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kakasveta [241]
4 years ago
7

A ________ externality exists when the number of customers who purchase a good or use it influences the quantity demanded.

Business
1 answer:
aleksandrvk [35]4 years ago
3 0

Answer: network

Explanation:

Network externality simply states that demand for a good or service has to do with how other people demand for that particular good or service. It means consumer's buying patterns are influenced by the purchase of others buying the product.

Therefore, a network externality exists when the number of customers who purchase a good or use it influences the quantity demanded.

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As of 2015, the citizens of Zimbabwe had an average life expectancy of 61 years. A sudden increase in the quality of health care
lilavasa [31]

Answer: Increase in Supply of Loanable funds

Explanation:

With people now living longer in Zimbabwe, they will need a way to sustain their selves in their old age. This will lead to them saving more money in pensions and other financial instruments presented by banks.

These banks will then use this money that these people have saved to create loans for entities in the economy thereby increasing the supply of loanable funds and reducing interest rates.

3 0
3 years ago
Need help!
Romashka [77]

Answer:

1. Journal entries are quicker and more comfortable in the manual accounting

2. Posting is easier in computer software-based accounting

3. Trial balance adjustment in manual accounting is tricky. However, a lengthy process may pose a challenge for computerized accounting.

4. Financial statements are more straightforward in software-based accounting than manual accounting

Explanation:

The introduction of accounting software such as QuickBooks has transformed the working for accounting professionals. The conventional accounting system replacement has made the job more comfortable. However, there are new challenges added, such as learning the software, making error-free inputs, and pace of computer-related entries. However, considering that once these skills are learned, the overall job is easier than before.

1. Journal entries in manual are made quicker, and errors can be rectified. However, entries are linked automatically to their respective ledgers that solve the challenges with compound entries

2. Posting is simpler in software as the general ledger is created on a single click. Manual posting requires time and efforts

3. Adjusted entries need to manual input in conventional method to create the adjusted trial balance whereas, in software, its added through adjusting journal entries.

4. Financial statements are much more straightforward in software as they are available on one click, whereas in manual accounting, they are required to be calculated.

4 0
3 years ago
Suppose that a European call option to buy a share for $120.00 costs $6.00 and is held until maturity. Under what circumstances
Genrish500 [490]

Answer:

Only if the stock price is greater than \$126.00

Explanation:

-Ignoring time value of money, the stock's holder will only make a profit if the stock price at time of maturity is greater than \$126.00.

-Price must be greater than total cost ($120+$6) of buying the option.

-The option will not be exercised if the stock price is between $120 and $126. If exercised at these prices, the holder will make a loss.

8 0
4 years ago
Prepare schedules of cost of goods manufactured and cost of goods sold.
Aneli [31]

How to prepare schedules of cost of goods manufactured and cost of goods sold is explained below.

The cost of goods manufactured (COGM) is a calculation used to determine whether production costs are excessively high or excessively low when compared to revenue.

The equation computes the manufacturing costs associated with goods completed during a specific time period.

In other words, the total cost for a company to convert inventory into finished product.

Management can analyze each individual player in the COGM formula by having a clear picture of what a company is manufacturing.

The company's net income can then be maximized by making adjustments.

Overall, COGM provides critical information to the company: cost elements.

Furthermore, COGM contributes to a company's overall clarity and planning.

It enables the company to plan and modify its product pricing strategy.

It provides an accurate year-to-year comparison of manufacturing operations.

It will allow for the planning of resource use and output volume for each period.

The schedule of cost of goods manufactured and cost of goods sold is given in the attached image.

Hence, refer to the image to know about schedules.

Learn more about cost of goods manufactured:

brainly.com/question/14610175

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3 0
2 years ago
Look at the circular flow diagram. Choose and define an environmental issue. Using the diagram as a guide, explain how the envir
zhuklara [117]

Answer:

Oil spills in fishery areas.

When spills occur the affect the fauna and flora of the ocean the result is the diminish of the quantity of fish available to fishermans and in some cases the total lost of an area for fishery purposes.

This affectation of the factor market end ups creating contingencies for the business associated to the final product market in this case restaurants as the supply of certain fishes cannot be maintained and the lack of the product increase costs that would strongly impact businesses that do not have an strong financial position.

4 0
3 years ago
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