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Sonbull [250]
3 years ago
12

Give an example of Government- created monopoly. Is creating this monopoly a bad public policy? Explain.

Business
1 answer:
mojhsa [17]3 years ago
7 0
Not really, because although it may be the law you can trade for your own beneficial-needs
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How much would the owner of a building be justified in paying for a sprinkler system that will save $1000 a year in insurance pr
Travka [436]

Answer:

The maximum price the buildng owner should pay for this system is $10,903.

Explanation:

The investment of the purchase of this system must be recovered in 15 years, being the positive cash flows the annual savings and the salvage value.

We can express the net present value of the investment as:

NPV=-P+\sum_{k=1}^{15}\frac{AS}{(1+i)^k}+\frac{SV}{(1+i)^{15}}=0\\\\\\0=-P+1000*\sum_{k=1}^{15}\frac{1}{(1.05)^k}+\frac{0.1P}{(1.05)^{15}} \\\\\\0=-P+1,000*10.38+0.048P\\\\\\0=-P+10,380+0.048P\\\\\\(1-0.048)P=10,380\\\\\\P=\frac{10,380}{0.952}=10,903

The maximum price the buildng owner should pay for this system is $10,903.

6 0
3 years ago
The production possibility frontier shows: the combinations of output that an economy can produce given its productivity and sup
Vedmedyk [2.9K]

Answer:

the combinations of output that an economy can produce given its productivity and supply of inputs.

Explanation:

The production possibilities frontier (PPF) basically shows the different combination of output of two goods that an economy can produce using its available factors of production (land, labor, capital and technology).

The PPF helps to illustrate the concepts of opportunity costs and comparative advantages in trade.

  • Opportunity costs are the extra costs or benefits lost from choosing one activity or investment over another alternative.
  • Comparative advantage theory ⇒ economies will trade those products that they are able to produce with lower opportunity costs than their trade partners.

4 0
3 years ago
Cereal is an example of a consumer product, where many ________ cost comprehensive prototypes are built since the product has __
Ilia_Sergeevich [38]

There are different types of prototype decisions. Cereal is an example of a consumer product, where many low cost comprehensive prototypes are built since the product has high market risk.

There are different kinds of Prototype Decision when looking at the technical risk compared to the prototype cost. They are:

  • Low risk - low cost (printed stuff) : Here, there is no need for comprehensive prototypes.

  • Low risk - high cost (ships, buildings) : Here, there is no way one can afford comprehensive prototype.

  • High risk - low cost (software) : Here, there a a lot of comprehensive prototypes.

  • High risk - high cost (airplanes, satellites) : This often make use of analytical models a lot, have a well throughout planned of comprehensive prototypes

Prototyping is simply known to be the estimation or approximation of the product with its one or more areas of interest.  It has 2 kinds which are Physical prototypes vs. analytical prototypes , Comprehensive (with all the attributes of a product) vs. focused.

Learn more about Prototyping from

brainly.com/question/7509258

4 0
3 years ago
Discuss the importance of understanding unique characteristics of an organization and selecting the right blueprints, frameworks
FromTheMoon [43]

Explanation:

This task of understanding the unique characteristics of an organization and selecting the effective models and structures to meet its unique needs, can be addressed through management planning. This is a type of planning that can be understood in the micro context of the organization, this is understood as the implementation of what was defined in strategic planning, through management planning are defined what are the essential resources that will help the company to achieve its goals. objectives and missions.

It integrates what needs to be done, by whom, when and at what cost.

3 0
3 years ago
When you construct the replicating portfolio for the option in the previous question how many dollars do you need to invest in t
netineya [11]

Answer: The same amount of dollars

When it comes to the financial level, a replicating portfolio as the name implies, is a repetition of specific flows of a given asset, so it must be constituted with the same resources. In this case, the same amount of cash would be needed to create the replica.

4 0
3 years ago
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