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3 years ago

The NFL often sets their ticket prices below the equilibrium price. The NFL is setting a that will create a .

1 answer:

7 0

The answer is <span>Price ceiling, shortage
Price celing will set up a certain number where the maximum price of a certain product could be sold.
By setting price ceiling, the price will appear more acceptable among buyers which caused a massive demand and will eventually lead to shortage.
</span>

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Private property ownership and some government regulation of the economy are basic characteristics of which economic system?

spin [16.1K]

Answer: Mixed economy

Explanation:

A mixed economy is an economy that allows private enterprise to run their various business alongside government bodies.A mixed economy comprises of capitalism and socialism. They give room to private enterprise operations, with freedom in the use of capital although government still has some regulations over them for social benefits. The private enterprise are allowed to own even larger industries such as manufacturing but they are still regulated by government policy.

6 0

3 years ago

Monmouth Inc.'s stock has a 30% chance of producing a 20% return, a 30% chance of producing a 10% return, and a 40% chance of pr

otez555 [7]

Answer:

Expected rate of return is 13%

Explanation:

Using the expected values method:

Expected Rate of return = Chance 1 * Outcome 1 + Chance 2 * Outcome 2 + Chance 3 * Outcome 3 + ................... Chance n * Outcome n

So by putting values, we have:

Expected Rate of return = 30% * 20% + 30% * 10% + 40% * 10%

Expected Rate of return = 6% + 3% + 4% = 13%

So the expected rate of return using the expected value method is 13%

3 0

3 years ago

Read 2 more answers

If the number of employed persons in a country equals 27 million, the number of unemployed persons equals 3 million, and the num

Charra [1.4K]

Answer:

26.67%

Explanation:

Employed person = 27 million

Unemployed person = 3 million

Total labour force = Number of people employed + Number of people unemployed

Total labour force = 27 million + 3 million

Total labour force = 30 million

Unemployment rate = Number of people unemployed + Remaining people / Total labour force

Unemployment rate = 3 million + 5 million / 30 million

Unemployment rate = 8/30

Unemployment rate = 0.2666667

Unemployment rate = 26.67%

Hence, the unemployment rate equals 26.67%

5 0

3 years ago

Yo Mamma Shops, Inc. can open a new store that will do an annual sales volume of $837,900. It will turn over its assets 1.9 time

solong [7]

Answer:

Net Income = $67,032

Return on assets = 0.152 = 15.2%

Explanation:

Profit Margin = Net Income / Net sales

Net Income =Profit Margin x Net sales

Net Income = 8% x $837,900

Net Income = $67,032

Asset Turnover = Net Sales / Average total assets

1.9 = $837,900 / Average total assets

Average total assets = $837,900 / 1.9

Average total assets = $441,000

Return on Assets = Net Income / Average total Assets

Return on Assets = $67,032 / $441,000

Return on Assets = 0.152 = 15.2%

5 0

4 years ago

Mystery, Inc. is contemplating selling bonds. The issue is to be composed of 800 bonds, each with a face amount of $750. How muc

LuckyWell [14K]

Answer:

$570,000

Explanation:

Calculation to determine How much is Mystery, Inc. able to borrow (in total) if each bond is sold at 95% of par

Using this formula

Total Amount borrowed=Bonds*Face value*95% of par

Let plug in the formula

Total Amount borrowed=800*$750*0.95

Total Amount borrowed=$570,000

Therefore the amount the Mystery, Inc. will be able to borrow (in total) if each bond is sold at 95% of par is $570,000

6 0

3 years ago

The NFL often sets their ticket prices below the equilibrium price. The NFL is setting a ______ that will create a ______.

The NFL often sets their ticket prices below the equilibrium price. The NFL is setting a that will create a .