Business, 06.01.2020 23:31 chenepiernas
Which of the following statements is not correct?
a) in a long-run equilibrium, marginal firms make zero economic profit.
b) to maximize profit, firms should produce at a level of output where price equals average variable cost.
c) the amount of gold in the world is limited. therefore, the gold jewelry market probably has a long-run supply curve that is upward sloping.
d) long-run supply curves are typically more elastic than short-run supply curves.
Answers: 1
Business, 22.06.2019 15:20
Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?
Answers: 2
Business, 22.06.2019 19:50
At the beginning of 2014, winston corporation issued 10% bonds with a face value of $2,000,000. these bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $1,852,800 to yield 12%. winston uses a calendar-year reporting period. using the effective-interest method of amortization, what amount of interest expense should be reported for 2014? (round your answer to the nearest dollar.)
Answers: 2
Business, 22.06.2019 21:30
What term is used to describe the outsourcing of logistics? a. shipper managed inventoryb. hollow logistics(smi)c. sub-logisticsd. e-logisticse. third-party logistics (3pl)
Answers: 1
Business, 23.06.2019 05:10
Lakota is buying a new laptop. he wants to use google as his main search engine. he should be sure which internet browser(s) are loaded on his computer?
Answers: 2
Which of the following statements is not correct?
a) in a long-run equilibrium, marginal fir...
a) in a long-run equilibrium, marginal fir...
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