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Reil [10]
4 years ago
5

In a market economy , a high price is a signal for

Business
2 answers:
Vadim26 [7]4 years ago
8 0

In a market ecoomy, a high price is a signal for producers to supply more and consumers to buy less.



Think of a high price as saying to producers, "Go, go, go!" There is obvious demand for the product that has pushed the price high--so the more you can make and sell, the more you as a supplier will profit. At the same time, the high price is saying to consumers, "Whoa, whoa, whoa! Slow down!" High prices will tell consumers to hold off on purchasing something and assess whether they really need it or can afford it. Even if the product is needed, consumers may wait, in hopes that prices will come down before long, or buy less of the product than they would have if prices were lower.


irinina [24]4 years ago
7 0
Producers to supply more & consumers to buy less
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The following department data are available: Total materials costs $172000 Equivalent units of production - materials 50000 Tota
Dmitry_Shevchenko [17]

Answer:

6.94

Explanation:

The total cost of materials is $172,000

The equivalent unit of production materials is 50,000

The total conversion costs are $105,000

The equivalent unit of production is 30,000

Therefore the total manufacturingg costs per unit can be calculated as follows

172,000/50,000

= 3.44

105,000/30,000

= 3.5

3.44+3.5

= 6.94

4 0
4 years ago
Suppose someone takes out a home improvement loan for $30,000. The annual interest on the loan is 6% and is compounded monthly.
dsp73

Answer:

Explanation:

Monthly interest = 6 / 12 = .005

principal amount a₀ = 30000

an denote the amount owed at the end of the month

amount owed at the end of one month

a₁= 1.005 x a₀ - 600

amount owed at the end of 2 nd  month

a₂= 1.005 x a₁ - 600

amount owed at the end of nth month

an =  1.005x an-1  - 600 for n ≥ 1

4 0
3 years ago
Last year mike bought 100 shares of dallas corporation common stock for $53 per share. during the year he received dividends of
Ronch [10]
Last year mike bought 100 shares of Dallas corporation common stock for = $53 per share
he received this year dividends of = $1.45 per share
stock is currently selling for = $60 per share
rate of return = ?
capital yield %= (60 - 53 / 53) x 100 = 0.132  x 100 = 13.2%
dividend yield % = (1.45 / 53) x 100 = 0.0273 x 100 = 2.73%
Total yield or rate of return will be = 13.2 + 2.73 = 15.94 %
7 0
3 years ago
The XYZ Corporation has a distinct division of labor, consistent rules, and a clear hierarchy. Managers maintain distance betwee
Mamont248 [21]

Answer:

A bureaucracy

Explanation:

Bureaucracy is an organisational structure that is aimed at maintaining uniformity and control in an organisation.

This is achieved through established processes and ways of interaction between staff.

Bureaucracy is characterised by multiple layers and complex processes that makes actions and decisions slow.

This is exemplified in the given scenario where XYZ Corporation has a distinct division of labor, consistent rules, and a clear hierarchy. Managers maintain distance between themselves and subordinates, and promotions are awarded based on technical expertise.

3 0
3 years ago
Ok guys i hope this question isn't to hard or easy so heres the question.≥3≤
ddd [48]

The answer is C which you did spell wrong but that is ok

7 0
3 years ago
Read 2 more answers
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