subject
Business, 18.02.2020 05:12 oofoofoof1

Candace buys a car called a Yugonero (a knock-off of the Canyonero). Despite well-documented problems in the press, Candace is willing to take the gamble that the Yugonero will perform as well as the Canyonero. Instead, Candace ends up spending an extra $40,000 (in time, money, and aggravation) over the next 5 years on repairs (there was no warranty). While she had read that this type of maintenance cost was typical, she hoped she would be one of the lucky ones. What is the market failure in this scenario?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
What is the difference between a public and a private corporation?
Answers: 1
question
Business, 22.06.2019 05:30
Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.
Answers: 1
question
Business, 22.06.2019 07:30
Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $
Answers: 3
question
Business, 22.06.2019 09:30
Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.
Answers: 1
You know the right answer?
Candace buys a car called a Yugonero (a knock-off of the Canyonero). Despite well-documented problem...
Questions
question
History, 27.12.2019 23:31
question
Mathematics, 27.12.2019 23:31
question
Mathematics, 27.12.2019 23:31
Questions on the website: 13722363