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Gnom [1K]
3 years ago
5

g Suppose Phil and Miss Kay are the only consumers in the market. If the price is $12, then the market quantity demanded is Ques

tion 7 options: a) 0 units. b) 2 units. c) 4 units. d) 6 units.
Business
1 answer:
juin [17]3 years ago
6 0

the market quantity demanded is 2 units.

Answer: Option B.

<u>Explanation:</u>

Market quantity demanded is the demand of a particular good that has been made by the consumers in the market which is negatively related to the price of the product.

Since it is negatively related with the price of that product, so with the rise of the price of the product, the quantity of the commodity demanded will decrease with the increase in the price of the commodity and vice versa. For this reason, the graph of this is negatively sloping.

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dakari, ceo of a successful medical supply company, is constantly reading press releases and news articles about his competition
OLga [1]

In putting in so much effort to find out about his competition and the products they offer, Dakari is most likely a. evaluating opportunities

There are several ways to learn about new opportunities in the market and some of them include:

  • Finding out what your customers want
  • Finding out what the trends your industry is moving towards
  • Finding out what your competitors are up to

Your competitors will constantly be trying to make better products in order to capture more market share. You can therefore look at what they are doing to find out what new thing you can be doing.

This is what Mr. Dakari is doing so we can conclude that he is evaluating opportunities.

<em>Find out more at brainly.com/question/8493674.</em>

4 0
2 years ago
What is the typical relationship between time and interest rate?
UNO [17]
The more time the higher the interest rate
8 0
3 years ago
Read 2 more answers
The following information is available for the first month of operations of Bahadir Company, a manufacturer of mechanical pencil
Lorico [155]

Answer: See explanation

Explanation:

a. Cost of goods sold

This will be:

= Sales - Gross profit

= $792,000 - $462,000

= $330,000

b. Finished goods inventory at the end of the month.

This will be:

= Cost of goods manufactured - Cost of goods sold

= $396000 - $330000

= $66000

c. Direct materials cost

This will be:

= Materials purchased - Material inventory ending

= $244200 - $33000

= $211200

d. Direct labor cost

This will be:

= Manufacturing cost - Direct materials - Overhead

= $455400 - $211200 - $198000

= $46200

e. Work in process inventory at the end of the month

This will be:

= $455400 - $396000

= $59400

Note that:

Overhead cost= Indirect labor cost + Depreciation

= $171600 + $26400

= $298000

4 0
3 years ago
We realize the importance of our voices only when we are silenced page number
ioda
The quote could be seen on page number 186.
This is one of the famous quote from a book called 'I am Malala'
The book told a story about a girl that grew up in the Taliban and have to experience many form of silencing and thought policing.
The quote indicated that people often forget how good it is to live in a place where you could express your opinion freely.
8 0
3 years ago
Read 2 more answers
Which of the following should NOT be considered when determining a fair option fee?A. Cost of a title search B. Tenant's credit
emmasim [6.3K]

Answer:

A. Cost of a title search

Explanation:

Option B - Tenant's credit rating is a necessary thing when determining a fair option fee. So, it is not the correct answer.

Option C - Without the number of terms, it is difficult to determine a fair option fee. So, it is also incorrect.

Option D is also wrong, as property value is the main element of finding a fair fee.

Therefore, Option A is the answer as, during the determination of a fair option fee, the cost of the title search is not a necessary element.

6 0
3 years ago
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