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3 years ago

Who receives the good or service from first come, first served. for econmics

Business

1 answer:

Jlenok [28]3 years ago

7 0

Answer:

This method of allocation, called first come, first served, is often used to distribute cheap tickets to rock concerts, sporting events, movies, and many other events. The first come, first served method does a fairly good job of allocating tickets to the people who want to see the show the most.

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Juan is always researching different investment options. A few weeks ago he noticed some nice homes for sale in his neighborhood

lesya692 [45]

Answer: The market will experience more demand and the prices of goods will rise up.

Explanation: According to a law, the higher the demand , there is a corresponding increase in the price. As a result of the lower interest rate of mortgage loans, more people have access to loan which leads to an astronomical increase in the number of house owners. Market experience more demand and therefore the prices of housing will rise up. It’s only obeying the law of demand and supply which states that the greater the demand, the higher the price.

7 0

3 years ago

Read 2 more answers

Sheridan Company has recently tried to improve its analysis for its manufacturing process. Units started into production equaled

klemol [59]

Answer: $3.40

Explanation:

Based on the information given in the question, the materials cost per unit will be calculated thus:

First, we'll calculate the completed units which will be:

= 18500 - 1400

= 17100

Ending inventory = 1400 units

Equivalent Production Unit with respect to Material = (17100 x 100%) + (1400 x 100%)

= 18500 Units

Material Cost Per Unit will be:

= Total Material Cost / Equivalent Production Unit

= $62900 / 18500

= $3.40 per unit

The material cost per unit is $3.40

7 0

3 years ago

During regular economic times in Canada, the maximum length of time a worker can collect employment insurance is 26 weeks. Durin

DochEvi [55]

Answer:

a) encourage people to search longer for a job.

c) prolong the amount of time a person stays out of work.

d) increase the number of workers looking for work.

Explanation:

7 0

3 years ago

ou wish to retire in 20 years, at which time you want to have accumulated enough money to receive an annual annuity of $32,000 f

AleksAgata [21]

Answer:

Annual contributions to the retirement fund will be $6,347.31

Explanation:

First find the Present Value of the Annuity giving payments of $32,000 annually for 25 years at the rate of 10%.

Using a Financial Calculator enter the following data

PMT = $32,000

P/y = 1

N = 25

R = 10%

FV = 0

Thus, the Present Value, PV is $290,465.28

At the time of retirement (in 20 years time) the Value of the annuity fund is $290,465.28.

Next we need to find the Payments PMT to reach this amount in 20 years time at the interest rate of 8%

Using a Financial Calculator enter the following data

FV = $290,465.28

N = 20

R = 8 %

PV = $0

Thus, the Payments, PMT required will be $6,347.3080

Conclusion :

Annual contributions to the retirement fund will be $6,347.31

3 0

4 years ago

Perit Industries has $210,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternat

goblinko [34]

Answer:

npv = $92,531.34

NPV = -$13,206.90

Project A should be chosen because it has a higher NPV

Explanation:

Here is the full question :

Perit Industries has $210,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are: Project A Project B Cost of equipment required $210,000 $0 Working capital investment required $0 $210,000 Annual cash inflows $30,000 $52,000 Salvage value of equipment in six years $9,100 $0 Life of the project 6 years 6 years The working capital needed for project B will be released at the end of six years for investment elsewhere. Perit Industries’ discount rate is 15%. Click here to view Exhibit 11B-1 and Exhibit 11B-2, to determine the appropriate discount factor(s) using tables. Required: a. Calculate net present value for each project. (Any cash outflows should be indicated by a minus sign. Use the appropriate table to determine the discount factor(s).) b. Which investment alternative (if either) would you recommend that the company accept? Project B Project A

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Project A

Cash flow in year 0 = $-210,000

Cash flow each year from year 1 to 5 = $30,000

Cash flow in year 6 = $30,000 + $9100 = $39,100

I = 15%

npv = $92,531.34

Project B

Cash flow in year 0 = $-210,000

Cash flow each year from year 1 to 6 = $52,000

I = 15%

NPV = -$13,206.90

Project A should be chosen because it has a higher NPV

7 0

3 years ago