Answer:
The correct answer is: reduce; not as highly valued as others.
Explanation:
All the economic systems must provide people with the goods and services that they want and need. But it is also necessary to limit them from getting as much as they wish.
This is because providing as many goods and services as they want may lead to a reduction in efficiency. Economic efficiency is achieved when resources are allocated in such a way that there is no wastage and resources are allocated to most valued use.
If the economic systems do not restrict the production of goods and services as much as they want it may lead to the production of those goods and services that are not as highly valued as others. This will cause wastage of resources, thus reducing the economic efficiency of the system.
Answer:
The answers are economies of scale, natural monopolies, and lowered average fixed cost.
Explanation:
The explanations for some firms beahvior in determined markets are economies of scale, natural monopolies, and lowered average fixed cost.
Answer:
a.
NPV X 44352,90
NPV Y 38729,29
b.
NPV X 28619,86
NPV Y 29008,94
Explanation:
To get the present value of each cash flow we use excel or spreadsheets.
File is attached with the comparison of both investments.
<u>Investment X </u>
Net Present Value (NPV) 44353 (Interest rate 8%)
Net Present Value (NPV) 28620 (Interest rate 20%)
<u>Investment Y </u>
Net Present Value (NPV) 38729
(Interest rate 8%)
Net Present Value (NPV) 29009 (Interest rate 20%)
The best management style is when employees are lead by example and not by command.
Answer:
Explanation:
The journal entry is shown below:
Loss on impairment A/c Dr $140,400
To Accumulated impairment loss A/c $140,400
(being the impairment loss is recorded)
The computation is shown below:
= Carrying value of the equipment - fair value of the equipment
where,
Carrying value of the equipment would be
= Cost of the equipment - accumulated depreciation
= $1,053,000 - $444,600
= $608,400
So, the loss would be
= $608,400 - $468,000
= $140,400
