1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MrRissso [65]
3 years ago
14

If there is a lack of competition in a market, a market failure results because the quantity of goods sold is ___ than the optim

al level while prices are ___ than the optimal level.
Business
1 answer:
scoundrel [369]3 years ago
8 0
Goods sold is lower because less competition and then they price it higher because consumers don't have options. 
You might be interested in
Duane and Evan orally agree to a transfer of forty acres of farmland. Evan asks Finance Bank to lend him the funds to buy the la
harina [27]

Answer:

a. Finance Bank

Explanation:

According to Statute of Fraud, the agreement must be in writing to be within the statute and enforceable.  The oral contracts are usually enforceable but the transfer of land needs to be in writing to be enforceable according to law of Statute of Fraud. If the contract is in writing it would be adequate to be enforceable. While the contract with bank must have some written form which will make it enforceable contract by the finance bank.

8 0
3 years ago
Read 2 more answers
Exercise 13-17 Swifty Company has been operating for several years, and on December 31, 2017, presented the following balance sh
mixer [17]

Answer:

(a) Current ratio = 2.746

(b) Acid-test ratio = 1.423

(c) Debt to assets ratio = 47.48%  

(d) Return on assets = 6.15%

Explanation:

For Balance Sheet, pleased see attached file.

Current Ratio = Current Asset / Current Liabilities

Current Ratio = 212,800 / 77,500

Current Ratio = 2.746

Acid-Test Ratio = (Current Assets – Inventories) / Current Liabilities

Acid-Test Ratio = (212,800 – 102,500) / 77,500

Acid-Test Ratio = 1.423

Debt to Asset ratio = (Total Liabilities / Total Assets)*100

Debt to Asset ratio = (205,500 / 432,800)*100

Debt to Asset ratio = 47.48%

ROA = (Net Income / Total Assets)*100

ROA = (26,600 / 432,800)*100

ROA = 6.15%

The Current Ratio is a liquidity measure that shows the ratio between current asset and current liabilities. It tells how many dollars of the current asset are per dollar of current debts, that gives an idea of the company`s ability to perform its debts.    

The Quick Ratio is also a liquidity indicator, but using its most liquid assets, to pay its current liabilities at maturity. The inventory, although it is a current asset, is not considered, since it cannot be converted into cash in a very short term.

The difference between the Quick Ratio and the Current Ratio, implies that while both are measures of the company's ability to pay its debts, the quick ratio also tells how much the company depends on its inventory to get that objective.

The Debt to Assets ratio is a financial ratio that shows how much of a company assets is owed to its creditors.  

ROA is a financial indicator that gives an idea as to how efficient a company's management is at using its assets to generate earnings, by determining how profitable a company is relative to its total assets.

6 0
3 years ago
What is the purpose of cost accounting iss?
vitfil [10]

The main purpose of cost accounting is to find out the cost of the various processes in the business so that selling prices can be fixed appropriately.

<h3>What is cost accounting?</h3>

This is an accounting method that allows companies to find out the cost of various processes and transactions they embark on.

Knowing these costs will enable the company to know the price it can charge on goods so that it can recoup these costs and make profits.

Find out more on cost accounting at brainly.com/question/24516871.

#SPJ12

3 0
1 year ago
You manage an equity fund with an expected risk premium of 10.2% and a standard deviation of 16%. The rate on Treasury bills is
Inga [223]

Answer:

idk

Explanation:

6 0
3 years ago
Can someone help pick 1, 2,or 3 ?
ollegr [7]

Answer:

2no I think you are confused so

8 0
2 years ago
Other questions:
  • Calvert Corporation expects an EBIT of $25,300 every year forever. The company currently has no debt, and its cost of equity is
    11·1 answer
  • Causes of child labor
    6·2 answers
  • Savickas Petroleum's stock has a required return of 12%, and the stock sells for $43 per share. The firm just paid a dividend of
    8·2 answers
  • Ali is working with a company that makes custom-designed shoes for its customers. The customers have accepted the product concep
    5·1 answer
  • Consider the following three companies and their strategies.• Company A is an established database management company that acqui
    7·1 answer
  • In times of falling prices, choosing LIFO over FIFO as an inventory cost method would affect the financial statements as follows
    13·1 answer
  • Jetson Spacecraft Corp. shows the following information on its 2009 income statement: sales = $201,000; costs = $97,000; other e
    13·1 answer
  • A truck acquired at a cost of $80,000 has an estimated residual value of $8,000, has an estimated useful life of 200,000 miles,
    13·1 answer
  • A simple random sample of 60 items resulted in a sample mean of 76. The population standard deviation is 14.
    15·1 answer
  • The first decision you make involves your choice of employment. Which job did you choose? why?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!