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Mrac [35]
3 years ago
13

You would like to purchase one Class A share of Berkshire Hathaway through your Scottrade brokerage account. Scottrade charges a

​$6 commission for online trades. You log into your​ account, check the​ real-time quotes for Berkshire Hathaway​ (you see a bid price of ​$262 comma 875 and an ask price of ​$263 comma 810​) and submit your order. a. What is the current​ bid/ask spread for Berkshire Hathaway Class A​ shares?
Business
1 answer:
Bumek [7]3 years ago
5 0

Answer:

The current​ bid/ask spread for Berkshire Hathaway Class A​ shares is $935

Explanation:

The computation of the current bid/ask price is shown below:

The Current bid/ask price = Ask price - Bid price

                                   = $263,810 - $262,875

                                   = $935

The commission amount should be ignored in the computation part. Hence, it will not be considered as it is not relevant.

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The price of one country currency expressed in another country currency definition
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The price of one country's currency expressed<span> in terms of </span>another country's currency<span> is: A. by </span>definition<span>, </span>one<span> unit of </span>currency<span>. ... A. exchange rate between the U.S. dollar and </span>another currency<span>. B. exchange rate between two </span>currencies<span>, neither of which is generally the U.S. dollar.21</span>
8 0
4 years ago
3. For a nonrival good like pay-per-view television programs, the private market will lead to: consumption of too much of the go
GalinKa [24]

Answer: It will lead to consumption of too much of the good.

Explanation: The Scenario displayed here is a Monopolistic Market operated by the pay per view television programs E.g Multichoice

5 0
4 years ago
The Central Publishing Company is about to publish its first reference book in managerial economics. It is now in the process of
S_A_V [24]

Answer:

Total Cost is the cost that is fixed and does not vary directly with the level of output. According to this question typesetting, printing, editing, reviews, promotion, and advertising are fixed costs. The total fixed cost here is $100000.

Total Variable Cost is the costs that vary directly with the level of output. Variable costs are incurred on variable factors. The Total Variable Cost here is $49000.

Marginal cost is addition to the total cost when one more unit of output is produced.

<u>EQUATIONS </u>

TC = 100000 + 4.9Q

ATC = 100000 + 4.9Q / Q

AVQ = 4.9Q / Q

MC = Change in Total Cost / Change in Quantity = 4.9

<u>GRAPH</u>

Is attached as picture.

Conclusion: The AVC and MC both are equal to 4.9.

6 0
3 years ago
The budget that estimates a firm's projected cash inflows and outflows, as well as cash shortages or surpluses during a given ti
lapo4ka [179]

Answer:

Cash budget

Explanation:

A budget is a financial plan that calculates a firm's expectations and uses that information to allocate the expectations to specific needs of the firm, to ensure its efficient and smooth running over a given period of time.

A cash budget as seen above is a type of budget that projects a firm's expectations cash-wise (inflwo and outflow), shortages and surpluses during a given period (say one year or two years, etc.).

Cheers.

7 0
3 years ago
Which of porter’s five forces was likely the most powerful factor influencing the failure of blackberry?
Vladimir79 [104]

Answer is the  threat of substitute products or services.

Rivalry among the existing competitors was not a significant factor in the BlackBerry's downfall because they were not able to produce any form of alternative to the iPhone, and the users switched from the BlackBerry phones to the iPhones. The danger of replacement products is one of the Porter's five factors, and it indicates that there are alternative items that are likely to steal the company's market share. The downfall of the BlackBerry was caused by the  substitute product in the shape of the iPhone.

All of the other allegations are untrue because there were no new entrants and the suppliers threatened because they were unable to upgrade their product.

Therefore, (B) Threat of substitute products or services is the correct answer is the correct answer.

To know more about porter five forces analysis click here:

brainly.com/question/15059432

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8 0
2 years ago
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