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ipn [44]
3 years ago
12

The main economic influence that determines prices is:____.

Business
1 answer:
Makovka662 [10]3 years ago
3 0

Answer:

B) supply and demand.

Explanation:

By using the supply and demand concept, the company is able to determine  the prices. Here the relationship is lies between the commodity quantity in which the producers sells at different prices and how much quantity is to be purchased by the consumers. It is an important model for determining the price. When the supply and the demand meet at a point it is known as the equilibrium point at this the quantity supplies is equivalent to the quantity demanded

hence, the option B is correct

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It costs a meat-processing company $50,000 to produce 5,000 pounds of steak. the company's cost will be $50,009 if it produces a
Thepotemich [5.8K]
Calculating average cost of steak initially when only 5000 pounds was produced 
Average cost= 50000/5000 
AC= 10$ 
Now when 1 pound is added only 9$ is added in total cost so marginal cost 
MC= 9$ 
From above calculations we can see that AC>MC
 so we can say that the average cost of production is greater than marginal cost so it will be beneficial to produce more
8 0
4 years ago
The stock price of Baskett Co. is $54.20. Investors require a return of 12 percent on similar stocks. If the company plans to pa
Alchen [17]

Answer:

5.08%

Explanation:

using the Gordon growth model we can calculate the expected growth rate:

current stock price = dividend / (required rate of return - growth rate)

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12% - g = $3.75 / $54.20

12% - g = 6.92%

g = 12% - 6.92% = 5.08%

5 0
3 years ago
A state licensing fee on sales of medical devices causes the supply curve for one type of device to shift from S1 (without the f
grigory [225]

Answer: hello your question is incomplete attached below is the complete question

answer ; Government revenue from tax = $750,000 per month

Explanation:

Attached below is the required graph

Government revenue from tax ( per month )

= ( 450 - 30 ) ( 50 - 0 )

= $750,000 per month

4 0
3 years ago
Producing one yard of cloth requires 3 worker and 1 capital, while producing one pound of food requires 1 worker and 2 capital.
Afina-wow [57]

Answer:

d. 3QC + QF = 720

Explanation:

The labor constraint is the resource limitation in terms of labors. If labor resource is scarce then production schedule needs to prepared with special attention to utilize the resource in best possible way. The labor constraint  is 3QC + QF = 720 for the ROW.

5 0
3 years ago
Tim loaned a friend $4,000 to buy a used car. In the current year, Tim’s friend declares bankruptcy and the debt is considered t
julsineya [31]

Answer:

e. $3,000 short-term capital loss (STCL)

Explanation:

From the given information;

Tim may deduct only $3,000 short-term capital loss (STCL) because the loan is not business-related. SO, he can claim a maximum of $3000 in the current year and the remaining can be forwarded to ordinary income on the individual return in any one tax year.

5 0
3 years ago
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