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Ilya [14]
3 years ago
5

If a good is both excludable and nonrival in consumption, then it is

Business
1 answer:
creativ13 [48]3 years ago
6 0
If a good is both excludable and nonrival in consumption then it is A CLUB GOOD. A good is excludable when there is restricted access to it. A good is nonrival in consumption when the consumption by one customer does not reduce the amount of that good that can be consumed by another customer. A club good is one that have high quantity available but is meant for certain group of people only, not for everybody.
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Your boss wants you to blog primarily about your company news, its services, and various corporate events. What is your response
vazorg [7]

Answer:

2. "That’s not a good idea. We’re trying to attract new visitors with our posts. These people haven’t yet heard of our company. If we write about ourselves, they won’t find us organically."

Explanation:

As in the question, it is mentioned that the company want the people to know about the company, its services, news, etc

The company want to do the promotion by advertisements, social media so that more and more people could be connected with the company

By writing an interesting posting, the new visitors could be attracted which reflects a good sign for the company.  

If we write about ourselves so there would be no use as our primary purpose is to promote our company so that more and more person get to know about it

6 0
3 years ago
Newman Manufacturing is considering a cash purchase of the stock of Grips Tool. During the year just​ completed, Grips earned ​$
Vlada [557]

Answer:

Explanation:

D0 = $1.88

D1 = 1.88*1.25 = $2.35

D2 = 2.35*1.25 = $2.94

D3 = 2.94*1.25 = $3.67

PV of Dividends:

r = 12%

1/(1.12)  = 0.89

PV of D1 = 2.35/0.89 = $2.64

PV of D2 = 2.94/0.797 = $3.69

PV of D3 = 3.67/0.71 = $5.17

Total PV = $11.5

Value after year 3:

(D3*Growth rate)/(Required rate - growth rate) = $3.67*1.06/(0.12-0.06) = $64.8

Pv of 64.8 is 64.8/(1.12)^3 = $46.3

So, the maximum price per share is 11.5+46.3 = $57.8

6 0
3 years ago
Many economists believe that the market for wheat in the United States is an almost perfectly competitive market. If one firm di
kiruha [24]

Answer:

Many economists believe that the market for wheat in the United States is an almost perfectly competitive market. If one firm discovers a technology that makes its wheat taste better and have fewer calories than all other wheat offered in the market, the wheat market would become less competitive because the products would no longer be similar in the wheat market- Option c.

Explanation:

Option c is the correct answer- the products would no longer be similar in the wheat market, the reason being that people with different taste preferences would prefer either of the two kinds of wheat available in the market, therefore making them less concentrated.

3 0
3 years ago
Read 2 more answers
A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
Sedaia [141]

Answer: $670,400

Explanation:

Period costs are not included in direct production and in this instance include:

  • Variable selling and administrative expense
  • Fixed manufacturing overhead
  • Fixed selling and administrative expense

Period costs = (12,000 * 4) + 406,400 + 216,000

= $670,400

7 0
2 years ago
Star​ Health, Inc. is a fitness center in Oklahoma City. In​ October, the company earned ​$550,000 in revenues and incurred the
Georgia [21]

Answer: $135.66

Explanation:

Given that,

Revenue earned in October = ​$550,000

Number of customers = 300

Operating costs:

Manager's Salary = ​$5,500

Gym Rent = ​1,800

Depreciation Expense long dash Equipment = ​7,000

Office Supplies Expense = ​2,300

Utilities Expense = ​1,600

Trainer's Salary = ​22,500

Therefore,

Unit cost per​ customer = \frac{Sum\ of\ all\ operating\ costs}{no.\ of\ customers}

                                      = \frac{5,500+1,800+7,000+2,300+1,600+22,500}{300}

                                      = $135.66

7 0
3 years ago
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