Answer:
The correct answer is option D.
Explanation:
A market failure refers to the situaion where the market forces fail to efficiently allocate resources. It happens because of a number of reasons such as externalities, monopoly, asymmetrical information, tragedy of commons etc.
In case of market failure, the government has to intervene to efficiently allocate resources. The failure of price mechanism to produce goods efficiemtly results in government to intervene.
A) the amount of electricity you use can vary from month to month
Answer: 13.53%
Explanation:
The expected return on the portfolio will be calculated by multiplying the investment in each stock by the expected return of the stocks. This will be:
= (31% × 11%) + (46% × 14%) + (23% ×16%)
= 3.41% + 6.44% + 3.68%
= 13.53%
Answer:
$78,375
Explanation:
Actual HVAC usage = 500 + (500 × 10%) = 500 + 50 = 550
Total HVAC income before credit loss = 550 × $150 = $82,500
Total HVAC income before credit loss = $82,500 - ($82,500 × 5%) = $82,500 - $4,125 = $78,375
Therefore, the approximate heating, ventilation, and air conditioning (HVAC) revenue the landlord will realize is $78,375.
