1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
serg [7]
3 years ago
11

A market has four individuals, each considering buying a grill. Assume that grills come in only one size and model. Martina cons

iders herself a grill-master, and finds a grill a necessity, so she is willing to pay $400 for a grill. Javier is a meat-lover, honing his grilling skills, and is willing to pay $350 for a grill. Kamal wants to impress his friends with his vegetable grilling skills and is willing to pay $320 for a grill. Lina loves grilled shrimp and thinks it might be cheaper in the long run if she grills her own shrimp instead of eating out at a restaurant, so she is willing to pay $200 for a grill. If the market price of grills is $300, who will participate in the market?
Business
1 answer:
artcher [175]3 years ago
5 0

Answer:

Martina

Javier :

Kama

Explanation:

The people that would participate in the market are those whose willingness to pay is higher than the market price for the grill.

The willingness to pay is the highest amount a person would be willing to pay for a good

Martina : $400 > $300  would participate

Javier : $350 > $300 would participate

Kama : $320 > $300 would participate

Lina : $200 < $300 would not participate

You might be interested in
What is it like to be a criminal in a mixed economy
sweet-ann [11.9K]
It is very disturbing as everyone would be staring at you and wondering who you are. You would be confused because you would not know what to do. Life would be different than to the place you live it. It is basically strange.
6 0
3 years ago
The drugstore chain CVS uses loyalty-card data to better understand what consumers purchase, the frequency of store visits, and
EastWind [94]

Answer:

The correct answer is letter "D": Companies can collect fuller and richer information about markets, customers, prospects, and competitors.

Explanation:

In the pursuit of obtaining more revenue, firms implement diverse approaches to study consumer behavior. <em>Preferences, frequency, </em>and <em>size</em> of purchases are core factors that companies take into consideration at the moment of planning their operations. To achieve their goal they collect data from internal sources and sometimes consider information that competitors might disclose on current and potential customers.

4 0
3 years ago
Who plays f o r t n i t e
ohaa [14]

Answer:

not me i play buildroyal.io

Explanation:

5 0
2 years ago
"An unaffiliated investor wishes to sell a large amount of "144" shares. This person can do so, without being subject to the Rul
tekilochka [14]

Answer: 6 months

Explanation:

The Securities and Exchange Commission (SEC) of the United States uses Rule 144 to control and regulate sales transactions involving restricted, unregistered, and control securities.

When an unaffiliated investor to a company whose stock falls under Rule 144 wishes to sell them, they are indeed not bound by volume limitations if they sell after the holding period requirement of 6 months has been met.

This means that from the day the unaffiliated investor purchases and fully pays for the shares, they cannot sell them until 6 months from that very day have elapsed.

4 0
3 years ago
According to AU-C 315, Understanding the Entity and its Environment and Assessing the Risks of Material Misstatement, not all co
ankoles [38]

Answer:

The correct answer is B. Maintenance of control over unused checks.

Explanation:

Risk of material misstatement is the risk that the financial statements contain material misstatements prior to the performance of the audit. The risk comprises two components, described as follows, in the statements:

Inherent risk - Susceptibility of a statement about a type of transaction, accounting balance or other disclosure of information to a misstatement that could be material, either individually or in aggregate with other inaccuracies, before taking into account the possible corresponding controls.

Control risk - Risk that an error that could exist in a statement about a type of transaction, accounting balance or other information relief, and that could be material either individually or in aggregate with other inaccuracies, is not prevented, or detected and corrected in a timely manner, by the entity's internal control system.

5 0
3 years ago
Other questions:
  • Prepare journal entries to record the following four separate issuances of stock.
    11·1 answer
  • Blossom Company's trial balance reflected the following account balances at December 31, 2020: Accounts receivable (net) $40000
    5·1 answer
  • Mittelstaedt Inc., buys 60 percent of the outstanding stock of Sherry, Inc. Sherry owns a piece of land that cost $223,000 but h
    9·1 answer
  • Unearned Seminar Fees has a balance of $6,500, representing prepayment by customers for five seminars to be conducted in June, J
    11·1 answer
  • Ken and Tim realize that in order to resolve their conflict, it is better if they each get something of what they want, in effec
    15·1 answer
  • What entrepreneurial activities do you know and capable of doing which are related to cookery
    15·1 answer
  • We will derive a two-state put option value in this problem. Data: S0 = 180; X = 190; 1 + r = 1.1. The two possibilities for ST
    9·1 answer
  • The following information is available for October for Barton Company:Beginning inventory $250,000Net purchases 750,000Net sales
    8·1 answer
  • A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that fa
    9·1 answer
  • Farris Billiard Supply sells all types of billiard equipment, and is considering manufacturing their own brand of pool cues. Mys
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!