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choli [55]
3 years ago
6

Suppose yasmine and mercedes are the only two consumers in the market. when the market price falls from $12 to $6, the quantity

demanded increases by
Business
1 answer:
mrs_skeptik [129]3 years ago
6 0
I suppose it's 15 units.
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Which section of the business plan contains information about the financial history of the company? A. Financial Analysis B. Fun
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To generate leads for new business, Gustin Investment Services offers free financial planning seminars at major hotels in Southw
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Answer:

See Explanation section

Explanation:

We know,

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KengaRu [80]

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3 0
2 years ago
Look at the examples, and then determine which type of advantage each one describes.
lara [203]

Answer:

<span> 1) If a producer can provide cable service more cheaply than another producer, it is an</span> absolute advantage.<span>
2) If a  producer can produce salads while giving up fewer opportunities to make sandwiches than another producer, it is a</span> comparative advantage.

3) If a  producer can create more car parts than another producer does,  using the same number of resources, the price per unit is cheaper and it is an absolute advantage.

Absolute advantage<span> is the ability of a person, a  country, company or region to produce a good or service at a cheaper price per unit than another entity producing the same good or service.</span>

Comparative advantage<span> is the ability of a person, a  country, company or region to produce a specific good or service more efficiently (lower opportunity cost)  than another entity to produce the same good or service.</span>

4 0
3 years ago
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