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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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The z for $60.00 = -2.2

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6 0
3 years ago
According to climate data recorded since 1884, the average annual snowfall in philadelphia is 22.3 inches. this value is an exam
Anvisha [2.4K]

Since 1884, climate records have been kept, and they show that Philadelphia experiences an average yearly snowfall of 22.3 inches. An illustration of descriptive statistics is this value.

<h3>What is descriptive statistics in statistics?</h3>

The fundamental characteristics of a dataset identified in a particular study are described, illustrated, and summarized using descriptive statistics. The summary provides details on the data sample and its measurements. Analysts will understand the data more readily as a result.

<h3>What can we conclude from descriptive statistics?</h3>

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6 0
1 year ago
In a world with no taxes, MM show that a firm's capital structure does not affect the firm's value. However, when taxes are cons
faltersainse [42]

Answer:

True

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In the case where there is tax, the value of a company with debt is greater than that of the same company without debt for the same level of income.

3 0
3 years ago
When airbnb customers in malibu start paying hotel taxes, this will have the potential to raise the equilibrium price in this ma
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When airbnb customers in malibu start paying hotel taxes, this will have the potential to raise the equilibrium price in this market and, therefore, decrease efficiency.   The equilibrium price refers to the market price when the quantity of goods and services supplied is equal to the demand of the goods and services. If equilibrium price rises, efficiency decreases due to the market not being equal with the supply and demand of items.
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Olympia Autos Inc. merged with its competitor Vaca Autos Inc. This allowed Olympia Autos to use its technological competencies a
zlopas [31]

Answer:

Olympia Autos Inc. and Vaca Autos Inc.

This merger scenario illustrates the power of synergy.

Explanation:

Synergy is achieved with Olympia Autos Inc that has technological competencies, merging with Vaca Autos' marketing capacities.  This enable the two entities to achieve more as one than they could have achieved individually.   By capturing a larger market share, the two entities have shown that the combination of resources in pursuit of some common objectives is more beneficial than separate efforts.

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