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Alexxx [7]
2 years ago
9

Sam manages a grocery store in a country experiencing a high rate of inflation. to keep up with inflation, he spends a lot of ti

me every day updating the prices, printing new price tags, and sending out newspaper inserts advertising the new prices. his employees regularly deal with customer annoyance over the frequent price changes. this is an example of the of inflation.
Business
1 answer:
pogonyaev2 years ago
8 0
T<span>his is an example of the menu costs of inflation.  A </span>menu cost<span> is the </span>cost incurred<span> to a firm resulting from changing its prices. The name stems from the </span>cost<span> of restaurants literally printing new </span>menus, but economists use it to refer to the costs<span> of changing prices in general, printing new tags and sending newspaper inserts to advertise the new price,</span>
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A monopolist produces a. more than the socially efficient quantity of output but at a higher price than in a competitive market.
irina [24]

Answer:

B

Explanation:

First, a monopoly produce less than the socially efficient quantity because as the figure shows, the quantity produced is determined by the intersection between the marginal cost curve (MC) and the marginal revenue curve (MR) and not by the intersection between the MC and the demand. For instance, there is a deadweight loss (shown by the figure).

Second, equilibrium price is always higher than in a competitive market because is always higher than the MC. The price is determined by the equilibrium quantity (found before) and the demand. Also, there are barries to entry and so monopolist have always price control.

4 0
3 years ago
Jarvey Corporation is studying a project that would have a ten-year life and would require a $450,000 investment in equipment wh
Tems11 [23]

Answer:

Payback period = 3 years

Explanation:

<em>The payback period is the average length of time it takes the cash inflow from a project to recoup the cash outflow.</em>

<em>Where a project is expected to generate a series of equal annual net cash inflow, the payback period can be calculated as:  </em>

<em>Payback period =The initial invest /Net cash inflow per year </em>

The cash inflow = Net operating income + Depreciation

                          = 105, 000 + 45,000 = 150,000

Note we have to add back depreciation because it is not a cash-based expenses. And payback period makes use of only cash-based revenue and expenses.

Payback period = 450,000/150,000

                          = 3 years

Payback period = 3 years

5 0
3 years ago
Managers use leadership to _____ members of an organization by inspiring and motivating them to achieve the organization’s goals
Nuetrik [128]

Answer:

Influence.

Explanation:

One of the most important thing for an organization is their workforce or employees.An organization is known by it's employees.So it is necessary to keep the employees happy,and motivated so that they can achieve organization's goals.

Managers have these leadership qualities so that they can influence the members of the organization by motivating and inspiring them.

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3 years ago
How do I delete my acount
Arte-miy333 [17]

Answer: i think u have to contact a mod im not rlly sure

5 0
3 years ago
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The __________ states that businesses will produce more products when they can sell them at higher prices.
jeka94
The answer that would best complete the given statement above would be option A. It is the LAW OF SUPPLY that states that businesses will produce more products when they can sell them at higher prices. On the other hand, the law of demand<span> states that buyers will want more products when prices are low. Hope this answers your question.</span>
7 0
2 years ago
Read 2 more answers
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