Here is the answer. When excess demand exists for tickets to a major sporting event or a concert, profit opportunities exist for scalpers because they do work efficiently because they allow ticket prices, especially those in high demand to reach an equilibrium by supplying those who want a ticket at market price allowing them to get one, and by allowing those with utilities below the market price to <span>sell them. With their help, no tickets would be gone to waste. Hope this answers your question.</span>
Answer:
Countries have a comparative advantage in production when they can produce a good or service at a lower opportunity cost than other producers.
Answer:
depreciation rate per unit $0.34
Explanation:
To calculate the depreciation cost per unit we divide the amount subject to depreciation by the estimated untis production over its useful life:
depreciable amount:
$41,000 - $3,600 = $ 37,400
depreciation rate:
$37,400 / 110,000 units = $0.34
C. increase in the interest rate
Sales grow before any new fixed assets are needed is $156,480.
Fixed assets , additionally known as lengthy-lived assets or property, plant, and equipment, are a time period utilized in accounting for belongings and belongings that cannot without difficulty be converted into cash. fixed properties are one of a kind from modern assets, along with coins or bank accounts, due to the fact the latter is liquid belongings.
currently operating = 94 percent
current sales = $740,000
Full capacity sales = current sales/ Current capacity utilisation
= 500000/0.94
= $531,914.89
Percentage of fixed assets to full Capacity Sales = Fixed Assets / full Capacity Sales
= 400000/531914.89
= 0.752
Total Fixed assets Needed for New Sales = 74000*0.752
= 556480
Additional Fixed Assets needed = 556480 - 400000
= $156,480 answer.
Learn more about fixed assets here:-brainly.com/question/25746199
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