Yes. Subsidies are benefits that the government can grant to institutions, households and businesses to promote economic efficiency and reduce market failures. They may be distributed through cash or by cutting tax rates. However, there is controversy about the effectiveness of using subsidies for the economy, often related to the inefficiency of promoting a free market, allocating resources that could be used for investment in productive resources and masking the results of economic efficiency. Another major concern with the use of subsidies is the formation of political alliances of those who receive them and those who provide them, creating political interests because of their use.
If consumer's don't buy goods then the seller will lower the price which will affect the equilibrium, again if consumers start to buy goods unlimited the seller will higher the price then it will also affect the equilibrium.
Hope I helped you. Best of luck.
<span>The relation between </span>cost<span> per unit of </span>output<span> and the </span>level<span> of </span><span>output is captured in the average total cost curve. </span><span>
When a firm is at its minimum efficient scale of operation, it produces the </span>minimum rate of output at which long-run average cost is minimized. With economies of scale, costs may fall over some ranges of output and rise over other.Correct answer: B
Answer:
Net profit=$86
Explanation:
This can be expressed as;
Net profit=Earnings-Total buying price-Expenses
where;
1. Earnings=Total earnings from Soft drinks sale+Total earnings from ice cream sale
Total earnings from soft drinks sale=(100×1)=$100
Total earnings from ice cream sale=(90×1.5)=$135
Earnings=100+135=$235
2. Total buying price=Total expense from buying of Soft drinks+Total expense from buying of ice cream
Total expense from buying of Soft drinks=(0.5×100)=50
Total expense from buying of ice cream=(75/100)×90=67.50
Total buying price=(50+67.50)=$117.50
3. Expenses=$31.50
Replacing;
Net profit=235-117.50-31.50=$86
Net profit=$86
Answer:
The correct answer is c. do to satisfy customers
Explanation:
Creating a customer-centered culture is mandatory for any business. Customer care has never been more important. Today, a dissatisfied customer has the ability to share their opinions on social networks or the Internet and negatively affect our business.
Many businesses are failing to provide a correct experience. Creating a satisfactory experience in our clients, through cultivating and helping to develop a relationship with our company, is an opportunity not insignificant. Creating these types of relationships can help positive opinions have greater reach and diffusion.
