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Aliun [14]
2 years ago
10

One observation we made this week was that consumer surplus is maximized at a price of zero. We also learned that this is imprac

tical for market provided goods. If this is the case (and it is), why then do we choose free markets over the public provision of an important good like high-speed internet?
Business
1 answer:
scZoUnD [109]2 years ago
8 0

Answer:

The description of the given problem is described in the below explanation segment.

Explanation:

A supply as well as the demand-based economy with hardly any government regulation whilst general populace provisioning is fully controlled by the government, which would be aimed at satisfying person's welfare programs, is considered as the free market.

For commodities like the slightly elevated internet, we support free market rather than governmental provision for the aforementioned purposes:

  • In something like a free market system, buyers decide the final success or failure of the items.
  • Throughout the event of general populace procurement then perhaps the capitalist economy, there seem to be numerous failures such as time delays as well as misinformation.
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International flows of funds can affect the Fed's monetary policy. For example, suppose that interest rates are trending lower t
Elden [556K]

Answer:

International flows of funds can affect the Fed's monetary policy. For example, suppose that interest rates are trending lower than the Fed desires. If this downward pressure on U.S. interest rates may be offset by <u>outflows</u> of foreign funds, the Fed may not feel compelled to use a <u>tight </u>monetary policy.

Explanation:

A Tight Monetary Policy is when the central bank tightens policy or makes money tight by raising short-term interest rates through policy changes to the discount rate, also known as the federal funds rate. Boosting interest rates increases the cost of borrowing and effectively reduces its attractiveness.

Outflows of foreign funds or the flight of assets occurs when foreign and domestic investors sell off their holdings in a particular country because of perceived weakness in the nation's economy and the belief that better opportunities exist abroad.

The reasoning is as follows, the rate is down in the USA so holders of assets look for better rates abroad as a consequence  there is less money in the US domestic economy and automatically the rate tend to rise (remember that interest rate is the price of money). If there is less supply of something the price of that something will go up (ceteris paribus). The same thing will happen to the interest rate without the intervention of the FED.

7 0
3 years ago
Your aunt wants to retire and has $375,000. She expects to live for another 25 years, and she also expects to earn 7.5% on her i
steposvetlana [31]

Answer:

$33,641.50

Explanation:

The computation of the amount withdrawn for the year is shown below:

As we know that

Present value = Annual withdrawals × Present value of annuity factor (7.5%,25)  

$375,000 = Annual withdrawals × 11.14694586

So, annual withdrawals is

= $375,000 ÷ 11.14694586

= $33,641.50

We simply applied the above formula so that the annual withdrawn could come

3 0
3 years ago
While Steve is cleaning out his garage, he finds an old surfboard that he no longer needs. As he walks to the dumpster to throw
ki77a [65]

Answer:

$10

Explanation:

Steve achieved a producer surplus of $10, which is commensurate with the value of the 6-pack of beer he received from his neighbor. This means he practically sold the old surfboard for $10.

6 0
3 years ago
The categories of continuous innovation, dynamically continuous innovation, and discontinuous innovation are based on levels of
Savatey [412]

It is based on level of consumer depending upon the consumer behavior.

<h3>Consumer behavior </h3>

There are different stages consumer pass through to reach a buying decision making. Consumer decision making process represents a problem-solving approach and involves the following five stages – need recognition, information search, evaluation of alternatives, purchase decision and post-purchase behavior .

Extensive problem-solving. Consumers have not yet established a criteria for evaluating the product.

Limited problem-solving. Consumers have established a basic criteria for product evaluation.

Routinised-response behavior. Consumers have some experience with the product category.

Learn more about consumers here :

brainly.com/question/15097028

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5 0
1 year ago
Joni Hyde inc. has the following amounts reported in it general ledger at the end of the current year. Organization costs. 24,00
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Yes........?????????????
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