Answer:
Total cost = $3477.5
Explanation:
Given the following data;
Sales tax = 7%
Cost price = $3250.00
To find the total cost for the printer;
First of all, we would determine the sales tax
Sales tax = 7/100 * 3250
Sales tax = 7 * 32.5
Sales tax = $227.5
Now, we can find the total cost;
Total cost = sales tax + cost price
Total cost = 227.5 + 3250
Total cost = $3477.5
Answer:
The answer is D.
Explanation:
The correct answer is D. universally true for all markets
Other things being equal, as the price of goods and services increase, producers/firms tend to produce more(this is the popular law od supply) inorder to take advantage of the high revenue.
Unlike demand, for supply, price and quantity supplied are directly related.
Answer: B.both stocks are equally good investments
Explanation:
The options are;
A.it is better to buy shares in Bad Firm
B.both stocks are equally good investments
C.it is better to buy shares in Good Firm
D.both stock prices react equally to the same information
From the question, we are informed that Good Firm is highly profitable and will grow rapidly in the future while Bad Firm faces the same risks but barely makes a profit and will not grow at all. It should be noted that In an efficient market, both stocks are equally good investments.
Answer:
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