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3 years ago

If the current allocation of resources in the market for wallpaper is efficient, then it must be the case that

Business

1 answer:

Nadya [2.5K]3 years ago

5 0

Answer:

b. the market for wallpaper is in equilibrium.

Explanation:

Efficient allocation of resources means that the cost to produce the last unit of wallpaper and the benefit from that unit equals.

It must be the case that the cost of obtaining the product (which is equal to the benefit to the buyers) is the same as the cost of producing the product. That is the price.

The quantity where demand and supply meets in the equilibrium quantity (supply curve intersect demand curve)

That's the market equilibrium, where the price and quantity that buyers are willing to buy and suppliers are willing to sell is the same.

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A firm is weighing three capacity alternatives: small, medium, and large job shop. Whatever capacity choice is made, the market

Dvinal [7]

Answer:

<u>Since expected payoff for large job shop option is highest, firm should make large job shop option as capacity choice</u>

Explanation:

Expected payoff of any capacity alternative

= Probability of moderate acceptance x Payoff of moderate acceptance + Probability of strong acceptance x Payoff of strong acceptance

= 0.40 x Payoff of moderate acceptance + 0.60 x Pay off of strong acceptance

Thus Pay off for small job shop option

= 0.40 x 24000 + 0.6 x 54000

= 9600 + 32400

= $42,000

Pay off for medium job shop option

= 0.40 x 20000 + 0.60 x 64000

= 8000 + 38400

= $ 46,400

Pay off for large job shop option

= - 0.40 x 2000 + 0.60 x 96000

= - 800 + 57600

= $56,800

7 0

2 years ago

Karishma and Stephen, co-owners of Roundtree Corporation, are discussing a new benefits package they are considering for their e

nalin [4]

Stephen should be more concerned with the shareholder management theory and Karishma should be more concerned with the stakeholder management theory.

The following information should be considered:

For shareholder:

It is the owners of the company,
It could be equity or preference shareholder.
It should be considered when they are limited by shares.

For stakeholder:

They are not the owners but have an interest in the company.
Each company contains the stakeholder.
It includes the creditors, government, etc.
It should be considered for the performance of the company.

Therefore we can conclude that Stephen should be more concerned with the shareholder management theory and Karishma should be more concerned with the stakeholder management theory.

Learn more about the management here: brainly.com/question/14874943

6 0

2 years ago

The conversion price of CRX’s convertible ($1,000 par) subordinated debentures is $40 and the present market price of CRX common

Tom [10]

Answer:

$1,200

Explanation:

For this question, we use the unitary method that is shown below:

Given that

Conversion price = $1,000 par

And, the subordinated debentures is $40

And the present market price is $48

So, the present conversion value is

= Conversion price × the present market price ÷ the subordinated debentures

= $1,000 × $48 ÷ $40

= $1,200

5 0

3 years ago

On june 1, Scooter company purchased equipment at a cost of $120,000 that has a depreciable cost of $90,000 and an estimated use

jeyben [28]

Answer:

The correct answer is b. $30,000.

Explanation:

The depreciation is systematic allocation of cost of asset over its useful life. In straight line method cost is allocated evenly during the period of asset usage. Detail calculations are given below.

Depreciation expense = Cost of asset/Useful Life

= 90,000/3

= 30,000

5 0

2 years ago

Jane, an employee at Paulson, has been promoted recently due to the huge success of two projects she had delivered that generate

Ronch [10]

Answer:

Distributive is the correct answer.

Explanation:

6 0

3 years ago