Business, 20.11.2019 17:31, deonte4807
There are 300 purely competitive farms in the local dairy market. of the 300 dairy farms, 298 have a cost structure that generates profits of $48 for every $600 invested. instructions: enter your answers as whole numbers. a. what is the percentage rate of return for these 298 dairies? percent. b. the other two dairies have a cost structure that generates profits of $44 for every $400 invested. what is their percentage rate of return? percent. c. assuming that the normal rate of profit in the economy is 10 percent, and firms cannot copy each other's technology, will there be entry or exit? will the change in the number of firms affect the two that earn $44 for every $400 invested? what will be the rate of return earned by most firms in the industry in long-run equilibrium? percent. if firms can copy each other’s technology, what will be the rate of return eventually earned by all firms? percent.
Answers: 1
Business, 22.06.2019 02:00, 544620
Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?
Answers: 1
Business, 22.06.2019 22:40, Conner5459
Crowding out is a phenomenon focused upon most by the macroeconomists of whereby a government deficit interest rates, which in turn private investment spending. this group also believed that fiscal policy is the only thing that can lower natural unemployment. is just as effective in countering recessions as monetary policy. can be used most of the time, but monetary policy becomes a better option when velocity is fluctuating. should be used only if the central bank follows a monetary policy rule. faces problematic lags in propagating changes throughout the economy.
Answers: 3
There are 300 purely competitive farms in the local dairy market. of the 300 dairy farms, 298 have a...
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