Answer: D) buyers would scramble to get all available widgets.
Explanation:
The law of demand states that more quantity is demanded at a lower price, therefore if producers move prices from P3 to P1  there would be an increase in quantity of widgets demanded. Buyers would scramble to get all available widgets wich will create a shortage in the market
 
        
                    
             
        
        
        
Answer: A. When the number of interested parties is large and bargaining costs are high.
Explanation:
The Coase Theorem is a legal and economical theory used to describe competitive markets. When the competitive markets are high, bargaining costs are high because each company is is fighting for use of the production and distribution channels. There are efficient input and output levels in a competitive market. 
 
        
             
        
        
        
Answer:
a tradeoff.
Explanation:
Because wants are unlimited and the resources available to satisfy these wants are limited, economic agents must undergo tradeoff
Tradeoff is the opportunity cost of taking a particular decision 
Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives
Samira's opportunity cost is missing out of the scholarship opportunity
to help in making tradeoff, the scale of preference should be constructed. the scale of preference orders the choices available to an economic agent in terms of importance
 
        
             
        
        
        
Answer:
9.9702%
Explanation:
After-tax cost of debt=12*(1-tax rate)
= 12* (1-0.4) =7.2%
WACC=Respective cost*Respective weight
=(7.2×0.45)+(10.41×0.04)+(12.38×0.51)
=9.9702%
 
        
                    
             
        
        
        
Answer:
$60,000
Explanation:
The amount of overheads which shall be allocated to the three projects shall be determined using the following mentioned formula:
Overhead amount=overhead rate* direct labor costs
In the given question
overhead rate=60%
direct labor costs=$100,000
Overhead amount=60%*100,000
                               =$60,000