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2 years ago

8

As a result of the tax, the price received by producers , and . as a result of the tax, the price paid by consumers , and total

consumer spending falls as long as demand is . true or false: consumer surplus rises if total consumer spending falls.

1 answer:

exis [7]2 years ago

7 0

This is false because consumer surplus declines because of the increase in price and reduction in quantity.

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Two different manufacturing processes are being considered for making a new product. The first process is less capital-intensive

baherus [9]

Answer:

700 units

Explanation:

FC1 : Fixed Costs from process 1

VC1 : Variable cost per unit from process 1

FC2 : Fixed Costs from process 2

VC2 : Variable cost per unit from process 2

FC1 = $50,000

VC1 = $700 per unit

FC2 = $400,000

VC2 = $200 per unit

To calculate the break-even (quantity) point we must equate the TC1 (Total cost of process 1) to TC2 (Total cost of process 2)

TC1 = TC2

FC1 + VC1(y) = FC2 + VC2(y) where y is the break-even units

50,000 + 700y = 400,000 + 200y

500y = 350,000

y = 350,000 / 500

y = 700 Units

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3 years ago

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Which term best completes the statement below? Governments can levy _____ and tariffs on imports. A. import

nadezda [96]

D. The correct answer is custom duties.

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3 years ago

What most likely will happen if the pie maker continues to make additional pies? the marginal costs will continue to rise, incre

Over [174]

<span>The most probable thing that will happen if the pie maker keeps making additional pies is this: the marginal costs will continue to rise, increasing the total cost, while the marginal revenue remains the same, decreasing the profit. This is to assume that no buyer is interested in purchasing the pies at a certain period of time. </span>

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3 years ago

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In the ______ quadrant of the core competence--market matrix, the focus is on leveraging current core competencies to improve cu

son4ous [18]

The place in the quadrant where there is the focus is on leveraging current core competencies to improve current market position is known as:

existing competence--existing market

<h3>What is a Market?</h3>

This is a place where buying and selling of goods or services takes place and a currency of value is exchanged.

With this in mind, we can see that in the existing competence--existing market, there is a focus is on leveraging current core competencies to improve current market position.

Read more about markets here:
brainly.com/question/26098648

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2 years ago

To what extent is there anything positive to be said for bureaucratic structures? Select a large-scale organization of your choi

seropon [69]

Answer:

Even though the bureaucratic structure has received a lot of criticism, it has some advantages. Accountability, predictability, structure and job security are just a few to mention. Furthermore, a bureaucratic culture is based on impersonal relationships, discouraging favoritism

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1 year ago