1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andre45 [30]
2 years ago
8

In a price​ system, A. relative prices change infrequently due to transaction costs. B. relative prices change constantly to ref

lect changes in supply and demand. C. relative prices do not signal information about changes in market conditions. D. relative prices are set by central planners based on projected supply and demand.
Business
1 answer:
faust18 [17]2 years ago
6 0

Answer:

B, relative prices change constantly to reflect changes in supply and demand.

Explanation:

Prices of goods and services in any market change regularly or constantly. This usually shows the changes in demand and supply of the goods or service.

When the demand for a good is high, prices change and there is an increase. When the demand for a good is low, prices also change and become low as there are not as much people willing to buy the good.

For supply, when the supply of a good or service is high, the price of the good or service is reduced as there is abundant supply of the good. But when the supply of the good is not as much the prices of the good changes as there is an increase.

I hope this helps.

You might be interested in
The super prize in a contest is $10 million. This prize will be paid out in equal yearly payments over the next 20 years. If the
Angelina_Jolie [31]

Answer:

contest sponsors have to deposit $6795163.17 in the escrow account

Explanation:

given data

amount = $10 million

time = 20 year

rate = 4 %

to find out

how much do the contest sponsors have to deposit in the escrow account

solution

we know Cash flow per period = 10000000/20 = $500000

we will apply here future value formula to find amount

future value = cash flow × \frac{1-(1+r)^{-t}}{r}

here r is rate and t is time

put here value

future value = 500000 × \frac{1-(1+0.04)^{-20}}{0.04}

future value = 6795163.1724

so contest sponsors have to deposit $6795163.17 in the escrow account

4 0
3 years ago
I have a 88.1% right now, if I get 15 out of 15 on this assignment what will my grade be
artcher [175]

So you start with a 88.1%.

Here is how I figure it...

If you get a 15 out of 15 on an assignment, that would be a 100% for your assignment grade.

You take 100% and add it to your 88.1% and you get 188.1%. That doesn't seem reasonable for a grade though does it...

So you take that 188.1% and you divide it by 2 (divide it in half) and you get 94.05%.

So if you get 15 out of 15 on your assignment your grade will go up to a 94.05% as I figure.


Word problem:

15 out of 15= 100%+88.1%= 188.1%÷2= 94.05%


Your final grade as I figure would be a <em><u>94.05%</u></em>




5 0
2 years ago
A new operating system for an existing machine is expected to cost $570,000 and have a useful life of six years. The system yiel
gulaghasi [49]
Which of the following items determine your preference for a ticket
7 0
2 years ago
A real estate agent is considering changing her land line phone plan. There are three plans to choose from, all of which involve
BlackZzzverrR [31]

Answer:

a. Determine the total charge under each plan for this case: 120 minutes of day calls and 40 minutes of evening calls in a month.

  • Cost for Plan A = ($0.41 x 120) + ($0.16 x 40) + $20 = $ 75.60
  • Cost for Plan B = ($0.51 x 120) + ($0.15 x 40) + $20 = $ 87.20
  • Cost for Plan C = $80 + $20 = $100

b. If the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal?

  • If the agent will use the service only for daytime calls, Plan A is better if the agent uses 195 minutes maximum. If the agent expects to use 196 or more minutes, then Plan C is better.

c. Suppose that the agent expects both daytime and evening calls. At what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans A and B?

  • Plan A charges 10¢ less per daytime minute, while plan B charges 1¢ less for evening minutes, that means that the proportion of daytime calls should be 1/11, while the proportion of evening calls should be 10/11.

7 0
3 years ago
On October 1, Vaughn's Carpet Service borrows $349000 from First National Bank on a 4-month, $349000, 9% note. What entry must V
____ [38]

Answer:

Dr Notes Payable 349,000

Dr Interest Payable 10,470

Cr Cash 359,470

Explanation:

Preparation of Vaughn's Carpet Service Journal entry

Since we were told that Vaughn's Carpet Service borrows the amount of $349,000 on 1st October from First National Bank based on a 4-month, $349,000, 9% note the transaction will be recorded as :

Dr Notes Payable 349,000

Dr Interest Payable 10,470

Cr Cash 359,470

$349,000 +($349,000 *.09* 4/12)

=$349,000+10,470

=$359,,470

3 0
2 years ago
Other questions:
  • Which appraisal method would be most useful in appraising an unusual building which has a very limited and specific use?
    14·1 answer
  • Assume you are participating in your employer's direct deposit program. On payday, the employer deposits your ________ into you
    10·1 answer
  • Xavier Co. wants to purchase a machine for $37,000 with a four year life and a $1,000 salvage value. Xavier requires an 8% retur
    12·2 answers
  • A patient needs 0.024g of sulfa drug. There are 8 mg tablets in stock. How many tablets should be given?
    10·1 answer
  • Assume that computers are a normal good. How will an increase in buyers’ incomes impact the market for computers? a) Demand for
    9·1 answer
  • The demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extr
    15·1 answer
  • Saul and Pepper have been friends since kindergarten. Both Saul and Pepper have good part-time jobs. Pepper deposits a portion o
    13·1 answer
  • The first step in the process of creating a marketing plan is to
    14·2 answers
  • On September 1, 2017, Banner Co. borrowed $70,000 from the City Bank for five months at 9%. Interest was properly accrued on Dec
    13·1 answer
  • Economists use the term inflation to describe a situation in which a. some prices are rising faster than others. b. the economy'
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!