Answer:
The answer to this question is A. Interaction between a private party and another private party
Explanation:
A free market economy, otherwise known as a capitalist economy is one that is controlled by private individuals with little or no government control.
A free or capitalist system may be defined as one in which all or most means of production are owned and controlled by private individuals and in which the economic activity of the government is at minimum.
In a capitalist economic system, private individuals play greater role than the government in taking decision about on what to produce, how to produce and the distribution of what is produced.
Hence, the allocation of benefits and costs is determined in a free market economy by A. Interaction between a private party and another private party
Answer:
$47,540
Explanation:
Calculation to determine what The wages and salaries in the flexible budget for August would be closest to:
Using this formula
Cost = Fixed cost + Variable cost per unit ×q
Let plug in the formula
Cost =$2,140 + $454 × 100
Cost=$47,540
Therefore The wages and salaries in the flexible budget for August would be closest to:$47,540
Answer:
1495 filters are considered as safety stock.
Explanation:
d = 80 filters, std devd= 5, L = 14 days, std dev L= 2 days
Std dev dL = Sq rt ( Lσ d2 + d 2σ L2 ) = sq rt ( 350 + 25600) = 161 filter
z= 2.33 at 99% SL
safety stock = 2.33 X 161 = 375 filter
Reorder point = dL + Safety stock = 80 X 14 + 375 = 1495 filters
Answer: 3.35
Explanation:
Before we use the Capital Asset Pricing Model we will first have to find the Expected Return using the figures given.
We can do that using the following formula,
Expected return = (End value - Beginning value+Dividend)/Beginning value
Expected return = (117 - 96 + 1.13)/ 96
= 23.05%
Now we can use the CAPM to find the beta.
The formula goes like,
Expected rate = Risk free rate + Beta (market risk premium)
Making beta the subject we have,
Beta (market risk premium) = Expected Rate - Risk free rate
Beta = (Expected Rate - Risk free rate) / Market risk premium
Beta = (23.05% - 4.1%)/6.6%
Beta = 3.34923484848
Beta = 3.35