An example is driving only while wearing corrective lenses for eyesight. This is to ensure the driver can see the road and the other cars and pedestrians clearly to ensure his/her own safety and that of other drivers and pedestrians on the road.
Answer:
b. Ticket prices will be higher because each team is a monopoly in the city.
Explanation:
A monopoly is when there is only one firm operating in an industry. Monopoly usually have market power. They have the ability to set market prices. They usually earn economic profit in the long and short run.
Monopolies are not faced with any competition because they are the only firms operating in an industry.
Because there are usually only one major league in each town, the teams are monopolies, they have the ability to set high prices and do not face competition.
I hope my answer helps you
Answer:
10.03%
Explanation:
Using the dividend discount formula, find the cost of equity; r
whereby,
D1 = Next year's dividend = 5.29
P0 = Current price of the stock = 79.83
g = growth rate of dividends = 3.40% or 0.034 as a decimal
Next, plug in the numbers to the formula above;
As a percentage, r = 10.03%
Therefore, the company's cost of equity is 10.03%
Answer:
Product costs are mostly prime costs (Variable cost). Now lets check where this misclassification occurs.
There are 3 stages of absorption costing.
Stage 1: Allocation
Stage 2: Apportionment
Stage 3: Absorption
Misclassification of product cost of product A occurs at Stage 1.
This means that the share of product cost of A, which is misclassified as selling cost will be equally shared with other products in the stage 2. This sharing of cost will lower the average cost per unit of product A and increase the average cost per unit of other products. Hence, Its true.
Answer:
A) Taxing income results in deadweight loss, and purchasing health care on one's own doesn't result in deadweight loss.
Explanation:
When you have a market in equilibrium and a new tax is set, this will always result in a deadweight loss. But individual's are free to spend their money in whatever legal good or service they need or want, so when they purchase health care by themselves there is no deadweight loss.
