Answer and Explanation:
The explanation is as follows:
a. In the case when the unemployment reaches to the highest level and the results is in lowest so it would be due to trough
b. In the case when there is a decrease in unemployment and the production would be expand so this is due to an expansion
c. In the case when the economy is in full employment and the output would be generated in full capacity so this is due to peak
d. In the case when the real output is fallen for minimum two quarters so this is due to recession
One of the reasons marketing is essential to the free market system is that It ensures that companies make a healthy profit.
<h3>What is free market?</h3>
A free market is a market structure where there is no interference from government but forces of demand and supply controls it.
With regards to the above, marketing ensures that products gets to the target audience to attract sales, thereby increase profits.
Learn more about free market here : brainly.com/question/13519121
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Answer:
The amount of gain or loss that DUNN should report is $0.
Explanation:
Here we have to take out what would be the gain or loss for Dunn when he sells the stock given to him as a gift by his grandparents. Here we have to clear out what would be the Dunn basis for gain or loss, so that we can tell whether he earned a gain or loss.
For Dunn to take out the basis for gain would be similar to the donors ( in this case his grandparents ) basis for gain which is $32,000 AND Dunn has sold the stock for $29,000, so he definitely hasn't made the gain.
For Dunn to take out the basis for loss , he will suffer loss when if the amount at which he sells the stock is less than the amount which was at the date of transfer of stock $27,000, and as it is given he sells the stock at $29,000 , which is more than $27,000, so he definitely hasn't suffered loss also.
Thus we can say that he has neither suffered loss nor earn a gain.
Answer:
B) the firm's resource demand schedule.
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.
Marginal cost can be defined as the additional or extra cost that is being incurred by a company as a result of the production of an additional unit of a product or service.
Generally, marginal cost can be calculated by dividing the change in production costs by the change in level of output or quantity.
Marginal revenue can be defined as the additional amount of money that is gained or generated by a business firm from the sales of an additional unit of a product or service.
Hence, the marginal revenue product schedule is equal to the firm's resource demand schedule i.e the quantity of goods demanded at different price level at a specific period of time.
Answer:
The workings of the answer are below;
Explanation:
Cost of purchase A $0.12
Current Market price B $492,937.50
Total Gain on sale C=B-A $492,937.38
Average annual gain over 56 year=$492,937.38/56=$8,802.45
