Answer:
a) Perfect substitution
Explanation:
When two good or services can satisfy the same purpose, and their prices are closely matched then they are called perfect substitutes. Example.
They benefit producers and hurt consumers
Answer:
$70,050
Explanation:
The computation of the acquisition cost of the equipment is shown below:
= Cash price + sales tax + insurance during transit + installation and testing
= $64,600 + $4,000 + $610 + $840
= $70,050
We simply added the all given cost as it is included in the acquisition cost and the same is to be considered
Hence, the acquisition cost is $70,050
Another way to achieve the same goals as minimum wage and wage control ( without keeping markets from reaching equilibrium levels) is to increase YOUR PERSONAL INCOME directly.
It's actually a very simple way of thinking. If your salary currently could not afford a certain lifestyle, in order to afford it you could either : Cut back your other expense and re-allocate or simply by getting more money
A <u>financial analyst</u> is responsible for evaluating and recommending proposed long-term investments.
<h3>Who is a financial analyst?</h3>
A financial analyst is a person who has gained long-term experience in handling personal and public finances. The wealth of experience that they have acquired over the years has equipped them with the ability to give sound advice to people who seek financial advice.
When people also want to make long-term investments that require huge amounts of money, then they will also need the services of a financial analyst.
Learn more about financial analysts here:
brainly.com/question/20714328
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