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Natalka [10]
3 years ago
15

Kelsey wants to buy some bananas. one grocery store sells them at 2 pounds for $0.89. another store sells them at 3 pounds for $

1.00. what is the lower unit price?
Business
1 answer:
MAVERICK [17]3 years ago
3 0
<span>Too find he lowest units price you divide the price per pound by the number of pounds. At the first store it is roughly 44 cents per unit. The second store is about 33 cents per unit. The lower unit price is 33 cents per pound at the second store.</span>
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Suppose there are 1000 firms in a market and all are identical. Firm A will hire 20 workers when the wage rate is $10, 25 worker
Triss [41]

Answer:

d. the quantity demanded for the market will increase to less than 30,000 workers.

Explanation:

Missing options:

  • a. the quantity demanded for the market will increase to 30,000 workers.
  • b. the quantity demanded for the market will increase to more than 30,000 workers.
  • c. the quantity demanded for the market will increase, but we can't tell which of the above answers is correct.
  • d. the quantity demanded for the market will increase to less than 30,000 workers.

maximum total demand for labor = 30 (at $8) x 1,000 firms = 30,000 workers, but since the equilibrium rate had been $9 for many years, some workers have already been hired at $9, and it is usually very difficult to lower someone's wage once they have been working. Even thought the quantity demanded will increase, it will probably not be able to reach 30,000 workers.

6 0
3 years ago
Suppose there are only two firms that sell smartphones: Flashfone and Pictech. The payoff matrix that follows shows the profit (
Vladimir [108]

Answer:

Flashfone and Pictech

The Nash equilibrium is achieved when Pictech and Flashfone price their smartphones high without the other party changing their strategy.  

Explanation:

a) Data and Calculations:

                                Pictech  

                          High         Low

             High     8   8        3  10

Flashfone

             Low    10   3        5   5

b) By acting at the Nash equilibrium and pricing their smartphones high, Pictech and Flashfone achieve a payoff of $8 million respectively.  This payoff level does not put any of the two firms at a disadvantage.

7 0
3 years ago
What is the first step to build a house of​ quality? A. Relate customer wants to product hows. B. Determine the desirable techni
prohojiy [21]

Answer:

The correct answer is C. Identify customer wants.

Explanation:

Despite the fact that the architects, due to their experience, can provide alternatives based on factors such as location, size, type of house, etc., the client's requirements play a very important role since, prior to this, they have designed in their minds what they would like to have. in your new house. The architects serve as support to give a professional touch to the property, but taking into account the requirements of the person it is possible to adjust certain aspects to offer the best possible experience when the construction is finished.

3 0
3 years ago
Read 2 more answers
WHAT STEP IN THE OPSEC PROCESS IS ANALYZING THREATS?
sukhopar [10]
Its the the second step, 

1. Identify critical information
2. Analyze threats
3. Analyze vulnerabilities
4. Assess risk
5. Apply OPSEC measures

7 0
3 years ago
During team meetings Amber Downing always notices that Rhoma Law tends to ask innumerable questions and suggest ideas at each di
ahrayia [7]

Answer: context

Explanation:

The factor that has most likely influenced Downing's perception of Law is context.

Context refers to the situation for the occurence of a event. It's vital to look at the circumstances that were present at the time of the behavior of a person when attempting to understand the person's behavior.

Assuming both of them were part of team meetings where almost all member gave their own suggestions, then Law would not have drawn as much attention from Downing.

6 0
3 years ago
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