Answer:
790,000, i.e. $79 x 10,000= 790,000
. Yes, the manufacturer should change the design. 666,667 (when it goes from 1/10,000 to 1/15,000). It is 500,000 (when it goes from 1/10,000 but 1/20,000)
. No, the benevolent social planner would not agree with the manufacturer's decision.
Explanation:
In the estimates provided by the manufacturer, the total cost of the design is equivalent to $79 x 10,000= 790,000. There should be an alteration in the design to remove the necessary precautions. If the probability is different from the estimate provided by the manufacturer, the planner will disagree with the decision made by the manufacturer. For example, a change to 1/15000 will make the total cost to be approximately $666,667.
<span>False.
Industrial policies of the United States have been less formal than those of Europe and Japan. The U.S. government encourages exports via its Export-Import Bank and Commodity Credit Corporation. Firms are also allowed to form export trading companies and export trade associations.</span>
If a person write a check for $759 to make a payment on a loan, then the account balance would be changed as in the balance sheet of the person.
<h3>What is account balance?</h3>
An Account balance is limited as the amount of monetary system that is hold in a specific account in the bank account or in any another account.
From the given case, if a person make a payment of loan, then the account balance would be:
Assets = $36,767 ($37,526 – $759)
Liabilities = $12,086 ($12,845 -$759)
Equity = $32,500
Therefore, the balance of Equity remains unaffected by the payment of loan.
Learn more about the loan, refer to;
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<span>The herfindahl-hirschman index is the measure of the percentage market share of each firm summed over the largest 50 firms in a market.
HHI is the measure of market concentration. It is the commonly accepted measure. if H</span>erfindahl-Hirschman index is low and its four firm concentration ratio is low then the market is considered competitive.
