Answer: B
Explanation: Businesses are run by consumers, so the choices those consumers make will find their way into business decisions. b. Businesses can track the trends of what consumers are and are not buying, and will attempt to cater to the desires of those who provide them with profits.
Answer: Apart from the resources, there are three important factors for production, these are work (people or man hours available), investment (machinery and equipment needed) and organization (business planning).
Explanation: The first three factors were selected by the classical economy where Adam Smith and David Ricardo appeared, to these other organizational factors have been added, however their objective is the same, so that a company achieves the goals set, it has the task of combining these factors in the best way possible. Example: maximize man hours, use the best machinery, that the land or resources are prepared for production.
Answer:
present value = $57.14.28
present value = $2857.13
Explanation:
given data
perpetuity value = $400
interest rate = 7% = 0.07
interest rate = 14% = 0.14
to find out
What is the present value
solution
we get her present value that is express as
present value = 
............1
put here value for rate 7% and 14%
present value = 
present value = $57.14.28
and
present value = 
present value = $2857.13
Answer:
The correct answer is option C.
Explanation:
At the current market price of $4, the quantity demanded is 20 units.
Last year at the same price the quantity demanded was 30 units.
This means that the price remains constant, the quantity has declined from last year. This indicates that the demand has declined over the year shifting the demand curve to the left.
