Answer:
Ask your question <u>properly</u>
<u>and </u><u>also </u><u>follow </u><u>me </u>
Add the cost of the lot and the cost of the house together to get the total cost ($163,000). Next, subtract the sales price from the total cost to get the amount of loss ($10,000) he took. Finally, divide the total cost by the loss amount ($10,000 ÷ $163,000).
The definition of cost is to be valued at something or to lose. A loaf of bread costing $3 is an example of a cost. Giving up your freedom in order to grant freedom to another person is an illustration of the cost.
A company's cost is the amount of money it had to spend to create its goods or services. It is calculated as the sum that the business spends to create a specific number of a product. Simply put, it is the cash that a business spends on things like labour, services, raw materials, and other costs.
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Answer:
Inelastic; elastic
Explanation:
Goods with inelastic demand curves tend to raise more government revenue compared to goods with the elastic demand curve. An increase in price does not affect the demand of inelastic goods and it remains the same, that is why, governments usually increase the prices of goods that have inelastic demand curve, for example, petrol and toll tax, etc.
Answer:
Continue operating; $699
Explanation:
The equilibrium price is $10.
MR = MC at 233 units of output.
At this output level, ATC is $12, and AVC is $9.
The AFC or average fixed cost
= ATC - AVC
= $12 - $9
= $3
The total fixed cost
= 
= 
= $699
The equilibrium price is able to cover the average variable cost so the firm should continue production in the short run.
Answer:
A. Flexible
Explanation:
Taylor takes her employees' opinions into consideration via reasoning and discussion when making departmental decisions. She is very much flexible with her role models. She listens to her employees, takes advises from them and then accordingly make divisions. She is the best example of a leader who learn from others and make plans with the help of others in the changing situations. An effective leader and manager should be flexible in order to make their employees and followers comfortable with them. In this way, they can share and coordinate quite effectively.
