The force that leads to zero economic profits for monopolistically competitive firms in the long run is

a. excess capacity.

b. price wars among firms.

c. entry by new firms.

d. excessive advertising.

Sales $100,000 Variable Costs $60,000 Contribution Margin $40,000 Fixed Costs $30,000 Operating Income $10,000 The above financial information was the result of selling 9,101 units. What would their new operating income be if they sold 10,588 units?

While waiting in line to make a purchase at Best Buy, Joanie sees signs reminding her to visit the company's website for online specials and to sign up on her smartphone for the Best Buy Loyalty Rewards Program.

10) A blue ocean strategy A. B) involves a preemptive strike to secure an advantageous position in a fast-growing market segment. B. A) is an offensive attack used by a market leader to steal customers away from unsuspecting smaller rivals. C.

Pablo Management has four part-time employees, each of whom earns $235 per day. They are paid on Fridays for work completed Monday through Friday of the same week.

Martha realizes that the microwave she bought is faulty after a month of purchase. The manufacturer of the microwave asks Martha to pay the repair expenses as the fault was with a part that was out of warranty.

Stock prices are determined in the financial markets. Management's primary goal is to maximize the firm's stock price, so financial managers need to understand how these markets operate in order to make good decisions.?

The World Trade Organization (WTO) has an important role in international trade. From the list below, select all statements about the WTO that are true. It is possible that more than one statement is true. 1.

On October 1, 2019, Donna Equipment signed a one-year, 8% interest-bearing note payable for $50,000. Assuming that Donna Equipment maintains its books on a calendar year basis, how much interest expense should be reported in the 2020 income

All of the following are capital assets with the exception of A. equipment used in a trade or business. B. corporate stock held for investment. C. personal residence. D. a Rembrandt painting held in a private collection.

Assume a firm has $450 million in operating profit. The firm's tax rate is 40%. What is the tax shield of the firm's $38 million in debt that charges a 10% interest rate?