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Tanzania [10]
1 year ago
14

an individual demand curve is a graph: that plots the quantity of an item that someone plans to buy, at one single price point.

that plots the market price of a product at different points in time. that plots the quantity of an item that a seller plans to sell, at each price. that plots the quantity of an item that someone plans to buy, at each price.
Business
1 answer:
3241004551 [841]1 year ago
8 0

An individual demand curve is a graph: That plots the quantity of an item that someone is planning to buy, at each price.

Individual call for Curve: the relationship between the quantity of a product a single consumer is inclined to shop for and its price. Marketplace demand Curve: the connection among the amount of a product that every  consumers within the market are willing to shop for and its price.

The demand curve is a graphical representation of the relationship among the rate of a terrific or provider and the quantity demanded for a given time frame. In a regular representation, the price will appear on the left vertical axis, the quantity demanded at the horizontal axis.

Learn more about demand curve here:- brainly.com/question/1139186

#SPJ4

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Brad has a comparative advantage in the production of a. wheat and Theresa has a comparative advantage in the production of beef
Flura [38]

Complete/Correct Question:

Assume that Brad and Theresa can switch between producing wheat and producing beef at a constant rate.

Minutes Needed to Make

1 Bushel of Wheat

Brad: 10

Theresa: 6

1 Pound of Beef

Brad: 12

Theresa: 10

Brad has a comparative advantage in the production of

a. wheat and Theresa has a comparative advantage in the production of beef.

b. beef and Theresa has a comparative advantage in the production of wheat.

c. both goods and Theresa has a comparative advantage in the production of neither good.

d. neither good and Theresa has a comparative advantage in the production of both goods.

Answer:

B, beef and Theresa has a comparative advantage in the production of wheat.

Explanation:

Firstly, let's define comparative advantage.

Comparative advantage can be said to be the ability to produce a product at a far lesser rate than is obtainable.

From the above question, it can be deduced that Theresa has a comparative advantage in the production of wheat going by the huge difference in the time needed to produce wheat.

On the other hand, Brad has a comparative advantage in the production of beef. This is because the time difference in the production time of wheat isn't the same with beef and as such Brad has some advantage in this regard.

Cheers.

3 0
3 years ago
Assume PRC Corp., an equipment distributor, sells a piece of machinery with a list price of $600,000 to ACH Inc. ACH will pay $6
katen-ka-za [31]

Answer:

b. $600,000

Explanation:

The company has to record as revenue the product at the list price, then if exist a special discount on the price list, it must be record as discount applied to products in the Income Statement, separate of Revenue or Gross Sales.

The price that the company ACH pay by the product ($650,000) it's not at change on the price if not due to the payments term which is one year later, so the company ACH has to pay a financial cost because the payment will be made one year later.

6 0
3 years ago
Which body has the primary responsibility for the establishment of generally accepted accounting principles?.
erica [24]

Answer: The Financial Accounting Standards Board (FASB)

Explanation: The Financial Accounting Standards Board (FASB) is a private, not-for-profit organization whose primary purpose is to develop generally accepted accounting principles.

7 0
2 years ago
Refer to exhibit 4-5. if a free market were allowed in the transplanted kidney market, then the equilibrium price would be p2. t
Aneli [31]

Answer:

(q2 - q1)

Explanation:

I have uploaded the picture the question refers to below.

We can see that under a price ceiling of $0, the quantity of kidneys supplied is Q1, and if the price ceiling is removed, and the market is allowed to reach equilibrium, the new quantity of kidneys supplied is Q2, so the increase in the supply of transplanted kidneys can be found by the formula (q2 - q1)

6 0
3 years ago
When cleaning a minor wound with gauze, which method should be used?
iragen [17]
The answer is "<span>A circular motion from the center of the wound out to the outer edge".
</span>
Any wound or injury is a break in the surface of the skin, bringing about a potential for bacterial tainting. Legitimate injury purging can enhance wound healing while at the same time evacuating debris and dry release, keeping dressing buildups from backing off the recuperating of the wound.Gauze swabs and cotton fleece can be utilized for cleaning, however ought not be left in delayed contact with a healing wound. This is on account of they can shed filaments and cling to the recuperating wound surface, making further harm the injury upon evacuation.
8 0
3 years ago
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