Answer:
A. consumer surplus that is generated from the introduction of a new product.
Explanation:
The product-variety externality is defined as consumer get the surplus that is generated from the introduction of a new product and entry of a new firm conveys a positive externality on consumers. It arises as new firms offer products that differ from those of the existing firms, however, it does not happen under perfect competition. Competitive market lead to efficient outcomes, unless there are externalities.
Answer:
The correct answer is 44.73 days or 45 days.
Explanation:
According to the scenario, the computation of the given data are as follows:
We can calculate the day's sales uncollected by using following formula:
Day's sales uncollected = No. of days in year ÷ Debtor turnover ratio
Where, Debtor turnover ratio = Sales ÷ Accounts receivable
= $607,500 ÷ $74,422
= 8.16
So, by putting the value, we get
Day's sales uncollected = 365 days ÷ 8.16
= 44.73 days or 45 days.
Answer:
4.92%
Explanation:
we have to calculate the market price of the bond in one year from now but in order to do this we have to calculate the yield to maturity:
YTM = {80 + [(1,000 - 750)/10] / [(1,000 + 750)/2] = 105 / 875 = 12%
the market price of the bond in one year is:
PV of face value = $1,000 / 1.12⁹ = $360.61
PV of coupon payments = $80 x 5.3282 (PV annuity factor, 12%, 9 periods) = $426.26
market price one year from now = $786.87
capital gains yield = ($786.87 - $750) / $750 = 4.92%
Answer: D) sampling bias.
Explanation:
Sampling bias refers to a scenario where conditions in the research give more subjects in the population of interest the chance to appear either more or less times than others instead of all the subjects having an equal chance of representation.
The students were to come in at different times yet Graham gave them all the same treatment conditions. This could lead to sampling bias because those who volunteered earlier are likely different from those who volunteered later.
Answer:
1) 19 days
2) 109 days
Explanation:
1. Days of personal use = days in which he stayed in the house = 19
2. Days of rental use = actual days which was played for out days for elligible rent.
Where Fbr = favorite brother rent days = 11
Fbl = least favorite brother rent days = 12 days
Rfb = days of rent to friend = 14
Tpr = third party rent days = 72
Days of rental use = Fbr + Fbl + Rfb + Tpr = 11 + 12 + 14 +72 = 109days
