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3 years ago

Why do market fail? A) merit good B) storage C) misusing the powers

Business

1 answer:

Nimfa-mama [501]3 years ago

8 0

The answer is C because you can't misuse your powers in business

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E-Tech Initiatives Limited plans to issue $500,000, 10-year, 4 percent bonds. Interest is payable annually on December 31. All o

Blababa [14]

Answer:

E-Tech Initiatives Limited

Partial balance sheet

as on January 2, 2019

Liabilities

Long term Liabilities

Bond Payable ________________ $500,000

Add: Premium on Bond _________ <u>$10,000 </u>

_____________________________________ $510,000

Explanation:

First Calculate the issuance value

Issuance value = $500,000 x 102% = $510,000

The bond is issued on Premium, Now calculate the premium on bond value

Premium on bond = Issuance value - Premium on Bond

Premium on bond = $510,000 - $500,000

Premium on bond = $10,000

The bond payable value of $500,000 and Premium on the bond aer reported in the long term liability section of balance sheet.

7 0

3 years ago

The practice of setting prices deliberately below ________ costs in an effort to drive a competitor out of the market is known a

snow_tiger [21]

Answer:

c. average variable

Explanation:

The options for the question are;

. a) marginal

b. average total

c. average variable

d. average fixed

Predatory pricing can be regarded as

pricing strategy which is an illegal act whereby dominant firm in an particular industry set their price low so that compitition can be eliminated, this act usually aid Monopoly in the market. It should be noted that The practice of setting prices deliberately below average variable costs in an effort to drive a competitor out of the market is known as predatory pricing.

5 0

3 years ago

Feelings of personal resposnibility for a project are most likley to lead to

damaskus [11]

It most likely lead to prior hypothesis, reasoning by analogy, representative, ivory tower planning , and escalating commitment. :)

6 0

3 years ago

In words, what does it mean when an economic consultant states:" kevin's income elasticity of red wine is equal to 6?

Lady_Fox [76]

When an economist says that "Kevin's income elasticity of red wine is 6" he means that if Kevin's income increases by 10%, the quantity of red wine demanded by Kevin rises by 60%. So, red wine is income elastic. Since the income elasticity is greater than 1, red wine is a luxury good for Kevin.

Income elasticity measures the change in the quantity of goods demanded relative to a change in income.

If an increase in income results in a decrease in the quantity of goods demanded, then that good is an inferior or cheap good. The income elasticity of a cheap good is negative.

If the demand for a good rises with an increase in income, then that good is a normal good. The income elasticity of normal goods is greater than zero.

If an increase in income results in a greater increase in the quantity of goods demanded, then that good is a luxury good. The income elasticity of a luxury good is greater than 1.

6 0

3 years ago

What is public debt?

Makovka662 [10]

D. government total outstanding debt
A. A surplus

8 0

4 years ago