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Troyanec [42]
3 years ago
15

When people conduct business without regard for government controls on price or quantity is called a black market. Please select

the best answer from the choices provided T F
Business
1 answer:
Natalija [7]3 years ago
7 0

The statement ‘When people conduct business without regard for government controls on price or quantity is called a black market’ is true. The transactions made in the black market is illegal because it does not follow the set of rules by the government.

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When heavy rain ruined the banana crop in central​ america, the price of bananas rose from ​$0.90 a pound to ​$1.10 a pound. ban
HACTEHA [7]

Answer: Total revenue is given by

TR=P*Q

When price of bananas increase from $0.90 to $1.10 a pound and total revenue remained unchanged, it means that the quantity of Bananas sold must have decreased.

Suppose at $0.90 we sold 10 pound bananas getting us $9 revenue.

This means that at $1.10 we have to sell 8 Banana's to get the same amount of revenue.

So, change in quantity = = \frac{10-8}{10}  = 20%

So, their is a decline of 20% in the quantity of Bananas sold.

3 0
3 years ago
"helen is a u.s. citizen and cpa, who moved to london, england three years ago to work for a british company. this year, she spe
balu736 [363]

<u>Answer:</u>

<em>Exclusion upto  $103,900. Taxable amount is $6100.</em>

<u>Explanation:</u>

<em>US natives</em>, just as changeless occupants, are required to document ostracize expense forms with the government consistently paying little mind to where they dwell.

Alongside the <em>common assessment</em> form for money, numerous individuals are likewise required to present an arrival revealing resources which are held in ledgers in remote nations. Notwithstanding where you live, you should record <em>expat imposes in the US.</em>

3 0
3 years ago
Hasbro, Inc., the trademark owner of "Candy Land," sought a court injunction to prevent Internet Entertainment Group, LTD from u
Ivahew [28]

Hasbro, Inc., the trademark owner of "Candy Land," sought a court injunction to prevent Internet Entertainment Group, LTD from using the domain name, "candy land". A jury will decide whether Hasbro is entitled to this remedy is FALSE.

Option B

<u>Explanation:</u>

A form of intellectual property composed of a distinctive symbol, design or expression that distinguishes products or services of a specific source from everyone else, while marks used it to distinguish services are generally referred to as product marks is understood as a "trademark".

Trademark law regulates a manufacturer or merchant's use of a tool (including a name, expression, emblem, product shape or logo) to define its products and differentiate those goods from those made or sold by someone else.

3 0
4 years ago
A company manufactures and sells blank audiocassette tapes. The weekly fixed cost is ​$10,000 and it costs ​$0.40 to produce eac
sasho [114]

Answer:

6251 tapes

Explanation:

Given: fixed cost is ​$10,000.

           Variable cost is $0.40 to produce each tape.

            Selling price is $2 per tape.

Lets assume number of tapes to be produced and sold be "x"

We know, Total cost= Fixed\ cost+ Variable\ cost

∴ Total cost= 10000+ 0.40\times x

Total cost= 10000+0.40x

As given, selling price is $2 per tape.

∴ For attaining break even point, Tota cost = Selling price.

10000+0.40x= 2x

Solving the equation to find the value of x

⇒ 10000+0.40x= 2x

Subtracting both side by 0.4x

⇒10000= 1.60x

Dividing both side by 1.60

⇒ x= \frac{10000}{1.60}

∴ x= 6250

Hence, number of tapes must be sold and purchased is 6250 to attain break even in the business, however selling one more tapes will get profit is 6251.

4 0
3 years ago
Crandle Manufacturers Inc. is approached by a potential customer to fulfill a one−time−only special order for a product similar
valentina_108 [34]

Answer:

the minimum acceptable price of this special​ order is $410.

Explanation:

Minimum acceptable price for the special order is the price that gives a Incremental<em> contribution margin of zero</em> or <em>a price that covers all costs related to supporting the special offer</em>.

Since the company has <em>excess capacity</em>, ignore the fixed costs as these are irrelevant for this decision

Costs to Provide for the Special Offer : Minimum acceptable price

Direct materials                           $150

Direct labor                                   $60

Manufacturing support               $105

Marketing costs                            $95

Minimum acceptable price         $410

6 0
3 years ago
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