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Valentin [98]
3 years ago
11

A product is considered to be rivalrous if your consumption of the product reduces the quantity available for others to consume.

you cannot keep those who did not pay for the item from enjoying its benefits. you can keep those who did not pay for the item from enjoying its benefits. it is jointly owned by all members of a community.
Business
2 answers:
vaieri [72.5K]3 years ago
8 0

Answer:

if your consumption of the product reduces the quantity available for others to consume

Explanation:

Any product that ones consumption of it reduces the quantity available for others to consume is said to be a rivalrous product.

This is a type of good that may only be possessed or consumed by a single user.

Rival goods can be durable, this just means that they may only be used one at a time, or nondurable, simply meaning they perish after consumption.

When a good is rival in consumption, the resulting competition can increase its value to the individuals who seek them.

Rival goods are mostly limited.

Elina [12.6K]3 years ago
6 0

Answer:

A product is considered to be rivalrous if your consumption of the product reduces the quantity available for others to consume.

Explanation:

Private goods are rivalrous in consumption because:

  • if one person consumes it, then another person cannot consume it
  • if one person consumes it, the ability of another party to consume it is reduced

Private goods are both rivalrous in consumption and excludable (consumers who do not pay for the products can be prevented form consuming it).

On the other hand, public goods are both non-rivalrous and non-excludable in consumption.

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calculate the unadjusted rate of return for an investment that has a net cost of $430,000 and should provide an average after-ta
Elden [556K]

9%, as the unadjusted rate of return is equal to the average yearly net income growth rate divided by the initial investment's net cost.

<h3>Calculation:</h3>

$40,090 divided by $430,00 is.093 * 100, or 9%.

<h3>If the needed rate of return is 6%, what is the present value of a cash inflow of $2,000 five years from now? Examine later?</h3>

$2600 will be given to the recipient after five years.

<h3>If the internal rate of return is 5% and the desired rate of return is 6%, should management accept the investment opportunity?</h3>

No, as the internal rate of return on the investment is lower than the intended rate of return.

To know more about unadjusted rate visit:-

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3 0
1 year ago
The first step in building a good credit record is _____.
Mekhanik [1.2K]

Answer: open a savings account

<span><span>From the given choices (apply for a credit card, open a savings account, apply for a car loan, open a store credit account</span>), the first step in building a good credit record is to open a savings account. </span>

Bank accounts can help you access credit and acquire a home, a car, a personal loan because banks favor existing customers, especially those who manage their money well. 

8 0
3 years ago
Breezy Company is disposing of equipment that was originally purchased for $550,000 and has $145,000 of accumulated depreciation
BARSIC [14]

Answer:

$405,000

Explanation:

The calculation of total amount is shown below:-

If the company disposes of the equipment to buy the new equipment, the sunk cost will be the old equipment's book value.

Sunk cost = Book value of the old Equipment

Sunk cost = Cost of equipment - Accumulated Depreciation

= $550,000 - $145,000

= $405,000

Therefore for computing the sunk cost we simply deduct the accumulated Depreciation from cost of equipment

7 0
3 years ago
Cage company had net income of $365 million and average total assets of $2,040 million. its return on assets (roa) is?
elixir [45]

Cage company had a net income of $365 million and average total assets of $2,040 million. its return on assets (ROA) is 17.6%.

Net salary is the total net salary after deducting all taxes and other employee benefits. This is the amount deposited in your bank account that you can use for your budget and living expenses. Simply put, Gross Salary - Deductions = Net Salary.

Net income is the income of an individual or business after deducting expenses, allowances, and taxes. In commerce, net profit is what is left in the business after all expenses such as salaries and wages, cost of goods and raw materials, and taxes.

Learn more about net income at

brainly.com/question/15530787

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3 0
1 year ago
Income rises from $3,500 to $4,000 a month and the quantity demanded of good X falls from 7 to 5 units a month. Income elasticit
finlep [7]

Answer:

E) -2.50 ; inferior

Explanation:

Before you earned $3,500 per month, you consumed 7 units per month. That means that you consumed 1 unit every $500 earned.

When your income increased to $4,000, you only consumed 5 units per month. That means that your consumption decreased to 1 unit for every $800.

The income elasticity of demand using the midpoint method is calculated by using the following formula:

income elasticity = {change in quantity demanded / [(old quantity + new quantity) / 2]} /  {change in income / [(old income + new income) / 2]}  

= {-2 / [(7 + 5) / 2]} /  {500 / [(3,500 + 4,000) / 2]} = (-2 / 6) / (500 / 3,750) = -0.333 / 0.133 = -2.5

Since the income elasticity of demand is negative, the good X is an inferior good.

7 0
3 years ago
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