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topjm [15]
3 years ago
14

Allocative efficiency occurs when the a. minimum of average total cost equals average revenueb. minimum of average total cost eq

uals marginal revenuec. marginal cost equals the marginal benefit to societyd. marginal revenue equals marginal benefit to society

Business
1 answer:
Usimov [2.4K]3 years ago
3 0

Answer: Allocative efficiency occurs when the<u><em> marginal cost equals the marginal benefit to society</em></u>

Allocative efficiency is a state of the economy in which production stand for individual preferences, every commodity or work is produced up to the state where the last part renders a marginal benefit to individual equal to the marginal cost of producing.

<u><em>Therefore the correct option is (c)</em></u>

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If the firm’s beta is 1.6, the risk-free rate is 9%, and the average return on the market is 13%, what will be the firm’s cost o
Luden [163]

Answer:

CAPM= RF+B(RM-RF)

= 9+1.6(13-9)

=15.4%

13=RS+1.6*(4)

13=RS+6.4

RS=13-6.4

RS=6.6%

Explanation:

3 0
3 years ago
Tarrant Corporation was organized this year to operate a financial consulting business. The charter authorized the following sto
algol [13]

Answer:

Find the requirement below:

1. Prepare the journal entries required to record the sale of common stock in (a) and (b). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

2. Prepare the stockholders’ equity section as it should be reported on the year-end balance sheet. (Amounts to be deducted should be indicated by a minus sign.)

First issue of shares:

Dr   Cash     $197,200

Cr Common stock                           $98,600

Cr Paid-in capital in excess of par  $98,600

Second  issue of shares:

Dr   Cash     $85,800

Cr Common stock                           $37,400

Cr Paid-in capital in excess of par  $48,400

Shareholders equity section:

Common stock ($98,600+$37,400)                $136,000

Paid in capital ($98,600+$48,400)                  $147,000

Retained earnings                                              $7,300

Total shareholders' equity                                 $290,300

Explanation:

First issue of shares:

cash proceeds 5,800*$34=$197,200.00  

split into    common stock  $17*5,800=$98,600.00  

                 paid-in capital in excess of par ($197,200-$98,600)= $98,600.00  

second  issue of shares:

cash proceeds 2,200*$39=$ 85,800.00  

split into    common stock  $17*2200=$ 37,400.00  

                 paid-in capital in excess of par ($85,800-$37,400)= $48,400.00  

4 0
3 years ago
Why might a person decide to take advantage of a non-installment credit offer?
Korolek [52]
A person would take advantage of a non installment credit offer if there was no interest charged on on the loan. Many of these offers will not charge interest on the loans if the loan is paid off in a short amount of time. Usually within 3 to six months of the time the loan is started. These offers are usually for appliances and furniture. You can always ask the store you are visiting if they have these offers available. If you don't pay the loan off within the amount of time, you are then charged the interest and have a longer amount of time to pay the loan off. 
8 0
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Answer:

The correct answer is variable.

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Answer:

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8 0
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