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2 years ago

If an item tends to be very expensive to repair, how might that affect your decision to purchase a warranty for it?

Business

2 answers:

Step2247 [10]2 years ago

6 0

Answer:

c. Buying an extended warranty might be a good idea so that you do not have to repair the item yourself.

Musya8 [376]2 years ago

3 0

You may decide to purchase a warranty because that will be way cheaper than paying to get it repaired a lot of times

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At their regular monthly meeting, a group of local brokers agrees that the introduction of "discount brokerages" in their area w

steposvetlana [31]

Answer:

would be considered collusion.

Explanation:

Collusion refers to an illegal agreement between two or more businesses that decide to cooperate together by setting prices or production quotas. This businesses should naturally compete against each other, not team up to charge higher fees. Collusion is illegal because it leads to unfair market advantages because they negatively affect competition.

8 0

3 years ago

A monopolist faces a demand curve given by: P = 220 – 3Q, where P is the price of the good and Q is the quantity demanded. The m

Montano1993 [528]

Answer:

$1350

Explanation:

To find dead weight loss we will take into consideration the price and output level of both monopoly and perfect competition.

Dead weight loss = {(P2 - P1) * (Q1-Q2)} / 2

Where, P2 and Q2 are price and quantity respectively of monopolist and P1 and Q1 are price and quantity respectively of perfect competiton.

Dead weight loss = {(130-40) * (60-30)}/2

= (90*30)/2

= $1350

8 0

2 years ago

A swot analysis is an identification and evaluation of a firm's strengths, weaknesses, ___, and threats.

AnnyKZ [126]

The correct answer should be
E. Opportunities

8 0

2 years ago

France and England both produce cheese and cloth under conditions of constant opportunity costs. France will have a comparative

dem82 [27]

Answer:

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

For example, England produces 10 yards of clothes and 5 kg of cheese. France produces 5 yards of clothes and 10 kg of cheese.

for England,

opportunity cost of producing clothes = 5/10 = 0.5

opportunity cost of producing cheese = 10/5 = 2

for France,

opportunity cost of producing cheese = 5/10 = 0.5

opportunity cost of producing clothes = 10/5 = 2

England has a comparative advantage in the production of clothes and France has a comparative advantage in the production of cheese

5 0

2 years ago

You recently purchased 100 shares of stock at a cost per share of $24.80. The initial margin requirement on this stock is 80 per

ANEK [815]

Answer:

Current Margin = 74.95%

Explanation:

given data

no of share purchased = 100 shares

Stock Cost per share = $24.80

initial margin = 80 percent

maintenance margin = 50 percent

currently valued = $19.80

solution

we get here first Margin Loan that is express as

Margin Loan = No. of shares × Stock Cost × (1 - Initial Margin) ..........1

put here value and we get

Margin Loan = 100 × $24.80 × (1 - 0.80)

Margin Loan = $496

so here current stock value that is express as

current stock value = No. of Shares × Current Stock Value ..............2

put here value

current Stock Value = 100 × $19.80

current Stock Value = $1,980

so here Current Equity is

Current Equity = Current Stock Value - Margin Loan ............3

Current Equity = $1,980 - $496

Current Equity = $1,484

so here as we get Current Margin that is

Current Margin = Current Equity ÷ Current Stock Value ............4

put here value

Current Margin = $\frac{1484}{1980}$

Current Margin = 74.95%

5 0

2 years ago