It depends.
If it is a natural supply demand situation, then the makers of apple pies should lower their prices.
Or
They should make fewer pies because all the apple pie makers are going to choose making apple pies because of reduced costs.
In the market place, you can strive to make a profit, but you should never be greedy.
<h2>
Cost of goods sold of Baxter's Company = 3,06,000</h2>
Explanation:
Cost of goods sold = +Purchase + Direct Exp+ Opening Inventory - Closing Stock
85,000 + 3,23,000 - 1,02,000 = 3,06,000
Answer: True
Explanation:
An exculpatory clause is a form of contract provision which relieves one party of liability when damages are caused while executing the contract. The party which ssues the exculpatory clause is the one that is seeking to be relieved of any potential liability incurred.
There has already been a notice that "the garage is not responsible for any item stolen from the car". Roger parking his car at the garage is at his own risk as the garage owners won't be responsible.
<span>A country with a small GDP can have a large per capita income IF IT HAS A SMALL POPULATION. Per capita income is defined as the measure of the average income earned per person in a particular country in a specified year. It is determined by dividing the area's total income by its total population. The smaller the population, the higher the per capita income. </span>
Answer:
Mixed economy.
Explanation:
In the country of Mashwen, the state owns key industries such as energy and transportation. The rest of the industries are privately owned. Mashwen is a <u>Mixed</u> economy.
Mixed economy: It is a shared economy system, which has equal role of private enterprises and public enterprises. In the current global market, most of the economy are mixed economy. It allow private enterprises with equal opportunity to participate in the market, it create healthy competition among different player and buyer can have variety of product at low price.
