1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hjlf
3 years ago
15

Imagine consumers are fooled into thinking that a good is better than it really is. This means that the true, full-information d

emand curve is located to the _______ of the asymmetric information demand curve, and consumers will purchase ________ than what they really would have purchased.
Business
1 answer:
Ivahew [28]3 years ago
7 0

Answer:

Imagine consumers are fooled into thinking that a good is better than it really is. This means that the true, full-information demand curve is located to the ___left____ of the asymmetric information demand curve, and consumers will purchase ___more_____ than what they really would have purchased.

Explanation:

The existence of asymmetric information implies that one party in a business transaction possesses information that the other party lacks. This causes the market to fail because the correct price for the product or service cannot be set based on the forces of supply and demand.  If consumers have full information, their demand curve will be skewed to the left, meaning that less of the product will be demanded.

You might be interested in
On January 1, 2020, Carla Vista Co., a calendar-year company, issued $1,800,000 of notes payable, of which $450,000 is due on Ja
hodyreva [135]

Answer:

c) Current liabilities, $450,000; Long-term Debt, $1,350,000.

Explanation:

The presentation of the long term liabilities of the balance sheet is presented below:

Liabilities section

Current liabilities

Note payable $450,000

Long term liabilities

Remaining balance $1,350,000

Total liabilities $1,800,000

Since the note payable is due for four years for $450,000 each so it shows the current liabilities and the remaining balance is transferred to the long term liabilities

8 0
4 years ago
When unemployment is lower overall nationwide, this means that, in general, employees have more what?
Rus_ich [418]

Answer:

b. choices

Explanation:

Low unemployment means a big percentage of the labor force is actively engaged in income-generating activities. Adults seeking employment can easily find work. A country experiences low unemployment when the economy is growing at a high rate. Different sectors of the economy create many job opportunities when the economy is growing.

When they are many job opportunities in the market, employees have options. They can switch jobs without much struggle. Employers are compelled to compensate workers well to retain them.

3 0
3 years ago
The weight of a candy bar in ounces is an example of
Tju [1.3M]
Weight data is your answer
6 0
3 years ago
A possible externality associated with the process of accumulating new capital is that: A. a reduction in labor productivity may
taurus [48]

Answer:

B. new production processes may be devised.

Explanation:

This means, the new capital in touch with the human innovation traits will generated ways to use this capital beyond their inventors knowledge. Giving the capital additional used. Assthis uses were discovered after the capital invention, are not included in the cost of the new capital therefore, are positive externalities of their.

Also, generally the labor productivity increases with new capital not decrease.

3 0
4 years ago
Companies often use several methods to evaluate the project's cash flows and each of them has its benefits and disadvantages. Pl
lukranit [14]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

4 0
3 years ago
Other questions:
  • Chenault was a celebrity at American Express and is known for transforming the lives of many of his employees. Based on this per
    10·1 answer
  • What trend in wages paid to workers in america developed between 1860 and 1890?
    15·1 answer
  • Cemex, the largest cement producer in Mexico: a) is an insignificant competitor outside its home market. b) has only expanded in
    12·1 answer
  • @wolf1728 @Venomblast . . Just like CDs, bonds reach _____, at which point the amount paid for the bond is returned to the bondh
    6·2 answers
  • You pay a monthly fee to have telephone service for your business. The amount you pay is the same every month. This is an exampl
    5·1 answer
  • Bud Company records purchases at invoice price, using the periodic inventory system. On July 5, Bud returned $12,000 of goods pu
    5·1 answer
  • If the garden is to be 6050 square feet, and the fence along the driveway costs $6 per foot while on the other three sides it co
    10·1 answer
  • The ledger of Shamrock, Inc. on March 31, 2017, includes the following selected accounts before adjusting entries.
    9·1 answer
  • The element of the four c's is associated with the promotion element of th marketing mix
    9·1 answer
  • What would prevent data from appearing in a custom report?.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!