Answer:
$1,500
Explanation:
A business buys $5000 worth of resources resources to produce a good
The business makes 100 unit of of the good and sell each for $65
Therefore the value added by the business to the product can be calculated as follows
= $65×100
= $6500
$6,500-$5,000
= $1,500
Hence the value added by the business to the product is $1,500
Answer:
answer
<h2><em><u>Here are six ways you can cultivate a savings culture:</u></em></h2>
- <em><u>Here are six ways you can cultivate a savings culture:HAVE A BUDGET.</u></em>
- <em><u>Here are six ways you can cultivate a savings culture:HAVE A BUDGET.CONTRIBUTE MORE TO YOUR RETIREMENT. Stop procrastinating when it comes to retirement planning. ...</u></em>
I<span>f your expenses exceeded your income, you should </span>reduce your variable cost. The variable cost is the controllable cost because it depends on the level of the output you are expected to have. These are costs that can be cut off by reducing the output level.
<span> </span>
Answer:
higher prices and higher total revenue from marijuana sales.
Explanation:
If marijuana is legalised the demand for it will rise and because of addiction the demand will remain high and be inelastic to price changes. Users of marijuana will be willing to pay high prices for it.
If supply is elastic, meaning an increase in price will result in increased supply, and decrease in price will result in decreased supply. Then suppliers will meet the high sand but at a high price.
This will result in high price and high revenue from marijuana.