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SVETLANKA909090 [29]
3 years ago
13

Which of the following happens when there are market failures? A) Firms compete more leading to more efficiency. B) The invisibl

e hand automatically lowers prices and increases quality of products. C) The private sector promotes competition D) The public sector steps in to help allocate resources E) Firms temporarily seek society’s goals rather than maximize profit.
Business
1 answer:
lbvjy [14]3 years ago
5 0

Answer:

The correct answer is option D.

Explanation:

A market failure refers to the situaion where the market forces fail to efficiently allocate resources. It happens because of a number of reasons such as externalities, monopoly, asymmetrical information, tragedy of commons etc.

In case of market failure, the government has to intervene to efficiently allocate resources. The failure of price mechanism to produce goods efficiemtly results in government to intervene.

You might be interested in
A 4.30 percent coupon municipal bond has 15 years left to maturity and has a price quote of 97.85. The bond can be called in fou
yanalaym [24]

Answer:

Bond's Current Yield  4.39%

Explanation:

The bond's current yield is calculated as below:

Bond's Current Yield = Annual Coupon Payment/Current Bond Price*100

Substituting values in the above formula, we get,

Bond's Current Yield = (100*4.30%)/97.85*100 = 4.39%

6 0
2 years ago
3) Compute the annual allowable depreciation using the straight line method for a machine that costs $86,000 to purchase and $7,
iren [92.7K]

Answer:

$14,333.33

Explanation:

Depreciation is the systematic allocation of the cost of an asset to P/l as a measure of use. It is added over the years as accumulated depreciation which is deducted from cost to get the net book value of the asset. Salvage value is the estimated realizable cost of an asset after its useful life.

Depreciation = (cost - salvage value)/useful life

Cost of an asset includes all cost incurred to make the asset available for use.

Depreciation = ($86000 + $7000 - $5000)/6

= $88000/6

= $14,333.33

7 0
3 years ago
What is the double meaning in atticus' statement that "this case is as simple as black and white"?
son4ous [18]
<span>he means that it is as simple as black people being subordinate to white people



i hope this helps you
</span><span />
6 0
2 years ago
LO 1.3Which of the following terms means the ability to work in cross-functional teams in order to complete a task?
Fittoniya [83]

Answer:

collaboration

Explanation:

Supervisory skills is the ability to monitor work, duties been carried out to ensure they are successfully completed.

Conceptualization is the ability to create new ideas.

Resource planning is determining the resources needed to carry out a project.

I hope my answer helps you

7 0
3 years ago
2. Your grandfather placed $5,000 in a trust fund for you. In 12 years what will be the worth of the savings. If the estimated r
Shkiper50 [21]

With compound interest on a principal of $5,000.00 at a rate of 8% per year compounded 1 time per year over 12 years is $12,590.85.

<h3>Compound interest</h3>

Given Data

  • Principal = $5,000
  • Time = 12 years
  • Rate = 8%

Assuming a compounded interest approach

A = P + I where

P (principal) = $5,000.00

I (interest) = $7,590.85

Calculation Steps:

First, convert R as a percent to r as a decimal

r = R/100

r = 8/100

r = 0.08 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 5,000.00(1 + 0.08/1)(1)(12)

A = 5,000.00(1 + 0.08)(12)

A = $12,590.85

Learn more about compound interest here:

brainly.com/question/24924853

#SPJ1

3 0
1 year ago
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