Answer:
$10
Explanation:
Steve achieved a producer surplus of $10, which is commensurate with the value of the 6-pack of beer he received from his neighbor. This means he practically sold the old surfboard for $10.
Since the tennis rackets and tennis balls are complements,then equilibrium price of tennis balls would decrease and the equilibrium quantity of tennis balls decrease if there is increase in the price of tennis rackets.
<h3>What is Equilibrium price?</h3>
Equilibrium price can be regarded as the point where there is intersection of cost of a product as well as the demand for that product.
learn more about Equilibrium price at;
brainly.com/question/14297698
Answer: the reasonable value of the goods
Explanation: Although Serenity didn't pen down a contract with Virgil at the Growers market, she still has to pay up the value of vegetables she got from the store. The value to be paid would be the amount serenity and Virgil agreed upon to be repaid as at the time the credit was given.
Answer:
Looks, actors, what the product is
Explanation:
If it looks perfect, you know it is fake or polished in some way. If the actors talk really fast or act serious, it shows a bad sign in the product. Finally, it needs to have facts not opinions
Answer:
a. by finding the percentage increase in net profits over time
Explanation:
The primary reason why companies engage in business is to make profit. When profits are made, that means there will be opportunity for expansion. A company that does not make profit will not expand hence the possibility of its survival will not exist.
Companies make profit to finance business operation, purchase critical assets etc. Companies measure their profit growth to know how well their profit increase overtime and it is measured by finding the percentage increase in net profits overtime.