Answer:
Remove all impediments to the formation of a single market.
Explanation:
The Single European Act was signed in Luxembourg and the Hague in 1986.
The goal fo the Act was to create a single market by 1992 among the members of the European Community.
A single market is an economic bloc when barriers to the transit of goods and services, and to the transit of the factors of production (labor and capital).
Answer:
Producers and consumers :)
Explanation:
Market economies are run by buyers and sellers, there is no government involved.
Answer:
The customer should pay $48.5
Explanation:
Terms of sale 3/10, n/30 means there is a discount of 3% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.
As per given data
Sale = $100
Sales return = $50
Receivable = $100 - $50 = $50
As the payment is made within discount period, so discount will be availed on the amount due
Discount = $50 x 3% = $15
Payment by Customer = $50 - $1.5 = $48.5
Answer:
royal crown cola
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded
both companies have an elastic demand because their coefficient of elasticities is greater than 1. Coke has a higher elasticity as a result, consumers would respond sharply to changes in price. this makes them enjoy less brand loyalty when compared with royal crown cola that has a lower elasticity of demand
Answer:
business or person that carries out work for a company as part of a larger project.
Explanation:
A hun