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3 years ago

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Which of the following is a common role of government in a” market economy? a. Provide public goods b. Own the factors of produc

tion C. Prevent competition d. Encourage central planning

1 answer:

lozanna [386]3 years ago

4 0

It is A. Provide public goods
Hope this helps!

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The debits to Work in ProcessâAssembly Department for April, together with data concerning production, are as follows: April 1,

sergey [27]

Answer: c. $2.89 per unit

Explanation:

Using the First-In, First-Out method, we need to find the equivalent units first:

= Equivalent opening units + Units started and completed + Equivalent ending units

= (Opening units left to be completed) + (Units completed - opening units) + (proportion of closing units completed with respect to conversion)

= (3,000 * (1 - 40%)) + (12,000 - 3,000) + (1,000 * 40%)

= 11,200 units

Conversion costs = 32,363

Conversion cost per units:

= 32,363 / 11,200 units

= $2.89 per unit

4 0

3 years ago

If demand increases and supply stays the same, price will be………

Ivenika [448]

Answer:

If demand increases and supply remains unchanged, a shortage occurs, leading to a higher equilibrium price.

Explanation:

If demand increases and supply remains unchanged, a shortage occurs, leading to a higher equilibrium price. If demand decreases and supply remains unchanged, a surplus occurs, leading to a lower equilibrium price. If demand remains unchanged and supply increases, a surplus occurs, leading to a lower equilibrium price.

7 0

3 years ago

Read 2 more answers

Bank A offers to lend you $10,000 at a nominal rate of 6%, simple interest, with interest paid monthly. Bank B offers to lend yo

Levart [38]

Answer:

Bank A charges $600 annually while Bank B charges $700 annually

Explanation:

I = PRT/100

Bank A

P=$10,000, R=6%, T=1month=1/12 year

I = (10,000×6)/(12×100) = $50 monthly = $600 annually ($50×12 = $600)

Bank B

P=$10,000, R=7%, T=1year

I = (10,000×7)/100 = $700 annually

8 0

3 years ago

Read 2 more answers

Klingon Widgets, Inc., purchased new cloaking machinery four years ago for $8 million. The machinery can be sold to the Romulans

gayaneshka [121]

Answer:

Net working capital = Current assets - Current liabilities

$219,000 = Current assets - $760,000

Current assets = $219,000 + $760,000

Current assets = $979,000

1. Total assets = Current assets + Net fixed assets

Total assets = $979,000 + $6,000,000

Total assets = $6,979,000

So, the book value of Klingonâs total assets today is $6,979,000.

2. Sum of net working capital and the market value of fixed assets:

= Market value of current assets + Market value of fixed assets

= $1,010,000 + $7,300,000

= $8,310,000

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3 years ago

Standard deviation and beta both measure risk, but they are different in that beta measures

Firdavs [7]

Answer:

b) only systematic risk, while standard deviation is a measure of total risk.

Explanation:

<em>Standard deviation</em><em> is measure of the total risks of an investment. It measures the volatility in return of an investment as a result of both systematic and non-systematic risks. Non-systematic risk includes risk that are unique to a company like poor management, legal suit against the company .</em>

<em>Beta</em><em> on the hand measures of only systematic risk. Systematic risk is the deviation of return of an investment form the average market return due to economic-wide factors like inflation, interest rate, exchange rate e.t.c</em>

b. only systematic risk, while standard deviation is a measure of total risk.

4 0

3 years ago