Because the people selling it needs to make profit.
In the Philip's curve the long run usually refers to the vertical line and the rate of unemployment the short run Philips curve denotes inflation and is in L shaped and the relationships indicates the trade-off between the inflation and the unemployment
Explanation:
This curve in general shows the relationship between the rate of increase in the nominal wages and the rate of unemployment and usually lower the rate of inflation higher will be the wages allotted and it will be the vice versa
There will be a shift in the Philips curve when there is a hike in the oil prices abroad and this will cause the curve to shift leftwards so in the long run it will indicate the unemployment rate and in the short run it will indicate the inflation rate
Answer:
total cost of having the manuscript type is $680
Explanation:
given data
first time = $5 per page
revised = $3 per page
manuscript = 100 pages
revised only once = 40
revised twice = 10
to find out
total cost of having the manuscript typed
solution
we know for 1st time page cost is
page 1st time = 100 - 40 - 10 = 50 page
cost 1st time = 50 × $5 per page = $250 .................1
and
for first revision
first revision page = 40
cost of first revision = 40 × ( first time $5 + first revision $3 )
cost of first revision = 40 × 8 = $320 ......................2
and
for second revision
second revision page = 10
second revision cost = 10 × ( first time $5 + first revision $3 + second revision $3 )
second revision cost = 10 × 11 = $110 ..........................3
add all 3 equation
total = $250 + $320 + $110
so total cost of having the manuscript type is $680
Answer:
Letter a is correct. <em>Acceptable range of prices for any purchase situation.</em>
Explanation:
<u> The purchase decision</u> process is a systematic model that represents the rational or irrational steps a consumer goes through before making a purchase. These steps are related to solving needs, searching for information, evaluating similar alternatives, and post-purchase behavior.
The zone of acceptance is a step regarding the price range that the consumer is willing to pay for a particular product or service, and is influenced by each step of the consumer's buying decision.
<span>These would be work in-progress inventory. They are further along in production than the basic raw materials, but are not completed to the point where they could be put out for sale as finished goods. They are still requiring some work to get to this point.</span>
