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Elena L [17]
3 years ago
11

When supplies are endless, prices tend to _____.

Business
2 answers:
Bad White [126]3 years ago
5 0

Answer:

A is the right one! just got it right too.

Shtirlitz [24]3 years ago
3 0
When supplies are endless, prices tend to decrease! This is because there is an infinite amount of a good and everyone can get it. There will likely be left over supplies and the demand is not high so prices will go down. 
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New Body, a gym, bought new exercise equipment on credit. The purchase price was $10,438.88. They secure the loan with a financi
LiRa [457]

Answer:

b. $524.94

Explanation:

We need to solve for the PTM of a 6 year annuity with quarterly payment discount for 6.25% compounding quarterly as well:

PV \div \frac{1-(1+r)^{-time} }{rate} = PTM\\

PV $10,438.8800

time 24 (6 years x 4 quarter per year)

rate 0.015625 8 ( 0.0625 / 4 )

The payment every quarter will be for:

10438.88 \div \frac{1-(1+0.015625)^{-24} }{0.015625} = PTM\\

PTM  $ 524.942

4 0
3 years ago
Some people include a letter of last instruction in their estate planning. What is likely TRUE about this letter?
iVinArrow [24]

Answer:

C

Explanation:

A Letter of Last Instruction (LOLI) serves to give family important information such as where the person wants to be buried, instructions for any pets, or location of important legal documents.  

Side note: this is not a will, and should not be used as a substitution for one. A will is a legal document, a LOLI is not.

Hope this helps! Let me know if you have any further questions about my response.

3 0
3 years ago
The balance of the revenue account is transferred to the
miv72 [106K]
Credit side of a the balance of revenue account is transferred
6 0
3 years ago
1.The percentage of the labor force that belongs to a union is known as the
Helen [10]
1) The percentage of the labor force that belongs to a union is known as the UNIONIZED PERCENTAGE RATIO.

2) The equilibrium wage rate is determined by the point of intersection of labor market supply and labor market demand. Equilibrium wage is the wage where the company agrees to pay and the worker agrees as the value of his work.

3) The effect of union exclusion of nonunion workers is to lower the wages of nonunion workers.

4) A market with one buyer and one seller is a bilateral monopoly. Monopoly is a market with only one seller. Monopsony is a market with only one buyer.
4 0
3 years ago
Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for
marysya [2.9K]

Answer: 40 pounds

Explanation:

Given the following :

Ordering cost = $10 / order

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Average inventory level at the time in which 80 pounds of pepperoni was ordered is given as

Average inventory level is given as :

Order quantity / 2

80 pounds / 2 = 40 pounds

6 0
3 years ago
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