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makkiz [27]
4 years ago
5

When comparing the perfect competition model to the real-world markets, what can you surmise that is true

Business
1 answer:
love history [14]4 years ago
3 0

Answer:

Perfect competition is only theoretical, it does not exist in the real world. Not even commodities markets like corn, soybean, oil, etc., work in a perfectly competitive way. First of all, taxes, tariffs and subsidies exist. Also, one of the conditions for perfect competition is that all buyers and sellers must have immediate access to perfect information, and that is virtually impossible.

Perfect competition markets act like benchmarks since real life markets will never be able to reach perfect allocation of resources, but some markets get really close to doing so.

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Answer:

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4 0
3 years ago
Your buddy in mechanical engineering has invented a money machine. The main drawback of the machine is that it is slow. It takes
m_a_m_a [10]

Answer:

 

Explanation:

a ) We shall calculate the NPV of the project . If it is positive , then money can be invested

Cash outflow in the beginning =1000

Present value of perpetual annuity of 100 at 9.5 %

100 / .095

= 1052.63

which is more than initial cash outflow

So NPV is positive

Hence money can be invested.

b )

If machine takes one year to build , first year cash outflow of 100 will be absent

Present value of 100 after 1 year

= 100 / 1.095

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So present value of annuity

= 1052.63 - 91.32

= 961.31

This is less than 1000 so

NPV is negative.

Hence money can not be invested.

5 0
4 years ago
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elixir [45]

Answer:

Combine strategic information

Explanation:

A data warehouse can be defined as a large collection of data gathered or collected from various sources within an organization and managed to provide a guide for making decisions by the management.

This ultimately implies that, a data warehouse avails the management of an organization the ability to collect, analyze and manage data in order to gain meaningful insights and aid in the decision-making process.

Hence, the primary purpose of a data warehouse is to help or avail a business firm the ability to combine strategic information with respect to the operations of the business.

3 0
3 years ago
Suppose the following: (1) the wage rate rises, (2) the interest rate rises, (3) any change in AD is greater than any change in
Natali5045456 [20]

Answer:

Explanation:

.......................................................... Raise?

3 0
4 years ago
What "forward-looking analytics innovations" can healthcare organizations apply to meet their mounting challenges through the us
asambeis [7]

Answer:

predictive analytics, evidence based medicine and clinical outcome analytics, enterprise analytics

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Most forward looking health care organisations make use of data stored at repository on past behaviours/outcomes to predict future behaviours/ activities. They also provide visual effects of trends and build models that predict future medical course (action). Data repository provides evidences of previous behaviours/outcomes which are used to build models to solve specific problems.

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3 years ago
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