A competitive market is in long-run equilibrium. if demand decreases, we can be certain that price will a. fall in the short run. no firms will shut down, but some of them will exit the industry. price will then rise to reach the new long-run equilibrium. b. fall in the short run. all firms will shut down, and some of them will exit the industry. price will then rise to reach the new long-run equilibrium. c. not fall in the short run because firms will exit to maintain the price. d. fall in the short run. all, some, or no firms will shut down, and some of them will exit the industry. price will then rise to reach the new long-run equilibrium.

Answers

Answer 1

At a long run in a competitive market, price will fall if demand decreases and all, some, or no firms will shut down while some of them will exit the industry.

What is a competitive market?

These are markets where no consumer or producer has the major power to influence the market.

This means that there are high mumber of producers that are competing  with one another in hopes to provide goods and services for the consumers.

However, price will fall if demand decreases and all, some, or no firms will shut down while some of them will exit the industry.

Therefore, the Option D is correct.

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Related Questions

If government spending increased by $5 billion and the expenditure multiplier is 3.2, what would be the increase in the real GDP

Answers

The increase in real GDP when government spending increases is $16 billion.

What is the increase in real GDP?

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

Increase in Real GDP = multiplier x increase in government spending

$5 billioin x 3.2 = 16 billion

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On january 1st year 1, a company issues $410,000 of 7% bonds

Answers

Answer:

The appropriate journal entries to record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021 are:

White Water journal entries

1-Jan-21

Debit Cash $382,141

Credit Discount on Bonds Payable $27,859

($410,000-$382,141)

Credit Bonds payable  $ 410,000

30-Jun

Debit Interest Expenses $ 15,286

($382,141 x 8%/2)  

Debit Discount on Bonds Payable $736

Credit Cash $14,350

($410,000 x 7%/2)  

31-Dec

Debit Interest Expenses $15,315.08

[($382,141 + 736) x 8%/2]

Credit Discount on Bonds Payable $965.08

($15,315.08-$14,350)

Credit Cash $14,350

($410,000 x 7%/2)

yo

True or false: The inventory method selected by management does not have to correspond to the physical flow of goods to be in accordance with GAAP.

Answers

Answer:

True or false: The inventory method selected by management does not have to correspond to the physical flow of goods to be in accordance with GAAP. True (The inventory method is an assumed cost flow and does not have to correspond with the actual physical flow of goods.

How much the top managers support a change and how capable employees are of handling a change are important considerations of.

Answers

The ability of top managers to support a change and how capable employees are of handling a change are important considerations of how ready an organization is for change

What is Management?

This refers to the act of organizing workers in order to maximize their potential and output.

Here, we can note that when we are considering the ways in which organizations are ready for change, we would look at the ability of top managers to support a change and how capable employees are of handling a change because this shows their level of readiness.


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If making your family and friends a priority is important to you, you value
O responsibility
O compassion
O relationships
O none of the above

Answers

Answer:

Relationships.

Explanation:

We maintain ourselves worth by trying to please excel meditate and even control or change ourselves to be closer to the people we love most.

The flexible budget performance report directs management's attention to areas where: (Check all that apply.)

Answers

The flexible budget performance report directs management's attention to areas where:corrective action can help control operations.

What is flexible budget performance report?

Flexible budget performance report can be defined as the type of report that  enables the management of a company to determine the difference  between quantity variance and price variances.

Flexible budget performance report is important for companies as it draw their attention to areas were they need to take corrective action  that will lead to efficiency.

Inconclusion it directs management's attention to areas where:corrective action can help control operations.

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Answer:

Costs differ substantially from budgeted amounts

Revenues differ substantially from budgeted amounts

Explanation:

Which of the following can negatively impact a borrower getting a loan?

A. All of these
B. Late payments
C. Bankruptcy
D. Defaulting on a loan

Answers

Answer:

A. All of these

Explanation:

Late payments means you aren't putting in the effort to make sure its on time. Bankruptcy means you lost all you money and are likely irresponsible with it. Defaulting on a loan means you can't make your own money and rely on the government system too much.

A company issues $100,000 of 5%, 10-year bonds dated january 1. The bonds pay interest semiannually on june 30 and december 31 each year. If the bonds are sold at par value, the issuer records the sale with a debit to:.

Answers

Assuming  the bonds are sold at par value, the issuer will records the sale with a debit to: Cash $100,000.

Journal entry

Based on the information given if the company issues the amount of  $100,000 of 5%, 10-year bonds dated january 1 the appropriate journal entry to record this transaction is:

Debit Cash $100,000

Credit Bond payable $100,000

(To record bonds sold at par value)

Inconclusion the issuer will records the sale with a debit to: Cash $100,000.

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According to the principles of scientific management, the best way to improve productivity is to.

Answers

Answer:

here is ur answer

Explanation:

According to the principles of scientific management, the best way to improve productivity is to: use time-motion studies to find the best method of doing each job, then teach those methods to employees

What is one financial opportunity you could enjoy if you didn’t have to worry about making a monthly student loan payment?.

Answers

The financial opportunity that students can enjoy if they didn’t have to worry about making a monthly student loan payment would be to buy crypto like BTC and ETH.

What is a Financial Opportunity?

This refers to the chance that a person gets in order to invest money to increase his financial portfolio.

Hence, it is worthy to note that because student loan payments are so high and have to be paid monthly, this makes most people be broke or low on money, and without this hassle, they would have invested in crypto, stocks, or any other financial stock.

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SWOT) and to identify 4 strengths, 4 weaknesses, 2 opportunity, and 2 threats. Then to write an analytical text for the case study. Then to write an analytical essay for the case study.
Nike’s Goddess Could a famously masculine company finally click with female customers? That was the challenge behind Nike Goddess, whose goal was to change how the company designed for, sold, and communicated with women. In its 30-year history, Nike had become the undisputed leader in sports marketing. But beneath the success was an Achilles’ heel. Nike is named after a woman – the Greek goddess of victory – but for most of its history, the company had been perceived as being mostly about men. Could Nike do more to realize the full potential of female customers? And how could it afford not to, given the threats to its future with Air Jordan running out of air and brands like Skechers digging into the teen market with shoes inspired by skateboarding, not basketball. That was the huge question at Nike HQ. The launch of Nike Goddess was the makings of an answer. Just Doing It Differently For much of its history, Nike’s destiny was controlled by its founders, Phil Knight and his running buddies, who signed up athletes in locker rooms and made the executive decisions. But by throwing together a diverse team of people with different backgrounds and different levels of seniority, Nike has found that it can keep many of its core attributes while adding new sources of inspiration. Take the combination of star designer John Hoke and newcomer Mindy Grossman, vice president of global apparel. Hoke designed the look and feel of the first Nike Goddess store. Then Grossman, whose career has included helping make Ralph Lauren into a retail icon, pitched1 the design ideas to Nike’s top retailers as stores within stores. Now it looks like Nike has a chance to reach a crucial objective: double its sales to women by the end of the decade. How to Sell to Women Nike Goddess began as a concept for a women-only store, and there’s a reason why. Many of the retail settings in which the company’s products were found were a turnoff to female customers: dark, loud, and harsh – in a word, male. In sharp contrast, the Nike Goddess stores have the comforting feel of a woman’s own home. How to Design for Women Designing a new approach to retail was only one element in Nike’s campaign. Another was redesigning the shoes and clothes themselves. Nike’s footwear designers worked on 18-month production cycles – which made it hard to stay in step with the new styles and colors for women. The apparel group, which worked around 12-month cycles, was better at keeping up with fashion trends. But that meant that the clothes weren’t coordinated with the shoes – a big turnoff 2 for women. How to Talk to Women When Jackie Thomas, Nike’s US brand marketing director for women, first heard the phrase ‘Nike goddess,’ she wasn’t impressed. ‘I don’t like talking to women through gender,’ she says. Nike Goddess had to mean something to women and it was her job to make that happen. ‘Women don’t need anybody’s permission. We are at our best when we are showing women a place where they didn’t think they could be.’ For John Hoke, the real power of Nike Goddess is not about traffic at stores. It’s about changing minds inside the company. ‘I knew that Goddess could galvanise3 us,’ he says, ‘It was an opportunity to redefine and re-energies our entire brand around a market that was taking off.’​

Answers

The strengths of the productThe company has a strong brand awareness. They are a very recognizable brand biven their symbol and its uniqueness in the footwear market.They have a large customer base. They have loyal customers globally. This has helped to grow their market cap.They are committed to healthy environmental practices. The CEO is committed to finding solutions to environmental issues.They have established great relationships with icons that have helped to grow the brand. An example is Michael Jordan.

The weaknesses They have poor employee conditions in foreign nations. These are inclusive of low wages and unsafe labor practices.The business retailers are sensitive to prices. The retailers are the strongest consumers.The business have pending debts. This is a financial threat on the business.The business is largely dependent on the US market. Most of their sales is from the US.

Two opportunities in the marketThey have emerging markets. The product still has the opportunuities of having its presence in more countries.They have an innovative market. The business is within the spheres of technology and fitness and health.

The threats to the productFake products in the market. The fake products that bear same or close name with the product are capable of affecting the revenus that the business has to generate.competition. The existence of similar brands in the market has made the company spend more on ads and marketing.

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What type of job can i get with a finance and marketing double major

Answers

You can get jobs such as social media manager, accountant, advertising manager, marketing analyst, marketing manager, financial planner, budget planner

What are the advantages and disadvantages of stocks in a big company?

Answers

Answer:

A downside of large-company stock funds is they have a lower average return than small-company stock funds. Since large companies are already established and hold a big market share, they have less room to grow. New, smaller companies have more growth potential

Explanation:

Answer: Investing in the stock market can offer several benefits, including the potential to earn dividends or an average annualized return of 10%. The stock market can be volatile, so returns are never guaranteed. You can decrease your investment risk by diversifying your portfolio based on your financial goals.  -source: the balancemoney.com

Explanation: I hope you're doing ok, its been a while :)

You should comment on one of my answers so we can...clear things up

Many developed countries have deindustrialized and are transitioning to a postindustrial economy. A. Identify and describe the economic sector that becomes dominant when a country deindustrializes and restructures from an industrial to a postindustrial economy. B. Describe TWO ways countries transitioning to a postindustrial economy utilize the international division of labor. C. Describe ONE way in which the roles of women in the paid labor force of developed countries change as a result of the transition to a postindustrial economy. D. Describe TWO ways in which brownfields can be redeveloped in postindustrial cities.

Answers

In the post industrial economy,

A. the economic sector that is dominant when the country deindustrializes is the Tertiary industry:

quaternary and quinaryservice job

Some of the jobs here require the tertiary form of education.

b. Two ways that countries transition to postindustrial economy are:

They make use of countries that have little government regulations and minimal taxes. They use countries where trade unions are non existent.

c. A way that the roles of women get to change is through the reduction in the pay gap that exists between genders. Pay can also be raised for females.

d. Brownfields can be redeveloped in the following ways in the post industrial cities:

Recreational means: sports and entertainments.Agriculture: Creation of urban farms and gardens.

What is a post industrial economy?

This is an economy that is said to have advanced from the manufacturing era into an era of production of services.

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Scheduling a production shop. midwest parts supply (mps) is a fabricator of small steel parts that are sold as components to manufacturers of electronic appliances and medical equipment. in the mps fabrication department, steel sheets are subjected to a series of three main operations—cutting, trimming, and polishing—which must be completed in this order. each machine processes the jobs in the same order, so it is sufficient to specify a single job sequence in order to describe a schedule. no machine can process more than one job at a time.
this morning, ten jobs have been released to the shop by the erp system, and the production manager is interested in minimizing the time it takes to complete the entire schedule, usually referred to as the schedule makespan. the following table gives the number of hours required for each operation.
what sequence achieves the minimum makespan and what is the minimum length of a schedule?

Answers

The best scheduling to use to ensure that the ten jobs are done in the minimum amount of time is the SJFS.

What is Shortest Job First Scheduling?

This refers to the type of scheduling that makes use of an algorithm to process the shortest time to complete execution and reduces the average awaiting time for other processes to execute.

Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.

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Describe two places where you have seen dimensioned drawings. explain why the dimensions were needed for both situations.

Answers

Answer:

house plans and building a car

Explanation:

______ is recommended for promotion when a high degree of service or support, known as ancillary services, is required after the sale of the product.

Answers

Answer:

hard work recommended for promotion

Anne is skilled at programming and wants to study computer science to become a systems analyst. She has researched the costs
associated with attending the school that offers her major and found it expensive to attend. She decides to enroll. What statement best
supports her decision to enroll?
O She can change majors and attend a more affordable university.
O She can obtain an associate's degree since it is cheaper than obtaining a bachelor's degree.
O She can work while attending college.
O She can apply for a scholarship to help fund her education expenses.

Answers

A statement which best supports her decision to enroll is that: D. She can apply for a scholarship to help fund her education expenses.

What is the decision-making process?

The decision-making process can be defined as a cognitive process that involves gathering (obtaining) information, analyzing them, and then evaluating alternatives, so as to enable the proper selection of an optimum solution (choice) to a particular problem.

In this scenario, we can logically deduce that the statement which best supports Anne's decision to enroll despite the expensive costs, is that she can apply for a scholarship to help fund her education expenses.

In conclusion, scholarship is a programme that is designed and developed to offer grants to qualified students in order to help fund their education expenses.

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The crunchy granola company is a diversified food company that specializes in all natural foods. the company has three operating divisions organized as investment centers. condensed data taken from the records of the three divisions for the year ended june 30, 20y7, are as follows: cerealdivision snack cakedivision retailbakeries divisionsales $25,000,000 $8,000,000 $9,750,000 cost of goods sold 16,670,000 5,575,000 6,795,000 operating expenses 7,330,000 1,945,000 2,272,500 invested assets 10,000,000 4,000,000 6,500,000 the management of the crunchy granola company is evaluating each division as a basis for planning a future expansion of operations.required:question content area1. prepare condensed divisional income statements for the three divisions, assuming that there were no support department allocations.2. using the dupont formula for return on investment, compute the profit margin, investment turnover, and return on investment for each division. if required, round your answers to one decimal place.3. when faced with limited funds for expansion, management should consider an expansion of the division first.

Answers

Based on the given entries, the condensed divisional income statements are:

                                    Cereal Division    Snack Cake       Retail Bakeries

Sales                               25,000,000          8,000,000           9,750,000

Cost of Goods               (16,670,000)         (5,575,000)          (6,795,000)

Sold  

Gross Profit                     8,330,000            2,425,000            2,955,000

Operating Expenses      (7,330,000)          (1,945,000)          (2,272,500)

Operating income          (1,000,000)            (480,000)           (682,500)  

The profit margins, Investment turnover, and ROI.

                                          Cereal Division   Snack Cake   Retail Bakeries

Profit Margin                             4                          6                       7

Investment Turnover               2.5                        2                      12

ROI                                              7                        1.5                     10.5

The management should go with Snack Cake as it has the highest Profit Margin.

What are the matrics and ratios for Crunchy Granola Company?

The condensed income statements will show all the divisions and their operating incomes in one statement as shown above.

The profit margin can be found as:

= Operating income / Sales x 100

The Return on Investment (ROI) is:

= Operating income / Invested assets  x 100

Investment turnover can be found as:

= Sales / Invested assets x 100

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You have been at fault in your second accident in six months. your insurance company is going to increase your annual premium by 28%. your current annual premium is $975. what will your adjusted premium be?.

Answers

Your adjusted premium based on a current annual premium of $975, increased by a 28% penalty for being at fault in the second accident in six months, is $1,248.

What is the annual premium?

The annual premium is the amount that a policyholder pays to the insurance company for a one-year insurance policy.

The annual premium helps to guarantee payment of indemnity when the covered events occur.

This implies that the annual premium is a periodic contribution that helps in the pooling of risks by the insured to help the insurer meet its indemnity obligations.

Data and Calculations:

Current annual premium = $975

Increase in annual premium = 28%

Adjusted premium = $1,248 ($975 x 1.28)

Thus, the adjusted premium based on a current annual premium of $975, increased by a 28% penalty for being at fault in the second accident in six months, is $1,248.

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Which activities support the central idea about financial planning? select 3 options. saving money in a piggy bank making impulsive candy purchases investing extra money to earn interest spending lavishly as a personal reward purchasing stock in a growing company

Answers

Answer:

a, c and e

Explanation:

The activities support the central idea about financial planning include options A, C and E: Saving money in a piggy bank,Investing extra money to earn interest and Purchasing stock in a growing company.

What is the term Financial Planning about?

Financial Planning is literally the establishment of the policies, steps and procedures that will be implemented from a financial and resources point of view to ensure that the objectives and vision of a company are met.

One of its purposes is to help a company establish the monetary resources it will need, aside from the human and material resources, to meet the objectives and be productive.

This is why, the piggy bank, which means saving money, and investing to earn interest and purchasing stock in other growing businesses.

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On january1, 1994, Joan sMITH BEGAN HER BUSINESS BY INVESTING 35,000 in cash in a checking account that

Answers

A checking account is important to keep the money for easy withdrawals through usually an Automated Teller Machine, or ATM

What is Accounting?

This refers to the record-keeping of financial records with the aim of keeping track of the finances of a business or corporation.

Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.

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Pension expense must be adjusted when a net gain or a net loss at the beginning of the year exceeds 10% of the PBO or 10% of plan assets, whichever is higher. This threshold amount is referred to as the

Answers

Answer:

It is referred to as the Corridor

Explanation:

The principle of monetary neutrality implies that an increase in the money supply will:.

Answers

increase real GDP and the price level.

Assume you borrow money to buy a new car at 10 percent interest, and you think that the economy-wide rate of inflation over the life of the loan will be 8 percent. If you are correct in your assumption, your real rate of interest on the car loan will be

Answers

Answer:

The answer is   2%

Explanation:

Have a wonderful day

_____ adjust vehicle ratings to reflect just those individuals who match the advertiser’s target audience.

Answers

Answer:

Target Rating Points adjust vehicle ratings to reflect just those individuals who match the advertiser’s target audience.

Explanation:

Target Rating Points (TRPs) are a refinement of gross rating points, or GRPs. GRPs relate to the "total audience" exposure to advertising messages, whereas TRPs relate to the "target audience" exposure.

-Justin :)

1,837.00 subtracted by 362.81

Answers

Answer:

I mean u can use a calculator

1474.19

Explanation:

A corporation is found guilty of charging purchasers advanced fees for securing mortgage loans on homes they have listed. What is the punishment for the violation?

Answers

Answer:

A corporation is found guilty of charging purchasers advanced fees for securing mortgage loans on homes they have listed. What is the punishment for the violation? A fine up to a maximum of $50,000.

What is systematic risk? Multiple choice question. It is a risk that is caused by failure of the internal control system of a corporation. It is a risk that increases in a systematic, gradual fashion. It is a risk that affects only one or a few assets. It is a risk that pertains to a large number of assets.

Answers

Systematic risk is D. It is a risk that pertains to a large number of assets.

What is systematic risk?

It should be noted that systematic risk simply refers to the risk that's inherent to the entire market.

In this case, systematic risk is the risk that pertains to a large number of assets. It is also known as volatility.

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Which living expense needs to be included in the budget of someone renting an apartment?.

Answers

Answer:

insurance

Explanation:

a living expense that should be included in the budget when someone is going to rent an apartment should be the insurance

hope this helps

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Describe the legal reforms enacted during the reigns of Henry II in a paragraph of 4-6 sentences long. Select the most appropriate unit for the situation Rate of filling a buck with water Feet / minute Square feet /minute Cubic feet / minute (PLS HELPP EASYY POINTS ) A company makes piatas for special events such as birthday parties. One of their piatas is in the form of a cone shaped hat. How much space do they have inside the piata for candy if the piata is 2 feet tall and 1.5 feet wide? Round to the nearest hundredth Suppose you are provided with a 35.83 g sample of potassium chlorate to perform this experiment. What is the mass of potassium chloride you expect to release upon heating? Select the verb phrase that correctly completes this sentence. Elles _________ jouer au golf.A. aimonsB. aimesC. aimentD. aimez how does the hunter free his wife and two noblewomen from their curse?A : He travels to his wife's castle, and then he kills the dragons, snakes, and turtles thereB : He has the old man lead him to his wife's castle, and then he finds and rescues the three swans that were being guarded by the three dragons.C : He asks the old man to take him to the castle where his wife lives, and then he suffers through many days of torture by dragons, snakes, and turtles.D : He goes to the castle where his wife lives, and then he suffers through three days of torture by three dragons. Who did the United States believe was harboring the terrorists responsible for the September 11 attack? (5 points) A softball and a basketball start from rest and roll down an incline. Which ball reaches the bottom first? from succession answers three number x, y and z are in ratio 5:3:4.find the value of 2x-6y+2z 16. The energy absorbed in 10minutes by an electrical heater is 1.5 MJ. The supply voltage is 240 V. calculate: a) The current drawn b) The quantity of electricity in Coulombs taken in 5 minutes c) The energy absorbed in 100 hours. expermant laveas test strach If something weighs 2891N on earth, whats its mass? Poem about that shows the benefits of aquatic recreational activities. Is the table a linear or exponential function? PLEASE HELP ASAPEVERYTHING NEEDED IS IN THE PIC BELOW 3Select all the correct answers.Which three statements are true as they relate to supply and demand?As supply rises, prices generally decrease.o As demand decreases, costs generally increase.As supply decreases, prices increase.The average rate of change describes how much a quantity changes as price increases.o As demand rises, the price of the product decreases. Kim is 15 years old. Her father is 4 times as old as her now. In how many years time their total age be 115 years. Solve the equation 4 ( c - 3 ) = 8 3. What do the Jews of Sighet know about the outside world in 1941? How do they respond to what they know?