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goldfiish [28.3K]
3 years ago
5

Suppose that Firms A and B each produce high-resolution computer monitors, but Firm A can do so at a lower cost. Cassie and Davi

d each want to purchase a high-resolution computer monitor, but David is willing to pay more than Cassie. If Firm A produces a monitor that Cassie buys but David does not, then the market outcome illustrates which of the following principles? (i) Free markets allocate the supply of goods to the buyers who value them most highly, as measured by their willingness to pay. (ii) Free markets allocate the demand for goods to the sellers who can produce them at the least cost. a. (i) only b. (ii) only c. both (i) and (ii) d. neither (i) nor (ii)
Business
1 answer:
Crank3 years ago
8 0

Answer: b. (i) only

Explanation:

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Money supply increase=500000/10%=5000000

Explanation:

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The total manufacturing cost variance consists of a.direct materials cost variance, direct labor rate variance, and factory over
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Explanation:

Some of the goals of manufacturing companies are to increase company’s revenue and profit. To achieve this, a company needs to know how to manage its costs and these may cause variances in manufacturing.

The total manufacturing cost variance is made up of direct material cost variance, direct labor cost variance and factory overhead cost variance. These costs are the differences between the actual cost incurred and the set cost. These variances help managers to know if the company is meeting up to the required standard.

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3 years ago
Q4) An investment offers a total return of 12.8 percent over the coming year. Janice thinks the total real return on this invest
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Answer:

inflation rate= 5.8%

Explanation:

Giving the following information:

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<u>The real return on investment includes the effect on inflation. </u>

Real rate of return= total return - inflation rate

0.07=0.128 -  inflation rate

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7 0
2 years ago
Please help me!!! Click here for question!
olga_2 [115]

Answer:

I think maybe B?

Explanation:

I am not sure so I think its b

5 0
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Read 2 more answers
A firm in a perfectly competitive market: a.must reduce its price if it wants to sell a larger quantity. b.must be large relativ
mr Goodwill [35]

A firm in a perfectly competitive market: d. must take the price that is determined in the market.

<h3>What is a perfectly competitive market?</h3>

A perfectly competitive market can be defined as a type of market in which there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This ultimately implies that, all business firms in a perfectly competitive market must be willing to take the price that is determined in the market.

Read more on price here: brainly.com/question/11898489

#SPJ1

4 0
2 years ago
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