The percentage of texting and driving car accidents in the united states is 1 out of 4 which means 25%
Answer:
The correct answer is: market prices that are determined by consumers and producers acting in their own self-interest.
Explanation:
In a market system, the price of a good is determined by the intersection of demand for goods by consumers and the supply of goods by the producers. The price is determined at the point where the market forces of demand and supply are equal.
The producer is trying to maximize its profit while the consumer is trying to maximize its utility. Both are working for their self-interest and in this way are able to allocate scarce resources through the working of the market system.
Answer:
a new Long income in market to get a new meal
Answer: B. The capital gains yield is positive.
Explanation:
The Capital Gains Yield is a percentage figure that tells how much an investment has increased in price from it's acquisition.
It works by taking the new value and dividing it by the original value.
Using Stacy as an example, the Stock increased by $4 so assuming she bought the stock for even $0.1 then her Capital Yield is,
= 4/0.1
= 40 * 100%
= 4000% which is positive
As long as the stock was sold for more than it was bought, Capital Yield Gain is positive.
Answer:
D. Shoes Cult has a competitive advantage over Aros.
Explanation:
Competitive advantage is defined as the advantage an entity has when they are able to produce a good at cost that is lower than the cost incurred by other parties in the same industry. This results in higher profit margins for businesses that have low production cost.
In this scenario Aros produces shoes for $20 while Shoes Cult produces the same shoes for $22. They both have the same price ceiling of $30.
Aros has competitive advantage over Shoes Cult because they produce at a lower cost and make more profit than Shoes Cult.
Assume they both sell at the maximum price. Profit for Aros= 30- 20=$10
Profit for Shoes Cult= 30-22= $8