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Alborosie
3 years ago
13

Kenneth Arrow discussed two important situations in which profit maximization can be socially inefficient. One of these occurs w

hen
Business
1 answer:
mart [117]3 years ago
5 0

Answer:

Explanation:

One of these occurs when costs are not paid for, as in pollution, the other is when there is an imbalance of knowledge between buyer and seller. Pollution  can be a consequence that cannot be solved with money and can also be socially irresponsible for a company. On the other hand, an imbalance of knowledge can prevent a company from profit maximization if the seller does not understand the product or services that the buyer is selling.

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Answer:

The above pic might help you :)

7 0
3 years ago
A campus deli serves 200 customers over its busy lunch period from 11:00 a.m. to 1:00 p.m. A quick count of the number of custom
Hitman42 [59]

Answer: 2 hours

Explanation:

5 0
2 years ago
On January​ 31, 2021​, Pristar ​Logistics, Inc., issued 10​-year, 5​% bonds payable with a face value of $5,000,000. The bonds w
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3 years ago
Bob got a 30 year Fully Amortizing FRM for $1,500,000 at 4%, except with non-constant payments. For the first 2 years Bob will p
ikadub [295]

Answer:

$1,593,535.83

Explanation:

Future Value of mortgage determines the future value of a mortgage after payments have been made, at a regular frequency, charged a regular rate of interest, compounded at payment dates.

DATA

PV = $1,500,000

N = 24

r = 0.04/12

PMT = $1250

FV =?

Solution

PV = (PMT/r)*[1 – 1/(1 + r)^N] + FV/(1 + r)^N

1,500,000 = (1250/(0.04/12)) * (1 – 1/(1 + 0.04/12)^24) + FV/(1 + 0.04/12)^24

1,500,000 = 28785.31353687 + 0.92323916 FV

FV = (1,500,000 - 28785.31353687)/ 0.92323916

FV = $1,593,535.83

5 0
3 years ago
Ciara is taking AP Biology and her twin brother, Elon, is in regular Biology. At the end of the year, Ciara earned a B and Elon
ozzi
Both Ciara and Elon earned the same number of points toward their GPA.

AP classes are on a 5.0 scale, so a b in an AP class is the same as an A in a regular class
8 0
2 years ago
Read 2 more answers
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