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Rainbow [258]
3 years ago
8

Welfare economics explains which of the following in the market for televisions? a. The government sets the quantity of televisi

ons; firms respond to the quantity by charging a specific price. b. The government sets the price of televisions; firms respond to the price by producing a specific level of output. c. The market equilibrium price for televisions maximizes the total welfare of television buyers and sellers. d. The market equilibrium price for televisions maximizes consumer welfare and minimizes producer profit.
Business
1 answer:
yKpoI14uk [10]3 years ago
8 0

Answer:

c. The market equilibrium price for televisions maximizes the total welfare of television buyers and sellers.

Explanation:

Welfare economics by definition , is the study of how various  allocation of resources affects economic well-being of buyers, seller and community at large. This study seeks to evaluate economic policies and determines their effects on the well-being of buyers and sellers. It assumes that an efficient allocation can be attained by a competitive equilibrium, given the market mechanisms that cause redistribution. However, the tools of welfare economics are not reliable when markets are inefficient.

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A cell phone company introduced its brand-new 5G phone into the market. The phone featured global network capability, the fastes
vodka [1.7K]

Answer:

demand will be low

Explanation:

According to my research on different pricing strategies, I can say that based on the information provided within the question demand will be low. Since they will be charging high amounts the demand will be lower because only a select few amount of people will be able to afford it. Usually their consumer base will be made up of enthusiasts and loyal customers that have supported the brand for years and have a good economic standing. Demand will slowly rise as competition sets in and prices decrease.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
4 years ago
PLEASEEEE HELP!! 20 POINT ASSIGNMENT
Hoochie [10]

Answer:

Stocks for number 2

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Explanation:

7 0
3 years ago
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Relevancy ranking suggests internet search result will be placed in order of
vodomira [7]

Relevancy ranking suggests internet search result will be placed in order of the order of the most relevant to the search query. The first item on the ranking should be the most relevant and then as the list goes down they are less related to the topic being searched for.

8 0
3 years ago
On January 1, 2020, Blue Inc. issued stock options for 290,000 shares to a division manager. The options have an estimated fair
nasty-shy [4]

Answer: $1,305,000

Explanation:

Blue initially estimated that the goal would not be achieved so had not catered for the expense in the case that it would.

In 2022, when Blue estimates that the target will be reached, they will have to account for the expenses for the three years for the option because the options value is to be amortized over the period in question which is 4 years.

Options value = 290,000 * 6

= $1,740,000

Over 4 years:

= 1,740,000 / 4

= $435,000

Over the three years:

= 435,000 * 3

= $1,305,000

<em>Expenses will increase by 1,305,000 for the year. </em>

4 0
3 years ago
The Savings and Loan Crisis in the 1980s was a result of the cost of the military. the federal budget surplus. the number of new
blagie [28]

Answer: the number of failing banks.

Explanation:

The Savings and Loan Crisis lasted from the 1980s to the 1990s and saw the failure of 1,043 Savings and Loan associations (S&Ls). These small "banks" accept deposits and use them to create loans for their members.

The problem with these S&Ls was that they were making losses on the loans they gave out and instead of getting out of business, they engaged in speculative trading to offset their gains and lost even more money leading to the government closing them down.

8 0
3 years ago
Read 2 more answers
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