Answer:
People usually prefer saving their time by buying at a place where they can find all the necessity products, they pay a few cents more for a single product just because they don't have to visit another store in order to buy the remaining goods.
Explanation:
Sometimes we pay a few cents extra for a product as compared to the same product available somewhere else at a cheaper price because a great variety of product is available.
People usually prefer saving their time by buying at a place where they can find all the necessity products, they pay a few cents more for a single product just because they don't have to visit another store in order to buy the remaining goods.
Answer:
The correct answer to the following question will be Option C.
Explanation:
- Throughout the macroeconomic equilibrium, the aggregate supply curve becomes equivalent to something like the supply curve, the real GDP seems to be comparable to potential Output (GDP), however, if frictional as well as systemic unemployment seems to be the maximum total poverty throughout the longer term.
- Consequently, whenever the economy seems to be in macroeconomic equilibrium, the argument which is not accurate would be that the businesses would have excess power.
So that Option C is the right answer.
Answer:
The correct option is A. Need or Deficiency.
Explanation: A need is something that is necessary for an individual to function and live properly, while deficiency can be used to denote a state of lack. Our needs are often the motivating factor behind us working to earn a living, however, different people work for different reasons.
In the scenario presented above, we can see that Madeline is motivated to take on more clients due to the fact that she perceives that her needs will increase.
Therefore, the correct option to this question is that Madeline's motivation is due to need or deficiency.
Answer:
loss on fire and storms 710,000
insurance expense zero as the firm didn't acquire any
Explanation:
Notice it state <u><em>"if the company were to obtain insurance"</em></u> Which means it currently has none insurance.
If the firm had an insurance the amount of losses would be deducted from the insurance policy but there is none so we disclosure the entire loss as a result of the period.
Hence, we should recognize the entire loss on fire and storm damage of 710,000 during the year and no insurance expense.
Answer:
D. Actually, average revenue is always equal to price, whether demand is downward sloping or no
Explanation:
This is because Average revenue is the amount of revenue that is obtained by selling an addition unit of output. This additional revenue is always = Price as proven by the equation below,
Total Revenue = Price * Quantity
Thus, AR = Total Revenue / Quantity
Input elements of the Total revenue we get,
AR = Price * Quantity / Quantity
AR = Price
Hope that helps.
