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4 years ago

How does competition benefit consumers (econ)

Business

2 answers:

balandron [24]4 years ago

6 0

Answer: cheaper goods

Explanation: it's possible that competition markets may lower prices than others so they could sell more

adelina 88 [10]4 years ago

4 0

Answer:

how does competition benefit consumers?

Competition is good to consumers in any market, it helps in price reduction which consumers prefers. Also there is room to go elsewhere if the quality and quantity of such goods are not maintained which allows customers to patronize other seller in the same market with a lower price

Explanation:

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In a statement of cash flows using the indirect method, an increase in available-for-sale securities due to an increase in their

damaskus [11]

Answer:

The correct answer is d) A deduction from net income in determining cash flows from operating activities.

Explanation:

To get net cash flow using the indirect method we must make adjustments to the net income.

It depends on the account if it is added or subtracted to net income.

In this case, an increase in available-for-sale securities due to an increase in their fair value should be reported as a deduction from net income.

4 0

3 years ago

Calculate Producer Surplus if Reservation Price=20, Price=8, & Quantity=10.

Pavel [41]

C. 60
Explanation:
Producer's Surplus means the value producer derives from selling goods. For example, if producer is willing to sell the product for a price 8 but consumers are willing to pay a higher price, let's say 20, then producer achieves a surplus of 12 per unit. Let's calculate the producer's surplus -
As per question, Reservation Price (RP) =20, Price (P) =8, & Quantity (Q) =10
The formula for Producer Surplus (PS) is as follow:
PS = 1/2 (RP - P) x Q
= 1/2 (20-8) x 10 = 60

4 0

3 years ago

Santos Unlimited (SU) was originally unlevered with 4200 shares outstanding. However, after a major financial restructure, SU no

Nataly_w [17]

Answer:

Unlevered Levered

EAT EBIT * (1-t) EBIT - Interest - Tax

No. of shares 4,200 3,800

Payoff per share holder = EAT / Number of shares. At Indifference point, per share payoff should be equal in both cases

EBIT * 0.66 / 4,200 = (EBIT - (37,000*8%) * 0.66) / 3,800

0.66*EBIT / 4,200 = [0.66*EBIT - 2,960*0.66] / 3,800

3,800 * 0.66EBIT = 4,200*[0.66EBIT - 1,954]

2,508 EBIT = 2,772 EBIT - 8,206,800

2,772 EBIT - 2,508 EBIT = 8,206,800

264 EBIT = 8,206,800

EBIT = 8,206,800/264

EBIT = 31086.36363636364

EBIT = $31,086.36

3 0

3 years ago

Moon Lee received her bank statement on September 8, showing a balance of $2,009.32. The balance shown in her checkbook was $2,4

Ivenika [448]

Answer:

Reconciled balance for both bank and cheque book statement is $2,572.51

Explanation:

To find the reconciled balance, we start of with reconciling the bank statement with cheque book statement

Bank statement

Balance as per bank statement

$2009.32

Add: deposits in transits

$1,197.87

Less: outstanding checks

($310.18 + $324.50)

Reconciled balance

$2,572.51

Cheque book

Balance as per cheque book

$2,469.31

Add: interest earned

$109.20

Less: service charge

($6)

Reconciled balance

$2,572.51.

8 0

3 years ago

What strategy did president roosevelt use to restore america's confidence in government and the private banking system?

Klio2033 [76]

The strategy used by president Roosevelt to restore America's confidence in government and the private banking system was that, he reassured fireside talks on the radio.

Roosevelt fought to expand the role of the federal government in the nation's economy, and also embraced Keynesian economic policies. He also implemented a series of projects and programs called the New Deal to stabilize the economy.

Roosevelt called his radio talks about issues of public concern as fireside talks. These talks made Americans feel as if President Roosevelt was talking directly to them. He continued to use fireside talks throughout his presidency to address the fears and concerns of the Americans

Hence, these talks gave confidence to the American people to overcome their fears.

To learn more about Roosevelt here:

brainly.com/question/1000563

#SPJ4

5 0

1 year ago

How does competition benefit consumers (econ)​

How does competition benefit consumers (econ)