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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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Beryl company sells flash drives per week. purchaseorder lead time is weeks and the economicorder quantity is units. what is the
Aleks [24]

1800 units are the reorder point.

Option B. 1800 units.

Reorder Point = Maximum usage rate × Maseimutin lead time.

-> In given the Mancimum Sells of 900 hard drives.

Per week is the Maximum usage rate

and

Purchase order Lead time. 2 weeks is the maximum  Lead time

is maximum

So

Reorder Point = 900 x 2

Reorder Point. = 1800 unit

A reorder point (ROP) is a specific level at which inventory needs to be replenished. That means it will tell you when to order so you don't run out of stock.

Reorder Point formula is Lead Time Requirement + Safety Stock. Of course, to do an accurate calculation, you need to determine your lead time and safety stock needs.

Berkshire Ltd. sells 900 hard drives per week. Purchase-order lead time is 2 weeks and the economic-order quantity is 1625 units. What is the reorder

a. 1625 units

b. 1800 units

C. 1450 units

d. 3250 units

Learn more about Reorder Point at

brainly.com/question/18914985

#SPJ4

3 0
1 year ago
True or false?John says to his friend, "This concert is going to cost me $20 when I buy the ticket." His friend corrects him and
Illusion [34]

Answer:

True

Explanation:

Opportunity cost refers to the value of a missed chance as a result of deciding a certain way. It is the forfeited benefit of choosing one option over another. Economists determine the opportunity cost by calculating the value of the next best alternative.

If John buys the ticket, it will cost $20.  Attending the concert will cause him not to do his homework, as he cannot be in two places at the same time. The consequence of him not doing his homework is the opportunity cost. Attending the concert will, therefore, cost him the $20 and the opportunity cost.

5 0
3 years ago
Stock in Daenerys Industries has a beta of 1.3. The market risk premium is 7 percent, and T-bills are currently yielding 4.5 per
vesna_86 [32]

Answer:

13.05%

Explanation:

Using CAPM Equation, Ke = Rf+Beta*(Rm-Rf)

= 0.045+1.3*(0.07)

= 0.136

= 13.60%

Using Dividend growth model, Ke = (D1/P0) + g

= (D0*(1+g)/P0) = g

= (1.50*(1+0.08)/36) + 0.08

= 0.125

= 12.50

The cost of equity (Ke) = 0.136 + 0.125 / 2

The cost of equity (Ke) = 0.261/2

The cost of equity (Ke) = 0.1305

The cost of equity (Ke) = 13.05%

7 0
3 years ago
After spending months finalizing a marketing plan, the lead marketing manager presents it to the entire company. It soon becomes
Sauron [17]

The correct answer is A) alignment.

After spending months finalizing a marketing plan, the lead marketing manager presents it to the entire company. It soon becomes clear that the budget given in the plan is far lower than the marketing team had determined it would need. This mistake is likely a result of a lack of alignment.

This means that the marketing manager did not respect the parameters originally indicated. His numbers did not align with the necessities of the plan, which means that he did not take into consideration some important factors that at the end, affected the end result of the budget.

7 0
3 years ago
Early in 2022, Stevenson Incorporated switched to a JIT (just-in-time) inventory system. Financial information for the two most
gregori [183]

Answer:

3.8 times

Explanation:

Inventory turnover indicates how many times a company sells and replaces its stock of goods during a particular period. The formula for inventory turnover ratio is the cost of goods sold divided by the average inventory for the same period.

$ 320,000 / 63,000 = 5.1 times in 2022

$283,500 / 32,000 = 8.9 times in 2023

Therefore inventory turnover increase as a result of the switch to the JIT system by 8.9 times - 5.1 times = 3.8 times

5 0
3 years ago
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