Answer:
A normal good is a good whose demand increases when income increases
Explanation:
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls
Inferior goods are goods whose demand falls when income rises and increases when income falls.
For example, if when your income was $100,000 per annum, you had one car but when it increased to $500,000, you bought two more cars. Car is a normal good
Answer:
Marginal cost is rising.
Explanation:
Given that,
Jill Johnson currently produces = 10,000 Pizzas per month
At a total cost = $500
Marginal cost refers to the cost of producing one more unit of a commodity to satisfy a given want.
Average total cost = $500 ÷ 10,000
= $0.05
Here, Marginal cost of producing pizzas is as follows:
= Total cost of producing 10,001 pizzas - Total cost of producing 10,000 pizzas
= $500.11 - $500
= $0.11
Therefore, marginal cost of producing an additional pizza is $0.11 and it is rising, since average total cost is less than marginal total cost and ATC rising.
Explanation:
They all have a cycle, and have something to do with money. The merchandisers promote the items, people sell them , and purchasers buy them. Simple.
Answer:
dual enrollment program
Explanation:
In the United States, dual enrollment, also called concurrent enrollment, programs allow students to be enrolled in two separate, academically related institutions. Generally, it refers to high school students taking college or university courses.
Answer:
2,015 computers
Explanation:
The computation of the produce units is shown below:
= Sale units + ending inventory units - beginning inventory units
where,
Sale units is 2,000 computers
Ending inventory units = 2,000 computers × 15% = 300 computers
Beginning inventory units = 1,900 computers × 15% = 285 computers
Now put these units into the formula above
So, the units would equal to
= 2,000 computers + 300 computers - 285 computers
= 2,015 computers
