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jonny [76]
2 years ago
11

true or false: if prices change in a way that leaves the overall price level unchanged, then no one is made better or worse off.

Business
1 answer:
Westkost [7]2 years ago
5 0

It is false that If prices change in a way that leaves the overall price level unchanged, then no one is made better or worse off.

<h3>What is a relative price?</h3>

A relative price can be described as the ratio of two prices or the price of a good or service in relation to another.

In general, when prices change relative to one another, some people do better and others do worse, even while the total level of prices remains the same.

Therefore, it is false that no one benefits or suffers when prices fluctuate in a way that keeps the total level of prices constant.

Learn more about the price here: brainly.com/question/15397404.

SPJ12

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2. Mr Ralston, a retired postal worker, took his trolley to the check-out at Tip-Top Supermarket. When the cashier started to en
salantis [7]

Mr Ralston’s action didn't constitute a contract in this case,since he hasn't taken the goods away and the groceries haven't been tallied.

<h3>What is a contract?</h3>

It should be noted that a contract simply means an agreement between private parties that's enforceable by law.

In this case, Ralston’s action didn't constitute a contract in this case,since he hasn't taken the goods away and the groceries haven't been tallied.

The features of a contract that should be taken into consideration include acceptance and internation to create legal relations.

The supervisor would not likely succeed should he proceed with legal action.

Learn more about contract on:

brainly.com/question/5746834

#SPJ1

3 0
3 years ago
This table can be used to organize Gigi’s credit card balances and payments over 6 months. The annual percentage rate on the cre
Alchen [17]

Answer:

-16.34

Explanation:

  • Disclaimer: I am not sure, sorry. It might be -16.34, 16.34, or 15.75. Once again, sorry.
8 0
3 years ago
Read 2 more answers
Explain how e-business has created a new type of strategic alliance among companies.
cluponka [151]

Explanation:

E-Business is taking a big space in the market. Now we can order anything from the comfort of our home. E-businesses work on strategic alliance among companies.

For example one company will come up with an idea of selling makeup and skincare products online. The other well established makeup brands will collaborate with the online merchant and all the products will be displayed. So there are more than one company working on a same platform.

3 0
3 years ago
Brett has almond​ orchards, but he is sick of almonds and prefers to eat walnuts instead. The owner of the walnut orchard next d
Scorpion4ik [409]

Answer:

Explanation:

a. Should he make the​ exchange?

Brett Produces almonds = 1050 tons

Owner of walnut produces = 774 tons

Market Price almond = $103 per ton

Market Price of walnuts = $114 per ton

Therefore

The market value of the almond crop = (1050 tons) x ($103)

                                                               = $108,150

The market value of the walnut crop = (774 tons) x ($ 114)

                                                             = ​$88,236

​He should not make the exchange since the price of almond is high than walnuts

b. Does it matter whether he prefers almonds or​ walnuts?

Why or why​ not?

No. His preference is irrelevant to the value of the crops.

Is the above statement true or​ false? True

6 0
3 years ago
Write out 2 hundred thirty thousands dollars
guajiro [1.7K]

Answer: $230,000

Explanation:

4 0
3 years ago
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