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Snezhnost [94]
3 years ago
9

The marginal seller is the seller who

Business
1 answer:
trapecia [35]3 years ago
3 0

Answer:

b. would leave the market first if the price were any lower.

Explanation:

In the market, the producer always sells more than the economic cost ( raw materials and labor cost) that he bears during production. The marginal seller means that the seller earns zero economic profit ( producer surplus) i.e. an economic cost equals the selling price. So if the price falls then the marginal seller would leave the market first because he will be indifferent when earns the zero economic profit but when the price falls he would leave the market.

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All of the following are categories of data that marketing researchers typically collect except for which one? a. Fears b. Behav
swat32

Answer:

The correct answer is A

Explanation:

Market research is the research which is a scientific study and it is performed in order to collect the important market information, enable the business to make the right decisions.

The collection of the data in the marketing research is defined as the detailed as well as informative procedure, in which the planned search for the all the relevant data that is made by the researcher.

So, the categories which are used for the data that  marketing researchers usually collect are behavior, attitudes and intentions.

3 0
3 years ago
Suppose real GDP for a country is $1,200 billion. The GDP price index is 114.6. There are 25 million workers who work 36 hours p
8_murik_8 [283]

Answer:

1,333.33

Explanation:

Labor productivity is measures the hourly output of a country's economy. Specifically, it charts the amount of real gross domestic product (GDP) produced by an hour of labor.

total labor hours = 25milion x 36 hours per week

                            = 900 million

labor productivity = GDP ÷ total labor hours

labor productivity = $1,200 billion ÷ 900 million

                                $1,333.33 per hour

4 0
3 years ago
On January 1, Year 1, Lowing Company acquired a patent from Generics Research Corporation for $3 million. The legal life of the
pickupchik [31]

Answer:

The amount of amortization expense each year is $500,000.

Explanation:

This can be calculated as follows:

Patent original cost = $3,000,000

Salvage value after 5 years = $500,000

Number of years to use before selling it = 5 years

Therefore, we have:

Annual amortization expense = (Patent original cost - Salvage value after 5 years) / Number of years to use before selling it = ($3,000,000 - $500,000) / 5 = $500,000

Therefore, the amount of amortization expense each year is $500,000.

4 0
3 years ago
Mia Lane bought a high-definition television for $7,500. Based on her income, she could afford to pay back only $600 per month.
lina2011 [118]

Answer:

$ 7,012.50

Explanation:

Please see attachment

6 0
3 years ago
The amount of commission charged to a customer to effect a securities transaction:____.
Nastasia [14]

The amount of commission charged to a customer to effect a securities transaction <u>must be disclosed on the trade confirmation and is not required to be disclosed prior to executing the transaction</u>.

A commission is a fee paid by a business to a seller in return for services in promoting, directing, or completing a sale. Fees may be based on a flat fee or (more commonly) based on a percentage of revenue generated.

Employers offer commissions to motivate employees, increase productivity, increase sales and attract customers. Sales and marketing jobs in many industries, such as businesses such as automotive and real estate, typically offer commission-based compensation.

If the company earns a sales commission, this is recorded as income on the income statement. If the commission earned is part of the company's core business, it is usually classified as operating income. Otherwise, it is classified as other income.

Learn more about the commission here: brainly.com/question/957886

#SPJ4

3 0
1 year ago
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