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jok3333 [9.3K]
2 years ago
6

Craig and Kris were walking directly toward each other in a congested store aisle. Craig moved to his left to avoid Kris, and at

the same time Kris moved to his right to avoid Craig. They bumped into each other. a. This example illustrates the concept of coordination failure . b. This idea relates to macroeconomic instability because the economy multiple choice 2 experiences inflation because there is a lack of coordination of the actions of people and businesses. experiences business cycles. does not achieve a mutually beneficial equilibrium because there is a lack of coordination of the actions of people and businesses. falls into recession because there is a lack of coordination of the actions of people and businesses.
Business
1 answer:
Andreas93 [3]2 years ago
8 0

Answer:

does not achieve a mutually beneficial equilibrium because there is a lack of coordination of the actions of people and businesses

Explanation:

From the question, we are informed about Craig and Kris who were walking directly toward each other in a congested store aisle. Craig moved to his left to avoid Kris, and at the same time Kris moved to his right to avoid Craig. They bumped into each other. This example illustrates the concept of coordination failure and in this case, This idea relates to macroeconomic instability because the economy does not achieve a mutually beneficial equilibrium because there is a lack of coordination of the actions of people and businesses. Coordination failure can be regarded as failure that takes place as a result of group of firms want to achieve a more desirable equilibrium, but resulted to failure as a result of their decision making not been coordinated

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Answer:

$400

Explanation:

Calculation to determine the minimum acceptable price of this special order

Using this formula

Minimum acceptable price=Direct materials+ Direct labor+ Manufacturing support +Marketing costs

Let plug in the formula

Minimum acceptable price=$140 + $100 + $105 + $55

Minimum acceptable price=$400

Therefore the minimum acceptable price of this special order is $400

7 0
2 years ago
A company has the following liabilities at year end: Mortgage note payable; $16,000 due within 12 months $355,000 Short-term deb
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Answer:

The amount that the company should include in the current liability section of the balance sheet is $16,000

Explanation:

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4 0
3 years ago
Which of the following best approximates a pure monopoly? rev: 05_15_2018 Multiple Choice
goldfiish [28.3K]

Answer:

3) The only bank in a small town

Explanation:

By definition a monopoly occurs when there is only one supplier in the market for a specific good or service. In this case, if there is only one bank that works in a small town, then that bank has a monopoly of all the town's residents that require banking services. If any resident doesn't like that specific bank, they need to go to another town in search for banking services.

5 0
2 years ago
As a company works to build relationships with its customers, its leaders must determine which customer needs they will seek to
Zepler [3.9K]

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A. Monitoring customer trends in the industry and of consumers as a whole

Explanation:

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2 years ago
The common stock of the C.A.L.L. Corporation has been trading in a narrow range around $125 per share for months, and you believ
Fiesta28 [93]

Answer:

he price of a 6-month call option on C.A.L.L. stock is 15.27

Explanation:

The price of a 6-month call option on C.A.L.L. stock at an exercise price of $125 is computed as;

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Where as,

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Thus,

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C + 120 = 135.27

C = 15.27

7 0
2 years ago
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