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asambeis [7]
4 years ago
14

Bill is a yacht broker in the southeastern United States. For years he has had difficulty selling large yachts locally because t

here were few places to dock these boats. Yachts and spaces to dock them are an example of _________.
Business
1 answer:
mezya [45]4 years ago
5 0

Answer:

complementary products

Explanation:

Yachts and spaces to dock are a clear example of complementary products.

If using more of good A requires using of more of good B, then those goods are complementary. In this case, for every additional Yacht sold, there must also be available space to dock, otherwise the value of the Yacht is hindered, thus making those products complementary.

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Which of the following statements ignores the concept of opportunity cost?
frez [133]
Its C. All choices involve cost
5 0
3 years ago
Assuming no economies of scale and identical costs, if the firms in a purely competitive industry were replaced by a profit-maxi
wolverine [178]

Assuming no economies of scale and identical costs, if the firms in a purely competitive industry were replaced by a profit-maximizing monopolist, the likely result would be <u>an Increase in price and reduced output</u>.

A key characteristic of a monopolist company is that it is a profit maximizer. A monopolistic market has no opposition, meaning the monopolist controls the rate and quantity demanded. the level of output that maximizes a monopoly's earnings is while the marginal cost equals the marginal sales.

The profit-maximizing monopolist for the monopoly will be to produce at the amount wherein marginal sales is equal to marginal fee: that is, MR = MC. If the monopoly produces a decreased amount, then MR > MC at those ranges of output, and the firm could make better income by way of expanding output.

The profit-maximizing output stage is represented as the only at which total sales is the height of C and total price is the peak of B; the maximal earnings is measured as the period of the section CB. This output level is also the only at which the whole earnings curve is at its maximum.

Learn more about monopolist here: brainly.com/question/13113415

#SPJ4

5 0
2 years ago
Thornton, inc., had taxable income of $127,682 for the year. The company's marginal tax rate was 34% and its average tax rate wa
enot [183]

Answer:

Are you sure you copied the options correctly?

When you do the math, $127,682 x 0.237 = $30,261

the closest option is d. $30,471.

average tax rate = $30,471 / $127,682 = 23.86%,

Explanation:

the company's total tax liability = total taxable income x average tax rate

total amount of taxes paid = $127,682 x 23.7% = $30,260.63 ≈ $30,261

The formula used to calculate average tax rate = total taxes paid / total taxable revenue. To determine total taxes paid you just need to adjust this formula.

5 0
3 years ago
Stock X has a beta of 1.4 and stock Y has a beta of 0.8. The market risk premium is 5.0% and the risk-free rate is 2.0%. What is
NNADVOKAT [17]

Answer:

d. 4%.

Explanation:

The computation is shown below;

We know that

Expected stock return = Risk free rate + Beta × Market risk premium

So,  

Expected stock return X is

= 2% + 1.4 × 5%

= 9%

And,

Expected stock return Y is

= 2% +.8 × 5%

= 6%

Now  

Expected Portfolio return Y and risk free asset is

= Weight stock y × return Y + Weight risk-free asset × Return risk-free asset

= .5 × 6% + .5 × 2%

= 4%

8 0
3 years ago
Last week, the 3,000 visits to Rebecca's e-commerce site generated $600 in revenue selling products that cost her $300. What is
Leona [35]

Answer:

$0.10

Explanation:

Calculation for the amount that Rebecca should spend on a PPC advertisement for her website

Using this formula

Amount to be spend=Cost /Numbers e-commerce site visits

Let plug in the formula

Amount to be spend=$300/3,000

Amount to be spend=$0.10

Therefore the amount that Rebecca should spend on a PPC advertisement for her website will be $0.10

8 0
3 years ago
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