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lana [24]
3 years ago
13

The term "market failure" a. refers to the dissolution of a market when firms decide to quit producing a certain product. b. ref

ers to government's failure to enforce the property rights of households or firms that participate in a certain market. c. refers to the failure of a market to produce an efficient allocation of resources. d. means the same thing as "market power."
Business
1 answer:
gulaghasi [49]3 years ago
7 0

Answer:

c. refers to the failure of a market to produce an efficient allocation of resources.

Explanation:

Market failure occurs when distribution of goods and services in a market is not efficient. This leads to low incentive for rational behaviour.

Individuals make decisions that will benefits themselves alone while the group suffers. This results in disequilibrium where the quantity supplied does not equate to amount demanded.

Market failure can be solved by using methods like government imposed solutions or voluntary collective actions.

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It costs Garner Company $12 of variable and $5 of fixedcosts to produce one bathroom scale which normally sells for $35. Aforeig
Anettt [7]

Answer:

D. $4,000 increase

Explanation:

Net Income = Sales revenue - Variable costs - Special costs (for executing this order)

15 X 3,000 - 12 X 3,000 - 1 X 3,000

Or, Net Income = 30,000 - 24,000 - 2,000

Or, Net Income = 4,000

Thus, option D is the correct answer.

4 0
3 years ago
Communication may account for as much as____ of a hiring decision.
Serggg [28]
The answer is A
I hope this helps
7 0
2 years ago
Read 2 more answers
Association Rule Analysis is the statistical technique typically used to conduct market basket analysis.
geniusboy [140]

Answer:

The correct answer is B) it eliminates all the unpopular items for the analysis to save time (and computing power).

Explanation:

Taking into account that the analysis of the association rule takes into account a group of products that are sold for being complementary or that are sold from the purchase of others without being complementary, in a retail business it will be relevant to consider the popularity of products to determine behavior or pattern. In this sense, the "a priori" algorithm determines a previous situation that is not taken into account to study similar behaviors between products.

5 0
2 years ago
Gabriele Enterprises has bonds on the market making annual payments, with eleven years to maturity, a par value of $1,000, and s
Angelina_Jolie [31]

Coupon rate on the bonds can be calculated in the following way.

Explanation:

To find the coupon rate of the bond. All we need to do is to set up the bond pricing equation and solve for the coupon payment as follows:

 

P = $958 = C(PVIFA₆.₄₀%,11) + $1,000(PVIF₆.₄₀%,11)

 

Solving for the coupon payment, we get:

C = $58.57

 

The coupon payment is the coupon rate times par value. Using this relationship, we get:

Coupon rate = $58.57/$1,000

Coupon rate = .0586, or 5.86%

 

Calculator Solution:

Enter                 11              6.40          ±$958                             $1000

                         N               l/Y              PV                  PMT         FV

                                                                                   $58.57

Coupon rate = $58.57/$1,000

Coupon rate = .0586, or 5.86%

7 0
3 years ago
Define working capital. How is working capital computed?
Phoenix [80]

Working capital is calculated by subtracting current liabilities from current assets shown on a company's balance sheet. Current assets include cash, accounts receivable and inventories. Current liabilities include accounts payable, taxes, wages and accrued interest.

Working capital is calculated by subtracting current assets from a company's current liabilities. For example, if a company has current assets of $100,000 and current liabilities of $80,000, its working capital is $20,000.

To calculate the working capital requirement, the following formula can be used: Working Capital (WC) = Current Assets (CA) – Current Assets (CL).

Learn more about working capital here:brainly.com/question/19804046
#SPJ4

8 0
1 year ago
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