Answer:
B. cost of a market basket of goods and services typically consumed in the current period.
Let the amount received by the first person = x
First person receives: x
Second person receives: 2x - 6
Third person receives: 2x - 6 + 7 = 2x + 1
Solve for x
x + (2x - 6) + (2x + 1) = $180
5x - 5 = $180
5x = $185
x = $37
First person receives: $37
Second person receives: 2(37) - 6 = $68
Third person receives: 2(37) + 1 = $75
Answer and Explanation:
According to the given situation, The Strategic Negotiation or Distributive Negotiation is also known as Win-lose strategy, was introduced by Rainbow Paints Inc.
They say they should be liable for the losses, and they will refund the advance payment. Therefore they support a hard-line strategy.
XingPe Chemicals embraces a resolution of the conflict on this subject. So, they are required to handle the part of loss and want to compensate for the remaining loss by a rainbow. They are justifying to wait on pandemic grounds which is a matter of force measure. They do promise to honor all future contracts.
Answer:
Explanation:Since economic resources are scarce, they must be used efficiently. We want to produce as much goods and services as we can, and in the process, produce the goods and services needed the most. There are five functions an economic system performs in producing goods and services for consumption.
Answer:
C. Marginal cost will equal average total cost when marginal cost is at its lowest point.
Explanation:
Marginal cost is the cost of each extra unit sold or produced. Average total cost is the average cost of all the units which is sold or produced during the period.
If marginal cost equal to the average cost the marginal can not be its lowest point because the lowest point cost will decrease the average cost it will not be equal to average cost, otherwise at the units has same marginal cost.
