In a MARKET economy the price of apple will be determined by supply and demand. The correct option is C.
A market economy is one in which the the decision of what, how and for whom to produce is determined by the customers who make the demand and the business owners who supply the goods.
Stan would probably be wise to use positive self talk to deal with tough situations in his work place. Seeking to use positive self talk to manage conflict can be effective in managing your mood and expectations in a situation of conflict to calm down and work effectively moving forward.
Fundamentally, economics deals with scarcity. Assuming humans have unlimited wants within a world of limited means, economists analyze how resources are allocated for production, distribution, and consumption. The study of microeconomics focuses on the choices of individuals and businesses, and macroeconomics concentrates,
On the behavior of the economy as a whole, on an aggregate level. One of the earliest recorded economists was the 8th-century B.C. Greek farmer and poet Hesiod who wrote that labor, materials, and time needed to be allocated efficiently to overcome scarcity. The publication of Adam Smith's 1776 book,
An Inquiry Into the Nature and Causes of the Wealth of Nations sparked the beginning of the current Western contemporary economic theories.
To learn more about scarcity, click here
brainly.com/question/17899742
#SPJ4
Answer:
The kind of pricing policy that Fresnas designs inc is using is earning satisfactory profits.
Explanation:
Pricing policy can be defined as the way in which a company sets the prices of its products and services, now while setting these prices a company would take in to account factors like cost, demand for product , competition in the market , value etc. Here fresnas company has based their pricing policy on earning satisfactory profits, which for them are reasonable level of profits, considering the level of risk they are facing in the market.
Answer:
increase
Explanation:
Break-even calculation is use to determine the minimum number of units a company needs to sell in order to cover the fixed costs. The formula for break-even point is as follows;
Break- even = Fixed cost/ (Selling price - Variable cost)
If you increase variable cost (VC) while keeping the selling price and fixed cost constant, the denominator amount will be smaller making the break- even point to increase.