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Artemon [7]
3 years ago
8

Suppose you are a T-shirt producer in a market without price controls. You are charging a price that is below the equilibrium pr

ice for T-shirts. Market pressures will eventually _____ the price of your T-shirts.
lower
raise
not change
Business
2 answers:
Murljashka [212]3 years ago
8 0

Answer:

raise

Explanation:

A market without price control is a competitive market. Price in this type of market is defined by the interaction between supply and demand. If the price is below equilibrium price, demand will increase more than its supply capacity. Then you will have to raise your price to cool down demand according to your supply capacity.

NikAS [45]3 years ago
4 0
B) raise 
so they can compete with u
                          
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The United Nations Human Development Report gives the following data for real GDP per person in​ 2014: China,​ $12,547; Russia,​
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Answer:

B. between China and Russia or between Canada and the United​ States, because household​ production, the underground​ economy, leisure​ hours, and the environment are similar in each pair

Explanation:

The standard of living can be easily compared​ ______.     A. between China and Canada because they have a similar land size   B. between China and Russia or between Canada and the United​ States, because household​ production, the underground​ economy, leisure​ hours, and the environment are similar in each pair   C. among none of the four countries because they are too different   D. between Russia and the United States because they are both super powers   E. among all four countries because real GDP per person includes a reliable measure of​ income, household​ production, the underground​ economy, leisure​ hours, and the environment

Real Per capita GDP measures the standard of living of the people in a country. The higher the Real Per capita GDP, the higher the standard of living

Real Per capita GDP = Real GDP / population  

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

some items are not perfectly measured by GDP. They include

1. services not rendered to oneself

2. Activities not reported to the government  

3. illegal activities

4. sale or purchase of used products

5. sale or purchase of intermediate products

Because GDP does not measure underground economy (illegal activities) , leisure , it would be difficult to compare either pair of countries

 

3 0
3 years ago
_____ is a method for determining the estimated annual costs and benefits for a project.
kozerog [31]
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5 0
3 years ago
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6 0
2 years ago
Operations management moves from knowing the needs of consumers to actually satisfying those needs.a) trueb) false
Mariana [72]

Answer:

<u>True</u>

<u>Explanation:</u>

Remember, no business operations would exist if there aren't any identified customer needs to solve.

Also, we need to bear in mind that Operations management activities are done in any business in other to efficiently (profitably) process raw materials,  labor, etc into the goods and services needed by consumers.

8 0
2 years ago
Stryder, Inc., has 3 million shares outstanding at a current price of $15 per share. The book value of the shares is $10 per sha
KengaRu [80]

Answer:

Answer:

                                                                                         $

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Market value of bonds (30,000,000 x $101/100) = 30,300,000

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Explanation:

6 0
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