Answer:
Allocative Efficiency
Explanation:
Allocative efficiency takes place when the consumer's preference towards a particular good is the most which are measured by their willingness to pay to get it. This leads to achieving the optimum distribution.
In the given scenario, allocative efficiency is violated as Miami Heat is going to sign their desired product i.e. LeBron James who is a star player but they were not willing to pay the maximum to get him and rather got him anyway. Thus, the optimal distribution is not achieved.
Answer:
$52.08
Explanation:
The computation of the value of the stock is shown below:
Year Dividend Present value factor at 12.9% Present value
1 $2.95 0.886 2.6137
2 $3.10 0.784 2.4304
$60 0.784 47.04
Total present value $52.08
The present value factor is computed below:
= 1 ÷ (1 + rate) ^ years
For Year 1 = 1 ÷ 1.129^1 = 0.886
For Year 2 = 1 ÷ 1.129^2 = 0.784
Answer:
Part A) An expansion in government spending squeezes the local cash to acknowledge, prompting current record decay and to an abatement in utilization through a universal hazard sharing condition. An ascent in government spending causes an exchange shortfall, a genuine devaluation of the local money, and an expansion in utilization.
Part B) After an expansion in government spending of 1 percent of GDP, the genuine swapping scale increases in value by more than 3 percent on sway and by up to 5 percent two years after the stun. The impact on the conversion scale is generally articulated in nations with an adaptable swapping scale.
An ascent in government spending actuates a genuine conversion scale devaluation and an exchange balance shortage.
Part C) A lessening in outside interest prompts a decline in yield and to an exchange shortfall . An expansion in local interest prompts an increase in local yield, yet drives additionally to a decay of the exchange balance.
Answer:
Profit = $42,000
Explanation:
Given:
House price = $350,000
Additional price = $5,000
Garage value = $25,000
Selling price = $450,000
Selling cost = $28,000
Total cost of the Assets
Purchase Home $350,000
Add: Additional Purchase $5,000
<u>Add: Purchase of Garage $25,000</u>
Total cost of the Assets $380,000
Profit = Sale Price - (Cost Price + Selling Cost)
Profit = $450,000 - ( $380,000 + $28,000)
Profit = $450,000 - $408,000
Profit = $42,000