I would say they would need to advertise and show everything the consumers could do with their product
Answer: 27 times
Explanation:
Market price of common stock = $67.50
Net income = 150,000
Weighted average number of common shares outstanding = 60,000
Value of each shares = 150,000 / 60,000 = $2.5 per share
The price Earnings ratio will then be:
= market price per share / earnings per share
= $67.50 / $2.50
= 27 times
Maintain framework, provide public goods and services, maintain competition, redistribute income, stabilize the economy
<u>Explanation:</u>
The economy that has the combination of command, market and also traditional economy refers to mixed economy. The major roles of the government in the mixed economy includes, maintaining social and legal framework, providing public goods and services, competition maintenance, redistribution of income and stabilization of economy.
In the first role of maintaining social and legal framework is positive. This will help customers and the sellers to abide within law and helps them in safety maintenance. The second one is the providing public goods and services. this is also positive because one person can use services and no person can demand that that particular service or product belongs to him. Next one maintaining competition also is positive in nature because it gives people many choice from which they can choose products and also they will be offered lower price.
Latasha knows Jake will shirk if unsupervised. She considers hiring her good friend Carrie to keep an eye on Jake. The most Latasha should be willing to pay Carrie to supervise Jake, assuming supervision is sufficient to encourage Jake to work hard, is $20.
What is shirking in economics?
The propensity to work less when the payoff is lower. Because they maintain less ownership stake in the company and could potentially receive a lower return, owners may be more motivated to shirk if they issue equity as opposed to debt.
Does a worker benefit from shirking?
Subjects are permitted to participate in two tasks, one of which simulates work for an employer and the other of which allows for rewards for shirking. We discover that subjects who are given incentives to shirk, whereas monitoring and a realistic quota result in higher output.
Learn more about shirking: brainly.com/question/15300255
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Answer: The Price Elasticity of demand is Inelastic at 0.05
Explanation: Elasticity of demand is the degree of responsiveness of price to quantity demanded.
Using the equation; Q= 17-2P+3P/S
Where P = $0.60; P/S = $2.40
Q = 17 - 2 (0.60) + 3 (2.40)
= 17 - 1.20 + 7.20 = 23
Price elasticity of demand at Price = $0.60 is change in price x Price/ quantity
Therefore; -2 × 0.6/23 = -0.05
Using absolute value, the Price elasticity = 0.05
This is inelastic because demand is less than 1.
