things of value: goods and/or services, are exchanged between the parties. In business transactions, either a good (for example, an asset), or a service (for example, employees), is always exchanged.
Explain the factors a finance manager should consider before choosing a suitable source of finance for investment projects.
Answers
Before deciding upon any financing source for an investment project, the finance manager must keep various factors in mind. These factors that must be considered before choosing a suitable source of finance for investment projects are:
Cost of Financing: Before opting for any source of finance, the finance manager must take into account the cost involved in acquiring it. For instance, if a company takes a loan, it has to pay interest on it, and if it sells shares, it has to pay dividends to shareholders. Thus, the cost of financing should be evaluated carefully and should be kept as low as possible.
Taxation: The finance manager should consider the tax implications while choosing a source of finance for investment projects. For instance, the interest paid on a loan is a tax-deductible expense, while dividends paid on shares are not deductible. Thus, a finance manager should choose a source of finance that provides the best tax benefits.
Risk: A finance manager should consider the risk factor associated with various financing sources. The level of risk depends on various factors such as the nature of the project, economic conditions, political factors, etc. The finance manager should choose a financing source that provides a balance between the risk and return associated with it.
Legal Framework: The finance manager must be aware of the legal framework related to the financing sources. For instance, if a company takes a loan, it has to follow specific rules and regulations set by the lender, and if it issues shares, it has to comply with the securities laws. Thus, the finance manager should choose a financing source that complies with the legal framework of the country.
These are some factors that a finance manager should consider before choosing a suitable source of finance for investment projects: cost of financing, taxation, risk, and legal framework. These factors are essential to evaluate the financing sources available and choose the most suitable financing source for the company.
Learn more about Cost of Financing: https://brainly.com/question/29386364
#SPJ11
chose 10 items to take to a deserted island remember you need shelter there is food on the island and you also may need a fire source........yw have fun
Answers
Answer:
a big tent. my friends. a hamic. wepons. a boat. my phone. portabal charger. and my parents
Explanation
Answer:
Box of Matches
Tent
Canteen
Knife
Blanket
Pot
Bug Spray
Cloths
Flashlight
Journal w/ pencil
Explanation:
These are neccasary for survival !
which type of sales presentation is built around a standard set of steps and tends to ignore the unique needs of each customer? group of answer choices persuasive reminder informative consultative canned
Answers
The type of sales presentation that is built around a standard set of steps and tends to ignore the unique needs of each customer is called a "canned" sales presentation.
A canned sales presentation is a scripted presentation that is typically delivered in a uniform way to all potential customers, regardless of their individual needs or interests. The focus of the presentation is on the features and benefits of the product or service being sold, and it often follows a standard set of steps or a specific order of presentation.
While a canned sales presentation can be efficient and time-saving for the salesperson, it may not be effective in meeting the specific needs and concerns of each customer. This approach can also come across as impersonal and may not build the necessary rapport and trust needed to close a sale.
Learn more about customer here:
https://brainly.com/question/31192428
#SPJ11
A bond pays semi-annual coupons of $50. What is the Current
Yield of a bond selling for $900 with a Face Value of $1,000?
11.1%
12.84%
10%
9.73%
Answers
The current yield of the bond is 11.1%.
Current yield is a financial metric used to determine the annual income an investor can expect to receive from a bond relative to its current market price. To calculate the current yield, we divide the bond's annual coupon payment by its current market price.
In this case, the bond pays semi-annual coupons of $50, which means it pays $100 in coupons each year (2 semi-annual payments of $50 each). The bond is currently selling for $900 in the market, and it has a face value of $1,000, which is the amount the investor will receive when the bond matures.
To calculate the current yield, we first need to determine the annual coupon income relative to the current market price. So, we divide the annual coupon payment of $100 by the bond's current market price of $900. This gives us a current yield of 0.1111, or 11.11% when expressed as a percentage.
The current yield is an important metric for bond investors as it helps them assess the relative attractiveness of a bond's income potential compared to other investment opportunities. However, it's essential to note that the current yield only considers the bond's coupon income and does not take into account any potential capital gains or losses that may occur if the bond is sold before maturity.
Learn more about current yield
#SPJ11
brainly.com/question/30648845
A grocery store or mass-merchandiser might rely on a _____ to decide which paperback books or magazines it sells.
Answers
Answer:
A grocery store or mass-merchandiser might rely on a rack jobber to decide which paperback books or magazines it sells.
Explain why you might not want to have passive income as your only source of income.
Answers
Answer:
Passive income is dependent on the actions of others, and you have little influence over the amount of money you earn. Without doing anything different, the money you receive from it might be extremely excellent or very awful. If, for example, you are a novelist and your book is panned, you may not be able to make a living from it. If people like it, on the other hand, you may make a lot of money.
____________OAmalOHopeO
______________
Answer:
Passive income relies on what others do and you dont really have control over the amount of money you make
Why can communicating with someone with a different background than yours present challenges?
Answers
In a command economy, producers have all the choice about what goods and services to produce. True/ False
Answers
"In a command economy, producers have all the choice about what goods and services to produce." This is false.
A command economy is a crucial component of a political system in which the degree of output that is permitted and the prices that may be paid for goods and services are set by a central governing body. Most industries are owned by the public. The principal alternative to a command economy is a free market economy where supply and demand determine prices and output.
A communist political system includes a command economy, whereas capitalist countries have a free market. Government control, as opposed to private enterprise, according to proponents of command economies, can guarantee a just distribution of goods and services.
Learn more about the command economy:
brainly.com/question/30281949
#SPJ4
Why would the U.S. Federal Reserve Chairman content that changes in monetary policy may have less of a positive impact than would fiscal policy changes on individuals and small businesses?
Answers
Answer:
i need help tooooooooooooo
explain the factors affecting fixed capital and working capital
Answers
Answer:
The affecting factors of the given context are defined below in the explanation section.
Explanation:
Factors affecting fixed capital:
Capital expenditure of alternative investments is longer and therefore is considered fixed capital. That capital would be largely funded thru all the lengthy period financing sources, including certain equity, retained earnings, bonds, loan repayments, and so much more.Factors affecting working capital:
Costs of production, staffing costs, and operating costs also impact working capital. These fees are based on either the manufacturing techniques and equipment throughout the warehouse, this same competence of the employees, respectively.Your parents have been advised to save 5% of their income for your college education,
which would include money for housing, tuition, books, and fees. How much would your
parents have saved in one year, following the recommended 5%, if they had an average
household income of $99,948? Show your work. (5 points)
Answers
So around $4,997 has been saved
what is the relationship between purchasing power and inflation?
Answers
Give an overview of the Key Performance Indicators (KPI) that your organisation uses in evaluating the performance of its suppliers
Answers
These Key Performance Indicators (KPIs) may vary based on the industry, organizational goals, and specific supplier relationships. Some commonly used KPIs in supplier performance evaluation are on-time delivery, quality performance, and financial stability.
On-time Delivery: This KPI measures the supplier's ability to deliver goods or services according to the agreed-upon schedule.
Quality Performance: This KPI evaluates the quality of the products or services provided by the supplier.
Financial Stability: This KPI assesses the financial health and stability of the supplier.
Learn more about Key Performance Indicators, here:
https://brainly.com/question/28283165
#SPJ4
How do you think your school should respond to this newest variant?
|
Answers
Act accordingly to the country's situation.
define finance education for class 8
Answers
3-5 sentences on information about Economics.
Answers
Answer:
go online to do it it will be better
Can somebody help me figure out what he means by this assignment. Don't actually do it but like explain it to me
Answers
Answer:
It seems like u have to see what companies did to help out like did they raise how much the get paid in hour I hope this helps.
Explanation:
Taxes are often ovved on?
initial investments,
the current value of investments.
the real value of investments,
investment returns.
Answers
Answer:
Investment returns
Explanation:
Tax is a compulsory levy imposed by the government on an individual, firms etc for the provision of infrastructure.
Generally speaking, taxes are paid as soon as money is earned. While some taxes are due for payment when investments are sold at a profit, others like dividend , mutual funds are due when distribution is paid on the investment.
The ratio of gain or losses on an investment is referred to as investment returns. The returns could be higher which means profit hence must be taxed. It could also be the other way round,i.e lower returns . In such situation, loss is incurred on the investment and it is not taxed same way as having profit on the investment.
D. investment returns.
why having business is important?
Answers
a service was performed for a client with payment due in 30 days what accounts are affected
a) debit Capital, Credit bank
b) debit accounts receivable, credit capital
c) debit Bank, credit accounts receivable
d) credit accounts payable, debit capital
Answers
Answer:
b) debit accounts receivable, credit capital
Explanation:
Performing service is part of normal business activities. It generates revenue for the business.
Once a service has been performed, revenue increases. Revenue is an equity account (it increases the owner's equity). An increase to an equity account is recorded by crediting the account.
The payment will be received in 30 days. This is an increase in accounts receivables ( asset account). An increase in assets is recorded as a debit.
________ are amounts owed to suppliers for products or services purchased on credit.
Answers
A publicly traded corporation seeking to sell new equity securities to the public for the third time in order to raise cash for capital investment would most likely
Answers
A publicly traded corporation seeking to sell new equity securities to the public for the third time in order to raise cash for capital investment would most likely sell additional shares of common stock to investors.
If a publicly traded company wants to raise money, it can sell shares to the public in the form of equity securities. A publicly traded corporation can sell equity securities to the public in a number of ways, including initial public offerings, secondary offerings, and private placements.
When a company wants to raise additional cash for capital investment, it would most likely sell additional shares of common stock to investors. This is because the company would not want to incur additional debt by issuing bonds, and selling preferred stock would be more expensive than issuing common stock.
To know more about investment visit:
https://brainly.com/question/15105766
#SPJ11
Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
Answers
($14)(25)=$350
($25)(11)=$275
$350+$275= $625
Kay+sadia+sold+merchandise+for+$4700+subject+to+8%+sales+tax.+the+entry+in+the+general+journal+to+record+the+sale+will+include
Answers
Kay Sadia collected 8% sales tax on products she sold for $4700. There will be a credit to sales of $4700 with the sale entry in the general journal.
Definition of sales taxThe term "sales tax" refers to a tax that is paid to a governing authority for the sale of specific goods and services. Generally speaking, laws permit the merchant to charge the client money at the moment of purchase to pay the tax. When a customer pays a tax on goods or services directly to a governing body, it is sometimes referred to as a usage tax.
How ought sales tax to be accounted for?You should debit your Cash account, credit your Sales Revenue and Sales Tax Payable accounts, and then record the sales tax that you have received from customers. Once the sales tax has been paid to the government, you can go back and remove your first journal entry. To do this, debit your account for Sales Tax Payable and credit your account for Cash.
Learn more about sales tax: https://brainly.com/question/372989
#SPJ4
Keep an emergency kit and fresh water in your car in the event of______
Answers
Answer:
A breakdown or emergency or an unexpected event
Explanation:
The emergency kit should always be kept in the car along with it the fresh water should also be there as if there is any emergency or breakdown occurs or the event i.e. not expected arise so these things would be used so that the problem you are suffering would be solved as soon as possible. Also if you are feeling thirsty so here you need is the water
So according to the given statement, A breakdown or emergency or an unexpected event is an answer
ASAPP PLZZZZ
3. In the mythical kingdom of Erehwon, the basic unit of money is the rudolf. At today's exchange rate, 4 rudolfs are equal to $1. A U.S. tourist in Erehwon wishes to purchase a guidebook to the country. The price is 6 rudolfs. How much is this in U.S. money?
(A) $1.50
(B) $6
(C) $4
(D) $24
Answers
how do you the accounting equation
Answers
Answer:
1. Assets = Liabilities + Owner Equity.
2. Liabilities = Assets - Owner Equity.
3. Owner Equity = Assets - Liabilities.