Answer: The efficient outcome is to have the security system installed. After the meeting the security system will <em><u>be installed</u></em>, which illustrates the <em><u>free rider problem.</u></em>
Free rider is the burden on resource which is been shared, the problem is created by its usage or over-exploitation by individual who aren't paying their fair share.
∴ Here Tom is a free rider. i.e. He is willing to pay $100 where he should've paid $250.
Answer:
The correct answer is letter "B": cost-benefit assessment.
Explanation:
Cost-benefit assessment implies analyzing what the costs and benefits of engaging in business are. The approach aims to minimize losses and maximize benefits. It does not necessarily imply there are not going to be losses during the business cycle but could reduce them as much as possible.
The answer to the given question above is AUTOMATIC STABILIZER. So in the fiscal policy, the term automatic stabilizer refers to the policies and programs which are created in order to counterbalance or neutralize any changes (e.g. fluctuations) in the national income or economic activities. This no longer requires an intervention from the government or policymakers.
Answer:
$94.92 is the correct answer
Explanation:
Given, Annual dividend = $3.55
Required return = 3.74%
The calculation of current stock price is as follows:
The current stock price = Annual Dividend / required return
= $ 3.55 / 3.74%
= $ 94.919786
= $ 94.92
Hence the correct answer is $ 94.92
Note: The answer is rounded off to two decimal places.
equal payments paid at the end of regular intervals over a stated time period
