BUSINESS HIGH SCHOOL

What happens in a competitive industry when more firms enter? a. supply increases and the price rises, which in turn raises profits.
b. demand decreases and the price declines, which in turn lowers profits.
c. supply increases and the price declines, which in turn lowers profits.
d. demand increases and the price rises, which in turn raises profits?

Answers

Answer 1
Answer: What happens in a competitive industry when more firms enter? Supply increases and the price declines, which in turn lowers profits. When there is a large number of suppliers the prices drop because they are having to compete with one another. As more enter the market they have to fight to compete with one another for profits. 


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COLLEGE

Bartling Energy Systems recently reported $9,250 of sales, $5,750 of operating costs other than depreciation, and $700 of depreciation. The company had no amortization charges, it had $3,200 of outstanding bonds that carry a 5% interest rate, and its federal-+-state income tax rate was 35%. In order to sustain its operations and thus generate sales and cash flows in the future, the firm was required to make $1,250 of capital expenditures on new fixed assets and to invest $300 in net operating working capital. By how much did the firm's net income exceed its free cash flow?

Answers

Answer: Difference between net income and FCF =  $746.00

Explanation:

Bonds =  $3,200.00

Interest rate ----------  5.00%

Tax rate --------------- 35.00%

Required capital expenditures (fixed assets) = $1,250.00

Required addition to net operating working capital------------ $300.00

Sales = $9,250.00

Operating costs excluding depreciation -------------- $5,750.00

Depreciation = $700.00

Operating income (EBIT) = $2,800.00

Interest charges = $160.00

Taxable income (EBT) = $2,640.00

Taxes =  $924.00

Net income after taxes = $1,716.00

FCF = BIT×(1 – T) + Depreciation – Cap Ex – ΔNet Op WC

FCF = $1,820 + $700 – $1,250 – $300

FCF =  $970.00

Difference between net income and FCF =  $746.00

COLLEGE

A purchase of supplies for cash is recorded in the a.purchases journal b.cash payments journal c.revenue journal d.cash receipts journal

Answers

Answer: A purchase of supplies for cash is recorded in the cash payments journal.

COLLEGE

A _________ forecast predicts the future cash inflows and outflows in future periods. A. money based
B. short-term
C.cash flow
D. long-term

Answers

A cash flow forecast predicts the future cash inflows and outflows in future periods.

Answer: Option C

Explanation:

A cash flow forecast is a document that helps you to know how much amount of money is coming in or going out in the various transactions in the business.  

Along with that, the projected expenditure or the income is also a part of this document. The time period of this document can be of twelve months also and it can be lesser than twelve months also. It may be made for a period of one week.

HIGH SCHOOL

A company that is organized by both product and function is using ________ organization.

Answers

A company that is organized by both product and function is using matrix organization. To give you a better understanding of what a matrix organization is all about- it is a company structure, by the name itself, "matrix" or the use of the grid in reporting relationships. This is basically represented with the use of matrix or grid and not the traditional hierarchy in most companies. An employee must have two reporting relationships to both the product and function manager or department. 
The answer is matrix.
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