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Keith_Richards [23]
3 years ago
7

Market failure occurs when a free market is unable to

Business
2 answers:
Viefleur [7K]3 years ago
8 0

In economics, market failure is a situation in which the allocation of goods and services by a free market is not efficient, often it leads to a net social welfare loss. (Wikipedia definition)

The answer is A. Distribute resources efficiently.

Leokris [45]3 years ago
6 0
Market failure occurs when a free market is unable to A) distribute resources efficiently.
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What report do you receive after you complete the FAFSA?
suter [353]

Answer:

B) Student Aid Report (SAR)

Explanation:

This is the report you get after completing the government provided FAFSA.

3 0
3 years ago
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Mary sells two products. She finds that when she promotes one product with a lower promotional price, sales increase for the oth
Marina CMI [18]

Answer:

Cheap

Explanation:

If Mary is selling one product at a lower promotional price then the buyer will think the other products are being sold at a lower price too right?

I may be wrong.......

8 0
3 years ago
Ow did easy consumer credit help the u.s. economy during the early 1920s?
alexandr1967 [171]
People bought more goods and created high demand for new products
5 0
3 years ago
According to the Census Bureau, in October 2016, the average house price in the United States was $354,900. In October 2000, the
Mars2501 [29]

Answer:

3.18%

Explanation:

Calculation for the annual increase in the price of the average house sold

We are suppose to use this formula FV = PV (1+r)^t but since we are looking for R the formula to use will be:

R = (FV / PV)^1/16– 1

Let note that 2016-2000 will give us 16 years

Where,

FV=$354,900

PV=$215,100

Let plug in the formula

R= ( $354,900/$215,100 )^1/8)16– 1

R=(1.6499)^1/16-1

R=1.0318-1

R=0.0318×100

R=3.18%

Therefore the annual increase in the price of the average house sold will be 3.18%

4 0
3 years ago
The following refers to units processed by a breakfast cereal maker in August. Compute the total equivalent units of production
madam [21]

Answer:

Equivalent units of production= 746,000 units

Explanation:

Giving the following information:

Units completed 620,000 100%

Ending Work in Process 180,000 70%

<u>The weighted average method blends the costs and units of the previous period with the costs and units of the current period.</u>

<u></u>

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= 620,000 + (180,000*0.7)

Equivalent units of production= 746,000 units

7 0
3 years ago
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