Answer: The Customer Still owes 0.05
Explanation:
Answer:
Her total income is 114 pesos.
Explanation:
As the price of uglifruit is 6 Pesos. So we need to find the price breadfruits in order to find Maria's daily income. So the equation would be :
11 ( 6) + 4 Breadfruit = 3(6) +8 Breadfruit, as the price of uglifruit is 6 pesos.
66+4 Breadfruit= 18+8 Breadfruit
66-18= 8 Breadfruit- 4 Breadfruit
48 = 4 Breadfruit
12= 1 Breadfruit
Now we can insert the price of Breadfruit in the equation to drive Maria's income which 114 .
Answer:
The barrier to entry, is the right answer.
Explanation:
The barrier to entry is the correct answer because the mentioned points like economies of scale, government rules, and brand loyalties are the tools that restrict the entry of new firms. For example, if the incumbent firm has already brand value then the new firm will not attract the consumer because consumers will prefer to buy goods from that company. Thus, if consumers will not buy the commodity then it will fail to do the business. Moreover, government regulations like licensing also restrict new firms. A firm can not enter the market without taking a license from the government.
in this example, consumers are willing to buy more than producers are willing to make, this means there is a deficit/shortage.