It would depend on which Greg you are referring to.
<span>If it’s Greg from Cabin Fever, he needed more money to buy gifts.</span>
If it Greg from the Diary of a Wimpy Kid, he needed more money to buy
food, more specifically cookies.
Packaging and labeling, in addition to benefiting the final consumers, also provides a <u>competitive advantage</u> for the firm.
<h3>What are packaging and labeling?</h3>
Packaging and labeling are the processes of designing and developing suitable packages for the enclosure of products and providing some instructions and suggestions for product usage.
While packaging focuses on the product's appearance, labeling is mainly concerned with the product's description.
Thus, packaging and labeling, in addition to benefiting the final consumers, also provides a <u>competitive advantage</u> for the firm.
Learn more about packaging and labeling at brainly.com/question/25909529
Nick paid around $383.00 per month on his credit card. He should've paid $400.00 a month
Answer:
The monetary value is $24,201.23
Explanation:
Giving the following information:
Cash flows:
Year 1= $6,800
Year 2= 6,800
Year 3= 6,800
Year 4= $15,000.
The discount rate is 15 percent.
We need to discount each cash flow to the present value:
PV= FV/(1+i)^n
Year 1= 6,800/1.15= 5,913.04
Year 2= 6,800/1.15^2= 5,141.78
Year 3= 6,800/1.15^3= 4,471.11
Year 4= 15,000/ 1.15^4= 8,576.30
Total= $24,201.23
Answer:
$10.10
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the product.
Consumer surplus = willingness to pay of a consumer - price of the good
Producer surplus is the difference between the price of the product and the least price the producer is willing to sell his product
Producer surplus = price of the product - least price the producer is willing to sell his product
Consumer surplus
Jeff : $7.25 - $5 = $2.25
Samir: $9 - $5 = $4
Total consumer surplus = $2.25 + $4 = $6.25
Producer surplus
Ist manufacturer = $5 - $3 = $2
2nd manufacturer = $5 - $3.15 = $1.85
Total producer surplus = $2 + $1.85 = $3.85
Total social welfare = $3.85 + $6.25 = $10.10
I hope my answer helps you
