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3 years ago

Which of the following is a list of private goods only?

Business

1 answer:

Tamiku [17]3 years ago

8 0

Answer:

C) a watermelon, a chair, and a pencil is a list of private goods only.

Explanation:

In Economics, private goods are goods that need to be purchased for consumption, and if an individual is consuming it, then the other individuals cannot consume it. These goods are also considered as excludable which means that if a user has bought it, he/she can prohibit its use from the public through ownership rights. The owner could be an individual or a group of individuals.

By applying the above definition, it is clear that C is the only alternative that consists of private goods only, that is, A watermelon, a chair, and a pencil.

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In producing product AA, 6,300 pounds of direct materials were used at a cost of $1.10 per pound. The standard was 6,000 pounds

abruzzese [7]

Answer:

300 A

Explanation:

(SQ - AQ) SP

(6000 - 6300)1

300 A

It means that actual quantity produced is worse than expected quantity.

5 0

3 years ago

Knowing that you are buying one pound of bread is part of _____. contract enforcement property rights standards for weights and

SSSSS [86.1K]

Knowing that you are buying one pound of bread is part of your rights as a buyer in the market. Because first and foremost, you give out your money and you are buying every crumble of the bread, meaning you already owned it.

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3 years ago

Read 2 more answers

Ashley is considering the purchase of a stock that has just paid a dividend of $0.72, today. The dividend is expected to grow at

arlik [135]

Answer:

$10.28

Explanation:

Step 1. Firstly we use the of the The dividend discount model (DDM)

This calculation is: D1 = D0 x (1 + g)

D1 = $0.72 x (1 + 2.8%) = $0.74.

Where

Do = Dividend now

D1 = Dividend in year 1

g = growth

Step 2 Next, using the Gordon Growth Model,

Price per share is found to be D(1) / (r - g)

Price = $0.74 / ( 10% - 2.8%) = $10.28

where:

Do = Dividend now

D1 = Dividend in year 1

g = growth

r = required return

7 0

3 years ago

Following a phone call addressing a customer problem, what should you do? O Remove the customer from your mailing list. O Report

kakasveta [241]

Answer: Follow up with a letter that documents the call and promotes goodwill.

Explanation: The given case, belongs to the public relations concept under which the company tries to interact better with their customers, so that the customers enjoy a healthy experience and the image of the company remains positive.

The proper way to address a complaint call is to follow up by giving a letter stating the explanation apologies, excuses shall not be mentioned and assurance should be provided that such action would not be taken in future.

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3 years ago

Choose 3 to 4 companies or organizations to review their policies. How do they differ and how might they be the same. Submit the

Angelina_Jolie [31]

Apple
Starbucks
Godrej industries

Explanation:

Policies of Apple:

Innovation: Apple has given more than what we have expected.
Integrity: Apple has stayed true to itself and doesn't copy.
Originality: The reinvention of features has made Apple stand out.

Policies of Starbucks:

Expand its stores in the US and internationally by franchising/licensing.
Designing stores that convey Starbucks image and brand.
Expand product offerings beyond its retail stores& enter new markets.

Policies of Godrej Industries:

Godrej industries aims to provide innovation and quality products.
Commited not only to consumers but also society and environment.
Excellent standards of ethical behaviour.

3 0

3 years ago