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goldfiish [28.3K]
3 years ago
5

Suppose that Firms A and B each produce high-resolution computer monitors, but Firm A can do so at a lower cost. Cassie and Davi

d each want to purchase a high-resolution computer monitor, but David is willing to pay more than Cassie. If Firm A produces a monitor that Cassie buys but David does not, then the market outcome illustrates which of the following principles? (i) Free markets allocate the supply of goods to the buyers who value them most highly, as measured by their willingness to pay. (ii) Free markets allocate the demand for goods to the sellers who can produce them at the least cost. a. (i) only b. (ii) only c. both (i) and (ii) d. neither (i) nor (ii)
Business
1 answer:
Crank3 years ago
8 0

Answer: b. (i) only

Explanation:

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Vlad1618 [11]

Answer:

c. 10.38%

Explanation:

Loan Amount = $10,000

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Interest Payment for the year = $250 x 4

Interest Payment for the year = $1,000

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Nominal interest rate = r = 10%

Number of periods = m = 4

Effective Interest rate = [ ( 1 + r/m )^m]-1

Effective Interest rate = [ ( 1 + 0.1/4 )^4] -

Effective Interest rate = [ ( 1 + 0.025 )^4] -1

Effective Interest rate = 10.38%

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3 years ago
Example of demand in economics.
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An agreement to purchase goods and services with a specified percentage of proceeds from an original sale in that country from a
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B)an offset.

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Price is the _____________ a consumer is willing to make to acquire a specific product or service.
vfiekz [6]

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Overall sacrifice

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A college student has a new job, and must balance classes and commute times to work. the student takes two weeks to drive from c
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A dependent variable is the thing that you measure in the analysis and what is influenced amid the investigation. The dependent variable reacts to the independent variable. It is called dependent since it "depends" on the independent variable. In a logical trial, you can't have a dependent variable without an independent variable.

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