(240)-343-2585

Suppose that, in a perfectly competitive market at the profit-ma Need more help! Suppose that, in a perfectly competitive market at the profit-maximizing quantity, the market price is greater than average total cost. Carefully explain what will happen to the number of firms, the market supply, and the price of the good as we move from the short run to the long run. Students also viewed these Organizational Behavior questions What will happen to the number of firms producing mountain bikes in What will happen to the number of firms producing mountain bikes in the long run? Use Figure 14.2, which shows the situation facing Mike’s Bikes, a producer of mountain bikes, to work Problems 14 to 18. The demand and costs of other mountain bike producers are similar to those of Mike’s Bikes. Explain what will happen to the price level, Real GDP, and the Explain what will happen to the price level, Real GDP, and the unemployment rate in the following…… … by the same amount that SRAS rises. m. AD falls by less than SRAS rises. n. AD falls by more than SRAS falls. o. AD falls by the same amount that SRAS falls. p. AD falls by less than SRAS A firm sells its product in a perfectly competitive market where other A firm sells its product in a perfectly competitive market where other firms charge a price of $80…… … = 40 + 8Q + 2Q2.a. How much output should the firm produce in the short run?b. What price should the firm charge in the short run?c. What are the firms short-run profits?d. What adjustments… In a perfectly competitive market in long-run equilibrium, can consumer surplus be In a perfectly competitive market in long-run equilibrium, can consumer surplus be increased? Can producer surplus be increased? Can a consumer become better off by making a substitution away from this market? A producer operating in a perfectly competitive market has chosen his output A producer operating in a perfectly competitive market has chosen his output level to maximize…… … costs $120 • Sunk fixed costs $60 • Nonsunk fixed costs $40 Calculate his producer surplus and his profits. Which (if either) of these should he use to determine whether he should exit the… A 20 g particle is moving to the left at 30 m/s. A 20 g particle is moving to the left at 30 m/s. A force on the particle causes it to move the the right at 30 m/s. How much work is done by the force? What is a grid file? What are its advantages and disadvantages? What is a grid file? What are its advantages and disadvantages? Purchase of Computer with Zero-Interest-Bearing Debt Napoleon Corporation purchased a computer on…… Purchase of Computer with Zero-Interest-Bearing Debt Napoleon Corporation purchased a computer on…… … places) (b) Prepare the journal entry (ies) at December 31, 2010, to record the payment and interest (effective interest method employed). (c) Prepare the journal entry (ies) at December 31,… SAQ: Consider the structure (at physiological pH 7.4 ) of the following SAQ: Consider the structure (at physiological pH 7.4 ) of the following molecules and then answer…… … the importance of this when such molecules bind together to form a polymer. One of these molecules has a key structural difference, relative to the others. Name the molecule that is the… Tara Enterprises has numerous investments in debt and equity securities. The controller, Tara Enterprises has numerous investments in debt and equity securities. The controller, James Cameron is preparing its year-end financial statements and is in the process of classifying for the first time the securities in the portfolio. The poor economy in the past year has caused the portfolio’s overall fair value to substantially decline; however, some securities have increased in value and others have decreased. Cameron earns a bonus each year, which is computed as a percent of net income. Cameron presents a schedule classifying the securities for the COO’s review. In reviewing the schedule the COO notices that the securities that have increased in value have been classified as trading securities while the securities that have decreased in value are classified as long-term available-for-sale securities. Who might be affected by the suggested classification? Will the suggested classification affect Cameron’s bonus? Explain. In your opinion, is the suggested classification ethical? Explain. Assume that the A division of Alien Corporation experienced the following transactions Assume that the A division of Alien Corporation experienced the following transactions during the…… … the year ended December 31, 2013. For items a through f, explain the accounting concept, assumption, or principle that provides guidance in accounting for the item. State how you have applied… Suppose a monopolist faces the following demand curve: P = 596 – Suppose a monopolist faces the following demand curve: P = 596 – 6Q. Marginal cost of production…… … charge?c) How much profit will the monopolist make if she maximizes her profit?d) What would be the value of consumer surplus if the market were perfectly competitive?e) What is the value of… A Deloitte employment survey asked a sample of human resource executives how A Deloitte employment survey asked a sample of human resource executives how their company planned…… … the employment plan for the next 12 months is independent of the type of company. At a .05 level of significance, what is your conclusion?b. Discuss any differences in the employment plans… The compound beam is fixed at A, pin connected at B, and The compound beam is fixed at A, pin connected at B, and supported by a roller at C. Draw the shear and moment diagrams for the beam. Start from the Maxwell-Boltzmann’s distribution and derive an expression for the most Start from the Maxwell-Boltzmann’s distribution and derive an expression for the most probable speed of a gas of molecules at a temperature T. Go on to demonstrate the validity of the equipartition conclusion that the average translational kinetic energy of molecules free to move in three dimensions is 3/2 kT. In 1654 Otto von Guericke, inventor of the air pump gave a In 1654 Otto von Guericke, inventor of the air pump gave a demonstration before the noblemen of the Holy Roman Empire in which two teams of eight horses could not pull apart two evacuated brass hemispheres. (a) Assuming the hemispheres have (strong) thin walls, so that R in Figure may be considered both the inside and outside radius, show that the for F required to pull apart the hemispheres has magnitude F = ÏR2 Îp, where Îp is the difference between the pressures outside and inside the sphere. (b) Taking R as 30 cm, the inside pressure as 0.10 atm, and the outside pressure as 1.00 atm, find the force magnitude the teams of horses would have had to exert to pull apart the hemispheres. (c) Explain why one team of horses could have proved the point just as well if the hemispheres were attached to a sturdy wall. A friend of yours, Ana Gehrig, recently completed an undergraduate degree in A friend of yours, Ana Gehrig, recently completed an undergraduate degree in science and has just started working with a biotechnology company. Ana tells you that the owners of the business are trying to secure new sources of financing which are needed in order for the company to proceed with development of a new health care product. Ana said that her boss told her that the company must put together a report to present to potential investors.Ana thought that the company should include in this package the detailed scientific findings related to the Phase I clinical trials for this product. She said, “I know that the biotech industry sometimes has only a 10% success rate with new products, but if we report all the scientific findings, everyone will see what a sure success this is going to be! The president was talking about the importance of following some set of accounting principles. Why do we need to look at some accounting rules? What they need to realize is that we have scientific results that are quite encouraging, some of the most talented employees around, and the start of some really great customer relationships. We haven’t made any sales yet, but we will. We just need the funds to get through all the clinical testing and get government approval for our product. Then these investors will be quite happy that they bought in to our company early!”Instructions(a) What is accounting information? Explain to Ana what is meant by generally accepted accounting principles.(b) Comment on how Ana’s suggestions for what should be reported to prospective investors conforms to the qualitative characteristics of accounting information. Do you think that the things that Ana wants to include in the information for investors will conform to financial reporting guidelines? Consider the following transactions: Requirement1. Indicate whether each transaction would result in Consider the following transactions: Requirement1. Indicate whether each transaction would result in an operating activity, an investing activity, or a financing activity for an indirect method statement of cash flows and the accompanying schedule of noncash investing and financing activities.