Answer:
d. being consumed by buyers who value it most highly."
Explanation:
Since the efficiency arises when optimal amount of each good and service is being produced and consumed in the economy.
Hence it can be said that inefficiency exists in the economy when a good not being consumed by the consumer who value it highly.
Answer:
U.S. dollars = 14.012 U.S. dollars
Explanation:
Below is the exchange rate:
0.92777 Canadian dollars = 1 U.S dollars
Thus to find the amount of U.S. dollars bought from the 13 Canadian dollars, just divide the 13 Canadian dollars from 0.92777. Therefore the resulting answer will be the U.S. dollars.
U.S. dollars = 13 / 0.92777
U.S. dollars = 14.012 U.S. dollars
Answer:
Quantity supplied will increase
Answer:
HIGH
Explanation:
Whenever it has to do with cash, the risk is always high. The potential for employee fraud and accounting error cannot be underestimated. Controls must be in place to protect losses for small businesses and income leakages for big businesses.
Revenue is the biggest asset of a company and the first line in its income statement and cannot be assessed to be of 'low risk'
Internal controls should be in place for cash receipts in order to limit the access to cash to trusted staff, to verify all receipts, and that such transactions are captured correctly and timely. Cash receipts should never be used as petty cash as it creates tracking complexities.
Answer:
32.64%
Explanation:
Given Data:
Average annual return (mean) = 14.7%
standard deviation = 33%
A) what percent of years does the portfolio lose money ( ?% < 0% )
The percentage of the year that the portfolio loses money = 32.64%
attached below is a detailed solution
The value of P( Z < -0.45 ) = 0.32636 . This value is gotten from standard normal table
