Answer:
The correct answer is $ 265.
Explanation:
The gross price at which the product is required to be sold is the price inclusive of all taxes charge on behalf of the Government (sales tax, federal excise duty etc).
So the sale price in the case given in the question will be sum of 250 dollars and 15 dollars that is 265$.
Please note that income tax in not included in price of the product.
a movement from one point on the demand curve to a lower point on the demand curve An increase in quantity demanded brought on by a decrease in price is represented by a movement from one point on the demand curve to a lower point on the demand curve.
<h3>What is
demand curve?</h3>
A demand curve is a graph in economics that depicts the relationship between the price of a commodity and the quantity of that commodity that is demanded at that price. Demand curves can be used to model the price-quantity relationship for a single consumer or for all consumers in a given market.
The demand curve depicts the relationship between the price of a good or service and the quantity demanded over a given time period. A typical representation will show the price on the left vertical axis and the quantity demanded on the horizontal axis.
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Answer:
The greater labor's share of production costs, the <u>higher</u> elasticity of demand for labor.
When labor costs are a high share of total production costs, the elasticity of labor demand is higher. For example, customer service jobs like fast foods, or gas pumping, have high labor costs as a percentage of total production costs, and these sectors have a very elastic labor demand.
you would expect the demand for human ski instructors to be less elastic the demand for human factory workers.
In the year 2035, with robots having replaced most humans in factory jobs, occupations such as ski instructor, or dance instructor, or musician, would have a low labor demand elasticity because these skills are not easily learned, or easily replicated by a robot, meaning that the humans specialized in those jobs will be more demanded, and the demand for their labor will be more stable.
Answer:
The Tendency of Real Interest Rates to fall as Inflation increases.
Explanation:
The Fisher Effect examines the relationship between inflation, nominal and real interest rates. The real interest rate is obtained by deducting inflation rate from nominal interest rate. Except nominal interest rate increases at the same rate as inflation, real interest rate would decrease.
Requiring a signed contract prior to acquisition of assets is an example of a high-level business policy
<u>Explanation:
</u>
An asset purchase agreement (APA) is an understanding between a purchaser and a dealer that finishes terms and conditions identified with the buy and closeout of an organization's advantages.
It's essential to note in an APA exchange, it isn't fundamental for the purchaser to buy the entirety of the advantages of the organization. Truth be told, it's basic for a purchaser to bar certain benefits in an APA.
Arrangements of an APA may incorporate installment of price tag, regularly scheduled payments, liens and encumbrances on the benefits, condition point of reference for the end, and so on.
An APA contrasts from a stock buy understanding (SPA) where organization shares, title to resources, and title to liabilities are likewise sold. In an APA, the purchaser must choose explicit resources and keep away from repetitive resources.
These benefits are organized in a timetable to the APA. The purchaser in a SPA is acquiring portions of the organization. For this situation, order isn't essential because of move of organization's possession happens in its present condition. The APA is the lawful system for executing a corporate merger or obtaining.
The oil and gas industry doesn't recognize a benefit and stock buy in naming its related buy understanding. In this industry, in the case of buying resources or stock, the conclusive understanding is alluded to as the Purchase and Sale Agreement (PSA).