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zalisa [80]
4 years ago
12

At equilibrium in a market for a product, the total revenues received by sellers equal the

Business
1 answer:
FrozenT [24]4 years ago
6 0

Equilibrium is a situation where the seller’s Revenue and buyers cost are equal or intersect each other. In other words, the point of Equilibrium can be understood a level at which the total revenues received by sellers equal the total amount spent by buyers on the product.



At equilibrium in a market for a product, the total revenues received by sellers equal the: <u>Total amount spent by buyers on the product</u>




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madreJ [45]

Answer:

Use the production line of the other organization or form an alliance with another pharmaceutical company

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8 0
3 years ago
Some people argue that cover letters are the most important job search document you create. Do you agree or disagree with this s
sweet-ann [11.9K]

Answer:

I dont agree

Explanation:

Cover letters are a good first contact with candidates for a position. They draw attention to the Curriculum Vitae if the Cover Letter is strong enough. Personally, I think that the Curriculum Vitae itself is the most important document that a candidate can create as it specifies all the experience gained through the work life. Additionally, when you are applying to a Job the Cover Letters are optional but the curriculum vitae is always mandatory.

5 0
4 years ago
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An​ individual's income rises from ​$77 comma 00077,000 per year to ​$83 comma 00083,000 per​ year, and as a consequence the​ pe
Alla [95]

Answer:

1) 19.23/Positive

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Explanation:

In order to calculate the income elasticity of a product we will have to measure the percentage change in income and the percentage change in  quantity purchased of that product cause by the change of income.

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So a 7.8% increase in income increases the purchases by 150%, in order to calculate the income elasticity we will divide 150 by 7.8

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Income elasticity = 19.23

Because the income elasticity is positive we can infer that movie downloads are normal goods because the quantity purchased increases when income increases.

7 0
3 years ago
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6 0
3 years ago
THIS IS TIMED!!
Dominik [7]

Answer:

b,d,e

Explanation:

i jus know

7 0
3 years ago
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