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2 years ago

The two major markets in the circular flow of income and expenditure are the:________

Business

1 answer:

Arada [10]2 years ago

3 0

Answer:

[2] goods market and factor market.

Explanation:

The circular flow of income shows how exchange of money, goods and services occur in an economy.

the two flow circular income model consists of an household and a firm.

The household buys factors of production from the household in exchange for money (firms buys from the factor market). In return, households receive payment.

households then go to the goods market to purchase goods and services.

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If the marginal product of labor is increasing, the marginal cost of output must be

SVETLANKA909090 [29]

Your answer would be, If the Marginal Product of labor increases/rises, The Marginal Cost of Output FALLS.

If the Marginal Product of labor Falls, The Marginal Cost of Output RISES.

Hope that helps!!!

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3 years ago

The Jackson-Timberlake Wardrobe Co. just paid a dividend of $2.15 per share on its stock. The dividends are expected to grow at

xxTIMURxx [149]

Answer:

(a) $34.4

(b) $38.70(Approx).

Explanation:

(a) Current price:

$=\frac{D1}{Required\ return-Growth\ rate}$

$=\frac{2.15\times(1+0.04)}{0.105-0.04}$

$=\frac{2.15\times 1.04}{0.105-0.04}$

= $34.4

We use the formula:

$A=P(1+\frac{r}{100} )^{n}$

where,

A = future value

P = present value

r = rate of interest

n = time period

(b) $A=P(1+\frac{r}{100} )^{n}$

$A=34.4(1.04 )^{3}$

= 34.4 × 1.124864

= $38.6953

= $38.70(Approx).

$A=34.4(1.04 )^{15}$

= 34.4 × 1.80094351

= $38.6953

= $61.9524

3 0

3 years ago

The opportunity cost of tesla's investment in a new battery factory in nevada is

Alex787 [66]

I believe the answer is: D. <span>what the company considered to be the best-foregone option to the factory.
The creation of new type of battery would cost Tesla a huge amount of capital that would definitely impact the amount of their profit for several operating years. The difference in profit between prior and after new battery would be the opportunity cost that must be taken by Tesla.</span>

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3 years ago

A salesperson for FS Tools asked Justin, a cabinet maker, "If I can show you how to cut melamine, high-pressure laminates, and f

GalinKa [24]

Answer:

A. need payoff

Explanation:

Based on the information provided within the question it seems that the salesperson's SPIN technique is an example of a need payoff. This term refers to asking an individual/customer about the value or importance that something can provide them. Which is exactly what the salesperson is stating by asking "how much money (value) can this save you?"

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3 years ago

The objectives of competition policy

oksian1 [2.3K]

Answer:

rticle 1] This Act, by prohibiting private monopolization, unreasonable restraint of trade and unfair trade practices, by preventing excessive concentration of economic power and by eliminating unreasonable restraint on production, sale, price, technology and the like, and all other unjust restriction of business

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2 years ago