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xenn [34]
3 years ago
7

Why might network externalities cause a new cable provider to be unsuccessful when it tries to enter the market?

Business
1 answer:
EleoNora [17]3 years ago
6 0
<span>One reason a new cable company may be unsuccessful when entering the market is if they charge too much for installation. Established companies are usually able to offer free installation. Another problem arises when the new cable company has a different channel lineup than other companies already in the area. Most people don't want to give up channels they are used to having, especially if one of those channels shows a current popular show.</span>
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Acme-Jones Corporation uses a weighted-average perpetual inventory system. August 2, 24 units were purchased at $23 per unit. Au
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Answer:

Cost of goods sold= $816

Explanation:

Giving the following information:

Acme-Jones Corporation uses a weighted-average perpetual inventory system.

August 2: 24 units were purchased at $23 per unit.

August 18: 40 units were purchased at $25 per unit.

On August 29: 34 units were sold.

Weighted-average= (23 + 25)/2= $24

Cost of goods sold= 34*24= $816

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Bill took out a $100,000 non-recourse loan and bought an apartment building. The building is not security for the loan. Bill spe
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Answer:

Bill has $25,000 at-risk and he can also deduct $25,000 from his income due to the losses associated with his rental activity.

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3 years ago
What is the eventual effect on real GDP if the government increases its purchases of goods and services by $50,000? Assume the m
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Answer:

a. The real GDP increases by $200,000.

a. The real GDP increases by $150,000.

Explanation:

a. What is the eventual effect on real GDP if the government increases its purchases of goods and services by $50,000?

Eventual effect on real GDP = Amount of increase in government spending * (1 /(1 - MPC)) = $50,000 * (1 / (1 – 0.75)) = $200,000

Therefore, the real GDP increases by $200,000.

a. What is the eventual effect on real GDP if the government, instead of changing its spending, increases transfers by $50,000?

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Therefore, the real GDP increases by $150,000.

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3 years ago
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