Answer:
The price taker is B. Megan buys vegetables from the local grocery outlet. and D. Ralph, a fruit seller, sells apples at a market price of $3.50 a pound.
Step-by-step explanation:
A price taker is an individual (seller or buyer) or company the have no influence on the price of the product. They have to accept the prevailing price at the market since they have competitors for the same products, so buyers have an alternative choice.
B. Megan buys vegetables from the local grocery outlet.
(Megan is a price taker since she is beholden with the price tag of vegetables at the local grocery outlet)
D. Ralph, a fruit seller, sells apples at a market price of $3.50 a pound.
(Ralph is a price taker since he is attached to the market price)
Answer:
A, B, and C
Step-by-step explanation:
We can substitute each number into each equation
2 <u><</u> -1 + 5 true
2 <u>></u> 1 true
1 <u>></u> 0 true
A is correct
4 <u><</u> -1 + 5 true
4 <u>></u> 1 true
1 <u>></u> 0 true
B is correct
3 <u><</u> -0 + 5 true
3 <u>></u> 0 true
0 <u>></u> 0 true
C is correct
5 <u><</u> -2 + 5 false
D is incorrect
Answer:
D
Step-by-step explanation:
r = 5 units
Answer:
$105
Step-by-step explanation:
Multiply 1,500 (the price) by the tax 0.07 = $105
Answer:
A. (2,5)
because 3×2 is 6, 6-1 is 5
so y=5
