Answer:
producers are "price takers".
Explanation:
Commodity markets is an example of A perfectly competitive market. A perfectly competitive market is characterised by many buyers and sellers of homogenous goods and services.
Because products are homogenous, sellers cannot set the price for their goods. Prices are set by forces of demand and supply,therefore, suppliers are price takers.
There are no barriers to entry and exit of firms into the market.
I hope my answer helps you
Answer:
$248 per unit
Explanation:
Given that
Selling price per unit = $620
Variable cost per unit = $372
Fixed cost = $868,000
Current sales volume = $4,370,000
The formula and the computation of the contribution margin per unit is shown below:
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $620 - $372
= $248 per unit
After getting a B.S in computer programming in 1985, and then missing some time in between jobs, you will need to make a new resume. Since you already have worked several jobs, and two with major companies, you will want to list those on the top of the resume. The most appropriate strategy for dealing with your resume and the irregular work history will not be very complicated. You will want to include all of the dates of employment and any recognition/awards you may have received with those jobs. Next, you will want to explain in the application letter that you were not in the workforce because of your childcare responsibilities. You may also want to include that the children are now in school, and you can focus on your career.
Answer:
Explanation:
Gross income = 1070
net income = gross income - tax = 1070 - 210 = 860
payment to credit card = 128
debt payment to income ratio without college loan
= 128 / 860
= .1488
Ground-fault circuit interrupters must be used for all of the following except?
A-rooftop
<u>B-any outdoor area
</u>
C- where temporary wire is being used
