When producers do not have to pay the full costs of producing a product, they tend to OVER PRODUCE THE PRODUCT BECAUSE OF A SUPPLY SIDE MARKET FAILURE.
When producers are required to pay less than their cost of production for manufacturing their products they tend to produce more products, this is because, producing more products will cost less in production costs compare to if they are required to pay the full cost of production.
Answer:
It offers an excellent combination of reach and frequency
Explanation:
The question basically seeks to extract the advantage of radio advertising in contemporary time. It must be noted that there are varying forms of advertisements, with one edging the other by one feature or the other.
The feature that ultimately stands radio advertising is the ubiquitous nature of its distribution. Simply put, it offers an excellent combination of reach and frequency. The implication of this is that the messages and information being passed out from this medium commands a far reach, attention and feedback from the larger audience.
While other listed options could be relevant, it must be stated that option A is the feature that categorically set radio advertisements apart from others.
they are a food or type of necessity given at no cost or profit
Th return on the market is 0.08.
<h3>What is the return on the market?</h3>
According to the capital asset pricing model, the expected return of an asset is a function of the risk free rate, beta and return on the market.
Expected return = risk free rate + (beta x return on the market)
0.087 = a + 0.74b
0.159 = a + 1.63b
Where:
a = risk free rate
b = return on the market
Subtract equation 1 from equation 2
0.072 = 0.89b
b = 0.072 / 0.89
b = 0.08
To learn more about beta, please check: brainly.com/question/17007831
#SPJ1
Answer:
Efficiency of the system is 90.48% and Utilization is 79.17%
Explanation:
Given parameters:
Designed capacity, D.O = 1200 employees per year
Effective capacity, E.O = 1050 employees per year
Actual trained output, A.O = 950 employees
Efficiency and Utilization are both measures of performance of a system.
Efficiency is the ratio of the actual trained output to the effective capacity.
Utilization is a ratio of the actual output to the total designed capacity.
Inputting the values,
Hence, Efficiency of the system is 90.48% and Utilization is 79.27%.
