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
Verdich [7]
3 years ago
8

Market failure occurs when A. the market system fails to allocate resources to each individual according to their needs. B. the

market system fails to allocate resources to each individual according to their abilities. C. the market system fails to allocate an equal share of resources to all individuals. D. the unrestrained market economy leads to too few or too many resources going to a specific economic activity.
Business
1 answer:
ira [324]3 years ago
7 0

Answer:

b. the market system fails to allocate resources to each individual according to their abilities.

Explanation:

In economics, market failure is a situation in which the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.

You might be interested in
The expected return on a portfolio: Group of answer choices can be greater than the expected return on the best performing secur
Slav-nsk [51]

Answer:

is limited by the returns on the individual securities within the portfolio

Explanation:

Portfolio is simply defined as a list of securities showing how much is (or will be) invested in each of them.

The expected return on a portfolio is calculated as the weighted average of the expected returns on the securities that the portfolio involves. The weight of each security is the a Portion or a fraction of wealth invested in that security. Expected return on a portfolio of N securities is: rp= sum (Xr).

Expected Return is usually based on anticipated income and anticipated capital appreciation.

6 0
3 years ago
The following totals for the month of April were taken from the payroll register of Durbin Company. Salaries $12,000 Social secu
Katarina [22]

Answer:

debit to payroll tax for $798

Explanation:

From the given information:

The following totals for the month of April were taken from the payroll register of Durbin Company.

Salaries                                                                 $12,000    

Social security and Medicare taxes withheld           550

Employees federal income taxes withheld              2500

Medical insurance deductions                                    450

Federal unemployment taxes                                        32

State unemployment taxes                                           216

The objective is to determine the journal entry to record the payroll tax expense on April 30

Let;s recall that for taxes charged in employers; the following taxes will be considered:

Social security and Medicare taxes

Federal unemployment taxes  

State unemployment taxes

Thus;

The journal entry to record the payroll tax expense on April 30 can be prepared as:

Account                                                Debit                Credit

Payroll tax expense                             798

Social security and Medicare taxes                               550

Federal unemployment taxes                                           32

State unemployment taxes                                             216

Hence;

The journal entry to record the payroll tax expense on April 30 would include a debit to payroll tax for $798

4 0
3 years ago
Fess Hardware Store had net credit sales of $8,500,000 and cost of goods sold of $5,000,000 for the year. The Accounts Receivabl
polet [3.4K]

Answer: 12.5 times

Explanation:

The accounts receivable turnover tells you how effective your company's collection mechanism is.

Accounts Receivable turnover = net credit sales/accounts receivables

= 8500000/600000+760000 = 12.5 times.

5 0
3 years ago
Assume the probability of a pessimistic, most likely and optimistic state of nature is .25, .45 and .30, and the returns associa
Snowcat [4.5K]

Answer:

E) none of the above

12.70% and 2.49% standard deviation

Explanation:

We multiply probability by the outcome to get the weighted amount, we add them and get the expected return.

probability outcome weighted

0.25          0.10   0.0250

0.45          0.12   0.0540

0.30          0.16   0.0480

expected return  0.1270

Now that we got the expected return at 12.7%

We now subtract the possible outcome with the expected return and square them:

(0.127-0.1)^2

(0.127-0.12)^2

(0.127-0.16)^2

Then we add them and divide by the sample which is 3

0.000622  

²√ 0.000622   = 0.024944383

<u><em>Final step,</em></u> will be the square root which gives the standard deviation

of 2.49% = 0.024947  

3 0
3 years ago
The following are the trial balance ind the other information related to Perez Consulting Engineers. Perez Consulting Engineers
Leya [2.2K]

Answer:

Hi

Explanation:

Hi

3 0
3 years ago
Other questions:
  • Crowl Corporation is investigating automating a process by purchasing a machine for $809,100 that would have a 9 year useful lif
    15·1 answer
  • Having low credit score can make it more difficult to
    6·2 answers
  • Overnight loans from one bank to another for reserve purposes entail an interest rate called the
    6·1 answer
  • You run a small classroom market experiment with only three buyers and three sellers. The willingness to pay​ (reservation value
    8·1 answer
  • The assumption of continuity says that:
    14·2 answers
  • Tempest Co. purchased 60, 6% Ulrich Company bonds for $60,000 cash. Interest is payable semiannually on July 1 and January 1. If
    10·1 answer
  • What is the primary purpose of insurance
    7·2 answers
  • ________ are persons who act as catalysts and assume the responsibility for managing refinement activities.A) Early adoptersB) F
    11·1 answer
  • In order to explain human behavior or make valid predictions, organizational behavior (ob) concepts must reflect: _______.
    13·1 answer
  • When power or influence within an organization flow to individuals or leaders who have the ability to help an organization or gr
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!