Answer:
Here is how to find the equilibrium price of a product:
Use the supply function for quantity. You use the supply formula, Qs = x + yP, to find the supply line algebraically or on a graph. ...
Use the demand function for quantity. ...
Set the two quantities equal in terms of price. ...
Solve for the equilibrium price.
Answer:
$175,500
Explanation:
According to IAS 16 Property Plant and Equipment (PPE), the cost of an item of property plant and equipment is the total cost incurred in making the asset (or item of PPE) available for use.
This cost includes the cost of acquisition, associated tax, installation cost etc.
The total value assigned to the new piece of equipment
= $162,000 + $4,000 + $9,500
= $175,500
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brainly.com/question/25778296
Answer:
Those goods that can be excluded from people who choose not to pay for them.
Explanation:
If you dont pay utilities you stop receiving them.
The pricing strategy that companies mostly use for luxury products is "Premium pricing".
Explanation:
- Premium pricing is a type of pricing strategy by which a high rate is fixed for a high quality product produced by that company.
- Premium pricing is also known as Prestige pricing.
- Rate and cost of most of the luxury and high quality product produced by a company will always tend to be higher in order to make sure that the company doesn't face any loss, On the other hand premium pricing is the key strategy for producing higher profit for a company.
- On the other it increases the brand value of that company and make them look significant based on their quality of product produced.