Answer:
less than the marginal social cost of providing it.
Explanation:
A market produces too much of a good when the price of the good is less than the marginal social cost of providing it.
No consumer would willingly pay for an efficient quantity of a public good, because the marginal benefit to a consumer is less than the marginal social benefit.
Also, If the marginal social benefit received from a good is less than the marginal social cost of production, then society's well-being can be improved if production decreases.
Answer:
B) issued by and representing an interest in or a debt of, or guaranteed by, any bank organized under the laws of the United States, or any bank, savings institution, or trust company organized and supervised under the laws of any state.
Explanation:
The Uniform Securities Act ( USA ) is a model statute or legal framework designed to guide each state of the United States of America in drafting and balancing both state and federal regulatory securities law. It is used in the United States of America to prosecute all fraud relating to buying and selling of securities.
Under Section 401 of the Uniform Securities act, the term "agent" does not include an individual who represents an issuer in effecting transactions in a security issued by and representing an interest in or a debt of, or guaranteed by, any bank organized under the laws of the United States, or any bank, savings institution, or trust company organized and supervised under the laws of any state.
<em>However, under Section 401 of the Uniform Securities act, the term "agent" means any individual other than a broker-dealer who represents a broker-dealer or issuer in effecting or attempting to effect purchases or sales of securities.</em>
Answer:
C. penetration pricing
Explanation:
Penetration pricing is a marketing strategy where price is set to a low amount in order to get a large portion of the market within a short time.
It is based on the logic that consumers will prefer to buy goods at lower prices.
Penetration pricing is used to get market share and profits are gained at scale. That is small profits on each sale, and when there is large sales turnover profit will be high.
Answer:
B) Tom's statements provide grounds to set the contract aside.
Explanation:
When we are talking about setting a contract aside, it means that the contract is voidable. A voidable contract is valid until one of the parts decides to void it. In this case, if Victoria decides to purchase Tom's car and later discovers that he lied about the price, she can void the contract and return the car to get her money back.
What Tom is doing is basically lying about the material facts of the product that they are bargaining and it represents a valid reason for voiding the contract.
Answer and Explanation:
The computation is shown below
1. Past Growth rate in earnings is
= ($6.14 ÷ $3.87 ^(1 ÷ 5) - 1
= 1.5866 ^ (1 ÷ 5) - 1
= 1.0967 - 1
= 9.67%
b. The next year dividend is shown below:
Current year dividend = $3.68
So,
Expected dividend next year is
= $3.68 × (1 + 9.67%)
= $4.04
c. Now
Cost of retained earnings = (Expected dividend ÷ Current stock Price) + Growth rate
= ($4.04 ÷ $36) + 9.67%
= 20.89%
We simply applied the above formulas