Answer: is a seller that has the ability to control to some degree the price of the product it sells.
Explanation:
A price maker is a firm with the ability to influence the market price of its goods or services.
Features of a price makers
1. They are usually monopolies
2. They have a downward-sloping demand curve
3 The goods they produce do not have perfect substitutes,
Answer:
$3,210.94
Explanation:
The NOPAT of the Edwards electronics can be determined through the following mentioned method.
Sales: $11,250
Operating costs: ($5,500)
Depreciation: ($1,250)
Interest payment ($218.75)
($3,500*6.25%)
Profit before tax $4,281.25
Taxes(25%) ($1,070.31)
NOPAT $3,210.94
Answer:
a) will
d) crystal
Explanation:
Please find the information needed to answer this question in the attached image
Willingness to pay is the highest amount a consumer would be willing to buy a product. If the price of the good is below the willingness to pay, the consumer would purchase the good.
The three beachfronts were sold to Alyssa, Tim and Brian.
The new sale of the beachfront at $535,000 would be sold to crystal because her willingness to pay ($550,000) is higher than the price of the beachfront.
the consumer surplus from the purchase would be $550,000 - $535,000 = $15,000
To answer the question we can look at the
definitions of both "efficiency". and equity", and decide which
action falls under what category:<span>
Efficiency is the quality to successfully finish a job
without wasting any time or resources, by this definition when Eric does not
care about how the pieces are distributed, he is showing efficiency, not
wasting time or energy to distribute, but finishing the distribution.
Equity means the ability to be partial or fair with all, when Eric cares about how the pieces are
distributed, he is showing equity.</span>
It is the desire to attain an aim that pushes a person to work and even fight. People with high success needs strive to attain their goals by avoiding low-reward, low-risk scenarios and difficult-to-achieve, high-risk ones.
<h3>When was McClelland's theory of needs developed?</h3>
- In the 1960s, American psychologist David McClelland established his needs theory, now known as the Achievement Theory of Motivation.
- This idea is still widely used in psychology and academics, but it is also beneficial to business leaders and managers.
- The more you understand about the psychology of human motivation, the more prepared you will be to motivate your staff effectively.
- According to McClelland's thesis, everyone is motivated by one of three needs: success, affiliation, or power.
Learn more about McClelland's theory refer
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