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4 years ago

How do buyers choose between products in perfect competition?

1 answer:

8 0

Here is what buyers do in order to choose. <span>The thing that drives all choices is consumer’s interest in the market transaction and this is often reduced to that of gaining the maximum amount of the good in question for the minimum amount of money. It is said that theories support the idea that consumers cannot choose between goods on the basis of quality, since goods are taken to be homogeneous. So they choose by means of how mcuh interest they have in an especific product. </span>

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The tax assessment ratio for a house valued at $250,000 is 80%. If the tax rate is $2.00 per $100 what is the annual tax?

frosja888 [35]

Answer:

$4,000

Explanation:

First, you have to determine the 80% of $250,000:

$250,000*0.8= $200,000

Then, you can use the rule of three to determine the annual tax:

$2→$100

x ← $200,000

x=(200,000*2)/100=$4,000

According to this, the answer is that if the tax rate is $2.00 per $100, the annual tax is $4,000.

3 0

3 years ago

The rate the fed charges member banks for short-term loans is called the ________.

Bingel [31]

The rate of interest the Federal Reserve charges banks for short-term loans is called the
discount rate.

5 0

3 years ago

A portfolio is comprised of two stocks. Stock A comprises 65% of the portfolio and has a beta of 1.21. Stock B has a beta of .95

Lapatulllka [165]

If a portfolio is comprised of two stocks. Stock A comprises 65% of the portfolio and has a beta of 1.21. The portfolio beta is 1.119.

<h3>Portfolio beta</h3>

Using this formula

Portfolio beta=(Stock A portfolio×beta)+[(1-Stock A porfolio)× Stock B beta]

Let plug in the formula

βp = (.65 × 1.21) + [(1 - .65) × .95]

βp = (.7865) + [.35 × .95]

βp= .7865+ .3325

βp = 1.119

Therefore the portfolio beta is 1.119.

Learn more about portfolio beta here:brainly.com/question/14986133

8 0

2 years ago

Under what section of the Statement of Cash Flows would you classify the purchase of equipment by issuing a long-term note payab

denpristay [2]

Answer:

The correct option is d. Non cash activity

Explanation:

Operating Activity: The operating activity is that activity which records any changes ion the working capital or we can say increase or decrease in the currents assets and current liabilities.

Investing Activity: The investing activity records all those transactions which are related to the purchase and sale of fixed assets

Financing activity: It records those transactions which is for the long term i.e issue of shares, the redemption of debentures, etc.

All these three activities are term as cash activities because it includes cash transactions.

So, in the given question it is mentioned that the purchase of equipment by issuing a long-term note payable which is a non-cash activity because it does not have any cash transaction. It does not affect the cash balance.

Thus, under non-cash activity, we classify the purchase of equipment by issuing a long-term note payable

Hence, the correct option is d. Non-cash activity

7 0

4 years ago

Prior to the 1870s, both gold and silver were used as international means of payment and the exchange rates among currencies wer

SashulF [63]

Answer:

the exchange rate between U.S. dollar and German mark be under this system will be of 3 U$D = 1 german mark

Explanation:

We will use gold and silver as a mean to equalize both currencies:

<u>First equivalence between silver and gold:</u>

90 francs = 1 ounce of gold

9 franc = 1 ounce of silver

90/9 = 10 ounce of silver equals 1 ounce of gold.

<u>Now, we convert the german mark to gold:</u>

1 german mark = ounce of silver

10 german mark = ounce of gold.

<u>Finally, we equalize with the US dollars:</u>

30 dollar = ounce of gold = 10 german mark

30 dollars = 10 german mark

3 dollars = 1 german mark

4 0

3 years ago