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KonstantinChe [14]
4 years ago
9

How consumers behaviour affect market equilibrium

Business
1 answer:
lys-0071 [83]4 years ago
4 0
If consumer's don't buy goods then the seller will lower the price which will affect the equilibrium, again if consumers start to buy goods unlimited the seller will higher the price then it will also affect the equilibrium.

Hope I helped you. Best of luck.
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Foxburg Company has the following information: Work-in-Process Finished Goods Materials Beginning inventory$1,250 $1,350 $1,450
klasskru [66]

Answer:

$22,200

Explanation:

Particulars                                        Amount

Cost of Goods Sold                          $19,400

Ending inventory Finished Goods   <u>$2,800</u>

Cost of goods available for sale    <u>$22,200</u>

6 0
3 years ago
Ground-fault circuit interrupters must be used for all of the following except?
gtnhenbr [62]

Ground-fault circuit interrupters must be used for all of the following except?

A-rooftop

<u>B-any outdoor area </u>

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7 0
3 years ago
The penalty for a substantial understatement is triggered when ____
zysi [14]

Answer:

The correct answer is A

Explanation:

A substantial understatement may occur when tax return is understated by an amount greater than 10% of the tax required to be shown on the tax return.

Example: If a tax payer that is suppose to report a $6000 tax due and choose to report a $2000 instead, to know if a penalty will be charged or not it has to be greater than 10% of the amount which is suppose to be reported (i.e $6000 x 10% = 600) . therefore in the case shown above the penalty will be applied

3 0
4 years ago
Ralph pays his workers $ 100 each, and labor is the only variable cost. At a quantity of 5000 chickens, how many workers does he
Flura [38]

Answer:

He hires 8 workers

Explanation:

The total cost is $1600 for 5,000 chickens minus the fixed cost of  $800, which equals $800. The total cost is total of fixed cost and variable cost as in absence of production the total variable cost is zero so from this we can conclude that total fixed cost is zero.

Then divide the total variable cost ($800) buy what Ralph pays his workers ($100), which comes to 8.

6 0
3 years ago
a tv retailer suppose that in order to sell a number of tvs the price per unit must follow the model p=600-0.3n
Karolina [17]
Answer:
you would have to sell 2,000 tvs the price per unit each 600 to follow the model
step-by-step explanation:
p = 600 - 0.3n
600/0.3
p = 2,000n
3 0
3 years ago
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