3 years ago

In economics what does the term market referred to

2 answers:

6 0

In economics, the term ''market'' refers to the functional association between the buyers and sellers of a good or service.

Taya2010 [7]3 years ago

4 0

I think it is the exchange of goods or services, which can be with or without money.

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Greeley [361]

Answer:

The high school student should analyze the point at which the marginal cost equals the marginal benefit.

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The student should also analyze the possible opportunity cost in the future. Attending amore renowned college can result in better job prospects than doing otherwise. Higher salaries in the future could be given up if he or she chooses the cheaper option.

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3 years ago

A profit-maximizing monopolist has the cost schedule c(y) = 20y. The demand for her product is given by y = 600/p^4, where p is

marin [14]

Answer:

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Please see attachment for working notes and explanation

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3 years ago

Jim is researching different sources to fund his college education. Jim is torn between a federal loan and a private loan. With

Colt1911 [192]

The right answer for the question that is being asked and shown above is that: "A. Jim should choose the federal loan since he will not have to pay interest if he attends a public university." the loan should Jim choose is that he<span> should choose the federal loan since he will not have to pay interest if he attends a public university.</span>

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4 years ago

Situation I On January 1, 2020, Bramble, Inc. signed a fixed-price contract to have Builder Associates construct a major plant f

Burka [1]

Answer:

$88,920

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Capitalized interest can be added to the basis of the new building that is being constructed. This way, the building's depreciable value will increase.

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3 years ago

The petty cash fund of $200 for Tomkins Company appeared as follows on December 31, 2014

Ilya [14]

Answer:

Explanation:

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3 years ago