The situation where one person's demand for a good depends on the consumption of the good by others is called a

Which of the following is widely accepted as a method of payment?

Alenkasestr [34]

Answer:

C

Explanation:

which is a legal tender and it's generally acceptable

7 0

3 years ago

Read 2 more answers

Required:

olga55 [171]

Answer:

Find below the variables missing from the question:

Selected sales and operating data for three divisions of different structural engineering firms are given as follows :

Division A Division B Division C

Sales $5,800,000 $9,800,000 $8,900,000

Average operating assets $1,450,000 $4,900,000 $2,225,000

Net operating income $284,200 $872,200 $191,350

Minimum required rate of return 18.00% 17.80% 15.00%

On the basis on return on investment Division A is preferred

On the basis of residual income Division A is also preferred

Explanation:

Return on investment is the net operating income compared to the average operating assets in the year:

Division A return on investment=$284,200/$1,450,000=19.6%

Division B return on investment=$872,200/$4,900,000=17.8%

Division C return on investment=$191,350/$2,225,000 =8.60%

Residual income=net operating income-(required rate of return*average operating assets

Division A residual income=$284,200-(18%*$1,450,000)=$23200

Division B residual income=$872,200-(17.80%*$4,900,000)=$0

Division C residual income=$191,350-(15%*$2,225,000)=$=$191,350-(15%*$2,225,000)

4 0

3 years ago

Sacha purchased land in 2010 for $35,000 that she held as a capital asset. This year, she contributed the land to the Boy Scouts

WINSTONCH [101]

Answer:

maximum deductible contribution this year = $27000

so correct option is B) $27,000

Explanation:

given data

capital asset = $35000

market value of the land = $40,000

gross income = $90,000

to find out

maximum deductible contribution this year

solution

we get here maximum deductible contribution this year that is express as

maximum deductible contribution this year = Adjusted gross income × capital gain property ...............1

Limit on capital gain property is 30%

maximum deductible contribution this year = $90,000 × 30%

maximum deductible contribution this year = $27000

so correct option is B) $27,000

8 0

3 years ago

A baseball fan with a Mike Trout baseball card wants to trade it for a Giancarlo Stanton baseball card, but everyone the fan kn

weeeeeb [17]

Answer:

The correct answer is option A.

Explanation:

The double coincidence of wants or coincidence of wants refers to the situation where two parties possess items that the other one wants so they exchange it directly without using money.

Here, a fan possesses a Mike Trout baseball card who wants to trade it for a Giancarlo Stanton baseball card but he does not know anyone who wants a Trout card and possesses a Stanton card.

Simply put, the fan doesn't know anyone who possesses the item he wants and is willing to trade it for the item he possesses. This is an example of failure in the double coincidence of wants.

3 0

3 years ago

Finding dominant strategies is often a very way of analyzing a game. Consider the following game: Microsoft and Apple are the tw

STALIN [3.7K]

Answer: Option A -- Choosing low is a weakly dominant strategy for Apple.

Explanation: Dominant strategy in a game theory can be defined as the course of action that occurs when one strategy/player is better than the other strategy/player regardless of what the other player does or how well the other player may play. dominant strategy is all about a player who has the highest favours in a game. Considering the above matrix, we know that Apple has the dominant strategy. And for apple to choose low is a weakly dominant strategy for it.

7 0

3 years ago