Supply of oil at different prices of other goods.
Answer:
The correct answer is B.
Explanation:
Gross profit equals net sales minus cost of sales(Net sales- Cost of Sales).
Net sales = $325,000
Cost of Sales = $240,500
Therefore we have;
$325,000 - $240,500
=$84,500
Gross profit ratio is (Gross profit/net sales) x 100%
($84,500 x $325,000) x 100%
26%
Answer:
war communism
Explanation:
The necessities of the civil war pushed the government to a more radical economic system known as war communism. This were the economic policies that were introduced in Russia in 1918 towards the end of the first World War by Vladimir Lenin which was the leader of Russia at that time. This Economic Policy was terminated in 1921 and was deemed as a failure.
Answer:
If Verizon charges an optimal two-part price thenconsumer surplus will be zero.
Explanation:
Given a competitive market the consumer surplus will be the area of the demand curve above the market price
This is, between the intersection point with Y axis and a parallel at market price. Ofter represent as a triangle
If a monopolistic company maximize profit It will decrease this consumer surplus as much as it can to gain it from itself.
First it will set price equal to his marginal revenue.
Then, if possible it will charge two tariff a fixed component and a variable component per usage This will extrac all consumer surplus in favor of the firm leaving a consumer surplus of zero.
If Verizon charges an optimal two-part price thenconsumer surplus will be zero.
The auditor's count of the client's cash should be coordinated to coincide with the ''count of investment securities'' since both mean counting/managing money.
