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DaniilM [7]
4 years ago
8

How do buyers choose between products in perfect competition?

Business
1 answer:
Burka [1]4 years ago
8 0
Here is what buyers do in order to choose. <span>The thing that drives all choices is consumer’s interest in the market transaction and this is often reduced to that of gaining the maximum amount of the good in question for the minimum amount of money. It is said that theories support the idea that consumers cannot choose between goods on the basis of quality, since goods are taken to be homogeneous. So they choose by means of how mcuh interest they have in an especific product.  </span>
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Splish Company provides the following information about its defined benefit pension plan for the year 2017. Service cost $110,00
kipiarov [429]

Answer: $155,520

Explanation:

Pension Expense = Service Cost - Expected return on plan assets + Prior service cost amortization + Interest cost

Interest Cost

= Interest rate * Projected benefit obligation

= 0.09 * 728,000

= $65,520

Pension Expense = 110,000 - 30,000 + 10,000 + 65,520

= $155,520

3 0
4 years ago
What are the purposes of a good web page design?
Marina CMI [18]
To get the attention of as many viewers as possible, & to make the web page as easy as possible for your viewers to find the information that they're looking for.
6 0
3 years ago
Help. business management
Anastaziya [24]

Answer: The break-even point is 66 units.

Explanation:

The break-even point can be found by dividing total fixed costs by the difference between selling price and variable cost.

(fixed cost) / (sale price - variable cost)

1980 / (50 - 20) = 66 units

Salt & Battery must sell 66 units of product before breaking even.

3 0
3 years ago
Which of the following considerations can sometimes override consequences when comparing and weighing alternatives for ethical d
adelina 88 [10]

Answer:

The correct answer is B

Explanation:

Principle is the term which is defined as the scientific law or theorem which has various special applications.

And sometimes matters of duties, principles or rights could countermand or override the consequences when weighing and comparing the alternatives related to the ethical decisions making.

For example, how an employee weighs and compares the alternatives for the ethical decision making might ground or depend on the duties or responsibilities linked with the position of the employee in the company.

3 0
3 years ago
Consider a firm with a contract to sell an asset for $138,000 five years from now. the asset costs $74,000 to produce today. giv
shepuryov [24]

The cost to produce today = 74000

At a discount of 12%, the future value of costs in 5 years = PV*(1+r)^n where PV = 74000, r= 12% = 0.12 and n = 5 years = 5

The value of costs in 5 years = 74000*(1+0.12)^5

The value of costs in 5 years = 74000*1.12^5

The value of costs in 5 years 130,413.28

Price in 5 years = 138,000

Profit = 138,000-130,413.28 =  7,586.72

The profit the firm will make on this asset (considering time value of money) = $7,586.72

6 0
4 years ago
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