Suppose that the restaurant industry is perfectly competitive. all producers have identical cost curves, and the industry is currently in long-run equilibrium, with each producer producing at its minimum long-run average total cost of $8. if there is a sudden increase in demand for restaurant meals, which of the following statements best describes the difference between short-run and long-run impacts on price and quantity for an individual firm in the market. the change in price is greater in the short run than in the long run, but the change in quantity is greater in the long run than in the short run. the change in price is greater in the long run than in the short run, but the change in quantity is greater in the short run than in the long run. the change in price and quantity are both greater in the long run than in the short run. the change in price and quantity are both greater in the short run than in the long run.
Answers: 2
Business, 21.06.2019 16:50
The bonds issued by the south foot bear a coupon rate of 7.5 percent, payable semiannually. the bonds mature in 6.5 years, sell at par, and have a $1,000 face value. what is the yield to maturity
Answers: 3
Business, 22.06.2019 19:00
The east asiatic company (eac), a danish company with subsidiaries throughout asia, has been funding its bangkok subsidiary primarily with u.s. dollar debt because of the cost and availability of dollar capital as opposed to thai baht-denominated (b) debt. the treasurer of eac-thailand is considering a 1-year bank loan for $247,000.the current spot rate is b32.03 /$, and the dollar-based interest is 6.78% for the 1-year period. 1-year loans are 12.04% in baht.a. assuming expected inflation rates of 4.3 % and 1.24% in thailand and the united states, respectively, for the coming year, according to purchase power parity, what would the effective cost of funds be in thai baht terms? b. if eac's foreign exchange advisers believe strongly that the thai government wants to push the value of the baht down against the dollar by5% over the coming year (to promote its export competitiveness in dollar markets), what might the effective cost of funds end up being in baht terms? c. if eac could borrow thai baht at 13% per annum, would this be cheaper than either part (a) or part (b) above?
Answers: 2
Business, 22.06.2019 20:30
Contrast two economies that transitioned to capitalism and explain what factors affected the ease kf their transition as welas the “face” of capitalism that each has adopted
Answers: 2
Suppose that the restaurant industry is perfectly competitive. all producers have identical cost cur...
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