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A characteristic of competitive markets (perfect competition), as well as monopolistic competition is the absence of entry and exit barriers. This means that new firms can easily enter the market, and it is also easy to exit the market. Firms would be attracted to enter a market if above-normal rates of return could be earned in the market.
Suppose a lower cost production method is found for a product sold in a perfectly competitive market and that the demand for the product is inelastic.
What happens to industry profits in the short run, when the number of firms is fixed?
What happens to industry profits in the long run?
What happens to total industry revenues in the long run?
R1. Compute Rodeswell's earnings per share for 2011. Start with income from continuing operations. All income and loss amounts are net of income tax. R2. Show two ways of reporting Rodeswell's retained earnings restriction.
Suppose that Fred's probability of illness is 0.25. What is the actuarially fair price of health insurance for Fred with a zero coinsurance rate?
What technology companies would be advantageous to pair with for a regulated natural gas company?
In what types of situation is conducted a census more appropriate then sampling? When is sampling is more appropriate then taking a census?
Predict the evolution of regulatory requirements mandating risk management processes and plans.
Foundation for group development and management in completion of Assessment - develop a team charter to successfully manage the completion of assessment.
You are required to address/discuss the following: Define diversity. Discuss some positive effects of diversity on today's organisations. Discuss some of the negative effects of diversity on today's organisations.
management action plan mapplease comprise documentation of all seven steps in your submission of your map assignment.i.
Research three methods of front-end prison programs and three methods of back-end programs for a total of six prison population reduction programs.
Pick a topic from the previous weeks and explain why you think it is the most important part of a business. What strategy can you implement at work (or you would like to implement) currently.
What are the main financing options for a new business venture? What are the advantages and disadvantages of each financing option?
good management practicesshow from your experience some of the most important components of good project management
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