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3 years ago

The situation in which a person places greater value on a good as fewer and fewer people possess it is called the

Business

1 answer:

Phantasy [73]3 years ago

6 0

Answer:

The correct answer is: Snob effect.

Explanation:

The Snob effect is a phenomenon that tries to explain why the demand for a good or service increases in the high-income sector while it decreases substantially in the low-income sector. This scenario is created when people need access to rare or exclusive goods or services.

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In explaining hedge funds to an investor, a registered representative might correctly characterize them as utilizing:____.

Dimas [21]

In explaining hedge funds to an investor, a registered representative might correctly characterize them as utilizing common stockholders.

The potential for the greatest loss determines the riskiest situation.
The inherent nature of leverage in futures trading is one of the main dangers involved. The most frequent reason for losses in futures trading is frequently a disregard for leverage and the dangers involved.

Common stockholders always bear the most risk because they are the last to be compensated in the event of business liquidation. However, if the company is successful, common stockholders could stand to gain the most from ownership.

Learn more about common stockholders here

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4 0

2 years ago

Is it possible for a country to have a comparative advantage in producing a good without also having an absolute advantage? A c

arlik [135]

A country would have a comparative advantage to produce a good if the cost of producing this good, even if it produces efficiently, is higher than that of other countries.

Explanation:

The Competitive Vantage Principle explains how an individual produces more commodities and uses fewer goods with a comparative advantage under freer trade.

For example, the comparative advantage of oil-producing countries in chemical products. Compared to countries that are not there, the local manufactured oil is a cheap source of chemicals.

It can produce products with fewer resources, which offers countries a comparative advantage at lower incentive costs. The PPF's gradient reflects the cost of output capacity. Improving one good's production means producing less of one.

8 0

3 years ago

Lawn Chopper Company sells two types of lawn mowers. The first one is a basic lawn mower, which has variable costs of $50 and se

Temka [501]

Answer:

See below

Explanation:

Breakven even point is computed as

= Fixed costs / ( Sales price per unit - Variable costs per unit)

For basic lawn mower, Given that;

Fixed cost = $5,000,000

Sales price per unit = $150

Variable costs per unit = $50

BEP = $500,000 / ($150 - $50)

BEP = $500,000 / $100

BEP = 5,000 units

For Riding tractor, given that;

Fixed costs = $500,000

Sales price per unit = $1,500

Variable cost per unit = $500

BEP = $500,000 / ($1,500 - $500)

BEP = $500,000 / $1,000

BEP = 500 units

It therefore means that 5,000 units of basic Lawn mower must be sold to break even, while 500 units of riding tractor must be sold to break even.

7 0

3 years ago

Oriole Company sells three different categories of tools (small, medium and large). The cost and market value of its inventory o

Vladimir79 [104]

Answer:

$440,140

Explanation:

According to the accounting principle, the inventory should be valued at lower of cost or market value. The calculation is shown below:

Cost Market Lower value

Small $68,650 $56,490 $56,490

Medium $283,710 $237,140 $237,140

Large $146,510 $177,300 $146,510

Total $440,140

Hence, the ending inventory would be valued at $440,140

5 0

3 years ago

Consider the following investment projects. Assume that MARR = 15%. n Project 1 Project 2 Project 3 Year 0 -$1,000 -$5,000 -$2,0

11Alexandr11 [23.1K]

Answer and Explanation:

For project A 1000=500/(1+r) +2500/(1+r)^2

r=.85= 85%

for B r=57.5%

for C r= 44.2%

preference

A>B>C

8 0

3 years ago