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Butoxors [25]
3 years ago
6

Able Pads, Inc., sells plain white printer paper in a perfectly competitive market. What does its individual demand curve look l

ike?

Business
1 answer:
nirvana33 [79]3 years ago
3 0

Answer:

The demand curve will look like a straight  line .

Explanation:

Perfect competition is that in which there are large number of buyers and large number of sellers of a commodity and no individual sellers or buyer can control the prices. If the seller try to influence the price then they will loss their buyers as there are many other seller also exist in the market.

Under perfect competition , the firm produce homogeneous product. Both buyers and sellers have full knowledge of the market.

The curve under perfect competition is indicated by horizontal . It shows that a firm can sell any quantity of a product at the prevailing price . And no quantity if they  influence the price.

<u>The figure under shows the curve:</u>

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Reil [10]

A budget is a plan you make to decide how you spend your money.

To make a budget you must decide how much of your money you want to spend and how much of it you want to set aside. To balance a budget, keep track of all your expenses, payments, and income.

5 0
2 years ago
What is the biggest attraction for business considering enganing in international business?
kvasek [131]
Option D. The size of the market

This is because they have an idea that with a larger market size the can gain economies of scale and make a larger profit.
3 0
3 years ago
Which of the following are examples of career clusters? Select all that apply. PLEASE HURRY​
faltersainse [42]

Answer:

E, C, B

Explanation:

Those seem like they'd be Carrer clusters

4 0
2 years ago
Abigail buys cookies at a local gas station for $2.00 per pack. At the grocery store, she can get 10 packs for $20. Online, they
Goryan [66]

Abigail can buy the cookies at any of the merchants; the cost is the same. hence, Option B is the correct statement.

<h3 /><h3>What do you mean by financial advice?</h3>

The manner of attractiveness withinside the commercial enterprise of advising others with admiration to the making plans and/or the execution of recommendations in respect of selecting, purchasing, or promoting economic merchandise to satisfy investment, threat management, or threat mitigation objectives is referred to as Financial Advice.

Hence, Abigail can buy the cookies at any of the merchants; the cost is the same. Option B is the correct statement.

Learn more about Financial advice here:

brainly.com/question/4514268

#SPJ1

7 0
2 years ago
Machinery was purchased for $460000 on January 1, 2022. Freight charges amounted to $15000 and there was a cost of $34000 for bu
guapka [62]

Answer:

The amount of accumulated depreciation at December 31, 2023 = $88,800.

Explanation:

<u>Determining the actual acquisition cost.</u>

The actual acquisition cost = Purchase value + freight charges + Installation costs.

The actual acquisition cost = 460,000 + 15,000 + 34,000.

The actual acquisition cost = $509,000.

<u>Determining the depreciable cost.</u>

The depreciable cost = acquisition cost - Salvage value.

The depreciable cost = 509,000 - 65000.

The depreciable cost = $444,000.

<u>Determining annual depreciation expense.</u>

Annual depreciation expense = depreciable cost / number of years.

Annual depreciation expense = 444,000 / 10.

Annual depreciation expense = 44,400.

<u>Determining the accumulated depreciation .</u>

The accumulated depreciation = annual depreciation expense × number of years.

The accumulated depreciation = 44,400 × 2.

The amount of accumulated depreciation at December 31, 2023 = $88,800.

4 0
3 years ago
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