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jek_recluse [69]
3 years ago
7

One of the three economic questions deals with deciding

Business
1 answer:
Savatey [412]3 years ago
5 0
A is the correct answer.
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David Ricardo, a nineteenth-century economist, wrote, "The price of corn is high not because a rentis paid, but a rent is paid b
pishuonlain [190]

Answer:

The correct answer is the option 3: if the price of corn rises because of increased demand for corn, land rents will rise to absorb most of the extra revenue received by tenant corn farmers.

Explanation:

To begin with, in David Ricardo's statment it is established that ''the rent is paid because the price of the corn is high'' therefore it is understandable that it is stated that <em><u>the price of the corn is not a cause of the rent but it is the opposite</u></em>, the price causes the rent due to the fact that <u><em>the rent is not a cost</em></u> that has to go within the price but the price goes first and then the rent happens. Therefore that if there it an increase in the population and that causes and<em> increase in the demand of the corn, then the price will rise and consequently the rent will rise</em> to in order to obtain the most of the extra revenue that it can.

6 0
3 years ago
Which is the During the last stage of the purchase decision process, known as ________, a consumer compares a purchased product
Sergio039 [100]

Answer:

Post-purchase behavior

Explanation:

For both the questions the answer is same post purchase behavior. After consumer buy the product, he starts to compare the product to his expectations. And also the last stage of purchase decision is post purchase behavior. In this stage customer experience the product and starts to compare with his expectations. If it fulfill his expectations then he will buy it again otherwise he will switch to some other product.

6 0
3 years ago
Read 2 more answers
Why do we have to have an internet connection to use this app
Sergeeva-Olga [200]
Basically Brainly is an academic version of Facebook. It allows for the real-time communication of people who either need help or are helping.
8 0
3 years ago
Grouper Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Item
zhuklara [117]

Answer:

Normal profit was missing, so I looked for it:

Item   Q        Cost        Cost to    Estimated       Cost                Normal*  

No.                p/ unit     replace   selling price   of Completion  profit

                                                                            and Disposal

1320 1,500   $3.87       $3.63         $5.45           $0.42                $1.38

1333 1,200   $3.27       $2.78         $4.24            $0.61                $0.67

1426 1,100    $5.45       $4.48         $6.05          $0.48                 $0.47

1437 1,300    $4.36       $3.75         $3.87          $0.30                 $0.25

1510 1,000    $2.72       $2.42         $3.93          $0.97                  $1.18

1522 1,200   $3.63       $3.27         $4.60          $0.48                 $0.84

1573 3,300   $2.18        $1.94          $3.03          $0.91                 $0.93

1626 1,300   $5.69       $6.29          $7.26         $0.61                  $1.56

we have to first determine the ceiling NRV and floor NRV

Item     Cost to    Estimated       Cost                NRV           NRV

No.       replace   selling price   of Completion   ceiling        floor

                                                    and Disposal

1320   $3.63         $5.45             $0.42                 $5.03        $3.65

1333   $2.78         $4.24              $0.61                 $3.63         $2.96

1426   $4.48         $6.05             $0.48                 $5.57         $5.10

1437    $3.75         $3.87             $0.30                 $3.57         $3.32

1510    $2.42         $3.93             $0.97                 $2.96         $1.78

1522   $3.27         $4.60             $0.48                  $4.12         $3.28

1573    $1.94          $3.03             $0.91                  $2.12          $1.19

1626   $6.29          $7.26             $0.61                 $6.65         $5.09

we have to determine the market value:

Item     Cost to    NRV           NRV           Market value

No.       replace   ceiling        floor           (middle of the 3)

1320   $3.63        $5.03        $3.65             $3.63

1333   $2.78         $3.63         $2.96            $2.96

1426   $4.48         $5.57         $5.10            $5.10

1437    $3.75         $3.57         $3.32           $3.57

1510    $2.42         $2.96         $1.78            $2.42

1522   $3.27         $4.12         $3.28            $3.28

1573    $1.94          $2.12          $1.19            $1.94

1626   $6.29         $6.65         $5.09          $6.29

Item     Market value       Cost              Quantity           Inventory

No.                                    per unit                                  value

1320      <u>$3.63</u>                   $3.87           1,500                 $5,445

1333      <u>$2.96</u>                   $3.27           1,200                 $3,552

1426       <u>$5.10</u>                   $5.45           1,100                 $5,610

1437       <u>$3.57</u>                   $4.36           1,300                 $4,641

1510       <u>$2.42</u>                   $2.72           1,000                 $2,420

1522      <u>$3.28</u>                   $3.63           1,200                 $3,939

1573       <u>$1.94</u>                    $2.18           3,300                 $6,402

1626      $6.29                   <u>$5.69</u>           1,300                 $7,397

total                                                                                   $39,406

               

7 0
3 years ago
Which dimension of the Big Five model refers to an individual's propensity to defer to others? A) conscientiousness B) agreeable
lisabon 2012 [21]

Answer:

agreeableness

Explanation:

Emotional stability measures the ability to withstand stress.

Conscientiousness measures the ability of a person to be reliable and organised.

Openness to experience measures interests and fascination with new things and experiences.

Extraversion measures the degree to which a person likes being with other people.

I hope my answer helps you

6 0
3 years ago
Read 2 more answers
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