Answer:
b. Bob listens to the radio station several hours per day but never donates since he suspects that other people will donate enough to keep the station on the air.
. Jim is working on a group project for a class in which he wants a high grade. However, since the grades are assigned to the group as a whole and he knows that the other group members will pick up most of the extra work, Jim calls in sick and plays video games on his Dream Station 64.
Explanation:
Free riding is when a person enjoys the benefit of a good or service but doesn't pay for it. This is a form of market failure.
Bob listens to the radio but doesn't donate and Jim would benefit from the grade given to the group but doesn't participate. These are instances of free riding.
Karl doesn't drive at night and so doesn't enjoy the benefits of the street light and doesn't pay. This is not an instance of free riding.
I hope my answer helps
Answer:
price level changes
Explanation:
The demand curve refers to a graph that shows the change in the demand for a commodity or service as a result of the change in its price.
The aggregate demand curve is a graph that shows the total quantity of all goods and services demanded by the economy at different prices.
Aggregate demand curve shifts except when price level changes.
Answer:
325 units per month
Explanation:
Cumulative demand for next four months:
= 200 + 400 + 250 + 350
= 1,200
Total production requirement
:
= Cumulative demand for next four months - Beginning inventory + Ending inventory
= 1,200 - 0 + 100
= 1,300
At level strategy, monthly production rate will be uniformly.
Therefore,
the monthly production rate will be as follows:
= 1,300 ÷ 4
= 325 units per month
Answer:
= 7.678%
Explanation:
Data provided
Risk free rate = 6.5%
Beta = 0.31
Marker return rate = 10.3%
Risk free rate = 6.5%
The computation of expected return is shown below:-
Expected return = Risk free rate + Beta × (Marker return rate - Risk free rate)
= 6.5% + 0.31 × (10.3% - 6.5%)
= 6.5% + 0.31 × (3.8%)
= 6.5% + 1.178%
= 7.678%
