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Lapatulllka [165]
4 years ago
10

When gasoline prices rise​ rapidly, angry customers often accuse the major oil companies of​ ________, or enriching themselves a

t the expense of consumers.?
Business
1 answer:
Thepotemich [5.8K]4 years ago
6 0
Price gouging is the term that means when a company is raising prices on a product or service at the expense of their consumers in order to make more money. When gasoline prices rise, angry customers often accuse oil companies of this.<span />
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What is the current price for a bond worth $4,000 that has a price quote of 50?
barxatty [35]

Answer:

$ 2,500 as far as i know.

Explanation:

7 0
4 years ago
Costco Wholesale Corporation collects annual non-refundable membership fees from customers. When should Costco recognize revenue
mixer [17]

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B. Evenly over the membership year

Explanation:

8 0
4 years ago
Your company will generate $47,000 in annual revenue each year for the next seven years from a new information database. If the
Alla [95]

Answer:

The answer is $252415.91

Explanation:

Solution

Now

A step bu step solution is provided below in showing the present value of the savings

Given that:

Year        Annual Revenues          Calculations           Present value

1                   $47000                    $47000 / (1.071)^1         $43884.22

2                   $47000                   $47000 / (1.071)^2        $40975

3                  $47000                   $47000 / (1.071)^3        $38258.63

4                  $47000                   $47000 / (1.071)^4        $35722.35

5                 $47000                   $47000 / (1.071)^5        $33354.2

6                  $47000                   $47000 / (1.071)^6        $31143.04

7                  $47000                   $47000 / (1.071)^7         $29078.47

Total present value                                                        $252415.91

Hence the current or present value of the savings is $252415.91

7 0
4 years ago
Sid has decided to leave his $70,000-a-year landscape design job and open a new kayak business. his insurance cost is expected t
Karo-lina-s [1.5K]

Economic profit refers to the profit earned by deducting the implicit cost and the explicit cost from the total revenue.

Economic Profit = Total revenue - (Explicit cost + Impllicit Cost)

where Total Revenue = $100,000

Explicit Cost = $2000 + ($25000*10%) = $4500

Implicit Cost = $70000 + $10000 = $80000

Economic Profit = $100,000 - ($4,500 + $80,000)

Economic Profit = $100,000 - $84,500

Economic Profit = $15,500

Hence, Sid's Economic Profit is equal to $15,500

4 0
3 years ago
Do you agree that working a job that you love is better for your overall health? Explain in 3 complete sentences?
Morgarella [4.7K]
Yes, working a job that you love keeps you motivated. It will not be as stressful if you love what you are doing. You will not have to force yourself to stay concentrated, and this will keep you looking and feeling healthy.
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