goal of a firm? Maximization of shareholder wealth is said to be the primary goal of a firm. The financial manager has the responsibility to act in their best interests. Since‚ the common stockholders are the firm’s most important stakeholders to continue operate the business. This goal means that the financial manager can best serve business owners by identifying goods and services that add value to the firm because the market place desires and values what the firm offers. Firms should make a decision
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the misguided selling techniques and methods of the sales representatives. Instead of selling the products to the clients fair and square‚ they are offering special benefits‚ incentives or gifts to the clients so that the favor of their clients will always be theirs. This action technically is not wrong if this event don’t happen regurlarly like giving promotions or discounts because promos and discounts only lasts for certain period of time like 1 whole month for example‚ but closing the deal not because
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The Thief of Always by Clive Barker is about Harvey Swick who entered a house of holidays run by a powerful being called Hood‚ he quickly discovers the house’s dark secrets. In this essay I will talk about the roles that Hood’s minions play in the book. There are 4 main minions that Hood controls‚ Rictus‚ Marr‚ Jive‚ and Carna‚ in this essay I won’t talk about Carna. I think Hood’s minions advance the plot a lot. I will tell you about the roles that Rictus‚ Marr‚ and Jive play in the book. Hood’s
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The development of MRI imaging technology is one useful spinoff of basic research into the structure of the atom. Research‚ however‚ is expensive. Many people argue that the high cost of research outweighs its potential benefits. Provide one argument for and one argument against increasing current funding for atomic-structure research. Use specific examples from this lesson in your answer to support each position. One argument against continuing research on the atom is that the cost continues
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We live in an epoch of complex problems. The ideas of tolerance and human rights protection‚ based on the idea that every human being is a master of their life‚ have contributed into letting people live as they want and do what they will – in reasonable measures. In particular‚ tolerance has seemingly resolved or smoothened a number of moral dilemmas that humanity faced during the past centuries. However‚ there still exists several extremely important and disputable questions‚ such as euthanasia
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Ironically—I’m the definition of undefinable. Normally people would say something like‚ “If you look up freakish in the dictionary‚ you’ll see my picture underneath”—but that is not the point to me. I am not word‚ I am not line‚ and I am not a girl that can ever be defined. It’s like trying to find a needle in a hay stack‚ or finding Waldo in a crowd of people; I’m definitely hard to decipher. You can say‚ compared to a Ballerina in a mosh pit—I’m as scantly as a hen’s teeth. As brave as a child
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CHAPTER 9 OLIGOPOLY AND FIRM ARCHITECTURE 1. The demand function for a product sold by an oligopolist is given below: QD = 370 – P The firm’s marginal cost function is given below: MC = 10 + 4Q Calculate the equilibrium price and quantity. Solution: P = 370 – Q so TR = 370Q – Q2 and MR = 370 – 2Q MR = 370 – 2Q = 10 + 4Q = MC so Q = 60 and P = 310 2. The demand function for a product sold by an oligopolist is given below: QD = 135 – 0.5P The firm’s marginal cost function is given
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One Phoenix helping another… 1. Purely competitive firms increase total revenue by Hint : Total revenue equals price times quantity sold. A purely competitive firm has control over one of these two variables. A. increasing production B. decreasing production C. increasing price D. decreasing price To increase revenue‚ firms look to increase price or quantity‚ as price multiplied by quantity equals total revenue. Purely competitive firms can sell as much as they want at the market price.
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time by allowing the client to deliver information electronically rather than in person. There should be a high level of sophistication to the website. The website should be very professional and simple to navigate. Clients should feel their information will be handled in a very profession and secure way. There are many ways in which the internet can be a useful tool for the accounting and auditing firm. The ability to receive information from the client in an electronic format for would be useful
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total grade for this course. You should complete it after completing your course work for Units 6 through 10. Answer each question clearly and concisely. 1. In perfect competition‚ one result of the model was that there were no economic profits in the long run. In a monopoly‚ the firm typically earns a positive economic profit. Why is there this difference? The lack of barriers to entry will allow competitors to enter the market unil economic profit is zero. These firms are price takers‚ and they cannot
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