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Naily [24]
3 years ago
5

A product is considered to be rivalrous if

Business
1 answer:
Luda [366]3 years ago
3 0

The correct answer is choice A.

The definition of a rivalrous product is when the consumption of a good or service prevents the simultaneous consumption by another consumer, or reduces the the quantity available for consumption by other consumers. Choice A - your consumption of the product reduces the quantity available for others to consume meets this definition.

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In a certain grocery store, strawberries cost $4.32 per pound ( 4.32 dollars/lb ). what is the cost per ounce? express your answ
Katyanochek1 [597]

Using unit conversion, the price of strawberries is $0.27 per ounce.

The conversion of measurement unit is the process of converting different units of measurement for the same quantity, using the multiplicative conversion factors that change the measured quantity value without changing its effects.

Common units for weight and their shorthand are:

- Pound (lb)

- Ounce (oz)

- Kilogram (kg)

- Gram (gm)

The conversion factors:

1 lb  =  16 oz  =  0.45 kg =  453gm

1 oz  =  0.063 lb  =  0.03 kg =  28 gm

1 kg  =  2.2 lb =  35 oz

1 gm = 0.001kg = 0.04 oz

Information from the problem:

The strawberries cost:

$4.32 per pound = $4.32 per 16 oz

                            = $4.32/16 per oz

                            = $0.27 per oz

Read more about unit conversion here:

brainly.com/question/4158962

#SPJ4

5 0
2 years ago
Cullumber Corporation has these long-term investments: common stock of Vejas Co. (10% ownership), cost $116,090, fair value $110
Dovator [93]

Answer and Explanation:

Partial Balance sheet

Investments  

Stock investments (At fair value)       $110,090

Debt investments (at fair value)       $163,100

Stock investments (At equity)       not given: $0

Total investment)                               $276190

4 0
4 years ago
Which business plan section is being described?
jarptica [38.1K]

Answer:

organization and management

8 0
3 years ago
Read 2 more answers
Samson Company reported total manufacturing costs of $320,000, manufacturing overhead totaling $52,000, and direct materials use
Artemon [7]

Answer:

$204,000

Explanation:

Given that

Total manufacturing costs = $320,000

Manufacturing overhead = $52,000

Direct materials = $64,000

The computation of direct labor cost is shown below:-

Direct labor cost = Total manufacturing costs + Manufacturing overhead + direct materials

= $320,000 - $52,000 - $64,000

= $204,000

Therefore for computing the direct labor cost we simply applied the above formula.

3 0
3 years ago
If the supply of loanable funds exceeds the demand then borrowers will bid up the interst rate.
lina2011 [118]

Answer:

False

Explanation:

When supply of loanable funds increases, the borrowers have more sources of availing loans. Such a situation leads to a competition among suppliers of loanable funds.

Thus, to attract borrowers, suppliers have to lower the rate of interest on loans.

Thus, Borrowers will not bid up the interest rate in such a scenario and would rather bid down the interest rate.

7 0
4 years ago
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