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2 years ago

A good that is both nonexcludable and nonrival-in-consumption is called a

Business

1 answer:

Natalka [10]2 years ago

4 0

Answer:

The answer is: Public goods

Explanation:

Public goods are provided by government entities and many times they are given for free or at a very low subsidized price. Public goods are non-excludable since everyone is entitled to use them (e.g. streetlight). Also public goods have no rivals that compete with them (e.g. law enforcement). Most of the public goods are free, but some exceptions exist like the US Mail.

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Horizontal analysis is a technique for evaluating a series of financial statement data over a period of time

coldgirl [10]

Answer:

Option C

Explanation:

In simple words, Horizontal analysis ( also referred to as pattern analysis) is indeed a method for the study of financial records that indicates improvements in the sums of the related products over a span of time. This is a valuable tool for determining pattern circumstances. The reports are being used in horizontal analysis for two different time intervals and is compared on percentage basis.

4 0

2 years ago

Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

krek1111 [17]

Answer:

$61

Explanation:

The computation of unit product cost for the month under absorption costing is shown below:-

Unit product cost = Direct material + Direct labor + Variable Manufacturing overhead + Fixed manufacturing cost

= $18 + $10 + $4 + ($255,200 ÷ 8,800)

= $61

Therefore for computing the unit product cost for the month under absorption costing we simply applied the above formula.

4 0

2 years ago

Department F had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $12,200. Of

Verdich [7]

Answer:

$2.27

Explanation:

Unit Cost =

If the average cost method is used, the materials cost per unit (to the nearest cent) would be: $2.27

5 0

2 years ago

Which of the following factors will cause the long-run aggregate supply curve to shift to the right?

dlinn [17]

D.All of the above
Because all of the above will cause it

6 0

2 years ago

Suppose the average return on Asset A is 6.9 percent and the standard deviation is 8.1 percent and the average return and standa

olasank [31]

Answer:

Explanation:

Let us follow this accordingly

a. We have that ;

Z is given as = (X-mean)/standard deviation

where X = 10, mean = 6.9 and standard deviation is 8.1 ------- for A

inputting values we have;

Z = (10-6.9)/8.1 = 0.3827

Using the NORMDIST function in excel, [NORMDIST(0.3827)] = 0.649. This is the probability of earning less than 10%.

Hence the probability of earning more than 10% = 1-0.649 = 0.351 or 35.1%

b. At less than 0%;

X = 0, mean = 6.9 and standard deviation is 8.1

Thus Z = (0-6.9)/8.1 = - 0.8519. Using the NORMDIST function in excel, [NORMDIST(-0.8519)] = 0.1971 or 19.71%.

From this, the probability of earning less than 0% = 19.71%

c. Also For B;

X = 10%, mean = 4% and standard deviation = 3.5%

inputting values gives us ;

Z = (10-4)/3.5 = 1.7143.

Using the NORMDIST function in excel, [NORMDIST(1.7143)] = 0.9568. This is the probability of earning less than 10%.

Which makes the probability of earning more than 10% = 1-0.9568 = 0.0432 i.e 4.32%

d. Als, X = 0.

Giving us;

Z = (0-4)/3.5 = -1.1429.

Using the NORMDIST function in excel, [NORMDIST(-1.1429)] = 0.1265 or 12.65%

Thus the probability of earning less than 0% = 12.65%

e. Return on A = -4.36%

Thus z = (-4.36 - 6.9)/8.1 = -1.39. NORMDIST of -1.39 = 0.0822 or 8.22%

f. Return of B = 10.7%

Thus z = (10.7% - 4)/3.5 = 1.9143.

Its NORMDIST = 0.9722

This makes the probability of earning less than 10.7%.

Thus required probability gives us = 1-0.9722 = 2.78%

3 0

3 years ago