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Lena [83]
3 years ago
15

The rule of supply and demand says that

Business
2 answers:
Marat540 [252]3 years ago
8 0

If the demand is higher than the supply then the price goes up, and if you have a high supply and a low demand then the price goes down

kozerog [31]3 years ago
3 0

The rule of supply and demand says that if there is high demand for goods the price of said good goes up. Now if the supply is more than the demand then price will plummet since there are too many items.

Hope this helps have a nice day (:

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Answer:

Carl is most likely satisficing

Explanation:

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8 0
3 years ago
A firm has a production function satisfying constant returns to scale. Their cost of producing 100 units of their product is $20
umka21 [38]

Answer:

1,000,000

Explanation:

As there are constant returns to scale the cost to produce a greater output will grow following a linear fucntion thus,

if 100 units units are produced at a cost of 200,000 dolllars

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200,000  x 500/100 = 200,000 x 5 = 1,000,000

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8 0
3 years ago
Read 2 more answers
Your bank is offering you an account that will pay 20 % interest in total for a​ two-year deposit. Determine the equivalent disc
Crank

Answer: a. 0.042 b. 0.086 c. 0.00692

Explanation:

NOTE: Convert months to years. So 24 months = 2 years.

a. Six months

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c. 1 month

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= 0.00692

6 0
4 years ago
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Aloiza [94]

Answer:

Import substitution industrialization (ISI) is a trade and economic policy which advocates replacing foreign imports with domestic production. Domestic consumers benefit from import substitution as they do not have to face strong competition from foreign competitors and can sell their goods at a higher price. So for example manufacturers in USA sell a battery from $10 but consumers from USA have the option to import that battery at $7 from China the US manufacturers wont be able to compete as Chinese companies have lower cost of production therefore they can sell cheaper and in order to protect the local manufacturers the government may use an ISI strategy to help the local manufacturers. On the other hand consumers are harmed from this strategy as they cannot buy the cheaper product because of change in government strategy. So consumers who were buying the battery at $7 not have to buy it at $10.

Explanation:

5 0
3 years ago
which type of classroom enables students to attend lectures without being physically present with the teacher
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An online classroom allows you to do it without physically being there
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