Answer:
Finland has a free-market economy
Explanation:
The fact that would most support this conclusion is that Finland has a free-market economy. A free market is an economic system characterized by a spontaneous and decentralized order of arrangements by individuals allowing them to make their own economic decisions based on supply and demand in that current time with little or no government control in the matter. This is an economic system that can only work in a developed economic nation.
Answer: The correct answer is option B; Add D2 to the right of D, showing an increase in demand and increase in equilibrium price.
Explanation: The demand for a commodity is usually affected either positively or negatively by some factors or determinants. Foremost among the factors of demand is price of the commodity. Other factors include;
(a) Price of substitute commodities
(b) Consumers preferences
(c) Population
(d) Weather conditions
(e) Advertising
In the question above, the use of a popular actor as the spokesperson of the product is a form of advertising that is intended to improve upon the perception of the commodity and hence encourage consumers to buy more of it. If the popular personality endorses a product, there is an almost one hundred percent likelihood that consumers would see the product as a preferred choice and this would cause the demand to go up or increase.
An increase in the market demand would be signified by the outward shift of the demand curve to the right from D to D2. Since the x-axis shows the quantity demanded increasing towards the right hand side, then an increase in market demand would be reflected by a shift of the demand curve to the right.
As a result of that, the price would now move from P to P2 which shows an increase in equilibrium price. Also the quantity demanded would move from Q to Q2 which also indicates an increase in demand.
Answer:
The answer is: B) In most cases dividends are paid semi-annually
Explanation:
Preferred dividends:
- are paid before common dividends,
- usually yield higher rates,
- and are paid in shorter terms.
In most cases they are paid on a monthly or quarterly basis. Semi-annual payments occur once every 6 months (or twice a year) and for preferred dividends that is usually considered a long time.
Answer:
add 4 to 983
Explanation:
4 to 983 to the power of 50
Answer:
C. Pull the hamburger off the menu and treat the development and promotion expenditures as a sunk cost.
Explanation:
As they have already spent millions of dollars to develop and promote a new hamburger on their menu and they have come to a conclusion that consumers are not going to buy their hamburger because they did't like the taste. From an economic perspective, the company should pull the hamburger off the menu and treat the development and promotion expenditures as a sunk cost. They should not continue wasting and putting more time and efforts into the project, if they continuing doing so then it will termed as an escalating commitment which is the the tendency of organizations to invest time and money in a solution despite strong evidence that is not appropriate. It occurs when one person does not stop putting and allocating resources, time and efforts to a failing project or plan or action. For example, if we continue working for the employer which we do not like, companies continue to invest in a technology which is no longer needed or is going to be eroded in the very near future etc. Here they should take off it from the menu and treat its cost as a sunk cost which is not going to be recovered in any way.
