Answer:
scarcity means that a good is limited in supply, relative to it's demand.
Explanation:
By limited, it means that the available resources are not enough for the satisfaction of a need.
Price hikes tells us of scarcity of a resource. When the price of a resource or good gets increased or is continuously increasing the price of the resource may show that it is scarce.
Management have to allocate resources in such a way that they do not have to run out of the resources or or they may decide to use substitute resources.
Answer:
$142,524
Explanation:
The computation of the total cost assigned to the ending work in process
inventory is shown below:
As we know that
Total cost = Material + Labor
where,
Material = 21,400 units × 100% × $3.60 = $77,040
And,
Labor = 21,400 units × 60% × $5.10 = 65,484
So, the total cost is $142,524
We simply added material and the labor cost according to their completion percentage and its cost per equivalent units
Answer:
Depending on your income I recond 15% of every paycheck but put it to the emergency funds.
Explanation:
Answer:
B
Explanation:
Systemic risk are risk that are inherent in the economy. They cannot be diversified away. They are also known as market risk. examples of this risk include recession, inflation, and high interest rates. Investors should seek compensation for systemic risk. Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors
Market index fund is riskless and would have a beta of 1
by investing half in a riskless and half in a risky asset. beta would be equal to 1
Answer: B) $16
Explanation:
First lets take down the data given to us;
access from a certain leading provider can be represented as p = 5 minusone half q i.e 5 - 0.5q
Using the concept of two-part terrific which is a monopolistic market system, it is type of price discrimination where the price of goods and services are of two section namely; a lump-sum fee (expensive) as well as a per-unit charge
.
Entry fees are set to be equal to the consumer surplus in the competitive equilibrium.
So we calculate our price and quantity in the competitive equilibrium first, marginal cost is equal to price
5 - 0.5q = 1
4 / 0.5 = q
q = 8
Now the intercept of the demand curve at the vertical axis is 5,
so the consumer surplus in the competitive equilibrium is:
M = (5 - 1) * 8 / 2
M = 4 * 4
M = 16
the monthly access fee will be equal to $16.
