It is false that If prices change in a way that leaves the overall price level unchanged, then no one is made better or worse off.
<h3>What is a relative price?</h3>
A relative price can be described as the ratio of two prices or the price of a good or service in relation to another.
In general, when prices change relative to one another, some people do better and others do worse, even while the total level of prices remains the same.
Therefore, it is false that no one benefits or suffers when prices fluctuate in a way that keeps the total level of prices constant.
Learn more about the price here: brainly.com/question/15397404.
SPJ12
This would be job order production because it’s the each customized product that is manufactured separately!
Hope this helps.
The work of the futurists represents and exaggeration, an extreme in the depiction of movement. One must abandon oneself to the sensation for going the details of representation for an almost abstract rendition of speed and dynamic force. But many artists have used a variety of techniques to illustrate motion and the passage of time less radically and the introduction of mediums such as cinematography and video have made it possible to represent motion and the passage of time in real time or in slow or accelerated motion. The consideration of art and movement, both actual and implied. Movement takes place within time and thus the two are intertwined.
Answer:
rate of return on lifetime subscription purchase is 6.89 %
Explanation:
given data
lifetime subscription = $1000
magazine costs = $64.50 per year
to find out
rate of return on a life subscription purchased
solution
we know that rate of return is obtain by the equation
the present value $64.5 for infinite years to 1000
so
1000 = 64.5 + + + + ................ ∞ +
and
r =
so by using geometric series for the infinity term
1000 =
r = 0.9355
so r =
0.9355 =
i = 6.89 %
so rate of return on lifetime subscription purchase is 6.89 %