Answer:
B) Millcorp has a lawful innocent acquisition of a monopoly.
Answer:
Multiple choices are:
18.5%
16.7%
34.6%
15.9%
The correct option is the last one,15.9%
Explanation:
The simple rate of return is the annual incremental net savings divided by the initial investment.
The annual incremental net savings is the annual savings recorded from the new process minus annual depreciation charge.
annual savings is $143,000
depreciation charge=cost of new equipment-salvage value of old equipment/useful life of the new equipment
depreciation charge=($414,000-$18,000)/6=$66,000
simple rate of return=$66,000/$414,000=15.9%
Answer:
The correct answers are:
1. Nonexcludable, nonrivalrous
2. excludable, nonrivalrous
3. excludable, rivalrous
4. excludable, rivalrous
5. excludable, rivalrous
6. excludable, rivalrous
Explanation:
A good is excludable when ordinary people haven't paid for it can be prevented from using that good. It becomes a rival if the consumption of a person in that good diminishes another one's consumption of it. Rivalry and excludability are related. A very simple example of it is when an apple cannot be shared with an unlimited number of people.
The answer is (b) Greater,Rise ,toward
Explanation:
Refer to Exhibit 3-17. At a price of $16, the quantity demanded of good X is <u>Greater </u>than the quantity supplied of good X, and economists would use this information to predict that the price of good X would soon <u>Rise</u> .This would push the price <u>Toward</u> the equilibrium price
The law of Demand states that the price and the supply of the product are inversely related (i.e . ceteris Paribus).
Also an increase in the number of buyers of a particular product leads to a shift in the demand curve towards the right side
Answer:
c. 2.35%
Explanation:
10 year T bond Yield = 5.05 % (let it be rT10)
10 year TIPS yield = 1.8 % ( let it be r* )
MRP = 0.9%
Expected Inflation = rT10 - r* - MRP
= 5.05 % - 1.8 % - 0.9%
= 2.35 %
Therefore, The expected rate of inflation over the next 10 years is 2,35%.
