Answer:
b. would leave the market first if the price were any lower.
Explanation:
In the market, the producer always sells more than the economic cost ( raw materials and labor cost) that he bears during production. The marginal seller means that the seller earns zero economic profit ( producer surplus) i.e. an economic cost equals the selling price. So if the price falls then the marginal seller would leave the market first because he will be indifferent when earns the zero economic profit but when the price falls he would leave the market.
Answer:
C
Explanation:
Compare the prices. You can tell which item cost less per unit and is the best deal.
Answer:
The answer is A. $5,784,000
Explanation:
[(1.08)/(1.11)] -1 = -3.6%
Thus one year forward rate is 0.60*[1 +(0.036)] = $5784
$5784 * 10 000 000= <u>$5,784,000</u>
Answer:
The Communication Privacy Management Theory
Explanation:
The Communication Privacy Management Theory studies the ways that people think about and make decisions surrounding how to reveal or hide private information.
Answer:
response
Explanation:
Health insurance protects you and your health. pays hospitals and whatnot. Business insurance protects your business and assets under it.