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3 years ago

"the lucky sevenʺ rules can get you incredible deals on the stuff you buy every day, but they only work if you:

Business

2 answers:

ludmilkaskok [199]3 years ago

8 0

The ”lucky seven” rules will work if you use them. You’ll be able to get great deals on merchandise every day.

You just have to remember to use the seven key principles. It will take a lot of practice. You’ll perfect it in no time.

Anton [14]3 years ago

7 0

Answer: if you buy something

Explanation:

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Common stock provides for a fixed dividend. In most cases, preferred stockdividends are paid out after common dividends. ... Both represent ownership, thoughpreferred stock represents a higher level of ownership because in a liquidationpreferred stockholders are paid before commonstockholders.

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4. Does inflation cause a change in demand? Explain the role of inflation in determining demand.

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Answer:

Inflation is an increase in the general price level in an economy. It is probably caused by the relative increase in the amount of money in relation to the available economic production. If the social money supply increases and the country's production is not matched, the average price level will rise due to the increased demand for goods. Due to the price increases, the value of money, the purchasing power of money, decreases. You can buy less for the same amount, thus lowering demand.

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3 years ago

Because supply curves slope upward, this supports the law of supply that as prices __________, more goods will be supplied.

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Answer: increase

Explanation:

The supply curves slope upward due to the fact that there's a direct relationship between the price of the good and the quantity that's supplied.

This means that when price increase let's say the price of a good moves from $5 to $7, the suppliers will supply more due to the price increase.

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3 years ago

What is one reason that a person might want to be an entrepreneur?

kupik [55]

Answer:

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3 years ago

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Assume there are 100 suppliers of widgets in the widget market. Half of these suppliers supply 35 widgets to the market, a quart

nevsk [136]

Answer:

The market supply for widgets is 4,000 widgets

Explanation:

In this question, we are asked to calculate the market supply for widgets given the respective fraction of suppliers supplying a particular number of widgets.

In the question, we can identify the following facts;

a) The total number of suppliers we have is 100

b) Half of this number supplies 35 widgets to the market. Half of the total means total divided by 2. This means 100/2 = 50

If 50 suppliers supply 35 widgets each, the total number of widgets supplied by this section of people out of the total would be 35 * 50 = 1,750 widgets

(c) A quarter of these suppliers supply 40 widgets to the market. What this means is that 1/4 of the total number of suppliers supply 49 widgets each. 1/4 of the total 100 is 25. The total number of widgets supplied by these people is 25 * 40 = 1,000 widgets

d) Another quarter supplies 50 widgets to the market. What this means is that out of the 100, another 1/4 supplies 50 widgets each. What this means is that 1/4 of 100 supplies 50 widgets each = 25 suppliers

The total number of widgets supplying this section is 25 * 50 = 1,250 widgets

Now, we proceed to calculate the total number of widgets supplied to the market. That will be equal to; 1750 widgets + 1000 widgets + 1250 widgets = 4,000 widgets

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4 years ago

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