Answer:
We generally calculate total average cost by dividing total cost / total output units.
In this case, we are not given the output units, but instead we are given the output value, so we should find a percentage from total revenue.
total costs = $4,800,000
total revenue = $20,000,000 + $5,000,000 = $25,000,000
average total cost = ($4,800,000 / $25,000,000) x 100 = 19.2%
This means that for every $100 of revenue, the merged company will spend $19.20.
Answer:
Ensuring products are well below the going market rate.
Quality of products offered.
Efforts to improve the lives of members.
Explanation:
<u>Explanation:</u>
First, remember that the difference between <em>normative and positive economic analysis</em> is that;
Normative analysis take a somewhat neutral view by stating how the world should be. While
The Positive analysis states the facts. That is, it describes the world as it is.
<u>
Thus, a </u><u>Normative analysis</u><u> of the consequence of minimum wage would be the following statements:</u>
c. In some cities such as San Francisco and New York, it would be impossible for low−skilled workers to live comfortably in the city without minimum wage laws.
d. The gains to winners of a minimum wage law should be valued more highly than the losses to losers because the latter primarily comprises businesses.
<u>And a </u><u>Positive analysis</u><u> of the consequence of minimum wage would be the following statements:</u>
a. The minimum wage law causes unemployment.
b. A minimum wage law benefits some groups and hurts others.
Answer:
True
Explanation:
The great advances in the mass media and technology have marked consumer habits in our society. One of the most influential today is television, because it can change the way people act or think and, in this way, create a different reality through advertising, most experience the impact of advertising by the large number of hours spent surfing the net.
Answer:
I would say that the answer is D. If he knows that people don't buy encyclopedia's, yet he stocks them, the store could lose money because no one would buy it.
Explanation:
Hope this helps. :D