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navik [9.2K]
3 years ago
7

A student might describe information about the costs of production as

Business
1 answer:
sattari [20]3 years ago
6 0
crucial to understanding firms and market structures
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true or false? if a currency is experiencing relatively high inflation, then its buying power is decreasing and international in
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True, When a currency is experiencing high inflation, then it’s buying power is decreasing, and investors like me will not want to hold it.
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1 year ago
Suppose that you have placed money in 2 funds: fund a and fund
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3 years ago
ABC Steel Co. is considering buying a new machine in order to increase its production capacity using new technology. Details abo
stepan [7]

Answer:

payback period is lesser than 15 years we can say that they should buy the machine

so correct option is c. 4.8 years  

Explanation:

given data

Purchase Cost = $300,000

Savings offered = $62,500 per year

Life of machine = 15 years

to find out

Payback period

solution

first we get here Payback period that is express as

Payback period =  purchase cost ÷ savings   ...........1

put here value we get

Payback period = \frac{300000}{62500}

Payback period = 4.8 years

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so correct option is c. 4.8 years  

7 0
3 years ago
How do you activate a linked chart?
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A.click the chart and ask t edit data
6 0
4 years ago
Demand"" is a series of prices and the related quantities that consumers are willing and able to buy at a particular ___________
Nonamiya [84]

Answer:

given price in a given time period

Explanation:

Demand is the quantity of a good or service that consumers are willing and able to buy at a given price in a given time period. Each of us has an individual demand for particular goods and services and our demand at each price reflects the value that we place on a product, linked usually to the enjoyment or usefulness that we expect from consuming it. Law of demand  states that If the price of something goes up, people are going to buy less of it.The higher price leads to a lower quantity demanded and that a lower price leads to a higher quantity demanded.  Demand is based on needs and wants a consumer may be able to differentiate between a need and a want, but from an economist’s perspective they are the same thing. Demand is also based on ability to pay. If you cannot pay, you have no effective demand. What a buyer pays for a unit of the specific good or service is called price. The total number of units purchased at that price is called the quantity demanded. An increase in the price of a good or service almost always decreases the quantity demanded of that good or service. Conversely, a decrease in price will increase the quantity demanded.

7 0
3 years ago
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