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kramer
3 years ago
14

The presence of _____________________ in transactions involving goods can easily cause a ______________________ if the result is

only a relatively small number of buyer and sellers communicating enough information so that they can agree on a price.
A. imperfect information; thin marketB. adverse information; decline in prices or quantities of products soldC. adverse selection; decline in prices or quality of purchased goodsD. imperfect selection; thick market
Business
1 answer:
DaniilM [7]3 years ago
8 0

Answer:

The answer is letter A.

Explanation:

The presence of ___imperfect information__________________ in transactions involving goods can easily cause a _____thin market_________________ if the result is only a relatively small number of buyer and sellers communicating enough information so that they can agree on a price.

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Town A, in one hour, can produce either 4 hotdog buns, or 10 sausages. Town B, in one hour, can produce either 8 hotdog buns, or
katrin [286]

Answer:

The answer is 27 hours

Explanation:

Solution

The Comparative advantage depends on  production of the lower opportunity cost

The opportunity cost of a production is =maximum production of other good /maximum production of the good

Now,

The opportunity cost of hot dog bun for town A =10/4=2.5

Thus,

The opportunity cost of hot dog bun for town B=6/10=0.6

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The  town B has a comparative advantage in hot dog buns and A in sausages

Town A will produce-only sausages and it will take the time of  

time in hours =total required a quantity of the good /number of products in an hour

Now,

The time for Town A for sausages=120/10=12 hours

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Therefore, The total time =12+15=27 hours.

6 0
3 years ago
Dollar General Corporation operates general merchandise stores that feature quality merchandise at low prices. All stores are lo
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Dollar General Corporation operates general merchandise stores that feature quality merchandise at low prices. All stores are located in the United States, predominantly in small towns in 24 midwestern and south eastern states. In the current year, the company reported average inventories of $ 1,668 million and an inventory turnover ratio of 8.0.

Fixed assets turnover ratio = 9.04 Net sales / Avera.

This ratio divides net sales by net fixed assets, calculated over an annual period. The net fixed assets include the amount of property,

Using Fixed Assets turnover ratio, we can find the net sale

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Net sale is=$ 2,098 × 1218674000

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Learn more about turnover ratio  here

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6 0
1 year ago
Assume that shareholder's required rate of return (r) is 9%. Dr. Pepper is expected to pay a dividend of $2.00 per share (D1) ne
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P=$40

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G is the constant growth  4%

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In the airline industry, the exit barrier of offering international routes restricts movement between hub-and-spoke and point-to-point airlines.

<h3>What is the exit barrier?</h3>

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