Answer:
Allocative Efficiency
Explanation:
Allocative efficiency takes place when the consumer's preference towards a particular good is the most which are measured by their willingness to pay to get it. This leads to achieving the optimum distribution.
In the given scenario, allocative efficiency is violated as Miami Heat is going to sign their desired product i.e. LeBron James who is a star player but they were not willing to pay the maximum to get him and rather got him anyway. Thus, the optimal distribution is not achieved.
The correct answer to this open question is the following.
You forgot to include the options for this question. However, we can answer the following.
This scenario best illustrates forward integration.
This is a case of forward integration because BlockWood Inc., which was facing similar difficulties with other buyers too, eventually stopped supplying raw materials and took to manufacturing furniture instead. SO they decided to fabricate their own furniture.
Companies make this decision as a process of vertical integration to expand and grow their business. In this case to produce and control their own products, eliminating the retailer that had decided to pay less money for the raw materials.
So now, Blockwood Inc. has the challenge to design and sell the products it is fabricating.
The process to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives is called risk assessment.
An entity refers to someone or enterprise owning separate and wonderful prison rights, inclusive of an individual, partnership, or organization. An entity can, amongst different things, personal assets, engage in enterprise, enter into contracts, pay taxes, sue, and be sued.
The entity name is the call used by an enterprise to enter into contracts and make other criminal or administrative commitments. alternatively, the business name is the name your commercial enterprise operates under and shares with its clients, customers, and employees.
That which has a wonderful life as an individual unit. often used for businesses that have no physical shape. An existent something that has the houses of being actual, and having an actual lifestyle.
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To find out the payout, we must first figure out the amount of equity we are
retaining for capital budget and then subtract from our Net Income. This
calculation will give us the amount in which will be paid out and we can then
divide this remaining amount by our Net Income to find the payout ratio.
Distribution = Net Income - (Target Equity Ratio * Target
Capital Budget)
Net Income$3,000,000
Target Capital Budget$5,000,000
Target Equity Ratio 40%
Distribution =$1,000,000
Knowing our distribution is $1,000,000, we can divide the
distribution by Net Income to find the payout ratio.
Distribution$1,000,000
Net Income$3,000,000
Payout Ratio 33.33% or 1:3
Answer:
Bezanitia,
1.782609
Explanation:
Opportunity cost is the cost of the next best option forgone hen one alternative is chosen over another alternative.
By choosing to produce one more motorcycle, the countries would be giving up the opportunity to produce one more unit of lawn mowers
Yekutia's opportunity cost in the production of motor cycle = 570 / 320 = 1.781250
Bezanitia's opportunity cost in the production of motor cycle = 410 / 230 = 1.782609