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3 years ago

Are monopolies good or bad or both and why?

1 answer:

5 0

Bad because than it gives no competition off other businesses which essentially is not good because than the monopoly will dominate and become way too powerful and totally crush the economy.

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In a simple economy (assume there are no taxes, thus Y is disposable income), the consumption function is Upper C equals 1000

Oduvanchick [21]

Answer:

Autonomous consumption is $1,000 and the marginal propensity to consume is 0.9.

A consumer whose income increases by $100 will increase consumption by $90.

Explanation:

Given C = 1000 + 0.9Y

Autonomous consumption refers to consumption expenditure of consumers that does not depend on income. Therefore, autonomous consumption is therefore the consumption expenditure made by the consumers when they do not have income or when income is zero (i.e. when Y = 0).

Substituting for Y = 0 into the consumption function, we can obtain autonomous consumption is follows:

Autonomous consumption = 1000 + (0.9 * 0) = 1,000

The marginal propensity to consume refers to the proportion of the increase in disposable income that is spent on the consumption of goods and services by a consumer. From the consumption function, the marginal propensity to consume is 0.9.

Since marginal propensity to consume is 0.9, a consumer whose income increases by $100 will therefore increase consumption by $90 (i.e. $100 * 0.9 = $90).

7 0

3 years ago

You receive five annual cash flows of $10,000 with the first cash flow being received today and the last cash flow occurring 4 y

ivanzaharov [21]

Answer:

FV= $75,437.02

Explanation:

Giving the following information:

Number of cash flows= 5

Cash flow= $10,000

Total number of periods= 10 years

Interest rate= 6% compounded annually

First, we need to calculate the future value of the 5 cash flows in 5 years using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {10,000*[(1.06^5) - 1]} / 0.06

FV= $56,370.93

Now, the value at the end of 10 years:

FV= PV*(1+i)^n

FV= 56,370.93*(1.06^5)

FV= $75,437.02

7 0

3 years ago

In a company's annual report, the section called Management Discussion and Analysis provides critical information for interpreti

ddd [48]

Answer:

A. True

Explanation:

The section called Management Discussion and Analysis in an annual report analyzes the performance of a company, includes comments from the management about the financial statements to allow the readers to understand the information in a better way and includes the future objectives and plans. According to this, the answer is that the statement that indicates that in a company's annual report, the section called Management Discussion and Analysis provides critical information for interpreting the financial statements and assessing the future of the company is true.

7 0

3 years ago

Bob's best friend Mike turns 25 next week. Bob decided to purchase Mike a tablet device/e-book reader as a present. Because Bob

elixir [45]

Answer:

C. Internal search

Explanation:

The situation in which a consumer or an individual refers to his own memory or recollection for a product, where the individual selects from alternative options from his or her memory is known as Internal search. In this scenario, given his personal experience with personal computers and consumer electronic devices, Bob is able to refer to his own memory for various brand options he feels is the best and want to purchase from.

5 0

3 years ago

Corn refiners buy shelled corn and convert it into a variety of products, including high-fructose corn syrup. the refiners then

Karo-lina-s [1.5K]

Refiners are in the secondary sector of the market because they are taking inputs and making them into products for consumption.

7 0

4 years ago