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ioda
3 years ago
14

Why does the government provide public goods and services, redistribute income, protect property rights, and resolve market fail

ures in market economic systems?
Business
1 answer:
Travka [436]3 years ago
3 0
Public Goods and Services are goods and services that cannot be easily restricted to those that pay for them. Income redistribution is distribution wealth and income to over half the nations income in wages. Property rights are legal ownership rights to protect property from the government. Market failures are private police or military that imperfect information in the market. 
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Pioneer Chicken advertises "lite" chicken with 30% fewer calories than standard chicken. When the process for "lite" chicken bre
zubka84 [21]

Answer:

LL = 420 -3\frac{25}{\sqrt{25}}= 405 represent the lower limit

UL = 420 +3\frac{25}{\sqrt{25}}= 435 represent the Upper limit

So then the limits for this case are (405, 435)

Explanation:

Let's define X as our random variable that represent the "number of calories for a chicken breast", and we have the following data:

\bar X = 420 , \sigma= 25

The select a sample of 25 chickens , n = 25. And we want to find the limits for a confidence interval within 3 deviations from the mean with z =3.

We assume that the distribution for X is normal. So then the distribution for the sample mean is also normal.

And for this case the confidence interval would be given by:

(\bar X -z\frac{\sigma}{\sqrt{n}} < \mu < \bar X -z\frac{\sigma}{\sqrt{n}})

So the limits are defined as:

LL = \bar X -z\frac{\sigma}{\sqrt{n}} represent the lower limit

UL = \bar X +z\frac{\sigma}{\sqrt{n}} represent the Upper limit

Since we have all the values given we cn replace like this:

LL = 420 -3\frac{25}{\sqrt{25}}= 405 represent the lower limit

UL = 420 +3\frac{25}{\sqrt{25}}= 435 represent the Upper limit

So then the limits for this case are (405, 435)

5 0
3 years ago
Arnell Industries has $35 million in permanent debt outstanding. The firm will pay interest only on this debt. Arnell's marginal
gladu [14]

Answer:

a. Annual Interest tax shield = Debt * Interest * Tax Rate

Annual Interest tax shield = $35 million *9% *30%

Annual Interest tax shield = $0.945 million

b. PV of tax shield = $35 million *9% *30% / 9%

PV of tax shield = $10.50  million

c. PV of tax shield at 7% = 35million *7% *30% / 7%

PV of tax shield at 7% = $10.50 million

7 0
3 years ago
Groups are select one:
sergij07 [2.7K]
This is a logical question m8 the answers A
5 0
3 years ago
a type of group that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called
Rus_ich [418]

A type of <u>group</u> that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called an association or labor group. This is further explained below.

<h3>What is a constitution?</h3>

Generally, the government is guided by a set of basic principles or precedents that are accepted by the public.

In conclusion, Association and labor groups are two types of groups that have a constitution and <em>bylaws</em> and have been formed for a reason other than getting insurance.

Read more about the constitution

brainly.com/question/19411179

#SPJ1

5 0
2 years ago
Turner Inc. produces two products P1 and P2. The company has provided you with the following information. Assume that the curren
Nesterboy [21]

Answer:

B. The operating leverage for Turner now is 0.47  ⇒ TRUE

operating leverage = fixed costs / total costs = $240,000 / $510,000 = 0.47

C. Turner makes a contribution of $0. 57 per dollar of revenue, on the average.  ⇒ TRUE

total contribution margin = ($20 x 9,000) + ($30 x 6,000) = $180,000 + $180,000 = $360,000

total revenue = $630,000

contribution margin per $ of revenue = $360,000 / $630,000 = $0.57

D. Turner will break even when it reaches a revenue of $420,000.  ⇒ TRUE

break even point in $ = (6,000 x $30) + (4,000 x $60) = $180,000 + $240,000 = $420,000

Explanation:

A. 40% of Turner's revenue comes from P2  ⇒ FALSE

total revenue = $270,000 + $360,000 = $630,000

revenue from P2 = $360,000, which represents 57.14% of total revenue

E. The breakeven volume for Turner is 9,334 units ⇒ FALSE

in order to calculate break even point, we can prepare a bundle of products = 3P1 + 2P2

contribution margin per bundle = $120

break even point = $240,000 / $120 = 2,000 bundles

6,000 P1 and 4,000 P2

7 0
3 years ago
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