Answer:
The market price of a good equates the total cost of production and the marginal value that consumers attach to a unit of the good. Because the price also reflects the opportunity cost of the resources employed to produce the last unit, consumers will value the last unit until they purchase at least as much as they would value any other good that those resources could have produced. These characteristics of perfectly competitive markets guarantee productive efficiency.
Explanation:
Prices in the market are determined by supply and demand. If demand exceeds supply, that is, there is excess demand, the price will rise. If the supply exceeds the demand, that is, there is an oversupply, the price will fall. When demand and supply are equal, the price of a commodity theoretically corresponds to its cost of production. If the market refuses to pay a price equal to the cost of production, the cost of production will exceed revenue and therefore the cost of production must be adjusted to the market price in order to avoid losses. If the commodity has already been produced, one has to settle for the loss-making price it obtains on the market. Prices are distorted, for example, by raising taxes (such as VAT) and subsidies by lowering prices. In addition, prices are distorted by imperfect competition.
The change in the market value of an asset over some time period is called the capital gain.
A capital gain is any profit you making off of an asset due to the market value increasing. This is common when you purchase a home, you want to make sure (if you can) that you sell when the market value is higher than the price you paid initially. It's common to invest in something in hopes to achieve a capital gain from that investment.
Incomplete question. The full question read;
Is this prohibited discrimination under the Alberta Human Rights Act?
1) Yes: the prohibited ground would be race, and the prohibited area would be employment.
2) Yes: the prohibited area would be expression, and the prohibited ground would be employment.
3) No: the prohibited area is employment, but there is no prohibited ground.
4) Yes: Derik's freedom of expression is directly involved.
Answer:
<u>1) Yes: the prohibited ground would be race, and the prohibited area would be employment.</u>
Explanation:
The Alberta Human Rights Act prohibits discrimination in a company's employment practices. In other words, the Alberta Act covers discrimination in the area of employment.
Also, the prohibited ground would be race, since the very practice of having multiple nose and facial piercings is usually done among a particular race.
Answer:
To entice customers to use it's credit card
Explanation:
Credit Card companies use tactics like this because it sounds more appealing then having to start paying immediately. This gives them an advantage over other companies that don't offer this making more people want to use their credit card.
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