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
Arisa [49]
3 years ago
15

He idea of supply and demand is based on the development of

Business
1 answer:
shepuryov [24]3 years ago
7 0

Answer:

In 1890, Alfred Marshall's Principles of Economics developed a supply-and-demand curve that is still used to demonstrate the point at which the market is in equilibrium. ... The prices of some goods can increase without reducing demand, which means their prices are inelastic.

You might be interested in
One of the criticisms of average cost regulated pricing of a natural monopoly is that the firm Group of answer choices has no in
Harman [31]

Answer:

The correct answer is a. has no incentive to hold costs down.

Explanation:

Given that in the natural monopoly there is no competition for the characteristic that we have as a company to offer our products at a lower price and with highly competitive quality, then the direct question of pricing will not have really in-depth studies that take into account the competitors' behavior in order to establish direct incentives. Its fixing method is basic and strictly depends on internal issues such as the expected profitability margin, supply, demand and production process.

7 0
3 years ago
Patrick Enterprises recently installed a parking lot. The paving costs were $38,750, and the lighting costs were $20,000. In add
weeeeeb [17]

Answer:

$58,750

Explanation:

Paving Costs             $38,750

Lighting Costs           $20,000

Total cost to be included in land improvement account $58,750

Please note that cleaning agreement cost is revenue expenditure,therefore should be charged to profit and loss account not in land improvement account.

5 0
3 years ago
Sherman Peabody earns a monthly salary of ​$1,500​, which he receives at the beginning of each month. He spends the entire a
ale4655 [162]

Answer: A. maximizes the profits from money management.

Explanation:

The optimal average level of money is indeed the amount that maximises profit from money management.

Money management is essentially taking charge of your money and ensuring that you manage it in such a way as to limit unnecessary expenses whilst growing money through measures such as budgeting, investing and expenses tracking.

With Mr Peabody's income and other financial constraints, the optimal average level of money will be the most he can maximise from managing his money.

6 0
3 years ago
How can you differentiate between various economic systems that exist
liubo4ka [24]

Answer:

An economic system is defined by the way scarce resources are distributed in an economy.

There are 4 types of major economic systems which are following;

  1. A mixed economy is an economic system, like its name is a mix of elements of planned economies, free markets with intervention of the state and public enterprises.
  2. A command economy is a system where the government is key decision maker of what goods and services will be produced and introduced by the economy.
  3. A market economy is the one in which the investment, production and distribution are dictated by the forces of demand and supply.
  4. A traditional economic system is a result of customs, history and cultural norms which include the rules and manner of their distribution as well.
3 0
3 years ago
At the annual holiday party, ABC Airlines gives awards to employees to recognize examples of "going above and beyond" to serve c
IgorLugansk [536]

Answer: rip kobe

Explanrioation:

6 0
3 years ago
Other questions:
  • In many developing countries, poor farmers plow up marginal land in order to survive. The resulting soil erosion and land degrad
    7·1 answer
  • you are the manager of a hamburger joint with a marginal cost of $6.00 per hamburger. The hamburger joint is a local monopoly ne
    14·1 answer
  • Internet advertising has emerged as a media option of great opportunity for advertisers because of its superior target market se
    11·1 answer
  • Nan and Neal are twins. Nan invests $5,000 at 7 percent at age 25. Neal Invests $5,000 at 7 percent at age 30. Both investments
    10·1 answer
  • If there was no beginning retained earnings, net income of $30,300, and ending retained earnings of $8,000, how much were divide
    15·1 answer
  • Making tax-deferred deposits into a retirement account means that the funds are
    13·1 answer
  • In a large metropolitan market, it is relatively easy to set up a law office. The ease of entry explains why you will find hundr
    10·1 answer
  • ECONOMICS!! PLEASE HELP ME!!
    7·1 answer
  • On January 1, Sharp Company purchased $50,000 of Sox Company 6% bonds, at a time when the market rate was 5%. The bonds mature o
    7·1 answer
  • An example of an increase in human capital is _______.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!