Answer:
The price of alternatives or substitutes
Reason: When there are alternatives or substitutes, this means that the consumer can then get better options.
The answer is "<span>the price a foreign currency can be purchased or sold today."
The foreign trade spot exchange, otherwise called FX spot, is an understanding between two gatherings to get one money against offering another cash at a concurred cost for settlement on the spot date. The conversion scale at which the exchange is done is known as the spot swapping scale.
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Answer:
2) Set the price of each piece of furniture equal to the marginal cost of producing it.
Explanation:
What happens in two-part tariff is that the producer recovers the entire cost of producing by charging price equal to the marginal cost.
This helps him recover cost and the entire fee the producer charges results in profits eventually. Hence, the profits is the consumer 'surplus' that we calculate given that the price of product is equal to marginal cost.
So answer here is 2- Set the price of each piece of furniture equal to the marginal cost of producing it.
Answer:
Date Account Title and Explanation Debit Credit
XXXX Cost of goods sold $5,800
To manufacturing overhead $5,800
(Entry for unapplied overhead transfer to cost of goods sold)
George is utilizing competitive intelligence. This is a
strategy in which the individual made use of gathering, defining and as well as
analyzing their customers, competitors or products by means of helping improve
his or her own business and to make strategic decisions that would be best for
one’s business or company.