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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.

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.

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Negacho, a food and beverage company, introduced a new flavor of potato chips called South Indian Chillis. It received a positiv

Genrish500 [490]

Answer:

Inflow of innovation

Explanation:

Negacho introduced its new flavoured chips and received positive response. This shows that the market is open to adopting new innovative products

This is what prompted Brex Mex to introduce their own flavored potato chips.

Basically the market is favorable to introduction of new ideas and products.

8 0

2 years ago

Dave Ryan is the CEO of Ryan's Arcade. At the end of its accounting period, December 31, Ryan's Arcade has assets of $632,000 an

o-na [289]

Answer:

a) Stockholders' equity = $411,690

b) Stockholders' equity = $477,930

Explanation:

Accounting equation is defined as Assets = Liabilities + Equity.

a) If t the end of its accounting period, December 31, Ryan's Arcade has assets of $632,000 and liabilities of $220,310, the Stockholders' equity as of December 31 of the current year would be determined as follows:

$632,000 = $220,310 + Equity

Stockholders' equity = $632,000 - $220,310

Stockholders' equity = $411,690

b) If assets increased by $84,040 and liabilities increased by $17,800 during the next year, then Stockholders' equity would be determined as follows:

$632,000 + $84,040 = $220,310 + $17,800 + Equity

$716,040 = $238,110 + Equity

Stockholders' equity = $477,930

8 0

2 years ago

WHICH OF THE FOLLOWING WILL CAUSE NO CHANGE IN PRODUCER SURPLUS? A) IMPOSITION OF A NON BINDING PRICE CEILING IN THE MARKET. B)

Svetllana [295]

The answer is A. Imposition of a non binding price ceiling in the market

Price Ceiling is when a government impose a price limit over a specific product

Non-Binding Price ceiling is if that price limit that imposed to the product is still <em><u>higher than market equilibrium ,</u></em> which won't do anything to producer's surplus

5 0

2 years ago

A client is admitted to the hospital with a diagnosis of lower extremity arterial disease (LEAD) A client with heart disease has

AlekseyPX

Answer:

Blood enters the right atrium via the superior and inferior vena cava, flows to the right ventricle and then into the lungs, returns from the lungs to the left atrium and left ventricle, and exits out the aorta

Explanation:

The blood stream will flow to the right artium through the vena cava and moves to the right ventricle as well as the lungs. The blood is then returned back to the left atrium and ventricle from the lungs. It later flows out through the aorta. That is the sequence of flow of the blood streams to and from the lungs.

6 0

2 years ago

The accumulated depreciation account is a permanent account. <br> a. True <br> b. False

aleksley [76]

Depreciation Expense is a temporary account since it is an income statement account.
Therefore, the answer is
b . False

4 0

2 years ago

Read 2 more answers