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Scrat [10]
3 years ago
9

Often consumers base their perception of price on what they perceive to be the customary or ________.

Business
2 answers:
lawyer [7]3 years ago
8 0
Often consumers base their perception of price on what they perceive to be the customary or <em>fair price. </em>
ycow [4]3 years ago
3 0
Based on other stores, and what their prices are too
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13. A firm hires its labor in a perfectly competitive factor (or resource) market and sells its product in a perfectly competiti
marissa [1.9K]

Answer:

Attached below are the graphs

Explanation:

i) The Equilibrium wage rate in the market is determined by the Intersection of the labor demand and supply curve  as seen in the graph attached

ii) The Labor supply curve the firm faces is perfectly elastic in a perfectly competitive resource market

iii) The demand curve of the firm is perfectly elastic because in competitive market a slight change in price will cause a massive change in demand

iv) The firm will continue hiring as long as  MRP ≥ MFC

( MRP = marginal revenue product , MFC = marginal factor cost )

7 0
3 years ago
A client is trying to decide between a par value corporate bond carrying a coupon rate of 6.25% per year and a par value municip
lana66690 [7]

Answer:

Municipal bond

Explanation:

We can clearly find out which bond to select by finding their equivalent taxable yield.

DATA

Coupon rate (corporate bond) = 6.25%

Coupon rate (municipal bond) = 4.75%

Marginal income tax = 28%

Equivalent taxable yield of municipal bond = coupon / (1-tax rate)

Equivalent taxable yield of municipal bond = 4.75% / (1-0.28)

Equivalent taxable yield of municipal bond =  6.6%

Hence municipal bond must be selected having a higher equivalent taxable yield as compared to corporate bond.

4 0
3 years ago
Alex needs to pay a bill, but he does not have a checking account. What banking service can he benefit from?
valkas [14]
Money order would be the correct answer
4 0
4 years ago
Read 2 more answers
The number of texans receiving benefits from tanf has ____________ and the number receiving benefits from food stamps has ______
joja [24]
The number of texans receiving benefits from tanf has decreased and the number receiving benefits from food stamps has increased  since 2000.

Hope this helps !

Photon
5 0
3 years ago
Which of the following is true?a. Anticipated inflation is an increase in the price level that comes as a surprise, at least to
alexira [117]

Answer:

Option "C" is the correct answer to the following statement.

Explanation:

Decision-makers are usually highly skilled in Forecasting Inflation, they educate themselves to get knowledge and skill which will help them to Anticipate inflation slow market rates.

Decision-makers probably expect with a particularly high level of certainty with these forecast many industries change their plans according to inflation.

6 0
3 years ago
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