subject
Business, 09.12.2021 16:50 autumnstalvey67

A single firm that charges the monopoly price in the market earns $1,300. If another firm successfully enters the market, the incumbent's profits fall to $700 and the entrant earns $575. If the interest rate is 0.5, how high must the firm's profits from limit pricing be for limit pricing to be a profitable strategy for the incumbent

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 04:10
Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.
Answers: 1
question
Business, 23.06.2019 13:30
Wyome has a career in manufacturing and goes to an office to work every day. at the office, he most likely works with
Answers: 2
question
Business, 23.06.2019 14:30
List the four stages of ability development. provide an example of a person developing a specific ability. what would each stage look like? career planing
Answers: 1
question
Business, 23.06.2019 17:50
Suppose that georgiania was a thriving empire in its golden age. business was booming and it was the center of international trade under the leadership of emperor raphael iii. his empire's pride and joy was the trading of green and black tea, and he decreed that their entire economy should be built around it. however, in the mid 1800s, georgiania experienced a severe economic downturn when the other nations of the world created an embargo on tea from georgiania, which led to civil strife due to thousands of workers being laid off.a downward fluctuation in the economy like this is known as a )the correct term is a key component )
Answers: 2
You know the right answer?
A single firm that charges the monopoly price in the market earns $1,300. If another firm successful...
Questions
Questions on the website: 13722361