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IRINA_888 [86]
2 years ago
6

Which type of market is the one in which a person buys their favorite breakfast sandwich at a fast-food drive thru? product mark

et factor market financial market closed market
Business
1 answer:
pogonyaev2 years ago
4 0

The type of market is the one in which a person buys stock in type fast food company is Financial market.

What is Financial market?

Any location or system that gives buyers and sellers thew ability to trade financial assets such as bonds, shares, the various international currencies, and derivatives , is referred to as a financial market.

Why is financial market important?

  • Markets provide finance for companies so they can hire, invest and grow.
  • They provide money for the government to help it pay for new roads, schools and hospitals.
  • They can help lower the costs you face buying food at the super market, taking out a mortgage or saving for your retirement.

Learn more about financial market here:

brainly.com/question/19733618

#SPJ4

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A flower shop makes a large sale for $1,500 on June 30. The customer is sent a statement on July 5 and a check is received on Ju
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Answer:

June 30

Explanation:

As per the revenue recognition principle, the revenue is recognized when it is earned or realized that means service is performed but the payment is not made at the time of providing the service.

It is not get impacted when will be the cash received.

So, in the given case, the large sale is made on June 30 and on June 30 the revenue would be recognized.

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Which of the following products is likely to have an inelastic supply reaction to a change in price?
anastassius [24]
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It is implied that a good has an inelastic supply if the supplier does not have a choice other than producing it despite the change in production cost. This would as well apply to the buyer, who needs the product no matter the pricing.No one can live without shoes, despite a spike in prices, we still need to buy them.
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The Water Sports Company soon will be producing and marketing a new model line of motor boats. The production manager, Michael J
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Answer:

Explanation:

X - number of units sold

Total cost for production = 1,500,000 + 1600X

Total cost for purchasing = 2000X

a.  For 4000 units sold

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Total cost for purchasing = 2000* 4000 =  $8,000,000

In this case producing is cheaper. Therefore, it is better to produce

b. Y - break-even point

Then :  1,500,000 + 1600 * Y = 2000* Y

So 1,500,000 = 400 Y

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At №of units less than 3750 purchasing will be the better option

And above 3750 producing will be the better option

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