what are market failures ​

Answers

Answer 1

Market failures refer to situations in which the allocation of goods, services, or resources in a market economy does not result in an efficient outcome.

What is a market failure ?

These failures stem from diverse factors that hinder the smooth functioning of the market mechanism. Externalities materialize when the actions of buyers or sellers unexpectedly impact third parties who are not directly involved in the transaction.

Public goods, which exhibit non-excludability and non-rivalrous consumption, pose challenges to private markets. Since individuals cannot be excluded from enjoying the benefits, and one person's consumption does not diminish availability to others, the private sector often fails to adequately provide public goods. Consequently, government intervention becomes necessary to ensure their provision.

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Related Questions

You decide to attend college next fall. List 3 or more opportunity costs and 3 or more opportunity benefits of ading college next fall.​

Answers

Answer:

Explanation:

Opportunity Costs for going to college

1. Cost of college tuition

2. Loss of income for getting a job right away instead of going to college

3. Time spend at college could be used of something else such as a hobby

Benefits for going to College

1. Getting a job with a higher salary

2. More job opportunities being available (i.e. jobs that require you be attending college or already have college degree)

3. Life experience you may gain attending college (such as mentoring from professors, joining clubs, etc.)

help help help help help help plsss

help help help help help help plsss

Answers

The factor that determines whether a metamorphic rock is foliated or non - foliated, is A. the presence or absence of mineral crystals.

What is the difference between foliated and non - foliated metamorphic rocks ?

The majority of the time, foliated rocks have aligned grains of flat minerals like chlorite. When the mineral grains are not arranged in planes or bands, as they are in foliated rocks, the rocks are said to be non-foliated.

Minerals that are platy or elongate and oriented in roughly parallel planes, wavy bands, or both are found in foliated rocks. Nonfoliated rocks may have colored bands that reflect minute impurities, but the primary minerals do not exhibit any obvious alignment.

Therefore, we can tell foliated and non - foliated metamorphic rocks apart, based on the presence of mineral crystals, or the lack thereof.

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Exercise 11-11 Capitalizing interest (LO 11-2) Kobe Company began constructing a building for its own use in February 20X1. During 20X1, Kobe incurred interest of $70,000 on specific construction debt and $15,000 on other borrowings. Interest computed on the weighted-average amount of accumulated expenditures for the building during 20X1 was $60,000. Required: 1a. What amount of interest should Kobe capitalize? 1b. Prepare the journal entry to record payment of the interest. 2. If interest computed on the weighted-average amount of accumulated expenditures for the building during 20X1 was instead $90,000, what amount of interest should Kobe capitalize?

Answers

1a. To determine the amount of interest that Kobe should capitalize, we need to compare the actual interest incurred on the specific construction debt ($70,000) to the amount of interest that could have been avoided if the expenditures had not been made ($60,000). The excess of actual interest over avoidable interest is the amount that should be capitalized.

Excess interest = Actual interest - Avoidable interest
Excess interest = $70,000 - $60,000
Excess interest = $10,000

Therefore, Kobe should capitalize $10,000 of interest.

1b. The journal entry to record the payment of the interest would be:

Interest Expense $85,000
Cash $85,000

($70,000 + $15,000 = $85,000)

2. If interest computed on the weighted-average amount of accumulated expenditures for the building during 20X1 was $90,000, the calculation for the amount of interest that should be capitalized would be:

Excess interest = Actual interest - Avoidable interest
Excess interest = $70,000 - $90,000
Excess interest = ($20,000)

Since the avoidable interest ($90,000) is greater than the actual interest incurred on the specific construction debt ($70,000), Kobe would not capitalize any interest.

NEED HELP ASAP
Cardinal Company is considering a five-year project that would require a $2,915,000 investment in equipment with a useful life of five years and no salvage value. The company’s discount rate is 16%. The project would provide net operating income in each of five years as follows:




Sales $ 2,863,000

Variable expenses 1,014,000

Contribution margin 1,849,000

Fixed expenses:

Advertising, salaries, and other fixed out-of-pocket costs $ 781,000

Depreciation 583,000

Total fixed expenses 1,364,000

Net operating income $ 485,000

14. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 45%. What was the project’s actual payback period? (Round your answer to 2 decimal places.)

Answers

If the discount rate increases, then net present value will decrease.

So, you would expect the project's net present value to be lower.

How to solve

Initial Investment = $2,915,000

Useful Life = 5 years

Annual Net Cash flows = Annual Net Operating Income + Depreciation

Annual Net Cash flows = $485,000 + $583,000

Annual Net Cash flows = $1,068,000

Answer 8.

Simple Rate of Return = Annual Net Income / Initial Investment

Simple Rate of Return = $485,000 / $2,915,000

Simple Rate of Return = 16.64%

Answer 5.

Present Value of Cash Inflows = $1,068,000 * PVA of $1 (16%, 5)

Present Value of Cash Inflows = $1,068,000 * 3.27429

Present Value of Cash Inflows = $3,496,941.72

Profitability Index = Present Value of Cash Inflows / Initial Investment

Profitability Index = $3,496,941.72 / $2,915,000

Profitability Index = 1.20

Answer 7.

Payback Period = Initial Investment / Annual Net Cash flows

Payback Period = $2,915,000 / $1,068,000

Payback Period = 2.73 years

Answer 9.

If the discount rate increases, then net present value will decrease.

So, you would expect the project's net present value to be lower.

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In a statement of approximately 75 words explain why the economic systems in countries with dictatorships or closed systems of government tend to be less prosperous and do not have healthy economic policies or markets.

Answers

The economy in countries with dictatorships or similar governments is often less prosperous because these countries usually have closed economy systems and this limits the profit from trading, the materials for manufacture, among others.

Most countries with authoritative governments such as dictatorial ones support closed economy systems, this means:

The country does not trade with others.There are no exportations and importations.All the good citizens buy are produced within the borders of the country.

These characteristics have been found to have mainly a negative effect because:

The country cannot obtain profits from trading with others.Manufacture and products are limited by those found inside the nation.Economic crises are difficult to overcome due to a lack of resources or support from other nations.

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Shantel has a checking account balance of $318.59. She wrote a check to United farmers Market for $52.17. What is Shantel's new checking account balance?

Answers

Answer:

$266.42

Explanation:

$318.59-$52.17=$266.42

Y=C+I+G C=120+0.8×(Y−T) I=500−50×r G=150 T=125

Answers

The value of the Income based on the consumption and investment given will be 4350 - 250r.

How to calculate the national income?

Based on the information given, it should be noted that the income of a country is represented as:

Y = C + I + G

In this situation, the meaning of the terms include:

Y = Income

C = Consumption

I = Investment

G = Government Expenditure

C=120+0.8×(Y−T)

I=500−50×r

G=150

T=125

Y = C + I + G

Y = 120 + 0.8Y - 0.8T + 500 - 50r + 150

Y = 120 + 0.8Y - 0.8(125) + 500 - 50r + 150

Y - 0.8Y = 120 + 100 + 500 - 50r + 150

0.2Y = 870 - 50r

Y = 4350 - 250r

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Complete question

Given Y=C+I+G C=120+0.8×(Y−T) I=500−50×r G=150 T=125. Find the value of y

A survey was conducted from 1000 people about what they like the most? By looking at graph how many people enjoyed grapes and bananas?

Answers

Answer: 270 people

Explanation:

Looking at the graph you can tell that: 20% of the people enjoyed grapes and 7% enjoyed bananas.

The percentage of people who enjoy both bananas and grapes is:

= 20 + 7

= 27%

1,000 people were interviewed. The number of people who enjoy both bananas and grapes is:

= 27% * 1,000

= 270 people

A survey was conducted from 1000 people about what they like the most? By looking at graph how many people

what does journalism have you do

Answers

Answer:

yas

Explanation:

Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?

Answers

The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.

How to find the manufacturing costs ?

Direct materials (Assembly + Testing & Packaging) = $375 + $39

= $414

Direct labor (Assembly + Testing & Packaging) = $168 + $84

= $252

Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126

= $442

Total manufacturing cost = $414 + $252 + $442

= $1110

Unit product cost = Total manufacturing cost / Number of units

= $1110 / 10

= $111.00

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In one ancient civilization, hunters shared fresh meat with other individuals in a group without an explicit timeframe or agreement about who would do what in return. However, the favor would surely be returned by those in the tribe who could cook, take care of children, and provide
shelter. What type of economy does this MOST closely describe?
A. Socialist economy
B. gift economy
С. market economy
D. planned economy

Answers

Answer:

B. Gift economy

Explanation:

Correct Answer: gift economy

In one ancient civilization, hunters shared fresh meat with other individuals in a group without an explicit

James is employed by a large corporation with 400 employees. The corporation provides its employees with a no-cost gym membership at the local public YMCA. The cost of the membership is $60/month, which is completely paid for by James' employer for all employees. How much, if any, must James include in his yearly gross income related to this fringe benefit

Answers

James must include $720 in his yearly gross income related to the fringe benefit.

Where the value of the athletic facilities is to be excluded from an employee's gross income, the facilities must be situated on the employer's business location. Moreover, the athletic facilities must be used exclusively by the employees and their dependents.

Due to the above, James's membership is at a public YMCA, hence taxable.  

Also, James start date with the corporation was not given, he would however receive 12 months of the benefit.

12 × $60 = $720

Therefore, James must include the full cost of $720 paid by his employer in his yearly gross income related to the fringe benefit.

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Ending retained earnings on the statement of retained earnings is calculated by adding stockholder investments and net losses and subtracting net income and dividends.
True or False

Answers

The given statement " Ending retained earnings on the statement of retained earnings is calculated by adding stockholder investments and net losses and subtracting net income and dividends." is false

because  A retained earnings statement is a financial statement that shows changes in a company's retained earnings over some time.

This assertion utilizes data, for example, overall gain from other fiscal reports to accommodate the start and finishing held income for the period to assist examiners with understanding how the organization's profits are being utilized.

An assertion of held profit is a yearly budget report ready by an organization that shows changes in how much-held income throughout some time.

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The several attempts to open successful Disney theme parks in multiple countries are examples of Disney using its _________________ to its advantage.

Answers

Answer:

Global brand.

Explanation:

Global brands are brands that are recognized throughout much of the planet. Companies aiming to create global brands must do the following: Identify the relative attractiveness of every marketplace for your brand; Conduct attitude and usage studies in each country during which you're considering entering. These global brands in an exceedingly lot of cases change as quality and superiority thanks to their experiences growth and time spent within the business. A lot of companies like McDonalds, Coca-cola and my others have made a mark to the world and will certainly be held in high esteem in every business that has its links towards them.

Which best describes an employer of Consumer Services workers? O a manager of a retail store a principal of a private school O a worker in a spa an archbishop in a church​

Answers

A manager of a retail store and a principal of a private school, Best describes an employer of Consumer Services workers.

What are customers?

A client is a person who purchases goods, services, or ideas from a seller, vendor, or supplier in exchange for money or another useful consideration. This definition applies to sales, commerce, and economics.

An individual or business that purchases goods or services from another company is known as a customer. Customers are crucial to businesses because they generate income; without them, they would cease to exist.

Customers' queries and worries should be heard, and any necessary responses should be given. Describe items and services in detail. Take orders, compute costs, and handle invoicing or payment processing. Examine customer accounts and make any required adjustments.

Therefore, option (A) is correct.

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In the United States, what is the average age range of CEOs?

A.
30s

B.
40s

C.
50s

D.
60s

Answers

Answer:

Explanation:

The average age range of CEOs in the United States is in their 50s. (Option C)

If Amelia would like to double her money in twelve years, how much interest does she need to earn O 12 percent O 16.6 percent O 6 percent 10 percent​

Answers

Out of the given answer choices, the interest rate that Amelia needs to earn to double her money in twelve years is 16.6 percent.

To find out how much interest Amelia needs to earn to double her money in twelve years, we need to use the compound interest formula.

This formula is used to determine the future value of an investment based on the principal, the interest rate, the number of compounding periods, and the time involved.
The formula is as follows: FV = PV x (1 + r/n)^(n*t)where FV = future value, PV = present value (the amount of money Amelia currently has), r = annual interest rate, n = number of times the interest is compounded per year, and t = time in years.

To double her money, Amelia needs to have a future value that is twice her present value. Therefore, we can set FV = 2PV and solve for r.

2PV = PV x (1 + r/n)^(n*t)Dividing both sides by PV, we get:2 = (1 + r/n)^(n*t)

Taking the natural logarithm of both sides, we get: ln(2) = ln[(1 + r/n)^(n*t)]

Using the power rule of logarithms, we can simplify the right side of the equation to ln(2) = (n*t) ln(1 + r/n)

Dividing both sides by (n*t), we get:ln(2) / (n*t) = ln(1 + r/n)

Finally, we can solve for r by raising both sides as the power of e: e^(ln(2) / (n*t)) = 1 + r/n

Subtracting 1 from both sides and multiplying by n, we get:r = n x (e^(ln(2) / (n*t)) - 1)

Plugging in the values given, we get:r = n x (e^(ln(2) / (n*12)) - 1)

We don't know the value of n, so we can try each of the answer choices to see which one gives us a value of r that works.

Using a financial calculator or a spreadsheet program like Excel, we can calculate the values of r for each interest rate.

Using 12 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0956 or 9.56 percent

Using 16.6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.1407 or 14.07 percent

Using 6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0488 or 4.88 percent

Using 10 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0794 or 7.94 percent

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Prior to May 1, Fortune Company has never had any treasury stock transactions. A company repurchased 200 shares of its common stock on May 1 for $10,000. On July 1, it reissued 100 of these shares at $52 per share. On August 1, it reissued the remaining treasury shares at $49 per share. What is the balance in the Paid-in Capital, Treasury Stock account on August 2?

Answers

Answer:

   $100

Explanation:

The computation of the balance in the paid - in capital for treasury stock account on August 2 is shown below:

On May 1                                         $0

July 1 : $2/share × 100 shares $200

Less:

Aug 1 : $1 share × 100 shares ($100)

Balance as on August 2                $100

We simply deduct the august 1 amount from the July 1 amount so that the balance as on August 2 for the paid - in the capital for treasury stock could come

2+2= fishwitharms.......................................................

Answers

Answer:

yes

Explanation:

Free Cash Flow

100

Growth rate

2%

Tax Rate

1%

Cost of Capital

5%

Debt-to-total value

50%

Given the data in the above, what is the terminal value of the business (using the growing perpetuity formula)?

Answers

Answer:

Explanation:

Terminal value of business Formula = FCF (1+g)/(WACC- g)

Where:

FCF= current free cash flow = 100  

g= Growth rate = 2%  

WACC = Weighted average cost of capital = Cost of capital = 5%

Terminal Value of the business= FCF (1+g)/(WACC- g)

Terminal Value of the business= 100 (1+2%)/(5%- 2%)

Terminal Value of the business= 3,400

In one paragraph, describe two ways in which the Credit Card Accountability Responsibility and Disclosure Act (CARD Act) helps customers.

Answers

Expanding on the Truth in Lending Act (TILA), the act was designed to protect consumers from unfair practices on the part of credit card issuers. It aims to eliminate or lower certain credit card charges, minimize manipulation of younger customers, and provide greater disclosure of fees to all users.

A consumer protection law called the Credit Card Accountability Responsibility and Disclosure Act of 2009 was passed to protect consumers from unfair business practices by credit card issuers. Increased disclosure of credit card terms and conditions, as well as limitations on associated fees and interest rates, are required to achieve this.

What is a Credit card?

A bank or other financial institution issues a small, rectangular piece of plastic or metal known as a credit card, which allows its owner to borrow money in order to pay for goods and services at establishments that accept credit cards.

To protect the customers against unfair practice The Credit Card Accountability Responsibility and Disclosure Act (CARD Act) were passed.

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9. Is it ever okay to argue or disagree with your boss? Why?​

Answers

Yes, Is it ever okay to disagree with your boss in a case whereby the ethics of the organization is not followed.

What is ethics?

As it investigates what is morally right or wrong, just or unjust, ethics looks at the intellectual justification for our moral judgements.

The study of ethics, often known as moral philosophy, "involves systematizing, defending, and endorsing conceptions of good and bad action," according to Wikipedia. Axiology is a subfield of philosophy that consists of the fields of ethics and aesthetics. These fields are concerned with issues of value.

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4.2.9 Quiz: Selecting a Candidate and Making an Offer
Question 9 of 10
Which of the following is a way for an HR department to ensure it is following
up with job candidates in an EEO-compliant manner?
OA. They ensure that they have asked job candidates about their
willingness to work weekends.
OB. They ensure that have look at their budget before making a firm
offer on the wage or salary.
OC. They ensure that they ask job candidates about why they left their
last job or position.
OD. They ensure job candidates have been recruited from a wide
variety of minority channels.

Answers

One way that an HR department can ensure it is following up candidates right is D. They ensure job candidates have been recruited from a wide variety of minority channels.

What is EEO Compliance ?

It is crucial for organizations to maintain a diverse candidate pool as it upholds EEO compliance, thereby preventing discrimination and enabling equal opportunities, adopting various minority channels in the recruitment process guarantees unbiased consideration of applicants from distinct backgrounds, which counters traditional recruitment methods that may be partial to certain groups.

Through this approach, HR departments can ensure impartiality and inclusivity in their hiring processes while serving the organization's overall best interests.

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Identify one way in which setting a goal can help a person budget
more effectively.

Answers

Like I’m going to increase my production by 100%

Mark and Ryan just moved into their first apartment together and they want to buy a flat screen TV for the living
room. They both work but between college tuition, books and rent their funds are running low. Mark decides to take
advantage of a financing offer from a local electronics store and buys the TV on a line of credit.
Is this a good or bad debt move? Why?

Answers

Answer:

I need points sorry plss forgive I really need it pls

C. It costs $1.15 to produce 10 gallons of lemonade. D. The cost of producing the lemonade increases at a rate of $1.15 per 10 gallons. The cost, C, of air conditioning your home, in dollars per day, when the temperature outside is T degrees Fahrenheit is given by y = C(T). When T = 92°F, C(92) = 1.83 and C' (T) = 1.64, for 90°F ≤ T ≤ 95°F. Approximate the cost to cool your home when the temperature reaches 38. 95°F, that is, C (95). A. $6.75 per day C. $2.25 per day 39. B. $3.09 per day D. $6.37 per day hour at which A conical-shaped reservoir has a depth of 20 feet and a radius of 10 feet. Water is leaking out so that the surface is falling at the rate of ft/hr. Find the rate, in cubic feet per water is draining when the water is 8 feet deep. V = = πr²h AT

Answers

When the water is 8 feet deep, cubic feet per water are draining. A. (102)(12) per hour

C. (202)(12) per hour

B. (102)(8) per hour

D. (202)(8) per hour 40. 8 feet, h = 12 feet

A. π(10²)(12) per.

How does water function?

The majority of living things move through water, which is the primary component of Earth's streams, lakes, and oceans. Chemically, it is transparent, tasteless, odorless, and nearly colorless. It is necessary for all known forms of life, despite the fact that it does not contain any organic nutrients or calories. Its chemical formula, H₂O, reflects the fact that each of its molecules consists of one oxygen atom and two hydrogen atoms connected by covalent bonds. At normal ambient temperature and pressure, H₂O is referred to as water. Fog-like aerosols and rain-like precipitation are the two outcomes. Clouds are formed by suspended and solid ice water droplets. When broken into small pieces, crystallized ice can form snow.

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What is the function of the evaporator?

Answers

Answer:

The evaporation of water is a physical process by which water changes from a liquid state to a gaseous state or water vapor. This process takes place on the surface of the water from a certain temperature and until the space is saturated with steam.

2. A marketing manager wants to assign four regions to four different salesmen. The salesmen differ in their efficiency and territories also differ in potentiality. An estimated sale (in Ks, 000s) by different sales men in the four territories are given below.
Territory
Salesman
X Y Z W
A 16 13 17 23
B 7 12 37 18
C 10 25 14 9
D 25 27 18 25

Determine an optimal assignment schedule for maximum sales.

Answers

The determination of the optimal assignment schedule for maximum sales is as follows:

Optimal Assignment Schedule

Territory                              Salesman          Maximum

                                   X        Y       Z      W       Sales

A                                                            23        23

B                                                   37                 37

C                                         27                          27

D                                 25                                 25

Max Sales Achieved 25   27     37    23        112

What is an optimal assignment schedule?

An optimal assignment schedule is the assignment schedule that achieves the objective function, which is the maximization of sales revenue according to the efficiency of salesmen and the market potentiality of the territories.

The maximum achievable sales is Ks 112,000, which is also equal to the maximum sales achieved through the optimal assignment schedule determined above.

Data and Calculations:

Sales per Territory and Salesman

Territory            Salesman        Maximum

                     X    Y       Z    W       Sales

A                   16   13     17   23         23

B                    7    12   37    18         37

C                  10   25    14     9        25

D                 25    27   18    25       27

Max Sales Achievable                112

Thus, to achieve the maximum sales revenue, the marketing manger should assign Salesman X to Territory D, Salesman Y to Territory C, Salesman Z to Territory B, and Salesman W to Territory A.

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The attached photo below has the correct answers

The attached photo below has the correct answers

Answers

Indeed they do yes Yes
I’m not sure if this is a question or a statement??

To be eligible for business deductions your business must make a profit in any blank years of a blank -year period

Answers

is that an question?
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