Answer:
See Below
Explanation:
Expected value is the sum of the products of the probability and payoff of each.
<u>Wager 1:</u>
probability of heads and tails, both is 0.5
Win = 440
Loose = 110
So,
Expected Value = 440(0.5) + (-110)(0.5) = 220 - 55 = $165
<u>Wager 2:</u>
Similar to wager 1
Win = 770
Loose = 220
So,
Expected value = 770(0.5) + (-220)(0.5) = 385 - 110 = $275
2nd wager is better, in this sense.
Answer:
The correct answer is option B.
Explanation:
The multiplier shows the increase in total production due to change in expenditure.
The change in total expenditure is always greater than the change in expenditure.
This happens because a change in autonomous expenditure leads to grater change in the induced expenditure
Consequently, the value of multiplier is always greater than 1.
Answer:
the long-run average total cost curve rises
Explanation
Diseconomies of scale is a situation that comes up due to the growth of a business which leads to increase in cost per unit. It is the cost disadvantage a business accrue as a result of increase in output leading to increase in cost per unit in the production of goods and services. When diseconomies of scale occur, as output rises unit cost falls.
If a firm needs to finance a new corporate headquarters building, then it would most likely seek the funds in the <u>capital market</u>.
A capital market is a place where buyers and sellers bask in the trade of economic securities like bonds, shares, and many others. The trading is undertaken by using participants which includes people and establishments. Capital marketplace trades broadly speaking in lengthy-term securities.
The capital market is wherein individuals and companies borrow price ranges using shares, bonds, debentures, debt units, and so on. The maximum common instance is a stock alternate which includes NASDAQ, trading shares from one-of-a-kind businesses among buyers.
Capital markets are crucial due to the fact they finance the economic system, allocate danger, and support economic boom and monetary balance. within the U.S., capital markets fund seventy two% of all monetary activities, in terms of equity and debt financing of non-economic organizations.
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David wants to know if his company’s resources are being used in the best, most productive manner in order to achieve company goals. David wants to know his organization’s efficiency.
<h3>What is the significance of the organization’s efficiency?</h3>
Organizational efficiency of an organization mainly examines and determines how to increase the productivity of an organization by using a specific amount of resources.
Organization’s efficiency plays a very significant role in the smooth and effective operations of the firm as it helps the organization achieving the objectives.
Basically, the efficiency of an organization completely depends on its employees, resources, goals and objectives.
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