1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Serhud [2]
3 years ago
6

A perfectly competitive market helps ensure that the products produced are the goods that consumers want. this demonstrates the

concept of:
Business
1 answer:
frozen [14]3 years ago
5 0
A perfectly competitive market helps ensure that the products produced are the goods that consumers want demonstrates the concept of allocative efficiency.
<span>Allocative efficiency defines a state of the economy in which production represents consumer preferences and it is a characteristic of  an efficient market.
</span>
You might be interested in
What is the amount of money you still owe to their credit card company called everfi answers?
sukhopar [10]
The answer is credit card balance. A credit card balance is the sum of money payable to the credit card company. A new credit card balance may take up to 24 hours to bring up-to-date after a payment has been administered dependent on the Credit Card Company and technique of compensation engaged. The balance can be negative, positive or zero liable on if money is owed if a compensation more than the balance was made or the balance was compensated in complete.
6 0
3 years ago
Read 2 more answers
Sidney took a $150 cash advance by using checks linked to her credit card account. The bank charges a 2 percent cash advance fee
strojnjashka [21]

Answer:

A.) 3%; B.) 2% ; C) $155; D) $150

9) $78 ; $1278

10) a) $5940; b) $19440; c) $279; D) 21.64%

Explanation:

Amount = $150

Cash advance rate = 2% = 0.02

A.) cash advance fee = $150 × 0.02 = $3

B.) Interest for one month at APR of 18%

Interest = principal × time × rate

$150 × (1÷12) × 0.16 = $2.00

C.) Total amount paid

$(150 + 3 + 2) = $155

D.) $150

9.)

Interest = principal × rate × time

t = 6 months = (6/12)

Rate (r) = 0.13

Principal = $1200

Interest = $1200 × 0.13 × 0.5 = $78

Total amount = down payment + principal borrowed + interest

Total amount = 0 + $1200 + $78 = $1,278

10.)

Price = $13,500

Down payment = $2700

Loan required = $10,800

Add-on rate = 11% = 0.11

Period = 5 years

A.) Interest = $10,800 × 0.11 × 5 = $5,940

B.) Total cost = Down payment + Principal borrowed + interest paid

$2700 + $10,800 + $5940 = $19,440

C.) Monthly Payment = (Principal Borrowed + Total interest) / Total number of payments

Monthly Payment = ($10800+ $5940) / (12×5)

Monthly payment = $16740 ÷ 60 =$279

D.) Annual percentage rate (APR)

APR= (2 × n × I) / [P × (N + 1)]

APR = (2 × 12 × 5940) / [10800 × (60+1)]

APR = 142560 ÷ 658800

APR = 0.21639

APR = 21.64%

7 0
2 years ago
Sweet Sue Foods has bonds outstanding with a coupon rate of 5.44 percent paid semiannually and sell for $1,930.36. The bonds hav
tigry1 [53]

Answer:

Current yield=5.6%

Explanation:

<em>The current yield is the proportion of the current price of a bond earned as annual  interest payment.</em>

<em>Current yield = annual interest payment/bond price</em>

<em>Annual interest payment = coupon rate × face value</em>

                                          = 5.44% × $2000

                                          = $108.8

Current yield

= annual interest payment/price

= $(108.8/1,930.36) × 100

= 5.6%

Note we used the annual interest payment nothwithstanding that interests are paid semi-annually

6 0
3 years ago
Nimbus Inc. is a hybrid organization. The organizational structure of the company has been developed to combine geographic suppo
kolbaska11 [484]

Answer:

<em> B) that Nimbus has a matrix structure</em>

Explanation:

Yes absolutely the above information is true, and from the following statement that can be fittingly inferred is given in OPTION(B).

<em>Because matrix structure is something in that organizational structure of the company has a single record that is given to multiple administrator.</em>

So, therefore as we can see in the scenario that Nimbus Inc. is also has a matrix structure.

7 0
2 years ago
What do you feel is the most important thing that you can do when saving money and what are some other ways you can save money.
Gnesinka [82]
Check your stuff to see what you already have and what you need.To go around buying everything you want just because its pretty.
4 0
3 years ago
Other questions:
  • Yoshi operates a shoe store as a sole proprietorship. However, he is in poor health and may be unable to continue running the bu
    9·1 answer
  • 1. Alejandro and Roger are working on a group project for class that requires writing a paper and designing charts to explain th
    5·1 answer
  • The direct order plan of organizing information will be the most effective when you are writing
    10·1 answer
  • Indicate how each item should be classified in the statement of cash flows using these four major classifications: operating act
    14·1 answer
  • If a currency such as the​ US$ is traded in a competitive​ market, a(n)​ ________ in demand for the​ US$ ________ the price of t
    13·1 answer
  • Outdoor Adventures, Inc. operates a chain of very large stores that offer an incredible selection of sporting goods at very comp
    13·1 answer
  • Which of the following groups on the Insert tab contain the command to add WordArt to a publication?
    12·1 answer
  • You are considering an investment project with an internal rate of return of 8.7 percent, a net present value of $393, and a pay
    8·2 answers
  • Think about an organizational change that recently affected you. This could be a change at work in which jobs or procedures were
    13·1 answer
  • Amy borrowed $10,500 to purchase a new Toyota Yaris and agreed to pay back $14,320 in
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!