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3 years ago

When economists say that a good is non-rival in consumption, they mean that:____.

1 answer:

5 0

Answer: When economists say that a good is no -rival in consumption, More than one person can enjoy the good at the same time

A good is excludable if someone can be prevented from using it. A good is rival in consumption if one person's use reduces others' ability to use the same unit of the good. Markets work best for private goods, which are excludable and rival in consumption. Markets do not work well for other types of goods.

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Charisma, Inc., has debt outstanding with a face value of $6 million. The value of the firm if it were entirely financed by equi

Gnesinka [82]

Answer:

$660,000

Explanation:

According to M & M proportion I with taxes, the value of the levered firm is:

V (Firm) = V (Equity) + V (Debt)

= $28,400,000 + 0.25(6,000,000)

= $28,400,000 + $1,500,000

= $29,900,000

Total market value of the firm:

= Market value of the debt + Market value of equity

= $6,000,000 + stock outstanding × Selling price per share

= $6,000,000 + 415,000 × $56 per share

= $29,240,000

With non-marketed claims, such as bankruptcy costs, we would expect the two values to be the same.

The differences are the non-marketed claims:

Expected bankruptcy costs = $29,900,000 - $29,240,000

= $660,000

4 0

3 years ago

Drea is facing an ethical dilemma and is unsure how to proceed because there seems to be no “right” answer for everyone. Her bus

Fudgin [204]

Since Drea is facing an ethical dilemma and she wants to have the best option to her ethical dilemma, for the second step, she wouls have to: Identify feasible options. Option b.

<h3>What is an ethical dilemma?</h3>

In philosophy, ethical dilemmas—also known as ethical paradoxes or moral dilemmas—arise when an agent must choose between two competing moral obligations, none of which takes precedence. A definition that is similarly comparable describes ethical situations as ones where there is no right decision to be made.

An ethical problem, also known as a moral problem or ethical paradox, arises when a person must choose between two possibilities, none of which are wholly ethically acceptable.

An ethical conflict is an opposition between two morally righteous actions. A disagreement exists between two values or principles. The problem is that by choosing one correct action, you will invalidate the other right course because you would be acting both rightly and wrongly at the same moment.

Read more on ethical dilemma here: brainly.com/question/3838938

#SPJ1

3 0

1 year ago

PLEASE HELP ME PLEASE!!! WORTH 100 POINTS

tatiyna

Answer:

12*48=$576,000,000,000

Explanation:

12 times 48=$576,000,000

8 0

3 years ago

Read 2 more answers

Money is neutral in:___________

babunello [35]

Answer:

Explanation:

Money neutrality is a theory which submits that money supply only affect nominal variable and not real variables.

Nominal variables include price, wages and exchange rate

real variables include employment and real GDP

Money is only neutral in the long run and not in the short run because of money illusion. Money illusion causes economic agents to respond to money supply changes.

Money is neutral only in the long run

8 0

2 years ago

A company is formulating its marketing expense budget for the last quarter of the year. Sales in units for the third quarter amo

iren2701 [21]

Answer:

a. $29,496

b. $21,996

Explanation:

a. The Computation of budgeted marketing expense for the fourth quarter is shown below:-

Sales units 2,640

(2400 × 110%)

Variable marketing expenses per unit sold $0.15

Total Variable marketing expenses $396

Fixed Marketing expenses $18,000

Salaries ($6,000 × 3)

Depreciation ($2,500 × 3) $7,500

Insurance ($1,200 × 3) $3,600

Total Fixed marketing expenses $29,100

Budgeted marketing expense

for the fourth quarter $29,496

b. Estimated cash payment for marketing expenses for the fourth quarter = Budgeted marketing expense for the fourth quarter - Depreciation

= $29,496 - $$7500

= $21,996

7 0

3 years ago