All categories

3 years ago

The advent of ________ has put buyers and sellers on much more equal footing.

1 answer:

8 0

<span>Perhaps the most crucial component that has emerged in economic relations and buyer to seller transactions in recent years is that of the advent of the internet. In doing so, the internet has allowed sellers to be able to check buyers and review pricing and quality before making their purchase.</span>

You might be interested in

EBay A. is a market because buyers and sellers are brought together to buy and sell. B. cannot function as a market. C. would be

IgorLugansk [536]

Answer:

A. is a market because buyers and sellers are brought together to buy and sell.

Explanation:

The definition of market is that it is a place where sellers of products and services meet with potential buyers. Acording to this definition, Ebay can be considered a market because in this website there are sellers offering different types of products and buyers willing to pay in order to get them.

3 0

3 years ago

For the composite method, the composite...(a)rate is the total cost divided by the total annual depreciation.(b)rate is the tota

kotykmax [81]

Answer:

The correct answer is letter "C": life is the total cost divided by the total annual depreciation.

Explanation:

The composite depreciation method uses the straight-line depreciation to rate and average the loss of value in given assets. It divides the useful life figure by the total depreciable cost to arrive at the total depreciation per year. It is helpful to determine the depreciation in a complete class of assets.

3 0

2 years ago

Novak Company purchased Machine #201 on May 1, 2020. The following information relating to Machine #201 was gathered at the end

blondinia [14]

Answer:

i am stuck as well

Explanation:

5 0

3 years ago

The average ticket price for a concert at the opera house was $50. The average attendance was 2500. When the ticket price was r

Ber [7]

Answer:

The price per ticket should be $37.5

Explanation:

First we need to determine the change in demand (attendance) as a result of every $1 increase in the price of ticket.

The ticket price increased by $4 (from 50 to 54) and the demand fell by 400 (from 2500 to 2100). The change per dollar is, 400 / 4 = 100.

So, for every $1 increase in price, demand falls by 100.

The revenue is calculated by multiplying price by quantity demanded. Revenue equation will be,

Let x be the change in price from $50.

Revenue = (50 + x) * (2500 - 100x)

Revenue = 125000 - 5000x + 2500x - 100x²

Revenue = 125000 - 2500x - 100x²

To calculate the price that maximizes the revenue, we need to take the derivative of this equation.

d/dx = 0 - 1 * 2500x° - 2 * 100x

0 = -2500 - 200x

2500 = -200x

2500 / -200 = x

-12.5 = x

Price should be 50 - 12.5 = 37.5

At price $37.5 the revenue of the Opera House is maximized.

6 0

2 years ago

Which of the following best explains why the taxes on discontinued operations are reported separately from taxes on continuing o

Inessa05 [86]

Answer:

The statement that best explains why the taxes on discontinued operations are reported separately from taxes on continuing operations is:

The taxes on discontinued operations are not expected to recur in future years.

Explanation:

Discontinued operations refer to the cessation of some business activities or segments. They are usually reported as a separate line item. Therefore, all the gains and losses for that discontinued division must be reported separately on the company's income statement. The purpose is to distinguish them from those of continuing operations.

4 0

3 years ago