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Monica [59]
3 years ago
14

In Cuba, a lottery system effectively decides who gets to purchase a car. Why would someone favor a lottery system over a price

system in obtaining a desired item, such as cars?
A) Everyone has a chance to purchase the car since everyone can work for one.
B) Everyone eventually stops working to qualify for goods and services under the lottery system
C) Everyone has an equal chance of having their name drawn instead of only those who can afford the car.
D) Everyone has an equal chance of affording a car instead of waiting on a lottery system for drawing the name.
Business
2 answers:
Sunny_sXe [5.5K]3 years ago
8 0

the answer is: C) Everyone has an equal chance of having their name drawn instead of only those who can afford the car.

Under lottery system, the right to own a car could only be obtained based on pure luck.

This system indeed provide the people with 'equal chance' to obtain the car, but the chance to obtain it is very low to begin with.

United states have 'unequal chance' to obtain a car but the chance to obtain a car  it is extremely high. So 'equality' to obtain in Cuba is not necessarily a good thing.

ArbitrLikvidat [17]3 years ago
7 0
Answer: C


I hope this helps and have a wonderful day!!
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WACC.  
postnew [5]

Answer:

6.57%

Explanation:

The WACC formula is really easy you just have to calculate the weights of the debt or equity whatever is given in the question and then multiply it by the percentage of borrowing given. The total borrowing in this question is 12000(4911+4305+2784).

WACC for this question will be calculated as:

=> (4911/12000)*0.04 + (4305/12000)*0.06 + (2784/12000)*0.12

=> 0.0657

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Hope this helps,

Goodluck buddy

8 0
3 years ago
A nation has a population of 260 million people. Of these, 60 million are retired, in the military, in institutions, or under 16
aleksley [76]

Answer: 6%

Explanation:

Total population= 260 million.

Dependent population= 60 million

Employed population= 188 million

Unemployed population= 12 million

Total Labour Force= employed population + unemployed population

= 188 million + 12 million

= 200 million

Therefore total labor force= 200 million

Unemployment rate= unemployed people/ Total Labour Force×100

= 12 million/200 million×100

=0.06× 100

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Unemployment rate= 6%

6 0
3 years ago
Jordon and Heidi share income equally. For the current year, the partnership net income is $40,000. Jordon made withdrawals of $
aleksley [76]

Answer:

a.$46,000

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Jordon's Ending Capital Balance = $40,000 + ( $40,000 x 0.5 ) - $14,000

Jordon's Ending Capital Balance = $40,000 + $20,000 - $14,000

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3 0
3 years ago
How did great britain enforce the payment of taxes.
andrew-mc [135]

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4 0
2 years ago
The measurement that equals cash receipts minus cash payments over a given period of time, is referred to as:
zavuch27 [327]
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3 0
3 years ago
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