Answer:
The correct answer is letter "C": maximize the joint welfare, irrespective of the right of ownership.
Explanation:
Named after British economist Ronald Coase (1910-2013) the Coase Theorem is a legal and economic theory which states that, when there are competitive markets and no transaction costs, <em>bargaining will result in an effective and mutually beneficial outcome irrespective of how property rights are distributed</em>.
Let
z----------------- > Price Elasticity
x----------------- > % Change in Quantity
y----------------- > % Change in Price
we Know that
Price Elasticity = (% Change in Quantity) / (% Change in Price)----> z=x/y
z=-2
y=-10%
x= <span>?
</span>z=x/y---------------- > x=z*y=(-2)*(-10)=20 %
% Change in Quantity=20%
Part A) how many pizzas will he sell if he cuts his price by 10%?
He will sell (500 +20 %)----------> 500*1.2=600 pizzas per week
the answer part A is 600 pizzas per week
Part B) <span>how will his revenue be affected?
<span>initial revenue per week
</span>500 pizzas*</span><span>$20 =$10000
final revenue per week
(500 pizzas+20%) *(</span>$20-10%)=600 pizzas*$18=$10800
$10800-$10000=$800
<span>
the answer part B is
His revenue </span><span>will increase $800 per week</span>
Answer:
answer is A open market operations
Explanation:
i just took the quiz
Answer:
7,780 units
Explanation:
When using the weighted-average method in its process costing system we are only interested in the equivalent units of the output in that particular process. Outputs being Units completed and transferred and units in ending work in process.
Units in Ending Work in Progress calculation
Units in Ending Work in Progress = 1,300 units + 8,300 units - 6,800 units
= 2,800 units
Conversion Costs
Units completed and transferred (6,800 x 100%) 6,800
Units in Ending Work in Progress (2,800 x 35 %) 980
Equivalent units of Production - Conversion Costs 7,780
Conclusion
the equivalent units for conversion costs for the month in the first processing department are 7,780 units
The present value (PV) of an annuity of P equal periodic payments for n years at r% is given by:
where
is the <span>present value of an annuity factor for n years at r%.
Given that </span>a<span>
company borrowed $40,000 cash from the bank and signed a 6-year note at
7% annual interest and that the present value of an annuity factor for 6 years
at 7% is 4.7665.
Then
Therefore, </span><span>the annual annuity payments equals $8,391.90</span>
