Which of the following forces does not play a major part in the adjustments of a industry toward its long-run equilibrium?
1. profits/losses making firms enter or exit the industry
2. firms expanding or shrinking their productive capacity
3. introduction of new products and patents
4. shifts in the demand curves of individual firms as the industry expands or contracts
Answers: 1
Business, 22.06.2019 21:00
On july 2, year 4, wynn, inc., purchased as a short-term investment a $1 million face-value kean co. 8% bond for $910,000 plus accrued interest to yield 10%. the bonds mature on january 1, year 11, and pay interest annually on january 1. on december 31, year 4, the bonds had a fair value of $945,000. on february 13, year 5, wynn sold the bonds for $920,000. in its december 31, year 4, balance sheet, what amount should wynn report for the bond if it is classified as an available-for-sale security?
Answers: 3
Business, 23.06.2019 00:30
Greentel, a telecom giant, has been using the service of orpheus inc. for training its employees. according to a deal signed by the two companies, orpheus inc. is not only responsible for training greentel's employees but also for providing comprehensive administrative services to the telecom giant. in this instance, greentel engages in
Answers: 1
Business, 23.06.2019 11:30
2. how has taobao created economic opportunities for chinese entrepreneurs that were inaccessible to them before?
Answers: 1
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