Answer:
a person who works at a full-service grocery store
Answer:
Courts Distributors and Eastinghouse Corporation
Dispute over Contract Price
The two parties have a legal contract. The contract was established when Courts requested Eastinghouse to send the refrigerators and bill later.
The exact price for the contract is in dispute. This dispute can be resolved between the parties. Reference to the market price will help resolve the dispute, otherwise, the parties may seek alternative dispute resolutions, like litigation, mediation, or arbitration.
Explanation:
a) Data and Analysis:
Eastinghouse's invoice price for the refrigerators = $140,000
Courts' adopted market price = $120,000
b) Since Courts' reference to the price is with regard to the wholesale market price, it may be that Eastinghouse quoted the retail price instead. Since Courts is a distributor, it has the right to be charged a wholesaler's price and not a retailer's. Therefore, we can conclude that after due reference to the prevailing market price of similar refrigerators, the two parties may agree to a price of $120,000 or a little higher.
Answer:
A. elastic.
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand is elastic when a change in price leads to a change in quantity demanded. The coefficient of elasticity for elastic demand is usually greater than one.
Demand is inelastic when a change in price has no effect on quantity demanded.
The absolute value of the coefficient of elasticity for inelastic demand is usually less than 1.
Demand is unitary when a change in price leads to an equal proportional change in quantity demanded.
The absolute value of the coefficient of elasticity for unitary demand is usually equal to one .
I hope my answer helps you.
Economic growth due to labor force expansion or capital investments will result in A rightward shift in long-run aggregate supply.
In general, economic processes occur as a results of increases within the production of products and services. Increased consumer spending, increased international trade, and businesses that increase their investment in capital spending can all impact the amount of production of products and services in an economy.
Because savings and investment increase the stock of capital, more investment in capital results in more economic processes. the quantity and quality of labor: As long as the capital per worker doesn't decrease, more labor results in more production.
A peak occurs when expansion reaches its climax. With an outsized sum of demand for goods, inflation occurs where costs begin to extend. Human capital affects economic processes and might help to develop an economy by expanding the knowledge and skills of its people.
Broadly speaking, there are two main sources of economic growth: growth within the size of the capital investments workforce and growth within the productivity (output per hour worked) of that workforce.
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Answer: $61,697.90
Explanation:
GIVEN the following ;
Membership bond = $20,000
Monthly membership due= $250
Annual percentage rate(APR) = 6% = 0.06
monthly rate (r) = 0.06 ÷ 12 = 0.005
Payment per period(P) = $250
Using the formula for present value of ordinary annuity:
PRESENT VALUE (PV) =
P[(1 - ((1 + r)^(-n)) ÷ r]
$250 [ 1 - ((1 + 0.005)^-360))÷0.005]
$250 [( 1 - (1.005)^-360)÷ 0.005]
$250 × [0.83395807196 ÷ 0.005]
$250 × 166.791614392335
PV = $41,697.90
Membership bond + present value
$20,000 + $41,697.90
= $61,697.90
