The governmental action which would eliminate some or all of the inefficiencies that results from monopoly pricing is; Choice B; Prohibiting the monopoly from price discrimination.
Discussion:
Price discrimination is a microeconomic pricing strategy where identical or largely similar goods or services are sold at different prices by the same provider(monopoly) in different markets.
In essence, when the government prohibits the monopoly from price discriminating, some of the inefficiencies of monopoly are eliminated.
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Answer:
Explanation:
The time (T) = 6 months = 6/12 years = 0.5 years
Interest rate (r) = 6% = 0.06
The stock is priced [S(0)] = $36.50
The price the stock sells at 6 months (
) = $3.20
European call (K) = $35
The price (P) is given by:
The price of a 6-month, $35.00 strike put option is $1.65
Answer:
c. Work in Process (Debit) 23,000
Factory Overhead (Credit) 23,000
Explanation:
This would be the journal entry to record the factory overhead applied to production.
Answer:
Question 1: The most correct option is option D, which is 0.0133
Question 2: Her data is a random sample from the population of interest.
Explanation: For the first question;
Standard error I the error in the standard deviation. To calculate standard error the formula is used.
S.E = Sd/√n
S.E = standard error
Sd= standard deviation = 0.2
n = number of occurrence = 180
The proportion of the regular users of vitamin among the 180 people is the standard deviation between them.
Using equation above.
S.E = 0.20 ÷ √180 =
0.20 ÷ 13.42 = 0.0149
S.E is 0.0149, when compared to the options, the most correct option is 0.0133, because the question states the answer to be approximately to which of the option.
QUESTION2:
Her research will have much error, because she chooses the car to count. Therefore the research procedure has not satisfied the process that will produce an accurate result. Since she has choosed the street to be her population of interest, all the cars in the street should be counted.
This is not a randomized controlled research, so selection of cars to count is not necessary.
NWC = 1,410 = Current Assets – Current Liabilities = CA - 5,810
=> CA = 1,410 + 5810 = 7,220
Current Ratio = Current Assets/Current Liabilities
= 7,220/ 5,810 = 1.24
Quick Ratio = (Current Assets – Inventory) / Current Liabilities
= (7,220 – 1,315)/ 5,810 = 1.02
Current ratio is 1.67
Quick ratio = 0.88
In general, an appropriate current ratio is one that is comparable to the industry norm or just a little bit higher. The likelihood of distress or default may be increased by a current ratio that is lower than the industry average.
In a similar vein, if a company's current ratio is significantly higher than that of its peer group, it suggests that management might not be making the most use of its resources.
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