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Anika [276]
3 years ago
11

In a market, buyers want to pay the _____ possible price and sellers want to charge the _____ possible price.

Business
1 answer:
nikklg [1K]3 years ago
8 0

Answer:

Lower; Higher

Explanation:

Lower; Higher

A consumer always wants to pay a lower price for the commodity in order to increase the consumer surplus. While the producer can increase their profit by charging higher prices. Therefore, the producer will try to charge a higher possible price.

You might be interested in
Acme Products manufactures and markets a product called Grow Tall. Acme claims in its advertising that Grow Tall will make its u
adoni [48]

Answer: a. deceptive, and the FTC may issue a cease-and-desist order.

Explanation:

A product that can increase human height by 6 inches sounds highly improbable and so is deceptive to people.

The Federal Trade Commission in it's role as a protector of Consumers from.unfair and deceitful practices in Commerce can act against Acme to stop them from deceiving the consumer.

One of the ways that the FTC can do this is by issuing a Cease and Desist order to Acme and if they fail to do so, can then take them to Court.

8 0
3 years ago
Explain whether each of these individuals will be counted as a part of the labor force. Alex has not responded to interview requ
Anvisha [2.4K]

Answer:

Alex is part of the labor force, John is also part of the labor force.

Explanation:

The labor force includes all those that are currently employed and those that are unemployed but searching for a job. The labor force does not consider the unemployed that are not searching for jobs.

With this understanding, Alex is part of the labor force because he applied to be a realtor. This indicates that even though he is currently unemployed and has not responded to interview requests from banks, he is interested in working as a realtor.

John is also considered to be part of the labor force, the only difference here is that he is now working part-time at the library, whereas, he worked as a full-time teacher.

Therefore, both Alex and John are part of the labor force

8 0
3 years ago
In blocking federal action to break up the monopoly on the manufacture of sugar during the 1890s, the Supreme Court decided that
UkoKoshka [18]

There are different actions that are taken in business. In blocking federal action to break up the monopoly on the manufacture of sugar during the 1890s, the Supreme Court decided that;

  • The power to monitor or regulate interstate commerce did not include the manufacture of goods.

<h3>What type of power is the power is known to regulate interstate commerce?</h3>

The Congress is known to have the power stated above. The Commerce Clause of the United States Constitution states that the Congress have the power to monitor interstate and foreign commerce.

The meaning of this text is that limited power to monitor commercial trade that takes place persons in one state and persons outside of that state lies in the hands of the congress.

learn more about monopoly from

brainly.com/question/13113415

7 0
2 years ago
A stock analyst collected the following information about ABC Inc.: - The firm required rate of return on equity is 17% and its
inessss [21]

Answer:

$5,170,940.17

Explanation:

Calculation to determine what The value of equity is closest to:

Using this formula

Value of equity = FCFE1/(1+ke)^1+ FCFE2/(1+ke)^2+

FCFE2(1+g)/ke-g *1/(1+ke)^2

Where,

FCFE= Free cash flow of equity

ke = cost of equity

g = growth rate

Let plug in the formula

Value of equity= $550,000/(1+0.17)^1 + $660,000/(1+0.17)^2 +$660,000 2/(1+0.05)/0.17-0.05* 1/(1+0.17)^2

Value of equity= $470,085.47 + $482,138.94 + $4,218,715.76

Value of equity= $5,170,940.17

Therefore The value of equity is closest to:$5,170,940.17

5 0
3 years ago
A particular dress manufacturer closes a factory in South Carolina and moves the factory to Malaysia, where labor costs are lowe
mr_godi [17]

Answer:

de-industrialization

Explanation:

De-industrialization is a process in which there is a shift of industries from an economy.

It is not necessary that the industry is then relocated somewhere else.

But it does not work any further in the city it is setup. Here also, the factory is closed in South Carolina. That is de-industrialization in the current city.

Although, the industry is setup in Malaysia, but the company do not work in its earlier location. And it has shifted from original location.

Thus, it is a case of de-industrialization.

8 0
3 years ago
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