1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
PIT_PIT [208]
3 years ago
7

How is the value of a product determined?

Business
2 answers:
guajiro [1.7K]3 years ago
7 0

Answer:

A By the amount a consumer is willing to pay for it

Explanation:

thats what it is on Enginuity

Gelneren [198K]3 years ago
4 0

Answer:

its either a or b

Explanation:

You might be interested in
Which option identifies the concept represented in the following scenario?
MArishka [77]

Answer:

dumping

Explanation:

Dumping in international trade refers to exporting goods to another country at a lower price than in the domestic market. A company or country involved in dumping may sell goods in a foreign country below the production cost. The objective is to gain market penetration and acquire a sizable market share in the targeted country.

Dumping enables customers in the importing country to buy goods at a lower price. However, it may kill local industries leading to the closure of businesses and layoffs.

7 0
3 years ago
If bonds were issued at a premium, then the contractual interest rate was greater was than the market interest rate. True False
7nadin3 [17]

Answer:

TRUE

Explanation:

5 0
3 years ago
John occasionally borrows the car of his friend, Sophie. Sophie has a PAP with liability limits of 100/300/50. John also has a P
Tamiku [17]

Answer:

Sophie's policy will pay up to its maximum amount of $100,000 and John's policy should pay the rest ($200,000).

Explanation:

Personal Auto Policies (PAP) provide coverage in case of injury to the insured or other third parties involved in a car accident. PAP policies provide coverage even when you occasional borrow a car. If you regularly drive someone else's car you need extended non owned liability coverage endorsement.

3 0
3 years ago
Each day you have $5 for lunch. Today, you decided to save $2
prisoha [69]

Each day you have $5 for lunch. Today, you decided to save $2  and buy the chicken salad tomorrow for $6.50-<u>In this case the money is being used </u>

<u>to save and store the purchasing power</u>

Explanation:

The term money can be defined as a thing that serves as

  • A medium of exchange which is usually financial in nature.
  • It is used by the borrower to repay back to the lender-used to repay the debt.
  • It is used as an unit of accounting to measure your income and expenditure.
  • It is used to store the value of money -in other words used to save  the  purchasing power of an individual

Thus we can say that ,

Each day you have $5 for lunch. Today, you decided to save $2  and buy the chicken salad tomorrow for $6.50-<u>In this case the money is being used </u>

<u>to save and store the purchasing power</u>

8 0
3 years ago
Oil Products Company purchases an oil tanker depot on January 1, 2017, at a cost of $600,000. Oil Products expects to operate th
anzhelika [568]

Answer:

The Journal entries are as follows:

(i) On January 1, 2017

Plant Assets A/c Dr. $600,000

      To cash                                 $600,000

[To record the depot]

(ii) On January 1, 2017

Plant Assets A/c Dr. $41,879

       To To Asset retirement obligation $41,879

[To record the Asset retirement obligation]

Missing information: Based on an effective-interest rate of 6%, the present value of the asset retirement obligation on January 1, 2017, is $41,879.

4 0
3 years ago
Other questions:
  • The main function of the Federal Reserve System is to a. clear checks from member banks. b. serve as the fiscal agent for the fe
    13·1 answer
  • Assume €1 = $1.1364 and $1 = S$1.2408. A new coat costs S$213 in Singapore. How much will the identical coat cost in euros if ab
    11·1 answer
  • Below is selected financial information for Panettone, Inc. Balance Sheet ($ in Millions) Income Statement ($ in Millions) Asset
    13·1 answer
  • In the​ 1950s, the economist Bela Balassa compared 28 manufacturing industries in the United States and Britain. In every one of
    12·1 answer
  • Data for Hermann Corporation are shown below:
    9·1 answer
  • Francine must purchase $1,500 of coffee for her coffee cart business. Kevin agrees to loan Francine $1,500, accepting as collate
    5·1 answer
  • In capital budgeting analysis, the cash flows are estimated based on:a.forecasts of future cash revenues, expenses, and investme
    13·1 answer
  • Sandhill Corporation loaned $590000 to another corporation on December 1, 2020 and received a 3-month, 6% interest-bearing note
    6·1 answer
  • Only answer if you're willing to assist. I have a project for Entrepreneurship, in which I need to make a powerpoint for a new k
    12·2 answers
  • Privately owned media companies in the United States earn most of their revenue from a. subscriptions. b. charitable donations.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!