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Rashid [163]
3 years ago
15

Asymmetric information in a market transaction occurs when there is unequal knowledge possessed by the multiple choice seller an

d the government. Buyer and the government. Buyer and the seller. Taxpayer and the government.
Business
1 answer:
kirza4 [7]3 years ago
4 0

Asymmetric information in a market transaction occurs when there is unequal knowledge possessed by the <u>"buyer and seller".</u>


Asymmetric information, otherwise called information failure, happens when one gathering to a financial exchange has more noteworthy material learning than the other party. This regularly shows when the merchant of a decent or benefit has more noteworthy learning than the purchaser, despite the fact that the turn around is conceivable. All economic exchanges include data asymmetries.  

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Megan's salary for three consecutive years, along with other values, are presented in the table below.Year
garik1379 [7]

Answer:

242.65

Explanation:

Data provided in the question:

year                                       2011          2012          2013

Salary                                 $65,000   $72,000    $76,000

Consumer Price Index          226           230            235

Real Interest Rate                 2.5%          2.7%           1.8%

Nominal interest rate for 2013 = 7.3%

Now,

Rate of inflation for 2013 = Nominal rate - Real rate

= 7.3% - 1.8%

= 5.5%

Therefore,

CPI in 2013 = Consumer Price Index in 2012 × (1 + inflation )

= 230 × ( 1 + 0.055 )

= 242.65

3 0
3 years ago
What can be defined as an information technology environment?
alisha [4.7K]
C. The tools and processes that surround us to gather and interpret data can be defined as an information technology environment. 
Our environment is what surrounds us - so if the environment is technological, then different types of technologies and tools are what fall under that category.
6 0
3 years ago
Read 2 more answers
Insurance can help you: evefi
leva [86]

Insurance can definitely help you in case of an emergency.

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8 0
3 years ago
Champagne of the​ South, Inc., a manufacturer of bottled sweet​ tea, had the following beginning and ending inventories for the
nekit [7.7K]

Answer:

total manufacturing cost added for the period 105,169

Cost of goods manufactured 106,064

Cost of goods sold 110,564

Explanation:

First, we need to know the amount of direct materials used in production.

beginning raw materials 10,000

purchase                         27,000

ending                               (1,702)

indirect materials          <u>    (2,129)  </u>

direct materials                33,169

now, we calculate the cost added during the period

direct materials    33,169

direct labors         30,000

overhead              42,000

total cost added 105,169

next step, we calculate the cost of goods manufactured from the WIP

WIP                     17,895

added               105,169

WIP ending    <u>   (17,000)  </u>

COGM             106,064

And last, the cost of goods sold

beginning finished goods  21,000

COGM                                106,064

ending finished goods    <u>  (16,500)  </u>

          COGS                      110,564

6 0
3 years ago
An example of global outsourcing is seen when gap, inc uses low-cost caribbean labor to cheaply produce its clothing, and then f
antoniya [11.8K]
<span>This is true- it is an example of global outsourcing. Global outsourcing is when a company sends jobs to locations across the globe, where they can get away with hiring more workers and paying them less than they would have to in America. They take advantage of the lack of labor laws and human rights.</span>
6 0
3 years ago
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