Business, 21.11.2019 22:31 elizabethhubbe
Consider a used car market in which half the cars are good and half are bad (lemons). if buyers are rational, the prices being offered for used cars will result in: a) an equal proportion of good cars and lemons being sold in an inefficient market. b) a larger proportion of good cars being sold and consequently, consumer surplus is increased. c) a larger proportion of lemons being sold and consequently, producer surplus is increased. d) an equal proportion of a good cars and lemons being sold in an efficient market.
Answers: 3
Business, 22.06.2019 07:30
Fill in the missing words to correctly complete each sentence about analyzing a job posting. when reviewing a job posting, it’s important to check theto determine whether it’s worth your time to apply. if the post has been up for a while or it’s already closed, move on to the next position. if it’s still available, take note of when it closes so you’ll know when you mayfrom the company in regard to an interview.
Answers: 1
Business, 22.06.2019 11:00
T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow
Answers: 1
Business, 23.06.2019 03:00
What are the weak points of economic costs that are part of a free enterprise economy?
Answers: 1
Business, 23.06.2019 09:30
If gerry is approved for a $150,000 mortgage at 3.75 percent interest for a 30-day loan, what would the monthly payment be?
Answers: 1
Consider a used car market in which half the cars are good and half are bad (lemons). if buyers are...
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