$9.40
They are paying 85% of the regular price..
so $7.99/ .85 = $9.40
Answer:
a. iii. Too little
b. i. The industry's supply of cashews will exceed Q1 and the price of cashews will equal P1.
Explanation:
Allocative efficiency refers to the point in production where Marginal Revenue equals Marginal cost. As this is a perfectly competitive market, marginal revenue is the same as price which as shown in the question, exceeds Marginal cost. The firms are therefore producing too little to achieve allocative efficiency and need to produce more to make price and marginal cost equal.
In the long run, the firms will produce more such that supply would exceed the original quantity supplied of Q1. This will lead to the price falling back to P1 as there is now less scarcity.
Mr. Jones's concerns with privacy and health and safety are key elements in the <u>"moral rights"</u> approach to deciding ethical dilemmas.
Moral-rights refers to a ethical behavior which is guided by regard for the basic privileges of individuals, for example, those communicated in the U.S. Constitution's Bill of Rights. We would every one of the have a tendency to concur that denying individuals the privilege to life, freedom, security, wellbeing and wellbeing, and due process is deceptive. In this way, the majority of us would have no trouble censuring the circumstance of outsiders wrongfully brought into the United States and afterward successfully subjugated as when made to work 7 days seven days as cleaning specialists.
Answer:
Savings account
Explanation:
cause you will save money for the future