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Ostrovityanka [42]
3 years ago
5

Suppose that there are only two small countries in the​ world: ascot, with a population of 37 comma 500 ​people, and​ delwich, w

ith a population of 25 comma 000 people.​ ascot's gdp is equal to ​$160 million while​ delwich's gdp is ​$256 million.​ delwich's gnp has been estimated to be equal to ​$276 million. the revenue earned by firms that operate in delwich but are headquartered in ascot is equal to ​$40 million.
Business
1 answer:
FromTheMoon [43]3 years ago
8 0

Answer: The price of the tied good is $27.

Explanation: The practice of tying is used to package products in such a way that the price of the tied (combined) good is closer to the buyers total willingness to pay for the two goods.

In this case, the total willingness to pay of Carnivore is $20+$7=$27

While, that of Leafygreens is $8+$12=$20

Thus, the producer will sell the combined good at $27 as it will give him more revenue.

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The Cassil National Bank charges its customers $0.50 per transaction for using the ATM machine, if their deposit balance is belo
Anton [14]

Answer:

The correct answer is letter "C": a conditional pricing schedule.

Explanation:

A conditional pricing schedule is a pricing strategy in which what is charged to the customer depends on variable factors such as the size of the purchase or the type of products acquired. In <em>banking</em>, financial institutions tend to use this strategy usually according to the balance account holders have. The higher the balance the higher interest rates they pay to customers or the smaller fees they charge to promote clients have more money in the bank so the financial institutions can use those funds to invest.

7 0
3 years ago
Flower Depot, Inc. sells a single product for $10. Variable costs are $4 per unit and fixed costs total $120,000 at a volume lev
Amiraneli [1.4K]

Answer:

Break-even point (dollars)= $600,000

Explanation:

Giving the following information:

Selling price per unit= $10

Variable costs per unit= $4

Fixed costs= $120,000

Desired profit= $240,000

To determine the sales level to achieve the desired profit, we need to use the break-even point in dollars formula:

Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio

Break-even point (dollars)= (120,000 + 240,000) / [(10 -4)/10]

Break-even point (dollars)= 360,000/ 0.6

Break-even point (dollars)= $600,000

8 0
3 years ago
If you saw an advertisement for an electric car that boasted 500 miles between battery charges, what form of non-price competiti
Step2247 [10]

Non-price competition is a marketing strategy in which one firm tries to distinguish its product or service from competing products on the basis of attributes like design and workmanship. Consequently, the answer is:

  • advertisement- physical characteristics

<h3>Advertising</h3>

The most common or basic form of non-price competition is advertising. Non-price competition in economics consists of expenditures that are promotional such as sales promotion, coupons, advertising, and others. It also consists of the development of the new products, marketing research, and costs of brand management.

Therefore, the correct answer is given above.

Learn more about Non-price competition from here: brainly.com/question/6429008

8 0
2 years ago
Neeraj carves wooden squirrels, which he sells to benefit the local nature center. he charges $30 for each squirrel. squirrels a
Lana71 [14]

Squirrels are Neeraj's economic answer to<u><em> What to produce.</em></u>

<u><em /></u>

In economics, for whom to produce, would be the buyers. How to produce, would be the method used to create the squirrels, i.e. carving. When to produce, would depend on the demand.

Three fundamental concerns must be addressed by any economic system: what to create, how to make it, and for whom to produce it. It's important to remember that several factors, including land, labor, and capital, are in short supply. Sadly, we must make some sacrifices because we cannot have everything. How about the best ones? Choosing the combination of goods and services that maximizes value or utility is key to maximizing the effectiveness of resource allocation.

What kinds and how much of each product should be made? Products that cannot maintain profitable prices in the market will be scrapped. Therefore, only products with positive pricing should be produced, and they should be made in a way that will cause the economic  markets to clear.

To know more about Economics refer to:

brainly.com/question/28208676

#SPJ4

8 0
2 years ago
Which factor should be most important if you are considering purchasing a new video game?
marishachu [46]
B the quality is the most important when considering buying an item. Then you think of quantity.
3 0
3 years ago
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