A perfectly cometitive firm is likely to have its elasticity value a). be in the inelastic range b). be equal to one in absolute value c). be equal to infinity in absolute value d). be equal to zero
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![A perfectly cometitive firm is likely to have its elasticity
value
a). be in the inelastic range
b). be equal to one in absolute value
c). be equal to infinity in absolute value
d). be equal to zero](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F633a694b-d398-4d7d-95a5-f13c1c24c7c8%2F8a00f146-959d-4b35-8c6f-ddc19e920550%2Fv4r1dng_processed.jpeg&w=3840&q=75)
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- The preference of an agents on lotteries can be represented by an expected utility function u such that u(x) = 3y^1/2 -10. Then the agent is A) not risk averse B) risk loving C) risk neutral D) risk averse E) NOPAC- Consider demand: x(p₁) = 400 — 2p1 At a market price of p₁ = $125 per unit: • Determine the social loss due to moral hazard when assuming: 1. Full insurance compared to uninsured 2. A co-payment of $50 compared to uninsured 3. A 75% coinsurance rate compared to uninsuredRisk-neutral probabilities are always Select one: O equal to atomic prices O negative O less than physical probabilities O equal to physical probabilities O equal to forward atomic prices
- Suppose that machinery used by a bank for sorting and clearing cheques breaks down. This is a manifestation of: Select one: a. Liquidity Risk b. Operational Risk c. Credit Risk d. Insolvency RiskCalculate the EUAC of a company If P = 1000$, n = 10 years and i = 10%. Select one: O a. 163$ O b. 160$ O c. 150$Which of the following statement(s) is(are) false with respect to the Hybrid system? Select one or more: O a. The advantage of the hybrid system is that the models will perform in a period of a financial crisis. O b. The RAROC denominator is the net return generated by lending. V c. The bank prefers to lend to borrowers with higher RAROC, ceteris pariubs. O d. The hybrid system consists of regression models. e. None of the above
- If Actual sales are OMR 470000, Total Fixed costs OMR 120000, Selling price per unit OMR 50, and Variable cost per unit OMR 35, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)? Select one: O a. MS=100000 and MS (%)=D16 O b. MS=73000 and MS (%)=15.15 O c. MS=70000 and MS (%)=14.89 O d. MS=62000 and MS (%)=13.42An unstable environment is one in which the number of external elements of the environment that lie in the firm's domain is very large. That means many environmental elements (e.g., customers, vendors, suppliers, investors, unions, policies etc.) can affect the firm but they may not necessarily change frequently. (Hint: The content on Stable-Unstable dimension of external environment may be relevant here) True FalseRefer to the payoff table below of profits in ($000). Which decision alternative results from using the Conservative (Pessimestic) Decision Rule? PAYOFF TABLE High Demand Small Medium Large 35 300 550 -10 Moderate Demand 35 150 75 -10 Low Demand Do Nothing O A. Large O B. Do nothing OC. Medium O D. Small O E. Cannot be determined since relative frequencies are missing. 35 50 -45 -10
- If an economy can produce a maximum of 10 units of good X and the opportunity cost of 1X is always 6Y, then what is the maximum units of good Y the economy can produce? 0 60 O 600 050 500please answer this question within 30 minutes. i will upvote.Which of the following losses or outgoings incurred cannot be deducted as a general deduction by a share investor: Group of answer choices Interest on money borrowed to buy shares expected to produce dividends, Investment journals and publications. Investment journals and publications. Subscriptions to share market information services. Management fees or retainers to investment advisers for an initial investment plan. Management fees or retainers to investment advisers for ongoing investment advice.
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