Which of the following describes a situation where competition between
producers exists?
O
A. A small number of producers command the entire market for a
certain good or service.
B. The monetary benefits for one producer lead to non-monetary
costs for another producer.
C. Two or more producers are trying to sell the same good or service
to the same consumers.
O
D. One producer is the only one selling a good or service with no
close substitutes.

Please

Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?