Its not receveable for sure already to the test and got it wrong
Total number shares * value per share = total market value
657,000,000 shares * $83/ share = 54, 531, 000, 000 or 54, 531 million
Answer:
Turnover index = 17 % (Approx)
Explanation:
Given:
Total number of house = 345
Number of house sold = 58
Find:
Turnover index
Computation:
Turnover index = [Number of house sold/Total number of house]100
Turnover index = [58/345]100
Turnover index = [0.168115]100
Turnover index = 16.8115
Turnover index = 17 % (Approx)
Salutary products are products that have low immediate appeal but may benefit consumers in the long run.
<h3>What is Long Run?</h3>
There is a time frame known as the long run during which all cost and production elements are erratic. In the long run, businesses modify every expense, but in the short term, they can only affect prices by changing their production levels. A company may also anticipate competition in the long run, even though it may currently have a monopoly in the near term.
A long run is a span of time during which a manufacturer or producer can make production-related decisions with some latitude. Depending on the predicted profits, businesses can either increase or decrease their production capacity, or enter or leave a certain industry.
In order to achieve an equilibrium between supply and demand, firms that look at the long term understand that they cannot change output levels.
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Net liquidation i believe is the proper term
