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notka56 [123]
3 years ago
14

Rhonda would like to sell her existing digital camera to upgrade to a more sophisticated one by advertising on the bulletin boar

d in the student center. She decides against it because the used digital cameras listed on the board are underpriced. This describes the problem of________.
Business
1 answer:
Nezavi [6.7K]3 years ago
4 0

Answer:

Rhonda would like to sell her existing digital camera to upgrade to a more sophisticated one by advertising on the bulletin board in the student center. She decides against it because the used digital cameras listed on the board are underpriced. This describes the problem of__Adverse selection______.

Explanation:

Adverse selection is the situation whereby one party in a negotiation process has the relevant, important, and necessary information that the other party lacks about product and services, usually in favor of the seller.

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Assume a firm in a competitive industry is producing 800 units of output, and it sells each unit for $6. Its average total cost
Sveta_85 [38]

Answer:

Profit= $1600

The profit which firm is generating is $1600.

Explanation:

Formula:

Profit= Total Selling Cost- Total Actual Cost

Profit= (Price at which unit is sold*Number of units) - (Average cost*Number of units)

In our case:

Number of units=800 units

Price= $6

Average cost= $4

Profit= ($6*800) - ($4*800)

Profit= ($4800) - ($3200)

Profit= $1600

The profit which firm is generating is $1600.

8 0
3 years ago
The Red Bud Co. pays a constant dividend of $2.40 a share. The company announced today that it will continue to do this for anot
ElenaW [278]

Answer:

$4.44

Explanation:

P0 = $2.40 / 1.08+ $2.40 / 1.08 = $4. 44

5 0
3 years ago
70 Marketing Dynamics .. .. : : . . : Part 4: Be Your Own Leader Leaders on a Top Secret Mission On December 6, 2011, a woman wa
egoroff_w [7]
Not trying to be rude but that’s too much for too little amount of points
That’s technically an entire book page of reading
4 0
2 years ago
A house sold for $39,379. The buyer paid 20% down. Monthly interest on the loan was $229.69. What was the annual interest rate o
djverab [1.8K]

Answer:

8.75%

Explanation:

The annual interest rate will be computed as follows:

Loan amount = Proportion of loan X Price of house

Loan amount = 80% X $39,379 = $31,503.2

Annual interest = $229.69 X 12 = $2,756.28

Annual interest rate                     = ($2,756.28/ $31,503.2) X 100%

                                                      = 8.75%

4 0
3 years ago
A(n) ________ report is a general report of the applicant's finances, character, morals, work, hobbies, and other habits.
VashaNatasha [74]

The correct answer is the inspection report. It is because the inspection report covers of the information regarding about the applicant in terms of their character, the people associated with them and as well as the hobbies or anything related that could be based on their work.

6 0
3 years ago
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