Answer:
The correct answer is b) American will leave fares unchanged and Southwest will leave fares unchanged.
Explanation:
The Nash Balance is a situation where individuals or players have no incentive to change their strategy taking into account the strategy of their opponents.
In the Nash equilibrium, the strategy chosen by each participant of a conflict or game is optimal, given the strategy chosen by the others. In other words, nobody will gain anything if they decide to change their strategy under the assumption that the other individuals do not change theirs.
It should be noted that under the Nash equilibrium the greatest gain is not necessarily obtained for all individuals or players as a whole. It is only true that each responds optimally to the strategy of others. In many cases, individuals would like to be able to reach another balance with higher profits but fail to do so because they face the risk of being betrayed.
quizlit A $1,000 bond quote in the business press reports Coupon (%) of 3.45, Maturity of 2024, Current ($) of 1,012.90 and Yield (%) of 3.29. Which of the following is true regarding this bond?
a) When the bond matures in 2024, the issuer will pay $1,000 plus any interest owed.
b) The bond sold at a discount because the stated rate is greater than the market rate of interest.
c) The bond sold for $1,000 on that day.
d) The investor who purchased the bond at the current price will earn a return of 3.29%
e) The bond sold at a premium because the stated rate is greater than the market rate of interest.
f) When the bond matures in 2024, the issuer will pay $949.20 plus any interest owed.
g) The bond sold for $1,012.90 on that day.v
Answer:
A) when a bond matures, the company must pay the face of the bond plus any interest due.
D) since the market rate is 3.29%, that is the interest that the investor will receive from the bond
E) when a bond is sold at a higher price than face value ($1,0112.90 > $1,000), it is sold at a premium
G) the bond's price for that specific day was $1,012.90
If the Canadian dollar to U.S. dollar exchange rate is 1.21 and the British pound to U.S. dollar exchange rate is 0.68, what must be the Canadian dollar to British pound exchange rate?
Answer:
Canadian Dollar/US dollar= 1.21
British Pound to US dollar = 0.68
Canadian Dollar to British pound =?
In order to find Canadian dollar to British pound we will have to multiply Canadian Dollar/US dollar with US Dollar to British pound this way US dollar will cancel each other out as one will be in the numerator and one in the denominator and then Canadian dollar will be in numerator and British pound will be in the denominator and we will get Canadian dollar/ British Pound. We know the Canadian Dollar/ US dollar rate but we need to find the US dollar to British Pound rate and in order to do that we will divide 1 by the British Pound to US dollar rate. So
US Dollar to British Pound rate = 1/0.68 = 1.47
Canadian Dollar/British Pound = Canadian Dollar/US Dollar * US Dollar/ British Pound
Canadian Dollar to British Pound = 1.21*1.47= 1.78
Explanation:
The Canadian dollar to British pound exchange rate is 0.8232, obtained by multiplying the given exchange rates. This represents how much one unit of a currency can be exchanged for another.
Explanation:The question asked was: "If the Canadian dollar to U.S. dollar exchange rate is 1.21 and the British pound to U.S. dollar exchange rate is 0.68, what must be the Canadian dollar to British pound exchange rate?"
This question involves the principle of currency exchange rates. To find the exchange rate from the Canadian dollar to the British pound, we use these exchange rates to relate the Canadian dollar to the U.S. dollar and then the U.S. dollar to the British pound.
Step 1: 1 Canadian dollar = 1.21 U.S. dollars (from given)
Step 2: 1 U.S. dollar = 0.68 British pounds (from given)
Step 3: Multiply these exchange rates (as one would do in unit conversions) and cancel the U.S. dollar units.
So, 1 Canadian dollar = 1.21 * 0.68 British pounds = 0.8232 British pounds.
Hence, the Canadian dollar to British pound exchange rate is 0.8232, meaning 1 Canadian dollar can buy 0.8232 British pounds.
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How would Skaters World, Inc.'s return on equity (ROE) be different if the company were to issue $200,000 of 10% bonds instead of $200,000 in stock? Assume income before interest and taxes is estimated to be $100,000, income taxes are 35% and stockholders' equity is initially $300,000.
a. ROE would be the same.
b. ROE would be higher with bonds.
c. ROE would be lower with bonds.
Answer:
B) ROE would be higher with bonds.
Explanation:
If the company issued $200,000 bonds with 10% interest rate, the return on equity (ROE) would be:
EBIT = $100,000
interests = ($20,000)
net income = (ebit - interest) x (1 - 35%) = ($100,000 - $20,000) x 65% = $80,000 x 65% = $52,000
ROE = $52,000 / $300,000 = 17.3%
If the company issued $200,000 in new stocks, the return on equity (ROE) would be:
EBIT = $100,000
net income = ebit x (1 - 35%) = $100,000 x 65% = $65,000
ROE = $65,000 / $500,000 = 13%
A major international corporation has steadily bought up all of a certain resource so they control it. Because they have done this, they are the only corporation manufacturing and marketing the finished product. _________ is occurring.
Answer: Monopoly
Explanation: In simple words, monopoly refers to a market structure in which there is only one participant in the market that is offering that particular product or service.
Generally, such kind of market structure arises due to patent rights or some innovation etc. Although there is only one participant in such structures, it can not over price it commodities as the law of demand applies to such structure also.
Hence from the above we can conclude that a monopoly is occurring in such a structure.
Refer to Gina Robinson, Inc. As the employees form teams at GRI, they should know that each person's role withinthe group starts to become apparent during the ________ stage of team development.a. normingb. adjourningc. performingd. storminge. forming
Answer:
a. norming
Explanation:
Referring to the given information, The Tuckman's stage of development theory explains the importance of communication among employees in the norming stage.
Norming stage focuses on building the effective communication between the employees so that they do not hesitate in interacting, and start sharing their views with other employees.
This is basically needed, in order to ensure the best results in the stage of performing. As that would be possible only when the employees who would perform together do interact properly and engage to express openly about the difficulties, and ask for help.
When individuals use their home computers to buy and sell stock that is not listed on a securities exchange, they are participating in the , which has existed since long before home computers were invented.
Answer:
Over the counter market
A person wants to invest $24,000 for 2 years and is considering two different investments. The first investment, a money market fund, pays a guaranteed 6.7% interest compounded daily. The second investment, a treasury note, pays 6.8% annual interest. Which investment pays the most interest over the 2-year period?
Answer:
The first investment in money market fund.
Explanation:
The first investment, a money market fund, pays a guaranteed 6.7% interest compounded;
Compound Interest Calculation
=[tex]P [(1 + i)^{2} -1][/tex]
=[tex]24000 [(1 + 0.067)^{2} -1][/tex]
=$27,323.74 - $24,000
=$3,323.74
The person will get a total interest of $3,323.74 in 2 years
The second investment, a treasury note, pays 6.8% annual interest
=$24,000 * (6.8/100) = $1,632
= $1,632 * 2 = $3,264
The person will get a total interest of $3,264 in 2 years
With the above computations. It will be favourable if the person invested in the money market fund.
Which diversification strategy is based on the idea that the company creates value by applying the distinctive competencies it developed in one line of business to another business activity?
Answer:
Related diversification
Explanation:
Related diversification
As the name indicate related diversification is related to expansion of business in the same field to which it is currently working. This can be explained by one example. If any corporation are in a business of making computer parts and the very same corporation expand their business by making related articles like calculator, smart watch etc. These all are come in the related diversification.
Which of the following is the federal agency charged with protecting consumers from "unreasonable risks of injury and death" from products such as toys, lawn mowers, washing machines, bicycles, fireworks, pools, portable heaters, and household chemicals?A.The Consumer Product Safety CommissionB.The Consumer Goods Commerce AgencyC.The Consumer Financial Protection BureauD.The Federal Trade Commission
Answer:
The correct answer is option A.
Explanation:
The consumer product safety commission is an independent agency of the US government. It works to promote the safety of consumer products. It addresses the unreasonable risk of injury and develops uniform safety standards.
This agency was founded in the year 1972 by the consumer product safety act. It basically protects the public from the products that can be dangerous, for instance, lawnmowers, washing machines, etc.
In early 2008, it appeared that the U.S. economy was either in a recession or growing very slowly. President Bush announced a program of tax rebates. This program can be described as and was intended to_________a.discretionary fiscal policy; increase government spending.b.discretionary fiscal policy; decrease government spending.c.discretionary fiscal policy; increase consumer spending.d.an automatic stabilizer; increase consumer spending.e.an automatic stabilizer; increase government spending.
Answer:
C. Discretionary fiscal policy and meant to increase consumer spending.
Explanation:
Discretionary fiscal policy is basically the tax rebates that changes the expansion or shrink the economy as needed.
Cleaners & Solvents, Inc. (CSI), engages in deceptive advertising when it markets its product Dirt Remover as able to kill germs over long periods of time. In an action against CSI regarding Dirt Remover, the firm is ordered to stop its false advertising of Dirt Remover and other products. This is
Answer:
multiple product order
Explanation:
A multiple product order is not a court order, but rather an order coming from the Federal Trade Commission ordering a firm that has used false or deceptive advertisement to stop doing it. This prohibition includes all the products manufactured or sold by the company that used the false advertisement.
In this case, CSI has to stop all types of advertisement regarding the products that it manufactures.
According to House's path-goal theory, behaviors such as setting goals, assigning tasks, showing subordinates how to complete tasks, and taking concrete steps to improve performance are _____ behaviors.A.achievement-orientedB.participativeC.supportiveD.directiveE.positional
Answer: (D) Directive
Explanation:
The directive behavior is one of the leadership behavior which are characterized by ensuring the subordinates are clearly understand all the rules and setting the main and clear objective.
The directive behavior are important as it improve the performance and also setting the task and goals to each subordinate.
In the given situation, the theory of housing oath goals setting the goals and also showing the subordinate how they can complete the task more effectively and efficiency so this is known as directive behavior.
Therefore, Option (D) is correct.
quizlit Businesses finance their operations using a mixture of ______. debt, such as issuing bonds, and equity, such as issuing stock interest and dividends capital investments, such as issuing stock and equity, such as issuing bonds debt, such as issuing stock, and borrowings, such as issuing bonds
Answer:
The correct answer is debt, such as issuing bonds, and equity, such as issuing stock.
Explanation:
Any of the capitals mentioned in each company has an exact measure, its deficit or excess are difficult situations that make the difference between losing or successful companies. Although when talking about financial resources, the desired situation is that they exceed the needs of the company, it is also true that if they exceed prudent levels, they fail to comply with a primary mandate of the business world: profitability, generate maximum profits with the least amount possible of assets or capital.
The sources of financing can be internal or external and at the same time have a link in the form of capital contributions or in the form of debt. Inmates refer to the ability to generate retained earnings and / or cash flows that can be reinvested in growth processes. In many cases the internal cash generation does not run at the same speed of the growth processes, this happens when the surpluses only partially cover what is required to leverage the expansion. In these cases, internal sources via capital are considered. On the other hand, the company can also resort to internal sources via labor liabilities or through provisions, which have a behavior by debt modality.
If people speculate that a run on one bank will cause a run on all banks in the financial system, and this speculation proves accurate, then the financial system would experience what is known as a:__________
Answer:
This is known as Bank panic
Explanation:
Bank panic happens when in a banking system, many banks suffer from a bank run, that is, many of its depositors loss their confidence that the bank may repay their deposit, thus they want to withdraw their deposit put with the bank.
As Banks operating using notably high leverage, many of its assets are not highly liquid ( e.g: loans, bonds that will not be paid until maturity) and the fact that they lend to and borrow from each others frequently and heavily, a bank run happens for one bank may cause liquidity issues to not only that bank but also other banks in the systems.
Having understood that, people tend to speculate that a run on one bank will cause significant problem to the systems, and a likely probability that bank panic occurs.
In a fixed-order-quantity system, when demand is uncertain, using economic order quantity (EOQ) based only on the average demand will result in a low probability of a stockout. True or False?
Answer:
False
Explanation:
If the demand is uncertain, if you use average demand to calculate the economic order quantity (EOQ), you will have a high probability of a stock-out occurring.
EOQ = √(2DS / H)
where:
D = annual demand in units
S = order cost per purchase order
H = holding cost per unit, per year
If D is uncertain, then the whole calculus will either be understated or overstated.
Martha used a SWOT analysis to assess her own internal business plan. Her store would cater to students who could also use the location to study and socialize. This unique aspect of her shop represents which element of the SWOT analysis?
The unique aspect of Martha's shop that caters to students who can use the location to study and socialize is an Opportunity in SWOT analysis. Opportunities are part of the external factors in a SWOT assessment, in this case the opportunity is linked to a specific target audience.
Explanation:Martha's unique aspect of her shop catering to students who could also use the location to study and socialize represents the Opportunities element of the SWOT analysis. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. Strengths and Weaknesses generally refer to internal factors, while Opportunities and Threats refer to external factors. In this context, the opportunity is the specific niche of students who would value a place to study and socialize alongside shopping.
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The unique aspect of Martha's shop represents the opportunity element of the SWOT analysis.
Explanation:The unique aspect of Martha's shop, where students can study and socialize, represents the opportunity element of the SWOT analysis. Opportunities are external factors that can contribute to the success of a business. In this case, the opportunity lies in catering to the needs of students by providing a location that fulfills their studying and socializing needs.
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Brianna, a salesperson for Cosmetics Corporation, learns that Cosmetics will increase the dividend it pays to shareholders. Brianna buys 10,000 shares of Cosmetics stock. When the price increases, Brianna sells the shares for a profit. If Brianna is liable for insider trading, it is because she:__________
Answer: traded on material non public information
Explanation: Material non public information refers to the information that is not made available to the general public by the firm and can influence the decision making of a general investor regrading buying or selling of the stock.
Insider trading refers to the practice in which the top level employees of an organisation trade the stock of the company on the basis of the information they possess that are not made available to the public yet.
Hence we can conclude that Brianna is liable for insider trading as she had the inside information that the dividends of the company are gonna increase.
You've been asked to prepare a T-bone steak. Which primal beef cut are you most likely to select? A. Top round B. Short loin C. Eye round D. Top sirloin
The Short loin is the primal beef cut from which a T-bone steak is derived. It is chosen for its combination of top loin and tenderloin steak, offering a tender and flavorful meal. Other cuts like top round are leaner options but not applicable for a T-bone. Hence the correct answer is D.
When preparing a T-bone steak, you will most likely select the primal beef cut from the Short loin. This is because the T-bone steak is a cut that features both a strip of top loin (similar to New York Strip) and a portion of tenderloin steak (filet mignon), with a T-shaped bone in between. It's a premium cut known for being particularly tender and flavorful.
Other beef cuts such as the top round, eye round, and top sirloin are considered lean meats. While these are also quality cuts of beef, they are not where T-bone steaks are obtained. As part of good nutritional practice, choosing cuts of meat that are lower in fat is recommended, and visible fat should be trimmed. Furthermore, portion control is essential, with a general guideline that three ounces of meat or poultry is approximately the size of a deck of cards.
Can there be constant returns to scale in an industry with an upward-sloping supply curve?
Explain. Constant returns to scale with an upward-sloping long-run industry supply curve
A. are possible because proportional increases in inputs yielding the same proportional increase in output may induce higher input prices.
B. are possible because proportional increases in inputs yielding greater thangreater than proportional increases in output may induce higher input prices.
C. are not possible because proportional increases in inputs will only yield the same proportional increase in output if input prices remain constantinput prices remain constant.
D. are possible because proportional increases in inputs yielding the same proportional increase in output may induce lower input prices.
E. are not possible because proportional increases in inputs yielding the same proportional increase in output will induce lower input prices.
Answer:
A) are possible because proportional increases in inputs yielding the same proportional increase in output may induce higher input prices.
Explanation:
Constant returns to scale mean that any proportional increase in inputs will result in an equally proportional increase in outputs.
The price of inputs might also rise because their supply curves are also upward sloping. This would result in an increasing cost industry, that will have an upward sloping long run supply curve.
So an industry can have constant returns to scale and upward sloping supply curve.
Yesterday, the president of RB Enterprises received a phone call from DLK, a competitor. DLK is a sole proprietorship. An unexpected family situation has caused the owner to suddenly want to retire and relocate closer to his family. Thus, the assets of DLK are being offered to RB Enterprises at a bargain basement price. While RB Enterprises had not anticipated purchasing these assets, it was decided that the opportunity was too good to pass up. This illustrates which of the following needs to hold cash?
A. precautionary
B. transaction
C. speculative
D. compensation
E. float
Answer:
Speculative
Explanation:
Investors/ traders normally use this tactic to hold cash so as to make the best use of any investment opportunity that may come up
Keeping all money invested doesn't always provide the best solution all the time. Maintaining some amount of liquidity in one's portfolio is one of the top priorities for an investor. Generally, investors keep a fair amount of such cash with them so as to earn higher profits.
.In such a situation as RB enterprises was put in , the cash kept aside by the them equips him to exploit such an attractive investment opportunity. This is known as speculative motive.
You are part of an information systems project team. your job is to ensure that the technology and vendor suggested for use in the project are consistent with the is strategy. your role in the project steering team is _____.a. project championb. project sponsorc. is managerd. project manager
Answer:
The correct answer is (c)
Explanation:
Information systems manager (IS Manager) represent data innovation in an association, regulating a group of IT experts. The job incorporates data frameworks arranging, establishment, and support, including equipment and programming overhauls. IS directors may concentrate on a particular issue, for example, arrange security or Internet administrations, or they may organise all innovation tasks
Final answer:
In an information systems project team, ensuring alignment of technology and vendors with IS strategy is typically the job of an IS Manager, not a project manager, sponsor, or champion.
Explanation:
Your role in an information systems project team with a focus on ensuring that the technology and vendor selected aligns with the IS strategy is typically that of a IS Manager. This position is not necessarily responsible for managing the entire project or championing it, nor are they the sponsor providing the funds or resources. Instead, the role involves strategic oversight regarding the technology's fit with company goals and strategic planning around information systems.
The Coalition of Independent Music Stores, a group of 44 prominent independent record stores in 25 states, operates as a way for these stores to strengthen themselves with tactics such as cooperative advertising. This form of ownership is known asA. an administered system.B. a vertically integrated chain.C. a corporate system.D. a cooperative system.E. a contractual system.
Answer:
E. A contractual system.
Explanation:
A contractual system is basically are where firms at all kind of levels working together in production and distribution to achieve even greater than they would on their own.
Innovative Products reported net income of $222,000. Beginning and ending inventory balances were $45,000 and $46,000, respectively. Accounts Payable balances at the beginning and end of the year were $38,500 and $35,500, respectively. Assuming that all relevant information has been presented, the company would report net operating cash flows of:
Answer:
net operating cash flows = $218000
Explanation:
given data
net income = $222,000
Beginning inventory = $45,000
ending inventory = $46,000
Beginning Accounts payable = $38,500
ending Accounts payable = $35,500
to find out
net operating cash flows
solution
first we get here Increase in Inventory that is
Increase Inventory = ending inventory - Beginning inventory .......................1
put here value
Increase Inventory = $46,000 - $45,000
Increase Inventory = $1000
and
Decrease in Accounts payable will be here as
Decrease in Accounts payable = Beginning Accounts payable - ending Accounts payable ........................2
put here value we get
Decrease in Accounts payable = $38,500 - $35,500
Decrease in Accounts payable = $3000
so net operating cash flows will be
net operating cash flows = Net Income - Increase Inventory - Decrease in Accounts payable .......................3
put here value
net operating cash flows = $222,000 - $1000 - $3000
net operating cash flows = $218000
Crane Company incurs these expenditures in purchasing a truck: cash price $23,030, accident insurance (during use) $1,690, sales taxes $1,380, motor vehicle license $670, and painting and lettering $2,140.What is the cost of the truck?
Answer:
Cost of truck = 27,220
Explanation:
The Cost of the Truck is Calculated as Follows
$
Cost Price 23,030
Accident Insurance(
its a revenue expenditure
as it will reoccur after 1 year) -
Sales Tax
( One time Cost Capital expenditure) 1,380
Motor Vehicle License
( One time Cost Capital Expenditure) 670
Painting and Lettering
( Capital Expenditure ) 2,140
Cost of truck 27,220
Motorcycle-safety courses, offered by a number of organizations, teach motorcyclists important techniques for handling their vehicles and for safely sharing the road with other road users. If more motorcyclists took these courses, there would be fewer serious motorcycle accidents. Data show that 92 percent of the motorcyclists who are involved in a serious motorcycle accident have never taken a motorcycle-safety course.
In assessing whether the data cited provide support for the position taken about more motorcyclists’ taking the courses, it would be most useful to determine which of the following?
Cool, question is asking for what will be helpful to determine the blue above
A) Whether significantly more than eight percent of motorcyclists have taken a motorcycle-safety course Maybe. Leave it on side. No reason to reject
B) Whether it is riskier for a motorcyclist to ride with a passenger behind the rider than to ride alone Too much implied and not enough mentioned in stem. This is overthinking it. Reject
C) Whether the different organizations that offer motorcycle-safety courses differ in the content of the courses that they offer Nothing in the stem talks about different courses. Reject.
D) Whether more than 92 percent of serious motorcycle accidents involve collisions between a motorcycle and another vehicle in motion So what is it's with a crash against a pavement or another vehicle? I don't see how this is relevant.
E) Whether variations in the size and potential speed of a motorcycle influence the risk of a serious accident’s occurring Same as above, no information is provided about size and speed of a motorcycle in the stem or in the course
Answer:
A) Whether significantly more than eight percent of motorcyclists have taken a motorcycle-safety course
Explanation:
It would be very useful to know what percentage of motorcyclists have actually taken a safety course. If that number is much larger than just 8%, for example 30%, then we can conclude that taking the safety really does lower your chances of being involved in an accident.
If only 8% (or a similar number) of motorcyclists have taken any type of safety course, then it would be expected that around 8% of the accidents involved them.
On the other hand, if only 1-2% of the motorcyclists have taken a safety course and 8% of the accidents involve them, then taking the course is a bad idea since your probabilities of having an accident increase.
A) Whether significantly more than eight percent of motorcyclists have taken a motorcycle-safety course
Here's why this is important:
Current Course Participation Rate: If significantly more than eight percent of motorcyclists have already taken these courses, and the rate of serious accidents is still high, then it might indicate that taking the course isn't as effective as suggested. Conversely, if fewer have taken the courses, it supports the idea that increasing participation could lower accident rates.
Accident Involvement Data: The original statement mentions that 92 percent of those involved in serious accidents have never taken the course. Understanding whether more than eight percent of the general motorcyclist population has taken the course helps clarify whether those who have taken the course are indeed safer.
Effectiveness of the Courses: If the participation rate among motorcyclists is low and the accident rate is correspondingly high among those who haven't taken the course, it bolsters the claim that safety courses are beneficial. This information would be vital to advocate for policies or incentives to encourage more motorcyclists to enroll in these safety courses.
Therefore, option A is the most relevant and useful to determine in order to evaluate the support of the position stated.
The Hoffmans were having their home remodeled by All-Right Contractors. The roof had to be removed in order to build the second story the Hoffmans had contracted and designed to build. After All-Right had removed the roof, but before a covering was placed over the exposed half of the home, All-Right's foreman said the job would cost an additional $12,500. The Hoffmans refused to agree to the additional fees and All-Right's foreman said, ""Suit yourselves. Looks like rain for the next day or two,"" and left. The Hoffmans called All-Right and agreed to pay the $12,500 extra and went in to sign the paperwork. Which of the following statements is true?
a. The contract for the additional $12,500 is valid and binding.
b. The contract for the additional $12,500 is invalid because of duress.
c. The contract was not valid because of duress, but the Hoffmans signed anyway - so there is a valid and enforceable agreement.
d. none of the above
Answer:
I believe that the contract for the additional $12,500 is a valid contract but can be voided by the Hoffmans if they prove that duress was established, so it is a voidable contract.
Explanation:
In legal terms duress means that someone was illegally forced to accept a contract or perform an action. In this case the Hoffmans were victims of duress since All-Right's foreman forced them to accept the price increase or there house would be in bad shape due to rain. It's like a doctor asking more money in the middle of an operation or else he will stop operating.
Consider the following story:Diversifun, Inc., an insurance company, recently decided to offer boat insurance. Diversifun was concerned that the most likely boat insurance customers would be the least competent, highest-risk boat captains, because they stand to benefit most from boat insurance coverage. Since Diversifun cannot distinguish perfectly between high-risk and low-risk skippers, it decided to set its boat-insurance premiums a bit higher to account for the foolhardy sea captains.The economic problem in this story is known as________________.A) Adverse selectionB) SignalingC) Moral hazardD) Screening
Answer:
correct option is A) Adverse selection
Explanation:
to find out
the economic problem in the story
A) Adverse selection B) Signaling C) Moral hazard D) Screening
solution
Diversifun boat insurance so here in economic problem story is Adverse selectionadverse selection is the tendency of those in the risky job or the high risk lifestyles to get life insuranceIt is the situation where sellers has information that buyers do not about some aspect of product quality ( and the vice versa)so here correct option is A) Adverse selection
Mr. Smith put his laptop up for sale. He is aware of the fact that the laptop malfunctions frequently. However, none of the potential customers who came to buy the laptop were able to discover the problem and one of them actually bought it at a remunerative price. This occurred due to ________.
a) the selective retention of information by sellers the presence of positive
b) externalities the presence of negative
c) externalities the presence of asymmetric information
Answer: The presence of asymmetric information
Explanation: In simple words, asymmetric information refers to the situation when one party to a contract have extra information regarding a subject than the other party of the contract.
Asymmetric information creates the potential of misconduct from the leading party as they can easily cheat the other party by concealing that important information.
In the given case, Mr. Smith was aware that his laptop is not working properly but still he sold its to a customer who was not aware of it. Thus, we can conclude that the correct option is C.
Use the information in the following paragraph to answer the following questions.
Taffe Inc. is a large corporation founded in the 1950s. They produce chemical concentrates for industrial cleaning. They follow a strict set of rules and regulations. They have the ability to track a large amount of data using statistical techniques. Eberle Health Corp. is a regional medical center. They tie pricing of services and profits to specific services in the medical center.
Based on the given description, which of the following control systems does Eberle Health Corp. follow?
a) market
b) rational
c) legend
Answer:
jdjdgdhehhehe
Explanation:
im trolling u because im bored jauahheejejejehwhejejsiekeirkrieiekeiejeue
Based on the given description, the control system Eberle Health Corp. follow is the market control system. Thus the correct option is A.
What is a Context clue?Any kind of hint or idea reflects from the statements which helps the reader to understand the clear context in which the word is used is refers to a context clue. This clue helps the reader to determine the appropriate meaning.
in the given case, it is explained that A significant corporation named Taffe Inc. was established in the 1950s. Chemical concentrations for commercial cleaning are produced by them. They adhere to a rigid set of laws and guidelines.
An examination and assessment of the business manager's and executives' advertising strategies and intentions are known as marketing control.
It is their obligation to ensure that all of the industry's promotional campaigns and operations are always focused on achieving their sales objectives.
Therefore, option A is appropriate.
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Bryan tells his friend Jane, "I don't think it's fair that you don't have a cell phone and the rest of our friends do. In consideration of that unfairness, I will pay you $400 for you to buy a new phone." This contract is:____________
Answer: unenforceable, because it is not a bargained-for exchange.
Explanation: In simple words, an agreement will be considered as a contract only when there is a bargain of exchange. Bargain of exchange refers to the provision in which both the parties involved in a contract promises to perform an activity in exchange for one another.
In the given case, there is only one party performing something for the other. Hence it is not a contract and thus not enforceable.