Answer:
The equilibrium number of firms is 20.
Explanation:
Q = SH × b
= 2,400 × (1/20)
= 2,400 × 0.05
= 120
Also given, Q = S / n
120 = 2,400 / n
n = 20
Make money for the government
Here are the answers of the given question above. The decision-makers that <span>experience scarcity are the following: governments, companies, and individuals, except for capital goods since capital goods is not a decision-maker. Hope this is the answer that you are looking for. Have a great day!</span>
<em>Patents protected inventors and let them profit from their inventions</em>
<em>~Luis~</em>
Answer:
--Correct Answer = $ 2,000
Explanation:
the step by step Workings can be seen below
Beginning Inventory $512,000
Add: Purchases $53,000
Less: Cost of goods Sold $48,000
Ending Inventory as per perpetual method $517,000
Less: Ending Inventory as per physical count $515,000
Shrinkage amount $2,000