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3 years ago

The legal form of business ownership that is owned by two or more people is a ____

Business

2 answers:

antiseptic1488 [7]3 years ago

8 0

Answer:thw answer is w.

Explanation:

denpristay [2]3 years ago

6 0

Answer:

Explanation:

partnership

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Consider a basket of consumer goods that costs $60 in the United States. The same basket of goods costs NOK 40 in Norway. Holdin

Helen [10]

Answer:

4.5 and 3

Explanation:

We know that

Real exchange rate = Nominal exchange rate × (Cost of the basket in US ÷ Cost of the basket in Norway)

So according to this formula, the computation is shown below

When the nominal exchange rate is 3, then the real exchange rate would be

= 3 × (60 ÷ 40)

= 4.5

When the nominal exchange rate is 2, then the real exchange rate would be

= 2 × (60 ÷ 40)

= 3

7 0

4 years ago

If a war destroys a large portion of a country's capital stock but the saving rate is unchanged, the Solow model predicts that o

Ksenya-84 [330]

Answer:

B) the same level of output per person as before.

Explanation:

In the Solow growth model, the economy reaches a steady state level of capital regardless of the starting level of capital. This steady state occurs when capital per worker is constant. Therefore after the war, the level of output should return to its normal level since the savings rate is constant and hasn't changed. This model assumes that a constant fraction of capital will always wear out, increasing the capital-labor ratio, therefore the population must grow or new technologies must be introduced to reach the steady state.

6 0

3 years ago

If you were going to lend money to a company, which one would you choose and why? Remember, the bigger and safer the company, th

mrs_skeptik [129]

A smaller company that is more likely to help u

4 0

3 years ago

Read 2 more answers

A firm uses machine hours to allocate overhead cost. During the period, budgeted variable overhead is Rs. 10000 and budgeted

iVinArrow [24]

Answer:

Explanation:

If you do hours X units and then put it on the end of the Variable you get C. Hope this helped #brainiest

4 0

3 years ago

A monopolist’s cost function yields constant average and marginal costs, with AC = MC = 5. The firm faces a market demand curve

Nitella [24]

Answer:

a. Marginal Revenue = 5

b. Maximum profit = $144

c. Q optimum = 12 ; P optimum = $17

d. Social cost = $72

Explanation:

Step 1. Given information.

MC=AC=5

P=29-Q

Step 2. Formulas needed to solve the exercise.

Total Revenue=TR=P*Q=(29-Q)*Q=29Q-Q2

Marginal Revenue=dTR/dQ=29-2Q

Step 3. Calculation.

Set MR=MC for profit maximization

29-2Q=5

2Q=29-5

Q=12 -----profit maximizing output

P=29-Q=29-12=$17 -------profit maximizing price

Total Profit=(P-AC)*Q=(17-5)*12=$144 ------Maximum Profit

Lerner's Index=(P-MC)/P=(17-5)/17=0.7059

<h2></h2><h2>TAKE A LOOK TO THE ATTACHED IMAGE</h2>

Profit is shown by rectangular shaded area.

Socially optimal price P=MC=$5 --------Socially optimal price

We know P=29-Q, Set P=5

5=29-Q

Q=24 ---------Socially optimal output

Social Cost is equal to dead weight loss. It is shown by triangular area DWL

Social Cost=1/2*(17-5)*(24-12) =$72

5 0

3 years ago