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3 years ago

.Consumers are better off with pricing in the following order: 1); 2); 3).

Business

1 answer:

rosijanka [135]3 years ago

6 0

Answer:

Option (A) is correct.

Explanation:

(i) Competitive market

(ii) Single price monopoly

(iii) perfect price discrimination

Consumer surplus are the highest in the perfectly competitive market conditions as compared to single price monopoly because prices are determined by the market forces and firms are the price taker.

Consumer surplus is zero when there is a perfect price discrimination because price is charged according to the willingness of the consumer.

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Suppose a mutual fund qualifies as having moderate risk if the standard deviation of its monthly rate of return is less than 3%

marusya05 [52]

Answer:

There is sufficient evidence to conclude that the fund has moderate risk at the 0.05 level of significance

Explanation:

Given:

Sample size = 27months

n = 27

Let sigma = population standard deviation

Sigma = 3% = 0.03

s = sample standard deviation

s =2.19% = 0.0219

Alpha = 0.05

The mutual fund manager claims that his fund has moderate risk.

Hypothesis:

H0: Population standard deviation is equal to sample standard deviation.

H0 = sigma = 0.03

H1: Population standard deviation is not equal to sample standard deviation.

Alternative hypothesis:

H0< sigma = H0 <0.03

Degree of freedom = n-1 = 27-1 = 26

We would use the chi-square test to check if the standard deviation of a population is equal to a particular value

The test statistic:

x^2 = [(n-1)s^2]/ sigma^2

x^2 = [(27-1)*0.0219^2]/0.03^2

x^2 = [(26)*0.00047961]/0.03^2

x^2 = (0.01246986/0.03^2)

x^2 = 0.01246986/ 0.0009

x^2 = 13.8554

You can compare the value of your x^2 to a (degrees of freedom, alpha) chi squared critical value from a table (you can find such table online) or use an EXCEL formula

Using EXCEL formula to find p-value:

CHISQ.DIST(13.8554, 26, TRUE)

Type in the value of chi square as x,

Degree of freedom as = 26 and

TRUE (cumulative distribution function)

p-value = 0.025143

The level of significance = Alpha = 0.05

The decision rule states:

If p-value is less than or equal to level of significance, reject the null hypothesis.

Otherwise, do not reject the null hypothesis.

Since p-value is less than level of significance, we would reject the null hypothesis.

0.025143 < 0.05

Conclusion:

There is sufficient evidence to conclude that the fund has moderate risk at the 0.05 level of significance.

8 0

3 years ago

Why is it relevant that finance tends to attract large amounts of money?

djverab [1.8K]

Explanation:

An organization to be successful in the long term and competitive in the market, needs financial capital to carry out its activities, for this they open the company's capital to investors, who are the capital holders willing to inject capital into the company and receive dividends business, thus becoming a partner of that company.

It is essential that companies attract investors willing to inject a large amount into the business, as this benefits both, since a company with larger amounts of assets will produce more, have its obligations up to date and remain better positioned in the market.

To attract investors to a company, it is necessary that the company has a good reputation in the market and there is a favorable negotiation process, where there is a demonstration of results and the opportunity that the investor will have to invest his money in an organization that will generate profits.

6 0

2 years ago

Where's the leak ma'am?

eimsori [14]

On the ceiling, of course

5 0

3 years ago

Read 2 more answers

Jerome stopped at brewster's and purchased a chocolate ice cream cone. as he was exiting the store, the cone developed a leak an

Ksenya-84 [330]

Jerome received an unplanned message because Brewster's could not predict that this event would happen to Jerome and certainly did not plan for this negative experience to occur.

4 0

3 years ago

Munchkin is a popular baby clothing brand. The founder of the company, Isabel, conducts a brainstorming session with her employe

Elena L [17]

Answer:

B) upward communication

Explanation:

Upward Communication -

It refers to the flow of information from the lower level to the higher level in the company, is referred to as upward communication.

The method helps to pull out thought and innovative technique from all the employees working in the company , and is used for the betterment of the company.

It helps to have a healthy conversation and decision making process, which helps the company to grow.

Hence, from the question,

The company Munchkin takes idea from all the employees and tries to implement it into the company, thereby showcasing the method of upward communication.

3 0

3 years ago

.Consumers are better off with pricing in the following order: 1)________; 2)________; 3)________.

.Consumers are better off with pricing in the following order: 1); 2); 3).