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Mice21 [21]
1 year ago
10

A characteristic of demand for a good, service, or resource other than its own market price is?

Business
1 answer:
dybincka [34]1 year ago
5 0

A characteristic of demand for a good, service, or resource other than its own market price is Nonprice Determinant of Demand

<h3>When the quantity supplied of a good service or resource equals the quantity demanded?</h3>

The price in a market at which the quantity demanded and the quantity supplied of a good are equal to one another; this is also called the “market clearing price.”

<h3>What is equilibrium price also known as?</h3>

An equilibrium price, also known as a market-clearing price, is the consumer cost assigned to some product or service such that supply and demand are equal, or close to equal.

To learn more about Nonprice Determinant, refer

brainly.com/question/26875049

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Question 2 options are;

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Answer:

1. microeconomics concentrates on the behavior of individual consumers and firms, while macroeconomics focusses on the performance of the entire economy.

2. government.

Explanation:

1. Indeed, the government in a command economy (like China) makes most economic decisions itself or at least strongly influences how the decisions are made.

2. We note that the word 'macro' indicates large scope, while 'micro' indicates a smaller scope. And so, the difference is that microeconomics concentrates on the behavior of individual consumers and firms, while macroeconomics focusses on the performance of the entire economy.

5 0
3 years ago
Under an acceptable method of costing by-products, inventory costs of the by- product are based on the portion of the joint prod
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Answer:

b. plus any subsequent processing cost.

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In the case of the acceptable costing method for by-products the inventory cost that are depend upon the joint cost should be distribution to the by-product plus if there is any processing cost

that means

Inventory cost of the bu-product = joint cost + processing cost

Therefore the same should be considered

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2 years ago
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Idek what that is XD

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Provide value to customers by delivering high-quality goods to their homes Boost Whole Foods' standing as a source of superior food Growing rivalry between groceries home delivery services further disperse the grocery market Which of the following best represents the situation Amazon and Whole Foods would be in if adoption quickens as the technology is better understood and used by the general market? Amazon will have to buy more and more rivals in order to stay competitive. Their situation won't change at all.

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