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Katarina [22]
3 years ago
12

If you were to start a business delivering documents, you might need to purchase cell phones, bicycles, desks, and chairs. a. Th

ese purchases are called capital investment. If you raise the funds to purchase them from others you are a saver. b. These purchases are called capital investment. If you raise the funds to purchase them from others you are a borrower. c. These purchases are called consumption. If you raise the funds to purchase them from others you are a saver. d. These purchases are called consumption. If you raise the funds to purchase them from others you are a borrower.
Business
1 answer:
Alex Ar [27]3 years ago
4 0

Answer:

The answer is B.

Explanation:

Capital is what is used to start a business. It is what the owner's contribution in the business. In advanced class, it is called stock or equity. Capital is usually from the owner's savings. But if this money is borrowed either from an individual or a bank, the person is a borrower while the other party is the lender.

Option A is incorrect because money raised from someone makes the person borrowing a borrower and not a saver.

Option C and D are incorrect because the items needed for the business are not consumables, they are needed for the smooth running of the business, hence they are not consumption.

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Equilibrium price is $10 in a perfectly competitive market. For a perfectly competitive firm, MR = MC at 233 units of output. At
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Answer:

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Explanation:

The equilibrium price is $10.

MR = MC at 233 units of output.

At this output level, ATC is $12, and AVC is $9.

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= ATC - AVC

= $12 - $9

= $3

The total fixed cost

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The equilibrium price is able to cover the average variable cost so the firm should continue production in the short run.

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Why would a free market never operate at a quantity greater than the equilibrium quantity? Hint: What would be required for a tr
Volgvan

Answer:

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Explanation:

The free market is a market without government intervention, equilibrium price and quantity are determined by the interaction of the market forces, also called price mechanism , which Adams Smith referred to as the invisible hands in the market.

The free market cannot operate outside the equilibrium because, the market forces will always keep the market towards equilibrium. Even if equilibrium is distorted, as a result of any shock, the market forces will bring the market towards equilibrium all things being equal, except there is market failure.

a free market is a market in which prices of goods and services are set by demand and supply and are allowed to reach their point of equilibrium without government intervention

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4 years ago
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