Answer:
$500,000 Axle Corporation's basis in the Drexel Corporation stock.
According to economic principles, as prices fall, quantity demanded goes up.
What is equilibrium price?
The market price at which the amount of goods supplied and the amount of goods sought are equal is referred to as the "equilibrium price."
The demand and supply model's reasoning is straightforward. For instance, when sugar prices are lower, the market's demand is automatically increased.
Excess demand is depicted in the graph. The price is less than the equilibrium price, as shown by p2 on the graph, since as the price decreases, the quantity demanded increases.
As a result, option (a) As prices fall, quantity demanded goes up is correct.
Learn more about on equilibrium price, here:
brainly.com/question/13458865
#SPJ1
Answer:
The answer is "400 meals at 2.50 dollars a day".
Explanation:
Please find the complete question and the solution in the attachment file.
In this question, when we compare the MR value as well as the MC, the monopolist produces up to the point where MR>MC.
In this, it happens before 400 meals at 2.50 per day and, so "400 meal at 2.50 dollars a day".
Answer:
we can look at this problem from 2 different point of views:
if you have francs and wish to buy pounds: then you take 12 francs and purchase 1 ounce of gold, and then you sell it for 6 pounds. This way you will only spend 2 francs per each pound instead of 2.2.
if you have pounds and want to make a gain: you take 6 pounds and purchase 13.2 francs and you then buy 1.1 ounces of gold. Then you sell the 1.1 ounces of gold in exchange for 6.6 pounds.
Any of the scenarios does not include any transaction prices nor shipping costs, it is only theoretical.
Answer:
From the question, the contract stipulates that Destin Company has three (3) performance obligations.
1. Manufacture a new 3D printer
2. Installation of the 3D printer.
3. Maintenance of the 3D printer over the life of the printer.
All three of these are to be performed by Destin Company for the client they signed the contract with.
