Answer:
(B) Accept the low price happily
Explanation:
As the customer was willing to pay up to 60 dollars for the item, the offer of 50 dollars will be acceptable as it is creating a consumer surplus of 10 dollars.
The customer will look for his own benefit and to his judgement, the deal is good as it saves 10 dollars.
The amount earn by the seller is irrelevant.
Answer:
the price increases
Explanation:
its inflation due to the decrease in production of the the product but not the need for it the price will rise.
The answer to your question is True
Hope I helped! Plz mark brainliest! Have an awesome day!
Answer:
Support trading patterns within the group of developed nations
Explanation:
The major aim of the OECD is to improve the economy of the world and promote trade between developed nations. It provides a forum for different government to come together and work for the purpose of finding solutions to problems they have in common. They work with nations that aims to improve their economy and the well-being of its people.
Answer: Option C
Explanation: Short term receivables refers to the amount of receivables that are to be received within a year. Thus, discounting a value for just one period with the market interest rate won't make a big change in value.
Hence the discount is usually considered immaterial as it is very small in value.
The discounting method is usually used for the long term investments in which a huge amount is invested for a period more than on year. As interest rates could change the value of a amount received due to their fluctuating nature.
Thus, the correct option is C.