Answer:
$50
Explanation:
The computation of the selling price of each purse is shown below:
As we know that
Selling price = Total value ÷ number of purses sold
where,
Total value is
= Cost of the purse × number of purses sold + producer surplus
= $35 × 12 purses + $180
= $600
And, the number of purses sold is 12
So, the selling price of each purse is
= $600 ÷ 12 purses
= $50
Answer is D: Loan
When we talk about financing something we are talking about taking out a loan to purchase the product.
For example, if we say we are looking to finance the purchase of a home, we are talking about taking out a loan to purchase our home
Answer: Index numbers are used to measure changes in the value of money. A study of the rise or fall in the value of money is essential for determining the direction of production and employment to facilitate future payments and to know changes in the real income of different groups of people at different places and times.
Explanation:
The answer is b. department of the treasury
Answer:
a) buyers with relatively more inelastic demands are charged higher prices than buyers with relatively more elastic demands
Explanation:
Third-degree price discrimination, also known as market segmentation due to price discrimination, consists in price variation depending on the segment of the market to which the consumer belongs.
In this way, each consumer is charged a different price, but the price remains constant for any total amount purchased. This degree of discrimination is the most common used by companies and includes examples such as discounts to students or retirees.
