Answer:
The correct answer is C
Explanation:
Economies is the study of how the society uses the resources which are limited and it deals with the consumption, production as well as distribution of the goods and services.
And under the economics the cost of something like or product is defined as what the person give up in order to get something.
For example, a person wants to purchase to product, he needs to give up the money against it in order to have the product or item with him.
C relative price » sub effect & income effect
Answer:
Risk of a bad investment
Explanation:
When an investor is calculating an investment's interest rate, he/she must include all brokerage commissions and fees
, inflation rate (interest rate must exceed the inflation rate) and the investor's opportunity cost.
Investors are risk adverse, which means that a risky investment should yield a higher return. That could be considered a rational investment rule, but it is not included in the calculation of the interest rate.
Answer: $26,000
Explanation:
Ending Inventory = Beginning Inventory + Units to be produced - Sales
18,000 = 15,000 + Units to be produced - 23,000
Units to be produced = 18,000 + 23,000 - 15,000
Units to be produced = $26,000
Answer:
Cheap
Explanation:
If Mary is selling one product at a lower promotional price then the buyer will think the other products are being sold at a lower price too right?
I may be wrong.......