All categories

4 years ago

Without a strong legal systems in a market economy:

Business

1 answer:

STALIN [3.7K]4 years ago

5 0

Answer:

A) private-sector entrepreneurs can expropriate the profits generated by the efforts of private and public entities.

Explanation:

As there exist four basic structures of the market economy in the form of perfect competition, imperfect competition, oligopoly, and monopoly.

Thus without any legal system of trade in the market economy, the profits that are generated by the public and private sectors can be taken away by these entities as a large number of small firms tends to compete in the market against each other with there homogenous products.

Thus under such circumstances, the market economy would deprive all the profits made by the other forms in the market and put barriers to entry for others. Buyers thus will be deprived of the quality products.

You might be interested in

Muhammad deposited $800 at the beginning of each quarter for 8 years into an IRA. Given an interest rate of 8% compounded quarte

Nastasia [14]

Answer:

$18,775

Explanation:

We can calculate the future value of the investment by using the following formula:

Future Value = P * [1 - (1+i)^-n] / i

Here,

P is the periodic payments of $800

n is the number of periodic payments made which is 4 in a year and 32 in 8 years. So n = 32 number of payments.

r is the annual interest rate which is 8%

i is interest earned after on periodic periodic is:

i = Annual interest rate / Number of periodic payments in a year = 8% / 4

= 2%

By putting this value in the equation, we have:

Future Value = $800 * [1- (1 + 2%)^-32] / 2%

Future Value = $18,775

8 0

3 years ago

Why were US workers against the ratification of the North American Free Trade Agreement (NAFTA) in 1992?

horsena [70]

It was perceived by many (such as myself) as having the ultimate result of devaluing the American dollar.

3 0

3 years ago

Read 2 more answers

Marigold Company’s sales budget projects unit sales of part 198Z of 10,300 units in January, 12,000 units in February, and 13,50

leonid [27]

Answer:

Production Budget Jan 10,640 Feb 12,300

Direct Materials Budget Jan 45216

Explanation:

Production Budget = Sales + Desired Ending Inventory - Opening Inventory

The ending inventory for one month is the opening inventory for the next. We calculate the ending inventory for

Jan= 20% 0f 12000 units= 2400

Feb = 20% of 13500 units= 2700

Marigold Company

Production Budget

Jan Feb March

Sales Units 10,300 12000 13500

Add Desired

Ending Inventory 2400 2700

Less Opening 2060 2400 2700

Production Budget 10,640 12,300

Direct Materials Budget = Production Budget in pounds + Direct Materials Desired Ending Inventory - Opening Inventory Direct Materials

The ending inventory for one month is the opening inventory for the next. We calculate the ending inventory for

Jan= 40% 0f 49,200 units= 19680

Dec = 40% 0f 42,560 units= 17024

Dec Ending Inv= Jan opening Inventory

Marigold Company

Direct Materials Budget

Jan Feb

Production Units 10,640 12300

Pounds per unit 4 4

Production pounds 42,560 49,200

Add Desired

Ending Inventory 19,680

Less Opening 17024 19680

Direct Materials Budget 45216

5 0

4 years ago

Traditional advertisements for cookware have always focused on appealing to women consumers. such advertisements make use of con

Maksim231197 [3]

such advertisements make use of consumer differences arising out of micro cultures based on different Sex Roles.
Another example of this would be the advertisements of Guns that is aimed to be appealing to Men because the 'sex roles' as the protector seems to be had by Men

3 0

3 years ago

g If you require an annual rate of return of 12 percent, what should be the estimate of the amount of the annual dividend which

choli [55]

Answer:

Its very simple, the required return would be 12% of the amount invested today. And this can be explained by the use of DVM (Dividend valuation Model), which is as under:

For ordinary shares r = (Dividend after one year / Share price now)

Dividend after one year = Required return * Share Price Now

Assuming no growth in the dividends, we can say that the required return would be 12% of the amount invested now which is the share price of the ordinary shares.

6 0

3 years ago