the market for gadgets is in equilibrium, with the price at $5 per unit and total sales being 1,000 gadgets per year. the elasticities of demand and supply at this equilibrium are estimated to be -0.7 and 2.0 respectively. find the new equilibrium price and quantity as a result of the imposition of a 15% excise tax.

Answers

Answer 1

Quantity at new equilibrium = 895

The term "equilibrium quantity" refers to the quantity at which the market's demand and supply of a product are in equilibrium. The intersection of aggregate demand and aggregate supply is the equilibrium quantity on a graph.

The new price of equilibrium is $5.75.

The new equilibrium value is 8.95.

Information provided:

The cost of equilibrium is $5 per unit.

Each year, 1,000 gadgets were sold all together.

At equilibrium, demand has an elasticity of -0.70.

At equilibrium, the elasticity of the supply is 2.

15% is the excise tax rate.

What does it mean to be in equilibrium?

A state of balance between opposing forces is also referred to as equilibrium. Additionally, equilibrium is a state of mental peace.

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Related Questions

Match each product life cycle stage to its description.

Answers

Answer:

answer and explanation are below.

Explanation:

Hi, I'll try to be brief and accurate.

During this stage, three things fall: Customers, sales and competitors. - Decline, decline because at the beginning of a new launched product there may be some cons and pros for customers and sales.

Sales and profits begin to rise during the stage of the product life cycle - Growth. Growth because customers are being more attracted to your product because you are marketing your product often. smart convincing works here.

In this stage, a new product is launched, and financial losses are common - Introduction.  A new product is launched, and you may invest a large amount of money and lose sales.

At this time, profits are high and per-customer cost is at its lowest. - Maturity. - More and More customers are attracted to your product because of the high local marketing.

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victor manages an office supply store. his goal is to keep just enough cash on hand to pay the store's bills, including employee wages, supplies, and utilities, as they fall due. in this scenario, the cash victor keeps on hand is called

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In this scenario, the cash Victor keeps on hand is called a transaction balance. A transaction account is one that you use for day-to-day banking activities such as paying bills and receiving your paycheck.

Transaction balance is a custodian fund that uses deposit bank accounts to track specific department deposits. Large campus departments with a high volume of deposit activity use TBA accounts.

A transaction account is one that you use for day-to-day banking activities such as paying bills and receiving your paycheck. Transaction accounts are also known as 'everyday accounts.' All posted credit and debit transactions are added to your account balance. It is the amount in your account before any pending charges are deducted.

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fill in the blank: a data analytics team uses to indicate consistent naming conventions for a project. this is an example of using data about data.

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This is not a answer just needed to answer sum to ask more

rent control question 5 options: 1) serves as an example of how a social problem can be alleviated or even solved by government policies. 2) serves as an example of a price ceiling. 3) is regarded by most economists as an efficient way of helping the poor. 4) is the most efficient way to allocate scarce housing resources.

Answers

Option (c) is the best choice. The majority of economists believe that rent control is an effective strategy for assisting the poor.

In economics, what are rent controls?

Rent control is a law that sets a maximum price, or "rent ceiling," on what landlords may charge renters, like all other government-mandated price controls. The rent level must be established at a lower rate than what would have otherwise been the case if it is to have any impact.

What aims does rent control pursue?

To protect existing affordable housing and to reduce disruptions brought on by quick rent hikes are the two basic objectives of rent-control laws. As these rules have developed, they have also added provisions to make sure landlords are paid enough to maintain their properties and make a respectable profit.

Why is rent control opposed by most economists?

Rent control, a type of price control, hinders market adjustment, including supply increases, by reducing price signals indicating rental housing is becoming more scarce. Additionally, many low-income households suffer from rent control since they are least able to escape the lines that are caused by prices below market equilibrium.

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suppose you are consuming two goods, a and b. your marginal utility from good a is 22 while your marginal utility from good b is 4. in addition, good a costs $11.00 each and good b costs $2.25 each. a. according to the utility-maximizing rule, you are not maximizing your total utility . b. you should consume:

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According to the utility-maximizing rule, one is not maximizing their total utility. They should consume more of goods A and less of goods B.

What is the explanation for the above result?

Remember that when the marginal utility gained from the final dollar spent on both commodities is equal, overall satisfaction is maximized.

Mu/good price = marginal utility per dollar

Note that MU Per dollar of good A = 22/ 2

Hence given us: 2 Utils.

Mu per dollar of goods B on the other hand is:
4/2.25

= 1.77 Utils.

Since Good A provides more utility, from a rational point of view, more of Good A should be consumed and less of good B.

In economics, utility is defined as the enjoyment or value gained from using a thing. The marginal utility of an item or service reflects how much pleasure or satisfaction customers acquire as a result of a one-unit increase or reduction in consumption.

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What is the primary way that torts are different from crimes?

A. Torts never involve illegal actions.
B. Lawyers don't like to defend torts.
C. Torts are a form of civil law.
D. Torts are a form of criminal law

Answers

All the factors/way mentioned in the question are primary way which depicts torts are different from crimes.

What is torts and how its work?

A tort is a civil wrong for which a person is legally responsible. A tort is an act or omission that causes harm to another person. In the context of torts, "injury" refers to the violation of any legal right, whereas "damage" refers to a material loss or other harm that a person really experiences.

Tort law's main objectives are to compensate harmed individuals for wrongs committed by others, hold those responsible accountable, and deter others from carrying out damaging acts. Torts allow the party at fault or more qualified to bear the loss to shift the responsibility of loss from the injured party to that party. A person seeking compensation under tort law will typically demand monetary damages as recompense. Injunction and restitution are less prevalent forms of relief.

Remedies:

Torts are recognized by the law as civil wrongs that give victims the right to compensation for their damages. Injured parties may file a lawsuit to get damages in the form of cash settlements or an injunction, which compel a party to stop engaging in a certain conduct. To discourage further wrongdoing, courts have been known to award punitive damages in addition to compensatory damages.

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a company with a large product assortment might a. have many product lines with little selection in each. b. have a single product line. c. have many individual products. d. all of these choices are correct.

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A company with a large product assortment might - All the given option is correct.

What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of the its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both also have different ownership arrangements, laws, and rules regarding financial reporting. A company, also referred to as corporate personhood, is essentially an artificial person in that it exists independently of the people who own, direct, and support its business.

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credit terms of 2/10, n/30 imply that the seller offers the purchaser a 2% cash discount if the amount is paid within 10 days of the invoice date. otherwise, the full amount is due in 30 days. group startstrue or false

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This assertion is accurate. Credit conditions of 2/10, n/30 signify that the seller will give the buyer a 2% cash discount if they pay the full amount within 10 days of the invoice date. If not, the entire sum is due in 30 days.

What does 2/10 N 30 signify in terms of sales discounts?

Trade credit is given by the seller to the buyer in the amount of 2/10 net 30. Invoices must be paid in full within the first ten days after the invoice date to qualify for a reduction of 2% on the net amount. Otherwise, a reduction is not offered, and the entire invoice amount is due in 30 days.

What exactly do the credit terms 2/15 N 30 mean?

The words "2/15, n/30" (2% discount for payment within 15 days and full payment due within 30 days) and "n/10 EOM" are a couple of versions of the cash discount terms (the invoice is due and payable 10 days after the end of the month in which the sale occurred).

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if the equal employment opportunity commission decides not to sue for an alleged employer violation of title vii of the civil rights act, it notifies the plaintiff of his or her right to file an action and issues the plaintiff a .

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Employers are forbidden by Title VII of the Civil Rights Act of 1964 from discriminating against current or prospective employees on the basis of their race, colour, religion, sex, or national origin.

Civil rights are protections against discrimination based on race, religion, or other personal traits and promise equal access to social opportunities and legal protection.

Civil rights include things like the right to vote, the right to a fair trial, the right to government assistance, the right to a free public education, and the freedom to utilise public spaces. Democracies cannot function without civil rights, hence it is a violation of those rights when people are denied the chance to participate in political society. Civil rights, in contrast to civil liberties, are freedoms that are protected by putting restrictions on the government, whereas civil liberties are protected by government action that is constructive, frequently in the form of legislation.

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You invested $1,200 three years ago. During the three years, you earned annual rates of return of 4. 8%, 9. 2%, and 11. 6%. What is the value of this investment today?.

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$1,532.60  is the value of this investment today.

FV = PV(1 + r)t

FV = PV(1 + r)t (1 + r)t (1 + r)t

FV = $1,200(1.048)1 (1.092)1 (1.116)1

FV = $1,532.60

In a monetary outlook, an investment is the purchase of goods that aren't fed these days but are used in the future to generate wealth. In finance, funding is a monetary asset offered with the concept that the asset will provide income in addition or will later be provided at a higher fee for a profit.

Investment definition is an asset acquired or invested in to construct wealth and keep cash from the tough earned profits or appreciation. funding that means in most cases to acquire a further deliver of income or advantage to enjoy the funding over a selected period of time.

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which one is a significant advantage of custom development over commercial software? you get a system that is tailored to the current business and meets specific needs the rapid development of custom systems the low cost (as compared to buying a package) the low risk factor

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An advantage of custom development might be: you get a system that is tailored to the current business and meets specific needs.

Custom software development is the system of conceptualizing, designing, building and deploying software for a specific person or a group of people inside an organization or as a 3rd-party association.

Custom software program development is the procedure of designing software program packages that meet the unique desires of an man or woman or a business enterprise. not like industrial off-the-shelf (COTS) software program, custom alternatives are commonly concentrated on precise problems. they are also supposed for in-house use, no longer resale.

Custom software program improvement creates programs specially designed to fulfill the unique requirements of those businesses and users. for example, the banking enterprise makes use of rather specialized custom software to offer clean access for customers, at the same time as defensive touchy records with high-give up safety capabilities.

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as of june 30, 2022, pharoah company has assets of $114000 and stockholders' equity of $47000. what are the liabilities for pharoah company as of june 30, 2022? $47000 $67000 $161000 $114000

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Pharoah has assets of $114,000 and equity of $47,000. Pharoah's liabilities are $67,000.

The financial position of any company, large or small, is determined by two key elements of the balance sheet: assets and liabilities. The third part of the balance sheet is equity, also known as equity.

The accounting equation illustrates how these three critical components relate to each other. Total assets will equal total liabilities plus total equity.

total assets = total liabilities + total equity

total liabilities = total assets - total equity

total liabilities = $114,000 - $47,000

total liabilities = $67,000

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The principle of ________ states that organisms succeed one another in a definite, determinable order that can be used to recognize a specific time period.

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Fossil Succession. Depending on if it has to be a certain term, this is also known as faunal succession

select all that apply sales activities include: (check all that apply.) multiple select question. selling finished products. using materials. storing finished products. production workers assembling products.

Answers

All that apply sales activities include : production workers assembling products., using materials., incurring overhead costs.

What is sales activities?
To increase the number of customers who purchase your product, you might be required to carry out some tasks if you work in sales. Sales professionals frequently engage in sales activities to aid in the planning, tracking, and development of new customer purchases. Knowing what a sales activity is and seeing a few examples might make it easier for you to spot them at work, which might help you meet your sales targets. In this article, we go over a variety of sales activity examples and how either you or your team might use them at work. Any actions you as well as your team take to advance clients through the sales process are referred to as sales activities. A task at work is considered a sales activity if it will eventually result in a sale. Any kind of planning, sales tactics, solution implementation, or sales tracking procedures fall under this category.

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Uncollectible accounts expense would be recognized earlier under the direct write-off method than the percent of receivables method. This statement is.

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Uncollectible accounts expense would be recognized earlier under the direct write-off method than the percentage of receivables method. This statement is false.

Monetary statements (or monetary reports) are formal information on the financial activities and role of an enterprise, person, or other entity. Applicable financial records are provided in a structured way and in a form that is straightforward to apprehend. They commonly include 4 fundamental monetary statements observed by a control discussion and evaluation. For massive businesses, those statements may be complicated and can include an extensive set of footnotes to the monetary statements and management dialogue and evaluation. The notes normally describe every item on the stability sheet, income declaration, and cash glide assertion in further detail. Notes to monetary statements are taken into consideration as an essential part of the economic statements.

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pie in the sky bakery and hunt enter into a contract in which pie in the sky was obligated to deliver 100 pies by september 10. on september 3, pie in the sky told hunt that they forgot to order enough cooking supplies and that they would be unable to deliver any of the pies. prior to september 10, hunt may successfully sue pie in the sky under the doctrine of:

Answers

Under the law of anticipatory breach, Hunt may be successful in suing Pie in the Sky.

What does anticipatory breach theory entail?

A breach of contract occurs when one party publicly declares its intention to break the agreement before performance is required. Because of this, the other party has the option to accept the repudiation and decide not to be further bound by the contract.

Which scenario qualifies as an anticipatory breach?

An anticipatory breach would occur if the architects did something that prevented them from meeting the deadline. As an illustration, the architects may stop all work on the initial project and devote all of their resources to a new project with a different developer.

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What type of decision-support system analysis attempts to predict the impact of changes in the assumptions, that is, the input data, on the proposed solution?.

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Sensitivity analysis support system analysis attempts to predict the impact of changes in the assumptions, that is, the input data, on the proposed solution.

Sensitivity analysis establishes the impact of various independent variable values on a certain dependent variable under a specific set of assumptions. Sensitivity studies, in other words, look at how different types of uncertainty in a mathematical model affect the overall level of uncertainty. This method is used within defined parameters that are dependent on one or more input variables.In the realm of business and in the study of economics, sensitivity analysis is applied. It is sometimes referred to as a "what-if analysis," and financial analysts and economists frequently employ it.Sensitivity analysis enables predictions using real, historical data.Sensitivity analysis is more helpful to predict many alternative outcomes for more general scenarios than sensitivity analysis, which examines how factors affect a particular event.

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in the united states, some women leaders feel that the cost of climbing the corporate ladder is too high and they leave before ever encountering the glass ceiling. this phenomenon has been referred to as the:

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Some female executives in the US believe it is too expensive to move up the corporate ladder and quit before they hit the glass ceiling. The opt-out trend has been used to describe this phenomenon.

What is corporate ladder?
With entry-level positions at the bottom of the ladder as well as executive level, upper management positions at the top, the term "corporate ladder" refers to a conceptualised view of the a company's employment hierarchy wherein career advancement has been considered to obey higher rungs on a ladder. A phrase used it to describe ones personal advancement inside a company through promotions is "climbing the corporate ladder." Corporate hierarchies, which are set up in accordance with roles, authority, status, and job functions, are used to structure businesses and organisations. Every employee in a company has a place in the organisational hierarchy. One level must be left behind to move up the corporate ladder. The corporate hierarchy is typically organised as a pyramid, with several low-level employees performing fundamental duties at the base.

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to estimate the company's wacc, marshall inc. recently hired you as a consultant. you have obtained the following information. (1) the firm's noncallable bonds mature in 20 years, have an 8.00% annual coupon, a par value of $1,000, and a market price of $1,050.00. (2) the company's tax rate is 25%. (3) the risk-free rate is 4.50%, the market risk premium is 5.50%, and the stock's beta is 1.20. (4) the target capital structure consists of 35% debt and the balance is common equity. the firm uses the capm to estimate the cost of common stock, and it does not expect to issue any new shares. what is its wacc? a. 8.73% b. 9.19% c. 7.48% d. 8.29% e. 7.88%

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The average interest rate a business anticipates paying to finance its assets is known as WACC. The company's Weighted average cost of capital (WACC) is 9.19%.

A company's average after-tax cost of capital from all sources, including common stock, preferred stock, bonds, and other types of debt, is represented by the term "weighted average cost of capital" (WACC). Because it reflects the return that both bondholders and shareholders require in order to supply the firm with capital in a single amount, the necessary rate of return (RRR) may be calculated using the weighted average cost of capital (WACC). A company's WACC is probably going to be higher if its stock is more volatile or if investors think its debt is riskier since they will be looking for larger returns.

Calculation of WACC of Marshall Inc.

Calculation of cost of Equity  (CAPM)

        = Risk free rate + Beta * Market risk premium

        = 4.50% +  1.20 * 5.50%

        = 4.50 + 6.60%

        = 11.10%

Calculation of cost of Debt (Bond)

        Price= Interest + PVAF (YTM,n) + Maturity value * PVF (YTM,n)

        where, YTM = Cost of debt

                          n = Pewil

Using IRR technique

At YTM = 8%

Price = Par value ( because coupon rate = YTM )

         = $1000

At YTM = 7%

Price = 8% × PVAF (75, 20) + 1000 × PVF (7%,20)

         = 80 × 10.5940 + 1000 × 0.2584

         = 847.52 + 258.40

         = $1105.92

Interpolation

YTM = down rate + [tex]\frac{Price at low rate - Current price}{Price at lower rate - Present higher rate}[/tex] × (H - L)

= 7% + [tex]\frac{1105.92-1050}{1105.92-1000 }[/tex] × ( 8 - 7 )%

= 7% + [tex]\frac{55.92}{105.92}[/tex] × 1%

= 7% + 0.53%

= 7.53%

WACC = [7.53 ( 1 - 0.20) × 35%] + [11.01% × 65%]

           = [6.04% × 0.35] + [11.01% × 0.65]

           = 2.114% + 7.156%

          = 9.19%

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companies that believe they can make decisions unilaterally, without taking into consideration their impact on others, are: multiple choice proactive. reactive. interactive. inactive.

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A company that believe they can make decisions unilaterally, without taking into consideration their impact on others is known as inactive.

Inactive company can be described as a company that can make decisions unilaterally, without taking into consideration their impact on others.

A proactive company can be described as one of places greater emphasis on forward-thinking strategic planning as opposed to reactive strategies to deal with problems or to approach opportunities as they arise.

Reactive company can be described as a company that responsible to an incident through audits and evaluations to discover the cause of the problem.

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the opening video of session 07 features a raw materials procurement manager at beiersdorf (a personal-care products manufacturer, including the ercerin, nivea, and coppertone brands). she mentioned that, one thing she likes about her procurement role in this global company is the opportunity to:

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One thing she likes about her procurement role in this global company is the opportunity to Travel the globe to visit suppliers and distribution centers, interacting with diverse people from a variety of cultures.

Diversity across all levels of an organization can have a range of positive effects, from fostering creativity to enhancing hiring practices to assisting brands in upholding their principles of inclusivity and social responsibility. However, while it may seem fairly obvious how having more different viewpoints in boardrooms and across the staff base may lead to fresh ideas and eventually growth, the link between diversity and procurement may be less obvious at first look. In fact, the Hackett Group discovered in 2006 that businesses seen as leaders in supplier diversity add an additional $3.6 million to their bottom line for every $1 million in procurement operations expenditures.

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an investor has an annual income of $100,000 and a net worth of $1 million. what is the annual limit that this investor can invest in all crowdfunding offerings?

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If an investor has an annual income of $100,000 and a net worth of $1 million. The annual limit that this investor can invest in all crowdfunding offerings is $5000.

Crowdfunding is a kind of finance where funds are raised by asking a large number of individuals to make relatively small individual investments or contributions.

The federal securities regulations must be followed if a corporation wants to issue and sell securities through crowdsourcing. Any offer or sale of a security must, by law, either be registered with the SEC or qualify for an exemption.

Regulation The sale of up to $1.07 million worth of securities can be made by businesses without registering the offering with the SEC thanks to a crowdfunding exemption from the registration requirements for securities-based crowdfunding.

The general public now has the chance to take part in the early capital raising operations of start-up and early-stage enterprises thanks to regulation crowdfunding. In a Regulation Crowdfunding offering, anybody can invest. However, the amount you can invest in these transactions over any 12-month period is capped due to the dangers associated with this sort of investment. Your net worth and yearly income determine the maximum amount you are permitted to invest.

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A football player on a 2 million dollar contract who refuses to show up to training camp because another similar football player has a contract for more money is an example of​ ________.

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Answer:

Equity Theory.

Explanation:

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Would you support a tax on beverages with added sugar- why or why not? how about a "junk food" tax- what criteria or certain foods would you include? does the public have the right to legislate actions that could reduce the financial burden of the obesity epidemic? we have laws restricting and taxing sales of alcohol and tobacco. some people argue this takes away our personal choice freedom, but others argue that they help people make choices that improve the health of our children and future generations. do you think that these taxes would help with the obesity problem or not? do you have any other ideas to help fight the obesity epidemic in the united states?

Answers

Given the global epidemic related to sugar consumption, I would support a tax on beverages with added sugar if it would help the situation.

It goes without saying that drinking sugary drinks on a regular basis is linked to weight gain, obesity, type 2 diabetes, heart disease, renal disease, non-alcoholic liver disease, tooth decay and cavities, and gout, a kind of arthritis.

How about a "junk food" tax what criteria or certain foods would you include?

The foods that would fall under this category would be mostly fried and over-processed foods. And yes, I would support placing a tax on these foods.

Unfortunately, these kinds of measures are only possible with minimal change - repercussions in a communist or command economy. Personal choice must be respected. In the US for instance, the Bill of Rights is very clear with regard to individual rights and freedom.

Hence, what the government can do is to place invest heavily in changing the culture from the consumption of processed foods to whole foods.

It can do this by placing a lot of very attractive incentives for those in such an industry.

Given the litigal structure of the American System, it's psychography, as well as human nature, the best strategy would be to fight the obesity epidemic using incentives rather than laws that are designed to place restrictions.

When the incentives outweigh the need to service the habit, there are changes that there will be a shift in the culture.

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plainco corporation sells widgets for $3.00 each in market that is perfectly competitive. increasing the number of plainco workers from 1,000 to 1,001 would cause output to rise from 615 to 625 widgets per day. the marginal revenue product for the 1,001st worker is:

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The marginal revenue product for the 1,001st worker is 30.

Marginal revenue product= MR*MPL

=3*10

=30

WHERE MR is MARGINAL REVENUE AND MPL is MARGINAL PRODUCT OF LABOUR.

Marginal sales product (MRP), additionally referred to as the marginal price product, is the marginal sales created because of an addition of 1 unit of useful resource. The marginal sales product is calculated with the aid of using multiplying the marginal bodily product (MPP) of the useful resource with the aid of using the marginal sales (MR) generated.

The marginal sales manufactured from hard work represents the more sales earned with the aid of using hiring a further employee. It shows the real salary that the organization is inclined and may come up with the money for to pay for every new employee they hire, and the salary that the organization will pay is the marketplace salary fee decided with the aid of using the forces of deliver.

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when undertaking social initiatives, a company: multiple choice may sacrifice short-term profits. risks going bankrupt in nearly all cases. will always receive long-term profits. must take out social responsibility insurance.

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The correct answer is (a), a company while undertaking social initiatives must sacrifice short-term profits, so that it can achieve its social initiatives.

Social initiatives are activities or pursuits aimed at assisting, retaining, increasing, and publicizing society in general. Different social initiatives include initiatives that aim to promote social and cultural equity, continuing to improve the availability of opportunities for all, encourage environmental behaviors, and conserving the environment.

Suppose an NGO is doing some charitable work, and organization is carrying out awareness program, a hospital is treating for free, or a manufacturer is distributing goods for free all are examples of social initiatives. While carrying out social initiative organization may occur short-term loss or may incur huge losses which can affect their short-term profit, but hey should ignore it as it will happen while taking up social initiative.

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toyoda company buys gas pedals and other parts from suppliers and puts them in its vehicles without changing their composition. if the pedals or other parts are determined to be defective, strict product liable for any damage caused by the defects can be asserted against

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As per business law Toyoda and the subcontractors(A) have the Product liability for any if the pedals or other parts are determined to be defective and any damage caused by it.

Product liability is the branch of law that deals with who is accountable for damage brought on by defective products and who is in charge of putting products on the market.

Product liability is the term used to describe the responsibility of one party or more along the chain of commerce for any harm brought on by a product. Product liability laws may hold the producer of the product, the distributor, the wholesaler, and the retailer who sold the product responsible when a defective product causes damage.

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The question was incomplete. Check below the full question.

Toyoda company buys gas pedals and other parts from subcontractors and puts them in its vehicles without changing their composition. if the pedals or other parts are defective, strictly liable for any damage caused by the defects are

a. Toyoda and the subcontractors

b. Toyoda and the subordinates

c. Toyoda and the Followers

d. Toyoda and the scrutinizers

which of the following is not a requirement for a payment between former spouses to be considered alimony? a.the payer and payee must not live in the same household at the time of the payments. b.the payments must cease upon the death of the payee. c.the payments must extend over at least three years. d.the payments must be in cash.

Answers

The statement that not requirement for payment is option D. The payments must be in cash. It is because the payment may be alimony or separate maintenance payments.

Money generally can be defined as an object that is accepted by the general public as a medium of exchange in economic activities. Money generally can be defined as a medium of exchange in traditional economics. Money also can be defined as an accepted as a means of payment for selling and buying  transactions for services and  goods, as well as wealth or other valuable assets, and also as a means of paying debts through in modern economics.

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jose owns a dog whose barking annoys jose's neighbor amy. suppose that the net benefit of owning the dog is worth $400 to jose and that amy bears a cost of $200 from the barking. assume amy has the legal right to keep jose from having a dog. a possible private solution to this problem is that: jose pays amy $150 to allow him to keep the dog. there is no private transaction that would improve this situation. amy asks jose to spend $500 in training classes to stop his dog from barking. jose pays amy $350 for her inconvenience and keeps the dog.

Answers

Jose pays Amy $350 for her inconvenience, and keeps the dog ($350 is less than the total benefits of the dog to Jose, but more than the costs to Amy).

The Coase Theorem states that in the case of two contending parties, one must "purchase the right" from the other.

Jane has the legal authority to forbid Jose from getting a dog in this situation.As a result, Jane must receive compensation from Jose for her difficulty while Jose must pay Jane so that he may keep his dog.

According to the Coase Theorem, in situations where there is a dispute between property rights, the relevant parties can bargain or negotiate terms that fully represent the actual costs and underlying values of the property rights in question, leading to the most efficient solution.

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The question was incomplete. Check below the full question.

Jose owns a dog whose barking annoys Jose's neighbor Jane. Suppose that the benefit of owning the dog is worth $100 to Jose and that Jane bears a cost of $200 from the barking. Assuming Jose has the legal right to have a dog, a possible private solution to this problem is: Select one:

a. Jane pays Jose $300 to give the dog to his parents who live on an isolated farm.

b. Jose pays Jane $350 for her inconvenience and keeps the dog.

c. There is no private transaction that would improve this situation.

d. Jane pays Jose $150 to give the dog to his parents who live on an isolated farm

what additional organizational structure and/or process adjustments will sony need to make to realize its revised strategic objectives?

Answers

Sony shall incorporate more flexibility in its geographic units by giving more autonomy to its business subsidiaries. Sony needs changes like flater hierarchy, open door culture, easier feedback mechanism, and higher compensation based to revamp entire the process.

Sony organization, normally stylized as SONY, is an eastern multinational conglomerate employer based in Minato, Tokyo, Japan. As a first-rate generation employer, it operates as one of the international's biggest manufacturers of patron and professional digital merchandise, the biggest online game console agency, and the largest online game publisher. Sony amusement Inc, it's far one of the most important music businesses (biggest track publisher and second largest report label) and the third biggest movie studio, making it one of the maximum comprehensive media companies. It's by far the largest technology and media conglomerate in Japan. It is also recognized as the maximum coins-wealthy jap company, with net cash reserves of ¥2 trillion.

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