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puteri [66]
3 years ago
5

Generally it is thought that assignment of property rights leads to efficient use of resources. We noted two cases however (the

Latifundio-minifundio system in Latin America, and tenant farming in Asia) where property rights lead to inefficient use of land. Explain why.
Business
1 answer:
malfutka [58]3 years ago
4 0

Answer:

Explanation:

This could be due a number of factors.

1 Externality effect

2 There could also be market failure, when property rights are not properly defined.

Externality is the effect of a third party on a property right, when all parties cannot come to an agreeable resolution on properties this could lead to inefficient use of land.

Also when the property rights are not put in place its difficult to come to a resolution that satisfies all parties.

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A company sells DVD players for $200 per unit. The players have a unit variable cost of $160. The company estimates that it will
Archy [21]

Answer:

Break-even point= 1,200 DVDs

Explanation:

F<u>irst, we need to calculate the sales proportion:</u>

DVD= 4/5= 0.8

Home entertainment= 1/5= 0.2

<u>Now, we need to calculate the break-even point for the whole company:</u>

Break-even point (units)= Total fixed costs / Weighted average contribution margin

Weighted average contribution margin= (weighted average selling price - weighted average unitary variable cost)

Weighted average contribution margin= (200*0.8 + 600*0.2) - (160*0.8 + 460*0.2)

Weighted average contribution margin= 60

Break-even point (units)= 90,000/60= 1,500

<u>Finally, the number of DVDs:</u>

DVD= 1,500*0.8= 1,200 DVDs

5 0
3 years ago
One example of a primary market transaction would be the: sale of 100 shares of stock by maria to her best friend. purchase by t
Korolek [52]
In the primary market investors buy securities directly from the company issuing them while the secondary market, investors trade securities among themselves, and the company with the security being traded does not participate in the transaction. Therefore, an example of a primary market transaction would be the sale of 1000 shares of newly issued stock by Alt Company to Miquel.
8 0
3 years ago
College president Wally contracts with Alice to teach a business law class. Alice does a fine job teaching, but she has an argum
solong [7]

Answer:

Specific performance

Explanation:

Based on the information provided within the question it can be said that in this scenario the order that Wally should seek is known as Specific performance. This is a court order which forces the breaching party to perform the agreed upon act, and by doing so complete the agreed upon specifications set forth by the contract. Failure to do so will find the individual in contempt of court.

6 0
3 years ago
How could government – sponsored grants for the private development of new technologies result in a lower national debt?
Svet_ta [14]

Answer: Making initial development private saves the government from funding all of the research.

Explanation:

A grant refers to an amount of money that is financial assistance thats given by the government or an organization to an individual or firm for a specific purpose. A grant is different from a loan as it isn't meant to be paid back.

Government award grants for the development of technologies, community projects, home insulation etc.

With regards to the question, a government – sponsored grants for the private development of new technologies may result in a lower national debt when the government makes the initial development private thereby saving the government from funding all of the research.

6 0
2 years ago
Bateman Enterprises invested in the bonds of Greater Gloucester on January​ 1, 2018. These 10minus​year, $ 400 comma 000 bonds p
BlackZzzverrR [31]

Explanation:

\frac{400 \times 10 \times 4}{100}  \\  \frac{16000}{100}  \\ 160 \\  \frac{1}{25}  \times 160 \\ 6.4 \: intrest

4 0
3 years ago
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