Business, 06.05.2021 20:20 emmaishere69
Assume that in a particular industry the minimum efficient scale of operations is 6,000 units of output. That is, the long run ("Uminus shaped") average cost curve reflects a minimum efficient scale at 6,000 units of output. If that is the case, we would most likely expect that the industry would be A. an oligopoly if the fourminus firm concentration ratio is more than 10 percent. B. an oligopoly if the market quantity demanded is 18,000 units. C. perfectly competitive if the market quantity demanded is 20,000 units. D. monopolistically competitive if the market quantity demanded is 12,000 units.
Answers: 3
Business, 21.06.2019 23:30
San ruiz interiors provides design services to residential and commercial clients. the residential services produce a contribution margin of $450,000 and have traceable fixed operating costs of $480,000. management is studying whether to drop the residential operation. if closed, the fixed operating costs will fall by $370,000 and san ruiz’ income will
Answers: 3
Business, 22.06.2019 04:30
How does your household gain from specialization and comparative advantage? (what is produced, what is not produced yet paid to a specialist to produce? )
Answers: 3
Business, 22.06.2019 08:40
Mcdonald's fast-food restaurants have a well-designed training program for all new employees. each new employee is supposed to learn how to perform standardized tasks required to maintain mcdonald's service quality. due to labor shortages in some areas, new employees begin work as soon as they are hired and do not receive any off-the-job training. this nonconformity to standards creates
Answers: 2
Business, 22.06.2019 15:30
In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?
Answers: 1
Assume that in a particular industry the minimum efficient scale of operations is 6,000 units of ou...
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